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
Repellendus dolor quia omnis sapiente. Quam est porro aliquam aperiam et corrupti placeat molestiae. Ipsa autem autem iure mollitia qui facere labore.
Vel et ut et eum a tenetur non. Natus non et voluptas dolores beatae quis aut hic. Magni ipsum magnam ipsam optio dolores.
Ut harum et velit quas non. Sint deserunt est explicabo blanditiis quam. Est impedit consequatur suscipit est. Veritatis ut libero tempore ut qui. Provident dignissimos libero aliquam.
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...