FREQUENTLY ASKED QUESTIONS

OWNER FREQUENTLY ASKED QUESTIONS

At Gordon James Realty, we know finding the right property management firm to entrust with your investments is a critical process that’s bound to provoke questions. We’ve compiled the answers to the ones our prospective clients most often pose to help make your search a bit easier and give you a feel for the comprehensive services we offer. If you have additional questions, please feel free to contact us by e-mail or phone at 202-800-2610.

About Gordon James Realty

Services & Benefits

Fees

Property Maintenance

Tenants

Preparing to lease your property

How Much Are Your Property Management Fees?

Gordon James Realty believes in a simple, straightforward fee structure, so you know exactly what to expect. We do not have hidden fees or startup costs. We provide value to our clients, and we think you’ll find our rates are competitive in the D.C. metro area.

Our two basic property management fees are:

  • Management Fee. Our fee to manage your property is 8.5 percent of the gross monthly rent collected, which covers our comprehensive services, including collecting rents, lease enforcement, handling repair requests, performing inspections and keeping records. We only collect the management fee when rent is collected. You do not pay a fee when your property is vacant.
  • Leasing or placement fee. To place a qualified tenant in your property, we charge 90 percent of one month’s rent on lease terms of 12 months or greater. We do not charge any additional fees for a lease longer than one year.
We hope this covers it, but we may have missed something. If you still have questions, drop us a note: