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Do property companies make much money?
1. Collecting property management fees: the main source of income for property management companies is collecting property management fees. Property management fees shall be paid by the owners according to the property area and corresponding management standards. According to different regions and property types, the standard of property management fees will be different. Property companies can increase the income of property management fees by improving the quality and efficiency of property management services.
2. Monopoly: In some areas, property management companies may be the only property management service providers. In this way, property companies can control the property management market through monopoly position, increase the cost of property management and obtain more benefits.
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