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  • Profile photo of brianval12805brianval12805
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    @brianval12805
    Join Date: 2003
    Post Count: 1

    I think negotiating a flat fee for managing a property is a matter of suck it and see. (And submitting an offer)
    I owned a small (2 flats) property in Newcastle a few years back, The goiing rate then was 7%. I approached an agent I knew, whose rate I knew to be 5%. Very tongue in cheek I said to my lady salesperson there–“How about a 3% flat fee if I give you guys this property to manage?”
    She said she’d ask her boss.
    I was amazed when next day she said “the boss says you’ve got a deal”
    Which goes to show that everything in business is negotiable!

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