wonder if the landlords were offered any money as their...

wonder if the landlords were offered any money as their relationship (relationship being in the form of a one year standard property management agency agreement) was floated off, or did only the agent profit from the total value of the relationship?

I once had a major property owner tell me how the agency he was with was being sold and how he had to fill out 100plus+ new agency agreements with the new owner of the agency, I told him, tell them to fill out all the forms themselves, guarantee the property manager you want to retain will be there for the full length of the agreement and bring him a major cheque ,

the real estate agent filled em out and brought him a cheque......I should have told him to ask for heaps more

Any agent profiting 100% from a relationship is a bit rich imo ,,,,,any landlord asked to sign a new agreement with a new agent which is buying his existing agent should do the same imo, just look at how much the agency just pocketed for managing your property.............insane

overvalued imo as the relationship can change quickly and the price paid per agreement seem far to high given the length of an standard agreement..................valued as long term revenue streams but only backed by a shorter binding agreement in a competitive environment