FAQ
Why do I need a property manager?
Some owners do choose to manage their property themselves and do
it successfully. Consider the time required to collect on-time
rent, arrange ongoing maintenance and in selecting the best
tenants. Most owners find the relatively small cost of hiring a
professional to do the above - and more - is a great investment. At
RUN Property our expert team of professional property managers
focus on increasing the value of your investment property, and
making your experience a rewarding one.
How do I switch to RUN Property if my property is currently
being managed by another agent?
"Easy! Whether you have one property or many, and another agent
is managing your portfolio, simply
to download a Transfer
Management Letter, sign it, and send a copy to us. We'll take care
of everything from there. We will contact you to sign a new
Managing Agency Agreement and we will also make sure that we
explain all the benefits to you of switching to RUN Property.
Our professional property management team will organise for the
notification to the tenant, the transfer of the bond and the keys
and all documentation.
Your property will then be managed by the expert team at RUN
Property and you can start to experience the difference!
How long will it take to find a tenant for my investment
property?
Most owners are keen to start receiving rental income as soon as
possible - that's natural!
Local marketing activity is a key factor in finding the best
tenants for your investment property. What most owners find helps
to find the right tenant quickly is to ensure your property is well
presented, is marketed at the right rent and their managing agent
has the best leasing team.
At RUN Property we record some of the lowest vacancy rates
nationally.
What happens if my tenant does not pay rent?
One of our primary tasks every day is to ensure that your tenant
has paid their rent - on time. That's why we provide the MOTER -
Money On Time Early Release system.
We monitor tenant rent arrears every day.
When rent is in arrears we will contact the tenant via
telephone, email and/or SMS. If rent continues to be unpaid, an
Arrears Breach Notice is sent.
If we still have not received rent after 14 days we will issue a
Termination Notice on the 15th day giving them 14 clear days to
vacate.
We will keep in touch with you throughout this process and we
will only issue a Termination Notice after first discussing with
you. It is our priority at all times to minimise any loss so we
ensure we carry out these actions promptly.
Is an agent's location important to their ability to manage my
property?
We can manage your property portfolio no matter where it's
located.
Our 20 office national network cover Melbourne, Sydney, Brisbane
Sunshine Coast and Gold Coast.
We cover hundreds of postcodes across 3 states! Where else would
you find that kind of expertise?
How will I know what my property will rent for?
At RUN Property we believe that local knowledge is priceless. Or
to you - it's extra dollars in the bank. Our teams of professional
property managers are experts in setting the highest achievable
rent for your investment property.
Plus, with over 15,000 properties managed nationally, our own
database provides us with a unique benchmark of rental values;
combine that with access to external property data and we have the
most up to date and accurate information about the value of your
property.
We can manage your property portfolio no matter where it's
located.
Our 20 office national network covers Melbourne, Sydney,
Brisbane, Sunshine Coast and Gold Coast.
Covering many hundreds of postcodes across 3 states where else
would find that kind of expertise?
Do I need landlord insurance?
It is not compulsory to have landlord insurance for your
property - but why take the risk? We recommend all our landlords
invest in the peace of mind of having Landlord Insurance.
Landlord Insurance protects you in the event of a tenant not
paying rent, departing the property early or damaging the property.
It also includes public liability cover and limited cover for
contents (e.g. floor coverings, curtains).
Your property manager can provide you with more information
about the recommended ResSafe Landlord Insurance policy. For full
policy details you may also refer to the Landlord Insurance
Brochure. 
What do I do if I want to sell my property?
If we currently manage your property and you are looking to sell
or even if we don't manage your property and you are looking to
sell, your choice of agent is of critical importance in ensuring
you get the best sale price.
RUN Property can provide our owners with expert sales and
investment services.
For information about RUN Property Sales
.
For information about RUN Property Investment Services
.