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Nick Buick (Page 9)

In: Landlords, Tenants, Renting and Management

Contributed By: Nick Buick on

Never before has technology taken such an invasive knife to our privacy. It’s a well known fact that our smart phones and appliances track our every move, search, and even our conversations and share this information with “private” corporations like Google, Amazon, Facebook and Apple. The ATO will now demand granular data on all trading information and use advanced data-matching to identify anomalies and trigger audits. Banks and financiers these days pick through bank statements with a fine-tooth comb and if they feel an applicant takes too many overseas holidays, or spends too much on cosmetic surgery, may decline to offer them finance. We haveRead More →

In: Landlords, Tenants, Renting and Management

Contributed By: Nick Buick on

“So, how’s your vacancy rates these days?” I asked a manager who I’d popped in to visit for a quick chat. “Great, we’re almost full, and our two bedders fill faster than we can list them!” “Oh that’s excellent” “It is” she continued before pausing “there’s just this one listing I’m having a really hard time shifting…” She went on to explain she’d had this unit sitting vacant for over a month, the owner wanted two thousand dollars a week in rent. It was in a great area, it was a penthouse, it had incredible views and a stunning private rooftop terrace, but even so…Read More →

In: Events

Contributed By: Nick Buick on

The date is fast approaching (November 22nd) for our second annual industry night: THE Industry Awards. Our managers are voting at a furious pace to nominate THE professionals across each category who have gone above-and-beyond in the last twelve months – their votes will determine who takes out the highly prestigious excellence awards this year. All of our sponsors: Complex External Cleaning, BCRC Engineers and RealEstate.com.au will all be at the lectern on the evening to announce the winners in each category: Finance, Accounting, Legal, Broking, Body Corp Management, and Relief Management. As an added twist on last year’s program, we’ve also included a managerRead More →

In: Motels and Hospitality, The Management Rights Market

Contributed By: Nick Buick on

Every single month an excess of thirty and up to forty thousand visits flow through TheOnsiteManager viewing Management Rights and Hospitality listings and this volume of traffic continues to grow year-on-year at a rate of more than 10%. In August this year, over 33,000 buyers came to TheOnsiteManager, by comparison, the nearest competitor achieved just 4,390 over the same period (we beat them by over 750%). Put simply, TheOnsiteManager will put your listing in front of more buyers in just 4 days, than the nearest competitor can hope to achieve in an entire month. As the number 1 portal in this industry, the traffic achievedRead More →

In: Events

Contributed By: Nick Buick on

Industry experts will provide a full industry overview covering Legal, Brokering, Finance, Accounting and more. Join us for an in-depth educational event on the Management Rights industry. Hear from Industry Experts including: Think Management Rights Narelle Filmer & Wayne & Linda Stoll Agents, First National Think Management Rights The team at Think Management Rights have been involved in the Management Rights Industry for over 20 years and have been brokering for the past 10 years as directors of their own agency. They have owned and operated a number of their own Management Rights businesses and understand the complexities of the industry. This team have soldRead More →

In: Body Corporate, Legal

Contributed By: John Punch of Short Punch & Greatorix Lawyers on

Lawyers acting for buyers of Management Rights are often faced with the task of trying to explain to their clients problems which they may face as a result of badly worded Caretaking and Letting Agreements.  Much of this could be avoided if developers and their advisers took more care in preparing these agreements. Developers have a golden opportunity to set up Management Rights in a way that will not create difficulties for building managers. The developer is in complete control of the Body Corporate at the time the original Caretaking and Letting Agreements are put in place.  Unfortunately where the developer’s lawyers are not managementRead More →

In: The Management Rights Market

Contributed By: FNX Finance Group on

Today we present the eighth in our series of analysis on the selling market for Management and Letting Rights (MLR).  We have been collating this data quarterly since June 2017 and the following is a broad summary;  ·      Stock levels have started to increase from May 2019.  ·       This has largely been in the permanents and student accommodation space, with holiday also increasing.·       The average listing period of all buildings has been 74 days in the last quarter.  With an additional 90-100 to complete settlement. Data source: TheOnsiteManager.com.au Market Snapshot – September 2019 ‘On the Market Analysis’ – Market Pulse Management Rights For Sale Letting Pool Coverage – proportion of theRead More →

In: The Management Rights Market

Contributed By: Nick Buick on

I sat at the meeting table, across from the principal of one of our longest serving broker firms. Faintly in the distance, I could hear a clock ticking. We’d both decided to skip the coffee as we’d both already drunk far too many that morning. I stared and him, and he stared at me… “Well” I began, “When marketing Management Rights on our portal, it’s really important you take advantage of all the feature listing allocations included with your broker plan.” “hmmm” he nodded sagely before pausing. He looked up at me from the table ”But why?” “Well…” I continued, ”because they are way moreRead More →

In: Landlords, Tenants, Renting and Management, Uncategorized

Contributed By: Nick Buick on

Realestate.com.au’s Rent Specialist, Kurtis Pirotta, sits down with a local tenant to discuss exactly how tenants are using their service these days to locate rentals from TheOnsiteManager. There’s a lot of great information here about how we can tailor our marketing strategy to capitalise on tenant search methods. Check it out!Read More →

In: Events, General Interest

Contributed By: Nick Buick on

After the runaway success (and promptly copied 😉) 2018 awards night – we’re thrilled to announce the official 2019 Industry Excellence Awards. The awards night will be November 22nd, at The Warehouse Function Centre in Fortitude Valley, an amazing multi-level function facility with a rooftop bar and space for 400 guests. We look forward to a sensational evening of fun and celebration as we acknowledge the service providers who gave their all in 2019 and made our industry a strong, exciting and amazing field in which to operate. As always, all winners are decided by the most nominations from our onsite managers – so rememberRead More →

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