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  • Profile photo of ohiyooohiyoo
    Participant
    @ohiyoo
    Join Date: 2010
    Post Count: 3
    November 18, 2010 - 9:08 pm

    Thanks for all your suggestions.

    I don't think there's much i can do in terms of terminating the agreement with the PM. I had a closer look at the agreement last night and it says Exclusive Authority Period for Leasing = 365 days and Continuing Authority Period for leasing = 30 days. I don't know what the consequences will be if i did terminate early, plus who knows if the next PM can guarantee a tenant. Nevertheless, i appreciate all your responses.

    cheers


    Profile photo of ohiyooohiyoo
    Participant
    @ohiyoo
    Join Date: 2010
    Post Count: 3
    November 18, 2010 - 4:52 am

    Here is the property.  http://www.realestateview.com.au/Real-Estate/Property-Details-rent-residential-2100461_L.html

    Well initially i wanted to rent it out for $300 per week, but the PM says the house was too small and suggested that we drop it to $280. So it's now for rent at $280.
    PM says that there are heaps of IP up for rent around that area so it's going to take sometime. I'm not too sure what to do.

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