The housing sales market has been slow. You may have been trying to sell your home but not seeing either the demand or the price you believe it is worth. Have you considered renting it for two years to capitalise on the strong rental demand while also allowing the sales market time to recover?
It may not have been something you would have considered; however using an experienced property manager to ensure your home is professionally cared for will, in most cases, outweigh the cost of their services. Besides rental return to offset your mortgage, you may also be looking at capital gain. As discussed in last month’s article, rental prices have increased by 20% since 2018 and this is being further influenced by a large increase in tenants actively looking, compared with the limited number of properties available for rent. If you would like to delve deeper, contact us for a free rental appraisal and we can advise on all that is involved.
As a special offer for Channel Mag readers this month, we can manage your property for 0% fees for the first 3 months*
This will enable you to sit back, relax and leave the work to us. We look after your home like it’s ours; we pride ourselves on taking a firm but fair approach with our tenants to ensure they are looking after the property to our high standards. This doesn’t mean that problems will never occur, and through knowledge and experience, we have developed effective strategies to deal with these so you won’t have to!! Contact me to learn more. *Conditions apply.
Testimonial from a happy owner:
"Barfoot & Thompson was our company of choice to manage the renting of our residence for one year and then its sale by auction. The services rendered by the property manager for the rental period were excellent, as was that of the salesperson. In both cases we felt our needs and perspectives were well understood and met. Both the property manager and salesperson were professional, friendly, efficient and responsive. We could not have asked for more."
Louise Benson, Head of Property Management
Barfoot & Thompson Milford
027 431 9536
milford.rental@barfoot.co.nz