You’ve put in a rental property application, and you’re now waiting to find out if you got the place. So what happens next?
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Depending on the real estate agent, it may be as little as 24 hours before your rental property application is approved from the moment you submit it. The agent will contact you if and when this happens.
Important: Rent.com.au, like other real estate websites, is not a property manager or a landlord. Rent.com.au is an advertising site which landlords and agents use to advertise their available properties. Haven’t heard back from the agent managing the property you’ve applied for? You need to contact the agent direct, as Rent.com.au does not manage any properties.
However, it’s not uncommon for some agents to take 48-72 hours to respond, and in some instances may not respond to your enquiry or application at all. If you haven’t heard back from the agent after 24 hours, it’s a good idea to follow up by phone or email. Be sure to remind them about the address of the property you have applied for.
Another way to approach this stage of the application process is to let the agent know you applied for the property yesterday, and that you’re simply checking to see if they require any further information. Doing so can help your application stay top of mind when the agent is sorting through applications for the property.
Once you’ve been accepted for a rental, things can move fairly quickly. The landlord or agent will ask you to sign a lease and pay the rental bond (usually four weeks of rent) and rent in advance (typically two weeks of rent) to secure the property – this may be required 24-48 hours after being accepted. You may also need to pay an additional processing fee. This will vary from agent to agent
Understanding rent in advance: Most residential tenancy agreements require two weeks’ rent in advance. Paying in advance means that for the relevant period (two weeks), you pay rent at the start of the period. So, when you move in, on day one you pay 14 days’ rent. This runs down over the fortnight so that at the end of day 14 you are no longer in advance. The next day is the start of the next 14 day period, so you have to pay rent again.
Go in with a good attitude
This may be one of the most important tips! Searching and applying for rental properties can be a stressful time for renters.
During the enquiry, viewing and application process, make sure you’re polite and friendly to the leasing agent, landlord or owner.