Fee structures to ensure fee growth!

When signing up new business we should always avoid $ amount or set amount (flat rate) fees (Example. $450+gst). $ or set amount fees once in your system will not automatically increase as rent does, therefore requiring someone to manually check fees every year and ensure they are updated as...

RENT ROLL TRANSITION, in simple terms!

RISK MANAGEMENT (& Best Retention) - considerations and tips.Are you buying from a local agent? And do they plan to keep trading? If so, what has been put in place for your protection and also the transfer period?Communication schedule – notifying tenants and landlords etc. A structured plan of specific...

Life Cycle of a Property Manager

Why is Property Management deemed by many to be "so stressful"?Why do we have high turnover?Why do Property Managers “Burn out”?It’s easy to blame demanding landlords, demanding tenants, bad bosses or bad businesses, and we are not for a moment saying those don’t occur, but let’s look at one of...

Team turnover and below standard hires

It’s time to realise we are not in the real estate business we are in the people business.  With the developments in technology in the industry in recent years and ongoing into the future, so much can now be automated or outsourced, however the changes have created an even higher...