Guide
How to switch property managers in Queensland.
It is simpler than most owners expect. Here is exactly how it works, and what happens to your tenant and bond.
To switch property managers in Queensland, check your management agreement for the notice period (most are month to month with around 30 days notice), line up your new manager, give written notice, and let the new manager handle the handover. Your tenant stays in place and the change is usually complete within a week.
You are probably not locked in
Many owners stay with a manager they are unhappy with because they assume they are stuck until the lease ends. In most cases that is not true. Management agreements are usually separate from the tenancy and run month to month, so you can change managers at any time with about 30 days notice, even mid-lease. The tenant does not move and the lease does not change.
The four steps to switch
Check your current management agreement
Find your management agreement and check the notice period. Most are month to month and require around 30 days written notice, so you are rarely locked in.
Choose your new property manager
Line up your new manager before you give notice so there is no gap. Confirm their fee, that there is no lock-in, and who will manage your property day to day.
Give written notice to your current agency
Send written notice to your current manager as required by the agreement. Your new manager can guide the wording, and the handover does not affect your tenant’s lease.
Hand over and you are managed
Your new manager collects the file, keys, bond details and entry condition report, and introduces themselves to your tenant. The change is usually complete within a week.
What happens to your tenant and bond
Nothing changes for your tenant beyond who they deal with. The lease stays in force on the same terms, and the bond stays lodged with the Residential Tenancies Authority in the tenant’s name. Your new manager is recorded as the managing party and introduces themselves to the tenant, so rent, inspections and maintenance carry on without interruption.
Common worries, answered
Owners often hesitate because they expect the switch to be awkward or risky. In practice a good manager does the work for you: they request the file, keys, bond details and entry condition report from the outgoing agency, handle the paperwork, and keep your tenant informed. Your job is mostly to give notice and choose who takes over; our guide to choosing a property manager covers what to look for.
Common questions
Can I switch property managers while I have a tenant?
How much notice do I have to give my property manager?
What happens to the bond when I change managers?
Is it expensive to switch property managers?
Thinking of making the switch?
We handle the entire handover for you. Get a free rental appraisal and a clear plan, flat 7% + GST, no lock-in.