If you got good tenants even a trained monkey could run an agency. Just collect the money, take your cut and disburse the balance. I have come across PMs who had great difficulty in just disburing the funds!
That's not really true mate
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If you got good tenants even a trained monkey could run an agency. Just collect the money, take your cut and disburse the balance. I have come across PMs who had great difficulty in just disburing the funds!
I personally think there isn't much work to do for a tenancy renew, and get charged 0.5 to 1.5 week for it
yes, that part is the hard earned dollar.. but what about the same tenant renewing his/her lease every 6 or 12months? There is that charge typical 0.5-1.5 weeks as well, that I say the easy dollar.
That's not really true mate
Why would a tenant do this?. but what about the same tenant renewing his/her lease every 6 or 12months?
RR - do the 3.3% agents charge a lease renewal fee?
What other fees are there on their contract?
We found that on average 17% - 19.1% of a properties gross yearly income went into the management of that property. (not including maintenance). Even when the management fees were 7.7% The rest of it wast the "additional fees".
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