Rental inspections are a must for property management. They ensure properties are in good nick and meet tenant expectations.
As an agent, mastering these inspections will save you time, prevent issues and get happy tenants.
Here are some tips to make your inspection process smoother, including using tools like Soho Live Cast for virtual inspections.
1. Know the Basics of Rental Property Inspections
Before you start an inspection, focus on the key areas that affect tenant safety and comfort. A rental property inspection is more than just a walk through; it’s a full assessment to make sure everything is working and up to standard.
Knowing what renters look out for when inspecting a rental property will help you focus on the right aspects.
Key Areas to Focus On:
- Structural integrity.
- Safety hazards.
- System functionality.
Knowing these basics will ensure you do a full inspection and address both visible and hidden issues that affect the property’s appeal.
Additionally, it’s important to be aware of the Residential Tenancies Act specific to your state or territory, as this outlines the rights and responsibilities of both landlords and tenants during inspections.
For example, in Queensland, the Residential Tenancies Authority (RTA) provides guidelines on how often inspections can be conducted and what notice must be given to tenants
2. Prepare Before the Inspection
Preparation is key to a good inspection. Being prepared will help you cover everything and leave a good impression on potential tenants. You can be prepared in two ways:
- Getting to know the property’s ins and outs so you can better advise potential tenants.
- Preparing the home and making sure it is staged to perfection.
Preparation not only makes the inspection process easier but also shows you’re a professional, so it’s easier to build trust with property owners and tenants.
For additional tips, consider checking out open house inspection tips for agents.
3. Do a Live Cast with Soho Live Cast
Virtual inspections are growing in popularity and Soho Live Cast is the latest solution for agents. This tool lets you do live virtual inspections reaching a wider audience and saving time for you and potential tenants.
Soho Live Cast Benefits
- Flexible Viewing: Tenants can view properties anytime, anywhere without having to book with tenants or vendors.
- Easy Setup: Log in, select your listing, connect social media, go live or schedule.
- Interact: Engage with viewers in real time to answer questions and keep them interested.
- Multiplatform Streaming: Stream to multiple platforms like Facebook, YouTube and LinkedIn at the same time.
It’s especially useful when you also handle online auction tips for agents, as it integrates seamlessly into your overall strategy.
You can also promote your agency and profile during the live stream to build your brand and leave a lasting impression.
4. Show Off the Features
When doing a rental property inspection, focus on the features that matter most to tenants.
Highlighting these areas will reassure tenants about the property’s quality and address any concerns they may have.
Key Features to Show:
- Security Features: Let tenants know locks, windows and alarm systems are working and secure. These are top of mind for most tenants.
- Wet Areas: Check bathrooms and kitchens for leaks, water damage and rising damp. These can turn into bigger problems if left unaddressed.
- Appliance Condition: Make sure essential appliances like hot water system and kitchen equipment are working. Working appliances are a major selling point for tenants.
By covering these areas you can give tenants a sense of security in their choice.
5. Engage with Tenants During the Inspection
Engagement is key to a good inspection. Whether in person or via Soho Live Cast, interacting with tenants can make a big difference in their decision making process.
How to Engage:
- Ask Questions: Encourage tenants to ask questions during the inspection. This will address concerns on the spot and build trust.
- Be Clear: Provide simple explanations for any features or issues. Transparency is key to a good landlord-tenant relationship.
- Follow Up: After the inspection send a follow up message to thank tenants for their time and to answer any remaining questions. This follow up keeps the lines of communication open and shows you’re committed to service.
By engaging with potential tenants you can understand their needs and address their concerns and they’re more likely to choose your property.
6. Follow Up After the Inspection
The inspection doesn’t end when you walk out the door or log off from the Live Cast. Following up with tenants is a critical step that can lock in their interest and get them closer to signing a lease.
How to Follow Up:
- Send a Thank You: A simple thank you message to tenants will go a long way in making them feel valued and appreciated.
- Provide More Info: If any questions were left unanswered during the inspection, now is the time to provide that information. This could be details on minor repairs or further explanation on any inspection report findings.
- Share the Live Cast: For those who attended virtually via Soho Live Cast, sharing the recording can be a great way for them to re-visit the property and confirm their decision.
- Ask More Questions: Encourage tenants to get in touch with any further questions or concerns they may have. Keeping the lines of communication open will build trust and make tenants feel supported throughout the decision making process.
By following up quickly you show you’re professional and dedicated and that can be the decider for a tenant choosing your property over another.
7. Get to the End
Once the inspection and follow up is complete it’s time to get to the end. This means making sure all tenant concerns are addressed and they’re ready to move forward with the lease.
How to Get to the End:
- Address Any Outstanding Issues: Make sure any concerns raised during the inspection have been fixed or are being fixed.
- Provide a Clear Next Step: Give clear instructions on what’s next, such as signing the lease, making the deposit or scheduling the move-in date.
- Remind Them of the Key Features: Remind the tenant of the property’s best bits, such as the location, amenities or recent upgrades. This will reinforce their decision to choose your property.
- Use Technology: Use digital tools like electronic signatures and online payment systems to make it as easy as possible. If your tenant is exploring rental properties, streamline the process with these tools.
Get to the end and you not only get a new tenant but also set yourself up for a good landlord-tenant relationship.
With these steps you can do rental inspections that showcase the property’s best bits and address tenant concerns quickly and professionally.
By using Soho Live Cast you can reach more people and streamline the inspection process and get tenants and keep the property’s value.
FAQs on ‘Property Inspection Hacks Every Agent Should Know’
How much does an inspection cost in Australia?
The cost of a building inspection in Australia varies depending on location and other factors. An independent building inspector will cost between $200 and $1,200. For pre-purchase inspections, regional areas will cost between $500 and $750 and metropolitan areas will cost between $800 and $1,200 .
What fixes are required after an inspection in Australia?
After an inspection in Australia some issues may need to be fixed before settlement. Mandatory repairs are usually major plumbing defects, mould, pest infestations, damaged roofs, faulty electrical installations and structural defects .
How often can I do a rental inspection in Australia?
Rental inspections in Australia can be done no more than once every 3 months unless the tenant agrees in writing for more frequent inspections .
What qualifications do I need to be a real estate agent in Australia?
In Australia you need to complete specific courses in real estate, property services or a related field.
