Monthly fee minimum required for management companies with less than 500 assets. Brokerage Management fee % of Effective Gross rental Income for existing Management company seeking Broker of Record, Broker in Charge or Qualifying Broker. May serve as Qualifying Broker, Broker of Record or Broker in Charge as mandated by state regulatory requirements.Affiliation Agreement for Licensees provided.However, states which require on-site staff to be licensed & directed under a licensed brokerage firm, must direct staff to get licensed. Sponsors the licenses of each onsite staff employee & responsible for the actions of the licensees.Maintain annual continuing education & annual renewals for the licensed FIRM in various states & validate ongoing license law compliance changes/updates with local & state codes & regulations.Monitors and reviews all license law regulatory releases provided by state and federal regulatory agencies and interpret the information to create Policies & Procedures.Assist with and respond to third party audits and inspections from regulatory agencies including the real estate commission in various licensed states.Advise & Consult licensed brokerages on Policies, Procedures and Standards of Practice administratively & ethically directed through the license law for the acquisition, leasing & management of properties.Directs practices to ensure that licensed brokerage is in compliance with federal, state, and local regulatory requirements in various states GA, NC, TN & SC.Supervision of third party vendors & contractorsĭiamond Realty Brokers has CONSULTED & MANAGED over 4100 Real Property Assets totaling nearly $300 Million from Multi Family, Senior Housing, LIHTC Properties, Single Family Corporate Portfolios, REITS & Commercial Real Estate.CMA’s with details comparable properties.% Brokerage Management fee of the Effective Gross rental Income for existing Management company seeking Asset Manager or Broker of Record.Renewal fee (when tenant remains longer than 12 months): 50% of one month’s rent.Owner Financial Reports, Invoices & Receipts provided.Rental Applications are screened & taken online MANAGEMENT.Virtual Tour provided for staged properties.Properties are advertised on popular affiliates through.Tenant Procurement Fee: One month’s rent.A la Carte extras – Move In/Move Out Inspection, Rental History, Income & Employment verification.Negotiating lease terms, Lease contract provided & prepared.If a company reports fewer employees than this amount on their PPP application, it is likely because they had more employees on payroll during the qualifying period.TENANT PROCUREMENT for Multifamily Assets, Apartments & Commercial Since the PPP eligibility will include a maximum of $100k in salary expenses for each employee in the qualifying period, the minimum number of employees required to be eligible for a given PPP loan amount can be calculated by the following equation: ((LOAN AMOUNT/2.5 months) * 12 months) / 100k max salary. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.ģ. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.Ģ. Calculation methods vary based on entity type. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Estimations for informational purposes only. SES - Senior Executive Service Pay Calculatorġ.FWS - Federal Wage System Pay Calculator.
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