Property Management Growth with DoorGrow

DGS 7: Increasing Fees in Property Management with Darren Hunter - Part 1


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Learn how to properly increase your rent-roll without adding new doors - by increasing or adding fees.

About Darren Hunter

Darren Hunter - of darrenhunter.com is an Australian & international property management trainer, speaker, consultant and authority on property management, specialising in fee maximisation and profitability as well as time and stress management and property management productivity.

You'll Learn...
  • Darren's Background 2:11 
  • Mindset is the Real Problem with Adding Fees 4:19 
  • Our fears are often not connected to reality 6:28 
  • The key to increasing fees is "peace of mind" 9:00 
  • The owners you should not approach about increasing fees 12:47 
  • Why you should not give advance notice about fee increases 15:32
  • How to sort your owners into 3 categories in preparation for fee increases 17:39 
  • How to structure the letter/notification of the fee increase 19:30 
Tweetables:

The excuses you give for why you can't charge more, often just reveal your own mindset problems.

Belief is transferrable. You have to believe in your fees to get others to believe them.

Resources:

7 Wrong Mindset Reasons that Stop You Getting Better Fees! by Darren Hunter: http://www.darrenhunter.com/articles-and-knowledge-library/boosting-income-and-profitability-articles/7-mindsets-that-stop-you-getting-better-fees-everytime

http://DarrenHunter.com

...more
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