So managing agents are employed by OMC's and are paid a fee for this but do they also make money from contracts e.g. repair works, redecorating etc
I've heard of this happening and was told it was 'common practice' but don't have any first hand knowledge of it, the example given to me was a painting contractor who adds 5% to the quote and this goes to the managing agent for giving him the work
Has anyone else come across this? Is it legal?
I've heard of this happening and was told it was 'common practice' but don't have any first hand knowledge of it, the example given to me was a painting contractor who adds 5% to the quote and this goes to the managing agent for giving him the work
Has anyone else come across this? Is it legal?