eagle.di@mdvnrealty.com
eagle.di@mdvnrealty.com
FULLY MANAGED
Furnish and Decorate
Marketing and Financing
Tenancy Management
Where we start
The first step towards letting your property is to meet with us for a Lettings Appraisal. Every property is different so, when assessing rental value, we take account of accommodation, condition, location and current demand. In addition, we have extensive knowledge of other properties currently on the market and historic information on rents achieved. During the appraisal we will help you about any action you could take to help maximise the rental income and the property’s desirability to potential tenants such as buying new furnitures, designing the property layout and also decorating the whole house.
Furnishing the property
1. Living room and bedroom are likely the two most important spaces need to be furnish.
2. Window Treatments will be the second part since it will add more privacy and we will acquire simple curtain and curtain rod.
3. Lighting Fixtures will have two different light sources in each room then it will make a huge difference to the apartment.
4. Bathroom adjustment need to be done beforehand since many of property in Vietnam has either ugly design bathroom or even no bathroom at all.
Presentation – First impressions count!
If your property is present well, it may not only achieve a higher rent but tenants are more likely to respect it.
Decoration & Designing – When redecorating we will choose a neutral colour and use emulsion rather than wall paper.
Selecting and attracting the right tenants
At MD REALTY CO., LTD we fully understand that excellent presentation and maximum exposure of our clients’ properties play key roles in securing suitable tenants. We will discuss your particular requirements in detail and will find the most suitable tenant for you.
Effective Marketing – Our team will commence the process of finding a suitable tenant. Your property will be featured on our official MD REALTY CO., LTD website, weibo, wechat and juwai platform. We are active on social media which has become an essential tool in marketing rental properties. Over 70% of people moving home use the internet to search for a property.
Social Media Marketing :
References and Financial checks – When a tenant has been found we carry out strict referencing procedures using a specialist independent referencing company in most cases. This essential and detailed process gives us an understanding or tenant’s personal and financial circumstances in addition to previous agent/ landlord/ accountant references. In the event of an adverse report, we will discuss options such as a guarantor and/or rent paid in advance with you.
Setting up the Tenancy and After Sales Service
It is essential to have a comprehensive tenancy agreement and detailed inventory/schedule of condition prior to each tenancy.
Tenancy Agreement – We use a TA which has been carefully designed to protect your rights to possession, to help control the tenant’s activities, to ensure that you have redress if you property is not looked after carefully and to comply with standard mortgage lender requirements.
Inventory/Schedule of condition – It is highly recommended to have an independent inventory carried out prior to the commencement of the tenancy to protect landlords’ and tenants’ interest.
Rental Payment – When the tenant signs the TA, we collect the 1st month’s rent in cleared funds prior to the tenancy commencing. At the same time we require a standing order for future payments.
Council Tax and utility bills – In addition to the rent, tenants pay for water charges, council tax, gas, electricity, telephone bills, oil, LPG and drainage unless otherwise negotiated.
Taxation – Overseas landlords are responsible for obtaining their own exemption certificate and the appropriate forms should be submitted as early as possible as they may take several weeks to process.
Inspection and maintenance - We will deal with all routine repairs that might arise, using our in-house maintenance team.
