Tenant Selection
We run a ‘no surprises’ operation – below is a general guideline to our operational services.
Ensuring that:
- All tenants are screened
- References are checked
- All required paperwork is completed and lodged with the relevant authorities
- Credit checks are OK – checks are conducted through a specialized credit agency
- Tenants sign a Tenancy Agreement to comply with the Residential Tenancies Act 1986
Rent Collection:
- Rent which is collected in advance
- Establishment of automatic payment facilities
- Ensuring regular rental payments are received
- Initiating remedial action with the Tenancy Tribunal should the need arise
Property Inspection:
- An initial inspection to provide a detailed inventory of the property – photographs available if required
- An inspection one week after letting the property, to follow-up on potential outstanding issues
- Three further inspections per year, each giving you an inspection report, an in-depth management report and projected maintenance schedule (on average a minimum of 4 inspections per year)
- The option of additional inspections on request
- Landlords are provided with a written inspection report each time
General Management Services:
- Marketing & Advertising of Properties
- Bond collection and lodgement with Tenancy Services
- Providing detailed monthly financial statements
- Arranging for minor repairs & maintenance subject to your pre-approved limit
- Arranging for quotes to be presented for repairs above this limit
- Ensuring that disbursements to landlords are done bi-monthly and directly credited to their nominated bank account
Our Fees:
- A Management fee of 8.0% of the weekly rent
- A fee of 8.0% of any on-charged incidental costs like repairs and maintenance
- All costs incur GST at a rate of 15%
- A bulk discount for multiple properties is negotiable
Additional Optional Management Services:
- Additional inspections at $75 (plus GST) per inspection
- Rent Appraisals at $30 (plus GST) per appraisal
- Other costs by negotiation, normally time-based at $60 (plus GST) per hour
Other Benefits:
- Clients are provided with itemised monthly statements
- Annual statements summarising earnings for ease of tax preparations
- Regular rent reviews, to ensure your rental returns are maximised