A management percentage is only one part of the cost of looking after a rental. A useful quote explains what work is included, when additional charges apply and how each amount is calculated. Ask for the management agreement and full written fee schedule so you can compare services on the same basis.
These are comparison questions, not a statement that New Era charges separately for every item. Your written proposal should identify the inclusions and charges that apply to your property, including whether quoted amounts include GST.
Two quotes with different management percentages may include different work. Compare a realistic year of the same services and assumptions. Identify any one-off setup costs, recurring costs and event-based charges separately. Ask about the agreement’s notice provisions and any charges that may apply when it ends.
Rates, insurance, repairs, vacancy and finance can all affect cash flow. Our rental yield calculator helps you explore the figures you enter; it is not a personalised fee quote or a forecast of return. Obtain advice suited to your circumstances for tax, lending and insurance decisions.
Tell us about the property, any existing tenancy and the support you want. New Era offers ongoing management and one-off leasing. Read how those options differ, or contact the team for a written explanation of services and fees. You can also call 03 386 0311.