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Northeast Ohio Property Management Fees and Pricing

Simple Pricing Structure with No Hidden Fees

At Real Property Management Valor Team, we pride ourselves on simple, transparent, honest pricing. You’ll never find any hidden fees or surprises. The bottom line, we don’t get paid until you do.

Our property management strategy is surely dependable to save you money at separate times of the process. We make it uncomplicated to protect your investment, minimize costs, and maximize your income—without obstructing your daily life so much.

If you have one or more rental properties in Northeast Ohio, you could benefit from our expert residential property management services. For more information, contact us online or call us directly at 440-534-6700.

Full-Service Property Management Fee

This is the fee charged for the day-to-day operations of your rental property. Items typically covered by the property management free include rent collection, maintenance coordination, lease enforcement, and tenant relations. Our full-service property management packages start at 10.9% of the monthly rent.

STANDARD

10.9%of monthly rent

$85 Minimum

  • Neighborly “Done Right” Guarantee
  • Full-Service Property Management
  • Legal Compliance
  • 24/7 Reporting (Online Access)
  • Rent Collection
  • Owner Payments Electronically
  • 24/7 Maintenance Response
  • Monthly Owner Statement
  • Annual 1099 and Financial Report
  • Advanced Management*
  • Rented in 45 Days Guarantee*
  • Renter Replacement 6 Months*

PREMIUM

12.9%of monthly rent

$105 Minimum

  • Neighborly “Done Right” Guarantee
  • Full-Service Property Management
  • Legal Compliance
  • 24/7 Reporting (Online Access)
  • Rent Collection
  • Owner Payments Electronically
  • 24/7 Maintenance Response
  • Monthly Owner Statement
  • Annual 1099 and Financial Report
  • Advanced Management*
  • Rented in 45 Days Guarantee*
  • Renter Replacement 6 Months*
  • Bi-Annual Property Evaluation*
    ($150 Value)
  • Risk-Free Eviction Guarantee*
    ($300 Value)

Tenant Placement or Leasing Fee

This is the fee typically charged for finding tenants, screening potential tenants, and creating the lease. The standard fee for this service in the Northeast Ohio market (collected by property management companies, full-service real estate companies, and independent real estate agents or realtors) is equal to the amount of one full month’s rent.

The tenant placement process begins by completing a detailed analysis of your property which we use to determine the maximum market rental rate for your home. We will then assist with any make-ready maintenance work (if necessary), take professional photographs, advertise your property, take calls and answer tenant inquiries, show your property to interested prospects, qualify applicants, draft the lease, set tenant expectations, and complete move-in documentation.

Hands Holding Leasing Agreement Icons

Lease Only

8.3%of annualized rent

  • Advertising
  • Professional Marketing Photos
  • Weekly Marketing Report
  • Showings
  • Application Processing
  • Lease Processing
  • Funds Collection
  • Funds Distribution
  • Document Distribution

Additional Services

To minimize your risks and give you peace of mind, we also offer the following guarantees.

Neighborly is a community of home service brands that share a commitment to providing you with outstanding service. All our service professionals operate on a simple but powerful principle – if a job’s not done right, we’ll make it right.

We know that caring for your home can be stressful, so we want you to feel reassured knowing that we take great pride in the work we do, and we make sure it’s done to the highest standard. That’s why we’re proud to stand behind our work with the Neighborly Done Right Guarantee. If it’s not done right, we promise to make it right.

Our business is about people. When you put your trust in us, we want you to be happy you did.

*Services performed by independently owned and operated franchises. The time limit for claims applies. 

We’re a dedicated partner in your corner and we understand how important a quick turnaround time is to you and your bottom line. If we don’t rent your property in 45 days or less, you receive 50% off the service. With our marketing plan and world class client management system, we’re confident we can lease your property quickly and get the rent coming in.

We don’t want you to experience the stress of having a tenant walk away—leaving you with an empty property, no rent to pay the mortgage, and the expense of finding a new tenant. So if we place a tenant with you and that tenant vacates your property in less than six months, we will find you a new qualified tenant for free.

We understand the challenges that come with evicting a tenant. With the Risk Free Eviction Guarantee, you pay a small monthly fee and we pay all the legal fees involved in an unlawful detainer suit. Because so many people participate in our program, the cost of a painful eviction is spread out over many property owners—affordably minimizing the risk for everyone involved.

Guarantee Services Individual Pricing

  • Risk-Free Eviction = $25/month
  • Property Evaluation = $125/visit 
  • Property Evaluation + Photos = $150/visit
  • Premium Advertising = $75/month
  • Renter Replacement = $10/month
  • Advanced Management = $10/month