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If you are looking to Rent your Place out, take advantage of our Free Service & join the list of happy Landlords who have found the Best Deals from their local real estate agencies & pay Lower Fees for a great property management service!
Landlords from all over Australia are finding the best deals from their local property managers right here through our unique, free and no obligation system. We save you time and money, and we take the stress out of finding the best real estate agent to 'rent my place out'.
How do we do it?
It's no secret that using the basic concept of shopping around can save you a lot of money with anything that you are shopping for, so we have taken this concept and built an online platform that does the shopping around for you and provides you with multiple quotes from multiple local real estate agencies for you to compare their services, fees, experience, and marketing strategies for renting out your place
Agents offer their best rates through our system!
1- Our system creates a high level of competition for real estate agencies. This alone is extremely effective at encouraging each agency to offer their best rates up front and also means that the system itself has essentially negotiated the best deal from each agency, saving you the hassle of having to try to negotiate the best deal from each agency yourself.
2- Property management fees can vary from property to property based on its rental value, the amount of demand for a property in your area, and the amount of time and effort that the agent believes will be involved in finding tenants and also with managing your property. The quotes provided through our service are not just the average property management fees that you will find advertised for the average property. Our system allows each real estate agency to research your property before offering a proposal so they are able to customise their fees and proposals to match your particular property resulting in the best deals possible.
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Common Property management fees that you need to know.
For those new to the rental market, property
management fees can have so many hidden extras
it can be difficult to keep track of them and know
what they are all for. Which ones should you pay
for? Which ones are just extra charges? These
questions should be asked if you want to get the
most out of your money and your rental return.
Here are some of the most common property management
fees that you should know about:
Commission Fees
In most instances, property management commission
fees are a percentage taken off the total rental
income of the property. It's perfectly normal for
the agency to take the commission off the total rent
that is collected from the tenants. Therefore, the
forwarding balance already has the rental commission
fee taken out of the balance before being sent to
the owner.
These deductions are usually a percentage of the
rent in total. In the Brisbane area and around
Queensland, the typical percentage rate is somewhere
between 7 to 9 percent. These commission fees can be
negotiated with the agency and reflect the services
they include.
Letting Fees
Letting fees constitute the work that property
managers do in order to find the right tenant for
the property. This includes the preparation of the
letting documents for the new tenant and finding a
tenant in the first place. One thing to keep in mind
is that the letting fee may vary depending on the
agreed length of stay written into the rental
contract.
Fair Trading has defined the maximum allowable fees
regarding property management fees, but the numbers
could vary, depending on what was specified in the
agreement. Letting fees are usually deducted from
the first rental payment and is payable to the
property manager once the rental contract is signed.
Lease Renewal Fee
A property lease renewal fee may be charged by the property manager if the current tenants agree to a lease renewal. This property leasing fee covers the costs associated with processing the lease papers. The lease fees can be deducted as either a percentage of the tenant's weekly rent or as a one-time fixed fee.
Administration Fee
Property management agencies may charge a nominal fee called "Administration fees" that you see every month on your statement. This fee covers costs associated with postage, phone calls and trust accounts.
End Of Year Financial Statement Fee
This fee is charged at an agreed and fixed rate. It covers the preparation of the end of year financial tax statement
We have agents from many of the best real estate agencies to rent out your place in Brisbane, Sydney, Melbourne, Adelaide, Perth, Canberra, Cairns, Darwin, Gold Coast, Sunshine Coast, as well as all surrounding areas, all of which are eager to offer you their best deals.