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Property Management Pro Tips – Lease Renewals

By Siobhan Robinson

At Ray White Carlingford, we understand that lease renewals are a crucial aspect of property management. A lease renewal is an opportunity for landlords to retain their existing tenants and ensure a stable income stream for the future. However, most agents aren’t as proactive as we are when it comes to lease renewals. 

Many agents will allow a lease to just continue as a periodic lease with the tenant able to leave just within 21 days notice.

That’s why we prioritise lease renewals at Ray White Carlingford.

Our experienced team of property managers work closely with tenants to understand their needs and ensure that the renewal process is as smooth as possible. 

We proactively reach out to tenants before their lease expires and discuss their options, whether it’s renewing their lease or exploring other properties.

We also ensure that landlords are aware of their tenants’ lease expiration dates and provide them with the necessary information to make informed decisions about lease renewals. We believe that effective communication is key, and we keep our landlords updated throughout the entire renewal process. Our team will always try to ensure that your property has a current lease in place, and that your weekly rent matches the current market.

At Ray White Carlingford, we understand that a successful lease renewal requires a tailored approach. We take the time to understand each tenant’s unique circumstances and provide them with personalised solutions. Our goal is to ensure that our landlords retain their existing tenants and minimise vacancies, ultimately maximising their rental income.

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