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It boils down to what you want. Your going to be 1500+ miles away from your condo, even the most basic tenant requests may be difficult to manage. Find a solid broker that has an in-house property management department and they will as Matt stated charge a nominal fee for the listing, down here we usually see .40-50% of the first months rent. Should you decide to hire your broker to manage the property, fees vary but our office only charges 10% of the monthly lease amount. So 40-50% to list, 10% of the monthly rent thereafter is a great deal. Marketing will be handled by your broker... consumers shop for everything online so who you choose to handle/market/advertise the sale for you (should you list) is of extreme importance because every brokers services vary by leaps and bounds. Another benefit if hiring a management company is renewing your lease, getting your property ready should a tenant give notice and getting another qualified prospect in the condo. Background checks, work history, rental history etc...If your a do it yourselfer good luck some people have managed their own properties with minimal issues. [Self promotion deleted by Zillow moderator. Please see our Good Neighbor Policy for more information.]
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