10 Steps to Successful Property Management: Step 2 – Showing your Property

By Jai Ledgerwood

At Ray White Tweed Heads, we have decades of collective experience in all aspects of property management. Our Real Estate Agents know the Tweed, Coolangatta, Banora Point and Fingal Head like the back of their hands, which gives us a unique perspective on what makes property management work and what doesn’t. In our last blog post, we kicked off a series we’ll be doing on the ten steps to follow for successful property management. In that blog post, we covered the importance of advertising – and how it takes more than just placing a few sentences in your local Coolangatta community paper to get the results you want. In part 2 of the series, we’re going to discuss the showing of your property…

We do not allow tenant’s to apply for a lease without them having completed an inspection.

While showing off your property to prospective tenants seems like a simple undertaking, it can delay and disrupt  the rental process if not handled correctly. It’s an area where you as the investor and your Ray White Tweed Heads Real Estate Agent need to work together for a successful outcome.

In the past few months, we’ve seen Fingal Head real estate receiving an uptick in interest from potential renters and buyers. As part of our services, when your property is open for inspection we’ll make sure that one of our property management team members is on hand to answer all questions and make sure that the area remains secure.

Investors Disclosure:

This process can go wrong when investors don’t fully disclose exactly what their property for rent has to offer, as well as any parameters on what they will and won’t accept in a rental agreement. Often we spend weeks trying to find the perfect tenant, only to find that when we find one that they want to make changes to the property that the investor is not happy with, or that the investor has forgotten to disclose an essential element of the property that potential tenants won’t accept.

In circumstances such as these, It makes the process much quicker if you disclose all the necessary information to our property team before inspections take place, including what you are specifically seeking in a tenant. The good news is that having these requirements in place will not negatively impact your ability to find a perfect tenant, but help to get the right tenant for you and your investment from day one.

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