Landlords, Tenants, Renting and Management (Page 8)

Information about renting units

Contributed By: Nick Buick on

There are very few certainties in life, and even fewer in business – yet over the last 14 years one thing that has been proven to me is if you don’t recognise and embrace beneficial change – your business will wither and die. When I built TheOnsiteManager back in 2005, the concept of an online portal for Management Rights seemed ideal. There we were with a multi-billion-dollar management rights marketplace just sitting there, and the only way to actually sell a management rights was to shove a little ad onto a dark corner of the Gold Coast Bulletin newspaper and hope for the best. ToRead More →

Contributed By: Nick Buick on

As an online real estate office servicing onsite managers, TheOnsiteManager.com.au has over 400 building managers in our agency now. We’re marketing over 7000 rental properties per year and one thing our managers have been asking us for, for a very long time, is an Inspect Now Booking Button. The Inspect Real Estate (Booking Button) system allows prospective tenants to easily book inspections with managers at times convenient to both parties. It ensures less no-shows, drives more leads, and keeps prospects informed of any changes to the listings they’re enquiring about. It’s a very powerful and comprehensive system that is being used by most of the majorRead More →

Contributed By: Michael Kleinschmidt Stratum Legal on

On 26 September 2018 Adjudicator Roseman declared the letting authorisation for Allure Apartments in Townsville void.  The management rights operator, Allure Townsville Accommodation Pty Ltd (ATA), had taken a transfer of the letting authorisation in June of 2015.  The management rights were transferred from Allure Hotel and Apartments Pty Ltd (AHA) who had acquired them from the developer, South Townsville Developments Pty Ltd, on 3 September 2014. From the beginning, the management rights business had been operated from a manager’s unit (lot 201) and a reception area, initially located on the common property. While AHA was the operator, that area of common property was convertedRead More →

Airbnb is never far from the headlines, and many industry segments are clamouring for regulation. In June 2018 the NSW government announced severe restrictions on short stay accommodation. It remains to be seen how that will work in practice, and how Queensland will implement our own version. Hopefully the legislative response will be informed by the lessons learned from the regulation of ride sharing services such as Uber. Industry Concerns Body Corporates, owners, and on-site managers are justifiably concerned about the rising popularity of home sharing services, and other online accommodation booking platforms, for properties within Community Title Schemes. Naturally, I can’t condone “self-help” remediesRead More →

Contributed By: Nick Buick on

Lets face it, your owners COULD manage their own rentals, there’s nothing stopping them, they don’t even need to be qualified… But just because they could do something themselves, doesn’t make it a good idea. Your owner clearly understands that, it’s why they hired you. They made a conscious decision to appoint a trained, experienced, and professional manager to handle the marketing and management for them. They did this because they accept that there are certain tasks that are outside their area of expertise. They might be a really good doctor, pilot, or insurance salesman, but they know being good at whatever they’re good at,Read More →

Article supplied by HiRUM, Original article from Snapshot The benefits of building a strong online review profile are irrefutable…Online reviews not only provide a unique opportunity to foster guest relationships post check-out, but have also been proven to deliver higher profits to accommodation providers. We discussed these benefits in more depth in a recent blog article. Now, we would like to explain to you the benefits of responding to the reviews your property receives & how you should go about doing so. Reviews, responses and Google It’s rare for Google to openly discuss aspects of their ranking algorithm, but perhaps in an effort to support smallRead More →

Your trust account and the way you operate it is your lifeline. When dealing with thousands of dollars there are 2 types of people. 1) Honest 2) Dishonest There is no in between. As a managing agent, landlords are trusting you to handle their income with honesty and integrity. After many years in the industry, I have performed end of months with as little as $2000 in the trust account and as great as $200 000 in the account. Each time the money, system and process were treated exactly the same……with care. One property or 1500 properties, each state of Australia has regulations and rules inRead More →

Contributed By: Hotspots Australia on

New smoke alarm legislation in Queensland came into play from 1 January 2017 and is expected to drastically cut the number of deaths from house fires. The new legislation requires every domestic home, including rental properties, to have smoke alarms that are photoelectric, interconnected, and either hard-wired or powered by a 10-year lithium battery. For property managers this means additional obligations with regards to the installation and maintenance of smoke alarms. Smoke alarms are currently required by law in all rental properties but the type of alarm installed is no longer something that can be left to the owner’s discretion. Failure to install the correctRead More →

ARTICLE ORIGINALLY APPEARED IN HIRUM INDUSTRY BLOG Unless you’ve been living under a rock, you would have seen the quick rise of private letting channels such as Airbnb, Stayz and HomeAway. If you’re the owner of a management rights business, you may not be their biggest fan. Disruptive companies, in any industry, often cause issues for existing operators within that industry. In the case of property management, you may be worried about losing properties in your letting pool to owners wishing to let privately, or you may have had bad experiences with the guests or bookings from these channels. Whatever it may be, this articleRead More →

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