Leasing Fee: Charged whenever we have to find a tenant, it is one month’s rent for a one-year lease; for leases in excess of one year add 25% of one month’s rent for each additional year or portion thereof.
NOTE: We must pay a sizable portion of this fee to the agent who shows your property and brings us a rental applicant that you accept. If you have the ability to show the home to prospective renters from within your circle of friends and colleagues, we encourage you to do so. Simply refer any interested parties to WJD and we will process them in the same manner as if a leasing agent brought them to us. Your account will only be charged a $475 administrative fee for this service.
Lease Extension Fee: Charged whenever a lease is extended beyond its initial term, it is 25% of one month’s rent prorated to the exact term of the extension. If a lease is extended on a month-to-month basis there is a one-time $350 administrative fee for this service.
Management Fee: Charged whenever a tenancy is in effect, it is 8% of the monthly rental amount for houses and townhomes and 9% for condominiums. There is a $135 minimum monthly fee for houses and townhomes, a $150 minimum monthly fee for condominiums, and a $200 minimum monthly fee if there is a Home Warranty in effect regardless of the type of property. We do not have maintenance surcharges, account set-up costs or any other hidden fees and no management fee is charged when your property is vacant. We do offer a discount for multiple properties.
Advertising Costs: The costs of listing your property in the Metropolitan Regional Information System (MLS), uploading the listing to the WJD website, Mrishomes.com, Realtor.com, ListHub.net, which exports listings to over 900 real estate search websites, the cost of real estate sign post installations (where permitted) and the cost of virtual tours when possible are all included in your leasing fee.
If you’re ready to rent your home, jump right in and take advantage of our exclusive Rental Market Analysis. We’ll email you a free custom assessment of the rental value of your Northern Virginia home from WJD’s Principal Broker, David Norod.