In between all the selling, we (Steyn Realty) also offer Rental Management Services to our Investor clients and Landlords. These services are offered through the TPN RentBook and Credit Bureau systems and include but are not limited to the following:
- Listing, advertising and marketing the property at no additional cost to the Landlord / Owner.
- Setting up viewings with prospective tenants.
- Application screening.
- Credit vetting through Trans Union ITC, Experian and the TPN Credit Bureau.
- Explaining, negotiating and completing the TPN Lease Agreement.
- Monthly invoices / statements to tenants.
- Capturing of payments on the TPN RentBook system.
- Reconciling accounts on a monthly basis.
- Sms notifications / reminders on outstanding payments.
- Payment of monthly expenses on behalf of the Landlord like levies etc.
- Owner / Landlord Statements & reports.
- Tax Statements on properties.
- Management of general maintenance issues as they arise.
- Periodic visits and inspections as agreed with the Landlord and the Tenant.
- Facilitating maintenance work to be done as and when necessary.
Most of the properties that we currently manage are either in complexes or estates where we then pay the respective levies to the managing agents on behalf of the landlords. We also make payments to the council and to contractors where applicable. Tenants are charged for their water & electricity consumption and in some cases also for security, sewerage, rates & taxes etc. depending on what has been agreed to in the lease agreement.
We don’t charge any upfront commission for the management of a property or the tenant. Our management fees are 7% of the monthly rental with a once off placement & renewal fee.
For any queries regarding our rental services, please email firstname.lastname@example.org or contact Marnus on 072 264 7806 / Juanita on 083 604 1231.