Property Owners & Investors – Leasing Services
Precise Property Management lease properties in most areas of metropolitan Melbourne, with a particular focus in the Northern Suburbs, including:
Eltham, Diamond Creek, Montmorency, Lower Plenty, Greensborough, Ivanhoe, Eaglemont, Watsonia, Macleod, Heidelberg, Preston, Fairfield, Thornbury, Alphington, Northcote and Brunswick.
Our pro-active marketing ensures that your asset is promoted to the widest range of prospective tenants, with internet promotion, print media, professional signboards and personal contact with a database of prospective tenants and executive relocation agencies. We use social media to actively promote our properties and keep our followers updated on our latest news.
We conduct personal inspections of your property – we do not give out keys to prospective tenants under any circumstances. We also conduct “open house” inspections where appropriate, ensuring that photographic identification is provided by all prospective tenants before access is permitted.
Our tenancy selection process follows a strict selection criteria and thorough review of references. We also conduct tenancy checks and public record searches through National Tenancy Database (NTD). You will be kept informed during the marketing process, with weekly updates by telephone and email. We encourage you to be actively involved in the tenancy selection process if you wish, as we always remember it is your asset that we are caring for.
Our attention to detail in the preparation of all leasing documentation, such as the REIV lease agreement and detailed condition report, is of paramount importance. We take detailed video and/or digital images of your property prior to the commencement of the tenancy, to ensure your asset is protected.
Frequently Asked Questions
How will you market my property?
The primary focus of our leasing service is to find and secure the most suitable tenant for your property. We provide internet, print and relationship marketing to ensure that we attract the best enquiry and have a choice of quality tenants for you to choose from. Our prominent For Lease boards are ideal for properties in high traffic locations to maximize enquiry.
How long will it take to find a tenant?
In most cases, we are aware of the availability of the property 4-5 weeks prior to the property becoming vacant. Depending on the time of year and market conditions this period of time is usually more than adequate to locate the most suitable tenant. However some properties may be unique or above average in price and may therefore require exposure and promotion beyond this time.
Do you give out keys?
Absolutely not! Our leasing service is personalized to ensure that prospective tenants are escorted through your property at a mutually convenient time, giving us the opportunity to explain the features and benefits of the property and obtain feedback from our customers.
Unlike other agents, who provide prospective tenants with keys upon producing a licence or small deposit, our system ensures that your property is secure after each inspection and we have the best opportunity to promote your property and secure the most suitable tenant. We also conduct “open house” inspections when appropriate, obtaining photographic identification from all prospective tenants before entry is permitted.
Does the tenant pay a bond?
Yes. A bond, also known as a security deposit, is payable by the tenant prior to commencement of the tenancy. The amount of the bond is usually equal to one months’ rental, however where the rent for the property exceeds $350 per week and/or the property is the owners’ principal residence, a higher amount can and will be requested with your consent. A detailed condition report is prepared just prior to the commencement of the tenancy as part of this process, together with video and/or digital images to ensure that all aspects of the condition of your property are recorded, for the protection of you and your tenants.
Can I refuse a tenant with pets?
Yes, with the exception of a tenant who is legally blind and has a trained guide dog. A standard REIV lease agreement states that a tenant must not keep any animal, bird or other pet on the premises without the written consent of the landlord or the agent. The Residential Tenancies Act is silent on the issue of pets in rental properties.
Whilst many landlords have a strict “no pets” policy for their rental properties, statistics show that Australians are a nation of pet-lovers, with approximately 63% of households owning a pet. There are some advantages in making your investment property pet friendly, including the likelihood of longer tenancy periods, a wider pool of tenants from which to choose and possibly even higher rent in some cases.
If you are considering making your investment property pet friendly, Precise Property Management can provide you with expert advice and assist you with specific guidelines for any pet policy.