MMI Fee Schedule
LEASING
- One Month’s Rent – Payable Upon Move-in. Includes advertising
- No Administrative Fees
PROPERTY MANAGEMENT
- 10% of Rents Collected (minimum fee: $79.95 per month)
- Discounts for multiple units are available on a case-by-case basis and depend upon the number of units, proximity to our offices and condition of properties
SALES AND BUYER BROKER PURCHASES
- Sale of Your Property – 6% of Purchase Price
- Buyer Broker Your Purchase – 3% of Purchase Price
- $295 Administrative Fee
LEASE / PURCHASE PROGRAM
- We start with the concept that we’ve entered into both a lease and a contract. So, we charge a Leasing Fee of One Month’s Rent at the onset. Then, if settlement occurs in less than a year, we prorate a refund of that Leasing Fee toward the Sales Brokerage Fee.
- During the lease-purchase period, we collect the rent and any additional deposits. The management fee is charged only on the portion applied to rent.
- If and when settlement takes place, our Sales Brokerage Fee of 6% of the sales price is charged, plus a $295 admin fee.
COOPERATIVE MARKETING
- We’ll give our full effort to finding you a tenant. But, just as we would share our fee with any broker who brought us a qualified applicant, we will share that fee with you. If you find the tenant–you showing the property and bring the application, MMI will screen the applicants and prepare leases. Applicants pay a $50 application fee; you pay half-price for leasing services.
- If you come to us with an applicant, (MMI makes no effort to find a tenant), we’ll process the application, prepare the lease and administer all the move-in procedures (licensing, lead paint testing & registration, lease signing and move-in) all for only $250.00. This service is available only with a one-year management agreement.











