LongView’s Guaranteed Rent is the ultimate peace-of-mind service and one which no other real estate agency in Melbourne will offer you. Have certainty that your rent will be there in full, on time, every month — even when your property is vacant, or tenants don’t pay on time.
How to secure your cashflow with Guaranteed Rent
Our world-class Property Management team are responsible for securing you the best tenants, the best rent, and the lowest vacancy, so we should cover the cost if we don’t.
How it works
- First, we establish the weekly market rent for the property using accurate comparable data.
- We deduct the usual turnover costs, such as letting fees, vacancy, advertising, landlord insurance, and standard management fees, leaving you with the same amount you would usually profit annually.
- Your first payment is disbursed to you in 10 business days from handing over the keys to us (T&Cs apply), and then the fixed monthly amount on the same day, every month, no matter what.
The cost of vacancy
LongView has and is Melbourne's fastest leasing agent during Covid (source Propic 2021) which saved our landlords on average $1000 per year.
Our experienced Property Managers manage the ups and downs of thousands of properties. Guaranteed Rent allows them to smooth out every landlord’s cash flow and removes the risks of vacancy, late rent payments and rental price changes.
We believe our team is responsible for getting you the best tenants, the best rent, and the lowest vacancy, so much that we cover the cost if we don’t.
With a written contract at the agreed market rent, Guaranteed Rent benefits you during all stages of the property management process – buying, managing, upgrading and selling.
How Guaranteed helped our landlords
To date, LongView has guaranteed over $20m of rent for our clients. When Covid-19 brought about the biggest disruption to the Melbourne rental market, LongView’s Guaranteed Rent clients continued to receive their usual rent on the same day every month. At the same time thousands of other landlords were feeling the effects of sudden vacancies, rental price drops, and tenants who refused to pay and couldn’t be evicted.
LongView’s Guaranteed Rent
Finally, a solution to gain cashflow certainty.
It’s liberating to not have to rely on your tenants to pay their rent, or even pay part of their rent, on time and have you risk missing or delaying your mortgage repayments.
LongView’s Guaranteed Rent is the ultimate peace-of-mind service, and one which no other real estate agency in Melbourne will offer you.
Importantly, have certainty that your rent will be there on the same day, every month, no matter what — even when your property is vacant, or tenants don’t pay on time.
Guaranteed Rent in a snapshot
- Start getting paid in 10 business days from handing the keys to us. (T&Cs apply)
- Fixed income on the same day every month
- Receive income regardless of vacancy, late rent payments or if the property is leased lower than the agreed rent price
- No hidden fees
- We service all of Metro Melbourne, seven days a week