Independent property management companies are a complete con. There are organisations out there which will charge an extortionate fee for practically doing nothing. How do you know when you’re being ripped off?
Well, when you see administration fee’s to be the majority of the cost for your estate, you have to wonder; what administration is taking so long to manage an estate? You have to realise that these companies are a complete rip off and there are only a select few who will truly provide a level of service that meets/exceeds your expectation of truly giving you the best return.
An estate charge which continually goes up and up illustrates really that the company is a complete con, especially if the directors of that company have owned a large amount of estate management companies in the past, you’ll know that they really can’t be trusted to their full extent.