Property Management.
At Walters & Co Realty we offer a full End-to-End Property Management service.
Read on to see some of what is involved at each milestone.
-
1. Marketing
If your property is vacant, your journey starts with marketing. This involves:
Arranging professional photography and producing a video tour to accompany your advert
Writing your advertisement to highlight the features of your property, publishing to popular portals such as realestate.com.au
Conducting public and/or ‘by appointment’ home opens to allow prospective tenants to determine if your property is right for them
Processing applications from prospective tenants
-
2. Leasing
At this stage you have some applications to choose from. The next steps we’ll assist you with are:
Selecting an application to proceed with
Preparing a lease agreement, taking into consideration any special requests by the tenant (that you have approved) and any special conditions that need to be imposed on the contract
Collect a bond and lodge with the Bond Administrator
Produce a Property Condition Report (and Inventory Report if required) in preparation for your new tenant moving in
-
3. Handover
This is the exciting part for you and your new tenant. From here we will:
Meet your tenant at the property to hand over the keys to their new home
Sign a key receipt as a record of all access devices that have been provided
Conduct a walk through and answer any questions your tenant may have about the house - including how to operate alarms, reticulation and other important items
-
4. Daily Management
Now that you have a tenant, our daily routine activities commence. This includes:
Collecting rent and any other funds due to you from your tenant (eg. water consumption)
Conducting routine inspections of the property (maximum of 4 per year) to check on general wear & tear, required maintenance and whether the property is being cared for appropriately
Negotiate lease variations and renewals when required
-
5. Maintenance
It’s a fact of life that all things deteriorate over time and houses are no exception! To reduce the impact of this we will:
Assess your property for a range of preventative maintenance actions
Check for required maintenance during routine inspections
Encourage your tenants to contact us when maintenance is required
Arrange repairs as required and in accordance with your instructions
Assist you with renovations
-
6. Vacating
We’ve reached the end of your tenancy. There are some activities that we’ll complete before we start the cycle again, including:
Providing appropriate information to your tenant to assist them with a smooth transition between homes
Conduct a final bond inspection using the Property Condition Report
Work with your tenant if there are any items requiring remedy and ensure the property is ready for marketing
Finalise any funds due to you and disburse of the bond