RENTING - Landlord Information

Why Choose Us?

Here are some of the reasons why McGregor First National are your fist choise for professional property management?

  • We are a Best Practice accredited office, meaning quality assured systems and peace of mind with a money back guarantee

  • We provide a proven marketing plan for your property, including internet advertising with multiple colour photographs, in-house brochures and newspapers

  • We require 100 points of identification checked along with a credit check for verification of potential tenants

  • We screen all potential tenants through TICA (an Australia wide tenancy database)

  • Your keys are not given out for your property, every prospective tenant is personally walked through

  • You will recieve an informative color newsletter advising of useful information and market statistics

  • We have fully trained and experienced staff to ensure you receive accurate information on the rental market and legislation requirements

  • Photographic documentation is always taken of the interior and exterior of the property

  • We always conduct thorough inspections, with comprehensive written reports, of the interior and exterior of the property completed every 16 weeks

  • We do not charge for arranging regular maintenance and obtaining quotations

  • There is no charge to you whilst your property is vacant

  • There is no charge for paying rates, land tax and other disbursements from your rental funds

  • You will have access to service from all First National offices through our national network of experienced and expertly trained staff

  • We provide a money back guarantee on our Property Management Services




Leasing your property

Many investors are unfamiliar with the procedures involved in leasing their property. The chart below is a guide to the extensive processes McGregor First National have developed to ensure your return is maximised, whilst the security of your investment is maintained.

Listing

  • After conducting an initial appraisal of the property, your property portfolio manager will provide an opinion of the rental market value.
  • The management authority is completed by the owner and the property protfolio manager.
  • Photos and details of the property features are taken for marketing and promotion.
  • At this stage you should also complete a list of chattels for your own records and provide any special instructions.

Marketing

  • We cross-reference our prospective tenants database and contact all suitable matches.
  • Your property is listed on several websites including: www.realestate.com.au & www.mcgregorfn.com
  • Your property is advertised on our in-house rental lists and included in a full colour display.
  • Should it be required your property is advertised in The Mercury newspaper on Wednesday and/or Saturday.

Tenant selection

  • Potential tenants are accompanied on a viewing of the property by your property portfolio manager.
  • Potential tenants are required to complete our comprehensive application form, including supplying 100 points of identification and a recent credit report.
  • All references provided by the applicant(s) are verified and recorded.
  • TICA (Australia wide tenancy database) check is completed.
  • Your property portfolio manager will contact you to present the screened application(s) for consideration.

Leasing

  • The lease is prepared, including any special instructions or extra clauses requested .
  • Your property portfolio manager will compile a detailed condition report, specifying the condition of all areas of the property. Photographic evidence of the property is recorded
  • Your new tenants are required to sign the lease, condition report and photos.
  • Upon completion of the all documentation and your tenants having paid the bond and two (2) weeks rent in advance, they will receive keys to the property.



Managing your property

When enlisting McGregor First National to manage your property our service goes far beyond just collecting rent. Below we outline some of the many tasks your property portfolio manager undertakes on a daily basis to protect your property, ensuring you receive flexible, efficient and effective service at all times.

Rent collection

  • Rent is collected from your tenants through a variety of convenient means.
  • It is a requirement for tenant to be a minimum of two weeks in advance. Should your tenant fall into arrears it is immediately acted upon by your property portfolio manager.
  • Rent is disbursed to you on the last business day of each month. Funds are deposited directly into your nominated bank account, with a rental statement and any relevant invoices forwarded by mail.

Inspections

  • Regular inspections are carried out at your property approximately every 16 weeks.
  • Any maintenance required, either urgent or future, is noted for your consideration.
  • Your property portfolio manager will complete a full report on the inspection, of which you will receive a copy.
  • Your property portfolio manager will also complete a review of the current rent price at each inspection.

Lease renewal

  • We will make contact with you approximately three (3) months prior to the lease expiry date to seek your instructions. Remember: a tenant must receive a minimum of 60 days notice in writing of any increase in rent.
  • We shall make a recommendation on renewal periods and rental price for your consideration.
  • In accordance with your instructions we dispatch a lease renewal document to the tenant or make preparations for vacant possession.

Vacating

  • Should your tenants advise they intend to vacate at the end of their lease term your property portfolio manager will seek your instructions on the re-letting of the property.
  • In accordance with your instructions your property portfolio manager may conduct inspections of the property with potential tenants prior to the vacating tenants departing, in order to minimise vacancy periods.
  • Your property portfolio manager will complete a final inspection of the property, which is compared to the condition report. Tenants are advised of any further work required.
  • Bond (in full or part) is not refunded to departed tenants until the property portfolio manager is satisfied that the property is in the condition that it was when the tenants initially occupied the premises (discounting fair wear and tear).



What happens if a tenant stops paying rent?

If a tenant falls behind in their rental payments they are issued with a 'notice to vacate', advising them that they are behind and requesting that they rectify the problem. If this is not done within the stipulated time period then an application to the Magistrates Court for an 'Order for Vacant Possession' is made.




Awards

In 2009, two of our Property Management Team were winners at the First National Tasmania Gala Awards Dinner, held at Cradle Mountain.

Damien Salter was the recipient of the First National Tasmanian Property Manager of the Year award, recognising his continued commitment to excellence in the field of Property Management.

Kellie Wooldridge was awarded “First National Tasmanian Assistant Property Manager of the Year”, a reflection of her rapid advancement within her previous role.




Market appraisal

If you would like one of McGregor First National's professional staff members to conduct a market appraisal please contact our office on (03) 6278 2666 or complete the online appraisal request form.