Monday July 21, 2025
Understanding property management fees in Georgia
Most property management companies in Georgia use one of three fee structures: a percentage of collected assessments, a flat monthly fee, or a hybrid model:
- Percentage-based fees: Some property management companies charge a percentage of the assessments they collect, often between 8% and 12%.
- Flat fees: Some property management companies offer a fixed monthly fee for their services. This is more common with condominiums, HOAs, or larger associations where the workload is steady from month to month. In Georgia, this often translates to $15 to $30 per unit.
- Hybrid models: Some property management companies combine a base flat fee with a percentage of collected assessments or other variable charges. This structure may provide a balance between predictability and scalability.
This article is not intended to and does not constitute legal advice or create an attorney-client relationship. Board members should consult their association’s attorney to discuss the legal implications of their decisions or actions prior to proceeding.
What do fees include?
The average property management fees in Georgia typically cover the day-to-day operations of your property. For community associations like HOAs and condos, property management fees often include:- Supporting board meetings and governance
- Preparing association budgets and guiding reserve studies
- Collecting dues and managing delinquencies
- Coordinating maintenance for common areas
- Managing staff and onsite vendors
- Communicating with residents
How are fees calculated?
Average property management fees in Georgia are typically based on the property’s location, size, and complexity. Factors that influence pricing include the number of units or properties under management, the type of property, the level of service included in the base fee, and local market rates for property management services. For example, a large Atlanta condominium association might pay a monthly flat fee based on the number of units and complexity of operations.The value of professional community management
Hiring a professional management company for community associations in Georgia can offer several significant benefits:-
Local expertise
From navigating legal requirements and budgets to maintaining buildings and resolving resident concerns, a professional management team brings real-world experience to help your community operate efficiently.
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Saving time for your board
Managing a community association requires a significant investment of time and resources. By outsourcing management responsibilities to a professional company, board members and homeowners can save time and focus on other priorities. Management companies handle day-to-day tasks, administrative duties, and emergency situations, relieving the burden on volunteers and residents.
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Financial management
A strong partner provides the financial management insights your board needs to make informed decisions. They help create a realistic budget, monitor your association’s financial health, and guide your reserve planning, all while supporting compliance with accounting standards and local requirements.
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Preserving your property
Well-maintained properties protect property values and quality of life. Professional managers can oversee maintenance and repairs, coordinate vendor work, and keep common areas looking their best, whether that means scheduling landscaping or overseeing major capital projects.
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Compliance and risk management
From reserve funding laws to safety inspections, local regulations are always evolving. A professional management company monitors these changes and helps your board address them proactively, minimizing risk and helping you avoid costly missteps.
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Communication and resident relations
Great communities are built on strong communication. Management companies help boards communicate clearly with residents through newsletters, meetings, portals, and more. Learn more about FirstService Residential’s 24/7 Customer Care team.
What to look for in a property management proposal
A well-written property management proposal should give you a clear picture of the services offered and the costs involved. Look for a detailed list of what’s included in the base fee and what might be billed as additional services. The best proposals explain how fees are structured, whether as a percentage of assessments, a flat fee, or a combination, and outline how the company handles leasing, maintenance, financial reporting, and compliance.You’ll also want to see information about the company’s team structure, response times, and use of property management software to support your community. Be cautious of proposals that focus only on price without explaining how they’ll help your property operate efficiently or meet regulatory requirements. Ultimately, the proposal should give your board confidence that the property manager understands your goals and can deliver on them.
How often should you review your management fees?
The average property management fees in Georgia can change over time as market conditions, service levels, or your property’s needs evolve. Boards should review their management contracts annually to assess whether the fees still reflect the services provided. This is also a good time to compare your fees to local market averages and explore ways to add or adjust services for better value.How FirstService Residential can support your Georgia community
Choosing the right property management company is about more than just comparing fees. It's about finding a partner who understands your community’s goals and has the local knowledge and resources to help you reach them. At FirstService Residential, we bring decades of experience supporting Georgia HOAs, condominiums, and high-rises with tailored services that help boards save time, improve operations, and protect property values. We’ll work with your board to build a clear, transparent management agreement that outlines exactly what you’re paying for and what results you can expect. Whether you need full-service management, accounting support, or help navigating Georgia’s evolving compliance landscape, our team is here to help.Contact FirstService Residential today to learn how we can support your community.