Request a FREE rental appraisal to find out how much rent you can get when you 'rent my Apartment out'.
If you are looking to Rent your Apartment out, take advantage of our Free Service & join the list of happy Landlords who have found the Best Deals from their local real estate agencies & pay Lower Fees for a great property management service!
Landlords from all over Australia are finding the best deals from their local property managers right here through our unique, free and no-obligation system. We save you time and money, and we take the stress out of finding the best real estate agent to 'rent my apartment out'.
How do we do it?
It's no secret that using the basic concept of shopping around can save you a lot of money with anything that you are shopping for, so we have taken this concept and built an online platform that does the shopping around for you and provides you with multiple quotes from multiple local real estate agencies for you to compare the property management fees, including leasing fees, letting fees experience, and marketing strategies for renting out your apartment.
Agents offer their best rates through our system!
1- Our system creates a high level of competition for real estate agencies. This alone is extremely effective at encouraging each agency to offer their best rates upfront and also means that the system itself has essentially negotiated the best deal from each agency, saving you the hassle of having to try to negotiate the best deal from each agency yourself.
2- Property management fees can vary from property to property based on its rental value, the amount of demand for a property in your area, and the amount of time and effort that the agent believes will be involved in finding tenants and also with managing your property. The quotes provided through our service are not just the average property management fees that you will find advertised for the average property. Our system allows each real estate agent to research your property before offering a proposal so they are able to customise their fees and proposals to match your particular property resulting in the best deals possible.
Click the button below, enter some details and receive multiple quotes from your local agents, compare their fees & services and make an informed decision.
How It Works
Common Fees for your rental apartment that you need to know
For those new to the rental market, property
management fees can have so many hidden extras it
can be difficult to keep track of them and know what
they are all for. Which ones should you pay for?
Which ones are just extra charges? These questions
should be asked if you want to get the most out of
your money and your rental apartment.
Here are some of the most common property management fees that you should know about when renting out your apartment:
In most instances, property management commission
fees are a percentage taken off the total rental
income of the property. It's perfectly normal for
the agency to take the commission off the total rent
that is collected from the tenants. Therefore, the
forwarding balance already has the rental commission
fee taken out of the balance before being sent to
These deductions are usually a percentage of the rent in total. In the Brisbane area and around Queensland, the typical percentage rate is somewhere between 7 to 9 percent. These commission fees can be negotiated with the agency and reflect the services they include.
Letting fees constitute the work that property
managers do in order to find the right tenant for
the property. This includes the preparation of the
letting documents for the new tenant and finding a
tenant in the first place. One thing to keep in mind
is that the letting fee may vary depending on the
agreed length of stay written into the rental
Fair Trading has defined the maximum allowable fees regarding property management fees, but the numbers could vary, depending on what was specified in the agreement. Letting fees are usually deducted from the first rental payment and is payable to the property manager once the rental contract is signed.
Lease Renewal Fee
A property lease renewal fee may be charged by the property manager if the current tenants agree to a lease renewal. This property leasing fee covers the costs associated with processing the lease papers. The lease fees can be deducted as either a percentage of the tenant's weekly rent or as a one-time fixed fee.
Property management agencies may charge a nominal fee called "Administration fees" that you see every month on your statement. This fee covers costs associated with postage, phone calls and trust accounts.
End Of Year Financial Statement Fee
This fee is charged at an agreed and fixed rate. It covers the preparation of the end of year financial tax statement
We have agents from many of the best real estate agencies to rent out your apartment in Brisbane, Sydney, Melbourne, Adelaide, Perth, Canberra, Cairns, Darwin, Gold Coast, Sunshine Coast, as well as all surrounding areas, all of which are eager to offer you their best deals.