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July 2017

You are browsing the site archives for July 2017.

In: Landlords, Tenants, Renting and Management

Contributed By: Lauren Kropp, Real Strategix on

Unfortunately, in this day and age, it is almost necessary for a Property Manager or leasing consultant to complete a course in self-defence along with their registration. I began asking Property Managers if any have had scary encounters whilst at a tenant’s premises.  Statistically speaking, 1 in 5 had some sort of scare.  I personally, have been pushed against a wall, whilst carrying out an exit inspection, by the outgoing tenant.  This drew me to the conclusion to NEVER agree to conduct the inspection with them present. Routine inspections, if carried out correctly, should be fairly straight forward and the tenant should, in most instances,Read More →

In: General Interest, Landlords, Tenants, Renting and Management

Contributed By: TheOnsiteManager on

A tragic shooting yesterday left 2 female property managers dead and a third male property manager in hospital in a stable condition. The shooting occurred in a rural property where the managers were understood to be conducting a standard tenancy inspection. The tenant is believed to have opened fire on the property managers at the home killing two and injuring a third. Detective Inspector Dene Begbie of Northland Police said roads around the area were cordoned and the suburb was in lock-down as a major police operation was launched when the gunshots were reported at around 11am local time on Wednesday, July 26th. Responding officers wereRead More →

In: Landlords, Tenants, Renting and Management

Contributed By: RealEstate.com.au on

Realestate.com.au recently put together an interesting resource guiding agents on marketing listings on their website. It covers the following points: Photography 76% of consumers on realestate.com.au told us that professional photography helps a listing stand out* Best image first, most frequented rooms next Consider the order of images: Living spaces Kitchen Bathroom Bedrooms Outdoor space Add your market’s lifestyle element. Think location, shopping, entertainment, schooling and transport Don’t skimp on imagery because it’s a rental Reuse professional photos when reletting or selling *Source: Residential Consumer Omnibus, July 2016 Hero Image First impressions count so feature the best image first Drawcard or not, external shots showRead More →

In: Body Corporate, General Interest

Contributed By: Jeremy Festa of Rochele on

Many people believe the main reason we re-paint body corporate buildings is to protect them from the elements. However this is not necessarily true. Apart from sealing certain aspects, such as metal balustrade where we paint in order to deter rust, or ensure natural timber is kept moist through oiling or staining, the real reason we re-paint any building, is to enhance its visual appeal. The built environment and architecture in general plays a huge role in affecting people’s moods. So when it comes to the health and happiness of a body corporate community, a good looking and clean building plays an integral role. EXTERIORRead More →

In: General Interest, Motels and Hospitality, The Management Rights Market

Contributed By: Nick Buick on

Resort Brokers Australia has added two new brokers to its Queensland ranks, taking the agency’s growing national network of specialist brokers to 37. The two latest appointments, Todd Warner on the Gold Coast and Arron Bailey on the Sunshine Coast, follow significant recent expansion moves in Victoria and South Australia. Catering for management rights demand growth on the Gold Coast and Sunshine Coast, Resort Brokers has welcomed two sales professionals from former senior management roles with the world’s largest family-owned spirits company, Bacardi Martini Australia. Todd Warner, an experienced sales professional with a proven track record of leadership in the liquor and construction industries over some 25 years, will handle managementRead More →

In: Body Corporate, Legal

Contributed By: Grant Mifsud of Archers the Strata Professionals on

Following on from the Queensland University of Technology (QUT) recommendations released in February 2017, a further 64 “final” recommendations have been released in a recent announcement made by Attorney-General and Minister for Justice and Minister for Training and Skills, The Honourable Yvette D’Ath. The report focuses on procedural issues under the Body Corporate and Community Management Act 1997. Of the 64 recommendations, 21 suggest that no changes! To give you an indication of the actual changes recommended, we have summarised these into procedural areas of General Meetings, Committees, Notices, Disputes and General. Highlights of the General Meeting changes focus on deemed service of notices taking into account postage, practical waysRead More →

In: Body Corporate

Contributed By: Matthew Lycakis from ThyssenKrupp Elevator Australia on

One of the most important things for the owner of a premises with a lift is ensuring the lift has been registered with WorkCover. The responsibility for registration falls upon the owners of the lift. This can cause some confusion with owners as it is mistakenly believed that the lift service provider registers the lift. Unfortunately, lift service providers are unable to do this as we only provide our services to maintain lifts, but, do not own the equipment. To assist owners with the registration process, we are pleased to provide some important information about registering your plant. The below information is for registering liftRead More →

In: General Interest, The Management Rights Market

Contributed By: Management Rights Sales on

MR Sales are pleased to welcome two new members to their team of experienced brokers in Brisbane. Tony Mancuso and Lyn Pearsall will be joining Greg Jorgensen in Brisbane listing and selling management rights. With 25 years in the Brisbane building industry, as both a builder and developer, Tony Mancuso was heavily involved in the establishment of body corporate schemes and community management scheme statements. Tony also has a financial interest in two manufactured home parks in Victoria and New South Wales, giving him a grass roots understanding of the industry. Tony has been involved in the management rights industry for over 10 years havingRead More →

In: Accounting and Finance, The Management Rights Market

Contributed By: Mike Phipps Finance on

In August last year we published an article contemplating credit challenges ahead.  I point this out with no great delight because, for once, it seems we had it right.  Drop me a line if you want a copy of the original article, it’s on our web site. Anyway, one of the key points I raised a year ago was the expected pressure on lenders to reduce interest only lending. That prediction has most certainly come home to roost.  In the past few months we have seen a range of major and second tier lenders bring in restrictive lending standards for interest only property finance andRead More →

In: Landlords, Tenants, Renting and Management

Contributed By: TheOnsiteManager.com.au on

Smoke alarms have a lifespan of just 10 years. Do you know when the smoke alarms in your complex expire? What are the consequences of not replacing expired smoke alarms? As part of our series on smoke alarm compliance for property managers, we will answer these questions. Some smoke alarms do not have an obvious “expiry date”. For example, the smoke alarm (on the left) has a manufacture date of 30th March 2017, hence the replacement of the alarm needs to occur on or before 30th of March 2027. Other alarms are much clearer and state “Replace by X date” or similar. Please note that alarms should be replaced before they expire. If a smokeRead More →

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