Landlords, Tenants, Renting and Management

Information about renting units

Contributed By: Nick Buick on

With alarming frequency, I hear from managers asking me how they can stop or reduce the ‘excessively large’ number of applications they are receiving. This is a truly staggering and perplexing sentiment. To be clear: There is no such thing as ‘too many applications’. The job of a real estate agent / letting manager (or any business operator for that matter) is to correctly price and present stock such that the supply of stock available is equalized against its demand. This is absolutely basic economics and should be the first thing every licenced agent learns in day 1 of their licence training. It certainly wasRead More →

Contributed By: Nick Buick on

Editor: This article is discussing the South East Queensland rental market, in particular. Market conditions in other regions may differ. The rental market is PUMPING right now. I know this because my managers are complaining to me they’re getting too many enquiries to keep up. Prospective tenants are complaining to me no one is returning their calls or emails (again, because managers claim they don’t have time to do so). For the first time in our agency’s history, we’re struggling to meet our contractual obligation with RealEstate.com.au for rental upgrades. We normally hit our quarterly rental upgrade obligations within the first 2 weeks of the quarter.Read More →

I’ve owned and managed holiday rentals for several years now, and one thing that has always concerned me is the prospect of dirty greasy nasty little hooligans renting a property and turning it into a party house. The risks of such an incident are obvious: Property damage, noise complaints, theft, fights and assaults, and possibly even local council issues. Here’s the steps I’ve taken to greatly reduce these risks to almost zero! Property Descriptions Pay attention to how you’re presenting your holiday accommodation in your marketing. I always make an effort to clearly state in the marketing that the property is not a party house,Read More →

We’ve teamed up with Little Hinges to deliver a truly remarkable new service for *EVERY* onsite manager in our agency. A professionally produced 3D VR Tour for a listing of your choice! It’s no secret that the real estate industry has been through an unprecedented disruption over the past months due to COVID-19. There has been a huge shift in, not only how we work, but community expectations when presenting property.  The question is… what will you do now to make sure you have all the tools and knowledge you need to outperform everyone else in this changed world? A world where digital is now notRead More →

Contributed By: Real Estate Institute of Queensland on

As the owner of an investment property in Queensland, if you are not already aware of the Palaszczuk Government’s proposed Special COVID-19 Protections for residential tenants and landlords, The Real Estate Institute of Queensland (REIQ) wants to ensure you understand them. As the peak body for real estate in Queensland, we support the need for tenant protection during COVID-19 however, we are fundamentally opposed to some of the proposed measures. You should be too. As a landlord, you will ultimately foot the bill if the following proposals are introduced: Your tenant/s will NOT have to pay back any rent. Put simply, a rent reduction negotiatedRead More →

Contributed By: Nick Buick on

Last week I met (virtually) with the Brisbane based software development start-up, Hutly (formerly known as Igloo) responsible for the development of a system called One Touch for RealWorks. They gave me a pre-launch preview of One Touch to discuss its suitability for our onsite managers. I was impressed and excited by what I saw, and am convinced this will rapidly become the industry standard for tenancy agreements. In an Australian first, this incredible system allows, at no cost, tenancy agreements to be issued and signed digitally. Once a lease agreement has been completed by the onsite manager in RealWorks, they send this to theRead More →

Contributed By: RealEstate.com.au on

Get filming, as you can start uploading your digital inspections today! These will appear within the ‘inspections’ section on your Buy and Rent listings on the realestate.com.au from today, and the App in coming weeks.  Samples of walk throughs – Sale property  https://www.realestate.com.au/property-house-vic-footscray-133045462Rental property  https://www.realestate.com.au/property-house-qld-brassall-428637838 Tips on creating a great digital inspection –  https://agent.realestate.com.au/digital-inspections Lighting and external noise Keep it short Captions Must be in YouTube format Remember our photographers can produce these for you very affordably. Ask me about this service on 0407769944 How to load your video or a 3D tour to your listing – Simply load these into the Virtual Tour or Include Video fields at the bottom of the photographyRead More →

Contributed By: Nick Buick on

RealEstate.com.au (REA) recently unveiled a new feature aimed to improve the user experience for prospective tenants. It’s called the HIDE feature, and it’s available on their live portal right now, I’m bringing it up because it has the potential to impact how we go about marketing rentals. The feedback REA received from prospective tenants was they were sick and tired of seeing the same listings over and over again, every time they did a rental search. REA’s rather novel solution, was to create a feature where if ANY listing started to annoy a tenant, they can simply click HIDE and *poof* the listing vanishes fromRead More →