Introduction to Michaels Real Estate
Michaels Real Estate is Bundaberg’s number 1 leading independent Real Estate agency. We have been successfully dealing with residential, rural and commercial investment properties in the area for over 35 years and will continue to be part of the community for many years to come.
Our mission is to provide professional, ethical and friendly service to our clients. We have built our business on the philosophy that clients are for life.
Here at Michaels Real Estate we ensure that we get it right the first time. We pride ourselves on finding the right tenant for your property via an extensive application process, verbal contact and a subscription to the Australian tenancy database. Having three licensed and experienced property managers working with a team of assistants and administrators gives you peace of mind in knowing that your property will be well looked after.
What Do We Do Differently?
At Michaels Real Estate we understand that when you invest in a property, it is important to not only ensure the property is well maintained, but to maximise the returns on your investment. Our team of professional staff are committed to providing you with the highest level of service to help you achieve this and ensure the management of your property will be simple and hassle free.
Our aim is to constantly improve our service to fulfil our clients’ needs.
- We manage your asset to help you gain the best return
- We understand the importance of regular and thorough communication
- We have access to the latest technology for faster communication
- We carry out extensive checks for tenant applications
- We produce detailed written inspection reports
- We are licensed, insured and competitively priced; with reliable tradespeople and contractors
- We tailor each lease agreement to suit your requirements
- We mediate between landlords and tenants, alleviating any stressful and problematic conversations
As the landlord you are required by law to be familiar with all current legislation. We undertake extensive training to ensure we provide you with the correct advice in relation to these regularly updated laws. The highest standards of ethics, integrity and professional practice are conducted in compliance with the Code of Conduct of the Real Estate Institute of Queensland. We adhere to all legislation that is covered by the Property Occupations Act 2014 and Agents Financial Administration Act 2014. Our office is a member of the REIQ (Real Estate Institute of Queensland), which means you are dealing with agents who adhere to a strict Code of Ethics.
Because we are an independent local agency, we like to get to know our potential tenants. We develop this relationship through detailed verbal and face-to-face communication within the application process. All information and references provided within a tenancy application is thoroughly processed and audited to an exceedingly professional standard. All tenancy applications are screened through the National Tenancy Database (TICA) that we subscribe to; and once processed will be forwarded to the owner with recommendations for the final approval. In addition, Police and bankruptcy checks can be conducted at the owners cost if potential tenants all agree. A detailed lease agreement and a comprehensive entry condition report will be prepared prior to the tenant moving in.
Rent Disbursements and Rent Statements
Disbursements can be made fortnightly or monthly and can be changed at any time. Funds will be disbursed at mid-month and the end of the month or the following business day. Monies will be transferred into your nominated bank account from our Westpac Trust Account. All property outgoings and maintenance expenses will be paid for on your behalf as agreed. Your rent statement will be mailed or emailed to you within two working days of the disbursement. We will also provide you with an Annual Financial Income & Expenditure Statement.
Routine Inspection and Reports
By law, we are only permitted to conduct property inspections once every 17 weeks unless agreed by all parties in writing prior. These inspections allow our property managers to attend and inspect the property to ensure there are no damages or cleaning issues of concern. They are also responsible for reporting any maintenance found or by which the tenant has reported.
A detailed written inspection report will be provided along with digital photographs of general areas and any maintenance issues, damages or cleaning items. If any issues have arisen at the time of inspection, owners will be advised and the tenant will remedy the issue in accordance to the request.
Owners are welcome to attend routine inspections; however we do ask that we are given as much notice as possible as to ensure tenants are given adequate warning, and that our legislative timeframes are met.