Property Management Overview
Ray White Seaforth joined Lionel Busquets Prestige in May 2009 and has continued to be one of the Lower Northern Beaches leading real estate businesses.
The company is lead by Lionel Busquets who has over 20 years experience in the area of Prestige Marketing with total sales exceeding $600million and Judith Rappell-Busquets heading the Property Management team in managing our investors portfolio’s from the Inner City to Collaroy and all areas in between of the Lower Northern Beaches.
Our office presently manages a portfolio in excess of $150million, which is growing by the day.
Our Property Management Department operates on a shared management system which ensures your property is covered by both of our Portfolio Managers who are accountable for all facets of your property's needs and enables you to have contact with the Managers who maintain a close involvement with your investment.
Our Commitment
"Our commitment is to manage your property ensuring the best possible return and keep you fully informed at every stage of the management process"
Lionel Busquets and Judith Rappell-Busquets, RAY WHITE SEAFORTH
Property Management Overview
Leasing/Management Agency Agreement
By law we are not permitted to undertake any leasing or management activities unless the appropriate Agency Agreement has been entered into.
Tenant Selection
We always endeavour to select the best possible tenant for your property by doing extensive reference checking which includes confirmation of employment, confirmation of identity, past rental history and ability to live and work in Australia. Privacy laws restrict the credit or financial enquiries we are able to make.
Tenant Agreement And Bond Lodgement
Once a suitable tenant has been found we attend to the preparation of the Residential Tenancy Agreement and the lodgement of bond monies to the Rental Bond Board.
Rental Collection
Our automatic electronic transfer system substantially reduces late payments, we do not accept personal or company cheques, only Bank cheques.
Property Inspection
Prior to the tenant moving in, and on a regular basis thereafter, your property is inspected to ensure that it is being properly maintained. We provide you with a written report after each periodic inspection.
Arrears Control
Our Property Managers print out daily arrears lists ensuring that arrears never get out of hand. They are also well versed in the necessary procedures to ensure that tenants abide by all the terms and conditions of their lease.
Repairs And Maintenance
Repairs are carried out strictly in accordance with your instructions. Urgent repairs to an essential service are dealt with immediately in order to mitigate any possible loss. We also have access to a professional team of competent and reasonably priced tradespeople who are nominated on our Tenancy Agreements. You have the choice to nominate your own preferred tradespeople instead if preferred on our Exclusive Management Agency Agreement.
Statutory Disbursements
Payment of all statutory accounts such as Council Rates, Water Rates and Strata Levies can be paid from rental monies received on your behalf. Any excess water usage is automatically invoiced to the tenant and reimbursed to the landlord.
Rental Reviews
We ensure that you receive full market rental for your property and regularly assess this, taking into account such factors as current market rentals, vacancy rates of similar properties in the area, the general condition of the property and the quality of the tenant and the length of their tenancy. Any increases are referred to the landlord for final approval.
Monthly Accounting
Each month we forward to you a detailed rental statement for your property. Rental monies can be deposited directly into your bank account via Electronic Funds Transfer ensuring immediate access to cleared funds.
Financial Year Statements
Our office provides a full annual financial year statement as at 30 June, listing all income and expenditure in relation to your property. All Invoices paid during the Financial Year are scanned so that we provide you with complete backup documentation with your Annual Statement. This is of great assistance to you or your accountant when completing and lodging your tax return.
Insurance
It is vital that your investment property is adequately insured. Several insurance packages are available specifically tailored to meet landlord's needs, including such items as loss of rental income and malicious damage. We are happy to advise and arrange in this regard on your behalf.
Legal Requirements
Our Property Managers will ensure all Government Legislation requirements relevant to your property investment are fully complied with.
Our Website and The Internet and Marketing
Our marketing includes window display, signage at the property (subject to approval) plus 5 internet websites a major source of rental enquiries.