In my experience, they do.
It is also typical to find the agent’s friends/relatives getting the contracts.
In my experience, they do.
It is also typical to find the agent’s friends/relatives getting the contracts.
Does anyone know if managing agents get kickbacks from the contractors, service providers who they send out to the apartments and where the provider eg roofer/plumber/maintenance person invoices the managing company (not the agent)?
Does the managing agent receive any sort of commission or arrangement fee as they are middleman in what could be quite a lucrative contract? I imagine these payments would be fairly discrete if they do exist. Has anyone any suspicions?
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