Explain the Fees and Commissions Structure to the Property Owner
7
Approval: Contract
8
Sign the Estate Agent Agreement with the Property Owner
9
Add the Property to the Property Management System
10
Set Up the Property Listing on Estate Agents Platforms
11
Organize Professional Photographs of the Property
12
Collaborate with Marketing to Create Property Description
13
Approval: Property Description
14
Schedule the First Property Viewing
15
Prepare the Property for the First Viewing
16
Follow-Up with Property Viewer's Feedback
17
Update Property Listing Based on Feedback if Needed
18
Approval: Updated Property Listing
19
Manage the Leasing Process if Potential Tenant Found
20
Closing the Letting Agreement and Handing Over the Keys
Confirm the Property Details
This task is crucial in ensuring that all necessary details about the property are accurate and up-to-date. It involves double-checking the property address, type, size, and amenities. The goal is to avoid any confusion or misinformation that may cause problems during the onboarding process. It is important to gather this information from the property owner or other reliable sources. - What is the address of the property? - What is the type of property (e.g., apartment, house, commercial building)? - What is the size of the property (in square feet or square meters)? - What amenities does the property have (e.g., parking, swimming pool, gym)?
1
Apartment
2
House
3
Commercial Building
1
Parking
2
Swimming Pool
3
Gym
4
Garden
5
Balcony
Review the Property Inspection Report
In this task, the property inspection report needs to be carefully reviewed to identify any existing damages or issues with the property. This will help ensure that potential tenants are made aware of any necessary repairs or maintenance before moving in, and will prevent any misunderstandings or disputes later on. - What are the key findings from the property inspection report? - Are there any damages or issues that need to be addressed? - What repairs or maintenance are required? - Are there any immediate concerns that need to be addressed before showing the property to potential tenants?
1
Electrical Issues
2
Plumbing Problems
3
Structural Damages
4
Pest Infestation
5
Safety Hazards
Verify the Property owner's information
In this task, the property owner's information needs to be verified to ensure that all contact details are accurate and up-to-date. This will facilitate effective communication between the estate agent and the property owner throughout the onboarding process and beyond. - What is the property owner's full name? - What is the property owner's phone number? - What is the property owner's email address? - What is the best method of contact for the property owner? - Are there any alternative contact persons for the property owner (e.g., property manager, assistant)?
1
Phone
2
Email
3
Text Message
Approval: Verification
Will be submitted for approval:
Confirm the Property Details
Will be submitted
Review the Property Inspection Report
Will be submitted
Verify the Property owner's information
Will be submitted
Prepare the Estate Agent Contract
This task involves preparing the estate agent contract that will be used between the estate agent and the property owner. The contract should include all relevant details agreed upon between the two parties, including the duration of the agreement, fees and commissions structure, and any specific terms or conditions that need to be included. - What is the duration of the agreement? - What are the fees and commissions structure? - Are there any specific terms or conditions that need to be included in the contract?
Explain the Fees and Commissions Structure to the Property Owner
In this task, the estate agent needs to explain the fees and commissions structure to the property owner in a clear and concise manner. This will ensure that the property owner understands how and when they will be paid and what deductions will be made for services rendered. - What are the fees charged by the estate agent for property management services? - How will the estate agent be paid (e.g., monthly, quarterly, annually)? - Are there any additional fees or charges that the property owner needs to be aware of? - What deductions will be made from the rental income for services rendered by the estate agent?
Approval: Contract
Will be submitted for approval:
Prepare the Estate Agent Contract
Will be submitted
Explain the Fees and Commissions Structure to the Property Owner
Will be submitted
Sign the Estate Agent Agreement with the Property Owner
In this task, the estate agent and the property owner need to sign the estate agent agreement to formalize their partnership. The signed agreement will serve as a legally binding contract between the two parties and will outline their respective rights, responsibilities, and obligations. - Have both parties agreed to the terms and conditions outlined in the estate agent agreement? - Has the agreement been reviewed by legal counsel if necessary? - Has the agreement been signed by both the estate agent and the property owner? - Has a copy of the signed agreement been provided to both parties?
1
Yes
2
No
1
Yes
2
No
1
Yes
2
No
1
Yes
2
No
Add the Property to the Property Management System
In this task, the property needs to be added to the property management system used by the estate agent. This will allow for efficient management of the property, including rent collection, maintenance requests, and tenant communication. - What is the address of the property? - What is the size of the property (in square feet or square meters)? - What is the rental price for the property? - Are there any specific instructions or notes that need to be included in the property management system for this property?
Set Up the Property Listing on Estate Agents Platforms
In this task, the estate agent needs to set up the property listing on various estate agent platforms to attract potential tenants. The property listing should include accurate and detailed information about the property, including photos, amenities, rental price, and contact details for inquiries. - What is the address of the property? - What is the rental price for the property? - What amenities does the property have? - Are there any specific instructions or notes that need to be included in the property listing? - Are there any specific estate agent platforms that should be used for listing the property?
