Also remember that the large number of properties that will be online in similar time frames in Cambodia, around 2017 and 2018, will readjust the supply of the rental market and, of course, will suppress demand. Wholesale rentals can be negotiated directly between homeowners and property managers. Such contracts can be good if the parties trust each other, and the figures are easily agreed upon.  In the words of the layman, GRR is a future rental income guaranteed by the developer or management company to the purchaser of real estate for a period contractually agreed upon after the signing of the sale agreement. A guaranteed rent is a transaction in which a party who wants to acquire a property to rent in the retail trade (i.e. at night or week), usually a property manager or an apartment manager, rented by the owner of the property a large block of time, usually several months or even several years. Through the transaction, the purchaser makes available to the owner of the property a guaranteed sum over the duration of the contract. The purchaser then has the right to lease the property on a retail basis and to retain all related income. This transaction is popular with parties who try to defer the risk and/or administrative burden associated with the rental of real estate.   Many developers come from catering, so they have the know-how to fulfill their tenant guarantees by doing their development as many international hotel brands would. If you decide to sell, you will also be limited to buyers who will be primarily investors. Sellers will also compete with developers who offer higher rental yields with recent developments.
The purchase agreement (SPA) is covered by the Real Estate Development Act (CONTROL LICENSING) Act (HDA) and its regulations, but not the GRR system. Therefore, if there is a case, it will be brought to the civil court because the housing court is not competent. You should also be aware that some developers require the purchase of furniture packages that are not always included in the price on which guaranteed returns are offered. Property owners and property managers can also make their mark in wholesale rental markets. Through these marketplaces, property managers compete with each other by getting paid the price offered and, ultimately, by paying landowners. By creating a price for real estate rental weeks, these marketplaces often allow property owners and property managers to agree and sign wholesale leases.  Six points to check before buying a property with rent guarantees. GRR, also known as Leaseback, Buy-to-let or Cash Back, is the result of developer creativity to enthuse investors with a GRR scheme on real estate to be built such as condominiums, hotel, mall, shop, holiday real estate, etc. Under the plan, developers agree to pay guaranteed rents to buyers as a percentage of the purchase price for a specified period.