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October 2020

You are browsing the site archives for October 2020.

In: Uncategorized

Contributed By: Mike Phipps Finance on

Before we begin……………… To pull a rabbit from a hat. “to do something very clever and unexpected that solves a problem.” To get one’s ducks in a row “to ensure all of the small details or elements are accounted for and in their proper positions before embarking on a new project. In written form, most believe the term originated in the 1970’s. But at least one article has been found where the term was used as early as 1932.” What strange days these are.  Not that long back our business was booming, and new loan approvals came thick and fast.  In fact, the loan approval was scarcelyRead More →

In: The Management Rights Market, Uncategorized

Contributed By: Nick Buick on

I recently I came across this rather awesome Management Rights marketing video put together by Tim Crooks and Alex Cook from Resort Brokers. This is definitely one of the best MR Videos I’ve ever seen. Beautifully shot and art directed and just a little bit quirky, as you’d expect from these guys. …oh, it’s a pretty good listing too. Having actually lived next door to the Hendra complex I watched it being developed with enthusiasm and it’s an absolutely stunning property, so don’t forget to reach out to Tim or Alex if you’d like more information – see the link here: https://www.theonsitemanager.com.au/permanent-management-rights/BrisbaneCity-QLD-21067390 … But also,Read More →

In: Uncategorized

Contributed By: Nick Buick on

Yesterday we were thrilled to co-host the manager’s social Burger and Bowls Day at The Boo in Newstead with our friends from Resort Brokers. We had 106 managers RSVP which was a great number. It was wonderful to see so many of our managers come along, particularly many I’d never met before in person. We had lots of laughs, a fair bit of beer, and even some bowling. Thanks so much to Resort Brokers for putting on the day, in particular Marissa, Caitlin and Gareth.Read More →

In: Accounting and Finance

Contributed By: Mike Phipps Finance on

Maximising Your Price and Minimising Stress When listing your management rights for sale it is important to appreciate that much of the information you provide will ultimately inform buyer offers and support a bank finance application. The more accurate and complete the information provided from the outset the more confident a buyer can be and the less chance of challenges as the process unfolds. The maxim in valuation has always been certainty = value, so it stands to reason that accurate and detailed listing information will attract the most appealing offers. In our business we use the listing information to pre-qualify buyers so any errorsRead More →

In: Real Estate

Contributed By: Nick Buick on

We have received a lot of feedback recently from our managers that Premier Sales Upgrades on RealEstate.com.au are very expensive (well, yes, no kidding!). There’s 4 reasons for this: Firstly, yes, Premier upgrades are the top level of upgrade and so they command a top level price. This can be problematic when you’re an onsite manager selling low-cost product like half million dollar apartments and competing with agents selling five million dollar houses. Secondly, a lot of franchise agents are on Premier All plans. These make premier listings orders-of-magnitude cheaper for such agents – and again when they are raking in fifty grand in commissionRead More →

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