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Cost Comparison

 

Co-Management vs. Property Management Fee Breakdown

 

Although both services revolve around managing rental properties, co-management has unique benefits to help landlords have more control of their management.  Enter information into our calculator to see the property management fee breakdown

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Co-Management vs Property Management

Burbz Co-Management

property management fee breakdown incentive based

Incentive-Based

Co-Managers earn income several ways.  To maximize their earnings, they must be successful in helping you profit more.

property management fee breakdown for on-time rent

On-Time Rent Bonus

Co-Managers never earn Late Fees.  Instead, they earn a bonus when their tenants pay on time!  Incentive to find good tenants who pay on time.

property management fee breakdown for leasing

Vacancy Bonus

Co-Managers propose a ‘vacancy budget’.  They earn the remaining budget after leasing.  Incentive is to be proactive and sign long-term leases to minimize vacancy.

property management fee breakdown

Amortized Bonuses

Co-Managers earn their ‘vacancy bonus’ throughout the year.  Each month the tenant pays rent, they earn 1/12th of their bonus.

Property  Management

Property Management fees are not in favor by landlords

Fixed and Unfair

Traditional property management incentives are counterintuitive.  They earn more when your risk is increased.

Property management keeps all late fees

Late Fees

Traditional Property Managers earn late fees when the tenant placed pays late.  Where’s the incentive to screen for a better tenant?

Property management has no recourse if your property sits vacant.

Leasing Fee

Traditional property management has no recourse for vacancy.  They earn their entire fee regardless.   Where’s the incentive to minimize vacancy?

Property management fees are paid upfront every month before an management has occurred.

Paid Upfront

Traditional property management requires their leasing bonus be paid upfront.  That’s 50% of their annual income received on Day 1!

Prefer to self-manage everything?

Burbz offers landlords a free management software

Collect rent online and directly to your bank

Online Rent Collection

Online rent collection has never been this simple! Tenants pay direct to your bank account.  They do not see your personal information. Learn more

Pull Background Reports and Credit Checks on potential tenants

Background Screening

Select the perfect tenants for your unit. Review and screen applicants in an easy to use format.  Find the best candidate. Learn more

Stay on top of maintenance or coordinate with vendors easier

Maintenance Ticketing

Stay organized with the maintenance of your rental. Landlords, managers, tenants, and contractors can all communicate. Track open items. Build your team and delegate tasks by trade. Learn more.

Free landlord software, no monthly contracts or fees

Free?  Yes.

FREE!

Burbz provides the essential tools that any landlord or manager will need. Free!  This is our commitment to the value of helping landlords. Revenue is generated through non-essential tools.  Learn More.

Ready To Start?

A la carte property management

Looking to hire a property manager?

Consider co-management.

Burbz platform is the only solution to bring landlords and managers together.  Landlords have complete transparency of their rental management.

•  Request proposals, see their rates

•  Interview candidates

•  You define the scope of service

•  More affordable, best customer service

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