Transparent Property Management for Montgomery-Area Owners AMP Capital City Group Brokerage • Property Management • Leasing • Investor Advisory Property-management pricing should be clear before an owner signs an agreement. At AMP Capital City Group, we believe owners deserve to understand what they will pay, when fees apply and which services are included. Our standard fee structure is designed to be simple, affordable and easy to evaluate. There are no maintenance markups and no percentage-based tenant placement fee. AMP Property Management Fee Summary Service aaaaaaaaaaaaaaaaaaaaaaaaa AMP Fee Monthly property-management fee aaa 10% of rent collected while occupied Tenant placement fee aaaaaaaaaaaa $100 Lease renewal fee aaaaaaaa aa $50 Maintenance markup aaaaaaaaa a None Additional costs may apply for third-party services, legal proceedings, extensive rehabilitation projects, specialized inspections or services outside the scope of the management agreement. Any such charges should be explained in the written agreement or approved by the owner when required. Monthly Management Fee AMP’s standard monthly management fee is: 10% of rent collected while the property is occupied The management fee is calculated from rent actually collected. For example, when a property rents for $1,200 per month and the full rent is collected, the monthly management fee is $120. If the property is vacant and no rent is collected, there is no monthly percentage management fee for that period. This structure helps align our interests with the owner’s: AMP is paid when the property is occupied and rent is being collected. Tenant Placement Fee AMP charges a flat: $100 tenant placement fee This fee is charged when AMP places a new resident in the property. Depending on the property and leasing arrangement, tenant-placement services may include: * Rental-property marketing * Listing syndication * Showing coordination * Application processing * Identity and income verification * Rental-history review * Lawful tenant screening * Lease preparation * Security-deposit coordination * Move-in documentation * Resident onboarding * Housing Choice Voucher paperwork coordination when applicable Third-party application, screening, or platform charges paid directly by applicants or owners may be separate when disclosed. Unlike many percentage-based placement models, AMP does not charge half or all of the first month’s rent simply for placing a tenant. Lease Renewal Fee AMP charges: $50 for a lease renewal The lease-renewal process may include: * Reviewing the current tenancy * Evaluating payment and lease-compliance history * Reviewing current market conditions * Discussing renewal terms with the owner * Preparing the renewal agreement * Obtaining signatures * Updating management records * Coordinating an appropriate rent adjustment when authorized For Housing Choice Voucher tenancies, a requested rent adjustment may also require notice, supporting documentation, and approval by the administering housing authority. Rent increases are never guaranteed and remain subject to the lease, market conditions, program requirements and applicable law. No Maintenance Markups AMP does not add a percentage markup to routine vendor invoices. When a vendor invoices $300, the owner is charged $300. We do not quietly add 10%, 15%, or 20% to the contractor’s invoice as an additional maintenance markup. Owners receive the benefit of transparent vendor billing and can review repair charges through their owner statements or portal. This does not mean every repair will be inexpensive or that vendors work at cost. Contractors establish their own pricing, service-call charges, emergency rates, material costs, and labor fees. It means AMP does not increase the vendor’s invoice simply to create an additional profit center. Separate project-management or oversight fees may apply only when clearly stated in the management agreement or approved for unusually large renovations, insurance projects or work outside ordinary maintenance coordination.
An AMP Capital City Group Investor Guide Montgomery, Alabama Prepared by AMP Capital City Group Brokerage • Property Management • Leasing • Investor Advisory
An AMP Capital City Group Investor Guide Montgomery, Alabama Prepared by AMP Capital City Group Brokerage • Property Management • Leasing • Investor Advisory
