---
title: "What Is Management fee? Landlord and Renter Glossary"
description: "A management fee is the monthly charge a property manager takes, usually a percentage of the rent collected, for running a rental home day to day."
url: https://realpmgold.multisites.ai/glossary/management-fee
publisher: Real Property Management Gold
phone: +1-301-392-2172
assessment: https://realpmgold.multisites.ai/contact-us#assessment
---

Fees

# Management fee

A management fee is the monthly charge a property manager takes, usually a percentage of the rent collected, for running a rental home day to day.

A management fee pays for the daily work of running your rental. That work includes collecting rent, coordinating repairs, keeping books and answering tenant calls. Most managers charge a percentage of the monthly rent they collect, so the fee rises and falls with the rent.

Real Property Management Gold offers three plans: Silver at 8.9%, Gold at 10.9% and Platinum at 12.9% of monthly rent. Gold and Platinum include the 29-day promise: "If we don't rent your property in 29 days or less, you do not pay a management fee for the first month." The [leasing fee](https://realpmgold.multisites.ai/glossary/leasing-fee) for finding a tenant is a separate, one-time charge.

When you compare managers, ask what the percentage covers and what costs extra. A low monthly fee can hide add-on charges. See the [full fee list](https://realpmgold.multisites.ai/property-management-fees) before you decide.

[Read nextProperty management fees and pricing in Southern Maryland](https://realpmgold.multisites.ai/property-management-fees)

## Related terms

-   [Leasing fee](https://realpmgold.multisites.ai/glossary/leasing-fee)
-   [Owner draw](https://realpmgold.multisites.ai/glossary/owner-draw)
-   [Maintenance reserve](https://realpmgold.multisites.ai/glossary/maintenance-reserve)

## Sources

1.  [Real Property Management Gold: Pricing & Fees](https://www.realpmgold.com/property-management-fees)
2.  [Real Property Management Gold: Pricing & Fees](https://www.realpmgold.com/property-management-fees)

## Ask what your home could rent for. Free.

A free rental assessment from our offices in Lexington Park and Waldorf. No cost, no contract, no pressure.

[Request a free assessment](https://realpmgold.multisites.ai/contact-us#assessment)[(301) 392-2172](tel:+13013922172)