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11 November 2015 To Whom it May Concern Rental Appraisal 10 Martin Street Terrace End Palmerston North This is to confirm that we consider a fair market rental for the property situated at 10 Martin Street Terrace End Palmerston North to be between 440 00 Four Hundred and Forty Dollars and 460 00 Four Hundred and Sixty Dollars per week I have compared the home to similar properties as best possible including but not exclusive to those below Property Address currently rented Property Type Bedrooms Rent Period 96 Limbrick Street Terrace End Palmerston North House 3 410 00 Week 78 Roy Street Central City Palmerston North House 4 450 00 Week 1 Fountain Court Central City Palmerston North House 4 510 00Week 77 Churchill Avenue Hokowhitu Palmerston North House 3 420 00 Week 1 225 Ruahine Street Terrace End Palmerston North House 4 420 00 Week 12 Sierra Court Roslyn Palmerston North House 4 490 00 Week If you have any questions please don t hesitate to let me know Kind Regards Greg Watson Director
Bonds Lodged in suburbs like yours in the last six months What does this tell us It gives a rough guide as to how properties in the area have been renting 25 rent at the lower quartile figure or below and 25 at the upper quartile or above The variances in the median figures are affected by the number of bonds received Nothing beats experience So if you want to know the reasons behind my thoughts on market rent on the preceding page I am only a phone call away
We have 10 Prospective groups of tenants who have enquired on a property in a similar price range in the last Month Why is this relevant These tenants may or critically may not have found a property to suit their needs Targeting these people names blacked out in this copy will help rent your home more quickly and possibly at a better price Name Enquiry Date Max Rent Min Rent Max Beds Min Beds Suburbs Type 9 11 2015 510 230 4 2 Mixed Townhouse 8 11 2015 470 470 4 4 Mixed House 7 11 2015 430 430 3 3 Mixed House 6 11 2015 470 470 4 4 Mixed House 5 11 2015 580 270 4 3 Mixed House 5 11 2015 430 260 4 2 Mixed House 3 11 2015 470 470 4 4 Mixed House 1 11 2015 430 280 4 2 Mixed House 30 10 2015 495 250 5 2 Mixed House 29 10 2015 450 1 0 4 Mixed The power of marketing We have a live database of prospective tenants from previous enquiries at our office and online We will email and phone message them a link to your advertisement as soon as the advertising is up online If this includes a video and photos the chances of success are very high
The five questions landlords ask us most often 1 How much is you property management fee 9 5 GST of rent collected however we have no additional fees whatsoever If you are comparing companies prices make sure you ask what extra costs or hidden charges they have Our simple fee means it is easy to plan financially 2 Why should we choose you We have a proven track record of happy clients just search Watson Real Estate Palmerston North on Google to check what people say We have a 100 Money Back Guarantee of Service which others likely won t provide We have won every national award category for Property Management given by the Real Estate Institute of New Zealand 3 How do you select tenants We meet and show them the property if they apply we conduct between 8 and 12 background checks We look for the best situation for you our valued clients 4 Is the current rent on my property accurate Thanks for getting this free assessment Even a rental adjustment of 20 a week will earn you around 1 000 per year 5 How involved do I need to be if I use a Property Manager Our clients enjoy a completely hands off and stress free service We re flexible in terms of arrangements between us Why landlords prefer Watson Property Management Fantastic marketing including video walk through tours to introduce your home to the largest and most appropriate audience One of our key philosophies is to move our clients into a better situation financially even after paying our fees compared to if they did things themselves We re a local family based business built on trust and integrity Free advice available any time around rental amounts renovations and prioritising work for you to have the best possible experience Our dedicated team really care about your needs when giving advice around your property investments