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Hi I was wondering, when they say 5% letting fee for a property, does that mean 5% of the annual rent or of the monthly rent ?[inlove]
Snowflake
Hello as41
That would be 5% of the annual rent.
I don’t know where you are in Victoria but it seems high if in Melbourne. I pay 3% letting fee and 7% of monthly rental as management fee. This is all inclusive. No extras for inspections etc. etc.
Hope this helps [smiling]
Elka
Viewing 2 posts - 1 through 2 (of 2 total)
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