Management Rights

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In: Motels and Hospitality, The Management Rights Market

Contributed By: Nick Buick on

We were forwarded an interesting proclamation from the garrulous folks at AccomProperties this week stating rather spuriously their website was achieving “record sales activity”, and conflating this with a misleading side-by-side graphic of our site which apparently “speaks for itself”. They had of course rated themselves A and us F based on a mysterious “G.T. Metrix”… Now look, I love a good Gin & Tonic as much as the next guy, and I’m sure it’s a great metrix on a hot summer’s day (keeps the malaria away after all) but I wouldn’t be measuring my website’s performance as an effective marketing portal on a G.T.Read More →

In: Accounting and Finance, Legal

Contributed By: Archer Gowland Redshaw and Vanessa Sciortino on

For our latest episode focusing on the Management Rights industry, Chris Lewis and Smiljan Jankovic (Management Rights Specialist, Archer Gowland Redshaw) host Vanessa Sciortino – Special Counsel, Nicholsons Solicitors. Throughout the episode, Vanessa & Smiljan provide the latest best-practice insights from a legal and accounting perspective involving Management Rights complexes. Across the discussion, each highlight the common issues associated with top-ups & exercising options (and the differences between the two), renewal strategies where a manager may find themselves in a dispute with their Body Corporate, the purchase process including the Body Corporate consent process, whether or not claw-back clauses continue to be relevant, and how best to support new entrants in theRead More →

In: General Interest

Contributed By: Nick Buick on

Join us on Friday THE 8th of October at THE Warehouse in THE Valley as we announce THE 2021 winners of THE AWARDS. The industry excellence awards for service providers within the MLR Industry. Winners are decided by popular vote from our own 500+ onsite managers, all of whom are invited to attend. We look forward to a sensational evening of fun and celebration as we acknowledge the service providers who gave their all and made our industry a strong, exciting and amazing field we all operate in.  The evening will be hosted by accommodation and travel presenter, Cassandra Trezise with special appearances from… everyoneRead More →

In: Accounting and Finance, The Management Rights Market

Contributed By: Kristine Lehmann of Lehmann Rights on

Kristine Lehmann, the principal of Lehmann Rights has kindly provided us with a series of really great industry discussions between herself and a number of industry leading experts. These are great, easily digestible 5 minute chats that offer some wonderful and current insight for those in and looking to enter this market. We’ll be bringing you a new one of these with each issue for the next couple of months.Read More →

In: The Management Rights Market

Contributed By: Patrick Bell from Finexia Securities on

The Brisbane market is recovering as the fall in listings has abated and the Permanent market is now growing its listing again after three quarters of falls. This market is responsible for all of the rise in permanent businesses.The Holiday markets of the Gold Coast and the Sunshine Coast highlight the reduction already noted. Management Rights for Sale – Market Analysis – March 21 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 →

In: Accounting and Finance

Contributed By: Mike Phipps Finance on

Before we begin. If you are an eternal optimist who never lets facts and history get in the way of your positive attitude perhaps return to Chrystal Karma Weekly and give this little story a miss. And now, let’s begin. We find ourselves in a unique situation. Never before in modern times have we seen a pandemic of the magnitude of the current Covid crisis. Of course, by magnitude I refer to the actual damage the virus has caused as compared to the damage the reaction to it has visited upon us. It turns out the interconnected world has its downside. I make the pointRead More →

In: Uncategorized

Contributed By: Patrick Bell – Finexia on

This is the second COVID impacted set of data that clearly shows a considerable reduction in total stock due to COVID. This is arecord low. Permanent stock on the market has represented the largest portion of this, losing 23% of listings. The period for holidaylistings has lost 18 days on average, indicating a focus on buyers on this part of the market. The Brisbane and Sunshine Coastmarkets appear to be continuing their decline. However, the Gold Coast market held steady with stock levels remaining roughly the same or slightly increased.Read More →

In: Accounting and Finance

Contributed By: Mike Phipps Finance on

As I contemplate an attempt to make some sense in this article there’s an old English expression thatsprings to mind.“May you live in interesting times” is claimed to be a translation of a traditional Chinese curse. Whileseemingly a blessing, the expression is normally used ironically; life is better in “uninteresting times” thanin “interesting” ones, which are usually times of trouble. Talk about ironic alright.Anyway, I digress.Rather than write my usual meandering stream of consciousness I’ve decided to cut to the chase andoutline some specific thoughts that might hopefully assist buyers to navigate a management rightspurchase in a world of apparent uncertainty.The Fundamentals Have Not ChangedWhileRead More →

In: Real Estate

Contributed By: Paul Malone RUM Support on

Since retirement, I mentor clients in Set Up & Induction for caretaker/letting assignments.I focus on skills Gaps  specific to a specific Community Titles Scheme CTS. I have developed a generic online Knowledge Base: www.rumsupport.com.au.  It: draws upon “in the trenches” experience as a service provider; is rich in shared best practice insights/graphics that can inspire, motivate and empower; complements elearning in cloud based business productivity platforms including web design;  gives comfort to a CTS committee as to “performance potential”. Group Dynamics:Content is offered under a Creative Commons license.No login is required.  Anyone with a personal Gmail account or Google Workspace (formally Gsuite) subscription can access and begin self paced applicationCollaborators can edit/modify contentIndustry wide training interventionRead More →

In: Accounting and Finance

Contributed By: Mike Phipps Finance on

Reader warning. In order for this to make sense best to read the previous bulletin if you haven’t already done so.  Then again, if you are used to my stream of consciousness rants press on regardless! We left things last month with observations around bank activity during Covid, a consumer culture of low responsibility and some sense that banks need to provide alternate options for clients who are prepared to pay for it. Let’s digress for a moment.  As many of you will know I am a student of the motor industry. That is, I love cars and have a history of making “investment” decisionsRead More →

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