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Rent with ADVENT - The Rental Property Management Specialists

Rent with ADVENT

Advent provides complete rental Property Management and Tenant Placement services for luxury and affordable condos, apartments, penthouses, lofts, townhouses, houses and mansions located in Vancouver, North Vancouver, West Vancouver, Burnaby, Richmond, New Westminster, Coquitlam, Port Coquitlam and Port Moody. Our licensed Property Managers provide specialized services to suit the type of management appropriate to your real estate investment property and the options that best services you, our client.

 

Why use a Professional Property Manager?

Maximize your Returns

Lower your vacancy rate
Place qualified tenants
Maintain the integrity and value of your property

Minimize your Risk

Thorough knowledge of the Residential Tenancy Act (RTA)
Utilize proven leases and documentation
Repairs and maintenance by qualified tradesmen
Rent collected by Pre-Authorized Payment (PAP)
Mitigate tenancy disputes
Receive emergency calls 24/7, 365 days a year
Liaise with Strata Corporations, Insurance Companies etc.

 

Why Advent Real Estate Services?

Property Managers

Licensed and experienced
Sound knowledge of the Residential Tenancy Act
Available for 24/7 tenant emergencies
Working flexible hours to manage your property

Tradesmen & Maintenance

Qualified, ticketed, insured and bonded
Reasonable rates
No up-charging on invoices
Emergency Response

Advertising

Setting industry standards in internet marketing
Maximum visibility on Advent's website
High website traffic on adventvancouver.com
Free online advertising
Free full page website advertisements
Free search engine optimization for rental advertisements
Free professional quality photography
Free advertising on Advent's Facebook page
Free advertising on Advent's Twitter page
Free advertising on Advent's YouTube page
Free advertising on Craigslist & Kijiji
Excellent rates for print Ads

Relationships

Direct communication with owners & tenants
24/7 Emergency response for owners and tenants
Direct contact with your Property Manager
Long-term relationships with tradesmen

Non-Residents Tax

NR6 Filing
NR4 Filing

Tenancies

Qualified tenants
Full reference checks
Full credit history checks
Criminal check if required
Long-term experience in vetting tenants

 

Rental Property Management Services

  • Maximized rental incomes
  • A FREE Rental Value Assessment for your property
  • Marketing the property for lease
  • Scheduled private showings
  • Application management
  • Tenant approval and selection (including credit checks)
  • Collect security and pet deposits
  • Negotiate lease terms
  • Sign lease documentation and addendums
  • Move-in condition reports
  • Move-out condition reports
  • Monthly rent collections by Pre-Authorized Payment (PAP)
  • Schedule repairs and maintenance
  • 24/7, 365 Emergency call service for tenants
  • Suite inspections
  • Tenancy dispute mitigation
  • Electronic money transfer (EFT) to owner
  • Monthly and annual statements
  • Liaise with Strata Corporation, Insurance Corporation etc....

Tenant Placement Services

  • Maximized rental incomes
  • A FREE Rental Value Assessment for your property
  • Marketing the property for lease
  • Scheduled private showings
  • Application management
  • Tenant approval and selection (including credit checks)
  • Collect security and pet deposits
  • Negotiate lease terms
  • Sign lease documentation and addendums
  • Move-in condition reports
  • Liaise with Strata Corporation
Rates & Fees
  • Very competitive in the market
  • Discounts for multiple units
  • No charges when the property is vacant
  • No charges for administration
  • No charges for maintenance scheduling
  • No renewal fees
  • 100% No other charges or fees
  • Call Advent for more info 604.736.6478
Frequently Asked Questions

The most faq's encountered by our Property Managers.

What are your rates?
Should I rent unfurnished or furnished?
What is Tenant Placement?
Is there a standard rate in the industry?
What makes Advent Real Estate Services Ltd. different from other Property Management companies?
Where will you advertise my property?
What criteria do you use to choose a tenant?
When do you do showings?
Do I have a choice in who lives in my property?
Do you guarantee the tenancy?
What if the tenant breaks the lease do I have to pay another Tenant Placement Fee?
Who does the tenant call for repairs and emergencies?
Are you Licensed and with what governing body?
Are you a member of the Better Business Bureau?
How is the rent collected and how do I pay for your fees?
Who pays the utilities?
Do I need insurance and what does it cover?

What are your rates?

Rates are based on the monthly rental income, all rates are subject to GST.
Call ADVENT today on 604.736.6478 to discuss our rates and fees with a licensed Property Manager.

Should I rent unfurnished or furnished?

One of the most common questions from our clients is whether to rent their property unfurnished or furnished. It may not seem like there is much difference between the two, just simply put some furniture in a suite and rent for a higher rate. Unfortunately, this is not the case, it is a common misperception that since furnished rentals achieve higher rents they must make higher profit. Furnished suites are basically long term stay hotel rooms and come with electricity, cable, phone, internet service and sometimes cleaning services. The leases are most often 3 - 6 months and the vacancy rate can be as high as 30% in the off season months. For these reasons, we will most often suggest renting a property unfurnished for long term 1 year leases and let the tenant pay for the electricity, cable, phone and internet service. Other benefits of renting your property unfurnished are that you get steady income with only a 1-2% vacancy rate in, you will not have transient tenancies and damages to furniture is more costly to repair than bare walls and carpet. There are circumstances where renting furnished makes sense - in cases where the owner of the property is the primary resident and will be taking extended leave - due to the high cost of storage and the possibility of the owner using the property throughout the year or coming back to live permanently - in this case we do support renting a property furnished for convenience and availability.

