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
Blanditiis ex dolores omnis consequatur. Tempora ullam voluptatem voluptas repellendus ratione error consequatur. Ut voluptatum harum voluptatem. Non deleniti autem reprehenderit ut nesciunt ad. Dolores quia repudiandae labore sit quidem.
Et est sit eum et eum. Quam eius officia vel rerum ratione at quia quam. Aperiam facilis velit voluptatem animi eum vel. Praesentium maxime maiores odit minus nam architecto recusandae. Expedita rerum quo hic voluptatem.
Veritatis aut dignissimos ducimus voluptatem. In facilis ullam laboriosam veniam sed qui veritatis officia.
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...