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Merry Christmas from Pedersens

Written by Tennille Pedersen on December 21st, 2016.      0 comments

Pedersens Christmas 2016-656Thank you again for your support through 2016 and the very best for 2017.

The Our office will be closed from the 24th December 2016 and reopening on Monday the 9th January 2017.

Anne Garland 021 0766656 or anne@pedersens.net.nz will be covering throughout this time and will continue to offer viewings for available properties, response to emergency maintenance and ensure that all Tenants are making their rent payments on time. Owner payment and statements will be processed on the 4th January 2017. 

Merry Christmas from all the team at Pedersens.


Tennille Pedersen

 

Latest Pedersens News

Written by Tennille Pedersen on December 21st, 2016.      0 comments

Property Manager of the Year Finalist - 2016-280
It's been a busy year here at the Pedersens office and we have some very exciting new announcements including new team members, nominations in the Leading Property Managers of NZ Awards for Excellence and some new enhancements to our service for 2017 that will take our clients overall property management experience to new heights ....

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Auckland Rental Update - December 2016

Written by Tennille Pedersen on December 21st, 2016.      0 comments

Auckland Rental Market Update December 2016-853Rents in Auckland according to the latest Trade Me property statistics has seen rents in Auckland increase by 3% compared to the previous year, with the median rent increasing by $10 per week to $510.

So not the increase we all would have liked but when compared most other regions in NZ (excluding Wellington which had a 7.7% increase) it’s still better as most stood still.

We would expect for the rental market to now quiet down for the next month but see it rapidly pick up again in mid to late January.  Offering incentives for prospective Tenants over this quiet time, like a couple of free weeks rent can often see the Landlord with more money in their pocket long term rather than holding out till the market picks up again and new supply comes onto the market. 


To talk to one of our specialists about the ever changing Auckland rental market please contact us on 486 4710 for a no obligation chat. 

 

Pedersens 3D Virtual Property Tours

Written by Tennille Pedersen on December 21st, 2016.      0 comments

Pedersens 3D Virtual Property Tours-565
Pedersens are extremely excited to announce that we now are offering 3D virtual tours for available properties for rent.

This cutting edge piece of technology allows prospective tenants to interact with the virtual space of the house, at their leisure, getting a feel for the property and checking specific details.

We are offering this service for all of our existing owners that have vacant properties at no extra cost. Click here for a demonstration.


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Rental Market not going at same pace as Housing Market

Written by Tennille Pedersen on September 14th, 2016.      0 comments

Rental Market not going at same pace as Housing MarketWhile newspapers and other mainstream media seem to print the same articles every day about the ongoing rise in house prices data shows that rental increases are much more modest. The Trade Me Rental Index showed only a $10 rise on the median prices across NZ in the last 12 months to July with a 4.8% increase on 12 months ago. Auckland was even lower with just a 3% price rise or an average of $15.

This suggests that the low interest rates could be a determining factor in.....
 

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Auckland Rental Market Update – May 2016

Written by Tennille Pedersen on May 25th, 2016.      0 comments

Auckland Rental Market Update May 2016-253While the Auckland property market has definitely shown signs of kicking back into gear with auction results returning to something similar to what we were seeing in 2015 and we anecdotally are hearing some houses again are selling for well above expectations the rental market has not been quite as buoyant. Since daylight savings it has settled down a bit with some suburbs having higher than normal amounts of listings, which is increasing the importance of.......

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What's new at Pedersens

Written by Tennille Pedersen on May 25th, 2016.      0 comments

PedersensNew Additions to the Pedersens Team

We are excited to announce the latest members to join our growing team and that's not just the cars! Alicia Charteris-Harrison started with us in February....

Pedersens REINZ Accredited

In other news, Pedersens last year was one of the first property management companies to be acknowledged by the REINZ.....

Pedersens Advisory Team

We are fully dedicated to ensuring that in both of our businesses continue to strive for excellence and for the last 6 months we have and continue to work very closely with.....

Our Takapuna Office

It’s hard to believe but it’s been now almost a year since we moved into our new Takapuna premises. Having the presence of an office in a high visibility area has made a huge difference to not only the increased interest from.....
 

 

Is Your Rental Property Compliant to the new Legislative Changes?

Written by Tennille Pedersen on May 24th, 2016.      0 comments

Is Your Property Compliant to the new Legislative ChangesOver the last few months there have been several significant legislative changes that have had a major impact on Landlords and their responsibilities to ensure that the rental property meets the new minimum standards that provide tenants with warmer, dryer and safer homes.
 
