What is the usual commission realtors in the Dominican Republic charge?
Realtors in the Dominican Republic normally charge between 6%-10% commission. This is negotiable most of the time. I want to rent my investment vacation home in the Caribbean and have been asked for a guarantor who is legally liable for paying my rent in the Dominican Republic. If I am a new arrival and don’t know anyone how can I get around this? Sometimes making a six-month security deposit will work. In tourist areas, property owners will be more flexible because most of the newly arrivers will of course not have local guarantors. In Santo Domingo, it is difficult to rent without a guarantor.
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