Ask us for a Fee Income Health Check!

Our report is free and with no obligation to you!

Most rent rolls are well below their fee income earning potential.

And the great news is this can be reversed, and the problem fixed in a few short months!

You can increase your current fee income and revenue with your rental department by anything from 10% to 20% extra, over and above what you are currently achieving per month and per year- every year!

We have seen departments of 200, 300 and 400 property managements being able to generate up to $16,000 extra per month and $200,000 extra fee income per year once they reached their fee income earning potential.

This is over and above what they were earning beforehand.

They used this extra fee income in a number of different ways:

• To pay for more business running costs, so that all ongoing overheads were completely funded by property management, leaving their sales income as bonus income or 'cream'.
• To remunerate their property management staff better, to keep them longer.
• Fund much needed resources and systems to perform more efficiently.
• Upgrade their computer systems.
• Employ a business development manager to grow the rent roll.
• Fund other resources for rent roll growth.

How is this extra fee income possible?

The answer is quite simple! There is a definate gap between what you are currently achieving, and what your potential actually is.

There are some very good reasons for this gap in your fee income:

• Lack of Accountability- sometimes when a principal is more 'sales focussed' over their property management department, this side of the business can get neglected. There is little accountability to fees, charging and other vital parts of the business. Some principals don't even know extensive discounting has occured until they sell their rent rolls, find out their asset value is diminished, and they sell for a lot less than they could otherwise.
• Discounting- some properties are being managed at fees less than the agency standard fee structure, and have been discounted on the initial management agreement to 'get them on board'. Most proeprty managers have never been properly trained to get quality fees, and therefore discounting was' the norm'.
• Acquired Rent Rolls- previously purchased managements have a fee structure less than what you promote now.
• Staff Mindsets- your property managers have told you that your clients will not possible pay anymore in fees.
• Fee Levels- your current ancillary fees are not being charged at high enough levels which could be easily sustained in your marketplace.
• Additional Fees- you could be easily adding one or two extra ancillary fees to your fee structure without compromising your business.
• Other reasons- other reasons also exist such as property managers not ensuring all rents are maximised to current market rates, they are 'too busy' to charge fees the department is already entitled to, or they simply 'forgot' to charge them!  These are the fees that are not automatically charged by your property management computer system.

How much extra fee income could you be earning?

We can tell you how much more you could be earning in a simple Fee Income Health Check that will be generated within just a few days of your contact with us!

Our free, no obligation  Fee Income Health Check created remotely will inform you how much extra you could be earning, tailored to your department, area and marketplace.

We will justify all findings fee-by-fee, step-by-step with a full explanation so you can see exactly how it is calculated.

You could be pleasantly surprised once you know just how much extra you could be earning with your rental department!

With a free Fee Income Health Check you can know how much extra management fee income you could earning, directly boosting your revenue and the value of your asset and business (should you be considering selling in the future).

With a free  Fee Income Health Check you can know how much extra ancillery fee income you could be generating, assisting you with cash flow stability and paying your ongoing company overheads. This will, in turn give you much better stability and peace of mind when real estate sales are quiet.

And it can be all done within a few months!

So how much extra fee income could your department generate?

Ask us today about a free Fee Income Health Check for your rental department and find out!

Every extra dollar generated from the business you currently have is pure profit, as your expense base is already in place. Therefore every extra dollar earned goes straight into your bottom line! A great way to boost your profit margin quickly!

It makes good sense and costs you nothing to find out the level of what extra fee income potential that is in your current business, through a Fee Income Health Check.

There is no further obligation or risk!

We understand that not all businesses want to do anything with the information supplied, so therefore our Fee Income Health Check is provided with no obligation to you to do anything further.

Even if you do nothing with the information, at least you know what your extra income earning capacity actually is!

Make contact with us today!

Email or call us today.

Contact us using the email form below, or call Darren on 0403 379924: