Using a Rental Appraisal to Secure Good Tenants
By ensuring that your property is being offered at an appropriate market rate, landlords are better able to secure and retain good tenants. Also, by maximizing the best level of rent, landlords ensure the best returns by setting appropriate increases, as the property increases in value to the market. At Home Property Management ensures that landlords have rental appraisals and rent reviews at least every 12 months.
Though you do not want to charge a rent level that is too low and miss out on returns, you also do not want to charge too much rent either! It can be tempting to ask for a high price on a rental property, but there are pitfalls to charging prices that are higher than acceptable market rates. Cases like these may secure desperate tenants, and also run the risk of a Tenancy Tribunal hearing. This type of challenge at a Tenancy Tribunal can incur a penalty.
If you have any doubts about the rental levels of your properties, At Home Property Management offers free rental appraisals to all Clients who sign our one year management authority
This will help you as a landlord to:
- Ensure you are maximising your rental returns
- Avoid vacancy rates, downtimes and loss of rent
- Avoid disputes at the Tenancy Tribunal
Simply email us property details eg how many rooms, bathrooms etc and a few photos and we will email back a rental appraisal. Our free rental appraisals are reserved for folks who engage our property management services. For all bank required or personal appraisals there is $50 plus GST charge per appraisal. At Home reserves the right to refuse to supply an appraisal.
"Thank you so much for handling my properties and affairs in such a professional and friendly manner. Thanks to At Home Property Management and your team for making the process so simple. I have already recommended your team to my friends and colleagues."
"Gregory is easy to work with reliable and consistent. Both his efficiency and the level of service he provides are excellent and I would highly recommend him as your property manager."
"Since employing Greg’s services we have had up to date inspections and detailed reports on our properties every 3 months. The rent is always on time, the properties are well kept and we are the happiest landlords ever!"