ModernPM
Pricing

What it costs, before you ask.

Our fee schedule is stated on page one of the agreement you sign, and it's stated here. If a number on this page and a number in your agreement ever disagree, the agreement's fee table is what controls.

Leasing only

100%
of one month's rent · one-time
  • Rental market analysis
  • Photos, listing and syndication
  • Showings and applicant handling
  • Full screening to our written standard
  • Washington-compliant lease prepared and signed
  • Move-in condition report
  • You manage it from there
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Most owners

Full management

8%
of collected rent · monthly
  • Everything in leasing
  • Rent collection and ACH disbursement
  • Itemized monthly and annual statements
  • Maintenance coordination to your threshold
  • Periodic photo-documented inspections
  • Notice calendar and compliance tracking
  • Lease renewals and rent reviews
  • Eviction coordination if it comes to that
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Portfolio

6%
4+ units · monthly
  • Everything in full management
  • Consolidated portfolio reporting
  • Annual budget and reserve planning
  • Capital project coordination
  • Direct line to the designated broker
Talk to us
Everything else

The fees people usually find out about later.

Listed here so you don't.

ItemWhat it coversCost
Setup / onboardingFile build, records transfer, tenant handoff, portal setup$99
Lease renewalRenewal prepared, terms reviewed, rent reset to market25% of one month's rent
Inspections beyond scheduleAdditional interior inspections you requestNo charge
Project managementRenovations and turnovers above a set dollar scope20% of cost
Eviction coordinationFilings, coordination with counsel, court attendance$800
Rent protection premiumOptional third-party policy — paid by you to the carrierCarrier sets

We don't mark up maintenance invoices, and we don't take a cut of the tenant's application fee beyond the cost of running the screening.

Fit

When we're not the right call.

Saying this up front saves us both a meeting.

Budget

If the property can't fund its own repairs

Deferred maintenance becomes a habitability problem, and habitability problems become legal problems that land on you. If there's no reserve for repairs, we're not the right manager — and honestly, no manager is.

Expectations

If the target rent isn't real

We price off comparables. If your number is well above what the market supports and it isn't negotiable, we'll tell you rather than take the listing and let it sit.

Screening

If you want us to screen outside the law

Our criteria are written, disclosed and applied identically to every applicant. What we're permitted to consider is set by state and city law. We don't make exceptions in either direction.

Want it confirmed for your property?

The rates above are our standard published pricing for typical single-family and small multifamily rentals. Larger portfolios and unusual situations get a property-specific quote — and either way, the fee table in your signed agreement is what controls. Ask in the chat and we'll confirm your exact number.

Fees shown are current as of publication and may vary by property type, unit count, condition and location. Quoted figures are estimates until stated in an executed management agreement; the fee table in that agreement controls. Optional rent protection premiums are set and collected by a third-party insurance carrier, not by Modern Property Management.