Can I ask a property manager to look for a tenant without having a property management agreement signed? Then I would sign the agreement after they have the tenant organised. This way I'm not locked into using that agent.
Many agencies will source the tenant for you undertake the relevant checks and balances and let you manage it.
Normally charge you a weeks rent for the service.
Not sure i would do it but each to their own.
I actually employ 2 part time staff to manage my portfolio deal with the loan / rental statements etc and would never think of taking it on.
To me it is money well spent.
Cheers
Yours in Finance
Richard Taylor | Australia's leading private lender
You can always sign a non-exclusive or open agency agreement for the letting this way you can use a couple of agents to lease the property and wave the carrot of whoever leases the property to a suitable tenant gets the management.
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