For residential property owners
At Park Place Realty & Property Management, we help property owners find tenants and manage their long-term residential rentals with clear pricing and dependable support.
Services and pricing
One Month's Rent
Includes property marketing, handling enquiries, arranging viewings, screening prospective tenants and coordinating the move-in process. A one-time commission equivalent to one month's rent applies when a new tenancy is secured.
6% of Monthly Rent Collected
For owners who handle their own maintenance and inspections. Includes rent collection and payment reminders, follow-up on overdue payments, and monthly owner statements.
10% of Monthly Rent Collected
Includes rent collection and arrears follow-up, tenant communication, routine maintenance coordination, obtaining repair quotations and owner approvals, quarterly inspections with reports, and monthly owner statements. A minimum monthly fee of TT$500 per occupied unit applies.
Negotiated Rates of 8%–9%
Tailored full-management packages for owners with several rental units. Rates and minimum fees depend on the number of units, location and management requirements.
Before you choose
Tenant placement fees are separate from monthly management fees. Repairs, materials and contractors' charges remain the owner's responsibility. Major renovations, extensive project supervision and legal services are quoted separately. No percentage management fee applies while a property is vacant. Vacant-property inspections and upkeep coordination can be arranged at an agreed fee.
The process
A few details
One Month's Rent. Includes property marketing, handling enquiries, arranging viewings, screening prospective tenants and coordinating the move-in process. A one-time commission equivalent to one month's rent applies when a new tenancy is secured.
6% of Monthly Rent Collected. For owners who handle their own maintenance and inspections. Includes rent collection and payment reminders, follow-up on overdue payments, and monthly owner statements.
A minimum monthly fee of TT$500 per occupied unit applies.
No percentage management fee applies while a property is vacant. Vacant-property inspections and upkeep coordination can be arranged at an agreed fee.
Rates and minimum fees depend on the number of units, location and management requirements.
Tell us about your property; We agree the service and sign a management agreement; We market and place a tenant; We manage and report to you monthly.
Park Place Realty & Property Management
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