LFSD, there is INDEED a solution to your very good point.
It's the same point really that applies to councils and do they really do any more for your property because it doubled, or the same for % based RE agents. A 30% lift in Sydney last 3 years would have been very profitable for selling agents.
There are fixed priced property management companies, just like the 1% fixed sale agents.
here's what one says...
Why a Flat Management Fee
http://purerentalspropertymanagement.com.au/about-pure-rentals/why-a-flat-management-fee/
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Flat rate property management fee?, page-8
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