When a tenant gives notice to vacate your property, there is more to the process than a final inspection and releasing the bond.
Following in point form is an overview of each stage of the process to give you a better understanding of what we do as your managing agent to protect your investment.
1) Verify the correct notice has been given by the tenant.
2) Carry out a fair market rent review to ensure that we are maximising your income.
3) Seek instructions from you to ensure that your circumstances have not changed and that you are happy to re-rent the property.
4) Determine possible improvements & renovations.
5) Promptly list your property for rent to ensure that we get the best possible tenant in the quickest possible time.
6) Send the tenant a letter outlining their requirements for vacating as well as our expectations. This includes advising the tenant that it is important that rent is paid up until the vacating date; when keys are required to be returned, as well as a detailed checklist for the tenant outlining what needs to be cleaned and what receipts need to be submitted to assist them getting a full bond refund.
7) Establish a date for the final inspection. If you are local to your property we recommend that you inspection your property while it is vacant. This will give you an opportunity to review possible improvements and renovations that may be required.
Verify the keys returned by the tenant with the original photocopy of keys issued at the commencement of the tenancy.
9) Ensure that the carpets have been cleaned and pest control carried out. (where applicable)
10) Conduct the final inspection.
11)Review the condition of the property to the “Entry Condition Report”.
12)Organise final cleaning.
13)Determine the bond.
14)Determine any possible outstanding debt and follow up with listing the tenant on a national database register to maximise your ability to reclaim the debt.
Final Vacate Tip: The best time to carry out improvements to the property is when it is vacant. It is often best practice to allow 3-7 days in between the re-let process of another tenant entering the property to allow ample time to ensure the property is presented in an A1 condition.
If interested in learning more about this update please contact me today!
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As Domain Property Advocates continues to grow I will continue to provide superior service to those choosing to use property as their investment. It is an important choice of who to choose as the one responsible to look after your property. You can be sure that Domain Property Advocates will always strive to be the best. |  |
