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Why are property managers so in demand? It is because the job of maintaining a property is quite difficult. Homeowners need help and these managers make life much easier. Pretty convenient, right? However, property managers can be costly, especially if you do not know how they structure their fees. Without that knowledge, you will not be able to pick the best out of all the options available to you. Following is the structure followed by property managers when charging their clients:
General Structure: The general structure includes the overall pricing strategies that the majority of the property managers follow. No matter where you look, you will find property managers using at least one out of the 3 main categories. They are:
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