Management Rights

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In: General Interest, The Management Rights Market

Contributed By: CBRE on

Brisbane, 19 April 2018 – CBRE Hotels is expanding its hotel division with a new Management Rights service line following the appointment of Shane Mullins as a dedicated specialist in the field. Mr Mullins, who has more than 10 years’ experience in the hospitality sector, will lead the new Management Rights business line, which specialises in the management and letting of strata titled units on the Eastern Seaboard. Wayne Bunz, National Director of CBRE Hotels, commented on the team’s expanded capability; “We are extremely excited to welcome Shane to the team. Shane’s extensive knowledge in the management rights space further complements the comprehensive hospitality expertiseRead More →

In: Accounting and Finance, The Management Rights Market

Contributed By: Wesley Venz on

Residential sales tactics often include advertising listings at a lower price, whether for sales or auction purposes, in order to attract enquiry and then manipulating emotions to attempt to have a potential buyer bid or pay a higher amount than they had originally intended. However, Management Rights listings work in reverse. The prices advertised are normally higher than what the agent or seller realistically expect to achieve. It’s important to acknowledge that the real estate industry isn’t all smoke and mirrors – most agents are not intentionally out there to do the wrong thing. But the tactic of over quoting multipliers to get listings hasRead More →

In: Body Corporate, Facilities Management

Contributed By: Lisa Rutland from MyBodyCorpReport.com.au on

I spend all day, every day, reading body corporate records; lucky me. The business conducted by each scheme differs wildly but there are several core things that majority schemes do. Termite inspections is one of them. The BCCM Act doesn’t explicitly require that a body corporate do regular termite inspections. As is usually the case the applicable legislation is far broader than focussing on the one issue. Section 159 of the Standard Module requires the body corporate to maintain common property in good condition. If the scheme is a Building Format Plan (BFP) legislation requires the body corporate must go a step further. Section 159(2)Read More →

In: Accounting and Finance

Contributed By: Mike Phipps Finance on

I have written previously about interest only finance and particularly the pros and cons of such a strategy. Setting aside the current pressure on lenders to restrict interest only funding I think it’s worth having a broad look at interest only finance, why borrowers and advisors advocate these strategies and why they may be wrong. In this article we will talk about interest only finance in the context of money borrowed to acquire an income producing asset such as a business or investment property. The central premise is driven by current taxation rules which essentially allow interest costs associated with a loan to acquire anRead More →

In: General Interest, The Management Rights Market

Contributed By: Nick Buick on

Any time you perform any kind of search for Management Rights on TheOnsiteManager, be it for all of a broker’s stock, or all listings in a given suburb, or any other management rights related search for that matter, you can now output a stock list. You will now find a ‘print a stock list of the top 21 results’ link at the top and bottom of each results page. These neat little documents will show you upto 7 pages of listings in a save-able and print-friendly PDF file. They will give you the IDs of all the listings shown along with photography, broker details, locations,Read More →

In: Facilities Management, Landlords, Tenants, Renting and Management

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 →

In: Accounting and Finance, Body Corporate, Facilities Management, General Interest, Legal, Motels and Hospitality, The Management Rights Market

Contributed By: Nick Buick on

We are thrilled to launch our Industry Recommended Professional program! Below is a Q&A explaining the program, its benefits and how it works. What Is the Industry Recommended Professional program? Our industry has entered an age where the quantity of suppliers is great, but often the quality of work offered is not. Managers and prospective managers expend considerable time and money in their efforts to source professional service providers who understand this industry and specialise in it. The Industry Recommended Professional program allows such service providers to rapidly and easily distinguish themselves as authorities both trusted, and respected in our Management Rights industry. It isRead More →

In: Events, General Interest

Contributed By: Nick Buick on

Our friends at Resort Brokers have organised a Gala Lunch for one of their own: Brad McDowall and his family. This is a really good cause, and it’s a well known fact that Resort Brokers know how to organise a Gala! The prizes they have pulled together are nothing short of spectacular and they have asked me to forward this invitation to all of our database which I’m more than happy to do. I hope you’ll all try and get along to this and help throw your support behind Brad and his family any way you can.  Please join us… Thursday April 19th 2019 atRead More →

In: General Interest, Motels and Hospitality

Contributed By: HiRUM Software Solutions on

Article originally appears in HiRUM industry blog: https://www.hirum.com.au/blog/responding-online-guest-reviews/ 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 small business,Read More →

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