REAL ESTATE

Rental Managers Answer Some Frequently Asked Questions

Monday 9 December 2019, 10:00PM
By Beckie Wright
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Rental Managers have been operating their services in the Lower Hutt, Upper Hutt and Wellington regions since 2004, and are happy to answer all the questions they get on the FAQ page, starting with, “How much does it cost to get my property managed?” Rental Managers explain they have three different options available for you to choose: 6%, 8% or 10% + GST. They will discuss with you the best option for your situation.

Rental Managers is committed to providing a cost effective property management service for landlords, and the following services are all included within their management fee:

  • Promotion of your property via the website
  • Tenant screening and selection
  • Bond collection and lodgement
  • Rent collection
  • Payment of rent collected and financial reporting monthly
  • Arrangement of property repairs and maintenance as required and agreed
  • Rent reviews
  • Arrears and dispute management

Another frequently asked question is, “How often do you do property inspections in Wellington and do they cost?” Inspections are undertaken at the start and end of each tenancy and at 12 weekly interviews as required by most insurance companies. The management option you have selected will have a bearing on the charge of each inspection.

People also often ask, “When do you undertake viewings?” Rental Managers

regularly obtain statistics from Trade Me for Viewing Tracker and find that viewings set between 4 pm and 6 pm get a significant increase in bookings versus viewings undertaken before 4 pm. They have found that the most popular times are Monday to Thursday 4 pm to 6 pm. Saturday 11.00 am to 1.00 pm . If  day viewings are required they have found that Wednesday 12.00 pm to 1.00 pm works best.

Rental Managers understand the financial implications of an empty property so they aim to be 100% pro-active in the marketing of properties they are entrusted with. In their experience they have found that the key to a successful ‘let’ is selecting the correct tenant and thorough referencing of each applicant. Requesting their full management service will ensure that your property investment is looked after by experienced professionals.

As they say at Rental Managers, “Our goal is simply to be the best property management company in the greater Wellington area”, so for more information on pre tenancy application forms, property management Wellington and please go to https://www.rentalmanagers.co.nz  .