For residential property owners

Tenant Placement & Property Management

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

Choose the support that fits your property.

Tenant Placement

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.

Rent Administration

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.

Full Property Management

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.

Multiple-Unit Management

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

Additional Information

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

How it works

  1. Tell us about your property
  2. We agree the service and sign a management agreement
  3. We market and place a tenant
  4. We manage and report to you monthly.

A few details

Frequently asked questions

What is the Tenant Placement price and what does it include?

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.

What does Rent Administration cost and include?

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.

What minimum fee applies to Full Property Management?

A minimum monthly fee of TT$500 per occupied unit applies.

Does a percentage management fee apply while a property is vacant?

No percentage management fee applies while a property is vacant. Vacant-property inspections and upkeep coordination can be arranged at an agreed fee.

What determines multiple-unit rates and minimum fees?

Rates and minimum fees depend on the number of units, location and management requirements.

What are the steps in the process?

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

Discuss your property management requirements.

Request a personalised quotation

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