Tieman Posted September 25, 2010 Share Posted September 25, 2010 We are about to sign up with a rental agency to do our 2011 Summer season rentals and just want to check what % of the actual rental cost received by the agency would be standard for us to end up with?Thanks. Link to comment Share on other sites More sharing options...
Northender Posted September 27, 2010 Share Posted September 27, 2010 We are in the same situation , ours quoting 12.5%I suppose if they do not require exclusitivity and they can provide you with clients who are willing to pay at least 12.5% over what you would have accepted then its a win-win.The 12.5% is just for the marketing and providing bookings,Does your agency provide more? Link to comment Share on other sites More sharing options...
Tieman Posted September 27, 2010 Author Share Posted September 27, 2010 With us the agency will do everything, marketing via their web site, taking all payments, together with checkins/outs and post rental inspections, though no cleaning or laundry is involved.For the above on an exclusive basis, they would take a total of apprx 38% of what the renters pay. We don't know if that size of take by the agency is normal and will ask round other agents when we're down in early Oct before we sign up.Anyone else with experience on an agents fees/take for seasonal rentals? Link to comment Share on other sites More sharing options...
Northender Posted September 27, 2010 Share Posted September 27, 2010 If no cleaning / laundry is provided then presumably this is a another expense.If you are having to employ someone else to provide this then adding post checks and arranging access to their duties or perhaps doing it yourselves would save you in the region of 25% of your rental.Also an exclusive arrangement is a bit tying unless they guarantee a minimum rental income. Link to comment Share on other sites More sharing options...
Ladoix Posted October 28, 2010 Share Posted October 28, 2010 I work for a UK operator, for overseas properties and we charge 10% in high season and 17.5% in low season. This includes all marketing and active selling of your property rather than just listing it. Please PM if you would like more details. Link to comment Share on other sites More sharing options...
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