Flat Fees vs. Percentage Fees: Why GOPM’s Flat Rate Can Save You Money
Property management companies have different pricing models, and if you’re thinking of bringing one on board, this is an important factor to consider. Property management fees directly impact your returns, and choosing the right pricing model could mean saving thousands annually. So, the real question is whether a percentage-based fee or a straightforward flat fee…
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Property management companies have different pricing models, and if you’re thinking of bringing one on board, this is an important factor to consider. Property management fees directly impact your returns, and choosing the right pricing model could mean saving thousands annually.
So, the real question is whether a percentage-based fee or a straightforward flat fee is better. Let’s break it down—and see why Green Ocean Property Management (GOPM) stands out with its simple, affordable flat fee of $149/month.
Table of Contents
How Do Fees Usually Work?
Most property managers in Boston charge 8–12% of your monthly rent. For example:
- If your unit rents for 2,750/month (Boston’s average 1−bedroom rent), you pay 220–$330/month in fees.
- For a 3,800/month2−bedroom (like in Beacon Hill), fees jump to 304–$456/month.
With percentage fees, the more your property earns, the more you pay—even if the manager does the same work.
The Problem With Percentage Fees
- Costs Add Up Fast: A 10% fee on a 3,000/month unit costs 3,600/year.
- No Reward for Higher Rent: If rent increases, your fee climbs too—even though the manager’s effort stays the same.
- Additional Fees: Many companies charge separately for repairs, inspections, or lease renewals.
Why Flat Fees Are The Better Choice
Green Ocean Property Management charges $149/month, no matter your rent price.
Here’s how it compares:
Rent Price | GOPM Flat Fee | 10% Fee | Savings with GOPM |
$2,750 | $149 | $275 | $126/month |
$3,800 | $149 | $380 | $231/month |
You save up to $2,772/year with GOPM’s flat rate. That’s money you could use for repairs, upgrades, or vacations!
What Makes GOPM Different?
- No Surprises: GOPM’s $149 covers rent collection, maintenance coordination, inspections, and 24/7 support.
- 40+ Years of Experience: They’ve managed Boston properties since 1978 and offer guarantees like rental income protection and pet damage coverage.
- Fair Pricing: Other companies charge up to $300/month for similar services.
Flat Fees = Better for Boston Landlords
Boston’s rents are rising (some 2-bedrooms hit $5,166/month downtown!)10. With percentage fees, higher rents mean higher costs. But GOPM’s flat fee stays the same—so you keep more profit.
Choose Green Ocean Property Management
Green Ocean Property Management offers transparent, value-driven flat fee management services that put property owners first. Our experienced team handles everything from tenant screening to maintenance coordination, all for as little as $125 monthly (see our pricing page for more details).
Want to optimize property management costs? Contact Green Ocean Property Management today:
- Phone: (617) 487-4868
- Email: hello@greenoceanpm.com
- Website: www.greenoceanpm.com
Schedule a free consultation to discover how our flat fee management can maximize your property returns while keeping costs at a minimum.
Don’t let percentage fees eat your rental income. GOPM’s $149/month flat fee is simple, fair, and designed to save you money. With decades of local experience and no hidden charges, we make property management stress-free.
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