Rental Agent Claiming Management Fees
Last edited 12/07/2019 - 13:39
Short story is due to hail and damage my tenant had to leave to fix damage. Strat insurance is covering loss of rent. I stupidly agreed for it to be paid via my real estate company's trust account like normal rent. I noticed they are still deducting 5% a week for rental management/fees even though no one is residing.
Should i just ignore it (amounts to $100 a month- prob for total of 2-3months).
strata said they'll still pay loss of rent when looking for a new tenant even after repairs are done- and i assume RA agents will still take 5% then prob claimm $400 for new tenant found…
Feel like telling them to stop charging bogus management fees when they're not managing the property (they do however liase with the strata company via email- although i have now taken over it)
I uploaded the link to my agent fees https://files.ozbargain.com.au/upload/143535/70777/agent.png
It just says 6% of all moneies collected. Does this mean anything that goes into their trust acocunt- because i've accepted a 4k for settlement of floor damage but i asked them to send it via agent's trust account.
1Ignore it given it'll create a sour relationship with RA agents
32Complain to their director/ask politely to stop the fees till it is tenanted