agent commision rates for holidy retntal

dreamer


Joined: 27/07/2009
Posts: 189

Message Posted:
06/02/2012 13:57

Please can anyone advise me on what commision rates are charge on holiday rentals and who would you recomend .

Tangerineman


Joined: 08/03/2010
Posts: 318

Message Posted:
06/02/2012 16:12

What for ?

Introducing guests or managing?

karakum5c



Joined: 18/03/2008
Posts: 1021

Message Posted:
06/02/2012 16:57

www.ownersdirect.co.uk/cyprus



i know a few people who use this site to rent their properties through, have never heard anything bad about them seems to work well for them

Ossie


Joined: 19/01/2008
Posts: 311

Message Posted:
06/02/2012 17:19

Seems a simple enough question message 2.Why is it that there is always a smart alec trying to make out an issue thats not there? I can understand the question why can't you?

Tangerineman


Joined: 08/03/2010
Posts: 318

Message Posted:
06/02/2012 18:28

Ossie not trying to be a smart alec



I rent and have agents who introduce holiday rentals ( ie Amy Villas ) who I pay a commission to and a property agent who manages the rentals ( but doesn't introduce ) who charge a fee



Can you say with certainty which type of agent the OP is enquiring about?



No - didn't think so



I'll ignore your comment and wait for OP to clarify When they do I'll help as much as I can

Ossie


Joined: 19/01/2008
Posts: 311

Message Posted:
06/02/2012 18:49

So you pay a commission and a property agent who charges a fee.Can't you therefore give dreamer an indication of these costs? I trust you pay your taxes to the government???? Who's the OP you mention?

philbailey


Joined: 17/01/2011
Posts: 3534

Message Posted:
06/02/2012 18:51

OP means original poster

i.e the person who started the thread

Jonesy299


Joined: 07/02/2009
Posts: 367

Message Posted:
06/02/2012 19:32

Ossie - let people give advice. It doesn't need a 3rd party to determine whether it's useful or not (and your comments have been rude in the extreme).



Back to the thread - I would also recommend owners direct or (my favourite) holiday rentals - google the titles and they will come up. You pay an annual fee (approx £200) and you need a property manager or a good friend to arrange cleaning / laundry /preps / repairs etc unless you are doing it yourself (prices are too various to give advice on but plan on spending at least 30 - 35% of your rental fee on costs and overheads).



A member of my family and myself have been renting successfully for a few years.. and yes I go into the tax office and pay taxes due (you can see this on previous threads I have contributed too).



Hope this helps - good luck

Tangerineman


Joined: 08/03/2010
Posts: 318

Message Posted:
06/02/2012 19:36

Exactly

I would also add

1/ Commission rates for referrals vary depending on property type and pricing

2/ Property managers normally charge a fixed fee plus a changeover fee

I pay £50 PCM fixed plus £100 per rental to include a full clean and laundry

padisha


Joined: 09/07/2011
Posts: 131

Message Posted:
06/02/2012 19:48

İ think you should also be aware of the very high electricity prices, if you want to factor in all ongoing costs. Not as though this has anything to do with management charges, unless they are taking meter readings / paying bills /looking after your garden / pool etc etc



Just a thought

Ossie


Joined: 19/01/2008
Posts: 311

Message Posted:
06/02/2012 20:09

Why am I being rude in the extreme Jonesy299? Tangerineman has now given an indication of what charges might be involved.Thats all dreamer asked for and had he given that advise in the begining then I wouldn't have passed a comment.No further comments from me,over and out.