Comparison of the options and frequently asked questions
Partner, Partner+ and Garant side by side, including a comparison with an estate agency, and below the table the answers to what owners ask about most often.
Three management options
and a comparison with an agency
An estate agency will find you a tenant, but the management, the risks and the worries stay with you. Partner and Partner+ mean market rent with a certain amount of risk, Garant means certainty.
All options include complete management: finding and screening the tenant, contracts, apartment handover, utility transfers, free household insurance, reminders, the annual statement, inspections, arranging repairs and maintenance and a nonstop emergency service.
¹ Manager's guarantee: up to one monthly rent for every 24-month period of the contract — it covers vacancy and any unpaid rent; the terms are part of the management agreement.
² Estate agency: tenant brokerage only, for a one-off commission (usually one month's rent + VAT) — management, reminders, maintenance and all risks stay with you. And every time the tenant changes you pay the commission again, possibly every year.
Three management options
and a comparison with an agency
An estate agency will find you a tenant, but the management, the risks and the worries stay with you. Partner and Partner+ mean market rent with a certain amount of risk, Garant means certainty.
Agency² 1 month’s rent+
Partner 12 % of net rent+
Partner+ 14 % of net rent+
Garant 18 % Guaranteed regular income and cover against non-paying tenants.+
All options include complete management: finding and screening the tenant, contracts, apartment handover, utility transfers, free household insurance, reminders, the annual statement, inspections, arranging repairs and maintenance and a nonstop emergency service.
¹ Manager's guarantee: up to one monthly rent for every 24-month period of the contract — it covers vacancy and any unpaid rent; the terms are part of the management agreement.
² Estate agency: tenant brokerage only, for a one-off commission (usually one month's rent + VAT) — management, reminders, maintenance and all risks stay with you. And every time the tenant changes you pay the commission again, possibly every year.
Frequently asked questions
Questions about the individual options are on their own pages. Did not find your answer? Get in touch and we will gladly go through it with you.
How much do your services cost?+
Partner 12% and Partner+ 14%: we calculate the fee from the rent actually received, excluding advance payments for services. Partner+ also includes the manager's guarantee, which covers a shortfall of up to one month's rent for every 24-month period of the contract. With the Garant service we pay you the agreed rent every month, even when the apartment is vacant or the subtenant fails to pay. When the contract is signed, the agreed rent equals 82% of the estimated market rent, and a lower actual sublease rent does not reduce it.21% VAT is added to the fee for the Partner and Partner+ services.
What is the difference between an estate agency and apartment management?+
An estate agency finds a tenant, signs the contract and its work ends there. We check the applicant's creditworthiness, monitor payments, handle repairs, communication with the SVJ and the tenant, inspect the apartment regularly and, if needed, recover unpaid rent. We are after long-term cooperation, not a one-off deal.
Will a fee be charged even when the apartment is empty?+
No. With Partner and Partner+ we charge our fee only from the rent actually paid; when the apartment is not occupied, you pay nothing. With Garant you always receive the agreed rent. On average we fill an apartment within 14 days.
Can I hand the apartment over to management even if tenants are living in it?+
Yes. We introduce ourselves to the existing tenant, explain our role and hand over our contacts. From that moment we take care of everything around the tenancy.
What if the apartment cannot be rented out?+
At the right price every apartment finds a tenant; the higher the rent you ask for, the longer it takes. Our fee depends on occupancy, so we have the same interest as you. If it takes longer, we will go through the next steps with you.
Do you recommend offering the apartment furnished or empty?+
Basic equipment works best: a kitchen unit with appliances, storage space and lighting. The tenant arranges the rest, or we can arrange the purchase and installation of furnishings by agreement with you.
Who pays the SVJ fees and the utilities?+
The SVJ (owners' association) fees stay with the owner; by agreement we can send them for you. We recommend transferring the utilities to the tenant, who pays them to us together with the rent as advances for services.
Is it worth it when I collect more renting directly?+
In our experience, yes. About 20% of landlords deal with non-paying tenants; add to that the empty months between tenants, the agency commission and roughly 60 hours a year spent on the apartment. You can work out the exact figures for your apartment in the rental yield calculator.
What if the apartment is rented out for more than we agreed?+
With Partner and Partner+ you get more: our fee is a percentage of the rent actually paid and we treat the agreed rent as a minimum. With Garant it also holds: if we achieve a higher sublease rent, you receive half of the difference above the expected sublease rent on top. We do the same when the rent goes up over time.
How do you screen tenants?+
We screen each applicant through the SOLUS partner service, the public Central Register of Enforcement Proceedings (CEECR) and the insolvency register. We meet each applicant in person. At the start of our cooperation, we discuss your expectations of a tenant and respect them.
What will you need from me at the start?+
The schedule of monthly advances, contacts for the SVJ and the managing company, the electricity and gas invoices, appliance manuals, keys to the apartment and the common areas, and ideally the energy certificate and the floor plan as well. You will then see everything essential in the client zone.
I see higher prices on property portals. Why do you offer less?+
Portals show asking prices; the rents actually agreed tend to be lower. Our estimate is based on the rent map and on the more than 300 apartments we manage. Even so, it is in our interest to rent your apartment for the highest price the location will bear.
Do I have to be present at the viewings and the handover?+
You do not. Our manager takes care of the viewings, the handover and showing the tenant how the appliances work, and documents everything in a handover protocol with photographs.
Who will communicate with me?+
Throughout the contract one manager who knows your apartment looks after you. You submit requests in the client zone and follow their status; e-mail, the phone and the round-the-clock emergency line for tenants are available too.
Not sure which option is right for you?
At a no-obligation consultation we will calculate the numbers for all three options and recommend the one that makes sense for your apartment.