Questions about evaluating or replacing a property manager.

Yes. The cost calculator and educational information are intended for rental-property owners throughout the United States. Laws, contract terms, deposit rules, notice requirements, and management practices can vary by state, so the site provides general educational information rather than state-specific legal advice. Icon Realty’s direct management services are limited to its South Florida service area.

The calculator uses the fees and assumptions you enter to estimate the annual ongoing cost of your current management arrangement and the effective fee load as a percentage of scheduled annual rent. It can include management fees, tenant placement, renewals, maintenance markups, inspection charges, vacancy or minimum fees, technology or administrative charges, and other recurring or one-time costs.

The calculator can be used without providing your name, email address, phone number, or property address. The numbers you enter are calculated in your browser and are not submitted to Icon Realty unless you separately choose to request a management review.

No. The calculator can identify fee categories that Icon Realty does not charge, but Icon Realty’s overall management percentage is property-specific and tenant placement is generally one month’s rent. If the property is within Icon Realty’s South Florida service area, a management review is needed for an actual Icon Realty quote.

Often, yes. An existing tenant does not necessarily prevent an owner from changing property managers. The current management agreement usually determines how and when management can be terminated, while the tenant’s lease generally continues according to its terms. The transition should clearly address rent-payment instructions, maintenance requests, deposits, records, and the effective date of the new management.

Not necessarily. The existence of an active lease does not automatically prevent an owner from changing managers. Review the management agreement, notice terms, tenancy, deposits, association requirements, and open issues before acting.

Review the termination clause, notice requirements, termination or transfer fees, leasing-protection language, owner funds, security deposits, lease records, open maintenance, utility responsibility and service accounts, association matters, keys, access, and any pending accounting or tenant issues.

The answer depends on who currently holds the deposit and the applicable lease, management arrangement, account records, and state law. Deposit information and any funds being held should be specifically addressed in the transition and reconciled before the handoff is treated as complete.

The operating file may include the lease and addenda, ledger, deposit information, notices, tenant contact information, applications where appropriate, inspection records, maintenance history, vendor information, association approvals, keys and access information, owner statements, invoices, and pending items.

The tenant should receive clear information about the effective date, new management contact information, rent-payment instructions, maintenance-request process, and any other operational changes. The communication should avoid creating confusion about the continuing lease obligations.

If the property is within Icon Realty’s South Florida service area, you can provide the relevant management terms, fee structure, and property information when requesting a management review. Icon Realty can evaluate the property-management arrangement from a management and operational perspective and identify cost, service, and transition items that should be addressed. This website provides general information and is not legal advice.

Icon Realty focuses on long-term residential rental property management, including single-family homes, condominium units, townhomes, and multifamily residential properties in Broward County and selected areas of Miami-Dade and Palm Beach counties.