How To Secure a Rental Property in a Competitive Market

1. Prepare your references

Is a landlord or property manager considering your application?

One of the final steps in their decision will be checking your references. When adding your references to your application ensure that all the relevant information is correct and up to date. It is always best to inform your reference a head of time that they may be contacted.

2. Make sure you have a plan to pay your rent in advance and rental bond

One common factor we come across often in rental market with potential tenants is not having enough funds on hand to pay the bond or rent in advance which causes potential tenants to miss out on properties. Renting isn’t a cheap process, so it’s important that you have enough funds to cover yourself.

3. When you find a good listing be ready to move quickly

Rental properties are in high demand and keeping that in mind, it’s important that you’re prepared to jump on a property you like. We are all short of time and making rental viewing mid-week is hard when you work full time. But if you wait until the weekend to view it, you may find it will have already been taken off the market. If finding the right place is important to you, you will need to make time out of your schedule to view it.

4. Once you have inspected a property and you are interested, let the agent know

It's always good to let the agent know if you are interested and a little bit about your current situation. i.e. why you are moving, where are you currently living, what you like about the property, your availability and finding out the next steps on how to apply for the property.

5. Ensure you are ready to provide all your ID documents

Having all your id documents ready to send to the agent or landlord is essential on getting your application approved. The more organised you are, the quicker your application can be processed and approved.