We always strive to get you the maximum rent possible; however we also must keep in mind the current market when setting the weekly rental rate, in order to get your property tenanted as soon as possible.
To do this, we consider these factors:
a) Demand – Is there a high or low demand for properties at present. This can be seasonal and affected by a number of factors.
b) What is available now – we look at properties currently available for rent on the internet, and consider their location and features for comparison to calculate a maximum rent for your property.
c) What we have rented right now – We compare your property with what we have currently rented, taking into account property location and features.
d) What others have rented right now – We compare your property with what other properties are currently rented for in the location of your property.
e) Statistics – We take into consideration the current rental statistics provided by MBIE which is based on bonds lodged in the last 3-6 months.
These factors allow us to give you enough information to set the right rent for your property.
If you would like a rental appraisal and an opinion on what your property would rent for in the current market, please fill out the form below and one of our property management professionals will be in touch with you.