Property investment is one of the most powerful vehicle to building wealth and prosperity. However, choosing the right agency to manage your property may be a difficult task for you as a landlord.
At Grandstand, we understand that property management is much more than just collecting rent or striking a deal on fees. Property management challenges such as tenant selection, rent arrears, routine inspections, maintenance policies are vital in ensuring a smooth tenancy process – and Grandstand is here to help taking care of all these aspects.
1. Setting the rent
We will make an appraisal to find the most suitable rental pricing which will be determined by the supply and demand of the current rental market at your area, advertised prices of similar properties in your area and how long these have remained available, statistical data, condition of your property, and local market trends.
2. Marketing your property
We will advertise your property and conduct both open & private inspections to prospective tenants until your property is leased. We will constantly provide feedback to you as we believe effective communication is vital.
3. Tenant Selection
At Grandstand we take the tenant selection and application process seriously. We employ a thorough screening process and conduct checks on tenants applying for your property as required by law.
4. Tenancy agreement, bond and initial inspection
Once the right tenant is found, we will proceed with the preparation of all relevant documentations as required by law.
5. Rent collection and rent arrears
We will carry out rental arrears checks and immediately follow up on any outstanding money owing. We have a zero tolerance policy on rent arrears.
It’s our policy to conduct routine inspections on every rental property twice a year. Routine inspections are held to check on the condition of the property and observe if any maintenance or repairs are required.
7. Repairs & Maintenance
We understand that maintaining your property is crucial in retaining and attracting quality tenants. Hence, we will attend to all maintenance and repairs as quickly as reported as per the management agreement. We have a network of qualified and reliable tradespeople with quality workmanship available for repairs. Alternatively, we will utilise the tradespeople of your preference.
8. End of tenancy (Finding New Tenant)
We will advise you if the tenant do not wish to renew their lease at the earliest possible opportunity. Upon your instructions, we will proceed with re-letting and advertising activities to find a new tenant.
SWITCH TO GRANDSTAND
Thinking of switching your property management agency? We believe that you deserve the best services from your property manager and here, we strive to provide the best quality of property management services to our clients.
The process of switching to Grandstand Property Management is simple and easy. According to Consumer Affairs Victoria, you can terminate your estate agent’s management of your rental property any time by giving a written notice.
Grandstand Leasing Team will guide you throughout the entire transfer process FREE of charge (excepting fees in your existing contract). Everything from informing your existing agent, organising paperworks, notifying your tenants will be done efficiently and professionally. All we need is your authority and we will handle the rest from there.
Contact us today for a hassle-free property management and a smooth transfer process.
“I just want to say how much I appreciate your professionalism and efficient manner in your management of the rental of our property. Thanks so much.”
Best regards, Frank & Sue
Landlord of 23 Orson St, Scoresby
“Thank you for the professional service, fast results and quality tenants. We look forward to working with you for many years.”
Susan & Greg
Landlord of 2 Wiluna Ct, Scoresby