{"id":983,"date":"2018-08-20T11:49:22","date_gmt":"2018-08-20T11:49:22","guid":{"rendered":"https:\/\/theonsitemanager.com.au\/news\/?p=983"},"modified":"2018-08-27T22:29:12","modified_gmt":"2018-08-27T22:29:12","slug":"you-cant-sell-a-secret","status":"publish","type":"post","link":"https:\/\/theonsitemanager.com.au\/news\/you-cant-sell-a-secret\/","title":{"rendered":"You Can\u2019t Sell a Secret!"},"content":{"rendered":"

In today\u2019s world, we all want instant access to information, especially when you\u2019re looking to buy. So why do some agents advertise management rights businesses with as little detail as possible? In some cases, even with no photos or generic images of a beach and a caf\u00e9. We all know what the beach and a caf\u00e9 looks like! What about the actual location? You all want to know at least the name of the suburb, such as the awfully specific and informative \u2018Greater Gold Coast\u2019 or \u2018Central Sunshine Coast\u2019. Have you ever heard of these? Because I certainly haven\u2019t!<\/p>\n

The Cambridge English Dictionary definition of the word \u2018advertise\u2019 is: \u201cto make something known generally or in public, in order to sell it.\u201d So, why advertise a management rights business for sale with as little detail as possible? Is omitting key information really helpful for a vendor trying to obtain a potential buyer?<\/p>\n

Advertising portals such as on-site manager have description criteria that, if completed in full alongside actual photos, would give the potential purchaser a good, general description of the complex. Yet, many continue to be vague!<\/p>\n

Some agents like using the abbreviation \u2018TBC\u2019 or \u2018TBA\u2019 on details such as: units in the rental pool, total amount of units, length or term or agreement, and body corporate salary \u2013 just to name a few. This should be basic information for any sales agent to collect prior to the listing, so if the agent can\u2019t gather this information, they\u2019re not doing their job!<\/p>\n

And, if the agent blames the manager for lack of information or not wanting information about their building advertised my first question is always: Why? What\u2019s wrong with that building?<\/p>\n

So, is lack of information on an advertisement helping a vendor obtain a sale? Certainly not!<\/p>\n

Many management rights businesses are multi-listed with as many as five different agencies advertising the same property at the same time \u2013 yet, often with different facts and figures. What does this tell you? No one has bothered to check that apples are apples.<\/p>\n

A professional working for YOU would give you an unbiased, professional opinion, with all the business facts and figures to make you own decision.<\/p>\n

Remember to be smart! Buying a management rights business is typically the largest financial purchase most people make. Get help to guide you through this process, or it can end up a very costly experience.<\/p>\n

So, if you\u2019re a manager selling, check your agent has done a good job of advertising. If you\u2019re a buyer looking, only enquire when an advertisement has all the information. Better yet, use a management rights specialists buyers agent who can provide you with all of the facts!<\/p>\n

\"Venz\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

In today\u2019s world, we all want instant access to information, especially when you\u2019re looking to buy. So why do some agents advertise management rights businesses with as little detail as possible? In some cases, even with no photos or generic images of a beach and a caf\u00e9. We all know what the beach and a caf\u00e9 looks like! What about the actual location? You all want to know at least the name of the suburb, such as the awfully specific and informative \u2018Greater Gold Coast\u2019 or \u2018Central Sunshine Coast\u2019. Have you ever heard of these? Because I certainly haven\u2019t! The Cambridge English Dictionary definition ofRead More →<\/a><\/p>\n","protected":false},"author":1094,"featured_media":984,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_mbp_gutenberg_autopost":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["entry","post","publish","author-refreshweb","post-983","format-standard","has-post-thumbnail","category-the-management-rights-market"],"_links":{"self":[{"href":"https:\/\/theonsitemanager.com.au\/news\/wp-json\/wp\/v2\/posts\/983","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theonsitemanager.com.au\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theonsitemanager.com.au\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theonsitemanager.com.au\/news\/wp-json\/wp\/v2\/users\/1094"}],"replies":[{"embeddable":true,"href":"https:\/\/theonsitemanager.com.au\/news\/wp-json\/wp\/v2\/comments?post=983"}],"version-history":[{"count":2,"href":"https:\/\/theonsitemanager.com.au\/news\/wp-json\/wp\/v2\/posts\/983\/revisions"}],"predecessor-version":[{"id":987,"href":"https:\/\/theonsitemanager.com.au\/news\/wp-json\/wp\/v2\/posts\/983\/revisions\/987"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theonsitemanager.com.au\/news\/wp-json\/wp\/v2\/media\/984"}],"wp:attachment":[{"href":"https:\/\/theonsitemanager.com.au\/news\/wp-json\/wp\/v2\/media?parent=983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theonsitemanager.com.au\/news\/wp-json\/wp\/v2\/categories?post=983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theonsitemanager.com.au\/news\/wp-json\/wp\/v2\/tags?post=983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}