Property Management

This service includes the following functions:

This service includes the following functions (in addition to the Placement Service functions):

Every aspect of physical building management and tenancy maintenance is catered for by the allocation of the Landlord's requirements to a team comprising:

Functions performed by this team include the following:

Rental assessment and advice on enhancements necessary to maximise rental potential.

Provision of statutory defects lists and advice to Landlords on their obligations in terms of the Rental Housing Act.

Collection and payment to Landlords of the Tenant's security deposit and first month's rental.

Advertising for potential tenants.

Interviewing prospective tenants, obtaining detailed particulars, checking references and assessing credit worthiness.

Preparation and signature of lease compliant with the Rental Housing Act and supplying copies of the signed lease to Landlord and tenant.

Collection of security deposit and investment thereof in
accordance with legislative requirement.

Arranging entry and exit inspections in accordance with legal
requirements.

Issuing of monthly rental statement to tenants, collection of
rental and credit control in the event of slow or non-payment.

Arrangement of repairs and maintenance, and payment of related expenses.

Payment of expenses such as municipal utilities, bond instalments, rates and levies incurred in the administration of
the premises.

Access to our Online Portal, which provides access to cash flow
statements, tenant arrears, lease agreements, copies of
invoices paid and much more.

Continuous property rental assessment and revision of property rentals according to market conditions.

Portfolio Manager - directly accountable to the Landlord for every aspect of the building management.

Building Inspector

Leasing Broker

Collections Clerk

Bookkeeper

The sourcing of credit rated tenants.

Collection of rents.

Periodic building inspections.

Arrangement of repairs.

Assist with the hiring of staff and payment of wages.

Payment to creditors.

Accounting in detail to Landlords on a monthly basis.

Compilation and submission of VAT returns.

This basic placement service is suited to Landlords who are knowledgeable in the legal framework of the residential rental market and who are able to devote adequate time to rent collection themselves.

With this service, the tenant pays all subsequent monthly rentals to the Landlord and all further dealings are conducted directly between Landlord and Tenant.

Landlords who are not proficient in the collection of rentals and the legal aspects governing the Landlord / Tenant relationship are advised to make use of this comprehensive service.

This service is available to Landlords of multi tenanted residential, commercial and industrial properties and is fully comprehensive, designed to maximise return on investment while minimising day to day involvement of the Landlord.

Wakefields Property Management offers tailor made solutions for property rentals to the residential, commercial, and industrial sectors, where Landlords require placement of tenants for single residential units, full managed service for single residential units, and full leasing, rent collection and building management services for multi unit residential, commercial and industrial buildings.