What terms can you negotiate?
Your Property. Your Terms.
Burbz is unique in that landlords have total control of their rental management. Landlords are encouraged to interview co-managers and negotiate terms. Through Burbz platform, landlords enter agreement terms that will automatically handle payment distributions to all parties.
Burbz Encourages Healthy Negotiations
- Determine what you want to hire out vs. self-perform
- Determine what fits your budget
- Encouraged to communicate off-Burbz
- Interview and understand their management
Co-Management Agreement
Terms are negotiated between Landlord and Co-Manager. Both parties may agree to alter terms during management. Month-to-month agreement terms.
Negotiable Terms
Management
Monthly coordination
Responsibility for coordinating rent collection, maintenance and other tenant issues.
On-Time Rent
Determine Percentage
Bonus typically ranges 0 to 5% of rent. Expect higher percentages in lower income settings.
Vacancy / Leasing
Set Budget
Landlords and Co-Managers agree on a ‘vacancy start date’ and duration. Start date flexible if renovations are planned.
Non-Negotiable Terms
Late Fees
Always to the landlord.
Either party can set late fee amounts and penalty dates.
Termination
Month-to-Month
Landlords must provide 30-day notice, along with a final month of earnings.
Bonus Payouts
Always amortized.
Co-Managers continue to earn their leasing bonus until original lease expires.
Prefer to self-manage everything?
Burbz offers landlords a free management software
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
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
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? 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.
