02 Sep 2008 1:04 AM:
Hi All,
This is my first post. I was contacted by ready rental property with the same sort of articulated spiel "we need more properties on the books"
At first glance this seems a good idea, somebody else doing all the leg work for a change. However I am a bit warey about handing over the management for at least a year. When I enquired what their prices for gardening and pool maintenace they could not provide any figures. I was told that the initial cost would be around 1100euros which would be returnable if no bookings were made, but I could expect around 17 weeks of rentals a year but with no promises. I've managed to surpass that figure on my own. What also concerns me is that I can not find any terms and conditions about the contract. Has anyone seen these?
In theory if I signed up, i would be paying 1100 euros and if no bookings started to appear from the partner companies then I would have to find my own. So every booking I make i will also have to pay 5% to ready rentals, also have to pay the maint fees and they would keep the 1100E as I have taken bookings. therefor they get money for doing nothing.
This is just my take on the situation and I would love to be proved wrong and hear from anyone who is using them and is seeing good returns. Apparently they are partners with the onholidaygroup, who also ask for rentals so it might be worth speaking direct to them.
Thread:
Heard of Ready Rental Property???
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