Why Choose AVRE As Your Managing Agent?
One of the primary decisions you’ll make when you’re ready to list your rental property is whether to engage a real estate agent to help ensure your property is well cared for, and the tenant adheres to their rental commitments.
A property manager can cost approximately 7-10% of your rental income each week however the services that a good property manager provides are worth far more than this fee. With busy lives and competing priorities, property owners benefit from the high level of commitment, expertise and
At AVRE we will work hard to protect your investment. We specialise in Residential Rental Management and have over 28 years of combined experience managing properties in the local area. We also manage Commercial property and a substantial Storage Portfolio. We understand the needs of our clients and are ready to represent you to ensure tenants comply with our owners’ requirements and tenancy laws.
At AVRE we handle all the headaches and potential downsides of renting for you, helping to make your returns, and life much easier.
Duties Of A Property Manager
One of the first reasons to consider hiring a Managing Agent that specialises in property management is that we help provide a buffer between you and your renter. As the saying goes “Familiarity breeds contempt”. If there are any problems with late payments or damaged property, the agent deals with these issues so that you can avoid any unpleasant confrontations. In undesirable situations that sometimes occur in the rental market, our clients appreciate our services as we are not emotionally involved with the situation and can action what needs to be done methodically.
Brendan and Kim are fully licensed real estate agents and know all the ins and outs of Victoria’s laws that relate to rental properties and can advise you on your Landlord rights. We do far more than just lease your home and collect money for you. We screen potential renters, facilitate mediation in the event of late payments and submit the required paperwork, organise emergency repairs and maintenance, handle the payment of various bills. Your AVRE property manager helps provide a complete management service to help you avoid wasting time and money on the daily activities of owning a rental property.
Streamlined Access to Your Property and Financial Information Anywhere, Anytime
AVRE use Console Cloud and this allows for streamlined communication with our owners through the Owners Portal by giving you self-service access to up to date financial information; statements, inspection reports and other documents, and updates to ongoing activities like inspections and maintenance.
Some of the responsibilities you can hand over to the team at AVRE include:
- Advertising and marketing your property
- Sourcing and screening potential renters
- Completing all of the ingoing paperwork including Lease Agreement and Comprehensive Condition Report with Digital photos
- Rent Collection and Arrears follow up
- Managing your financial accounts
- Completing inspections on a six monthly basis and providing a written report and recommendations
- Organising and sourcing tradespeople for repairs and maintenance
If you prefer to take care of some of these tasks yourself, you can write this into your contract. We will give you as much or as little involvement with the daily management of your rental property as you like.
Sourcing And Working With Renters
There is a great deal of work that goes on behind the scene in sourcing and working with renters. AVRE will employ all the necessary marketing methods to ensure that your property is highly visible to potential tenants and we then show your home to prospective renters via private inspections that showcase the property in the best possible light. Through our combined 28 years of experience we will help you find suitable tenants and help you avoid periods of vacancy and income loss.
In addition to showing your property to prospective renters, we will be involved with the professional screening of these renters to make sure you have advice in choosing reliable ones. We also hold tenancy databases to tap into on your behalf. Once the best renter is in place, we make regular inspections to ensure that the renters are keeping your property in clean and proper working order. One of our major roles is acting as the liaison between the rental provider and the renter. If any calls need to be made for repairs or if the renter has any complaints, these are handled by the property manager to make everyone’s lives easier. We help make sure both parties are able to relate appropriately to one another, clearing up misunderstandings and resolving issues to foster a long and prosperous relationship.
Managing Paperwork And Market Indicators
There’s a surprising amount of paperwork involved with managing a rental property including property rules and regulations, lease agreements, contracts for repairs and maintenance, notice to vacate, bond paperwork and more. We have spent many years developing our systems to keep these files well organised ensuring that everything is streamlined.
We are on the ground in our local area, selling homes and renting properties so we understand the trends and are up to date with current market conditions in order to best advise you when it comes to your investment. With this attention to detail we are able to assist and advise on whether it’s time to raise the rent or make key repairs.
The Qualities Of A Good Property Manager
To excel at all of these tasks, we are proactive and trustworthy. We are willing and happy to go the extra mile to ensure that both the renter and the rental provider are satisfied with their rental arrangement. We keep in touch using various methods including phone calls, regular inspections, and face-to-face contact with both parties. We believe in building strong relationships as this assists us in diffusing tense and uncomfortable situations. We are the go-to people for both parties, mediating and resolving conflict positively.
There are many benefits in engaging a Property Manager from your local real estate with a strong and long service history in your area. In addition to assisting renters with their rental property, with our knowledge of the local market we are able to help renmters with relevant information they need regarding the house, the surrounding neighbourhood and services. We support renters in feeling a part of the community which in turn impacts their continued tenancy.
There is a great deal of work that goes into managing a rental property. If you don’t have the time or experience to deal with screening, inspections, repairs, problem renters and marketing a vacant property, you will benefit from hiring a property manager. The percentage of your rental income that pays for a property manager will pay for itself and you can sit back and relax knowing your property is in good hands.