Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Allen Realty – Ensuring Thorough Tenant Selection

Allen Realty – Ensuring Thorough Tenant Selection

One of the main decisions to be made after purchasing a rental property is whether to DIY or employ a professional property manager. Property management is much more than finding a tenant and making them pay the rent as most landlords will discover. It is the security of having a dedicated manager 24/7 available to manage the many issues and problems that are part of managing a rental property and this is where the professional team at Allen Realty come in, and they are particularly experienced in ensuring thorough tenant selection. Tenant selection is one of the most important aspects of property management and as such is a focus of their job and if they don’t think tenants will suit the property they will simply decline applications so they can help protect that asset.

At Allen Realty they screen all tenants by completing a comprehensive tenant selection process. This includes credit checks, reference checks and Tenancy Tribunal database checks (to check potential tenants don’t owe previous landlords money). Their first goal is to protect their client’s asset so if potential tenants don’t meet their criteria, they will decline applications. Once tenants have been chosen they will complete all legal documentation (including tenancy agreements and bond lodgements) on their client’s behalf.

Allen Realty has strict processes in place to govern their tenant selection process. This is an important part of risk reduction for them as a trusted property management company. It is one of the most important parts of a property manager’s role. The rest of the tenancy relies on this process being given the focus it deserves. Matching the right tenant to a property is vital for long term trouble-free ownership. The knowledgeable team at Allen Realty know how to minimise the many pitfalls of tenant selection and make this aspect a key to their property management plan. The failure to complete this process thoroughly can be costly.

When Allen Realty present owners with applications to rent their properties it is standard for them to carry out the following checks to ensure that the most suitable tenant is chosen. First of all, they obtain verbal references from current or former landlords and also, where applicable, they obtain verbal references from current or previous employers. They also complete a credit check and a Tenancy Tribunal Database check. This attention to detail is what they, as a leading Auckland property management company, have built their reputation on.

For further information please visit their website at www.allenrealty.co.nz.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Economic Update: RBNZ Says Rate Cut Seems Likely

The Reserve Bank will likely cut interest rates further as a persistently strong kiwi dollar makes it difficult for the bank to meet its inflation target, it said. The local currency fell. More>>

ALSO:

House Price Action Plan: RBNZ Signals National Lending Restrictions

The central bank wants to cap bank lending to property investors with a deposit of less than 40 percent at 5 percent and restore the 10 percent limit for owner-occupiers wanting to take out a mortgage with a deposit of less than 20 percent, according to a consultation paper released today. More>>

ALSO:

Sparks Fly: Gordon Campbell On China Steel Dumping Allegations

No doubt, officials on the China desk at MFAT have prided themselves on fashioning a niche position for New Zealand right in between the US and China – and leveraging off both of them! Well, as the Aussies would say, of MFAT: tell ‘em they’re dreaming. More>>

ALSO:

Loan Sharks: Finance Companies Found Guilty Of Breaching Fair Trading Act

Finance companies Budget Loans and Evolution Finance, run by former 1980s corporate high-flyer Allan Hawkins, have been found guilty of 106 charges of breaching the Fair Trading Act for misleading 21 borrowers while enforcing loan contracts. More>>

ALSO:

Post Panama Papers: Govt To Adopt Shewan's Foreign Trust Recommendations

The government will adopt all of the recommendations from former PwC chairman John Shewan to increase disclosure and introduce a register for foreign trusts with new legislation to be introduced next month. More>>

ALSO:

The Price Of Cheese: Cheddar At Eight-Year Low

Food prices decreased 0.5 percent in the year to June 2016, influenced by lower grocery food prices (down 2.3 percent), Statistics New Zealand said today. Compared with June 2015, cheese prices were down 9.5 percent, fresh milk was down 3.9 percent, and yoghurt was down 9.2 percent. More>>

ALSO:

Financial Advisers: New 'Customer-First' Obligations

Goldsmith plans to do away with the current adviser designations which he says have been "unsatisfactory" in that some advisers are obliged to disclose potential conflicts of interest and act in their customers' best interests, but others are not. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news