Jump to content
graham c

Letting agent management fee discounts to expect as portfolio grows

Recommended Posts

Hi,

 

I'm looking to get a feel for the level of discount I should expect from a letting agent as the number of properties that they manage for me grows.

 

e.g If they charge 10%+VAT for my first property, what should I expect to negotiate as I get to:

  • 2
  • 3
  • 5
  • 10?

 

Also, if they are a larger company with multiple branches, do folk have experience discounts across the company rather than the branch?

 

Thanks in advance.

Share this post


Link to post

Hi Graham,

It seems as though your main concern is that you don't want to pay a high amount in fees to letting agents to disturb your profits. Is there a particular reason why you're only considering letting agents?

Have you considered working with management companies that don't charge fees? You would then eliminate the worry of having to give a chunk of your profits away. I know of a few landlords who also get guaranteed rent every month in the process.

Share this post


Link to post

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×