Rent Property
Property Management Services for Landlords
Contact
us to make an appointment with one of our professional
consultants to find out more.
Making management of your property
easy and effective. Let Elizabeth Bay Real Estate take care of all aspects
of your property investment to save you time and effort.
As a busy person, you require the day to day management
of your property to be handled with professionalism, enthusiasm
and commercial acumen. From repairs and maintenance, to
tenant checking and monthly statements, Elizabeth Bay Real
Estate’s professional services will suit you perfectly.
Realising the true potential
of your property
At Elizabeth Bay Real Estate, we aim to achieve true
value returns on your property by realising the best possible
rental. Achieving optimum rent means knowing the market
and having the skills to negotiate the best possible rental
rate. We are constantly monitoring the market and initiating
appropriate rental reviews on your behalf.
Minimised Vacancy
We understand that minimising vacancy
maximises the return on your investment. Our strategies
to achieve results include re-signing tenants to fixed leases,
marketing properties prior to departure
and establishing good relationships with tenants to ensure
co-operation with access for Open for Inspections.
Tenancy Supply
In addition to advertising properties in the press and online,
Elizabeth Bay Real Estate uses innovative marketing strategies
to display your rental property to a local, interstate and
international market. We then run stringent checks on all
applicants and present you with a selection of prospective
tenants who have met our highest standards.
Elizabeth Bay Real Estate is a member of the Tenancy Information
Centre of Australia.
Tenant checking
Our stringent tenant checking system includes a 100 point
system similar to that used by banks. In addition, we check
the national database of the Tenant Reference Australia
which has links to other credit control agencies, call the
tenant's previous leasing agent as well as confirm their
current employment.
Collection and lodgment
of bonds
A holding deposit of one week’s rent is paid while
the tenant is being approved. A subsequent balance of one
week’s rent (if property is on the market for $300)
or three weeks’ rent (if property on the market for
over $300 per week) is paid prior to the tenancy commencing.
An additional bond of four weeks’ rent (for an unfurnished
property) and six weeks’ rent (for a furnished property)
is collected and held as a bond. All monies and claims are
lodged with the Residential Tenancies Authority on your
behalf.
Protecting your income
We put a very high priority on collection of rent and do
everything we can to ensure tenants fulfil their obligation
to pay their rent as it is due. Rental arrears are checked
daily and notices served promptly should tenants fail to
meet their commitment.
Elizabeth Bay Real Estate recognises that we all have busy
lifestyles, so we offer our tenants a number of ways to
pay their rent – phone banking, internet banking,
bank direct deposit or by visiting the office.
Regular inspections
and reporting
We stay in touch with our tenants and inspect your property(s)
regularly to ensure they're being maintained. Comprehensive
financial and maintenance reports are provided to you on
request via email or post.
Regular inspections and
reporting
We stay in touch with our tenants and inspect your property(s)
regularly to ensure they're being maintained. Comprehensive
financial and maintenance reports are provided to you on
request via email or post.
Property maintenance
You have invested in property and you require sound monitoring
of the condition of your premises. We have a network of
trusted trades people who look after all properties managed
by us. Any requests for maintenance are documented and progress
of repairs is monitored.
Prior to initial occupancy and during our regular inspections,
we may advise that certain maintenance is required. You
can nominate a limit of expenditure for us to work within.
Our policy, should repairs be necessary, is to report directly
to you in accordance with our Management Agreement.
If you are unable to be contacted or if urgent repairs are
required due to affecting tenants’ health or safety,
we will proceed with repairs at our discretion. The cost
for any repairs and maintenance under $300 dollars will
be approved and undertaken on your behalf and listed in
your monthly statement as a separate item.
Rental to be charged
Based on our experience and similar properties rented in
the same area, we believe Elizabeth Bay Real Estate is best
placed to advise you on the correct amount of rent to be
charged.
By setting an appropriate and reasonable amount, we believe
that it is more favorable to have a continuing tenancy
than a series of tenancies with intermittent breaks. This
can occur during periods of low vacancy levels thereby incurring
a subsequent financial loss.
Renewal of leases
Leases are renewed to existing tenancies each month as they
fall due, with a review of the rents paid regularly compared
to the current rental market.
Accounting to landlords
The accounting for end of month payment is closed usually
two working days before month end, and payment of monies
to you is completed by the first working day of the next
month. Payment can be made:
• directly into your Bank Account or;
• sent out with your monthly statement.
All statements have copies of original invoices for repairs
(if any) attached to them. We also offer the service of
a second copy to your accountant, payment of rates and insurance
premiums on your behalf.
Letting fees
A fee equal to one week’s rent is charged for the
selection of a tenant for a six month lease and two weeks’
rent for a 12-month lease. This fee includes the agreement
to the tenant, the finalisation
of bond matters and full credential and inventory checks
with tenant and/or owner prior to and at the termination
of tenancy.
Property management fees
In most circumstances, management fees are charged at a
standard flat rate of 7% on all monies collected.
Sundry charges
A fixed amount of $5.00 per month is charged to cover sundry
outlays such as postage, telephone calls, faxes and electronic
bank transfer charges, etc. The Federal Government Tax payable
on deposits is passed onto the Landlord.
Please note: GST will be added to the above
fees and charges.
Your own personal property
manager
With Elizabeth Bay Real Estate, you can benefit from having
one personal point of contact: A real-estate qualified professional
who is trained to handle each and every aspect of managing
your property. This person will get to know both you and
your property personally, and offer you the best possible
service.
Time means money. You can rest easy knowing our people are
paying you 100 per cent of our attention when you need it most.
We will care for your property as if it were our own, regardless
of its value or location. Learn
more about our team.
Marketing and Advertising
Window display
Your property advertised in our window, day and night, seven
days a week. Prospective tenants can stop and take a look
at any time.
Innovative online marketing
On listing your property with Elizabeth Bay Real Estate,
it is simultaneously uploaded not only to our own website
www.ebre.com.au but
also to popular real estate portals such as realestate.com.au,
domain.com.au and justlisted.com.au
And that’s just the start. We will email our internal
database of qualified tenants, capturing their attention
at their convenience - where it matters most.
Personally show
your property to all potential tenants
This agency does not hand out keys to vacant properties.
All prospective tenants are met at your property where we
are better able to assess the caliber of the person, more
effectively sell the benefits of the property and, importantly,
maintain security on your behalf.
Newspaper advertising
The placement of classified advertisements in reputable
newspapers including the Sydney Morning Herald, and the
Wentworth Courier Home Hound.
Rental list
All properties on the Rental list carry a detailed description
plus the rental price and the date the property will be
available. This list is faxed or emailed to prospective
tenants and is also available from our reception area for
anyone enquiring about rental property.
Property for lease
The distinctive Elizabeth Bay Real Estate signboard will
work for you as a 24-hour advertisement. Our unique "For
Lease" signs are one of the simplest ways to inform
people your property is available.
Landlords' newsletter
At Elizabeth Bay Real Estate, an informative newsletter
is sent to you every quarter. This is our way of ensuring
our clients are kept informed of changes to legislation,
industry trends and information on our staff and office.
Tenants' newsletters
We provide our tenants with regular newsletters. This is
a simple method of making sure our tenants are kept informed
on changes in legislation, confirming their responsibilities
and obligations and building a relationship with them, which
in turn is beneficial to the property and the owner.