Local Market Landlord Update

In a chal­len­ging rental mar­ket our team have been busy again this month rent­ing 20 prop­er­ties – with local vacancy rates high we are proud of this effort. It is a timely reminder though to our Prop­erty Investors that if you cur­rently have a good ten­ant treat them like gold as they are sav­ing you money in vacancy and re-letting costs.

We thought we would take this oppor­tun­ity to remind our Prop­erty Investors of their oblig­a­tions under the Res­id­en­tial Ten­ancy Agree­ment of what con­sti­tutes an urgent repair and requires imme­di­ate atten­tion – Divi­sion 5 sec­tion 52 of the Res­id­en­tial Ten­an­cies Act defines urgent repairs as:-

  • A burst water service,
  • An appli­ances, fit­ting or fix­ture that uses water or is used to sup­ply water that is broken or not func­tion­ing prop­erly, so that a sub­stan­tial amount of water is being wasted,Elders Real estate agent kings langley taking names smaill
  • A blocked or broken lav­at­ory system,
  • A ser­i­ous roof leak
  • A gas leak
  • A dan­ger­ous elec­trical fault
  • Flood­ing or ser­i­ous flood damage
  • Ser­i­ous storm or fire damage
  • A fail­ure or break down of the gas, elec­tri­city or water sup­ply to the res­id­en­tial premises,
  • A fail­ure or break­down of any essen­tial ser­vice on the res­id­en­tial premises for the hot water, cook­ing, heat­ing, cool­ing or laundering
  • Any fault or dam­age that causes the res­id­en­tial premises to be unsafe or insecure,
  • Any other dam­age pre­scribed by the regulations,

Please be aware that if any of our team ring you regard­ing any of the above repairs, it is of vital import­ance the repair is com­pleted as soon as pos­sible. Fail­ure to do so can res­ult in the ten­ants being able to make the repair them­selves at YOUR cost using a trades­per­son of their choos­ing. It is far bet­ter for us as your Man­aging Agent to arrange and be in con­trol of the repair and this also reduces your expos­ure to com­pens­a­tion claims.

elders giraween property managment team

At the Eld­ers half yearly awards last month our team was again Num­ber 1 for let­tings – so we must be doing some­thing right! We believe our ser­vice to our Land­lords of provid­ing them with 30 day premier list­ings on realestate.com.au is con­trib­ut­ing to our suc­cess in the let­ting mar­ket (this is a free ser­vice to all our Prop­erty Investors).

 For more local mar­ket inform­a­tion click on our August update here

About 

Jhai is an award win­ning Inter­net Mar­ket­ing Real Estate Agent for Eld­ers Toongab­bie and Kings Langley. After run­ning his own inter­net mar­ket­ing busi­ness he has now set his own sites for the real estate industry. He observed that 90% of real estate agents did not know how to mar­ket them­selves online. Jhai is now fixed on one goal. To teach real estate agents that they can mar­ket online so much bet­ter than they cur­rently are.

Since then he has been con­sist­ently quoted in the Sydney Morn­ing Her­ald and Real Estate Busi­ness online. He is a reg­u­lar guest blog­ger on TheHomePage.com.au, shar­ing his expert­ise of mar­ket­ing aspects for the Real Estate Industry. His biggest pas­sions are his wife, mar­tial arts, dogs and most of all property.

seven hills real estate agent NSW
Cnr Federal Road Prospect Highway Seven Hills NSW 2147 Australia