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About Property Management |
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MASON GRAY STRANGE OFFERS A COMPREHENSIVE MANAGEMENT PACKAGE FOR INVESTOR OWNERS § Have everything maintained, repaired and upgraded as required. § Discover the best and most innovative fee structure. § Receive a cheque or electronic transfer and a detailed statement each month. § Arrange payment of all bills if required. § Be kept informed about your property. § Be relaxed knowing your property is in expert and caring hands.
For Property
Management that exceeds your expectation, we would be
delighted to provide you with our efficient, caring and
creative approach to the professional management of your
property. WHY HAVE YOUR PROPERTY MANAGED? Our company promotes the efficient use of properties, thereby maximising returns on investments whilst protecting long term values through astute tenant and property management. One extremely important advantage of professional property management is the independent expert. - involved but impartial, caring but professional, sensitive and well informed. Professional skills and experience are important for:- § Collection of rent via automated systems § Accurate rental reviews – including periodical tenancies § Keeping ahead of the market – we attend Real Estate Institute courses regularly. § 4 monthly routine inspections – report sent to landlord. § Accuracy of documentation – we use specialised stationery as issued by the Real Estate Institute. § Letting – finding & putting in place a new tenancy § Maintenance – specific to landlord instructions § Issuing of required Notices for “Breach of Lease” § Tribunal appearances § Implementation of the Residential Tenancies Act 1995. Effective property management needs Professional Management. Your Property - Your Needs Before we let your property, we make detailed recommendations as to how you might best present the property to achieve a maximum rent and the most suitable tenants. We will find out from you your particular requirements and concerns to ensure they are met. Experience with upgrading and redecorating form part of our service to you. Tenant Management · Tenant Selection We are a dedicated Company, we work diligently to secure the best tenants for our properties. Every vacant property has our 100% focus and attention. We have excellent market knowledge in all suburbs, and our advertising is expressive and succinct. Mason Gray Strange has a good reputation amongst tenants and we know that tenants who are given excellent service will care for your property. Quite often, past tenants contact our office again for either rental accommodation or as new owners of investment properties. · Personal Attention We interview all prospective tenants personally, thus your property is protected because we deal with them directly. We actively promote and build a rapport with the prospective tenant when contact is established. · Careful Screening We take formal written applications. Our reference checks are very comprehensive and we only recommend a tenant to you when thoroughly satisfied and confident ourselves. · Regular Inspections Your property is inspected at the commencement of every new tenancy and a complete report is assessed and documented at that time. On vacation, the inspection is repeated thus minimising disputes with regard to disbursement of the bond. Regular four monthly property inspections are carried out to ensure that the tenant is complying with their legal obligations and the landlord instructions. This enables us to inspect the property for any structural damage or maintenance that may be evident and in need of attention. These details are reported three times a year and forwarded to the landlord for consideration. · Changes In A Tenant’s Circumstance We aim to rent your property for the longest and most secure term available. Continuity of a good tenancy is our goal. However, the world does not always work this way, thus, if something unforeseen arises, we act immediately to relet your property. Approved Documentation Extensive documentation is required when renting a property. We ensure your protection with continually updated and accurately executed reporting.
Insurance Strata Corporation Public
Liability Insurance also only covers public liability on
common areas not within Owner unit subsidiaries. Landlords must notify their insurance company that the property is tenanted to ensure maximum cover. Smoke alarms are compulsory from 1st January 2000 and our company recommends the installation of hardwired units with back-up battery. Committed Tradespeople We have an independent sub-contract team of tradespeople who are dedicated professionals committed to quality work at trade prices that we pass directly on to you. Of course, if you would prefer us to use your own people, we would be happy to do so. Fees Our fees are based on the Real Estate Institute of South Australia Incorporated scale with special rates negotiable in certain circumstances. We will not give you a cheap or a cut rate service. This is reflected in the fees. We provide a professional service and the results will delight you. The savings in rent rate achieved and the cost of the damage that is prevented will make our fees pale into insignificance. However, in many cases, our fees are somewhat less than the full recommended rates and of course, they are tax deductible. Residential Service Charges § Management Fee - 9% & GST § Letting Fee - 2 weeks & GST § Out-of-Pocket Expenses - eg. Keys cut § Advertising Fees - paid by owner § Residential Tenancy Tribunal - $50.00 & GST § Insurance claims $25.00 & GST § Realestate.com Advertising - $50.00 incl. GST § Statement Charges - $5.00 & GST for a fully itemised & computerised statement as a monthly cost § Landlord & Creditor Cheques - $1.50 & GST § GST on all fees and charges @ 10% Recommended Service Charges Absorbed by Mason Gray Strange Include The Following: § Repairs - arrangements of/supervision of/organisation of quotes § Lease documentation § Bond Lodgements and Refunds § Completion of Inspection Report at Ingoing Inspection § Routine Inspections (4 monthly) § Negotiating Cancellation/Surrender of Tenancy § Completion of Final Inspection at end of Tenancy § Lease renewals and rent reviews We emphasise rather than add on additional expenses, we earn our management fee as part of the ongoing management of your property. Letting Only § First two weeks rent & GST (10%) § All advertising costs § Any out-of-pockets - eg. Keys § Outgoing inspections - $50.00 & GST Letting Only Involves § Ingoing Inspection of your property § Advice on achievable rent level, presentation of property, etc. § Advertise property § Show prospective tenants § Screen tenancy applicants § Full legal documentation -Tenancy Agreement - Rights and Obligations of Tenants and landlords - Inspection Sheets and other appropriate details depending on the property eg. Strata Titles Act - Articles of Association, and detailed inventory if required. Based on the material contained in this booklet, we trust that we have given you sufficient information to feel confident in selecting Mason Gray Strange as your chosen agent.
MASON GRAY STRANGE
RENTALS |