Who does the rental manager work with?
Cartref Properties provides rental management services to investor owners renting their properties. What does this mean?
We enter into contracts with owners of the rental property to assist them in finding tenants for their properties. We advertise the property for rent, show the property to prospective tenants, screen applications and select tenants for the property. We then complete the move in process at the start of the tenancy. During the tenancy we manage the communication between tenants and landlords. At the end of the tenancy we complete the move out process as required under the tenancy laws.
We are often asked by Real Estate Agents to help their clients find a rental. A rental manager works for the owner of the property and therefore we are permitted to work for tenants who are looking to rent a property. The ironic situation is that licensed Real Estate Agents who are permitted to assist tenants to find a place to rent, often ask us to assist their clients find a rental.
Why are rental managers not permitted to assist a tenant locate a rental property. This would be considered dual agency if it was one a rental that they were managing for their clients which is prohibited by the real estate council rules.
If you are an owner looking to find a tenant for your property a rental manager can assist you with this task. If you are a tenant looking to search for a rental, a rental property manager can’t assist you with this task. They can show you properties they have for rent, but as they represent the owner, their client they are not able to provide advice on the rental of the property.
Need help managing your investment properties. Cartref Properties can assist you, call today to discuss your needs. You can find more information about us at: www.cartrefproperties.com