1. How to charge like they do in the USA – Aussie
Style

3. Let Fees Rent
Collection
Management
Fees
Lease
Renewal Fee
Periodic
Inspections

4. Let Fee
• One day of inspections – 96.2 km
• 6 inspections – two no shows
• 2 applications
• Time -2hours 40 min
• 96.2km @72cents = $69.27
• One staff member $16 per hour $38.40
• Total $107.67 – no return

5. 19 Smith St - $320pw
• 7 Inspections time took 3 hours 15 min =$50.40
• 56 km round trip x 7 inspections
• Total of 392km @72c = $282.24
• Process application Takes about 1 hour $16.00
• Total $348.64
• Loss of $28.64
• Not Counting the Condition Report or
documentation

6. 19 Smith St - $320pw
• One more inspection
• Total 8 inspection time 45 min = $57.60
• Another 56 km @72c = 448 = $322.56
• Total to rent this property $380.16
• Loss $60.16

7. Leasing Properties
• Showing Properties
• Open Inspections
• Private Inspections
• Safety First
• KPIs

8. Extras
Advertising
Internet – Window Cards
Renovated and Refurbs
Aon Insurance
Direct Connect

9. SIX MONTHS @$340PW
LET FEE - $374
TWELVE MONTHS @$340PW
LET FEE - $748
8.5 % - $826.54 8.5% - $1653.08
LEASE RENEWALS - $ LEASE RENEWAL - $55
PERIODIC INSPECTIONS - $44 PERIODIC INSPECTIONS - $88
TRIBUNAL HEARING - $ TRIBUNAL HEARING - $55
ADMIN FEE - $66 ADMIN FEE - $132
TOTAL $1310.54 -26 WEEKS TOTAL $2731.08 - 52 WEEKS
PER WEEK - $50.41
PER DAY - $7.20
PER WEEK - $52.52
PER DAY - $7.50

11. • $400,000
• average value
• 100
• properties
•$40 Million
Property Portfolio

15. What are
your fees?

16. HOW
MUCH

17. Agency Administration
Presented by Helen Habgood

18. Agency Administration
Presented by Helen Habgood

19. Agency Administration
Presented by Helen Habgood

20. Agency Administration
Presented by Helen Habgood

21. Fees and Charges
Maintenance and repairs
Supervising
Checking on the property
Styling package
TICA and NTD checks
Insurance Claims
Insurance – meeting Assessors and arranging
repairs

22. Agency Administration
Presented by Helen Habgood

23. Agency Administration
Presented by Helen Habgood

24. Agency Administration
Presented by Helen Habgood

25. Agency Administration
Presented by Helen Habgood

29. Don’t take Cash !!!