ResortBrokers Sunshine Coast team has racked up $44 million in Management Rights’ sales in the area in the past financial year alone, including a number of high-profile record deals.Brokers Glenn Millar and Chenoa Daniel sold 26 Management Rights – averaging one every two weeks – and the Sunshine Coast surge shows no signs of waning.Notable sales with total combined asset sales of $ 18,389,770 and total combined real estate (within the sales) – $6,100,000 include: Noosa Pacific – Prime Waterfront Resort – Noosaville51 units in complexSale Price $7,823m – record price for a manager’s unit and record multiplier for Noosaville Maison Noosa – Absolute BeachfrontRead More →

Contributed By: ARAMA on

United we stand, divided we fight! FOR everyone involved in the business of Management and Letting Rights an important maxim is to concentrate on the things that unite us, rather than those that divide us. Because most ARAMA members work and live on-site in close proximity, they are often the target of people’s frustrations, and it can be a very stressful environment. Resident managers are there to create harmony, and not disharmony, but neighbourhood battles can be so toxic that Queensland had to introduce the Neighbourhood Disputes (Dividing Fences and Trees) Act 2011. This was designed to overcome the increasing prevalence of neighbours in theRead More →

Contributed By: Matthew Savage - BCsystems on

With pandemic pet ownership at an all-time high, residential tenancy laws in Queensland are set to change on 1 October making it easier for rental property tenants to keep a pet. Changes that will, almost certainly, bring a flood of new pet applications to property managers.This guide, with particular focus on the impact of the new legislation to body corporate, is to assist our clients to manage the process, minimising disputes and any negative impact on landlords, property managers, and the body corporate committee.What does the legislation mean for landlords?Under the new legislation coming into effect on October 1, 2022:– Landlords will be unable toRead More →

Contributed By: Smiljan Jankovic - Archer Gowland Redshaw on

Whether you’ve newly purchased or have a well-established operation, preparing your Management Rights business for sale is an important scenario to consider in the back of your mind. It’s highly likely as a business owner, you will look to sell at some stage, therefore being informed about what you may need to prepare is an important step in the process. Preparing your Management Rights business for sale is not something that can be done overnight. It is a process that you need to be consciously thinking about from the very beginning when you have first purchased your business, and will often need to be re-evaluated.Read More →

Contributed By: Samara Bedwell - REIQ on

Each and every day we as property managers take on the task of ensuring that the properties we manage are fit and safe to live in for the tenants and to ensure minimal risk of liability for our lessors – very rarely do we stop to think about the safety of ourselves. As property managers, we’re responsible for assisting in the provision of a home for these tenants and therefore we become involved in the tenants’ everyday life in one way or another. We are collecting rent from the tenant so that they have a roof over their heads. We are also inspecting the premisesRead More →

Contributed By: TheOnsiteManager on Join us as we announce the 2022 winners of THE AWARDS. The industry excellence awards for service providers within the MLR Industry.We look forward to a sensational evening of fun and celebration as we acknowledge the service providers who gave their all and made our industry a strong, exciting and amazing field we all operate in.The evening will be hosted by accommodation and travel presenter, Cassandra Trezise with special appearances from… everyone in the industry. We hope you join us! Included: The evening will include open bar and delicious hot and cold canapes, awards ceremony, live music, and a whole lot of fun.Dress: Cocktail.Read More →

Contributed By: Liz Jordan - Resort Brokers on

There is $120 billion of accommodation assets under management, according to a management rights industry-first report, which values the management rights industry at $4.8 billion. ResortBrokers Management Rights Report 2022 shows there are 3,679 schemes nationally and 250,652 lots under the management rights model, with an average of 68 lots per scheme. Management rights is a business model that provides for the long-term operation of strata-titled complexes, where residential lots are owned by multiple owners with both similar and sometimes contrasting interests, such as investors and owner occupiers. It largely consists of two principal components, a caretaking agreement and a letting agreement. A caretaking agreementRead More →

Contributed By: TheOnsiteManager on

Nick Buick from TheOnsiteManager was honoured to be awarded the Service Provider Of The Year award at the ARAMA Top Awards at Brisbane City Hall on Tuesday Night 26th of July.  The award was presented by the Queensland Minister for Communities and Housing and Minister for the Arts and Digital Economy, The Honourable Leeanne Enoch and will take pride of place on the book shelf here at HQ. Receiving the award broke the 3 year winning streak held by the great and powerful John Mahoney and was a sincerely felt honour. TheOnsiteManager team would like to thank ARAMA for putting on such a wonderful event, theRead More →

Contributed By: Aon on

In a world where almost everything is paperless, keeping records and filing documentation is something that might slip your mind as you go about your usual business. While digitisation has made record keeping easier in some ways, it has also brought about some complexities. While there was a time when everything needed to be done in writing, nowadays a simple phone call can be enough to prompt action. Record keeping also goes beyond simply filing documentation. Think of all the ways you might interact with clients, whether that’s via phone, text, emails or in person. Good record keeping should encompass keeping details of all conversationsRead More →

Contributed By: Mike Phipps Finance on

Travel anxiety is the fear of visiting an unfamiliar place. It can also involve the stress that comes with planning your travels. Even if you have no history of anxiety, the idea of being outside familiar territory can throw you into panic mode. There’s a lot of life affirming stuff on social media these days. There’s also a stack of people leading us to believe they are leading fruitful and happy lives with not a care in the world. I contend that much of this has the potential to give us a warped view of the world and some unrealistic expectations. In fact, I thinkRead More →