The Truth about Property Management Fees
Are you looking to reduce the costs of your rental? Have you shopped around for the lowest property management fees? Before you go any further, there’s a few things you need to know.
Not all things are created equal. As with any service, property management comes in all shapes and sizes, from specialised, high-end boutiques to smaller operators. Naturally, the amount you pay for these can vary greatly. However, saving a few dollars on management fees can come back to bite you. Higher occupancy rates and dissatisfied tenants can leave you further out of pocket.
When you find a strong team dedicated to quality service, you gain peace of mind around your property. This can easily outweigh the slight increase in fees, letting you enjoy life safe in the knowledge that everything is taken care of for you.