The smart $109 model: how we streamlined property management

Traditional managers typically charge 50% to 80% of a full month’s rent for tenant placement, and a full 100% if it is a placement-only service, just to write an ad and open a door. We eliminate those massive commissions. For a flat one-time fee of $499, we craft highly optimized, professional listing content for your property — you simply copy and paste it into Zillow or your preferred rental platform. You, or any designated local representative, handle the physical showings. Once a prospect is ready, hand them your custom Palace QR code. Our digital system takes over the rigorous background, credit and eviction screening. We compile the results and send them directly to you. We never move forward without your explicit green light.

Once you approve the applicant, we draft the airtight lease via our secure portal. We prepare all necessary legal addendums to shield your liability, including Lead-Based Paint, Mold, Bed Bug, Crime-Free, Smoke-Free, HOA Rules, Pet & Assistance Animal, Guarantor, Roommate, Septic Tank, Cooling Device, Satellite Dish, Deposit Schedules and Military clauses.

Many companies claim they don’t charge when a unit is empty, but will still hit you with hidden “onboarding fees” or start charging the moment they begin working on your account. Not us. Even if we spend weeks setting up your portal, coordinating details and processing applications, our $109 flat fee does not start until a rent-paying tenant is actively in the property. You only pay when your property generates income.

Built on decades of deep real estate industry expertise, our system is designed to prevent disputes through strict adherence to Washington State regulations. While our leadership brings over 27 years of elite international real estate law experience, we operate here strictly as real estate brokers, not as your licensed Washington State attorneys. We handle the critical administrative coordination — preparing and serving the precise notices that must precede any action, correctly and on time. If a situation ever requires court action, our meticulous document preparation sets the perfect stage for your chosen local counsel.

Traditional managers force you to lock up $300 to $500 in a “maintenance reserve” account, giving them free rein to spend your cash. We require zero reserve funds and we never hold your money. Your tenant’s rent payments bypass our company entirely and are processed directly into your personal bank account. Your money is never pooled with other owners or delayed by internal accounting. When an approved repair is completed, we handle 100% of the vendor coordination and invoice reviews, but you retain ultimate financial control — releasing payment directly to the vendor only when you are completely satisfied with the result.

Many managers secretly add a 10% to 20% “coordination fee” on top of vendor invoices, or push you to use their own expensive in-house contractors. We consider that a massive conflict of interest. We do not have in-house maintenance crews. Instead, we find the best, most highly-rated local professionals in your area who offer the fastest service at the fairest price. At Palace, you pay exactly what the vendor charges — nothing added. More importantly, we never authorize a repair — not even a $50 fix — without your explicit, prior consent. For larger jobs, we source up to three competitive quotes to ensure you get the absolute best deal.

Your information is strictly used to manage your property and protect your asset. We do not sell data, share it with third-party lists, or use automated spam campaigns. When you contact us, a real human professional responds directly.