8% plus VAT of monthly rent
Our Management Services includes the following:
Advertising: Websites – Property24, IOL Property, Private Property and Propertypro.co.za. As well as periodically advertising on social media
Credit Check: Credit Bureau and Previous Landlord/Agent.
Deposit: Collect two months deposit, which is held in a Trust account; interest bearing for the Tenant for which the tenant receives a monthly statement.
Contract: Signing of Contract and obtaining documents required for FICA (Financial Intelligence Centre Act) and NCA (National Credit Act). Ensure that our contracts are up to date with the latest Consumer Protection Acts and Rental Housing Acts.
Monthly Rent: The Agent will collect the rental from the Tenant each month on the due date as prescribed in the Lease Agreement.
Inspection: An inspection is carried out on occupation and vacation of the property. Ensure that any damages caused by the tenant are repaired and the cost deducted from the deposit. Make recommendations to the owner of any wear and tear repairs / improvements necessary to maintain your investment.
Monthly Rental Statements: The owner receives a monthly income and expense statement which is suitable for tax and audit purposes.
Repairs and Maintenance: We will execute repairs of up to R700.00 on your behalf. Repairs that exceed this amount will only be carried out after authorisation of the quotation by the Landlord. (In the case of emergencies over the weekends and after hours this is sometimes not possible.) Propertypro will deduct any outstanding third party payments from the rent prior to paying the Landlord.
Complaints and queries: Liaise with tenants and only contact you if it is relevant.
Levy: On request will attend to the payment of your monthly levies to the Managing Agents.
Municipality: On request will attend to the payment of your rates/electricity direct to the Municipality.