Why choose us to find and place your corporate tenant?
We know corporate
Over the last 18 years we have built strong relationships with recognised relocation companies as well as large international companies based in Sandton. As a result, we have become the preferred corporate rental agents in the area.
Exceptional agents
Our impeccable track record is both a reflection of the calibre of estate agent employed at Etchells and Young, and a mark of the kind of corporate clients we successfully source and place in our Investors corporate properties.
HOW WE DO IT SO WELL
18 Years rental experience
Expert rental management
Extensive marketing
Dedicated corporate rental agents
Strong relationships with recognised relocation agencies
What you can expect from our
corporate rental division
corporate rentals
Our corporate rental agents pride themselves on being market leaders; boasting in-depth, area-specific market knowledge, a client-centred attitude and a "seal the deal" mentality. Your agent will guide you through the process of placing a corporate tenant in your property.
Attracting and
retaining corporate tenants.
corporate rentals
Attracting and retaining corporate professionals is largely dependent on creating and maintaining a high level of comfort and luxury that complement their sophisticated lifestyles. Your agent will advise you of the requirements and specifications that need to be met when renting a furnished corporate property.
The art of renting
corporate property.
corporate rentals
With more than a decade of experience, our dedicated and highly crafted corporate rental agents understand the complexities of renting luxury and investment property. All the negotiations between yourself and the relevant parties will be co-ordinated by them.
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THE corporate landlord guide
Defining a corporate tenant
A true corporate tenancy describes a corporate entity that pays the full monthly rental on behalf of its executive employee, guaranteeing the rental payment for the duration of the lease agreement.
There are a few very distinct benefits to owning and renting out furnished, corporate property. The top three benefits include higher rental income, potentially longer lease periods and high end quality tenants.
As a recognised leader in our field, we have compiled a comprehensive inventory detailing what we believe to be the most useful information for landlords who wish to rent their properties to corporate tenants.
At Etchells & Young, we understand the importance of creating an impactful first impression. Quality assets/images, HD videos & Virtual Tours attract high profile professionals to corporate rental listings.
How we screen potential tenants (individuals and companies) to ensure that your property is well looked after and rent is consistently paid in full and on time every month.
Etchells & Young provide a legally binding, 100% fully compliant lease agreement which has been drafted with the landlords best interests at heart. Typical questions asked by landlords and the answers thereto.
A true corporate tenancy describes a corporate entity that pays the full monthly rental on behalf of its executive employee, guaranteeing the rental payment for the duration of the lease agreement. The lease agreement is drawn up in the company’s name (the tenant), rather than the occupant’s name (the corporate individual residing in the property).
However, the term ‘corporate client’ has become synonymous with high-profile professionals from esteemed companies with generous budgets, looking to rent prime property within or surrounding a city’s business metro. In this case, the corporate executive will cover the cost of their tenancy themselves, having the financial means and employment security to comfortably do so.
Attracting and retaining corporate professionals is largely dependent on creating and maintaining a high level of comfort and luxury that complement their sophisticated lifestyles and provide a welcome reprieve from their demanding work commitments.
Corporate Landlord Guide
The benefits explained
Higher rental income
While competitively pricing your property is imperative for the longevity of your corporate investment, corporate rentals do fall in the high-end residential bracket. This means that landlords reap the benefits of higher rentals, which may translate to higher rental returns if managed effectively.
Longer lease period
In terms of a true corporate tenancy, where the executive employee has relocated to an area for work purposes on a fixed-term basis, the corporate entity pays the rental installments for the duration of the lease agreement. In many cases, corporate professionals are posted to the new city on long-term contracts of one-five years, providing the security of uninterrupted rental payments.
High calibre tenant
Corporate clients are professionals who reflect and are held accountable to their company's ideals and value systems. However, corporate tenants have justifiably high standards when it comes to how a corporate rental property is furnished and maintained during their tenancy. Quality tenants expect quality service.
Corporate Landlord Guide
Corporate inventory
Corporate rental expectations
High-calibre corporate executives expect a corporate rental property to meet certain justifiably high criteria with regards to the quality of fittings and furnishings. The property should be aesthetically appealing, well maintained and conveniently located close to JHB’s corporate hub – Sandton.
Furnishing the property
New or modern furniture
Two sets of linen per bed
Two sets of towels (hand, bath, bath sheet and face cloth)
Two sets of bathroom mats for each bathroom
All crockery and cutlery provided
Appliances, vacuum cleaners, irons, ironing boards etc.
General condition of the property
Clean cupboards and drawers
Professionally cleaned carpets
Clean curtains and blinds, clean walls, windows and window panes.
