Budapest Management Agent

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Hopper

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Hi all
I am looking at 2 management agents in Hungary.
1 Quality & Service Real Estate Agency
2 Tower Property Management
Tower Property seem to have very expensive Management fees at 12% +vat per month when Q&S are at 4% +vat.
Has anyone any experience with either company or any other recommendations.
many thanks,
Hopper.
 
I don't know anyone who worked with Q & S Real Estate Agency, so I don't have any opinion on their services (4% is really cheap - if they work well you have a golden deal!).

Tower Property is owned by the director of Capital Eyes. The "Tower people" I have met (freelancers within the company) are young & very friendly guys. More than 85% of their apartments are rented out, what are fine numbers in the Budapst market (the source is of course their own figures).

The biggest no go's with Tower Property are
1/ They charge a fee of +/- 25€ per month, even if your apartment is not rented out.
2/ Their management fee in case your apartment is rented out is 12% - exactly like you mentioned: "very expensive".
(normal fees in Budapest are 8-10% when rented out - no charge if not)
3/ If you use their standard "furniture packages", you can be sure your apartment looks cheap & ugly.
(there are a few cool looking apartments on their website - so probably if you agree to put some extra money, they can do a better job).
 
The issue was addressed in that thread-if anyone had raised the same issues here, I would have referred them back.

And can't bpi answer for themselves?

Deszo broke our Posting Guidelines on spamming and advertising too many times.
 
Correct Urban Dev. I'm concious that I have recommended Bpartner a few times on this forum and I've no wish to be shot down as a cheerleader. However, if someone wanted honest feedback on my dealings with Bpartner then I'd be happy to assist.
 
hopper , I met the owner of Q&S in the past and he seems to be a nice guy but I dont believe that an agent is able to do a decent job for 4% of the income.
I hav'nt dealt with tower but got a lot of negative input on capital eyes, in any case their fee (total of 14.4% ) is expansive, you should aim for the 10% fee.
I am working with www.budapestrent.com and am happy with their service
 
CCOVICH said:
The issue was addressed in that thread-if anyone had raised the same issues here, I would have referred them back.

And can't bpi answer for themselves?

Deszo broke our Posting Guidelines on spamming and advertising too many times.
Click to expand...


Well I gotta say hes now doing a few bits for me,and if the guys upfront enough to give responses on this forum,he cant be all bad.Bring back HUNGARY
 
plotman said:
Bring back HUNGARY
Click to expand...

(Stop)
Oh yes, wait a minute Mister Moderator
(Wait)
Wait Mister Moderator

Please Mister Moderator, look and see
(Oh yeah)
If there's a new post on aam for me

There must be some word today
From Hungary banned so far away

I've been standin' here waitin' Mister Moderator

So patiently
For just a word, or just a reply
Sayin' Hungary's returnin' on post

So many days you passed us by
See the tears standin' in our eyes
You didn't unban Hungary to make us feel better
By leavin' us a post or a letter

(Why don't you check it and
see one more time for me, you gotta)
Wait a minute
Wait a minute
(Mister Moderator)
Mister Moderator, look and see
(C'mon unban Hungary, the sooner the better)

Please, Mr. Moderator
 
lee-m said:
got a lot of negative input on capital eyes
Click to expand...

They have good humour, though. You would swear the capital eyes' girls & boys are born stand-up comedians. Pity that they're a bit lazy, they repeat their same catch phrases over & over again...
(worst is that they stole "their show" from the aam forum - or didn't they


Worst is: they don't seem to remember their audience. I've seen them a few times, but the 'talkshow' was each time the same.

 
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