Owning and maintaining a rental property is a specialized business. A professional property manager works in the best interests of the property owner, and has the time, knowledge and expertise to effectively manage your property on your behalf. Amongst other things, a property manager can:

• Manage the relationship with your tenant effectively
• Ensure that rent payments are made in accordance with the agreement
• Ensure that the maintenance of your property is kept up to date
• Provide you with an arms-length relationship with your tenants, which can be particularly useful in any negotiation, review or termination of tenancy.

Why Should I use Leaders Property Management Service?

Market Reputation
Leaders Property Management Ltd is well known in the market as being a provider of quality accommodation across the board, and so enjoys the benefit of a large amount of referral and repeat business.
Our record, and our longevity in the business, speaks for itself.

Personal Attention
As a Leaders client, you will be assigned a dedicated Property Manager who will personally manage the entire process. Should a vacancy occur, your Leaders Property Manager will take direct responsibility for re-letting your property from the time notice is given, and every effort will be made to minimize “down” time.

A network of qualified tradespeople
Leaders Property Management can deal with all property maintenance needs, from minor repairs to a complete refurbishment. Leader’s network of qualified tradespeople is controlled by our own Property Asset Manager, whose sole focus is monitoring the physical wellbeing of every property in our care, and carrying our quarterly inspections.

Professional Property Managers
All Leaders Property Managers are full-time property management specialists, which enables them to focus exclusively on the needs of their owner clients. Regular ongoing training ensures that legislative changes are fully understood, professional development is stimulated, and fresh ideas are applied.

Regular Advertising
As a Leader’s client, your property will be regularly promoted and marketed in a variety of ways, until it is let.

Regular inspections and reporting
A full written property condition report is done prior to commencement of the first tenancy. Inspections are then carried out quarterly to ensure that the tenant is taking good care of your property, and to identify areas that may be in need of repair or maintenance. A copy of each inspection report is emailed to you, along with recommendations where appropriate. On termination of each tenancy, a further inspection is carried out prior to the release of the bond.

Proven accounting systems
We have proven accounting systems for rent collection, and daily monitoring of rent arrears. Funds are direct credited to your bank account within three working days of the beginning of each month. Each month we will send you a statement of all rent collected and any accounts paid. An annual summary of transactions for taxation purposes is also produced. Our management fee is tax deductible. For owners whose financial commitments require that funds be direct credited more frequently, we are also able to provide a mid-month payout.

Ethical business practice
Leaders Property Management is a member of the Real Estate Institute of New Zealand and is bound by a Code of Ethics. We are audited quarterly, and operate under strict legislative and audit requirements for the handling of money received in trust.

How much will it cost?
Leaders Property Management Service fee is 8.5% (plus GST) of the rent collected and 8.5% (plus GST) of the cost of all repair and maintenance services arranged on your behalf. Such fees apply only while the property is tenanted. The fees include:

• Property assessment, to maximize your rent
• A property condition report
• Tenant screening
• Property Letting
• Preparation of tenancy agreements
• Bond administration and lodgment as per Residential Tenancies Act 1986
• Rent collection and follow up of rent arrears
• Bond inspections
• Arrangement of repairs and maintenance
• Arranging insurance claims, when necessary
• Monthly accounting and disbursement of funds (or bi-monthly if requested)
• Biannual rent reviews
• Issue of notice to quit (if required)
• Arranging valuations & insurance if required
• 24 hour service for emergency situations
• Annual summary of Income and Expenditure for tax purposes

• Property advertising costs
• Credit Checks
• The cost of attending tenancy tribunal or mediation sessions on your behalf
• Quarterly inspections
• Lease renewals
• Monthly administration charge

“Namaste Marie and to the other team players at Leaders. Many thanks to you all for taking such good care of my “home” over the year. It is very reassuring to know you are always there.” Noeline Grant

“Dear Sharyn. This is a good time I get to acknowledge you and your team, and sincerely let you know how much we have come to depend on your excellence. We never ever have to worry about anything and consider ourselves lucky for the stress free engagement.” Mina Illingworth

“Dear Catherine, The Wellington Masonic Club wish to extend our thanks to you for the service you have given to the Club over the years in looking after the tenancy arrangements of the Willis Street investment property prior to its recent sale.” Wellington Masonic Club Inc.

“Being an absentee landlord can be fraught with frustration and difficulty. However, Marie Baker and her team who have handled our Tennyson Street apartment since 1996, have taken the stress out of the situation by fixing problems as they have arisen. Their selection of tenants has been first class and any ongoing maintenance requirements have been efficiently dealt with. We are happy to have such a professional unit looking after our property.“ Barbara and Dermot Grainger

“Going through my files I see that is now some 17 years since you began to manage my property – isn’t it quite depressing how time flies by! Let me put on the record my appreciation of how well managed the house has been during that time. I have other property under management in the UK, but I can state without fear of contradiction that none of the agents I have used here have been as capable and efficient as yourself and your colleagues at Leaders” David Webb

“I Ronald Simpson, owner of several rental properties have employed Leaders as my Property Managers since 1988. Over this period of time I have found Leaders a reputable company and they have looked after my interests in a professional manner. Furthermore I have never been disappointed with the quality of tenants provided.“ R L Simpson

“I am amazed at the swiftness with which your team is functioning and regretting the fact that I didn’t approach you earlier. Well, better late than never!!!” Ramas

“I have been very busy and it’s great to know Leaders are on top of things (as usual), and I appreciate you keeping me informed” Brian Mason (owner since 1993)

“Thanks for continuing to manage the property so well, I do appreciate not having to worry about that!” Mike Munley

“Thank goodness for your great management as its one less thing for me to worry about” Janet Maddison

“As discussed with Sharyn we are very happy to leave it in your capable hands. We really appreciate the excellent service which you provide.” Warren Birch (1/2/10)

“Thank-you Catherine. I should say that you and your company do a great job. Your communications are significantly better than others I deal with and you have a great attitude. Thanks again.” Rob Hutchison

“Just a short thank you email for the support during 2009 from you and your team. It has been an active year with the house. The outside painting is about to start and of course the recent loss of a great tenant and the immediate signing up of a new tenant at a higher rental.
Merry Christmas and a very successful new year to the whole team at Leaders.” Richard Harle

“You guys are the best. And I tell everyone that. Thanks for all the work during the Year.” Louise

Click here to download our Management Authority Form