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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...

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...