For both tenants and landlords, Vancouver is a very tough market in terms of real estate rentals especially homes for rent. Given that vacancy rate is very low (0.9%), finding a rental place becomes a long and tiring process for tenants. It becomes even more difficult for the newcomers as landlords usually ask for local income and or local credit history. Unfortunately, if you will not be careful enough, you may even experience fraud.
On the other side, due to the extensively high demand to rental units, the application and screening process becomes complicated and time-consuming for landlords.
Working with a realtor helps both landlords and tenants to manage the process in a more secure and faster way. Below please find details of our rental and property management services.
Rental Management Services for Tenants:
- Providing detailed market information
- Identifying detailed profile of target property
- Searching for alternative properties
- Contacting with shortlisted properties
- Viewing identified properties
- Identifying fair rent through a comparative market analysis
- Consulting the preparation of supporting documents to ensure qualification
- Managing application process
- Managing agreement process
- Holding condition inspection at move-in
- Consulting tenant during tenancy
- Holding condition inspection at move-out
Rental Management Services for Landlords:
- Providing detailed market information
- Identifying criteria for tenancy
- Identifying fair rent through a comparative market analysis
- Preparing marketing materials such as photos of the property
- Performing online and offline marketing activities
- Contacting with potential tenants
- Showing the property
- Developing application form and managing application process
- Performing comprehensive screening (Online credit report, Reference checks, Employment confirmation, Previous landlord checks, Income verification)
- Managing agreement process
- Holding condition inspection at move-in
- Consulting landlord during tenancy
- Holding condition inspection at move-out
Property Management Services:
- Managing collection of security deposit and rents
- Taking care of maintenance activities
- Managing payment of commissions, fees, taxes, bills
- Depositing net income to the account of property owner
- Accounting and financial reporting
- Performing periodic inspections
- Managing relationship with strata
- Providing necessary notices to tenant (rent increase, eviction etc)
- Renewing lease
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