General Interest (Page 15)

The record sale by Resort Brokers Australia of the $600m ‘FV’ by Gurner management rights to Mantra Group has capped a run of chart-topping sales for the growing national accommodation property specialist. With 970 apartments plus commercial and leisure facilities spanning three landmark towers underway by Gurner in Brisbane’s Fortitude Valley, FV is the largest management rights ever sold off-the-plan in Australia. The sale was handled by Resort Brokers’ national sales manager, Trudy Crooks, and her brother, off-the-plan specialist, Tim Crooks.  They said it was an outstanding result and a win-win-win for everyone, particularly for FV apartment owners who will have such a quality, experiencedRead More →

Conventional wisdom in the real estate industry has always purported there are really only 2 property portals that ‘matter’: RealEstate.com.au and Domain.com.au. According to Roy Morgan, RealEstate.com.au enjoys 4.5M visitors per month, nationally, with 3.2M using Domain.com.au. Of that 3.2M Domain users, 2.2M use both Realestate.com.au and Domain.com.au. Michele Levine – CEO, Roy Morgan Research, says: “Of the one million people who access Domain and not Realestate.com.au in a four-week period, over 30% are Mid-Life Households, aged 45-65 with no children under 16 still at home. For Realestate.com.au, a similar proportion of its 2.3 million exclusive audience is Young Parents, aged under 45 and with kids. So this meansRead More →

Contributed By: TheOnsiteManager on

Our friends at Resort Brokers invited me along to their industry seminar last night. They had guest speakers from Urbis and Bambrick Media and plenty of managers were in attendance. Was a great night, highly informative. Urbis presented first and had some interesting information and data analysis in relation to development through the CBD. The short of it was: Yes, lots of buildings have been completed recently, yes, downward pressure had been placed on rentals… but vacancy rates on new stock are still only at 1.6%, and new projects being completed have fallen off sharply with the remaining to be completed representing a much smallerRead More →

Contributed By: Mike Phipps Finance on

  “When America sneezes the world catches cold”.  A cliché perhaps but with some truth behind it I suspect. Consider this : The United States is the world’s largest national economy in nominal terms and second largest according to purchasing power parity (PPP), representing 22% of nominal global GDP and 17% of gross world product (GWP). The United States’ GDP was estimated to be $17.914 trillion as of Q2 2015. Australia’s top 3 two way trading partners are China, Japan and The USA. China is the world’s largest export economy and the USA and Japan are two of China’s top 3 trading partners. Anyway, on to thisRead More →

Many residential property managers have told us they simply want a property management system that does all the things they need, without the expensive price tag. Why pay for things you never use, right? At HiRUM we value industry feedback, this is why we developed HiRUM Front Desk for Residential. This provides residential property managers, or those with a rent roll, with all the essential tools they need to manage their business. From full trust accounting, to comprehensive office tools including integrated RTA forms1, we definitely have your needs covered. With NO Monthly fees and a very low one-off fee for set-up & training youRead More →

Contributed By: Real Strategix on

I am going to touch on a subject that relates to everyone on a daily basis. As business owners, do we name and shame customers that cost us money? I don’t care what business you operate. I guarantee all of you have at least one customer who believes they are better than you and everyone else. That one customer will simply refuse to pay for services/products rendered. We have quite a few! It is very hard to sit back and watch while they keep trading with their big franchise name knowing that the smaller operators cannot afford the legal fees or resources to fight them. It isRead More →

Contributed By: Hynes Legal on

It’s over. The longest running (and most expensive) dispute over a deck in Australia has been decided by the High Court.  There are no appeals from there so we now have the definitive statement on what a body corporate’s decision making obligations are based on. Round one went to the deck owner (Commissioner’s Office) Round two went to the complaining owners (QCAT) Round three went to the deck owner (Qld Supreme Court) We wrote an article after the Supreme Court decision here. The opponents to the deck won. The smartest group of lawyers in the country (being the High Court) has decided that the oppositionRead More →

Contributed By: Nick Buick on

September 1st 2016 saw us launch the new site interface. The objective was to ensure content and advertising was more integrated so the site flowed better, and also ensure we had better support for mobile devices. Ensuring less pitfalls for our managers was also a big priority, so we now screen uploaded images to check they are named correctly, inspection times can now be added using an html5 calendar widget, and images are uploaded in sequence now so corrupt files are easier to spot. Other enhancements include the ability for Brokers to buy more featured listing credits as they need them. PDF brochures can nowRead More →

Fill It For Fiji

Contributed By: Real Strategix on

As you know a couple of months ago when Fiji was hit with that terrible cyclone Real Strategix and La Grande Apartments arranged a joint venture to supply items via shipping container to Fiji.  We are pleased to advise the container has arrived and all of you that donated have brought so much joy and assistance to the beautiful people of Fiji.  Here are a few photos. Unloading the items Crossing flood waters Toki Village devastation Yacata IslandRead More →

Contributed By: Peter Hawtin on

This is not an introduction. It is the actual first half-day of our 2-day training. The actual value is $495 (JUST $49). This workshop is exclusively available to onsite managers and will give you the tools to create wealth through a Management Rights business, achieve a generous cash flow & have the free time & flexibility to enjoy a balanced lifestyle. WE’LL COVER: Dealing with ‘Outside Agents’ Navigating ‘Body Corporates’ Running a ‘Proactive’ Business VS a ‘Reactive’ Business Getting that Work Life Balance Building your ‘Rent Roll’ Streamlining the ‘Property Management Process’ Earning Additional income Maximising your fees Dealing with the 5 key ‘Objections’ Managing Owners & Tenants with EASE PreventingRead More →

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