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Aussie Real Estate Podcast

Better Rental Inspections

10 Feb 2022

Transcription

Chapter 1: What is the focus of the podcast episode with Hayley Mitchell?

2.596 - 8.951 Hayley Mitchell

It's The Real Estate Podcast, brought to you by Ray White, the largest real estate and property group in Australasia.

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9.272 - 19.516 Unknown

And welcome to another episode of The Real Estate Podcast. We're talking to Hayley Mitchell from Mitchell PT. Welcome to The Real Estate Podcast, Hayley.

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19.776 - 20.959 Hayley Mitchell

Thanks for having me.

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20.939 - 47.83 Unknown

Great to have you on again. A lot of our listeners, as we mentioned previously, have rental properties. Some elect to self-manage them. Others have companies like yourself and people doing that aspect for them. I wanted to sort of have a look at the inspection process itself, like remote routine inspections that were being carried out. under the tight COVID conditions in terms of lockup.

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48.391 - 52.317 Unknown

What was that involving in terms of the remote routine inspections?

52.798 - 72.428 Hayley Mitchell

Yeah, we had to pivot pretty quickly on that one, actually, because all of a sudden we weren't allowed to do our inspections of properties. And that's such a big part of what we do to ensure that the property is well managed and that the renters are looking after it well and it's kept neat and clean. And also to see if any maintenance issues as well. And

72.762 - 94.396 Hayley Mitchell

An example of that is I remember I managed property years ago and this renter was amazing. She was just, her property looked like a, I don't know, design home. It was just beautiful every time you went through. And my owner actually said, don't worry about doing two inspections a year. She's perfect. And I said to him, yeah, but what if there's maintenance and it's not picked up by her?

94.417 - 108.603 Hayley Mitchell

So, and it was funny, the next routine I did, there had actually been a roof leak. and she hadn't noticed it. And I said to the owner, you've got a roof leak. This is why we go through every six months to make sure that the property is well maintained and there's no issues.

108.983 - 130.119 Hayley Mitchell

So all of a sudden, if we're not allowed to go in and look at properties, we still want to make sure that we are, I guess, casting our eye over the property. So a lot of the software providers came out with the ability to do a remote routine inspection, which means that we would send a link to our renters. Our renters would do the inspection themselves on their phone.

Chapter 2: How did COVID-19 impact rental property inspections?

146.827 - 167.873 Hayley Mitchell

And those agencies now have a massive backlog of inspections to catch up with. And, you know, although the remote routine inspection is not the same as going through the property physically and having a look yourself, it was really interesting. The quality of reports that came back from renters was actually really good.

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167.853 - 184.9 Hayley Mitchell

And if there was an issue that a property manager could see during that inspection, they could then obviously organise a follow-up inspection once COVID was over. So I think it was just really important for us to still be able to do that particular task.

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185.318 - 204.272 Unknown

You know, it's interesting, as you say, because it was a detailed kind of a report. It almost needs to be amalgamated in some way. Like when we return to normal, maybe you can pivot with that branch of extra reporting. I don't know. Is that helpful? Useful?

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204.607 - 214.689 Hayley Mitchell

Yeah, well, I have spoken to quite a few agents that said that potentially what they might do is do the two in-person inspections. And this is obviously in Victoria. We can only go through twice a year.

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Chapter 3: What are remote routine inspections and how do they work?

215.33 - 236.033 Hayley Mitchell

So do the two inspections in the first year. And then in the second year, if a renter is still staying on and they're a fantastic long-term renter, maybe do one in-person inspection. and one remote routine inspection as well, so that you're still looking at the property twice a year, but you're not necessarily interrupting a long-term perfect tenant every six months.

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236.154 - 241.845 Hayley Mitchell

So I think there will be a few changes like that coming through in the future with some agencies.

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242.527 - 245.633 Unknown

Takes a pandemic to improve the reporting, Hayley.

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245.731 - 268.397 Hayley Mitchell

sure does and some of the reports that the renters did i've got a property in geelong west and the report she sent back i have to say was more detailed than what my property manager was doing so you know often you've got these renters that actually can take that detail because they live in the property every day so yeah it was really interesting seeing the quality of reports that came back

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268.681 - 270.503 Unknown

employ that renter, I say.

271.063 - 277.77 Hayley Mitchell

She's fantastic. She's been in my property now for, I think, four or five years. She's just amazing. So I hope she never leaves.

278.691 - 284.957 Unknown

Now, talking of COVID, how tricky was it to lease a property? Because I guess that's a bit of a nightmare.

285.458 - 297.81 Hayley Mitchell

Very much so. Most agencies have always had the opinion that a renter has to physically view a property before they'll actually sign a lease with them. But during COVID, we went to a lot of video

298.111 - 327.409 Hayley Mitchell

inspections sometimes depending on where lockdown was the agent would do a facetime inspection for the renter there's a lot of agencies that did virtual tours of properties and then a renter would just sign a release to say yes they haven't physically viewed the property but they're happy to go ahead that actually worked quite well what a lot of agents have changed now to do is doing those virtual tours on properties and having really good photos and floor plans

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