6% seems high to me, but we would all need a bit more information to help you with this. First, where is the property located. Fees are sometimes different based on location. For over 200 units in one community, I have seen fees from 2% - 5%, but please don't just look at the management fee. Many times a company will quote you a very low fee (like 2%), but then will have "add-ons" like accounting fees, marketing fees, payroll fees and such. Additionally, some will have additional fees for managing unusual situations like handling a large renovation, or complete re-roofing projects. I would be very happy to chat with you about this and provide a little insight to help you out. my email is This email address is being protected from spambots. You need JavaScript enabled to view it..