6 Comments

  1. Bronwyn Nichols
    April 6, 2020 @ 1:55 pm

    This is a great letter by Hampton Peters. I used to work as an approved Jenman Agent in Far North Queensland and I was very proud of being a Jenman agent as it set us apart and showed us to have morals, ethics and a ‘duty of care’ towards our clients. I loved my job and sometimes wish I was still doing it.
    This letter makes me proud of being a Jenman agent all over again. I dealt with Hampton Peters in Burnie in a search for an investment property a couple of months ago and the experience was totally professional in every way.
    I appreciate the way they showed that the ‘landlord’ can be receiving a much lower income than the tenant, which is true in a lot of cases. If the landlord does not pay the mortgage payment they get hit with a late payment fee – from $20 – $35 each time… on top of the mortgage payment which they still have to make. The tenant needs to think about that…If there were no landlords prepared to take on the sacrifice, discipline, cost and risk of purchasing a rental property and then the further worry associated with, “what if the tenant trashes the place?” where would the tenant live? It is much easier to be a tenant, I assure you!

    Reply

    • Mark Frith
      April 11, 2020 @ 1:56 pm

      A fantastic piece of work, but I must confess as someone who has been both an owner and lessee of rentals and a home mortgage and owner, have some questions about Bronwyns comments.
      Owners financial arrangements and late fees are surely not tenants concerns. There are advantages and disadvantages of renting just as there are buying your own home and blanket statements like “it’s easier being a tenant” are just not true in every situation.
      I was not aware canonisation or martyrisation were rewards of being an owner but given the “sacrifice, discipline, cost and risk” apparently involved owners should expect correspondence from the Vatican at any moment. It is folly to suggest owners would purchase rentals to their own detriment, there is obviously financial gain to be made. And as for risks of “the tenant trashing the place” well that is what landlord insurance is for and what my rental agent screens the tenants closely for.
      A balanced view is needed if the needs of both tenant and owner are to be met.

      Reply

  2. Chris M
    April 6, 2020 @ 4:18 pm

    I have not commented before, even though I have appreciated every news letter I have received from Neil. This post is a testament to the Jenman system and ,especially ,to the Agency that took the time to show us what all Real estate agencies should aspire to. The kindness and compassion shown was extremely heart warming and a credit to the Hampton Peters Agency. The views that you have expressed here gives me the assurance , we all need at this time, that this Pandemic, as bad as it could be, is showing good people shining thru the gloom and giving us the possibility of a better future.

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  3. Eric Blair
    April 6, 2020 @ 5:27 pm

    Appreciate that it’s a very problematic issue, but you still haven’t addressed the fundamental issue that if the tenant ceases to pay rent (for whatever reason – valid or otherwise), during the 6mth eviction moratorium – the landlord has close to zero chance of ever recouping these funds.
    Their needs to be some sort of formal scheme of arrangement for the loss of rent to be recouped.

    Reply

  4. John Clarke
    April 6, 2020 @ 8:45 pm

    It is good to see someone who has taken the time and effort to put a considered decent approach forward. Congratulations

    Reply

  5. Angela Cockburn
    May 11, 2020 @ 10:42 am

    Mark Froth seems to be under the impression that all landlords have bought a property especially for investment. In many cases the rental property has been inherited and a decision made to rent it out rather than sell. In others, it is the family home that is rented out, while the landlord is themselves renting somewhere smaller and cheaper. Some retirement villages, for example, have rental homes.

    Reply

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