Looking to move but not sure of your options?

EVES Property Management could be your solution.

Our team will rent your home to quality tenants – providing a steady income to get you on the move. Our experienced property managers will treat your property like their own. With care, with attention to detail, and with commitment to your investment. With over 3,400 properties under our management, we have proven experience in getting successful results for our landlords.

You can find out the amount of rental income you could by getting FREE rental appraisal. This no obligation service is an inspection of your property to help determine a realistic rental price, comparable with properties that have recently been rented or are currently available for rent. One of our property managers will take you through the appraisal and comparisons step by step to give you a good understanding of the rental market.

Request your appraisal here.

With the real estate climate shifting considerably in the first half of 2022, many properties for sale are sitting on the market longer than expected.

Specifically, median days to sell for the Bay of Plenty was 55 for June 2022, an increase of 24 days from June 2021. Additionally, the inflated sale prices have shown signs of slowing, with major banks projecting a significant drop in property values in the next 12 months.

We understand that this has a knock-on effect to you, our sellers, achieving your time-sensitive goals that are ultimately dictated by the sale of your home. Renting is a great alternative to selling that could suit several circumstances such as needing to relocate for a new job, spending time travelling, or maybe downsizing.

Key benefits include;

Freedom to move quickly; Renting out your property means you have the freedom to relocate, get on the road or move into a new home much more quickly than if you have to wait for your property to sell. You won’t need to wait for the right buyer, lengthy negotiations, or a long settlement.
Interest levels and volume of applicants; The average rental property is receiving a huge number of applicants to choose from, so there will be no shortage of interest in your home. This is the opposite of the property market where you are at the mercy of finding the right buyer who has qualified for the lending bracket of your sale price.
Immediate and on-going financial returns; Renting out your property can enable you to immediately reap a financial return. This can be especially helpful if you are wanting to vacate your property for the purpose of travelling or having to relocate for a new job, as it offers a supplementary form of weekly income. It’s also worth considering if you owe more on the property than you would make by selling it. If this is the case, you could turn instead to the red-hot rental market as a solution. To calculate the potential ‘yield’ of your home as a rental, visit calculate.co.nz/rental-yield-and-investment-calculator.php
It allows you to keep property that you are attached to; Many people form a personal attachment to property, especially if it has been a family home or a first step on the property ladder. Renting out as opposed to selling allows you to retain ownership of property that you have a strong attachment to. It can also serve as a financially feasible ‘first step’ to detaching yourself from your home, by initially renting it out and maybe eventually feeling confident in selling.

What is the role of a property manager in all of this?

If you decide to rent your property out, engaging the services of an EVES property manager will ensure your property is in safe hands. Our team take the hassle out of the process by alleviating a lot of the admin and labour involved with a tenancy. Here are some of the things our property managers can take care of, on your behalf:

Advertising your property
Screening prospective tenants
Bond lodgement
Liaising with contractors when needed
Conducting inspections
Conducting rent reviews
Keeping you up to date with the latest changes to property laws

Find a property manager today or get a free rental appraisal.