9% Property Management Fee

This 9% property management fee is an ongoing monthly fee charged to the owner to compensate the property manager for the responsibilities of overseeing the management of their property. All property management companies charge this fee.

Leasing Fee from $595^➁

Our leasing fee is $595.00 OR 50% of first month’s rent; whichever is greater. This covers compensation for the initial time invested and resources used in setting up an owners account, showing property and/or other activities resulting in tenant placement. This fee is a one-time fee each time we place a new tenant in your home.

Lease Renewal Fee

$250 Single Family / $199 Duplex (per unit)

This fee of $250 for single family homes and $199 per unit for duplexes is charged when a property manager renews a current tenants lease and this fee covers the costs of initiating paperwork or communication needed to implement the new lease agreement.

$250 Maintenance Escrow

The $250 operating reserve is homeowner money held in escrow for necessary repairs or emergencies that may arise. This gives you the peace of mind that maintenance issues will be dealt with immediately, which in many cases helps to minimize the overall expense by preventing delays of the initial repairs.

$25 Vacant Weekly Advertising & Marketing Fee^➀

This fee is billable when your property is vacant and EPM typically has a very low “days on market” of approximately 25 days. In many cases we are able to rent your property before it is vacant, in which case this fee would not apply. The Advertising & Marketing Fee is a fee to place the property on the Zillow Rentals paid program, including Trulia.com, Realtor.com, Hotpads and many more partner sites. In addition, EPM partners with a digital marketing company that utilizes proven marketing techniques, giving your home the broadest and most dynamic marketing coverage possible.

$99 Property Management Transfer Fee

There is a $99 fee for transferring the management of occupied/leased properties to EPM. $199 for origination of NEW EPM lease to be signed by the tenant, since the latter would be the entire lease signing process. Each option includes an in depth inspection along with advice on each property, PLUS official lease assignment contract signed with current resident, as recommended by law.