What determines the rent for my property?

Ultimately the rental market. We use our marketing skills, analysis and judgment to optimize rents in accordance with our goals.

How is my revenue handled?

All revenue collected excluding the monthly management fee and the leasing commission as well as all other related expenses will be deposited in a secured bank account and our Accounting Department will provide you with a detailed computerized statement.

Who pays for maintenance and repairs to my property?

The owner pays for maintenance and repairs. Because we deal with a large volume of property, we can normally contract at a considerable savings to you for repairs and maintenance. We save you money whenever possible.

Who pays for the standard marketing of my property?

All standard advertising costs are covered by Playa Property Management, which includes Website listings and maintenance. However, for optional marketing information see the “Optional Services Section”.

Who will manage my website?

Playa Property Management will create, service, manage your website listing by always keeping it updated with photos, rates, availability calendar etc.

Are management fees tax deductible?

Generally, as a direct expense item. However, you should confirm with your tax advisor as your specific situation may be different.

What is typically involved in preparing a property to be rented?

You should expect to make the property appealing to guests. This may involve painting or patch work, carpet cleaning, and minor repairs. Your property will rent quicker and demand a higher rental value if it is in good condition.

How do we decide which unit will be rented?

All units will be advertised on HomeAway.com, once we receive an inquiry if that particular unit is not available we will advise the guest of our other units based on a rotation cycle and based on availability.

What happens if I wish to terminate my contract with Playa Property Management?

If for any reason, either party is not in agreement and wishes to terminate the relationship, we ask that you send us a request in writing and allow us 60 days.