When you select Farnam & Associates, we will start by doing the following for you:

  • Send letter to all renters, contractors and vendors announcing the selection of Farnam & Associates for management services, and requesting updated certificates of insurance.
  • Establish emergency and after-hours notification procedures with staff to ensure immediate responsive action.
  • Review and establish property equipment, tool inventories and preventative maintenance programs. Hire, train and establish on-site management team.
  • Identify contracts with potential cost-saving and competitively bid them.
  • Review existing energy consumption and establish new or updated goals for energy saving through management and conservation programs.

 Pricing and Costs

 Services

Single Family

Apartments

Commercial

Units

Homes

2U to 200U

1,000 SF Min.

Management

8% of the gross

monthly income

$100/month max

Minimum 6% of the

gross monthly income

Minimum 6% of the

gross monthly income

Leasing

½ of the first month’s rent

1/3 of the first month’s rent

6% of Gross Lease To stimulate the brokerage community

Emergency Repairs Account

$250

$250

$250