Diversification of Property Managers’ Fees and their Determinants - The Case of Poland

The article aimed to determine (1) what factors affect the rates of property management fees (2) and to examine whether the rates declared by managers can be an essential factor in the segmentation of the property management services market. The research has been divided into two stages. First, the...

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Bibliographic Details
Main Authors: Węgrzyn Joanna, Najbar Katarzyna
Format: Article
Language:English
Published: Sciendo 2020-03-01
Series:Real Estate Management and Valuation
Subjects:
Online Access:https://doi.org/10.2478/remav-2020-0004
Description
Summary:The article aimed to determine (1) what factors affect the rates of property management fees (2) and to examine whether the rates declared by managers can be an essential factor in the segmentation of the property management services market. The research has been divided into two stages. First, the review of the literature allowed us to elaborate a list of factors affecting the rates for property management fees. Then, the research was based on the analysis of the results of questionnaires obtained from property managers. We gathered a sample of 368 responses, which enabled us to use the analysis of variances. This statistical method was utilized to answer the second research question.
ISSN:2300-5289