Property Management & Tenant Placement Services

Advent Real Estate Services Ltd.

Rent Your Property Today! Complete rental management and tenant placement services. Qualified long term tenants and maximized rental rates. Long term unfurnished and short term furnished rentals. The rental industries most recognized brand name. Licensed property managers on Call 24/7. Call 604.736.6478 and Rent with ADVENT!

Advent provides complete Rental Property Management and Tenant Placement services for luxury and affordable condos, townhouses and houses 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 service you, our client.

If you're looking for a company to manage your real estate investment or place a qualified tenant, you've come to the right place! Earn maximum investment revenue and rent your property with Advent today! Over the last 10 years Advent has rented thousands of properties! Our track record speaks for itself!

 

We'll Maximize your Returns by:

  • Lowering vacancy rates
  • Placing qualified tenants
  • Maintaining the integrity and value of your property

We'll also Minimize your Risk by:

  • Utilizing our thorough knowledge of the Residential Tenancy Act (RTA)
  • Utilizing proven leases and documentation
  • Utilizing qualified tradesmen for repairs and maintenance
  • Collecting rents by Pre-Authorized Payment (PAP)
  • Mitigating tenancy disputes
  • Being on-call 24/7, 365 days a year for emergencies
  • Liaising with Strata Corporations, Insurance Companies etc.

 

Why Rent with ADVENT?

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
  • 100% FREE
    • Online advertising (high website traffic on adventvancouver.com)
    • Full page website advertisements
    • Search engine optimization
    • Professional quality photography
    • Advertisements on Craigslist
    • Social media listings on Advent's Facebook, Twitter, Google+ & LinkedIn Pages

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
  • Long-term experience in vetting tenants

 

Advent's Rental Property Management Services

  • Maximization of rental income
  • Marketing the property for lease
  • Scheduling private showings
  • Application management
  • Tenant approval and selection (including credit checks)
  • Collection of security and pet deposits
  • Negotiation of lease terms
  • Signing lease documentation and addendums
  • Move-in condition report
  • Move-out condition report
  • Monthly rent collection by Pre-Authorized Payment (PAP)
  • Scheduling repairs and maintenance
  • 24/7, 365 Emergency on call service for tenants
  • Suite inspections
  • Tenancy dispute mitigation
  • Electronic money transfer (EFT) to owner
  • Monthly and annual statements
  • Liaising with Strata Corporation, Insurance Corporation
  • Get a Free Rental Rate Assessment Today >>

 

Advent's Tenant Placement Services

  • Maximization of rental income
  • Marketing the property for lease
  • Scheduling private showings
  • Application management
  • Tenant approval and selection (including credit checks)
  • Collection of security and pet deposits
  • Negotiation of lease terms
  • Signing lease documentation and addendums
  • Move-in condition report
  • Liaising with Strata Corporation
  • Get a Free Rental Rate Assessment Today >>

 

Advent's Rates & Fees

  • We're very competitive in the market
  • We give discounts for multiple units
  • No charges:
    • When the property is vacant
    • For administration
    • For maintenance scheduling
    • For renewals
  • 100% No hidden charges or fees
  • Call Advent for more info (604) 736-6478

 

Frequently Asked Questions

What are your rates?
Is there a standard rate in the industry?
What makes ADVENT different from other Property Management companies?
Are you Licensed and with what governing body?
Should I rent unfurnished or furnished?
What is Tenant Placement?
When do you do showings?
Where will you advertise my property?
What criteria do you use to choose a tenant?
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?
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.

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 different from other Property Management companies?

Advent's Property Managers 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 also 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.

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.

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, you will not have transient tenancies and damages to furniture are 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 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.

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.

Where will you advertise my property?

Advent utilizes the Internet to it's fullest to advertise and attract qualified tenants for your investment property. We use our own high traffic website adventvancouver.com, social media sites such as Facebook, Twitter, Google+ and LinkedIn, as well as free classified websites Craigslist and Kijiji to advertise your property to it's fullest potential. We also keep a close eye on new free classified websites that come online, to generate more interest in your property.

What criteria do you use to choose a tenant?

Advent 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.

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

Advent 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 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 will be their only contact by email and mobile phone in case of emergency.

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

Advent collects postdated cheques from all of our tenants when we sign a lease with them. These cheques are deposited into an audited trust account until they clear, 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.