WARNING!!! – Cheap Property Managers Can End Up Being Very Expensive!

Pictures speak 1,000 words… there is always someone willing to manage your property cheaper, and you get what you pay for!   We understand that at first glance discount providers appear attractive. However, we encourage you to consider that there is usually a reason why these businesses need to offer ploys like this to lure and secure new business.   As yourself why do businesses have to discount their fees to secure new business? It is usually because they can’t retain business due to the poor quality of service they provide. Alternatively, they have extra fees hidden in the fine print to make up the difference between Bluestones open and transparent fees and their seemingly cheaper fees.   Real Estate Institute of Australia (REIA) research confirmed it’s unsustainable to charge management fees less than 7.5% in QLD reporting investors should be mindful of the long-term sustainability of anyone charging less than 7.5%. Why? Because cost-cutting agencies can’t afford to pay for qualified staff experienced at mitigating your loss. Discount agencies also can’t pay for the essential tools required to manage your property effectively. Plus cheap agencies can’t afford to do what’s needed to maintain the value of your property to its … Continue reading WARNING!!! – Cheap Property Managers Can End Up Being Very Expensive!