Landlords, Tenants, Renting and Management (Page 4)

Information about renting units

Contributed By: Claire Ryan - REIQ on

The Real Estate Institute of Queensland (REIQ) says calls from tenants’ advocates for rent control in Queensland is a short-sighted solution to a complex problem. REIQ CEO Antonia Mercorella said rent control would not be a panacea for the rental crisis and would likely have the opposite effect and exacerbate challenging rental conditions. “We are acutely aware of the devastating impacts of the rental crisis and against that backdrop, it’s understandable that some tenants’ advocates are proposing rent control as a solution – but rent control is not the panacea that many argue it to be,” she said. “It’s clear Queensland does not have sufficientRead More →

Contributed By: Frank Matus - Resort Brokers on

Our Brisbane broker Frank Matus says opportunity exists for buyers and sellers in a buoyant market — but you have to be nimble. When I started with ResortBrokers a year ago, the industry was still emerging from COVID. Uncertainty was in the air and multipliers were soaring. Real estate prices were skyrocketing thanks to the great migration from the southern states – over 50,000 new residents flocked to our state in the year to June 2022.  While management rights operators felt the capital growth in their real estate, many of these new residents moved into their investment units creating downward pressure on letting pools. SomeRead More →

Contributed By: Aon Insurance on

There’s more to managing risk than insurance 6 pillars of managing risk in a service based business There’s not much in life that comes without risk – whether it’s starting a business, or even just crossing a road. When it comes to running your business, the biggest risk in your mind is probably not making a profit. However, events such as a client tripping over and injuring themselves while at your premises, or having legal action taken against you due to advice you provided are also incidents that can have a substantial impact on your business. While you might hold insurance to help cover youRead More →

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 →

TheOnsiteManager.com.au have just signed a new deal with LittleHinges to unlock MASSIVE savings on photography packages. We can now offer a Virtual Tour, Floor Plan and 8 Still images for *JUST* $220+GST. A huge reduction from the $320+GST that was previously available. Book your virtual tour, floorplan and photoshoot here: https://theonsitemanager.typeform.com/to/fZGAdJ6b I am frequently getting calls from managers telling me they ran a 15 minute open on a 2 bedroom unit and 47 people showed up to inspect it. Cut through the time wasters, and cut down on the number of people showing up at your open homes – with a virtual tour prospects can take theirRead More →

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 →

Contributed By: RTA on

The Residential Tenancies Authority (RTA) is encouraging Queenslanders to check their pool measures up with safety laws this summer.  As we spend more time in and around the pool this summer, it’s important for tenants and property managers/owners to understand their responsibilities when it comes to pool safety.   Safety standards  Under the Residential Tenancies and Rooming Accommodation Act 2008 (The Act), property owners are required to adhere to laws regarding the health and safety of people using or entering a property. This means being aware of and abiding by pool safety laws and standards under the Building Act 1975 if there is a pool on the property and theRead More →

Contributed By: REIQ on

If you manage a property with a swimming pool or spa in Queensland, you have a responsibility to make sure that the pool fence is compliant with the pool safety standard.  Compliant pool barriers help save lives by restricting young children from accessing swimming pools and spas. Property Managers have a vital role to play in protecting young children who reside in or visit the properties they manage. When inspecting a property with a pool or spa, it can be helpful if you know what to look out for. Make sure: – all climbable objects are at least 900mm away from the barrier on the outside – minimumRead More →

Contributed By: Geoff Ellis - North Queensland Management Rights on

I am pleased to announce the formation of North Queensland Management Rights specifically specialising in the sale and purchase of management rights in North Queensland. The mission is to offer services that are entirely focussed on our region – where the interests of our industry in this region are foremost and tailored to meet the needs of those within and seeking to join the rights industry in North Queensland. The reason for change? As with many things today technology removes any compelling reason why being attached to a larger SEQ based broking business offers any real advantage. And certainly, the cost of doing business isRead More →

Contributed By: Claire Ryan - REIQ on

A national real estate cyber resilience toolkit is the latest initiative from the Real Estate Institute of Queensland (REIQ) to strengthen the sector against cyber-attacks. The toolkit, which is currently in development, acts as a guide to clearly explain Australian privacy laws and data security requirements in the context of everyday real estate transactions. The toolkit will provide practical advice for how real estate agents can securely collect and store personal information and how to better safeguard against cyber-attacks and avoid unauthorised personal information disclosures. In addition, the toolkit will provide series of guidelines for internal use and a checklist for real estate agencies toRead More →

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