PROPERTY MANAGEMENT
Property Management with Rent Ezy
Our Property Management team understand the care of your property and optimising your return is what’s most important to you. In this section, we outline the services our team of expert Property Managers are committed to providing you as a landlord and investor.
LETTING
1. We will undertake comprehensive listing notes about your property.
2. We will have the property photographed where appropriate and an advert composed. We will have the property listed on all the real estate websites that we subscribe to.
3. We will schedule viewings of your property as required to all prospective tenants until your home is rented. (Subject to access provided to us by any current occupant)
4. We will erect a “For Rent” sign (if appropriate) on your property at the time of listing (upon request and if signs are permitted).
5. We will subject all preferred applications to:
•A check on the appropriate tenancy databases.
•Verification of applicant’s former renting references.
•Verification of the applicant’s income.
•Conduct a credit check on the preferred applicant’s
6. We will ( unless instructed otherwise ) refer all potentially suitable applications to you for approval.
7. We will let your property for the asking amount of rent. (as outlined in your management agreement with us). We will not let your property at a lower amount, without first obtaining your permission.
8. We will complete and execute the tenancy agreement and give the tenants possession of your property once the rental applicant process has been approved.
9. We will complete and execute the tenancy agreement and explain in detail their responsibilities and obligations.
10. We will secure all appropriate ingoing costs from the tenant.
11. We will lodge the bond in accordance with the legislation.
12. We will forward a copy of the tenancy agreement to you (if requested).
13. We will have regular contact with you and feedback for you throughout the process.
The risks of managing your own investment property?
If you are considering managing your own investment property, then it’s wise to consider the following points:
1. Do you possess a thorough understanding and knowledge of The Residential Tenancies Act 1986 in order to maintain a fair and professional relationship with your tenant?
2. How much do you know about the tenant selection process?
3. Do you know how to lodge your tenants’ bond money in accordance with the Residential Tenancies Act 1986 requirements and within the required time frame?
4. Do you know the right procedure when dealing with rental payment arrears?
5. Do you have a concise knowledge of The Residential Tenancies Act 1986 to effectively represent in a Tribunal?
6. Could you successfully terminate your tenancy and recover possession of your property without the need to go to Tribunal?
7. Could you complete a valid Property Condition Report with enough detail to stand up in Tribunal if necessary?
8. Do you know the correct procedure when the tenant has absconded and abandoned goods remain at the property?
9. Would you be able to recover any outstanding debts?
Tenancy Process
1. Property compliance
It is very important to ensure that the property is legally compliant for rental purposes. Our property managers know the ins and outs of what is required and can help you make this process easy and straight forward.
• Insulation statement and mandatory requirements
• Statement of intent to comply with the healthy homes standards
• No meth contamination – test recommended
• Heating requirements
• Smoke alarm requirements
2. Preparing your property for tenancy
• Our property managers will help assist in any organisation of professional work or assessment needed to ensure everything is compliant
• You will be talked through preparation recommendations that will benefit the quality of the tenancy period for you and your tenants.
• Our property managers will then professionally market the property with quality photography, thorough descriptions, and using the most effective advertising platforms.
• Our team is trained to carry out market rent analysis, following certain procedures to maximise your rental return.
3. Finding great suitable tenants
• Investing quality time and work into marketing the property will lead to attracting quality tenants. Showcasing the property as a healthy and enjoyable environment shows them you have made an effort to look after their wellbeing, and in turn they are likely to look after your investment. But we don’t just stop there…
• We have reliable partners with extensive databases and company procedures that allow us to carry out thorough background and credit checks to ensure maximum confidence in tenants.
4. On-going management of the property and communication with landlords and tenants
• We believe there is no tolerance for rent arrears. Our procedures take advantage of the landlords rights in accordance with the Residential Tenancies Act, and we follow up on rent arrears quickly and effectively.
• Our property managers will carry out friendly and prompt communication with all parties to assist in maintenance issues or any other problems. Only fully licensed and insured trade companies or contractors will be used, to protect liability.
• The service also includes our managers conducting regular inspections based on your specific insurance needs. And at no extra cost!
Get in Touch
Ideal for portfolios of every size, Rent Ezy is the key to an effectve and efficient property management business