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ARAMA (Page 2)

In: ARAMA, Facilities Management, General Interest, Landlords, Tenants, Renting and Management, Real Estate

Contributed By: ARAMA on

I’d like to remind ARAMA members again that the industry survey conducted by international accountancy group Deloitte demonstrated better returns for owners from properties managed under the Management & Letting Rights model. Overall, the survey responses indicated that a resident manager acting in the role of an on-site letting agent delivers a better weekly rental return than an outside agent. The Resident Manager also performs the caretaking functions in a more cost-effective manner when compared to other professional outside alternatives. The Deloitte Survey is available as a four page fact sheet to members from the ARAMA website library. One of the most striking outcomes fromRead More →

In: ARAMA, General Interest, Landlords, Tenants, Renting and Management, The Management Rights Market

Contributed By: ARAMA on

The greatest validation for long term agreements in the business of Management and Letting Rights (MLR) is that the vast majority of resident managers are granted top-ups – that is extensions on the term of their MLR agreements. Why? Because those resident managers make continual improvements to a scheme in a way that off-site managers could never achieve. Owners are happy to give resident managers these top-ups as a reward for their performance. There are great economic benefits to a scheme that has an on-site manager with a long-term agreement, and there are also benefits you cannot put a price on – the services thatRead More →

In: ARAMA, General Interest, Real Estate

Contributed By: ARAMA on

QUEENSLAND is besieged by a housing crisis and in desperate need of 55,000 new rental properties. The perfect formula to help alleviate this desperate situation is the business of Management and Letting Rights. I attended the Queensland Housing Summit on October 20, where one of the key messages was that it is high time to further encourage property developers, property investors and the property management industry. Developers and investors provide the necessary homes for people to live in, while it has been shown time and time again that Resident Managers make Community Title Schemes run more efficiently and provide housing that is far more affordableRead More →

In: ARAMA, General Interest

Contributed By: ARAMA on

ONE OF THE MOST IMPORTANT MAXIMS for anyone working in Management and Letting Rights is that to be in the hospitality industry you have to be hospitable – likewise to be in the service industry you have to provide good service. That’s the mantra of Michael Cross, who with his wife Karen, took out this year’s TOP Award as Building Managers of the Year for the amazing work they do at the Gold Coast’s Dorchester on The Beach. The Top Awards made for a phenomenal night with close to 300 guests sitting down to a gala dinner at the Brisbane City Hall – a beautiful location that looked absolutelyRead More →

In: ARAMA

Contributed By: ARAMA on

Truth, Transparency and Disclosure – our best weapons against fake news An attack on term is an attack on the entire Management & Letting Rights Industry! The management and letting rights industry is locked in a war in which we are being attacked by the deadly weapons of exaggeration, misinformation, lack of disclosure, hidden agendas, corporate greed a need to exert power over other people and fake news. A tiny vocal minority is making a lot of noise trying to persuade the Queensland Government to cut the term of a Management & Letting Rights agreement from 25 years to 3, or 5 or 10 dependingRead More →

In: ARAMA, Events

Contributed By: Trevor Rawnsley on

What a night, and what a history ARAMA has had over the last three decades! On May 20, more than 250 people gathered at The Glasshouse inside The Island hotel at Surfers Paradise to celebrate our association’s 30th birthday, and to honour all those who dug the well so that everyone in the industry could drink from it. It was May 20, 1992, when QRAMA – the Queensland Resident Accommodation Managers Association – was inaugurated on the Gold Coast. The association later became ARAMA, when the name “Queensland” was supplanted with “Australian” in line with our growth to other states and overseas. Our 30th birthdayRead More →

In: ARAMA, Facilities Management

Contributed By: ARAMA on

THE RECENT UNPRECEDENTED FLOODING across Queensland and New South Wales devastated areas of both states. The massive downpours created trauma and turmoil, but at least those properties with a resident manager were in capable hands. Sadly, resident managers have had to become really good at disaster management in recent years. No one knows a building or its occupants better than a resident manager, and they are always on the spot to deal with a crisis immediately. In the last few years, our ARAMA members have had to manage just about every kind of natural and economic disaster. Their effectiveness is one of the reasons thatRead More →

In: ARAMA, Landlords, Tenants, Renting and Management

Contributed By: Nick Buick on

A recurring theme I encounter from onsite managers is “How can I stop someone stealing listings from my letting pool?”. Well next week TheOnsiteManager and Letts Rebuild are teaming up with ARAMA to deliver a 1 hour webinar and Q&A session with some excellent strategies and advice on this very subject. Make sure you tune in you’ll definitely learn a few things! Register for the Webinar here: https://www.arama.com.au/_events.registration/step1/eventid/13335 – it is free for ARAMA members. We will also be posting the video afterwards here so keep an eye out for that if you miss it. Be sure to post any questions you may have onRead More →

In: ARAMA, Events, Facilities Management, General Interest, The Management Rights Market

Contributed By: Nick Buick on

I joined ARAMA about six months ago – the Australian Resident Accommodation Managers Association. I’ve attended plenty of events with them since then (See the events section on TheOnsiteManager now: https://theonsitemanager.com.au/news/event/ ), and am proud to support the industry association that supports our industry. It’s important. So important, in fact, that TheOnsiteManager have now purchased 20 x six month memberships (value $330+GST) for onsite managers to join ARAMA and we’re giving them away for free! All you need to do is register here ( https://theonsitemanager.typeform.com/to/hRovk8Mz ), pay for the other six months, and a yearly ARAMA membership is all yours! This offer is open toRead More →

In: ARAMA, Facilities Management, Motels and Hospitality

Contributed By: ARAMA on

If you came into the business of management and letting rights (MLR) because you saw an attractive balance sheet but have solely focused on the maintenance of gardens and not on the importance of marketing, then you have not set down the road for success. Our business is referred to as ‘Management and Letting Rights’ for a reason. That is the resident manager has a dual role as both a caretaking service provider and an onsite letting agent. This dual role  provides an opportunity to market services to a number of different target markets.   To define, a target market ‘is a group of existingRead More →

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