November 2017

As landlords and property owners, you may be asking the question - what do I get for the rental property management rates I pay?

Property management companies provide a multitude of benefits to landlords and owners alike. Discussed below are a few of them.

It is also worth noting that many of the benefits you receive from property management are intangible, and often the fruits of intangible benefits become more deeply appreciated over the long term.

Having said that, screening of tenants, coordinating maintenance requests, taking on the administrative burdens, these things all pay dividends from the outset, once you have hired an experienced, active, and caring property manager.

Being a landlord is financially rewarding, but it is also a full-time job with a number of responsibilities, which is why property managers are an attractive alternative, prompting the question, what are management fees for rental property?

A good property manager really does reduce the administrative burden for landlords, which is just one of the reasons great property management companies are in demand for looking after rental properties.

Furthermore, a property management company helps your home realise its full potential by avoiding long spells of vacancy and bringing reliable tenants.

And that's just a few of the key services you can expect.

Other services include your property manager helping to coordinate home maintenance tasks.

If you are wondering what are management fees for a rental property, the ongoing fee for services is a percentage of the monthly rent, and varies across companies.

Usually, landlords find it more worthwhile to focus on the suite of services provided as the time, effort and knowledge required to manage their property and tenants by themselves can become unrealistically overwhelming for one person.