Pets – they bring love, joy, laughter and comfort to many people across the world. Whether it’s a playful pup, curious kitten, talkative parrot or easy-going fish, many of us have or have had pets in our lives.
It can be difficult, as a landlord, to decide whether or not to allow tenants to have pets in your rental property. We’re sure you’ve heard some horror stories of the increase to wear and tear some pets may bring!
It’s even harder for tenants to find a rental property in Perth that allows pets.
So, why should you make your rental pet friendly?
Read more from the Perth property management experts at Thought Leaders Real Estate to find out.
You’re welcoming more families
Statistically speaking, families will often treat your rental property as their home. That is, families are more willing to put the effort in to create a house to be proud of.
Many Perth families, with or without kids, have one or more pets to complete their family.
- Did you know approximately 61% of households in Australia own pets?
- Dogs are the most common at 40%,
- Cats come in second at 27%,
- Then fish, birds and small mammals follow suit.
You want to attract good tenants to your rental property. So, why not share the love and open your rental property up to applications of tenants with pets?
The tenancy may be longer
Quite often, tenants once settled, will want to stay longer in a property.
Many humans and their animal friends don’t like moving around very often.
The renewal of lease for the tenant and yourself, will ultimately be a win-win situation for everyone.
Reduce rental vacancy rates
A rental property isn’t an investment if it’s left empty for extended periods of time.
Surprisingly, many landlords believe a pet will increase the wear and tear of a property.
However, a rental property left untenanted for extended periods will amount to the same (if not more) wear and tear.
Attract more tenants
Remember earlier we stated 61% of households own pets?
This means listing a pet-friendly rental property will attract a higher number of tenants, than one that isn’t even giving pet-owners a chance.
Potential for higher rental negotiations
Tenants may be willing to pay more to secure a rental property where they can bring their beloved pet along. After all, pets are considered valued family members to so many Australians.
There’s a definite demand for pet-friendly rental properties on the Perth rental market.
Pet agreements and Perth property management
When listing a pet-friendly rental property, a pet agreement is always agreed upon between parties.
This ensures any damages inflicted by the pet must be repaired by the tenant.
At the end of the day, choosing whether or not to list a rental property as pet-friendly is up to the landlord.
Thought Leaders Real Estate, the Perth property management professionals are here to carefully source tenants and manage rental properties.
Need property management in Perth?
Contact Thought Leaders Real Estate today to discover how our Perth real estate agency will benefit you.
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