Not all property management departments are the same

Wellstead Team Latest News 14th December, 2015 No Comments

Owning and managing investment properties has become serious business with the ever evolving legislation and compliance regulations that must be adhered to during the day-to-day management of the property and the tenant.

Like everything in life, whether it is getting a haircut, buying a product from the supermarket or choosing a service… there are always differences.

What our Property Management Team do:

  • Complete all documentation accurately in accordance with the residential tenancy act to ensure the tenancy is binding and actions that may be required are enforceable at a point of law.
  • Take the time to be thorough and descriptive when completing the property condition reports to minimise disputes at the end of the tenancy. It is important to describe in detail the fixtures and fittings within a property, such as the colour, make and type and condition. We also include as many photographs as possible with the report.
  • Have a mindset with everything we do to work towards maximising your income and putting more money in your back pocket. This is achieved by regular rent reviews, negotiating tenancy renewals to reduce advertising costs and vacancy periods, and being proactive with our inspections to identify preventative maintenance issues.
  • Keep up-to-date on legislation changes to protect your investment and financial wealth.
  • Promptly respond to requests to reduce disputes and work towards caring for the Landlord’s and Tenant’s needs.

Property management is about ensuring your investment is appreciating rather than depreciating. We really do care. If you would like any further information on our Property Management services, call us today on 9378 3311.