Cutting Through the Fine Print of Management Fees

04/10/2024 10 min Temporada 1 Episodio 30
Cutting Through the Fine Print of Management Fees

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Episode Synopsis

Why are property investors losing money on archaic fees when technology can do the same work for a fraction of the cost?" Join me, Samantha Eason, as I pull back the curtain on a practice that’s siphoning off investor returns—excessive property management fees for simple bill entry. We'll uncover how some agencies justify charging up to 10% of an invoice for a task that modern software like PropertyMe and Console Cloud can handle in mere seconds. In this episode of Talking Property Management, I emphasise the critical need for accountability and value-driven services in the property management sector. With technology advancing rapidly, agencies should be embracing tools that streamline processes—not using them as an excuse to impose exorbitant fees. We'll discuss the broader implications of these practices on investor returns and the importance of holding agencies to a higher standard. By raising awareness, sharing experiences, and demanding fair management, we can collectively advocate for change. Empower yourself with the knowledge to protect your investments from exploitative tactics. Thank you for tuning in to this critical conversation.Send us a text If you have any questions or scenarios you would like us to discuss on an upcoming episode, please email [email protected] or visit https://www.exclusivelymanaged.com.au/Donate to the sleepbus foundation here. https://www.sleepbus.org/services/sleepbusfund

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