Sounds like they'll try to increase their commission if they doWhat does the statement usually contain?
- confirmation of the rent paid + deduction of management fee?
and cost of repairs if any
btw, do you let PM pay your rates etc?
in my PM contract, it says that they could pay from the rent:
- all land rates
- all water rates
- all BC rates
- all maintenance accounts
Try requesting the statement to be sent via email.. it may cut down the cost of postage + petties, and can be more convenient.
My agent charged me $5/month for statements even though I asked if they could email, she said they didn't have the facility yet. Then when the property management contract was up for renewal, I got bold and crossed off the $5 from the contract renewal, she then started emailing them to me .... funny that. Doesn't send me copies of invoices etc though. Do I have to ask them for every little thing???
Sounds like they'll try to increase their commission if they do