Property management fees Sydney, when looking for a new property to rent or lease, it’s essential to be aware of the different types of fees associated with it. Property management fees in Sydney can vary depending on the company you choose to work with, so it’s essential to understand what you’re getting yourself into before signing any contracts. This article will discuss the different types of property management fees and what they cover so that you can make an informed decision about who to work with.
Administration and compliance
These are the fees charged by your property manager for things like processing applications, preparing leases, and conducting routine inspections. They also cover any costs associated with complying with the Residential Tenancies Act.
Maintenance and repair
These are the fees charged by your property manager for maintaining your property and carrying out repairs. This can include things like painting, gardening, and general upkeep.
Marketing and advertising
These are the fees charged by your property manager for marketing your property to potential tenants. This can include listing it on rental websites, placing ads in newspapers, or distributing flyers around town.
To conclude, property management fees in Sydney can vary depending on the services you require. Be sure to shop around and compare different property managers before deciding. With a little research, you’ll be able to find a property manager that suits your needs and budget.