Property Management and leasing
Welcome and thank you for inviting us to discuss your property management needs Located in Sydney City, Wilson Property Agents is a leading independent real estate agency. We provide specialised leasing, executive rental and advanced property management services for an extensive portfolio of astute investors. When it comes to real estate in Sydney’s CBD and city fringe suburbs, we are the authority in the marketplace. Our award winning property management team is equipped with intimate knowledge of both the local area and current rental market conditions. Our business is underpinned by absolute integrity, a results driven focus, unparalleled market place knowledge and exceptional service. These values make all the difference to your ultimate rental income, the time it takes to lease your property and the overall experience you have with our agency. We take great pride in providing superior service to our clients and we look forward to the opportunity to assist with the leasing and management of your investment property.
Adrian Wilson
Principal and Managing Director
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Looking for an agency who will provide a truly refined approach? we will
The Wilson Advantage We specialise in executive leasing Our tenancy acquisition strategies place a strong emphasis on our personal connections with top tier executives in blue chip companies, embassies and executive relocation agents. Our extensive database of clientele extends both locally and internationally.
We take pride in our reputation Being able to trust your agent with your valuable asset is imperative. We will conduct ourselves with the highest level of integrity through honest and open feedback along with regular communication with you. Your best interests are always our top priority.
We will work harder for you Wilson has carved a niche through cultivating a property management service which is tailored to the prestige market. Our culture is built on delivering outstanding results. We will always be determined to achieve the best outcome and work harder for you.
We go the extra mile Over the years, we have gained an acute understanding of the expectations and demands of the exclusive client group we represent. Accordingly, we have developed a responsive approach that recognises the challenges that surround the lifestyles of our clients.
We attract better candidates, faster We offer our clients superior marketing exposure at a cost effective price. All of our landlords receive priority listing placement and eBrochures on the key property advertising websites as well as professional photography. Your property will look its best and stand out, allowing you to attract more enquiries from prospective tenants.
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What can Wilson do for you? Attracting the best tenant Our superior property marketing and proactive approach to conducting open homes means we can find the right tenants for your property faster. Our stringent tenancy selection process ensures your property receives the care and attention it deserves from its new occupants. Standard rental applications require 100 points of identification, proof of income as well as rental references.
Collecting rent and controlling arrears From the outset our approach to tenant selection means the chance of your tenants falling into arrears is reduced. Paying rent is easy as we offer a variety of payment methods including direct debit, BPAY and credit card. Tenants who fail to pay rent on time will be contacted immediately to establish why the payment is delayed. Any tenant who doesn’t respond within fourteen days is issued with a termination notice, giving them fourteen days to vacate the property. If this ever happens, we will be in touch with you at every stage of the process, to seek instructions, provide advice and keep you informed.
Rent Reviews We conduct rent reviews regularly and when the time comes we take into consideration current market rents, vacancy rates and the general appeal and condition of your property. We will always consult with you and provide advice on the best approach to ensure the right balance between receiving the maximum rental yield and tenant retention.
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Tenant Management For your convenience our team of experts prepare the tenancy agreement and all required paperwork for your new tenant. We also take the time to ensure tenants are clear on the conditions of their lease and highlight any specific requirements to assist in a smooth troublefree tenancy. We inform the tenant that the property should be returned in the same state when they vacate, with due respect to normal wear and tear. Post-placement services are then undertaken for you, from lodging the rental bond to documenting handover of keys.
Inspections and Reports Ingoing and Outgoing Condition Reports – We prepare concise reports on the property’s condition at the time the new tenants take occupation as well as after they vacate the property. Periodic Inspection Reports - Periodic inspections are performed every six months and a written report is sent to you outlining the condition of the property and any repairs which require attention. Photographic evidence of inspections can be arranged when necessary.
Repairs and Maintenance We closely monitor any required repairs and act accordingly after liaising with you. Tenants are required to submit repairs in writing, and can do so via our website, to ensure detailed records are kept of all repairs lodged. We attend to emergency repairs immediately, contacting you with details as soon as possible. All invoices for repairs carried out are deducted from the rent monies held. Full details are listed on your monthly statement along with a copy of the invoice.
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Which agency will go the extra mile for you?
we will
Tenant Disputes and Grievances We manage any disputes that may arise with diplomacy and professionalism. Fortunately, disputes between tenants and landlords are uncommon. In the unlikely event that normal negotiations do not resolve the matter we can apply to the NSW Civil and Administrative Tribunal (NCAT) for a hearing and attend on your behalf.
Receiving your rental income and statements Rental monies can be received by either electronic transfer to your nominated bank account or by cheque. Detailed rental statements are sent to you monthly which include rent paid to date, rental period paid and any credits or disbursements. An additional income and expenditure statement can also be sent to you at the end of the financial year which provides complete accounting for your property. This will save both you and your accountant considerable time and possibly reduce your accounting fees.
Insurance It is very important that appropriate insurance is taken out and we strongly recommend insurance that specifically covers tenant default in loss of rent. We can put you in touch with a range of insurance companies who will assist you in finding the right level of cover. If required, we can arrange for payment of your premiums from the rent collected.
Thank You We thank you for taking the time to review this information. The next step is a detailed assessment of your property and a discussion of your specific needs and expected outcome.
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Schedule of Fees Leasing and Management Fees Letting Fee
1 x week’s rent per 6 month term
Casual Letting Fee
1 x month’s rent
Lease Renewal
1 x week’s rent
Management Fee
7% of rent received
Property marketing 4 x professional photos and high reach premium internet advertising: • priority listing and eBrochure on domain.com.au; • priority listing on realestate.com.au; and • listing on wilsonproperty.com.au
$300
administration Charges Tenancy Preparation Fee
$30 per lease
Tenancy Reference Check
$30 per new tenancy
Management Administration
$10 per month
End of Financial Year Report
$50
Organising Repairs
No Charge
Collection and Payment of Rates
No Charge
Rental Revision
No Charge
Condition Report for a Managed Property
No Charge
Condition Report for a Non-Managed Property
$80 per report
Preparation of Inventory List for Furnished Properties
$100 per hour
tenancy tribunal charges Attendance at Tribunal
$150 per hour
Serving of any Notices
At Cost
Applying for Tribunal Order
At Cost
*All property management fees and associated costs are subject to 10% GST, which is usually tax deductable for privately owned investments. In all cases please seek your own professional accounting advice.
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Shop 25/7 Macquarie Street, Sydney NSW 2000 8272 4444 I info@wilsonproperty.com.au I wilsonproperty.com.au