How to Find Your New Home During Peak Season
With the current tight rental market conditions and high demand, the competition for rental properties is all-time high. The current climate makes it hard to secure a rental home. So how do you make sure you find a new home during this peak time?
START THE SEARCH EARLY
Start searching for your next rental property about two months in advance. It's better to be prepared and have an idea about the rental market that's available for you at this time. There are also properties that may not be available to move in straight away. Ready to search? Having the second-largest rent roll in Australia, Coronis can offer you an array of properties that will suit you, your budget, and your needs. You can check out available properties here.
There're a few things that you can do to ensure a smooth application prosses apart from making a good impression on the property manager. Make sure to prepare your application before coming in for the inspection, this way you can submit it then. Don't forget to include all the required documentation with 100 points of ID for each person over the age of 18 years old.
The next criteria the property manager or owner will assess is your financial status. Keep in mind that affordability approval is based on 30 per cent of the applicant's income. So, you need to show that you have the money for the bond and some savings to sustain the premises and prove to the landlord that you can consistently pay for rent.
MAKE A GOOD IMPRESSION
When you're heading out on the property hunt, remember to prepare all questions that you might need to ask the property manager at the inspection about the property to showcase your interest. This is the time to make a good impression – be on time, be nice, and respect the property you're visiting. If you like the property, submit your application that you prepared in advance.
Email the property manager that you're keen to secure the property and be prepared to respond to correspondence quickly. Especially upon approval, commit to paying your deposit and signing the agreement ASAP. Ask as many questions about any concerns that you like, it's better to address any concerns upfront.
INSPECT AS MANY PROPERTIES AS POSSIBLE
Inspect as many properties as you can, as with current competition, even with these tips you can never be too sure how it's going to play out. By starting your search in advance, you have time to inspect properties without a rush. Here's what to look out for as you're inspecting the properties.
Ready for a change? Now is the time to look for a new home!