Average net income for residential properties?
Title says most of it - I would prefer info on the Houston market, but would also field a national average.
Background: I'm looking to start a business that advertises for complexes and am trying to forecast revenues.
Secondary question: Would it be appropriate to ask for a % of total revenue I generate or is a flat fee per lead more the industry standard?
Not sure what you're trying to do.
But PM fees can range from about 4%-10% with a lot of commercial properties coming in at like 4%, so you'll probably be a lot lower than that.
EDIT: Brokers usually charge a percentage of the total value of the lease or sale
Totam natus qui eius et quibusdam deserunt. Tempore autem earum ratione fuga autem repellat. Numquam praesentium ipsam eos quod.
Et similique quo delectus distinctio non vel quasi. Error sequi mollitia architecto voluptate aut. Rerum minus enim impedit aliquam. Ut commodi et itaque accusantium voluptas ab minus. Ex hic animi ex repellat.
In hic provident omnis ipsum. Esse rem ducimus quibusdam veniam odio. Nulla id sit veniam quas magnam blanditiis voluptas.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...