What is Tenant Placement?

Tenant Placement is a term that we use to refer to the process of placing a new tenant, including advertising, showing and approving a qualified tenancy.

Is there a standard rate in the industry?

No, we do not have standard rates. Each company charges and structures their rates to reflect the services and expertise provided.

What makes Advent Real Estate Services Ltd. different from other Property Management companies?

The Property Managers at Advent Real Estate Services Ltd. work in a similar structure to that of a Real Estate Sales Representative. What this means for you is that we essentially work independently for our clients to provide them with personal service that a Property Manager working 9am-5pm in an office cannot. We are available for our clients 7 days a week 365 days of the year by mobile phone or email and we are also available to do evening and weekend showings to make sure that we find the best tenancy for your investment.

Advent Real Estate Services Ltd. limits the amount of properties that each Property Manager can effectively manage. Therefore, we do not have assistants and other staff involved in the process, you will deal directly with your Property Manager on every issue concerning your property.

Where will you advertise my property?

Advent Real Estate Services Ltd. utilizes the Internet to it's fullest to advertise and attract qualified tenants for your investment property. We have accounts with many of the sites available to us as Property Managers and also use our own website and social media to show your property to it's fullest potential. We advertise on Advent's corporate website adventvancouver.com with full page advertisements, Craigslist, Kijiji, Facebook, Twitter, Google+, YouTube and more!

What criteria do you use to choose a tenant?

Advent Real Estate Services Ltd. takes a full application on each and every tenant that we place in our clients properties. With this application the tenant signs authorization to perform credit and reference checks. This information gives us a history of financial responsibility, confirms previous addresses as well as giving us work history and income verifications. All of our Property Managers are experienced and well trained in reading the credit histories and noticing any inconsistencies in the information that the tenant is giving.

When do you do showings?

Simply, whenever the perspective tenant wants, within reason of course. If a property is currently tenanted we are limited as to how often and when we can show the property, however with a good working relationship with the tenant we rarely have conflict. Preferred showing times are during daylight hours to show the property in it's best light but unfortunately schedules don't always permit and this can be difficult in Winter months, this makes Saturdays and Sundays very popular days to conduct showings.

Do I have a choice in who lives in my property?

Advent Real Estate Services Ltd. will make the final decision on the tenant but would be happy to discuss potential tenants with you prior to approving applications and signing leases. Advent Real Estate Services Ltd. does not deny applications based on sex, religion, race, and/or children or for any other reason that can be considered biased or prejudiced.

Do you guarantee the tenancy?

No, unfortunately we cannot guarantee tenancies. This is due to basic human nature that is not easily predicted. We could place the perfect tenant and have no problems for years until a change in the tenants life, job, divorce, or even family tragedy. With these types of unpredictable events possible in everyone's lives financial hardship can change everything. In most cases, the tenant understands their personal situation and deals with it in a professional manner with little or no interruption to the Landlord's income. On rare occasion there is potential loss to the Landlord and we take immediate action at that point to mitigate damages.

What if the tenant breaks the lease do I have to pay another Tenant Placement Fee?

If the tenant breaks the lease, he/she is responsible for all costs associated with their actions. Therefore, the cost to re-lease the property, including our fee, is the tenant's responsibility. The tenant will also pay for credit checks, advertising and any other miscellaneous charges associated with the process.

Who does the tenant call for repairs and emergencies?

The tenant will always call their Property Manager or Advent Real Estate Services Ltd. directly to arrange for repairs and emergencies. The tenant will not have any contact with you and will not in most cases know who you are. Advent Real Estate Services will be their only contact by email and mobile phone in case of emergency.

Are you Licensed and with what governing body?

Advent Real Estate Services Ltd. is licensed with the Real Estate Council of BC as are all of our Property Managers.

Are you a member of the Better Business Bureau?

Yes, Advent Real Estate Services Ltd. is a member of the Better Business Bureau.
Click here to view our BBB Accreditation and Report

How is the rent collected and how do I pay for your fees?

Advent Real Estate Services Ltd. collects postdated cheques from all the tenants when we sign the leases. These cheques are deposited into an audited trust account until they clear and then on the 15th (or the next business day) of every month we deposit a cheque directly to the account of your choice in BC less our fee and any other costs associated with your property during the previous month.

Who pays the utilities?

The tenant will pay the utilities unless the suite is furnished; in this case we receive the bills at our office and pay them on your behalf. These costs are deducted from your income prior to depositing the rent in your account.

Do I need insurance and what does it cover?

Yes you do need landlord's insurance. The tenant will insure their content and you will insure the fixtures and the rental income. Each insurer has different packages, please see your insurance agent for any details about insurance.

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