Create topic
  2. Home
  3. Discuss!
  4. Multifamily Insiders Discussions
  5. The Front Lines
  6. Can you please share with me what your 'admin' fee is for new move-ins?
  7. Reply
Discuss!
Multifamily Insiders Discussions
The Front Lines
Can you please share with me what your 'admin' fee is for new move-ins?
Reply

Reply: Can you please share with me what your 'admin' fee is for new move-ins?

Name
Leave blank to post anonymously.
E-mail
Your e-mail address will never be displayed on the site.
Subject
Attachments
's Avatar
Ronny Deann Stephens
Gotta be careful with this question. Get with your local counsel. Here in Texas you have to be able to justify the charge. You can't just put a price on it.
Posted 5 years 2 months ago
's Avatar
Anne Sadovsky
My very successful Dallas client does NOT charge admin fees. Not do they have breed restrictions...portfolio occupancy never below 96%. Low turnover. Rather than be like the airlines, they don't nickel and dime the applicants/residents. Just FYI
Posted 5 years 2 months ago
's Avatar
September Wend Hensel
I am in California...we ask for a hold of 500.00 to secure the apartment and take it off the market. But that same 500 is pushed into the security deposit.
Posted 5 years 2 months ago
's Avatar
Colleen Hyde LeRose
$50 up to $250 depending on the area.
Posted 5 years 2 months ago
's Avatar
Stacy Shaw
$100-$200 varies by property
Posted 5 years 2 months ago
's Avatar
Bianca Carlson
I never understood admin fees.... a prospect would be charged a fee for someone to process their application? Is this a roundabout way to charge an overpriced credit check? You’re hired to run applications and you want to find residents to fill your apartments, so you’re going to charge the resident to pay someone to run their application? Sounds nuts to me.
Posted 5 years 2 months ago
Discuss!
Multifamily Insiders Discussions
The Front Lines
Can you please share with me what your 'admin' fee is for new move-ins?
Reply