Landlords, Tenants, Renting and Management (Page 5)

Information about renting units

Contributed By: Sarah Staerk - Ray White on

In a market first, Ray White Surfers Paradise Group (RWSP) has added a management rights (MR) sales arm to their portfolio, with industry leader Craig Cornish taking the helm. The move is the first time a major real estate player has embraced MR in a meaningful way, pointing to a renewed confidence in the sector after the challenges of the pandemic. Ray White Management Rights Sales will leverage the mammoth brand power Ray White, an Australian-owned brand of over 120 years. With more than 1000 offices across six countries, Ray White is the largest real estate group in Australasia, selling more properties than any otherRead More →

Nary a week goes by that I don’t get asked how to produce a CMA (Slight exaggeration, but I really wanted an excuse to use the word nary). A lot of managers are really struggling with this task, which is a problem because it’s a vital way to win listings. So here’s a super fast 5 minute walk-through that shows you from start to finish, how to do a CMA. Enjoy!Read More →

Contributed By: Rental Tenancies Authority on

Mould has become more prevalent than usual in houses across much of Queensland, due to the wet weather we’ve been experiencing in the recent months.   It’s important to remove mould from a rental property as soon as practically possible, as it can pose a health risk to those living in the property if left unchecked.   To help property managers/owners and tenants/residents understand their responsibilities, the RTA has answered some of the most frequently asked questions we receive around dealing with mould in a rental.  What causes mould?   Mould is a type of fungi that grows best in damp and poorly ventilated areas.Read More →

Contributed By: Rory Scott - REIQ on

The Housing Legislation Amendment Bill 2021 was last year passed by the Queensland Parliament and the REIQ welcomes the improvement from the initial reforms proposed by the government. Key updates: The domestic and family violence provisions came into effect (received assent) on 20 October 2021, but they largely replicate what has already been in place as part of the COVID-19 provisions. Provisions 2 and 3 (outlined below) will come into effect on 1 October 2022. Minimum housing standards (Provision 4 – outlined below) for new tenancy arrangements commence from 1 September 2023 and for all tenancies from 1 September 2024. Although an improvement on the reforms thatRead More →

ResortBrokers Sunshine Coast team has racked up $44 million in Management Rights’ sales in the area in the past financial year alone, including a number of high-profile record deals.Brokers Glenn Millar and Chenoa Daniel sold 26 Management Rights – averaging one every two weeks – and the Sunshine Coast surge shows no signs of waning.Notable sales with total combined asset sales of $ 18,389,770 and total combined real estate (within the sales) – $6,100,000 include: Noosa Pacific – Prime Waterfront Resort – Noosaville51 units in complexSale Price $7,823m – record price for a manager’s unit and record multiplier for Noosaville Maison Noosa – Absolute BeachfrontRead More →

Contributed By: ARAMA on

United we stand, divided we fight! FOR everyone involved in the business of Management and Letting Rights an important maxim is to concentrate on the things that unite us, rather than those that divide us. Because most ARAMA members work and live on-site in close proximity, they are often the target of people’s frustrations, and it can be a very stressful environment. Resident managers are there to create harmony, and not disharmony, but neighbourhood battles can be so toxic that Queensland had to introduce the Neighbourhood Disputes (Dividing Fences and Trees) Act 2011. This was designed to overcome the increasing prevalence of neighbours in theRead More →

Contributed By: Smiljan Jankovic - Archer Gowland Redshaw on

Whether you’ve newly purchased or have a well-established operation, preparing your Management Rights business for sale is an important scenario to consider in the back of your mind. It’s highly likely as a business owner, you will look to sell at some stage, therefore being informed about what you may need to prepare is an important step in the process. Preparing your Management Rights business for sale is not something that can be done overnight. It is a process that you need to be consciously thinking about from the very beginning when you have first purchased your business, and will often need to be re-evaluated.Read More →

Contributed By: Samara Bedwell - REIQ on

Each and every day we as property managers take on the task of ensuring that the properties we manage are fit and safe to live in for the tenants and to ensure minimal risk of liability for our lessors – very rarely do we stop to think about the safety of ourselves. As property managers, we’re responsible for assisting in the provision of a home for these tenants and therefore we become involved in the tenants’ everyday life in one way or another. We are collecting rent from the tenant so that they have a roof over their heads. We are also inspecting the premisesRead More →

Contributed By: Aon on

In a world where almost everything is paperless, keeping records and filing documentation is something that might slip your mind as you go about your usual business. While digitisation has made record keeping easier in some ways, it has also brought about some complexities. While there was a time when everything needed to be done in writing, nowadays a simple phone call can be enough to prompt action. Record keeping also goes beyond simply filing documentation. Think of all the ways you might interact with clients, whether that’s via phone, text, emails or in person. Good record keeping should encompass keeping details of all conversationsRead More →

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 →

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