1
Parking
2
Swimming Pool
3
Gym
4
Garden
5
Balcony
1
Zillow
2
Realtor.com
3
Trulia
4
Redfin
5
MLS
Organize Professional Photographs of the Property
In this task, professional photographs of the property need to be organized to showcase its features and attract potential tenants. The photographs should accurately represent the property and capture its best features. They should be of high quality and visually appealing. - What are the best features of the property that should be highlighted in the photographs? - Are there any specific areas or rooms that should be photographed? - Are there any specific angles or perspectives that should be captured in the photographs? - Are there any specific instructions or guidelines for the photographer?
Collaborate with Marketing to Create Property Description
In this task, the estate agent needs to collaborate with the marketing team to create an attractive and compelling property description. The description should highlight the property's unique features, amenities, and location to attract potential tenants. - What are the unique features of the property that should be emphasized in the description? - What amenities does the property offer? - What is the neighborhood like? - Are there any nearby attractions or amenities that should be mentioned? - What is the rental price for the property? - Are there any specific guidelines or requirements for the property description?
1
Parking
2
Swimming Pool
3
Gym
4
Garden
5
Balcony
Approval: Property Description
Will be submitted for approval:
Organize Professional Photographs of the Property
Will be submitted
Collaborate with Marketing to Create Property Description
Will be submitted
Schedule the First Property Viewing
In this task, the estate agent needs to schedule the first property viewing with potential tenants. The goal is to showcase the property's features and amenities and answer any questions they may have. It is important to be flexible with scheduling to accommodate potential tenants' availability. - What is the preferred date and time for the first property viewing? - Are there any alternative dates and times that can be offered? - Are there any specific instructions or guidelines for the property viewing? - Has the property owner been informed about the scheduled viewing?
1
Yes
2
No
Prepare the Property for the First Viewing
In this task, the property needs to be prepared for the first viewing with potential tenants. This includes ensuring that the property is clean, well-maintained, and presented in the best possible condition. It is important to pay attention to details and create a welcoming and inviting atmosphere. - Has the property been cleaned thoroughly? - Are there any repairs or maintenance tasks that need to be completed? - Have all necessary amenities and utilities been checked and are in working condition? - Is the property well-staged with appropriate furnishings and decor? - Are there any specific instructions or guidelines for preparing the property?
1
Yes
2
No
1
Yes
2
No
1
Yes
2
No
1
Yes
2
No
Follow-Up with Property Viewer's Feedback
In this task, the estate agent needs to follow up with the property viewer to gather their feedback and address any questions or concerns they may have. This will help gauge their level of interest in the property and provide them with any additional information or clarification they may need. - What is the property viewer's feedback on the property? - Do they have any questions or concerns that need to be addressed? - Are they interested in renting the property? - Are there any specific instructions or guidelines for following up with the property viewer?
1
Yes
2
No
Update Property Listing Based on Feedback if Needed
In this task, the estate agent needs to update the property listing based on the feedback received from potential tenants. This may involve making changes to the property description, adjusting the rental price, or addressing any specific concerns or preferences expressed by potential tenants. - What changes need to be made to the property listing based on the feedback? - Is the rental price reasonable based on market demand and comparable properties? - Are there any specific concerns or preferences expressed by potential tenants that need to be addressed? - Are there any additional updates or improvements that can be made to enhance the property's appeal? - Are there any specific instructions or guidelines for updating the property listing?
1
Yes
2
No
Approval: Updated Property Listing
Will be submitted for approval:
Follow-Up with Property Viewer's Feedback
Will be submitted
Update Property Listing Based on Feedback if Needed
Will be submitted
Manage the Leasing Process if Potential Tenant Found
In this task, the estate agent needs to manage the leasing process if a potential tenant is found. This involves conducting a thorough background check, verifying the tenant's employment and income, and evaluating their references and rental history. The goal is to ensure that the tenant is qualified and reliable. - Does the potential tenant meet the income requirements? - Can the potential tenant provide references from previous landlords? - Does the potential tenant have a clean rental history? - Can the potential tenant provide proof of employment or income? - Are there any specific instructions or guidelines for managing the leasing process?
1
Yes
2
No
1
Yes
2
No
1
Yes
2
No
1
Yes
2
No
Closing the Letting Agreement and Handing Over the Keys
In this task, the estate agent needs to close the letting agreement with the tenant and hand over the keys to the property. This involves signing the tenancy agreement, collecting the security deposit and first month's rent, and providing the tenant with a copy of the agreement and keys. The goal is to ensure a smooth and organized transition for the tenant. - Has the tenancy agreement been signed by both parties? - Has the security deposit and first month's rent been collected? - Have all necessary documents and keys been handed over to the tenant? - Has the tenant been provided with a copy of the tenancy agreement, move-in checklist, and other relevant documents? - Are there any specific instructions or guidelines for closing the letting agreement and handing over the keys?