Property Management Fees & Pricing
Fair and transparent pricing with no hidden fees for lease-only and full-service property management.
The most expensive mistake a real estate investor can make is working with a cheap property manager. First Lock keeps pricing straightforward and aligned with performance.
Plans
Lease Only
No monthly management fee. The leasing fee is 100% of one month's rent, charged at completion. Includes the marketing, screening, and leasing work needed to place a qualified tenant before you self-manage.
Full Service Management & Leasing
Monthly management from 8% of collected rent, charged only when we successfully collect. The leasing fee is 50% of one month's rent, and you do not pay it until there is a signed lease and the tenant has paid.
| Lease Only | Full Service Management & Leasing | |
|---|---|---|
| Property Marketing | ||
| Custom Rental Analysis | ||
| Make-Ready Project Management | ||
| High-Quality Property Photos | ||
| Premium Marketing Package | $250 | $200 |
| Video Walk-Through Tour | ||
| Live Agent Phone Service | ||
| 12 Point Applicant Screening Process | ||
| Pet Screening | ||
| Lease Preparation & Signing | ||
| Move-in Condition Documentation | ||
| Move-in Coordination | ||
| Utility Transfers | ||
| Property Management - Full Service | ||
| 24/7 Property Maintenance Monitoring | ||
| Maintenance Coordination & Management | 10% coordination fee | |
| Bill Pay | ||
| Utility Administration & Management | ||
| Lease Enforcement | ||
| Annual Property Inspection | ||
| Eviction Services | ||
| Lease Renewal Process | $250 | |
| HOA Administration | ||
| Security Deposit Disposition at Move Out | ||
| Financial Reporting | ||
| Rent Collection | ||
| Secure Online Portal | ||
| Monthly Reporting | ||
| ACH Owner Payments | ||
| Year-End Tax Reporting | ||
| Guarantees | ||
| Tenant Placement Guarantee | ||
| Rent Deposit Guarantee | ||
| Management Fee Guarantee | ||
| Leasing Fee Guarantee | ||
| One Contact & Response Time Guarantee | ||
| 30 Day Contract Guarantee | ||
| Legal Compliance Guarantee | ||
Why Owners Trust First Lock
50+ Years Combined Experience
24/7 Maintenance Response
Month-to-Month Management Agreement
- Tenant Placement Guarantee
- Rent Deposit Guarantee
- Management Fee Guarantee
- One Contact & Response Time Guarantee