Marketing
and Advertising
The aim of implementing an effective
marketing program, is to reach as many people as possible, and lease
your property as quickly as possible. At Exclusively Rentals,
we will visit your investment property and provide you with an up
to date expected rental return, and suggest any repairs or improvements
that may help with a successful leasing plan. We will use a combination
of marketing methods to expose your property as you require.
Tenant Selection
As it is essential to find the best
possible tenant for your property, we ensure that not only does each
applicant inspect the property with a staff member, but each applicant
will submit an application form with all references being thoroughly
checked.
Lease Preparation
Once a tenancy has been approved
Exclusively Rentals will prepare and sign all lease
documents with the tenant, lodge bond monies and documentation, and
hand over the keys to the tenant.
Initial Inspection
As part of our service Exclusively Rentals will carry out a thorough initial inspection
of the property - recorded in both writing and photographs.
Periodic Inspections
Throughout the tenancy, Exclusively Rentals will inspect your property to ensure
it is being
well looked after by the tenant. We will also recommend any repairs
or improvements required to maintain the condition of the property.
We will send you a written report of the property with photographs.
Lease Reviews and Renewals
As the fixed term of the tenancy
approaches, we will contact you to discuss future plans with the
tenancy. You may wish us to approach the tenant to sign a new fixed
period lease, or you may wish to leave the tenancy on a continuous
lease.
Rental Reviews
During the life of your investment
property, there will be times that the rent will need to be adjusted
to reflect changes in the market. We will regularly review the
rental amount to ensure you are receiving the full potential from
your investment
in accordance with comparable properties, the vacancy factor at
the time, the general condition of the property, and the relationship
with the current tenant.
Repairs and Maintenance
At Exclusively Rentals
we act on repairs promptly in accordance with your instructions.
Where possible we will contact you with details of each repair,
and are able to arrange the appropriate tradesperson from our large
pool
of qualified and licensed tradespeople to attend the repair. If
we cannot contact you and the repair is urgent, the repair will
be dealt
with immediately to ensure the safety and comfort of your tenant
and property.
Rent Collection
Exclusively Rentals
have made paying rent by tenants as easy and friendly as possible.
Tenants may pay their rent by BPAY over the phone or internet,
or by direct debit. These methods of rent collection greatly reduce
rental arrears, and are preferred by the majority of tenants.
Arrears Control
At Exclusively Rentals
we review rental arrears regularly and if a tenant does fall behind
in their rent, we keep in constant communication with the tenant
and yourself. Action is taken in accordance with our rental arrears
procedure and your instructions.
Tribunal Hearings
At Exclusively Rentals
we will always act in your best interest, and will use our skills
of professionalism and diplomacy to negotiate between the tenant
and yourself for the best outcome in all situations. If an agreement
cannot be reached and a Tribunal Hearing is scheduled, we can offer
a complete start to finish service involving preparation and representation
for you in this situation.
Pre-vacating Inspections
Once a tenant has given notice
to vacate your property, Exclusively Rentals will
carry
out an inspection to determine the current rental value of the
property and recommend any repairs or improvements to ensure a
hassle-free
leasing of the property.
Final Inspection
Once the tenant has vacated your
property, we will carry out a thorough final inspection to ensure
the property has been left in the same condition as the commencement
of the lease, allowing for fair wear and tear.
Liaising with the Tenant
Throughout the tenancy, we will
keep in communication with your tenant to ensure that a good relationship
is maintained. At Exclusively Rentals we believe
in
not only contacting your tenant in times of disagreement or repairs,
we aim at developing a good communication system by thanking and
rewarding tenants throughout their tenancy.
Payment of Outgoings
We can arrange to pay your property
outgoings such as council rates, water rates, levies, insurances
and repairs, in accordance with your instructions. These outgoings
can be paid from the rent collected on your behalf. Paid invoices
are sent with your statement.
Monthly Statements
We provide you with an itemised
statement each month showing all income received and all expenses
paid. The
balance of your rental income is electronically deposited into
your nominated bank account, which you receive as cleared funds.
End of Financial Year
Statements
We produce a summary report of
all income and expenses during the financial year for your investment
property. This End of Financial Year report serves as a convenient
summary to aid you with your tax return.
Insurances
You should ensure that your investment
property is adequately insured for building, contents and public
liability. You may also wish to take out extra cover including
loss of rent, accidental and malicious damage, and legal expenses.
You
should seek advice from your insurance broker or accountant as
to what cover you should have.
Communication and Commitment
At Exclusively Rentals
we are committed to ensuring you receive specialised attention,
reducing any anxiety you may have with the management of your investment
property.
With sound industry and legislative knowledge, we will always act
in your best interest to achieve the best result for you and your
investment. Whether by phone, letter or email, you can be assured
that you will become an important contact in our business.
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