Renting Out Your Property

Anyone can rent out their property. But if you use an agent, the person you select must be licensed in NSW as a real estate agent. You can check whether an agent is licensed by phoning the Office of Fair Trading on 13 32 20 or do a licence check online by visiting www.fairtrading.nsw.gov.au

When deciding whether to manage the property yourself, your decision should be based on your knowledge of the industry, your ability to handle the property, your customers and your willingness to be directly involved.

If you choose to deal through an agent you must have a written agreement setting out what the agent will do for you. The agreement will include instructions for such matters as cancellations and return of deposits, how to handle minor repairs or damage to premises, security deposits, minimum fees and the  agent’s fees and commissions. It would also be useful to include instructions on how to handle disputes (eg. do they need to be referred to you?) and emergency contact numbers.

Here at Zello, we are all qualified Real Estate Agents, so you can be sure you will receive professional service and expert advice.

If you wish to discuss renting out your property in more details, please contact our Property Manager on 02 9660 2211 or rentals@zello.com.au.