Page 28 - Tradd Management Proposal

Management Proposal for 8733-8745 Hwy 17 Bypass Property

Management Agreement Cost Proposal

M a n a g e m e n t A g r e e m e n t C o s t P r o p o s a l S u m m a r y

There are three components to the Tradd Management Cost Proposal: the Set-Up Fee often referred to
as a Transitional Fee, a Management Service Fee and Other Services.

S et-Up Fee

The Set Up Fee is an initial onetime cost. A large amount of time is allocated to the collection of
information; data entry of owner, property and tenant data, financial data, property inspections,
contractor meetings, and property owner meetings.

The onetime Set-Up Fee is N/A.

Management Service Fee

The Management Service Fee is a monthly cost charged to the property owner for services rendered as
outlined in the Management Agreement.

The Management Service Fee is a monthly fee of 1.5% of gross receipts and/or $2,000.00 per month,
the greater thereof.

Other Services

Project Management fees will be invoiced as additional services with the prior written approval of the
owner.

The Project Management Fee will vary depending on the assignment and will be calculated either as a
set fee, percentage, or per hour. Project management is defined as any new construction or substantial
repairs and capital improvements.

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Myrtle Beach, SC | Greenville, SC | Charlotte, NC
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