As an investor you are required to give written notice that you would like to terminate the agreement with the existing agency. The notice period can vary and the best way to identify the notice that you are required to provide would be to refer back to your managing agency agreement.
The most common notice period is 30 days, however this can be negotiated depending on whether it is close to the end of month or there is a vacating tenant. In the notice, you will need to mention that Westons Property & Co. will be the new managing agents. We have made this simple by creating a template letter for you, all you need to do is download, fill in the particulars and it is then ready to send to your current agency.
Sign Managing Agency Agreement
It is as simple as you signing the Managing Agency Agreement with us and we will take care of everything from here on out.
What we will do for you next…
Contact with current agency
We will contact the current agency via phone & in writing to introduce ourselves on your behalf and make a request for all documentation, regarding the tenancy/ies, to be handed over on an agreed date.
Contact with current tenant
We will contact your tenant and inform them of the change of management, introduce ourselves, and provide them with instructions on how to pay rent as well as deal with maintenance & repairs and anything else outstanding.
Collection of documents and keys
We will collect the keys and all the associated documents from your previous agency.
Perform a first inspection
We will send an entry notice to your tenant/s and perform a routine inspection as soon as possible. This will allow us to to familiarise ourselves with the property as well as address any possible matters outstanding or issues the tenants may have at that time. Solely relying on the Entry Condition Report from your previous agency could create grey areas at the end of the tenancy, this way we start on the right foot.