advertising after tenants notice

Discussion in 'Property Management' started by ozwanderlust, 19th Jun, 2017.

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  1. Cimbom

    Cimbom Well-Known Member

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    We gave the minimum 3 weeks notice to our PM (in NSW) and will likely be having six inspections in this time which seems like overkill to me. Especially the weekday ones which no one has actually turned up to yet. I get the need to rent it out quickly - they could help themselves in this regard by listing it as a 1 bedder (rather than a 2 bedder - it's just a sunroom/study). The PM also foolishly wrote in the description that the room would fit a double bed and wardrobe which is absurd. Last time, we had several groups of friends look at it and it's pretty obvious why no one put in an application. It's good to get people to turn up but no one is going to apply for a 1 bedder if they are specifically looking for something with 2 rooms so they can share the rent.
     
  2. D.T.

    D.T. Specialist Property Manager Business Member

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    Thats only 2 a week, which is standard in SA; NSW may well be the same.

    The rest of their post sounds like they're marketing it badly, but thats not related to you at all, thats their problem.
     
  3. Cimbom

    Cimbom Well-Known Member

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    Yes, I know. I don't really see the point of weekday business hours inspections though. Most people would just wait until Saturday rather than taking time off work unless it was a particularly spectacular property. No one has turned up to any of these that they have held so far and it just inconveniences the tenants for no real reason
     
  4. Tom Alaka

    Tom Alaka Well-Known Member

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    Sorry to highjack an older thread - but what if a fixed lease is coming to an end and the tenant has not yet provided their vacate notice?

    I have a situation in Qld at the moment with an agent with 7 weeks to go until lease end. Tenant verbally said they are going but not yet lodged form.

    Can the agent advertise now on this basis? Should the agent have been ready to send the vacate notice 8 weeks prior to lease end ? If agent send a vacate notice now, can we move to advertising based on this ?
     
  5. Chivaun.Shortis

    Chivaun.Shortis Well-Known Member

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    In QLD we must have written notice from the tenant before we can legally advertise the property.
     
  6. Tom Alaka

    Tom Alaka Well-Known Member

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    thanks for replying! Just to probe your response, what if the tenant never does so?

    If a fixed lease is coming to an end, can the landlord do nothing at all but hope that the tenant lodges the notice before lease end so that it can advertise asap?
     
  7. Tom Alaka

    Tom Alaka Well-Known Member

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    Tom Rivera likes this.
  8. Chivaun.Shortis

    Chivaun.Shortis Well-Known Member

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    You can issue the notice to leave 60days prior lease renewal. You can start to advertise at this stage depending on the tenant they make it difficult to gain entry or not have it in a presentable state to secure a new tenant but hopefully they are reasonable and its a kick in the butt to get into the office and resign the lease
     
  9. Tom Rivera

    Tom Rivera Property Manager Business Member

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    You can advertise as soon as the F12 (Notice to Leave, from agent) or F13 (Notice of Intention to Leave, from tenant) is in place.

    I'd recommend advertising no sooner than 6 weeks out, because the majority of tenants wont be looking that far out and by the time they are- you're already down the list online. Most premium listings only last 45 days as well. If it's a popular property, wait until 4 weeks out.

    It is best practice for the agent to provide a 'courtesy' Form 12- Notice to Leave to the tenants if they fail to return the lease two months prior to its expiry. This protects you from the tenants forcing you into a situation where the lease reverts to a periodic term which reduces the control you have over the situation.
     
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  10. Tom Alaka

    Tom Alaka Well-Known Member

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    thanks for your post Tom! Disappointingly, my agent could only tell me that I was at mercy of the tenant returning their notice before I could do anything. They did not offer this option at all, and when I told them I had rights to lodge a form 12, they promptly did so with no offer of apology or admitting they were providing poor service.