Has anyone ever received a letter from their Property Manager with 'exciting news'?? "We are writing to you to let you know of some exciting news for you as an owner. We have been approached by another agent with the opportunity to have them manage your home. After careful consideration we have agreed to their offer and plan to appoint them as your managing agent based on the following factors: - Are a local agency and the 2 directors boast a combined 45yrs experience within the real estate agency - Senior property managers with over 20yrs of combined experience - A local office presence increasing convenience to your tenant and an unsurpassed knowledge of the local market. Enclosed with this letter, you will find new paperwork that you will need to sign. Please be assured that all fees are identical to what your are currently paying and the managing agency agreement contained within reflects that. If you could please sign but not date the enclosed paperwork where indicated and please return in the envelope provided within 7 days. You will then receive a dated/signed copy from the other agent. We will do everything possible to ensure this change over is a smooth transition for yourself and your tenant and believe that this is the best outcome for you and your investment. Please feel free to contact me should you have any queries. Assuring you of our best intentions at all times." I thought we, as investors, choose our own PM's.. not another agency chooses for us.. The current PM is out of area.. but i have been with them for 3 years. They are suggesting one within area to my property. I personally thought this letter was quite disgusting. I had no phone call warning me about this.. just this letter. I feel this is a little gutless of them. Anyone else ever experienced this? So, by the looks of things, i either go with who they have suggested or start looking for good PM's around Penrith area. Any suggestions?