Why does the leasing fee matter so much?
A placement fee is based on a full month's rent, so frequent turnover can outweigh a small difference in the monthly management percentage.
A monthly percentage is only one part of a management agreement. Leasing fees, renewal charges, and maintenance markups can change what an owner pays over a full tenancy, so this calculator compares the costs over one, three, and five years.
Some repairs and make-ready work are performed by Make Ready Guys LLC, a company in which Blue Atlas's owners hold an ownership interest. It bills at its standard rates, and Blue Atlas adds nothing to any vendor's invoice.
Estimates assume full occupancy and on-time rent; actual costs vary. A new leasing fee is modeled in year one and whenever the selected lease-length interval rolls over. Renewal fees apply in years without a new placement.
A placement fee is based on a full month's rent, so frequent turnover can outweigh a small difference in the monthly management percentage.
A markup increases every covered vendor invoice. The difference grows as a property ages or requires more repairs.
No. Compare the complete fee schedule over several years, including leasing, renewals, maintenance, inspections, and other recurring charges.
Book a short appointment with Blue Atlas and we’ll walk through pricing, expected rent, and whether we’re the right fit.