An appraisal is supposed to tell you what your rental will actually rent for. Somewhere along the way, a few property managers decided it works better as a pitch.
It’s an old trick. Appraise high, win the listing, then quietly walk the number back once the property’s actually on the market.
Dont fall for the oldest trick in the book
You get an appraisal that sounds better than the others. You sign. Then the listing sits, open homes go quiet, and eventually someone suggests dropping the rent, just to get some interest.
By then you’ve already committed. Most owners put the shortfall down to a slow market, not the number that got them through the door in the first place.
Numbers built on stats, not hope
Every appraisal we provide at Rentsmart is built from what’s actually renting in that area, not what we’d like it to rent for.
Based on comparable rentals in your specific area, not the wider region
Built from real achieved rents, not just what’s listed
Filtered by district and suburb, so you’re compared fairly
Reflects what’s happening in the market right now, not last year’s figures
Why owners stay anyway
Even when the appraisal turns out to be wishful thinking, most owners don’t switch. Changing property managers feels like a hassle, so the shortfall just becomes the new normal.
It doesn’t have to be. Moving your property across is far less admin than people expect, and if your current rent doesn’t match what you were promised, that’s worth a second look.
Passionate about property from a young age, Sam purchased his first rental property at 18. Since then he has been involved in a wide range of projects from renovations, subdivisions, relocatable homes and new builds. Still an active investor Sam is always looking for the next opportunity.
Monthly rental stats, regulation updates and management insight from the people looking after properties every day. Written by our managers, not a marketing team.
Rentsmart services are second to none. They have made the whole process seamless. Great communication, detailed inspections and they always find great tenants. We are now in our 3rd year and could not be happier.
Mike Christie
We've been renting through Rentsmart for over a year and they are absolutely awesome. A great mixture of friendly and professional. They always reply quickly and let us know what's happening asap 😊
Jo Brydon
Rentsmart have been looking after our Hastings property since April 2022 and have been organised and professional making the process easy living overseas.
Angus McGuire
Ruth from Rent Smart has been our Property Manager for 3years. Ruth's communication has been exceptional. Following through on getting things replaced if needed & making sure Tenants & Landlords are happy. I do hope we can continue to employ this great lady.
Ally
Nikki looks after our rental property like it’s her own. I have dealt with a few rental agents over the years but this agency is easily the best I have had the pleasure of using. Nothing is a problem and our investment is looked after properly. A+
Steve Dunne
Rentsmart are a great management team. Nikki has been amazing to work with and always goes above and beyond! Her communication is first class and we have loved having her managing our rentals. Her experience and expertise in the rental industry makes us feel so much more comfortable about our investments.
Amy Little
Thanks once again for a well-managed year. We sleep easily, knowing that she has great rapport with our tenants, and has our properties under control. Have a fab Christmas, and a well deserved break!
Diane McKelvie
We have found Rentsmart such an easy company to get on with. Any hiccups are readily sorted, communication is easy and clear and our property manager is ready and willing to help resolve whatever is needed. If we have to move we would definitely choose them again in a heartbeat.
David
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Book a discovery session with one of our team today. No obligation, just a friendly chat.