Frequently asked questions
HOW DO YOU CHOOSE TENANTS?
There are two main points we consider when selecting a tenant; do they have the ability to pay rent, and the ability to keep the property in a reasonable standard. All our tenants are carefully screened to assess their suitability. The information will be quantified and discussed with you. You will decide on the most suitable tenant for your investment.
WHAT PAYMENTS ARE THE TENANTS RESPONSIBLE FOR?
The tenant is responsible for the payment of rent, bond - usually equivalent to four weeks rent, and a pet bond if required. They also pay for utility costs such as water, gas, electricity, internet and phone.
WHAT HAPPENS IF THE TENANT STOPS PAYING RENT?
We have a zero tolerance to rent arrears. If your tenant should fall behind, we administer the correct legal notices and extensive follow up to resolve the problem.
WHEN DO I RECEIVE THE RENT MONIES PAID BY THE TENANTS?
All funds held on your behalf will be transferred to your bank account on the last working day of each month. You will also receive an easy to read landlord statement that clearly shows all income and expenses.
CAN PRECISE REALTY PAY MY BILLS?
Absolutely! If you wish, at no extra cost, we can co-ordinate the payment of all property taxes/rates and expenses on your behalf. Copies of all accounts paid are attached to your monthly statement.
HOW DO YOU HANDLE MAINTENANCE AND REPAIR WORK?
We are flexible based on your instruction. We can contact you for all repairs, employ one of our trusted trades on your behalf, or you can nominate your own contractors. If the tenant should damage the property, they are responsible for the subsequent cost.
WHAT ARE MY MAIN RESPONSIBILITIES?
All property owners need to ensure that their property complies with the current legislations:
Electrical Safety Compliance
Blind Cord Compliance
Pool and Spa Compliance
HOW SOON CAN WE GET STARTED?
Once you have made your decision and have engaged with an agent at Precise Realty, we will meet with you and have the Management Authority signed. Once this has been completed, the property can be listed online within 48 hours.