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What factors affect the leasing of your property?

1. Demand - for your type of property from qualified renters is controlled by:


1. Location - Proximity to urban core, large corporations, schools, institutions & services, like shopping.
2. Size, features, & property condition.
3. Price, the inclusion/exclusion of utilities & their cost.
4. Favourable economic conditions (job growth, immigration, interest rates)
5. Amount of competition.


2. Marketing
   1. Advertising
   1. Signage - you can buy those black and orange signs from the hardware store or hire a leasing agency who will put one on your lawn. What differentiates them from realtor signs? Do they stand out?
   2. Print media - Newspaper, Bargain Hunter, HomeRenters Guide, etc.
   3. Internet - Kijiji, Craigslist, or any of the myriad of other listing services.
   4. Institutions – Universities, Hospitals, large corporations, etc.
   
   
   2. Listing with leasing agencies. Be prepared to pay 1 month’s rent + HST & they will expect you to try to rent it yourself as well. An “Open Listing” implies and delivers very little service.

The Pad Picker offers:

1. Experience – over 15 years of leasing hundreds of properties.


2. Networking – we email over 500 Realtors® when relocating executives looking for homes. This creates tremendous spin-off for other leads.


3. Signage – bright orange & black 24" x 24" signs. These colours are used by popular rental signs sold in stores and associated with rentals. They really grab your attention. Take a look.


4. Advertising – listed in the yellow pages.


5. Relocation – 6 years of residential leasing relocation for the military & large corporations.


6. Exclusive Listing – fee is 75% of the first month’s rent + HST. TENANT IS GUARANTEED FOR 6 MONTHS OR REPLACED FOR FREE (some conditions apply).

We will:

1. Design, place & track the ad in the classifieds for you. Client pays for the ad, usually ~$35/week. Size is up to you.
2. Place a sign in front of your property.
3. Answer all inquiries and perform showings.
4. Provide background & credit report from a licensed credit agency. Use experience to determine suitability & truthfulness of applicant for property.
5. Prepare all lease documentation.
6. Provide you/your property manager with the form to go through the property with the tenant to do the In-going Inspection. The rest is up to you unless you hire us to manage the property.

Other investments like mutual funds and stocks are purchased and never thought of until you receive an annual statement or a call from your financial advisor. Income properties are investments that require a lot more attention. We will maintain your properties with due diligence to suit your goals and maximize the return on your investment.

Preventive maintenance is essential for protecting your property and retaining tenants.

Obtaining quality tenants is paramount to protecting your investment.

We will go over your goals and objectives with you and tailor a property management service that meets your needs and exceeds your expectations.

Fees start at 7% + HST of revenue for condominiums and are negotiable based on type, volume, location, condition, and services required. Single family homes are 10% + HST. Call Tim Nettle to receive more details.