6-10% is the average for property management fees, but this might not include additional costs like:
- Tenant placement
- Initial setup fees
So, if the monthly rent for your property is $2000, and the property manager charges you 10%, you’re paying them $200 per month.
Harper Properties has a competitive rate of just 8.5% management fee + $45 per inspection, with no letting fees, maintenance fees, or add-ons, to make it easier for Central Auckland landlords. We’ve done a detailed analysis of Auckland’s property management fee structure here to help give you a better idea of the different costs involved.