Renting out your property
Keith Williams Real Estate has been servicing the local district for 80 years. Throughout this period we have been recognised as the market leader in the Latrobe Valley. We know the rental market, how to effectively promote your property and how to secure quality renters for your investment.
Our vast knowledge of the area and current market trends ensures we are offering an accurate assessment and opinion of valuation for your property. Once a renter has been secured our team will take care of the property management process so you can rest assure that your investment property is in capable hands. Listed below is a quick summary of our guaranteed services that are provided to our Residential Rental Providers:
– Superior application screening
– Active arrears control
– Inspections of your property in accordance with the Residential Tenancies Act
– Free advertising of your rental property on the company website and major external providers
– Preparation of rental agreements in accordance with the Residential Tenancies Act
– Detailed ingoing condition report including photo’s of the property
– Rent deposited directly to your account
– Prompt rent reviews and renewals
– Prompt attendance to maintenance issues
– Payment of accounts on behalf of the Residential Rental Provider such as rates, insurance, etc for the investment property
– Detailed monthly statements of all income and expenditure
– End of financial year statements
– VCAT representation by trained staff
– Professional dispute resolution
Preparing your investment property for rent
It is vital that the property be presented to renters in a safe, clean and tidy manner with all external areas maintained neatly. If the property is not presented well it may detract from renters viewing the property or prevent applications, which may then delay the renting of your property.
Our office provides you with an extensive checklist that can help you prepare your property. Listed below is a basic outline of what should be carried out prior to marketing your property for rent:
– Clean the property thoroughly from top to bottom, inside and out
– Fix and repair any maintenance issues
– Lawns are mowed and tidy, weeds are pulled
Please be aware, there has been a number of changes to the Residential Tenancies Act and the main points we would like to bring to your attention as a Residential Rental Provider are;
RRP’s are responsible for arranging regular electrical and gas safety checks every 2 years and smoke alarm servicing annually.
There is minimum standards that all rented premises must meet, for example deadlocks to be installed at the property, functioning windows, window coverings and heating in the main living area. Therefore, a visual inspection of the property is preferred to give clients the correct advice and information tailored specifically to their investment property.
Please click the link to the Consumer Affairs Victoria website for more information on Renting and the amendments to the Residential Tenancies Act.