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Rental property management procedure
To get an idea as to how your local property manager can help you manage your rental property, we’ve outlined the processes and procedures that property managers take to ensure that your property is occupied and rent is flowing.
- Vetting: To maximise the chance of getting the best tenant, residential property management usually have a vetting process that includes proof of income, personal references, proof of previous living arrangements, 100 point identification and social media checks.
- Rental payments: Collecting payments is typically done via direct debit, bank cheque or money order. Property management companies have various systems in place to make sure tenants start off in credit and regularly pay before the due date.
- Routine inspections: Regular inspections are carried out to ensure maintenance is reported and tenancy obligations are met by the tenant and the landlord.
- Looking after tenants, resolving disputes, answering queries and concerns: Property managers follow industry standard measures to ensure that late payments, disputes and tenancy violations are properly resolved.
Property managers have deep expertise in real estate property management, so you can be sure that your property is in safe hands. To contact a local property management service near you, have a browse through our online directory.
