find our properties on

Renting My Property

Renting My Property.

Whether you're about to buy your first investment property or you already own several, chances are you still have a handful of questions regarding the management of your property. We've answered some of the more common questions we get asked below. 

If you would like to find out more about having RE/MAX Property Specialists take care of the management of your investment property, please contact us via email or call our friendly staff.

How do I change the management of my property over if it is currently being managed by another agent?
Simple! If you currently have a property managed by another agent and for any reason would like to change over to RE/MAX Property Specialists, all you have to do call or email our office and we will take care of the rest. If you choose to have us manage your investment property we will organise for your tenants to be notified and for the keys to be collected from your managing agent. Everything else carries on as usual. Changing your managing agent couldnt be easier.

How long will it take to find a tenant for my property?
This is a common question and unfortunately there is no one answer. However, we can tell you that properties that are better presented, more professionally marketed, priced according to market conditions and represented by a professional agent, will be rented more quickly. At RE/MAX Property Specialists we have among the lowest vacancy rates in the industry and generally we will have most properties rented inside only one week of being placed on our rental list.

Independent figures published by indicate that our vacancy period is approximately 50% shorter than the industry average...

What happens if my tenant doesn't pay rent?
We have invested in technology which allows us to monitor tenant arrears on a daily basis. After 4-7 days we contact tenants via telephone, email and SMS to follow up on payments. On the 8thday of arrears (the legal minimum) a Notice to Remedy Breach will be issued to the tenant giving them 4 clear days to bring the rent up to date. If rent is still not paid within this time frame a Notice to Vacate will be issued to the tenant giving them fourteen days to vacate the property.

We will communicate with you throughout this process and a Notice to Vacate will never be issued without discussing the situation with you first. It is our intention at all times to minimise any loss to the owner so these actions need to be carried out promptly.

Is an agent's location important to their ability to manage my property?
With almost 99% of all our prospective tenants using the internet to find homes online and a majority of our current tenants paying electronically, its clear that an agents location is a concern of the past. Because of this we can quickly and easily rent out properties in a very large geographic area. We can also very quickly assess rents in any given area to determine what the right amount of rent is for a particular property.

At RE/MAX Property Specialists we manage properties in over 20 different suburbs. Under our unique structure we're able to reduce the exorbitant costs that come along with having an office in every suburb and instead focus on investing into leading technology to help us continue to provide the best property management in the area.

What do I do if I want to sell my property?
If we currently manage your property and you are looking to sell, your choice of agent is critical in ensuring you get the best price in the sale. Many of our owners live interstate or out of the area and don't have relationships with selling agents in the area that their property is located in. Fortunately we can help...

We specialise in renting and selling residential properties and have a vast referral network so that we can easily put you on to the best agent to sell your home no matter what suburb it is located in. Just call us and we'll put you in touch with the right people. Our goal is to help you get the very best return on your investment and that extends to ensuring that the best possible price is achieved when you want to sell.

If you're considering selling, call our office for a free market appraisal.

Do I need landlords insurance?
As with any insurance policy, it is not compulsory to have landlord insurance on your property. However, as property specialists, its our expert recommendation that every investment property owner has a specific landlord insurance policy in place for their property. Landlord Insurance protects you in the event of a tenant not paying rent, departing the property early or damaging the property. It also includes public liability and limited cover for contents (e.g. floor coverings, curtains).

While there are plenty of options out there, we suggest choosing very carefully. Many policies provided by the major banks are worthless! Be sure to look at how well a policy can cover unpaid rent, liability claims, damage to contents and extreme weather, and most importantly have a look at the excess conditions.

There are only a handful of specialist landlord insurance providers. The most common insurer across properties managed by RE/MAX Property Specialists is Terry Sheer. If you'd like us to point you in the right direction, feel free to ask.

How should I know what my property will rent for?
You will get the best indication of what your property should rent for by closely comparing it to other properties similar to yours that are currently being rented, or have just been rented, in the same area. Market forces will determine exactly what amount of rent you achieve. If you have a very popular property you will get more interest and subsequently a higher rent. If you have a property that is less rentable, you will find it hard to command a premium rent.

The average property managed by RE/MAX Property Specialists has been proven to generate 9% more rent than the median for other properties in that suburb. Why? Because our property managers are trained to negotiate the best rent increase possible without costing you a good tenant. If your property manager doesn't know exactly what your property should be renting for, then you could be missing out on valuable rental income. 

Market Appraisal

Register your interest here

Property Alerts

Be the first to know here

Meet our Team

Get to know our team here

Contact Us

Click here to view our details