Using an independent property manager to give you a rental appraisal is the best way for you to know how much you can rent your property out for and how much tenants are inclined to pay. Keep in mind that if you are asking for too little rent you will be losing out on good tenants who are looking for quality homes to rent and who are willing to pay for that. And asking for too much for your rental property can have the opposite effect by excluding a large portion of potential tenants. Most rental appraisals are given free of charge and with no obligation, and will give you an up-to-date indicator of the rental market in your area. This is particularly important in larger metropolitan areas like Auckland where the rental market tends to fluctuate. At the moment rental tenants in Auckland are paying a premium, which is in line with the current high cost of purchasing a property in the region.
Your bank might also ask for a rental appraisal if you are applying for financing, and an accurate rental appraisal can be very valuable. A trusted independent property manager can also help you invest in a property that will get the best possible rent, this type of investment advice is crucial for property investors with large rental portfolios. A good property manager will also be able to give you handy tips and advice on what you can do to make your rental property more appealing to tenants and increase your rental income.
Auckland has a number of property management companies that offer free rental appraisals for residential rental properties. A good property manager will generally offer a service that is based on getting their landlords the most rent with their properties standing vacant for as little time as possible, and then making sure you get an accurate market rent when reviews come about.
Chase Property Management has been giving honest and fair rental appraisals in Auckland for a number of years. Their property managers use an innovative approach to rental appraisals that includes what tenants you would like to see at your rental property, any definite terms and conditions in the rental agreement, the property’s distinctive features and positioning, and current market conditions and competition.
Chase Property Management uses information from bond lodgement and available property statistics as well as comparing potential rental properties against a list of their current managed rentals to get an accurate picture of how much rent your property could earn.
Call or email This email address is being protected from spambots. You need JavaScript enabled to view it. today if you are in Auckland and would like a free, no-obligation rental appraisal.
