Option 1 - Monthly Administration:
This option is finding, credit vetting and placing the tenant(s) as well as a full management function including documented pre and post inspections.
3.5% (ex VAT) for the tenant procurement (finding tenant) [Minimum of R 1,500 (ex VAT) charged]
8.5% (ex VAT) for the monthly administration (see clause 3.8) [Minimum of R 350 (ex VAT) monthly charged]
12% (ex VAT) of the value of the lease
Note: We do charge a minimum Procurement of R1500.00 (ex. VAT). We also charge a minimum Monthly Admin Fee of R350.00 (ex VAT). Your own Rental Amount and Lease Term will determine your Commission Fees.
Option 2 - Once Off Procurement
This option means only finding and credit vetting the tenant on behalf of the LANDLORD. No administration or collection is done by ONLY RENTALS. The LANDLORD has to arrange payment of rent directly from the tenant. ONLY RENTALS will however collect the deposit and 1st month rent.
Note: Your own Rental Amount and Lease Term will determine your Commission Fees.