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Property Management

Whether you are overseas or based in New Zealand, you’ll want to make the most out of your real estate investment.

You may have plans to purchase an investment property, or already own a home or apartment to rent out to tenants. Either way, Harveys can help you maximise your returns – offering a mix of investment and property management to address every possible circumstance you your behalf.

Why Use A Property Manager

Many landlords and investors are financially-savvy, but some can be left in the dark when it comes to finding tenants, dealing with day-to-day property issues or legal jargon.

The team at Harveys take all the hassle out of managing and maintaining your property. Our first step will be to ensure you get the right tenants – the Harveys brand naturally attracts a significant volume of prospective tenants and our detailed processes for checking applications will ensure your rental income is secure. We’ll also keep on top of the maintenance at your property and will contact you immediately in the event an issue arises.

You’ll also find that landlords who enlist the help of a property manager may be eligible for more comprehensive insurance cover and other advantages – for example, Harveys  has an agreement with Real Landlord Insurance who will insure only those properties managed by a property manager.

Advantages of Using A Property Manager

If you’ve purchased an investment property, you may find that there are several advantages to using an agent,
rather than managing the property directly.

Save Time & Money

Private owners are bound by the same legislative requirements as agents in their dealings with tenants. This means that if you are taking the task on yourself, you will need to stay up to date with constantly-changing legal requirements.

Legal Issues

When you choose an agent to manage your investment property, they can act as an intermediary between you and the tenant. This is particularly useful in the event of any problems that arise during the tenancy – your Harveys agent can help to moderate the situation and prevent any ill feeling over late or unpaid rent and repairs

Finding Tenants

Agents can also help you find the best tenants for your property. At Harveys, our years of experience in your local area enables us to ask the right questions and ensure all the correct paperwork is properly organised so you are in an excellent position to enjoy a secure tenancy.

Tenant History

We are able to access valuable information about your prospective tenants’ previous rental history and other information to help you make an educated decision.

Attractive Rates

Professional real estate agents – including your local Harveys  team – are also often able to negotiate more attractive rates with tradespeople when work needs to be done.

Urgent Repairs

Agents tend to generally wield a considerable amount of influence over tradespeople due to the sheer volume of work they supply them with. They can therefore be a very useful connection to have when a repair needs to be attended to urgently or after hours.

Insurance Protection

In addition, you may find that using an agent allows you to qualify for a high-quality landlord protection insurance policy, which may not otherwise be available to private investors.

Tax Savings

You will also find that in most circumstances, any management fees that you pay to an agent are tax-deductible.

Meet Our Property Managers

Legal Points To Consider

There are several legal scenarios that can arise from property management. From the very beginning of a tenancy,
your Harveys agent will ensure the correct processes are carried out to help put you in the best possible position.

Paper Work

The condition reports and lease are likely to be the most important documents in the entire tenancy process. Choosing to use an agent can ensure all the initial paperwork is prepared correctly.

Legal Issues

Your Harveys agent can also take quick, effective action should any legal issues arise during the rental period. These can include handling complaints from neighbours, taking the necessary steps to avoid vacant possession if necessary, serving notices if a tenant does not pay rent and a variety of other situations.

Handling Disputes

As a landlord, you may find that disputes over late rent – or situations where rent has not been paid at all – have the potential become difficult and emotional if you are dealing directly with your tenant. Your Harveys agent can work to help diffuse these situations and come up with fair, objective compromises and solutions that take the needs of all parties into account..

Tribunal Representation

In the event your property has been damaged and you need to appear before a tribunal, having an experienced agent in your corner can make a world of difference. An agent can either handle the matter on your behalf or work with you to achieve a satisfactory outcome.

Property Management FAQs

How much rent can i receive from my property?

To determine how much rent you can charge for your property, you will need to assess the market rent – in other words, how much money similar properties in your area are renting for.

A good place to start is to carry out some research online. It is important to pay attention to the requested prices, as well as how long the properties stay on the market at those rates. Your local Harveys agent can provide you with plenty of useful information on comparative rentals in the area.

How long is a typical lease?

In New Zealand, standard lease periods are generally either six or 12 months. While longer lease terms are possible, you are likely to find a smaller number of tenants who are willing to commit to this time.

You may wish to speak to your Harveys agent about the different advantages of each lease length and help you determine how to maximise your return most effectively.

Can I increase the rent during the lease period?

Current rent rates must remain in place for the remainder of the lease term – but if you then want to increase the rent, you should give your tenant the required notice that you intend to change their rates at the end of their current lease.

Is it mandatory to enlist the services of a real estate agent to manage a rental property?

If you are outside of New Zealand for more than 21 days, an agent must be appointed.