As Business Development Manager for Cayzer’s Property Management team, Natalie McAsey is charged with developing a growth strategy focused on customer satisfaction. Here she shares invaluable advice for landlords and renters.
Real Estate is a competitive industry, but the team at Cayzer are incredibly uplifting and genuinely want to see one another succeed. My first few months have been amazing and I look forward to a long lasting relationship with the company.
Following the advice for landlords detailed below, I recently listed and leased a property within 48 hours on the rental market. The property had proved difficult to lease in the past due to the floorplan. Our client trusted in the advice we provided and it paid off.
It is important landlords have an understanding of the market their investment property is located in and when estimating rental income, a realistic expectation of price is key. Look at facts and comparables rather than listening to the opinions of others.
Get the property right, first. Ensure the property is clean, in full operation and well looked after. Presenting the property in the best possible way from the start of the campaign is imperative and will appeal to a higher calibre of client.
For landlords looking to rent their property, timing is everything. The first seven days of a campaign is when the property receives the most views and reaches the most people. Listing a property with professional photos and an open for inspection time is important.
I recommend landlords read and have a basic understanding of current legislation regarding the Residential Tenancies Act. As Property Managers, it is our job to guide our clients to make an informed decisions, however, it is important to be aware of the responsibilities of a property owner.
Renters, I recommend you learn about the area you want to live in and take time to know what you are looking for. This will be your home for the foreseeable future, it is important you are comfortable not only within the area, but the property as well. If air conditioning is a non-negotiable for you, find a property with air conditioning rather than settling. Be on time to inspections and be prepared with your application and documentation.
Renters with pets, I recommend writing a cover letter with a photo with information about your pet such as their age, their breed, their characteristics. I believe pets are family and as such it is important for the agency and owner to identify that when considering the application.