our property management strategy


REALISING THE TRUE POTENTIAL OF YOUR INVESTMENT PROPERTY
At Powe Property, we aim to achieve true value returns on your property by realising the best possible rental. Achieving optimum rent means knowing the market and having the skills to negotiate the best possible rental rate. We are constantly monitoring the market and initiating appropriate rental reviews for our Landlords.

MINIMISED VACANCY
We understand that minimising vacancy maximises the return on your investment. Our strategies to achieve results include re-signing tenants to fixed leases, marketing properties and establishing good relationships with tenants to ensure co-operation with access for inspections prior to them vacating the property. 

TENANCY SUPPLY
In addition to advertising properties in the press and online, Powe Property uses innovative marketing strategies to display your rental property to a local, interstate and international market. We then run stringent checks on all applicants and present you with a selection of prospective tenants who have met our highest standards.

TENANT CHECKING
Our stringent tenant checking system includes a 100 point system similar to that used by banks. In addition, we check a national tenant database which has links to other credit control agencies, call the tenant's previous leasing agent as well as confirm their current employment.

COLLECTION AND LODGEMENT OF BONDS
A holding deposit of one week’s rent is paid while the tenant is being approved. A subsequent balance of one week’s rent is paid prior to the tenancy commencing.  An additional bond of four weeks’ rent is collected and held as a bond. All monies and claims are lodged with the Residential Tenancies Authority on your behalf.

PROTECTING YOUR INCOME
We put a very high priority on collection of rent and do everything we can to ensure tenants fulfill their obligation to pay their rent as it is due. Rental arrears are checked daily and notices served promptly should tenants fail to meet their commitment.  Powe Property recognises that we all have busy lifestyles, so we offer our tenants a number of ways to pay their rent – Bpay, internet banking, bank direct deposit or by visiting the office.

REGULAR INSPECTIONS AND REPORTING
We stay in touch with our tenants and inspect your property/s regularly to ensure they are being maintained. Subsequent to our inspection, a written report will be prepared and forwarded to the landlord.  We will thus ensure that any repairs deemed necessary by the landlord are promptly attended to by a qualified tradesperson.

PROPERTY MAINTENANCE
You have invested in property and you require sound monitoring of the condition of your premises. We have a network of trusted trades’ people who look after all properties managed by us. Any requests for maintenance are documented and progress of repairs is monitored.

RENTAL TO BE CHARGED
Based on our experience and similar properties rented in the same area, we believe Powe Property is best placed to advise you on the correct amount of rent to be charged. By setting an appropriate and reasonable amount, we believe that it is more favorable to have a continuing tenancy than a series of tenancies with intermittent breaks. This can occur during periods of low vacancy levels thereby incurring a subsequent financial loss.

RENEWAL OF LEASES
Leases are renewed to existing tenancies each month as they fall due, with a review of the rents paid regularly compared to the current rental market.

ACCOUNTING TO LANDLORDS
The accounting for end of month payment is closed usually two working days before month end, and payment of monies to you is completed by the first working day of the next month.

YOUR OWN PERSONAL PROPERTY MANAGER
With Powe Property, you can benefit from having one personal point of contact, a real-estate qualified professional who is trained to handle each and every aspect of managing your property. This person will get to know both you and your property personally, and offer you the best possible service.  Time means money. You can rest easy knowing we are paying you 100 per cent of our attention when you need it most. We will care for your property as if it were our own, regardless of its value or location.

YOUR OWN PERSONAL SALES AGENT
All Landlords with Powe Property will have a personal sales agent allocated to their property that will keep in touch with them during the year to provide important information on the market in general, recent sales and properties on the market. We understand Investors need to keep an eye on the market and to be able to take advantage of market conditions if you want to increase your property portfolio.

FEES AND CHARGES
Our fees and charges are very competitive within the market.  Our aim is to provide our Landlords with impressive returns, thus our fee structure is based on charging reasonable fees that provide you with the maximum result and service. Contact our office for a comprehensive fee proposal.


MARKETING AND ADVERTISING
Similar to our sales division, Powe Property has a very high standard of marketing.  Our office website has been developed with the consumer in mind and has had excellent feedback from Buyers and Tenants as to the “user friendly” aspect.  We require all our sales and rental properties to be professionally photographed, because in this day and age, how your property is viewed on the internet will determine the amount of interest. Contact our office for a comprehensive property management proposal.