Our experience with the ‘right fees’ is that we charge middle of market fees and try to provide a service that is much above market. In some cases, you may meet a property manager who will do a fantastic deal regarding fees; however, to us that doesn’t necessarily make sense as you want to give your property manager an incentive to look after your property and give them a carrot to go out and make sure your property is rented correctly.
Fees do not necessarily matter if your property manger is effective in finding you a great tenant, having no vacancy and getting you a good return on rent.
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