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Allen Realty – Ensuring Thorough Tenant Selection

Published: Thu 13 Feb 2014 11:42 AM
Allen Realty – Ensuring Thorough Tenant Selection
One of the main decisions to be made after purchasing a rental property is whether to DIY or employ a professional property manager. Property management is much more than finding a tenant and making them pay the rent as most landlords will discover. It is the security of having a dedicated manager 24/7 available to manage the many issues and problems that are part of managing a rental property and this is where the professional team at Allen Realty come in, and they are particularly experienced in ensuring thorough tenant selection. Tenant selection is one of the most important aspects of property management and as such is a focus of their job and if they don’t think tenants will suit the property they will simply decline applications so they can help protect that asset.
At Allen Realty they screen all tenants by completing a comprehensive tenant selection process. This includes credit checks, reference checks and Tenancy Tribunal database checks (to check potential tenants don’t owe previous landlords money). Their first goal is to protect their client’s asset so if potential tenants don’t meet their criteria, they will decline applications. Once tenants have been chosen they will complete all legal documentation (including tenancy agreements and bond lodgements) on their client’s behalf.
Allen Realty has strict processes in place to govern their tenant selection process. This is an important part of risk reduction for them as a trusted property management company. It is one of the most important parts of a property manager’s role. The rest of the tenancy relies on this process being given the focus it deserves. Matching the right tenant to a property is vital for long term trouble-free ownership. The knowledgeable team at Allen Realty know how to minimise the many pitfalls of tenant selection and make this aspect a key to their property management plan. The failure to complete this process thoroughly can be costly.
When Allen Realty present owners with applications to rent their properties it is standard for them to carry out the following checks to ensure that the most suitable tenant is chosen. First of all, they obtain verbal references from current or former landlords and also, where applicable, they obtain verbal references from current or previous employers. They also complete a credit check and a Tenancy Tribunal Database check. This attention to detail is what they, as a leading Auckland property management company, have built their reputation on.
For further information please visit their website at www.allenrealty.co.nz.
ENDS

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