ABSOLUTE MANAGEMENT SERVICE FEE.
Absolute Rentals Property Management Service Fee is 8.5% +gst
This is what YOU will receive for our service fee.
Property Management is our specialty, therefore making your Investment our number one priority. We understand what you need as we are also Property Investors. Wade, the Director of the company, over sees the management of your property.
We are an independent stand-alone office specifically trained to efficiently and effectively manage your property. We offer a Lower Property per Property Manager Ratio ensuring your Investment gets the attention it deserves. Ask the question; “How many properties does your current Property Manager manage?”
We appreciate our clients time is important, so we will do our utmost to assist your call first time. We use innovative marketing to maximize exposure of your property to find a quality tenant fast. We offer our agency website www.absolute-rentals.co.nz also Trade Me, Facebook and Twitter.
An advertising fee of $99.00 +gst per annum will be charged.
We take great care throughout the tenant qualification process. All prospective tenants are thoroughly screened.
- Photo Identification – (Driver License / Passport / Birth Certificate)
- Income Verification – (Pay slips / Letter from employer / Bank statement)
- Credit check.
- Comprehensive tenancy history and personal reference checks.
- Finally, prospective tenants are approved or disapproved by you as the Owner of the property. You have the final say. You will always be contacted prior to the tenancy approval.
We use an established prospective tenant database which gives us a distinct advantage in the prompt letting of your property. We are committed to a high level of professional and informed service.
We implement fully documented detailed policies and procedures to ensure consistency and a streamlined management service. We communicate with you regularly and keep you fully informed on all important matters relating to the renting and management of your property.
We use the following tools when assessing the market rental value of your property.
- Market conditions
- Comparable property rents
- Vacancy factors
- General condition of the property
- Tenant quality and the length of tenancy
Our personalized and positive approach, teamed with our solid industry experience, will actively promote your property to the prospective tenants. We will send you an easy to understand monthly rent statement and upon request we can provide these statements via email also. We are fully web enabled (www.absolute-rentals.co.nz) so you can quickly gain access as to how well your property is being marketed.
We have highly detailed policies and procedures that are followed to ensure a high level of consistent service. We are dedicated to a prompt, informed, and professional service. Our core values of trust, integrity, and honesty. Our service extends beyond our office as we are constantly working in the field networking to assist our Owners prospects.
Areas of priority throughout the Management Service.
Renting – To ensure the prompt letting of your property to a tenant that has been thoroughly screened and qualifies for your property.
- Unlimited personally escorted viewings of your property with prospective tenants.
- Supervision and the completion on signing of all tenancy documentation.
- The lodgement of the Rental Bond with the Department of Building and Housing (DBH)
- Releasing the tenants Bond after approval of the vacating inspection at the property.
- Regular rent reviews based on current market equivalent.
- Electronic banking of the rent collected into your nominated account monthly or mid-monthly.
Commencement Inspections – To accurately record the condition of your property at the commencement of tenancy to avoid confusion and /or disputes at the end of tenancy.
Routine Inspections – This monitors the condition of your property and ensures that the tenants are abiding by the Tenancy Agreement. Completion of a detailed and thorough Property Condition Report (property photographed). This will be provided to you every 3 months and you will receive this report via email.
Outside Palmerston North City Boundary Fees per property inspection: $55.00 +gst
Vacating/Bond Inspections – To protect the quality of your property by ensuring the property is returned in the same condition as at tenancy commencement, fair wear and tear accepted.
Intermittent external drive by inspections of your property to intercept problems.
Accounts – To monitor (daily) the ingoings’ and outgoings of your property account to ensure this record is maintained as it should be for an Investment property.
Arrears – To monitor any rental arrears to ensure tenants are paying rent under their obligations of their Residential Tenancies Agreement.
Maintenance and Repairs – To coordinate and manage maintenance/repairs and ensure any works carried out at your property are performed by fully qualified and competent tradespeople that also carry the appropriate insurances.
Tenancy Tribunal – To ensure you are effectively and legally represented. We will always endeavor to negotiate an agreement between parties in the event of a dispute offering you the best possible representation.
To attend hearings or any related matters regarding the Tenancy Tribunal pursuant of the Residential Tenancies Act 1986, a fee of $25.00 per application will apply. Thereafter, an hourly rate of $50.00 +gst per hour will be charged.
Any other assistance provided by Absolute Rentals over and above, as directed or authorized by the Owner, will attract a further rate of $75.00 +gst per hour plus disbursements.
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