In a competitive property market, it’s tempting to think that a cheaper property management fee means better value. But here’s the truth: a lower fee often comes with a much higher cost in the long run.
Property management isn’t just about collecting rent — it’s about protecting your asset, maximising your return, and keeping you compliant and stress-free. So why do some agencies lead their pitch with a 4% management fee?
The Real Reason They Start at 4%
Let’s be honest — every Property Manager in the area knows what their competitors charge.
So when someone advertises a 4% fee (while we might charge 7%), it’s not by accident.
Why not 5% or 6%?
Because they know they wouldn’t win your business.
They lead with low fees to distract you from the value you’re actually paying for — or, more often, not paying for.
What Gets Missed With a “Cheaper” Fee
Agencies that operate on cut-price structures usually need to manage more properties per manager, which can lead to:
- Slower response times to maintenance issues
- Poor communication with tenants and owners
- Higher tenant turnover (and vacancy costs for you)
- Missed rent reviews or compliance deadlines
- Inadequate routine inspections or follow-ups
Ultimately, a cheap fee often means cheap service — and that costs you money.
You’re Not Paying for a Manager — You’re Paying for a Result
At LongView, we focus on value, not volume. Here’s what you get with us:
- Fewer properties per manager = more time for you and your tenants
- Proactive maintenance management
- Expert rent reviews to keep your income on track
- Experienced negotiators handling leases, renewals, and tenant relationships
- Compliance and risk management to protect your investment
- A money back guarantee on our service offering
The Cost of “Saving” on Fees
Let’s say a 3% fee difference saves you $600 a year.
But one week of vacancy, poor tenant placement, or a missed rent increase could easily cost you 2–3 times that.
When it comes to managing a six- or seven-figure asset, do you really want to choose the cheapest option?
You Deserve More Than Cheap. You Deserve Smart.
If you’re comparing agencies, don’t just ask how much they charge — ask what you’re getting for it.
Because when it comes to Property Management, cutting corners often leads to cutting returns.