Property management services include marketing, tenant selection, inspections and ensuring rent is paid, among other things. But monitoring the market and responding to trends to ensure the best returns is just as important.
Marketing
Experience and industry training at PRD Whitsunday ensures your property will be marketed professionally through Australia’s top rental real estate website realestate.com and domain, plus onsite advertising. Some limitations to printed advertising may apply.
Tenant Selection
To keep vacancy rates at a minimum, PRD Whitsunday uses an online booking system for tenants to inspect, book appointments and apply for your property 24 hours of the day, resulting in quicker application processing and a faster turn-around time to have your property re-let. Personal character references are always checked, along with a range of other relevant checks including current wages or income confirmed and current and previous rental references are followed up.
Rent Collection
Rents due and other tenant debts are carefully monitored to ensure payments are made promptly. Maintenance – We can organise all property maintenance for you and our preferred customer trade services discounts can save you time and money.
Managing Vacancy Rates
Experienced property managers have extensive knowledge of how to keep vacancy rates down. They manage the timing of the period of a tenancy so that renewals happen at times of strong property rentals demand in the market. For example – if you allow a lease to expire at a time of year when there are fewer applicants looking for a place to live – you have less bargaining power with those who do apply – AND there is a strong chance of no applications at all – giving you an empty building.
Market Trends
PRD Whitsunday maximises your rental returns and keeps you in touch with the market with regular rent reviews and market trend analysis.
Property Inspections
Property managers regularly inspect your property to assess its condition and provide photos and videos should any maintenance be required. The property also is inspected before and at the end of a tenancy.
Legislation
Extensive up-to-date knowledge of the Residential Tenancies and Rooming Accommodation Act 2008 and other relevant legislation ensures your property and tenancies are compliant with relevant laws and regulations.
Documents
PRD Whitsunday provides all contractual documents and stationery.
Bonds
Bond payments are collected and registered with the Residential Tenancy Association to ensure you, as a landlord, are protected.
Tax
Annual summaries of your income & expenditure for tax purposes are available on request. The cost of property management services are all 100% tax deductible.
