Ritch Realty Ltd.
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Property Management

Our goal is to provide you with first class service and peace of mind for stress-free ownership of your income property. Our Full Service Property Management service is the solution for owners that want a professional company to handle the responsibilities that a rental property requires. We handle everything associated with the rental of your property and tenant relations. As your property manager we represent you, the owner, throughout the lease period and enforce all terms of the lease. Our property management services include:


Initial Visit - We want to meet with you (if possible) to view the property, discuss any concerns, and complete a property evaluation and market analysis to help determine the appropriate lease rate for the property.


Lease - We handle all the necessary paperwork associated with the leasing of your property and ensure compliance with applicable local laws. Our staff expedites the rental of your unit/s to qualified and approved tenants as quickly and efficiently as possible. Working alongside with other realtors as well as our own staff, we advertise and share rentals so that they are viewed as a multiple listing for more traffic flow. We also prepare a complete inventory list before and after a tenancy.
 

Maintenance - We have skilled tradesmen and suppliers available to service your property’s needs. Our Vendors are loyal to us, very responsive, and trustworthy providing 24-hour emergency responsiveness. All repairs upwards of CI$500 will not be executed without approval from the Owner.
 

Financials & Statements - Detailed accounting using Quickbooks for all income and expenses for your property are provided on a monthly basis. Our statements are easy to read and provide you with a quick snapshot of your property details for the past month and are emailed saving time and paper.
 

Advertising - Our marketing is comprehensive and includes websites such as Myigloo.ky, Ecaytrade.com, Ecayonline.com, Caymanrentals.com, CaymanPal.com and RitchRealty.ky. We also run ads in local magazines and newspapers and email our weekly rental list to all local rental real estate agents.
 

Management Fees - Our fees are based on the monthly rental amount and are due monthly as long as the property is tenanted. We currently offer:
 

Rental Fee equal to one month’s rent
 

Rentals up to CI$5000 = 8% to 10%
 

Rentals above CI$5000 = 5% to 8%
 

Multiple Properties & Complexes are priced individually depending on the condition of property
 

Representative at Strata Meetings = CI$250
 

Lease Resigning Fee = CI$250