Well, a person wants to rent an appt in a particular building (lets call it "los B"). Willing to pay $1000 a month. He contacts a big property management company (lets call it "A") and gets an answer - nothing is available for $1000, only for $2500.
The person arrives in Sosua, stays for two days in a cheap hotel, visits the building in person ( to see that of 15 identical appts only 3 are occupied/rented), speaks to people who work there, and gets in contact with some real owners who are VERY happy to rent out for $1000 and the person happily lives there since then. For $1000 US a month plus electricity.
When been asked owners of the appts say that the pmc "A" never informed them of anyone interested to rent for $1000, instead just kept saying that there is neither interest nor renters.
Obviousely pmc "A" (and some others like them) does it trying to preserve artificially high rent prices and their high commissions.
But this is not THEIR appts. In my understanding , they betray interests of owners who instead of getting a $1000 monthly income have nothing but to pay $300 maintenance fee.
Is this practice of propety management companies acceptable from moral and legal point of view?
Can they be trusted to "manage" my house or appt in my absense if they reject renters without letting me know first?
Can this company "A" be sued by an owner for withholding and keeping in secrecy from the owner a vital financial information?
It would be helpful to hear opinions and insights of respected and experienced DR1 members.
The person arrives in Sosua, stays for two days in a cheap hotel, visits the building in person ( to see that of 15 identical appts only 3 are occupied/rented), speaks to people who work there, and gets in contact with some real owners who are VERY happy to rent out for $1000 and the person happily lives there since then. For $1000 US a month plus electricity.
When been asked owners of the appts say that the pmc "A" never informed them of anyone interested to rent for $1000, instead just kept saying that there is neither interest nor renters.
Obviousely pmc "A" (and some others like them) does it trying to preserve artificially high rent prices and their high commissions.
But this is not THEIR appts. In my understanding , they betray interests of owners who instead of getting a $1000 monthly income have nothing but to pay $300 maintenance fee.
Is this practice of propety management companies acceptable from moral and legal point of view?
Can they be trusted to "manage" my house or appt in my absense if they reject renters without letting me know first?
Can this company "A" be sued by an owner for withholding and keeping in secrecy from the owner a vital financial information?
It would be helpful to hear opinions and insights of respected and experienced DR1 members.