Bath and shower taps should be in good working order
Showers should have a strong adjustable flow of water
Showers should have doors, shower curtains are not acceptable
Security
24-Hour guard and access control
Alarm system and burglar bars (at the bare minimum), CCTV, electric fencing, armed response
Complete list of security procedures and emergency contact numbers, instruction manuals, panic buttons and codes
Other
All keys marked and remotes in good working order
In the case of a generator or inverter, the instruction manual is provided.
At least once weekly domestic, garden service and pool services
Electronic appliances
Flat screen TV and instruction manuals
DSTV with multi channels
WIFI with high speed option
Appearance of the building
Safe, well-maintained and tidy grounds and buildings.
Clearly designated, well-lit and tidy parking areas.
Corporate Landlord Guide
Finding the ideal tenant
Marketing our corporate listings
At Etchells & Young, we understand the importance of creating an impactful first impression. Quality assets/images and the latest HD video software attract high profile professionals to corporate rental listings. Our agents have been trained by a professional photographer to ensure your property stands the best chance of attracting the right kind of corporate attention.
NOTE: Our corporate rental agents work closely with some of SA’s top relocation consultants and corporate business giants to ensure we consistently provide landlords with a selection of high-calibre rental applicants.
Extensive exposure
Etchells & Young attract high-quality tenants by leveraging digital marketing to successfully promote and present our corporate rental properties to the correct target audience. Our properties are listed on SA’s top property portals, as well as our own website and social media pages. We offer extensive exposure across various traditional and digital platforms to target this highly specific and sought-after segment of the rental market.
Pricing your corporate rental correctly aids in sourcing and placing your ideal tenant in the shortest time possible.
Corporate rentals fall in the high end residential bracket – a segment of the market that has, until recently, under-performed when compared with the lower and middle price bands.
In recent months, the luxury market has seen demand for property in the higher price brackets outperform expectations – good news for corporate investors! Factors such as location, proximity to local amenities and the availability of exclusive on-site facilities, quality of furnishings, security, age, size and layout have an effect on rental demand and therefore, the rental price.
Our corporate agents are experts in their areas and are fully equipped to provide a competitive, market-related rental price for your property.
Our applications department complete a comprehensive credit bureau and criminal check using TPN (Tenant Profile Network), with access to the tenant's profile and rental payment patterns.
Confirm tenant's employment
Employment confirmation with the tenants employer via telephone to ensure we are speaking to a real company. Our applications team is trained in identifying fraudulent applications.
Verify tenant's salary
Verification of salary via the employer’s HR Dept to ensure that the information the tenant has provided in their application is correct, as well as to ensure their affordability.
Verify the tenant's bank account
Verify the bank account number provided with the banking institution. Our application specialist scrutinises the tenant's spending habits to ensure that the tenant will comfortably be able to afford the monthly rental, and that past rental payments have been paid in full from his bank account.
Obtain landlord references
Obtain tenant references from current or previous landlord, and inquire specifically about prompt rental payment and if the tenant looked after the property.
Why Etchells & Young
You are entrusting your entire property asset to the tenant. At Etchells & Young our dedicated applications department applies strict screening criteria to ensure we place a qualified, paying tenant in your property.
Blue Chip and Pty Ltd Companies
Blue Chip companies
Blue-Chip companies are stable, well-recognised and financially sound multinational entities listed on the JSE. These industry giants have built reputable brands over a number of years selling high quality products and services, and as such, continue to operate profitably despite economic downturns. Our Applications Department confirm that the company is listed on the JSE or other recognised stock exchange and request the requisite letter of intent from the company's HR Dept.
Pty Ltd companies
For smaller, privately-owned companies signing on behalf of an employee, our Applications Department request copies of the company assets, company financials and trading history, as well as trade references. The directors may also be asked to sign surety if the trade references/history is limited.In all respects, our stringent processes and strict screening criteria ensure we place qualified, paying high profile professionals from esteemed companies in your property.
Corporate Landlord Guide
FAQ'S answered
Does my property need to be furnished?
Do I need to upgrade my security for a corporate tenant?
Does my property need to be situated in Sandton?
Who is the Tenant? The Company or the Occupant?
What is a reasonable deposit for a corporate rental property?
What is the rental deposit used for?
Does Etchells & Young provide a Lease Agreement?
What happens if the Tenant does not pay and refuses to vacate?
Can the lease be cancelled if the Tenant fails to pay the rent?
Why should I let Etchells & Young manage my corporate property?
Why do I have to pay for maintenance?
LIST YOUR corporate PROPERTY
Our corporate rental agents are experts in their field and focus on giving exceptional service to their clients. They are fully equipped to find the right tenant for your property.
