• Login:
Welcome, Register Here
follow PropertyTalk on facebook follow PropertyTalk on twitter Newsletter follow PropertyTalk on LinkedIn follow PropertyTalk on facebook
Results 1 to 5 of 5
  1. #1

    Post PM: advertising + tenant selection only?

    Hi,


    Newbie to this forum - appreciate the advice and knowledge shared by all.


    My question is: I have a property in Dunedin, and live in Auckland. I have family in Dunedin who can manage the property day-to-day but are uncomfortable advertising, vetting and choosing tenants. I completely understand as this is beyond their skillset and comfort levels.


    So I'd like to engage with professionals to do the tenant selection: will property management companies do this? (i.e. advertising and tenant selection but nothing more). It's not really clear on their websites, plus I'm not sure if they'd be happy about this and hence treat my business neglectfully, as an afterthought.


    If they do, what can I expect them to charge me for this service?


    Thanks

  2. #2
    Join Date
    Aug 2003
    Posts
    7,672

    Default

    Hi Michitouk,

    Why not contact some and ask them? It may not be standard practice but there's no harm in asking. I suppose if there is any reluctance it may be around the responsibility - i.e. they won't want any risk associated with doing the tenant selection on your behalf.

    Why not just use a property management company to manage the property? Peace of mind and all that.

    cheers,

    Donna
    PropertyTalk Blog - property articles

    BusinessBlogs - the best business articles are found here



  3. #3

    Default

    Ask a few. There are letting services.
    Free online Property Investment Course from iFindProperty, a residential investment property agency.

  4. #4
    Join Date
    May 2004
    Location
    Christchurch
    Posts
    573

    Default

    What a hassle and chore for your family asking them. Do them a favour and get a professional if you can’t do it.

  5. #5

    Default

    Quote Originally Posted by hawkeye View Post
    What a hassle and chore for your family asking them. Do them a favour and get a professional if you canít do it.
    Understood - but my brother has indicated he doesn't mind (he's a handyman too so could do some of the maintenance himself). I mean, apart from the inspections, it's only really about being there for the tenants if there are any issues? Saves me 10% of the rent, and I can share those savings with him ;-)

    I'll follow the advice and call the agencies, see if they offer a find-a-tenant service separately. I was just hoping to get a gauge on the fees for this, and the forum members experience.


 

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Property management - tenant selection only
    By Michitouk in forum Property Management
    Replies: 0
    Last Post: 10-10-2019, 10:30 AM
  2. Section selection 101?
    By stevie in forum General (NZ)
    Replies: 3
    Last Post: 30-11-2015, 06:18 PM
  3. Advertising websites
    By JMCI in forum Property Investment (NZ)
    Replies: 3
    Last Post: 13-05-2010, 05:56 PM
  4. Advertising Tenant Debt
    By essence in forum Tenant Stuff (NZ)
    Replies: 2
    Last Post: 24-04-2010, 11:14 PM
  5. Advertising Help
    By Afghan Monster in forum Tenant Stuff (NZ)
    Replies: 2
    Last Post: 26-02-2010, 05:09 PM
  6. Replies: 12
    Last Post: 14-07-2008, 10:21 AM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •