Tips to use When Applying for a Rental Property

Melton Latest News | Rent | resources | Tenants Portal 24th September, 2019 No Comments

Here at Professionals Ryder Real Estate, we understand that it can be difficult to find a property when you are competing against so many other applicants – especially if you don’t have any previous rental history. We’ve decided to provide you with some hints and tricks, to help your application stand out from the rest.

  • Ensure that all sections of the application are completed.

It’s crucial to ensure that all sections of your application form are filled out to the best of your ability. This means ensuring that any details about any rental history – especially the contact details of previous or current managing agents – are included in the application. This will mean that the property manager is able to gain rental references for your previous accommodation history. As a bonus, you can ask your current or previous managing agent to supply you with a letter of reference, to assist the property manager with the processing of your application. Make sure to add any pets to the rental application.

  • Provide all supporting documents.

If a property manager has received an overwhelming amount of applications for a certain property, it can be incredibly time consuming if they need to contact each individual applicant in regards to sending through required documents. For our applications at Professionals Ryder Real Estate, we require at least 100 points of supporting documents. Each individual document can range anywhere between 10 – 40 points, and include identification such as; driver’s licenses, passports, other photo ID, payslips, rental ledgers, bank statements, Centrelink statements, bills and rates notices. It will be helpful for the property manager if you supply this documentation straight away, and will also show them that you are organised and prepared.

  • Demonstrate that you are able to pay the rent.

When viewing your application, the property manager will need to ensure that you’re able to pay the required rent, every week. To show that you are able to do this, you can provide payslips, bank statements or rental ledgers, to prove that you have the finances to continuously pay your rent. If you are dedicated to being accepted into the property, you can even offer to pay extra rent in advance, or to pay slightly extra than the property is being advertised for.

  • Write a cover letter.

Writing a cover letter is a great opportunity to introduce yourself to the property manager. Consider it similar to a cover letter for your resume – you want to explain who you are, why you’re interested in the property, and how you will be the most suitable tenant. Talk briefly about any rental history that you have, mention whether or not you are working (if so, what you do or why you aren’t working), and include mention of any Centrelink payments that you receive. If you have a pet, it’s a good idea to write about them on your cover letter, explaining you are aware that you will need to pay to fix any damages caused by them. Don’t go into too much detail on your cover letter; keep it professional but still personal, and preferably keep it to one page.

  • Make yourself known to the property manager.

It’s important to make yourself known to the property manager – in a positive way, of course. Ensure that you introduce yourself at the open inspection in the most presentable and respectable way possible. First impressions do count, and a property manager will remember you if your persona stood out from the rest. After the open inspection, it’s important to check up on your application with the property manager, ensuring that you’re not forceful or ‘pushy’ whilst explaining your interest in the property.

 

For more tips and advice on completing application forms, contact Professionals Ryder Real Estate Melton on 9743 6400 – the most experienced real estate in Melton.

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