How are management fees calculated?
ForProperty managersProperty owners
Who can do this
Organization admins set them; owners see them on statements.
Where to find it
Property → Contract Details (chapter 03); defaults in Settings → Accounting → Management fee defaults (chapter 09).
Steps
- Each owner contract sets the fee: Percent of collected rent, Flat monthly or Hybrid · flat + percent, an optional Minimum monthly fee, a Reserve minimum, and optional event fees (leasing, renewal, vacancy and others).
- When rent is recorded or paid online, Kera takes the fee automatically and posts it as your revenue, with GST/HST when you're registered.
- The rest is owed to the owner and shows on their payable page and statement.
Limits
Fees are taken when rent is collected, not when it's charged.
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