originally posted by realestate.com.au and written by Jarrod Scott – REA Group.
The climate for renters is tough – low supply, high demand and increasing prices are making it a frustrating experience for tenants seeking a home.
The Brisbane vacancy rate is 1.33 per cent with a listing only lasting a median of 17 days on realestate.com.au.
Be prepared to submit multiple applications – it could take some time.
Tenants need to find a way to stand out from the crowd. Here are four tips.
Be Ready To Pounce
Once you know what area you want to live in, make sure you keep up with listings.
Save properties by creating a renter profile – this way you can keep track of inspections, which can sometimes mean going to multiple inspections on the same day.
One of the major things property managers look for is an application that they can put straight to the landlord. This means any missing documentation or details can work against you.
Ensure you have a flawless application including referrals, rental history and identification documents, so the property manager doesn’t need to follow up with you on any of this.
We have put a lot of effort into building a rental platform on realestate.com.au that makes the search and application journey as smooth as possible. Once you’ve made a renter profile, you can easily apply for multiple properties and keep track of all inspection times.
Presentation matters when attending an open-for-inspection. Make sure you’re on time and introduce yourself to the property manager – setting a good impression from the get-go means you will be remembered when the applications are being processed.
Being courteous goes a long way.
Don’t wait – once you’ve viewed the property in person, submit your application immediately. The longer you wait, the more applications property managers view and prioritise ahead of yours.
It’s beneficial having your referees prepped and aware that you’re applying for rentals, so they’re ready to take a call and give you a glowing reference.