Real Estate Institute of Australia (REIA) President, Hayden Groves has urged tenants to seek out ‘Mutual Agreements’ with property managers if they require changes to a property.
Mr Groves said renting your home long-term could be a sensible choice for many Australians, allowing for more flexibility and freedom as living needs change, compared to buying a home.
“30 per cent of Australians rent the home they live in, however, there are times when a tenant may require modifications such as mild renovations for cooling or heating systems, and it can be difficult to make desired amendments to suit your needs,” Mr Groves said.
“Regardless of the State or Territory where you live, all Australian tenancy legislation allows for tenants, property managers and property owners to negotiate a ‘Mutual Agreement’.
“Mutual agreements are a great way for tenants to make home modifications, and to provide surety to property owners that their investment is protected.
“As summer approaches, tenanted homes without efficient cooling systems can get very uncomfortable. Mutual agreements to improve the ambient environment of a tenant’s home are a sensible option given it improves a property’s value.
“Communicating effectively and taking a positive and respectful approach goes a long way to achieving a successful negotiation that benefits tenants, property managers and property owners.”
Mr Groves said it was ideal for tenants to develop a proposal – know exactly what they are asking for before contacting their property manager.
“Get their thoughts around what might work for the property owner and importantly, consider what changes are to occur and how the costs of the improvements might be apportioned,” he said.
Tenancy Skills Institute CEO, Paul Tommasini supported the REIA’s efforts for tenants to effectively communicate with property managers, and to enhance their home environments through negotiating mutually beneficial modifications.
“Sustainable tenancies start with tenants understanding the key tenets of effective communication with their property manager, and knowing their rights and responsibilities,” Mr Tommasini said.
