Hi all,
Our mortgage broker suggested using a Relocation Company to find tenants for our latest IP. Apparently they would pay a higher rent, would have better tenants and no problems with tenants not paying, as in most cases rent gets paid by a company.Today we rang a few companies, some of them seem to be very interested on our property and were actually disappointed when we told them that the property would only be available from mid November.
I would like to hear from people who used them before and can share some experience. Good or bad.
jsandso
What is a relocation company? What were the names of the ones you contacted? Where did you find their numbers?
Sounds like ideal system to find tenants, whats the catch? Big commissions, short leases?
lifexperience
lifeX
just look up Relocation Consultants &/or Services in yellowpages.com.au and you will find a long list.
Some companies are only interested in executive homes with as many features as possible like pool, rev. cycle aircon, ocean views and so on. But some are also interested in normal residential homes as long as they are in good location and good condition.
Lease period could be anything short and long, depends on their clients.
Commission…you will like that….there is no commission, at least not with the companies we spoke to. When I ask why, they said that it is part of there service to organize everything for the clients and they would pay for it.
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