My brother has a unit in Chelsea Heights and is trying to rent it out because he has been transfered to East Sale with his job.
He is trying to get an agent to do the work for him but they are playing hardball according to him.
He says they have worded the contract so that they have the ability to take fixed agents fee PLUS 8% of the rent!
PLUS the contract is EXCLUSIVE so they can't use any other agent.
Got the contract worded so that if rent doesn't get paid, or place is leased but tenant doesn't move in, then WE have to pursue the tenant for the unpaid rent, and STILL pay the agent their fees
Is this normal in Victoria?
Does anyone know of a decent reputable agent that can help him out and where can he get Landlord Insurance from?
Thanks
Grant
He is trying to get an agent to do the work for him but they are playing hardball according to him.
He says they have worded the contract so that they have the ability to take fixed agents fee PLUS 8% of the rent!
PLUS the contract is EXCLUSIVE so they can't use any other agent.
Got the contract worded so that if rent doesn't get paid, or place is leased but tenant doesn't move in, then WE have to pursue the tenant for the unpaid rent, and STILL pay the agent their fees
Is this normal in Victoria?
Does anyone know of a decent reputable agent that can help him out and where can he get Landlord Insurance from?
Thanks
Grant