Brief outline of the changes:
 

  • Property owners and property managers have a responsibility to ensure that the rental property complies in all ways with not only the ..............
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Watercare - Fixed Charges Update

Written by Tennille Pedersen on May 24th, 2016.      0 comments

Watercare  - Fixed Charges UpdateWatercare have just announced that landlords and property managers can now pay for the fixed charges on their water bill as an upfront payment once a year in July.  This is an opt-in system and you must opt in before 30th June in order to be eligible. 

Some see this as a good option as then they can have the water invoice sent directly to the Tenant every month and have the Tenant pay Watercare direct.  From our point of view this may .........

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Should I Meth Test my Property?

Written by Tennille Pedersen on May 24th, 2016.      1 comments

Should I Meth Test my Property-327Meth in rental properties is currently a big topic of discussion with many varying opinions. More and more we are seeing tenants who are better educated about the serious health effects of living in a property that has meth contamination and their preference for renting homes that have been tested prior to occupation.
 
Pedersens are now including as part of our standard tenancy agreements a meth clause, which enables us to test for meth in the property before, during and after a tenancy. While it is not a requirement under the new legislative changes to have ......


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Topics: Meth Testing
 

New Offices for PEDERSENS

Written by Tennille Pedersen on August 20th, 2015.      1 comments

Pedersens OfficeWe are very excited to announce that we have moved into new offices in Takapuna and are now sharing an office space with our other business Kris Pedersen Mortgages.
 
Our new details are as follows:
 
Physical Address and Address for Service
388 Lake Rd
Takapuna
0622




 



 
 

PEDERSENS - LPMNZ 2015 Award Finalists

Written by Tennille Pedersen on May 5th, 2015.      0 comments

Pedersens LPMNZ 2015 Award FinalistsPedersens are so proud to announce that we have been recognised by the Leading Property Managers of NZ as a 2015 finalist for two prestigious awards including

"PROPERTY MANAGEMENT COMPANY OF THE YEAR 2015" 

and

"BEST PROPERTY MANAGEMENT WEBSITE 2015".

At last years LPMNZ awards dinner, Pedersens  won "Best Property Management Website 2014" and our Anne Garland won "Property Manager of the Year 2014". The winners will be announced at the LPMNZ Gala dinner on the 21st May 2015!

 

Rental Market Update – Quarter 1

Written by Tennille Pedersen on March 9th, 2015.      0 comments

Rental Market Update  Quarter 1Auckland house prices are continuing to grow strongly on the back of record migration and low mortgage interest rates driven by a combination of unexpectedly low inflation and a bank war. While rents have not been growing at the same rate they are definitely increasing especially in South and West Auckland.
 
The market seems to be showing similar heat as it was prior to the introduction of the lending deposit restrictions and it looks imminent that the Reserve Bank will look to introduce another rule later this year in order to slow the market with Property Investors being in the gun this time around.
 
At Pedersens prior to the LVR rule introduction when funding was much more accessible we noticed that for a period in the winter months of 2013 that it was harder to get tenants as many were instead looking and able to purchase. Since the rule introduction this has definitely limited many would be purchasers thus increasing pressure on the rental market which has been one of the causes for......

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Credit Checks - Part 2. What to look for in a credit check

Written by Tennille Pedersen on February 11th, 2015.      0 comments

Credit Checks - Part 2.  What to look for in a credit check
When assessing a prospective Tenants credit check there are key things that you want to look for:
 

  1. Does the credit file have more than 1 enquiry?
 
The very first thing to check is the number of enquiries, if there is only 1 enquiry and the age of the credit file is 0 months, then this is a strong indicator that an error has been made in either the name or the date of birth when loading the information. Obtaining a copy of the applicants ID will help avoid making such errors. The only other time you will see a 0 month credit file age is when the applicant has just arrived into the country to live, in which case you should obtain proof of residency.

 
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Credit Checks - Part 1. Should I credit check my prospective Tenant?

Written by Tennille Pedersen on February 11th, 2015.      1 comments

Credit Checks - Part 1.  Should I credit check my prospect Tenant? Credit checks are a vital tool for assessing your risk when selecting a new Tenant for your rental property.  While a prospective Tenant may appear solid when you first meet them, their credit check will give you a much more honest picture about what they will be like as a Tenant. People with bad credit become very crafty at targeting Landlords whom they think that they can pull one over on, and once they are in your property it can be very hard and expensive to get them out as they are often well schooled in the rules of the Tenancy Tribunal as well. 
 
Characteristics of applicants with bad credit that we see on a regular basis include being overly pleasing at the viewing, stating their previous addresses as having private Landlords (whom are actually friends in on the play), using people to front the application ........
 
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