How Much Does Block Management Cost?

There is no single price for block management. The cost depends on the size and complexity of the development, the services required and the level of management involved.

What affects block management fees?

• Number of properties and communal areas
• Complexity of the development
• Service charge administration and accounting requirements
• Maintenance and contractor management
• Compliance responsibilities
• Meetings, inspections and reporting

What should a management fee include?

When comparing proposals, ask for a clear schedule of included services. Some agents charge additional fees for particular tasks, so understanding the full pricing structure is important.

How to compare proposals

Ask each agent to explain its core management fee, additional charges, contractor arrangements and any services outside the standard package.

DMS can review the requirements of your development and provide a proposal based on the management services you need.

General information: This article is not legal advice; costs vary between developments and agreements.