Tenancy Application Process Handy Guide for Gold Coast Tenants
Whilst it seems property managers are asking for some ridiculous amount of paperwork, Nuvaq breaks down clearly the step by step tenancy application process so tenants know exactly what to expect when applying for a property to rent on the Gold Coast.
Application form – On the tenancy application form, tenants are asked for fill in relevant information to help property managers present your application to the property owners. Help the property managers help you by providing all the relevant information during application. The information required are 100 points ID, employment and pay slips, current and previous rental history, etc;
Background checks – When applying for a property, you give the property manager the authority to conduct checks subject to the Privacy Act provisions. Apart from employment check and current rental check, Nuvaq also checks your tenancy database as it is a subscriber to Tenancy Information Centre Australasia (TICA);
Presentation to owners – Based on the information supplied by the tenants, background checks, and tenancy database checks, the property manager then presents your application to the property owners for a decision. The factors that influence an owner’s decision varies and often a property manager is not privy to the reason, and thus cannot disclose the reason for accepting or rejecting a tenancy application;
Even though there are many steps to the tenancy application which may seem out of reach of a tenant, bear in mind that there are certain touch points that you do have control of, such as documents for application, reference letters, first impression and presentation during inspections, etc.
If you are aware of the above tenancy application process, and excel in the factors that you can control, you are already way ahead of the other applicants.
