Managing a rental property is a time consuming business, finding suitable tenants is only the start. Maximising a Landlord’s property investment return requires specialised knowledge, people skills and the coordination of many activities. At Professionals Christchurch we pride ourselves on our proven, effective property management system which has enabled us to achieve these objectives with skill and care in the Christchurch area since 1982.
Today our Property Management Portfolio is extensive, enabling us to provide an excellent range of rental properties to suit any Tenant’s requirements.
More information about us, our property management services and our current available rental list are provided here on our website. For further information please contact us. We look forward to being of service to you.
What we can offer you:
Professionals Christchurch have specialized Property Managers and experienced support staff that are committed to administering and maintaining our clients investments.
We offer a system which has proven to be very effective in meeting the needs of our landlords in all aspects of residential property management.
Tenant Selection: We use our experience gained from daily contact with prospective tenants to find a good match of tenant to property. Special care is taken when choosing a tenant to ensure compliance with the Residential Tenancies Act (1986), including Residential Tenancies (smoke alarms and insulation) Regulation 2016 and Health & Safety Act 2015, Race Relations (1971) and the Human Rights Commission Act (1972). Our service includes carrying out credit checks and obtaining character and previous rental references and a web search of prospective tenants. We also place great emphasis on maintaining existing good tenants.
Bonds: Professionals Christchurch has the systems in place to deal with everything relating to bonds – collection, lodgment, refunds, transfers and disputes.
Bond payments are lodged at the Bond Processing centre and cannot be released unless both parties agree. A maximum bond equivalent to four weeks rent can be charged legally. Professionals Christchurch charges a three week bond. In cases where there are two or more pets we assess each situation and may charge another week’s rent as a pet bond.
Rent Collection: Professionals Christchurch use an up-to-date Realbase Software System that is fully computerized and monitors rent on a daily basis. This proven system allows investors to check their statements showing the rents collected online at www.palace.co.nz using an individual log-in and password. Investors also enjoy the security of a Trust Accounting System, which is provided under the Real Estate Agents Act (1976) and subject to independent audit at regular intervals. If a problem should arise with unpaid rent we under take immediate and prompt action to resolve the situation.
Advertising: Vacant and soon to be vacant properties are available to be viewed on a number of various real estate internet sites including realestate.co.nz, professionals.co.nz, prof.co.nz and trademe.co.nz (at an additional cost). We also provide a rental list at reception, which is updated daily. Colour displays of properties are shown in the office for viewing outside of office hours. We will also erect a “For Rent” sign if requested.
Photography: We digitally photograph all new managements for advertising on websites.
Inspections: This very important part of our management service is carried out on the following basis:
INITIAL inspections are carried out prior to the tenant moving into the property. These are very comprehensive and include digital photographs. These are kept on file and if required are used to resolve any tenancy disputes at the end of the tenants. These are updated for each new tenancy.
THREE MONTHLY inspections are carried out during the tenancy to maintain a high standard of the property and to address any maintenance issues.
FINAL inspections are carried out at the end of the tenancy to check the condition of the property for bond and damage purposes.
An inspection can be arranged upon request of the landlord when ongoing issues occur regarding rent or complaints from neighbours, etc. Reports are sent to the respective landlord after every inspection to keep them up-to-date. These inspections are part of the commission fee and do not incur extra charges.
Maintenance: Professionals Christchurch Property Management have a team of professionally qualified tradespeople on call, they cover emergency repairs, refurbished, planned and regular maintenance. Maintenance is actioned within 24 hours to assure prompt & efficient service to both tenant and landlord.
Commission: Every situation is different and our rental fee will depend on the amount of properties we manage for each individual investor. You will find these fees highly competitive and tax deductible.
Administration: We have a full-time receptionist and a full-time administrator who take care of the administration of your property finances. This includes the lodging of bonds to Tenancy Services, loading of daily rents received, payment of accounts and dispersal of rental monies twice a month being the 15th and 31st of each month.
Insurance: Investors should ensure their rental property is insured for its replacement value and loss of rents extension. Chattels should also be covered, ie, carpets, drapes, furniture and fittings.
Managing a residential property can be a surprisingly time consuming business, finding a suitable tenant is only the start. Ensuring the best possible on-going return and the maintenance and enhancement of your property investment requires the co-ordination of many activities, if you would like further information on having your property managed, please contact us.