So finding a place to live turned out to be fun. Its a whole lot more intense than we expected.
Renting in Canada - well at least when I was a Landlord for 3 years went something like this:
Our experience finding a rental in Sydney:
Simple as that.... hence why we lived in 2 temporary places while we were waiting to hear back on our application. For one of the places we were interested in, the other applicant was willing to pay 6 months rent upfront, we did not want to match that.
Renting in Canada - well at least when I was a Landlord for 3 years went something like this:
- Landlord posts ad
- Tenant comes to see the place
- Landlord takes out lease for tenant to review
- Tenant pays 1st and last months rent, signs the lease and gets a move in date/time
Our experience finding a rental in Sydney:
- Tenant searches Realestate.com.au or 1 of 5 rental agencies posts up an ad (LJ Hooker, McGrath, Chase, and a few others)
- Potential Tenant either makes an appointment with the agent to view the property or goes to see it during an 'Inspection' time slot
- Inspections are 15 minute time slots similar to an Open House.
- Depending on the popularity of the area or property, expect several other couples to be looking at the property at the same time as you.
- Agent takes your name and number down when you visit during the inspection
- If Tenant likes a place they submit an Application
- Think of this like a job interview, the agent is going to review all the applications for the unit and make a recommendation to the Landlord. The Landlord gets to choose from the potential suitors
- In some cases you need to submit 2 pieces of photo identification, proof of employment, professional and personal references, and some other items.
- Tenant waits to hear back on the application they submitted (2-3 days can elapse)
- Sometimes you need to put a deposit equal to 1 weeks rent with the application
- If a match is made between Tenant and Landlord, Tenant reviews the lease with the Agent
- If Tenant still wants the place, posts 1 month's bond and pays the remainder of the 1st month's rent.
- Tenant goes in to see the Agent, signs more paperwork, gets the keys and basically gets their rights read to them.
- Tenant moves in and is supplied with a Condition Report
- The Tenant has 7 days to complete the condition report to report any damage and to basically confirm the current state of the apartment. Any variation to the state of the apartment at the end of the lease the Tenant is responsible for.
- Tenant stays till end of lease
- Tenant pays for professional carpet cleaning before the end of the lease. Lucky eh.
Simple as that.... hence why we lived in 2 temporary places while we were waiting to hear back on our application. For one of the places we were interested in, the other applicant was willing to pay 6 months rent upfront, we did not want to match that.