property appraisal
Investors
Harcourts Pinnacle Property Management
Launching & Advertising Your Investment
Have technical knowledge & experience to carry out the below criteria;
- Supply modern & up-to-date resources, extensive technical support & expensive yearly subscriptions for appropriate industry websites
- Regular research of the current rental market to provide honest & realistic rental appraisals
- Confident rental research & organise current CMA reports (comparative marketing analyst)
- Introduction meet & greet with the Owner to further explain your legal obligations
- Thoroughly explaining the compliance laws and your legal obligations in full
- Thoroughly explaining the Form 6 – Management Agreement, before signing
- Photography (take in-house photos OR organise a professional photographer)
- Organise script writing & advertising presentations with technical support (7 websites)
- Organise rental signage for the property technical support
- Organise private viewings & open home inspections
- Organise keys for inspections, photocopy & document for security
- Ring every tenant enquiry & screen accordingly
- Follow up tenants after every inspection
- Organise cleaning & carpets on behalf of the owner, in preparation for tenants moving in
- Organise repairs or maintenance on behalf of the owner, in preparation for tenants moving in
- Organise yard & garden maintenance on behalf of the owner, in preparation for tenants moving in
- Arrive 5 – 10min early to open curtains / doors / lighting etc. to display the property
- Register tenants upon entry at every inspection with technical support to ensure security
- Communicate with tenants, during their inspection to obtain further information
- Close up the house, close all doors, blinds etc. and leave property the way we find it
- Follow up potential tenants the next day to obtain their feedback
Application Process
Supply technical knowledge & experience to carry out the following information & credential checks;
- Check all applications (one per person) to ensure it’s filled out correctly, signed appropriately, including the privacy disclosure
- Ensure 100 points of ID for each person is obtained and checked thoroughly
- Carry out and confirm credit checks on TICA (Tenant information checking association)
- Carry out and confirm credit checks on VEDA (Tenant data base – work visas / bankruptcy)
- Carry out and confirm employment references – current and previous employers if necessary
- Carry out and confirm rental references – current and previous agencies if necessary
- Personal checks with technical support
- Prepare all the required Tenancy Documents to commence your tenancy:
- The RTA Form 18a – The General Tenancy Agreement
- The RTA Form 2 – Bond lodgement form
- The RTA Form 1a – Entry report
- The RTA Form 17a – the information statement
- The Body Corporate by-laws (if applicable)
- Lodgement of the required documents with the RTA (Government Department)
- Prepare all keys and remotes for property – photocopy and document for a tenant handover
- Prepare a thorough entry condition report – approximately 2-5 hours plus photos
- Prepare and arrange a meet and greet with your tenant to sign the lease agreement and further explain their obligations, as per the legislation (approximately 1/2 hour)
During the Tenancy
Have technical knowledge & experience to carry out the following criteria;
- Ongoing, comprehensive, regular emails of communication with the owner and tenant
- Carry out daily trust accounting & rental receipting & reporting
- Communicate with late rental payments either: phone call, text message or email (this is done on a daily bases)
- Knowledge & experience to read a trust account statement & to explain further if necessary
- Knowledge & experience to communicate either in person or over the phone to further explain a trust account rental ledger – to an owner or a tenant
- Organise, type and send out remedy breaches if necessary (different legal obligations are necessary for each circumstance)
- Check and pay owners invoices i.e.: rates, water, power, insurances etc.
- Carry out & pay regular repairs/maintenance invoices for tradespersons
- Knowledge & experience to carry out a mid-month & end of month trust rental disbursements
- Organise regular entry notices for inspections or maintenance (different legal obligations are necessary for each circumstances)
- Carry out regular routine Inspections every 4 months: Attend the property and inspect accordingly, take photos if necessary (approx. time is 20 minutes per property), and further discuss tenancy & property condition with tenants, if present
- Complete a written routine report and attach photos accordingly, emailing the completed report to the owner along with the photos
- Organise and attend to any maintenance or repairs, as per an owners instructions, with informed, professional advice if requested
- Obtain quotes for repairs if necessary and arrange the entry notice between the tradesperson & the tenant
- Tenancy renewals, negotiation and mediation with tenants to maximise your income
- Conduct regular research of the rental market to optimise your rental income
- Contact owner to confirm instructions to renew or vacate the tenant accordingly
- Organise and communicate with the tenant for a new lease offer or follow up with a notice to leave
- Negotiating rent adjustment between a tenant and an owner if applicable
- Organize further paper work for a new tenancy renewal – RTA Form 18a Tenancy Agreement
- Lodging a bond increase if application and if the rent has been increased
- Scan all documentation for each owner, property and tenant in the appropriate file
Tenant Vacating Process
Have technical knowledge & experience to carry out the following criteria;
- Complete a thorough exit condition report – approximately 2-5 hours + photos
- Communicate, mediate & negotiate with the tenants before the their bond is refunded
- If necessary & applicable, prepare legal documents with the RTA for a dispute resolution
- Be accessible & professionally prepared for a conference call with the RTA & the tenant to resolve a dispute
- Prepare all relevant QCAT documents, photocopy all necessary documents and lodge with QCAT
- Help organize owners Landlord insurance if necessary
- Prepare a thorough entry condition report for your new tenant moving in – approximately 2-5 hours + photos
Further knowledge and Experience
- Water compliancy laws
- Smoke alarm compliancy laws (New & old)
- Blind compliancy laws
- Swimming pool compliancy laws
- Knowledge & experience of current rental market
- Landlord insurance knowledge (tenant protection)
- Body corporate by-laws
- RTRA regulations / tenancy rules
- RTRA ACT / Legislation for Landlords and Tenants
- Property Occupations Act / legal forms used for your legal obligations
- Mediation dispute resolution & consultation
- QCAT documentation for court hearings
- QCAT proceedings & attendance
- Centrelink payments / statements & tenancy procedures
- Defence procedures and regulations
- Familiar with the Building code regulations / health & safety
- Familiar with the fencing / tree acts
Our High Expectations and Promise to You
- Outstanding and extensive communication skills
- Knowledge & experience with regular & thorough legislation training
- Zero tolerance for rental arrears, maintenance & maintaining your property
- Maturity, wisdom & common-sense
- Complete honesty & integrity
- Team work & accountability
- Personal approach – always
- Diligent & efficient work policies & procedures
- We work & think outside the square
- Our industry passion
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