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Agent commission - Melb inner west

Discussion in 'Property Management' started by Pins, 4th Sep, 2015.

  1. Pins

    Pins Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    100
    Location:
    Melbourne
    Hi all

    What's the best case scenario for property management fees for house in Melb inner west? Currently looking at 6.6%.

    Cheers
    K
     
  2. Be Developer

    Be Developer Property Developer Business Member

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    Posts:
    1,078
    Location:
    Australia
    5 %+ GST shoukd be okay.
     
  3. Hodge

    Hodge Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    513
    Location:
    Melbourne
    5.5% some go lower but don't compromise on service and quality.
     
  4. S.T

    S.T Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    428
    Location:
    I'm not selling anything
    I pay 5.5% for my inner west unit. 1.5 weeks letting fee, $220 advertising. No other fees for monthly statements, hate paying for them out of principal when a system pumps them out automatically.
     
  5. D.T.

    D.T. Adelaide Property Manager Business Member

    Joined:
    13th Jun, 2015
    Posts:
    5,578
    Location:
    Adelaide, SA
    Choosing based on price is pretty silly.
     
  6. Pins

    Pins Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    100
    Location:
    Melbourne
    Thanks all

    I'm not choosing just based on price I'm just trying to understand what the benchmark is