For more in depth information about Professionals Ryder Real Estate’s property management services, download our Landlord Information Brochure here.
Property Management
Selecting the right property management team is one of the most fundamental decisions you’ll make and can make a difference not only to your overall returns, but also the enjoyment of your investment.
Property management is an industry that undergoes legislative changes constantly, so it is important that your investments are being managed by people who are informed and follow the right procedures to get the maximum return for you.
By choosing Professionals Ryder Real Estate Melton, you are choosing a Property Management team that is fully trained in all aspects of property management and who understand the obligation of landlords and tenants.
Property managers work within a licensed Real Estate Agency.
It is therefore the agency owner who is ultimately responsible for the property, so it is essential you choose a reputable name you trust when selecting the business for management of your property.
It’s a big decision that creates a medium to long term working relationship and you need to feel comfortable with the company you’re dealing with. Rest assured, when you choose Professionals, you will be joining thousands of happy Australasian property investors and owners who have put their faith and confidence in us to professionally manage their property.
Our Property Management Services
Once you have entrusted a Professionals Agent to manage your property, you will be exclusively authorising that agency to act on your behalf.
We will then appoint experienced property managers, who will be responsible for the day to day management of your property and tenancy.
Your property manager/s will act as guardian/s of your property and will provide a range of ‘personalised’ services that all include:
- Professionally screening, referencing and background checking tenants
- Issuing lease documents and renewals
- Providing a detailed explanation of the owners/tenants rights and obligations
- Arranging and performing scheduled routine inspections
- Receiving rents and issue receipts
- Overseeing repairs and maintenance to the property
- Paying of accounts such as water services and council rates
- Processing any insurance claims that may arise
- Exercising the owners/tenants rights to terminate leases and tenancies
- Reletting the property at the end of each tenancy in the event of a vacancy
- Professionally and accurately reporting on the condition of the property at the inception, during and end of each tenancy
- Performing scheduled rent reviews
Finding A Tenant For Your Property
When you buy an investment property, or rent your home, it’s important to secure long term tenancies where possible to maximise the investment returns. As your selected agent, we will use all our experience, knowledge and data resources to find you a suitable tenant in the shortest possible time, who will treat your property as well.
A good quality, long term tenancy proposition is far more attractive, than constant turnover in tenants.
OPEN HOMES – With the increasing demand for rental properties, your property manager will perform open home inspections for a group of candidates view and apply for the property at one sitting.
ADVERTISING – In order to find a tenant, potential tenants must know that the property is available for rent. Our advertising at Professionals Ryder Real Estate Melton offers you the best coverage for your investment
Your property will be advertised using the following methods:
- Professional photos and details write-up
- Listed on all major websites including Domain and Realestate.com.au
- Optional for Rent Signboard
- Office handout list
- Emailed to our database of Vendors that have just sold and are looking to move.
Your Responsibilities As The Owner
Owning an investment property is one of the most popular methods throughout Australasia for acquiring wealth.
However, you’ll need to be aware of the sorts of responsibilities that you will have as an owner. The most obvious responsibilities are:
- To provide the property to a tenant in a clean and tidy state, with all advertised fixtures and appliances in a working and safe order.
- To comply with all requirements in respect of health, building and safety laws in so far as they apply to the premises.
- If you are the handy type, you may wish to carry out some repairs and maintenance yourself to the required standards.
- The owner is responsible for ensuring that the property is kept in good condition. Some expenditure incurred for repairs (not of a capital nature) can be an allowable tax deduction against rental income.
If you would like any additional information or discuss things further,
you can contact our office on 03 9743 6400 or at admin@ryderrealestate.com.au
Property Management at Professionals
In recent years there’s been a surge in property investment throughout Australia.
Demand exists for rental properties and the opportunities for good returns and continued strength in residential and commercial property prices in the medium to long term is healthy.
But managing a property is a large task.
Marketing property, selecting tenants, understanding the obligations and rights of landlord and tenants, managing applications, negotiating rent, signing of leases, managing rental payments, routine inspections, arranging repairs and maintenance, payment of rates, managing the end of tenancies and reletting to minimise vacancy time.
Recent changes to the tenancy legislation in many states and territories has increased the responsibility of landlords and the complexity of managing a property. Some landlords who directly manage their properties can struggle to leverage the property’s maximum profit potential because they lack the time, expertise or experience to handle these needs in the appropriate way.
Now more than ever, you need your property professionally managed by a property manager who is trained, experienced and equipped to meet these ever-changing requirements.
Professionals Real Estate is a collaborative network of over 225 in Australasia. All Professionals offices are local experts within their communities, some of which have been operating since 1976. When you select an agency to manage your investment, Professionals provide stability and outstanding service.
We understand that investing in a property is one of the biggest decisions you will ever make. For investors, we want to earn the right to be your first choice when it comes to property now and into the future. How?
Selecting the right property manager will make the big difference in your overall returns and smooth the investment experience. Our offices are equipped with the latest technology that will assist in making your investment stand out from the crowd.
When you choose Professionals, you will be joining thousands of happy property investors who have their biggest asset in safe hands. Contact your local office to find out more.