Why The Market Place Realty?

 

20 WAYS WE ADD VALUE IN CARING FOR YOUR INVESTMENT!

  1. PROFESSIONAL MARKETING
  2. CAREFUL TENANT SELECTION
  3. THOROUGH DOCUMENT PREPARATION
  4. INITIAL INSPECTION & REPORT
  5. REGULAR INSPECTIONS
  6. FINAL INSPECTION
  7. PROMPT RENT COLLECTION
  8. STRICT ARREARS CONTROL
  9. REPAIRS & MAINTENANCE
  10. TIMELY PAYMENT OF OUTGOINGS
  11. MARKET RENTAL REVIEWS
  12. LIASON WITH THE TENANT
  13. ACCOUNTING TO YOU
  14. SOLVE TENANTS DISPUTES
  15. ANNUAL FINANCIAL STATEMENTS
  16. REGULAR COMMUNICATION
  17. SALES – VALUE UPDATES
  18. LEGAL REQUIREMENTS
  19. INDUSTRY AFFILIATIONS & TRAINING
  20. COMMITMENT

SERVICE YOU CAN EXPECT FROM US!

LETTING THE PROPERTY

  • Assess the rent based on market conditions at the time
  • Marketing your property
  • A well-planned and executed marketing strategy is critical to achieving a rewarding return on your investment. The Market Place Realty team can determine the best methods to suit you and to promote your property. It is no surprise that a well presented property will provide the best selection of prospective tenants. We will assist you in ensuring that your property is publicly presented in the best possible light !
  • Marketing will include advertising the property in the newspaper, on our rental list ( given out daily ) details given to tenants on our wait list , details and photos promoted on the internet
  • Property details and photos put on our web site, www.marketplacerealty.com.au, www.realestate.com.au, www.rent.com.au and www.reiwa.co.au
  • Professional photography - 1st impressions are lasting one’s, we can arrange to give your property the edge!
  • "For Lease" sign erected on property upon owner's approval "with our compliments"
  • Photo signs can also be arranged as an option to enhance your properties appeal!
  • Prospective tenants given information on the property and appointments made to view.
  • Open the property for inspection; meet prospective tenants on site, flexible hours to suit tenants who may only be able to view after work
  • Feedback to the owners further to viewings and enquiries to keep them up to date
  • Receive and process applications
  • Check applicant’s details through TICA, Tenancy Information Centre of Australia & New Zealand along with NTD, National Tenancy Database to ensure they do not have a history of tenancy arrears or damage.
  • Convey suitable applications to the owners
  • Prepare the necessary legal documentation
  • Ensure all documents are signed and executed correctly
  • Receipt all monies into our trust account
  • Lodge the Bond monies in accordance with the Residential Tenancies Act,
  • Provide the tenant with a record of the Bond account, and
  • Provide the tenant with a copy of the Tenancy Agreement.

MANAGING A RESIDENTIAL PROPERTY

  • Provide a landlord’s instruction sheet that incorporates appropriate instructions from the owner for attending to requests for maintenance and repairs, disbursement of net rent, insurance payments and any other payments.
  • Collect rental payments in accordance with the tenancy agreement.
  • Pay authorised accounts and statutory charges.
  • Disburse the net rent to the owner on a monthly basis with a statement detailing all outgoings, owners funds electronically banked if required.
  • Prepare annual revenue and expenditure statements.
  • Pay rates, insurance premiums, body corporate fees (if applicable) and/or any other payments as instructed.
  • Establish and maintain property and rental records on property management program
  • Conduct an agreed schedule of regular inspections of the tenanted property.
  • Advise the owner of maintenance requests from tenants:
  • Organise maintenance and repairs and notify owner accordingly
  • Prepare specifications for trade’s people.
  • Arrange quotations for repairs and maintenance.
  • Pay trades people’s accounts.
  • Confirm completion of works to a satisfactory standard.
  • Undertake project management of capital repairs and improvements.
  • Administer rental reviews in line with market conditions and lease expirations.
  • Arrange insurance cover as directed and oversee any insurance claims.
  • Prepare applications and serve notices in compliance with the relative legislation and/or the tenancy agreement.
  • Represent the owner at Court Hearings or Strata Company meetings.
  • Undertake inventory/property condition reports.
  • Keep abreast with changes in legislation that may affect the owners investment.