Recent content by sharpcq

Can recommend a good sales agent if you're interested.. and no, not me.

Other than fees, any complaints? Anything you think could be done to improve the service?

Interested to hear from investors that have properties in the Central Queensland area. Particularly Rockhampton & Gracemere. I hear regularly from owners that have had their properties vacant for 2-3 months (sometimes longer) and are getting told their is over supply and under demand which I...

So many assumptions that are not even relatively close to correct. Any agent is required by legislation to disclose if they receive a commission or any "kick backs" for recommending specific products. Barclay MIS is actually very useful for landlords and can save you literally hundreds of...

Have you thought about shopping around for other PM's? would be so much easier just to find a good PM.

To some extent I agree (and even considered a flat fee) but by charging the flat fee commission then the Agent is the overall winner and their isn't the same motivation as a PM/Agent with a % commission based structure. If I understand the flat fee scenario... Market goes sour, rent decrease...

Mine comes from the name of my business and CQ because I service Central Queensland. Nothing nearly as entertaining as some others :)

The only fees that I personally think are justifiable are the management fee and Letting Fee

I don't agree. I've found most Investors would rather pay a higher management fee and get rid of additional fees.

You could ask for receipts or tenancy ledger from current/previous Landlord/Property Manager. I don't see the issue but can understand why some people wouldn't be comfortable with this.

Good thinking with regards to a vacant property near/over the xmas period! What location in QLD? (Curious as to the current rental market)

I'm a firm believer that you get what you pay for... From my experience the agents that are charging the ludicrous management fee of 5% then you can expect mediocre service, high staff turnover, an inexperienced Property Manager & poor communication. I think the fees that should be...

Only thing that stands out to me is the lease renewal fee. Ridiculous charge that I don't think should be charged. I'd try and get them to waive this.

Hi PI's. Wondering what the best referral rewards you may have been offered are? I've started a Property Management business from scratch and while I'm doing okay then would love to continue building my rent roll, who wouldn't?

Some agents charge a lease renewal fee but it's a ridiculous charge. If you speak to them I'm sure they will waive it. $125.00 in comparison to what they will lose if you take the management(s) is not worth them biting about.