GETTINGTHE MOSTOUT OFYOUR INVESTMENT
WITH HARCOURTS
CHOOSINGYOUR PROPERTYMANAGER
Choosing to have your property professionally managed is a big commitment. Whether it’ s your first property, the family home, or part of a growing investment portfolio, we know how important it is for you to know your asset is being looked after to the highest standard.
What is the achievable rental amount for my property?
Your Property Manager will advise you on what is currently a fair market rental for your area, based on their market knowledge, current levels of market demand, comparable properties, and statistical data to which they have access to.
Depending on your needs, a higher figure can be attempted, although this might increase your risk of extended vacancy periods. In these situations, regular client feedback will be provided, and advice will be given to adjust the asking rent if required.
Maximising your rent
How we determine the best rent for your property!
1. What is available now
We look at properties currently available for rent and consider their location and features for comparison
2. Demand
Is there high or low demand? This can be seasonal and affected by a number of factors.
3. What we have rented right now
We compare your property with what we have currently rented
THE PROCESS
1. Effective marketing of your property
2. Open for inspections and welcoming prospective tenants
3. Verification of applications
4. Discuss the applications with you to help you make the right choice for your property
5 Share the good news with your tenant
6. Finalise the paperwork
7. Welcome the tenants to their new homes
Taking your property to market
Our key objective is to get as many quality applications as possible and Doing this creates the maximum amount of competition for your property. This ensures you receive the best possible return on your investment for that moment in time. Your rental property is promoted through the following sites: adelaidehills harcourts com au harcourts net realestate.com.au domain com au inspectrealestate.com.au
We keep details of any high-quality applicants that are added to a prospective tenant database When a new property becomes available, it allows us to match a tenant and property immediately. Access to a prospective tenant database ensures consistent occupancy and minimal vacancy periods.
Keeping your home safe
The initial inspection
We provide our investors with a detailed Entry Condition Report. This includes photographs to ensure the condition of the property is accurately recorded for future reference. It’ s an extra reassurance for investors to have a solid record of the property should a dispute ever arise. With access to the latest technology, these inspections are conducted quickly and accurately. Our app allows us to create highly visual reports to keep track of property condition with time-and-date stamps on all images taken including 360° photos
Keeping
your property protected
To manage your property, we require your property to be insured, but it is also essential to protect you from risk Despite thorough screening processes, things can still go wrong This is where Landlord Insurance and Building Insurance come in Any malicious damage is communicated to investors immediately. This is so insurance companies can be notified, and a claim can be lodged If it is considered the responsibility of either an occupant or a third party, our property managers will take photographs and notify the police immediately. They’ll be able to share the police report number with investors as soon as possible and keep full file notes to support any claims
Regular inspections by our property managers help raise awareness of current maintenance issues and inform the landlord of any future work that may be required, allowing landlords to plan accordingly. Items that do require ongoing maintenance on an annual basis include smoke alarms, which is the landlord' s responsibility to maintain compliant and operational in their rental property. We will arrange annual servicing of an investor' s property by Detector Inspector at a cost payable by the landlord. We have all smoke alarms professionally inspected so landlords can be sure to hand over a safe home to their tenants.
Tribunal process and representation
Sometimes mediation and tenancy tribunal hearings are unavoidable. Our property managers are well-versed in local laws and trained to avoid the pitfalls of property management to help ensure your investment is better protected We can represent our investors at tribunal hearings and have access to specialist legal advice and technical support courtesy of Harcourts.
Repairs and maintenance
Providing ongoing care and maintenance to a property is in everyone ’ s best interest. If a property is kept in good condition it’ s then a matter of maintenance, but once it falls into disrepair then it can be much more costly to bring back to life Our team will act quickly but will never proceed with non-urgent repairs without communicating with our investors first.
We also know the value of identifying areas for capital improvement, taking preventative measures against serious damage, and acting fast when required not just for the state of the property but to ensure we keep the tenants safe and happy All maintenance and repairs are handled promptly and professionally, and we only engage qualified, licensed, and insured tradespeople to keep your investment in top condition.
End of a tenancy and bond
When our tenants vacate a property we complete a detailed final inspection prior to any bond being released back to the tenant. Our property investment managers will compare findings against the entry condition report and provide investors with advice in the event of possible disputes, changes, or damages that need to be rectified If there are any discrepancies, other than fair wear and tear, we make it our priority to protect your interests and enter a claim against the bond as quickly as possible
Ask us how we can help you make a saving
Your investment property may be eligible for some tax benefit for depreciation It’ s an area often misunderstood but one where investors can make the biggest savings. We engage the services of Real Property Matters to do this and can arrange a schedule on behalf of our clients.
@harcourts adelaidehills
Harcourts Adelaide Hills Real Estate
adelaidehills.harcourts.com.au 58 Gawler St, Mount Barker SA 5251
Harcourts Adelaide Hills Property Management / RLA203496 / 58 Gawler Street, Mount Barker 08 8393 7900
This document has been prepared to assist solely in the marketing of rental properties While all care has been taken to ensure information provided herein is correct, we do not take responsibility for any inaccuracies Accordingly, all parties should make their own enquiries to verify the information
