How to win a rental property application

In the vibrant property market of Brisbane, where demand for rental properties often outpaces supply, winning a rental application can feel like a competitive sport. But with the right strategies and a proactive mindset, you can secure your dream property. In this comprehensive guide, we will walk you through the essential steps to win a rental application and stand out as the ideal tenant.

1. Punctuality is Key: Arrive Early or On Time

First impressions matter. Arriving at the inspection early or on time demonstrates your seriousness and respect for the property and the property manager. Avoid showing up as the inspection is ending, most property managers have a large number of inspections back to back and if one runs over time, they all run over time. If you’re at a house it’s best to avoid parking in the driveway, as it may inconvenience others. Special note: I would always offer to remove your shoes before entering a property.

2. Make a Memorable Introduction

After inspecting the property, take a moment to introduce yourself to the property manager or property owner. Express your genuine interest in the property. In a competitive market, showing enthusiasm sets you apart. Remember, this isn’t a sales pitch and rent bidding is illegal in QLD so your enthusiasm can’t be used against you to try and get a higher rent; honesty about your interest is appreciated.

3. Complete the Application Thoroughly

Filling out the rental application is where you make your case as a responsible and reliable tenant. Here’s what to keep in mind:

• Affordability: Ensure your income can comfortably cover rent (it is typically calculated that rent should only be 1/3 of your income). Property managers and owners want to see financial stability.
• Work References: Include accurate and up-to-date work references with contact numbers and email addresses. This confirms your employment status.
• Rental History: A strong rental history is your best weapon for future tenancies. Paying rent on time, looking after a property and being cooperative in previous tenancies demonstrates your experience as a great tenant. Provide details of previous rentals with contact numbers and emails so we can easily get references confirmed. If it’s your first time renting, that’s ok too – you need to get a rental history from somewhere just don’t let the first one be a bad one (ask us questions… we’re here to help)

4. Offer a Competitive Rent

In a competitive rental market, sometimes offering a slightly higher rent can make all the difference. An extra $5 to $10 per week may seem minor but could make your application more appealing to property owners. It signals your commitment and willingness to secure the property. This should only be a last resort. Unfortunately, when you are competing against 15 – 20 other applications that have decent income, good work and rental references – this may be your best chance to stand out.

5. Professionalism and Transparency

Throughout the application process, maintain professionalism and transparency. Be honest in your responses and ensure all information is accurate. Promptly return any requested documents or information. A professional, friendly demeanor and clear communication leave a positive impression. If you have applied for multiple properties and this one is your favourite, let us know – we love that! If it’s your second or third preference, please also let us know so we can expect that you’re waiting to hear back about other properties.

6. Follow Up

After submitting your application, consider sending a polite follow-up email or message expressing your continued interest in the property. This proactive step underscores your commitment.

7. Stay Informed and Be Patient

Keep an eye on your emails and phone for updates from the property manager. In a competitive market, response times can be quick, so be ready to act promptly if you receive positive news. However, remember that securing a rental property can sometimes take time, so exercise patience.

In conclusion, winning a rental application in Brisbane requires a combination of punctuality, enthusiasm, completeness, and professionalism. Offering a slightly higher rent can tip the scales in your favor. By following these steps and staying proactive, you can increase your chances of securing your ideal rental property and enjoying the vibrant lifestyle that Brisbane has to offer.