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Also, “document coordination” needs unpacking. A manager might gather leases, rent records, maintenance history and tenant correspondence, but that is different from advising on the sale contract, title or tax treatment. For a mixed-use Sydney property, I would want the proposal to identify...

Is the building already tenanted, and are the residential and commercial portions covered by separate leases? That changes what you need. I would also ask whether the quoted fee includes lease administration, arrears follow-up, maintenance coordination, inspections, outgoings and reporting, or...

Accessibility matters too. Keep near-term money somewhere stable and readily available rather than chasing a return while the closing date and repair schedule remain uncertain.

For independent evidence, request blank or redacted examples of the reports and statements the service normally produces. That lets you assess whether “regular reporting” means a useful record or a two-line email. You can also ask how local contractors are selected and whether any referral or...