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Flat rate property management fee?, page-10

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29/06/15

13:14

Post #: 15548254
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Originally posted by liveforsunnydays ↑

Brilliant, thanks for that link SL.
And good point too about the councils charging % on value, not something that I had considered previously!

'Disruption' is a hot topic in business these last couple of years, flat management fees look to me like a good example. I wonder if this will become more prevalent in future and be taken up by the bigger PM agencies?
I guess it will depend on the majority of investors and whether they will stay with the status quo...

Market forces will likely dictate the outcome and I would hazard a guess that with low yields, rental management fees will come under further scrutiny and pressure.

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Someone was rabbiting on about these young pretties in short skirts running around trying to manage 40-50 properties at 7% each. Do the math on that at $400pw ($28 x 40) or even $500pw average. Its not a whole lot pw.
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