Spring is only a few days away and it is a popular time of year for many people to sell their home.

First impressions are lasting impressions. If they drive by and get the feeling that the property is appealing, they are more likely to want to book an inspection.

Great presentation can add thousands as it helps people imagine their new lifestyle and brings out strong feelings and emotions, which leads people to be inclined to pay more.

If buyers see the property needs repairs and maintenance or a massive clean-up, they are naturally going to offer much less.

The main thing is to have a clean and tidy property, regardless of the age of the house.

The next step is to declutter. You want people to be able to envision themselves and their furniture in the home.

It is also a good idea to fix any small things that need attention such as torn window screens, doors that don’t open and close properly and leaking taps.

Many people are paying professionals to style their home. This is becoming more popular. It depends on the circumstances – if the property is vacant, the property sale price and client’s budget and the target market!

Remember your home is going to be all over the internet, so you want it to look fabulous! We work with you to make your home look its absolute best so we can get the best price for you!

If you would like find out more, contact the team at Century 21 Central West.

Today I would like to share some information with you regarding rental bonds. At the beginning of a tenancy, we ask the tenant to pay a bond for the rental property which is equivalent to four weeks rent.

The bond is only four weeks rent regardless of how many tenants occupy the property, and it is used as security for the property in case the tenant does not follow the terms of the agreement and they need to compensate the landlord.

Rental bonds are required to be lodged with the Rental Bond Board. These days we lodge bonds using rental bonds online. The bond lodgement details include the rental property address, the landlord and landlord’s agent, and the primary tenant.

To ensure they get the bond back, tenants need to make sure the property is left in the same condition as when they first rented the property, except for fair wear and tear. If the tenant has damaged the property, or not left it in a clean and tidy condition, or if they owe rent or other money to the landlord, they may forfeit some or all of their bond.

If there is a dispute over the bond at the end of the tenancy, then the matter is taken to the NSW Civil and Administrative Tribunal.

We hope that helps you understand rental bonds a little more, and if you have any questions regarding this topic or would like assistance with managing your rental property, we are more than happy to assist at Century 21 Central West for all your property management needs.

Today I am discussing all the things you should be looking for when purchasing an investment property.

It is important to look for a property with desirable qualities, as this is going to assist you in the long run with aspects such as how long it takes to fill the home, how much rent you can get per week, and the quality of tenant you attract.

The location of the property is important, properties within close proximity to town and main areas such as schools and facilities are desirable.

It is also helpful to consider the condition and quality of the property, purchasing a property that will continuously require work and problems is not ideal for any investor.

Tenants often desire a more modern and comfortable home, sometimes this may be a minor face lift to the home.

Another area to focus on is the neighbourhood, as this will sometimes affect the type of tenants that you do attract.

It is crucial to do your sums beforehand, as cash flow is always king when aiming to ensure an adequate return on investment.

Once you have selected the perfect investment home, it is time to choose a property management team that will provide you peace of mind and security. After all, you want your property to be in the best managing hands.

For more information regarding our property management services, feel free to contact us at Century 21 Central West.