THE team at Peter Bruhn & Associates do not sell properties so they can focus on what they do best: quality, sustainable and reliable property management.
“It is our choice not to have a sales team, settlement agent or other ‘related real estate’ departments in our business,” managing director and licensee Anita Walker said.
“This allows us to keep our eye on the ball and provide focused service for our clients.
“We also aims to be the property leasing company of choice for tenants.”
If an agency is connected with a sales department that relies on a database of properties to sell to get commissions, it can sometimes be against an agency’s interest to suggest an owner hold a property and wait for a change in the market.
Whereas as a landlord you might want to keep your property so that you can move back in later, or you may be holding it for development or be rent-vesting.
For these scenarios, it can be in your best interest to have a focused property management team, ensuring value for money maintenance, monitoring how the tenants look after the property and getting the best returns for you while it is being rented.
Peter Bruhn & Associates has been leasing properties for more than 20 years from the city to the coast, Ocean Reef to Cottesloe.
Peter stepped down as director and owner in May, passing the reigns over to long time employee Anita.
As an owner of multiple investment properties herself, she has a keen interest in the market and understands her clients’ needs.
The Bruhn family name has stayed on within the business, with previous director and licensee Chelsea Bruhn transitioning into office manager, a role where she can leverage her strengths and experience supporting business operations and coaching and developing the team.
A resident of Hillarys and Sorrento for more than 20 years, Chelsea has indepth knowledge and an affinity for the local northern suburbs area.
The rental market in the Perth metropolitan area has recently stabilised, with Reiwa’s most recent market update indicating that vacancy rates have been in decline during the past couple of years, with the vacancy rate in the September quarter of 2019 at 2.9 per cent.
“At that level we would normally expect to see rents begin to rise,” Reiwa president Damian Collins said in Reiwa’s third quarter 2019 market update.
“While that may be news that tenants do not want to hear, it should be remembered that Perth is currently the most affordable capital city to rent in the country.”
Anita believes it is an interesting time to be in the real estate industry, with many different views on the future of property for investment.
“One thing is for certain: after food and clothing, shelter is one of the staple requirements in life that everyone needs,” she said.
“Property is ingrained in Australian culture as a consistent and steady way to build wealth and lenders recognise it as secure collateral.”
At Peter Bruhn & Associates, the team pride themselves on service, integrity, competency and results.
They like to be compared because the difference is obvious.
If you have an investment property and want to know the realistic market rent, or just want to know what your potential rental return could be, call Peter Bruhn & Associates for a free comparable market analysis.
Refer a friend and if they decide to let the dedicated team manage their asset, you both win.