What does property management cost for a Sarasota rental owner?

Rentwise Florida charges a flat 7% of collected rent ($125/mo minimum), one month's rent at tenant placement, $500 per lease renewal, and 10% disclosed maintenance coordination. Setup, vacancy, advertising, and technology fees are all $0 — typically below the Sarasota market average of 8–12%.

Is property management worth the cost for owners?

For most Sarasota owners, yes. Professional management reduces vacancy, screens tenants thoroughly, ensures Chapter 83 and Fair Housing compliance, and saves 5–10 hours of work per month — usually paying for itself within the first tenancy through faster placement and fewer costly mistakes.

Are there any hidden fees for owners?

No. Rentwise publishes the complete fee schedule before any owner agreement is signed, and charges $0 for setup, vacancy, advertising, and technology. As a BBB Accredited Business and NARPM member, every cost is disclosed in writing upfront.

Is there a long-term contract?

No. Rentwise operates month-to-month with no long-term contract and no termination fee. Owners can end the relationship with 30 days written notice.

Owner Pricing

Sarasota Property Management Pricing for Owners

Flat 7% pricing, transparent costs, and full broker accountability for Sarasota rental owners.

Reviewed by Hayley Dunford, Licensed Florida Broker · License BK3292167

Quick Answer

Rentwise Florida charges Sarasota owners a flat 7% of collected rent ($125/mo minimum), one month's rent at placement, $500 per renewal, and 10% disclosed maintenance coordination — with $0 setup, vacancy, advertising, and technology fees. As a BBB Accredited Business and NARPM member, every cost is disclosed in writing before you sign.

CredentialsBBB Accredited BusinessNARPM® MemberFL Broker BK3292167

Choosing a property manager in Sarasota should never feel like decoding a contract. This page lays out Rentwise Florida's property management costs exactly as a rental owner experiences them — what you pay, what is included, and what stays your responsibility — so you can compare providers with confidence.

Owner Pricing at a Glance

Service	Your Cost	What It Covers
Monthly management	7% of collected rent	$125/mo minimum; $0 while vacant
Tenant placement	1 month's rent	Marketing, screening, lease, deposit handling
Lease renewal	$500 flat	Market analysis + new lease execution
Maintenance coordination	10% of invoice	Vendor cost at actual; no hidden markup
Setup / vacancy / tech	$0	No activation, vacancy, or portal fees

What's Included in the 7% Fee

Online rent collection and delinquency follow-up via Rentvine
24/7 owner portal with real-time financial reporting and year-end 1099s
Maintenance coordination with a vetted, licensed vendor network
Lease enforcement and tenant communication
Chapter 83 landlord-tenant and Fair Housing compliance
HOA, condo board, and CDD coordination

What Owners Pay Separately

These are normal ownership costs no manager folds into a fee — they belong in your operating budget. For help planning them, see our guide to budgeting Sarasota management costs.

Property maintenance costs and capital improvements (owner-approved)
Homeowner association fees, CDD dues, and special assessments
Property taxes and property/flood insurance
Eviction legal fees and court costs

How Rentwise Compares to the Sarasota Market

Fee	Typical Sarasota Manager	Rentwise Florida
Monthly mgmt fee	8–12% of rent	7% flat
Setup fee	$200–$500	$0
Vacancy fee	$50–$100/mo	$0
Technology / portal	$5–$25/mo	$0
Contract	12-month term	Month-to-month

Why Owners Trust Rentwise

Rentwise Florida is a BBB Accredited Business and a member of the National Association of Residential Property Managers (NARPM®), led by Hayley Dunford, a licensed Florida real estate broker (BK3292167) with 15+ years of local experience. You get direct broker accountability, national professional standards, and transparent pricing on every property.

Get a Custom Owner Proposal

Tell us your property address and we'll return projected gross rent, exact fees, and net cash flow within two business days.

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Looking for more detail? Compare our full Sarasota pricing breakdown, the Sarasota fees guide, or our transparent no-hidden-fees management page.