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There are a number of services offered:
An Introductory Service - Finding a tenant for a landlord's property. The cost can vary depending on the agent and is usually charged up-front.
Administration Services - This is anything that is involved in processing of the application. This can include referencing (credit searches etc. ), drawing up a tenancy agreement, conducting a check-in, drawing up a schedule of condition, among other things. Fees for this service can vary widely and often non-refundable, unless the landlord withdraws from the process.
Rent Collection - Many agents will offer to collect the rent from a tenant for an additional commission. This cost can vary.
Full Management - This is the term used to describe the day-to-day management of a rental property. Many agents will provide this service for landlords who wish to have a hands off approach to their investment. This service can cost between 7% and 8%
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