Mendell Gosnell, CPMPrincipal Broker, Centurion Real Estate Services · Helping Real Estate Investors Build Generational Wealth Through Smart Property Management | Branch Offices in Salem, Corvallis, Eugene and Redmond.

Insights on Professional Management from Investors | Part 7 #propertymanagement #realestate

5 Jun 2025 · 2 min

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1:31

In this brief video segment, the presenter highlights a key industry insight: property management fees often hover around 31% of rental income. He argues that while fees should be reasonable, setting them too low can undermine service quality because professional management requires significant resources to attract, retain, and incentivize competent staff. The speaker emphasizes that property owners’ biggest asset—real estate—deserves high‑quality management, and that a fee level comparable to a third of what a stockbroker earns is typical. He invites viewers to comment with their thoughts and encourages anyone interested in professional management to contact Centurion for services.

Chapters

Another video about some industry insights. So there's a small list here. I would like to go through them really quick. Um, second to last is fees with 31%. So, uh, we want fees to be reasonable. Um, I will say though, you know, you can have your fees too low, and that might be shocking to hear, but the reality is, is it takes quite a bit of resources to effectively manage, uh, in, in a professional manner with good quality You have to pay a decent amount to attract good staff, to keep good staff, to incentivize them on behalf of, you know, the clients managing their property. You want good quality individuals managing what is usually your biggest and best asset. And so fees are important to keep an eye on those, though I think more likely than not you could be not paying enough because you want to have good quality, but getting generally a third of the fees that a stock, for instance, stockbroker, stock manager might be getting. If there's different things that come to your mind, we'd love to hear. Drop a comment down below, and if you're interested in having Centurion manage your property, give us a call today. We'd love to talk with you. Thanks.