General Interest

Contributed By: Mike Phipps Finance on

The Managing Director and I recently returned from a sojourn to Canada and Alaska. Our mission, as I’m sure some of you will appreciate, was to use some Covid cancellation credits and continue our plan to spend every last cent before we fall off the twig. Hmmm, Covid credits. Whatever happened to Covid? We seem to have gone from being locked in our houses clinging to our last square of toilet paper with the stormtroopers outside to no longer being too worried about the dreaded plague. Talk about mass hysteria. Might be lessons in all that for the current wailing over other expected catastrophic crises,Read More →

ResortBrokers has set a new record for a management rights business on the Sunshine Coast with the sale of luxury resort Oceans Mooloolaba Beach for $11.2M. The sale smashes the previous Sunshine Coast management rights record of $8.06M set in February 2022 for the 21-apartment On the Beach in Noosa’s Hastings Street. ResortBrokers’ Sunshine Coast team, Glenn Millar and Chenoa Daniel, settled the sale earlier this week. The off-market deal sees the management rights change hands from vendors Vince and Sue Galle to Prestige Residential, led by Ben Orton, which also operates the management rights to On the Beach and Tingirana in Noosa Heads asRead More →

Contributed By: Mike Phipps Finance on

As I sit here in an airport lounge contemplating the meaning of life my thoughts turn to our national carrier, the flying kangaroo, the displayer of the Yes, the virtue signalling disgrace now facing multiple client lawsuits, to say nothing of the action commenced by the ACCC. All this before we even start to contemplate the cosy arrangements between government and Qantas to freeze a competitor out of the game and assist in customers being ripped off, cheated and treated appallingly. The latest accusations of Qantas selling tickets on cancelled flights sounds a lot like the “advice for no service” accusations aired during the bankingRead More →

Contributed By: ARAMA on

A TOP night of worthy winners THE MANAGEMENT AND LETTING RIGHTS INDUSTRY is built on a foundation of hospitable and well organised resident managers whose hard work creates a $55 billion yearly economic benefit for Australia. So many people right across our business deserve accolades and on July 25 at Brisbane’s fabulous Royal International Convention Centre the most outstanding achievers in the MLR field were honoured at our annual TOP awards. It was a magnificent evening as our industry celebrated great success borne from determination and diligence. The night honoured the best of the best in our business, and the work displayed by all of our winnersRead More →

ResortBrokers Director Alex Cook and Brisbane Broker Jeff Keast recently settled their sale of the management rights of Annexe Apartments for $8.3 million. The sale of the 81-apartment complex in the inner Brisbane suburb of Bowen Hills was the first large, short-let management rights to settle in the Queensland capital since Covid. The sale eclipsed ResortBrokers’ previous post-Covid management rights record of the 46-unit Manor Apartments Hotel in Queen St that sold for $6.3 million. A ResortBrokers Director since 2018, Cook specialises in large management rights transactions nationwide, particularly large, short-stay and off-the-plan developments. His previous landmark management rights deals include the sale of SoulRead More →

Contributed By: Mike Phipps Finance on

As some of you will know I’m a bit of a music nut. I find lyrics interesting and often ponder the meaning in popular songs. I’m also fascinated by the influence of love found and lost in modern music. I bet if you were forced to listen to only songs that didn’t mention love, relationships, heartache etc you’d soon get very sick of Midnight Oil preaching to you. Don’t get me wrong, a red hot band no doubt and a bit of preaching never hurt I guess. Maybe just dialled down a notch or two. Anyway, I’ve got the headphones on with songs of loveRead More →

Contributed By: ARAMA on

ARAMA’S Top Awards are a showcase of everything that we love about Management and Letting Rights. This year’s awards will take place at a gala function on July 25 at Brisbane’s Royal International Convention Centre and will highlight the outstanding work that resident managers are doing on behalf of owners, bodies corporate and residents. All the finalists exhibit the marvellous traits that go into building a successful MLR business – they all know that first and foremost they are working in a service industry, and they are providing benefits to their clients that go above and beyond what is expected of them. This month I’dRead More →

The Federal Government’s latest thought bubble to propose national caps on rent increases to once every two years is economic lunacy, according to the Real Estate Institute of Queensland (REIQ). REIQ CEO Antonia Mercorella said it was imperative that state and territory governments weighed up the strain on both sides of the rental ledger and considered the broader economic context at the National Cabinet meeting in Brisbane next week. “We understand the community concern about rents rising at a much faster pace than we have historically experienced,” Ms Mercorella said. “In the decade prior to the pandemic, when we had healthier levels of supply, weRead More →

Contributed By: John Miller, Resort Brokers on

ResortBrokers Chairman Ian Crooks and Director Alex Cook honoured by ARAMA on the management rights industry’s night of nights ResortBrokers’ Founder and Chairman Ian Crooks was awarded ARAMA’s highest honour of Life Member at the 2023 ARAMA TOP Awards Presentation & Dinner, the management rights industry body’s annual awards ceremony, held on 25 July. ARAMA is the peak industry membership body for management and letting rights in Australia. Induction as an ARAMA Life Member is regarded as the body’s highest level of recognition. It is awarded to individuals who have a lengthy and distinguished period of dedicated service, and outstanding overall contribution to ARAMA andRead More →

Contributed By: REIQ on

The REIQ Sales Conference equips agents with everything they need to succeed! Our expert speakers and panellists will help you take your career and business to the next level with insights into securing more listings and increasing sales in a challenging market. Our superstar keynote speaker Lauren Clemett has helped launch hundreds of global brands and will give you valuable advice on how to cut through the noise of an overcrowded market, get noticed and generate more leads. A standout line-up of presenters will give you practical information on everything from changing market conditions and digital marketing to technology and performance management plus more –Read More →