Originally posted by duncan_m
When I had an Agent managing a property it was free.. I'm so sick of this increasing trend amongst agents to introduce Charges for additional work.. It's like the government... we have Income Tax then there's a levy for this, a levy for that etc.. Perhaps the Agents on the forum could detail their own Fee structure for the interest of the forumites..
OK Duncan
I will stick my neck out as no one else has responded.
Our fees are clearly stated on the brochure we give all landlords. Our fee structure is also part of our Authority to Manage so that the situation that happened to Manny does not arise.
We do not want disgruntled landlords.
Our fees for Tribunal appearances are as follows:-
Application fee - $30
Appearance charge (our time) - $75
Sometimes your need :-
Registred post( for notices) - $2.80
A warrant of possession - $60
We have no control of the fees other than that for our time and this is done on the basis that an average tribunal appearance takes about 3 hours of a property manager's time.
The appearance itself may only take 10 minutes if the tenant does not turn up, but we need to send a senior property manager (would you trust your claim to a junior?) and they cost us about $25 per hour.
Property manaement is a service business and if you have a good PM you get what you pay for so i do not understand your comment that you are "sick of charges for additional work."
I understand why so many landlords are frustrated because you don't often get what you pay for..... Michael & I had so many problems when other agents looked after our properties. That is one of the reasons we set up Metropole Property Management.
We lost a few cases at the tribunal that I did not think we should have becuase they were handled by inexperienced PM's.
In one case we had a tenant who brought a dog into one of our brand new luxury townhouses, despite a clause in this lease that he signed and initialled saying no pets allowed.
We tried to get rid of the tenant becuase he was creating problems with the other tenants. Our PM used the dog as an excuse but lost.
Then when the tenant left and the new cedar venetians had been rain damaged because he left the windows open, we had trouble getting money back from his bond through the tribunal.
My point is you need experienced representation at the tribunal, and to quibble about the investment of $75 or so to protect your asset seems petty