Frequently Asked Questions
As managing agents what is a basic outline of the tasks that you will perform on my behalf?
As managing agents for your valuable investment property Ray White Seaforth our role will include the following:
- Initial leasing process - outlined below
- Tenant selection
- Ingoing inspection
- Lease signing
- Collection and lodgement of bond
- Collection of rent throughout tenancy
- Arrears control
- Periodic inspections
- Repairs and maintenance
- Payment of strata levies, council rates and any other costs to the property
- General tenant liaison
- Strata liaison
- Outgoing inspection
- Bond release
- Re-letting of property
What does the leasing process involve?
When you have chosen to engage Ray White Seaforth as your managing agent we will follow the steps below in order to lease your property as quickly as possible to the best possible tenants;
- Rental appraisal is completed on the property
- Photos taken at property (professional photography optional)
- Advertisement composed and approved by landlord
- Property advertised online and for lease sign erected at property
- Enquiries taken by leasing consultant
- Open for inspections & private appointments arranged to view property
- Application/s received
- Application processed by leasing consultant (see below for process involved)
- Application presented to landlord by property manager
- Application approved or declined by landlord
- If approved a deposit is taken, the lease start date is set and lease sign up date is arranged
- Ingoing inspection completed
- Tenant signs lease, pays bond and rent and moves into property
As managing agents what checks do you perform on applicants to ensure I have the best quality tenant placed in my investment property?
Once an application has been received from a potential tenant the following checks are carried out before the application is presented to the landlord for approval;
- Rental reference: If the applicants' most current address is a rental property we contact their property manager to discuss the tenancy. Confirmation of the rental amount paid, any arrears, the condition of the rental property and the reason why the tenant are moving are all discussed as part of the rental reference. If the applicant has owned their own property we take copies of their rates notice to confirm ownership and sight photos of the property if possible.
- Employment reference: The applicants' current employer is contacted to confirm salary and length of employment, payslips can also be sighted. If the applicant is self employed copies of tax returns are taken and contact with the applicants' accountant is made to confirm annual income.
- Personal Reference: Contact is made with a personal friend listed by the applicant
Would you like a rental appraisal conducted on your property?
Would you like to know how much your investment property or home would rent for in the current rental market?
Contact us for an obligation free rental appraisal today!
Judith Rappell-Busquets 0419 230 944