Time-poor Sydneysiders are turning to renter’s agents to help them find a home in the tightest market in five years.
“It’s mainly time-poor people not wanting to attend inspections, not wanting to filter through all these properties, just wanting to give me a really good brief of what they want and for me to go out and source it for them,” Christianos said. The residential vacancy rate for Sydney dropped to 1.6 per cent in April, the lowest it has been since March 2017. In May 2020, in the middle of the first national lockdown for the COVID-19 pandemic, it was as high as 4 per cent as people moved house to gain more space or lifestyle benefits such as proximity to a beach.
“I always liken it to when people are looking for a job – they need to have a resume that stands out, or they work through a recruitment company that gives them an introduction.Don’t overpay just because you’ve had an application accepted. Check the rent is in line with market prices. “The stress is overwhelming – I can seriously nearly hear their shoulders dropping when I speak to them because they’ve got someone there to help them.”
niltiac Great idea helping people find a suitable place to rent
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