Applying For a Rental Property?

Here's How You Can Stand Out

The rental market is becoming increasingly slim and competitive in the current economy. This makes it very stressful when it comes to applying for an available rental property which you are interested in or in dire need of a new home. Going to a rental property viewing and being amongst a dozen other people can be overwhelming and daunting. Rest assured we are here to help you through this process and will provide helpful advice to ensure you are well informed on how to submit a great application. Follow the steps below to transform your application from good to great.

 

Be on time for property viewings and be contactable

Nothing suggests ‘I’m interested’ like being prompt and on time for property viewings. It is a key indicator in the process. Ultimately, it is the first interaction the agency is having with you as a potential tenant, taking that extra effort to be on time will be perceived to the agency as reliable and genuine.

 

Fill in the application form details. Ask any questions you may have

One downfall in your application is having incomplete sections and missing details. Going that one step further and taking an extra few minutes to double-check all the application details, can make the biggest difference to property management. Putting in the effort and ensuring that your application is completed correctly can be the step up in quality between you and the other applicants.

 

Provide A strong rental history

During the application process, property managers are attempting to determine if you will be a responsible and reliable tenant. The best way to prove you have these qualities is to have a good quality rental reference that can advocate for you. From a property manager’s perspective, receiving good quality feedback about your rental history from another property manager is golden! It would also help to provide them with a pre-written reference from your current Landlord or Property Manager. If possible provide the rental ledger showing in advance payments of rent.

 

Compile all the supporting documents you need for the application

Organisation is a key skill to have in life and it can get you many places. Being organised whilst applying for a rental property is an excellent quality to demonstrate and it will present on your application as well. Most rental applications require you to submit supporting documents to provide evidence, for example, 100 points of ID is required and Proof of Income. 100 points of ID include passports, drivers license, student card, credit card, medicare card or the application papers will have further examples of ID documents you can provide. Proof of Income can include documents such as payslips, employment contract, proof of funds, or Centrelink payment statements. Compiling and providing these documents together with the application makes a straight forward submission.

 

Prompt applications are good applications

The real estate industry is a fast-paced and ever-changing environment and property managers aim to ensure landlords are happy and tenants are happy. In order to make happy landlords, it is advisable to fill their rental property not only as soon as possible but with the best possible candidate. Therefore, as a potential tenant applying for a rental property, it is important to consider the turnaround time from viewing the property to submitting an application. 

 

Lastly, don't be afraid to follow up on your application process

Real Estate agencies love to be asked questions and love to give answers. Therefore, during the application process you become stuck and unsure of what to write or need a section clarified it is always easy to reach out to your real estate agency and simply ask the question. This shows you are taking the time to get the application perfect and initiates a good tenant and agency relationship.