Like many people, our family owns investment properties. That’s not surprising, given that Australia has 3 million investment properties.
What is surprising is how much money we are paying in agent’s fees to manage the property. Our parents are retired now. As we reviewed their finances, we realised that by the time they sell their investment property, agents will take ~25% of the profits!
84% of all owners use property managers, who are taking 7-11% of the total rental income from letting and management fees. We see this happening to our family and friends every day, and we don’t think it’s fair.
:Different offers a flat rate property management service for owners and operates a app for tenants to easily access their information and raise maintenance issues. This blend of technology and experienced agents ensure both tenants and owners experience a seamless renting experience through both transparency and efficient communication.
For more information, kindly visit https://different.com.au/