The Management Rights Market (Page 4)

Buying Management Rights, Selling Management Rights, market outlook, etc

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: 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 →

THE Awards 2022 was a resounding success and everyone had a fantastic evening. A special thanks to our sponsors: HiRUM, Schindlers Lifts Australia, McAdam Siemon Accountants and Mike Phipps Finance for making the event possible. Here’s the professional images from the evening. We can’t wait to see you all next year!Read More →

Before I was thrust into Management Rights 18 years ago, quite by chance, I owned an apartment that had an onsite manager. The extent of my knowledge was that there was a mysterious old man who somehow ended up living in the office behind the lifts, who seemed obsessed with vacuuming hallways and if you used the spa after closing time, he’d come by and tell you to go to bed. That was all I knew. How this man came to be living in this office behind the lifts, why he was being paid to vacuum things, or by whom, and what higher power hadRead More →

Contributed By: FINEXIA Securities on

FINEXIA Securities have analysed our data to release the latest Quarterly Pulse. See below for details. Management Rights For Sale – Market Snapshot – April 2022 Data Provided by TheOnsiteManager website. Management Rights for Sale – Market Analysis – April 2022 Letting Pool Coverage – proportion of the total units to those within the Pool Agreement Coverage – refers to % of total agreement term available upon purchase.Read More →

I joined ARAMA about six months ago – the Australian Resident Accommodation Managers Association. I’ve attended plenty of events with them since then (See the events section on TheOnsiteManager now: https://theonsitemanager.com.au/news/event/ ), and am proud to support the industry association that supports our industry. It’s important. So important, in fact, that TheOnsiteManager have now purchased 20 x six month memberships (value $330+GST) for onsite managers to join ARAMA and we’re giving them away for free! All you need to do is register here ( https://theonsitemanager.typeform.com/to/hRovk8Mz ), pay for the other six months, and a yearly ARAMA membership is all yours! This offer is open toRead More →

Contributed By: Chris Jones of RAAS on

RAAS Property Group has been entrenched in the MR industry since 2001. RAAS continues to expand and offer improved services , quality communication and digital enhancement Most recently recognising the need to offer the best technology platforms , and after much review and research , the group has introduced a new CRM Eagle to its members. This platform offers ease of use and outstanding digital  communication processes . As always RAAS has maintained  service levels though our dedicated membership , sales and administration support . These extensive resources are not offered by our competitors and has allowed the business to maintain its position as marketRead More →

Contributed By: Nick Buick on

Nick Buick from TheOnsiteManager.com will be speaking with Frank Higginson and Vanessa Sciortino from Hynes Legal this week on their weekly webinar. Topics will be the ever-changing Covid landscape and current rental demand. Tune in via the link below – 2PM Thursday the 25th of November!Read More →

“Now is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning”Winston Churchill 1942. Churchill is of course famous for many an inspirational quote made all the more magnificent by virtue of the circumstances in which he found himself. I suspect somewhat more uplifting and motivating than the dross found on social media these days. Imagine addressing a population facing the existential threat that emerged in Europe in the late thirties and imploring the population to be the best they can be and to speak their own truth. Gimme a break! But, as always,Read More →

Contributed By: Patrick Bell of FINEXIA Securities on

Finexia’s quarterly analysis of the market has now been released based on our figures and we see a slight improvement to market conditions with multipliers increasing and total stock value increasing.Read More →

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