You’re scrolling through property management options and come across someone offering their services for just 5%. Sounds like a no-brainer, right? In a world where expenses are rising and every dollar matters, it can be tempting to go with the cheapest option.
So, before you sign on with the lowest bidder, let’s take a moment to unpack what’s really behind those low fees and why they could end up costing you far more in the long run.
The real cost of cheap property management services
We’ve seen it time and time again. Landlords lured in by the promise of cheap fees, only to be stung by poor service, neglected maintenance, rental arrears or worse, a nightmare tenant and a property in disrepair.
The truth is, not all property managers are created equally. And when it comes to your investment, cutting corners can end up costing you far more than you bargained for.
At Macwell, we believe your property should be growing your wealth, not becoming a constant source of stress.
Property management myths that could hurt your investment
‘Cheaper fees mean more money in my pocket!’
Reality: Property managers offering low-price management are often more focused on building a sales database than managing your investment. They’re not in it for the long haul, and neither are their tenants.
‘All property managers do the same thing anyway’
Reality: A poor property manager can cost you thousands in arrears, vacancy, bad tenants and maintenance blowouts. A good one? They’ll more than pay for themselves by protecting your asset and your peace of mind.
‘It’s fine as long as they do routine inspections’
Reality: There’s routine, and then there’s really looking after your property. Dodgy, rushed inspections mean small issues go unnoticed until they become costly problems. Proper diligence matters.
‘Meh, communication isn’t that important’
Reality: Low-cost property managers often operate at scale, which means minimal communication, slow responses and no real relationship. Your investment deserves better.
The most expensive mistake landlords make? Hiring the cheapest property manager.
A great property manager costs you nothing. A bad one can cost you thousands.
Property management done right
Your property is more than just wood and brick, it’s a long-term investment and should help build your wealth, not cause sleepless nights.
We believe every landlord deserves a property manager who treats your investment as though it were their own.
Here’s what sets us apart.
| Work smarter | Thorough maintenance | Minimised hassle |
| Long-term return and risk management are always top of mind. | Earn better tenants, higher rates and avoid minor issues turning into big problems. | When problems occur, we’ll always come to you with solutions. |
| You’re more than a number | Best systems and technology | Peace of mind |
| Expect diligent, friendly staff that believe in integrity and respect. | We use the industry’s best practices, systems and procedures. | Rest easy knowing your asset is monitored frequently and diligently. |
Choose the right property management partner
We know it can be tempting to compare fees. But as you now know, those low-fee services often come with hidden costs. Here at Macwell, we don’t cut corners because we know your investment isn’t just a property. It’s your future. That’s why we help landlords grow their wealth with smart, strategic and stress-free property management.
Ready to protect your investment the right way?
Let’s chat about how we can help.
