Occasionally I am contacted by travel
agents looking for villas for their clients. Travel agents
are paid on commission as well-- 10% (of a "Cayman Villas" base rate)
On the rare occasion that I may ask you to also pay a
travel agent-- If we have to pay an
introductory travel agent 10% of the "base rate" (as calculated
by Cayman Villas and approved by the Cayman Islands Tourism
Department @ gross rate/1.425 x 10%)-- we reduce our fee to
match that paid to the agent. The result is a slightly higher
total commission (about 14-15% of gross compared to 12.5%)-- but travel agents can
bring us rentals many times for slower months-- I also request
them to try to use agency checks instead of credit cards to control the
overall cost.
Just a reminder-- with rare exception-- the travel agent is
not paid
anything until the villa is paid for in full. I subtract commissions from
the second 50% payment; usually due 60 days prior to occupancy, so that you can
be paid in full no later than 30-40 days prior to occupancy.
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