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Landlords

Landlord Information

When you are deciding to Invest in Property you certainly want peace of mind that your most valuable asset is being looked after by trained, qualified, dedicated professionals. Landmark Harcourts Property Management understands the market and we know how to get the best return for you. We strive to relieve any potential stress from owning an investment property, we remain current with legislation and market drivers that effect your real estate investment.

WHY SHOULD I EMPLOY THE SERVICES OF A PROFESSIONAL PROPERTY MANAGER?


A well managed investment can offer many advantages including income and capital growth. Many investors may also be able to use their investment to reduce tax payable on their assessable income.

If you are considering managing your own investment property then it's wise to take into account the following points:
  • Do you possess a thorough understanding and knowledge of The Residential Tenancies Act 1997 in order to maintain a fair and professional relationship with your tenant?
  • How much do you know about the tenant selection process?
  • Do you know how to lodge your tenant's Bond money in accordance with the Residential Tenancies Act requirements and within the required time frame?
  • Do you know the right procedure when dealing with rental payment arrears?
  • Do you have a concise knowledge of The Residential Tenancies Act to effectively represent in court?

A competent Property Manager not only possesses a strong understanding of their role, they continually increase their knowledge of changes to legislation and industry and market trends to ensure all clients achieve the highest level of service at all times.

WHY LANDMARK HARCOURTS PROPERTY MANAGEMENT?

Letting

  • We will undertake comprehensive listings notes about your property.
  • We will have the property photographed and listed on all the real estate web sites that we subscribe to within 48 hours of listing your property for rent.
  • We will schedule viewings of your property as required to all prospective tenant until your home is rented. (Subject to access provided to us by any current occupant.)
  • We will subject all applications to:
  •     * A check on appropriate tenancy databases.
  •     * Verification of applicant's former renting references.
  •     * Verification of the applicant's employment and income.
  • We will refer all potentially suitable applications to you for approval, with your decision being final.
  • We will let your property for the asking amount of rent.
  • We will lodge the bond in accordance with the legislation.
  • We will forward a copy of the tenancy agreement to you.
  • We will have regular contact with you and feedback for you through the process.

Rent Collection

You can expect:
  • We have a zero tolerance rent arrears policy which we outline clearly to all tenants when they are signing their lease.
  • We will follow up all late rent payments in accordance with our management agreement and relevant State Residential Tenancy Act.
  • We will contact you to make recommendation and seek your instructions, should termination of the tenancy be an option.
  • We will keep you informed throughout the legal process, should termination be necessary.

Property Inspections

You can expect:
  • We will undertake a comprehensive Property Condition Report and possibly photograph, prior to the property being occupied.
  • We will conduct routine inspections regularly and provide you with a written report. At these routine inspections we will report to you any repairs or preventative maintenance that may be necessary.
  • We will conduct a comprehensive property inspection when the tenants vacate ensuring it matches with original Property Condition Report (except fair wear and tear).

Accounting

You can expect:
  • We will deposit the net proceeds of your rental income into your nominated bank account once a month as per your management agreement.
  • We will pay all property outgoings as agreed on your behalf prior to due date (subject to availability.)

Maintenance and Repairs

We expect that property owners will undertake recommended repairs to their rental property in order to preserve the value of the property, meet legislative obligations and maintain a positive relationship with the tenants.

You can expect:
  • We will not undertake repairs to your property without first obtaining your approval. NOTE: This excludes emergencies and repairs that are required to be rectified by law.
  • We will contact a trades person within a timely manner for non-urgent repairs.
  • We will attend to any urgent repairs requests immediately.

Tenancy Renewals

You can expect:
  • We will not renew a lease without your verbal/written permission.
  • We will advise you of any tenant that wish not to renew their lease and minimize vacancies by promptly acting on vacate advice.

Rent Review

You can expect:
  • We will regularly review the rent in accordance with the current legislation to ensure you receive the highest rent possible.

What Is The Current Rental Value Of Your Property?