To grow a rent roll, you can rely on marketing and word of mouth referrals, or take the ‘shortcut’ and purchase an existing rent roll. In terms of adding more PUMs, it’s all about keeping renters and property owners happy, and staying compliant. 

Interest rates and the cost of living are going up and the property market is starting to flatten. Because of this, PM departments will become every agency’s lifeline. 

It’s possible for a property management team to work remotely but you need to have the correct tools and boundaries in place.

There are ways to improve the value and renter appeal of your strata premises without over-investing.

Property prices and rents are soaring these days but renters are expecting a better quality experience in return for the premium prices they pay. Smart strata managers are adding value to make buildings more sought after and contribute to a healthier environment, without necessarily adding to running costs.

Not every property owner is prepared enough to find success as an investor. As the managing agency, it helps to support your clients so they generate better financial returns.

Changes to the Owners Corporation Act in Victoria are set to take effect at the end of 2021. Take a look at some of the details.

The financial safety net provided during COVID has now been withdrawn. Here’s how to stay afloat without JobKeeper payments as a backup.

If you’re looking to free up cash or change your business model in 2020, selling your real estate agency’s strata roll can be a good strategy.

Many real estate agents ask us what a strata roll is valued on and how this differs from a rent roll valuation. Find out the answer.

Expand your real estate agency portfolio by adding strata rolls and you could be setting your agency up for long term success.

2020 - The forecasts were finally positive for the property market after setbacks caused by the Royal Commission into banking, auctions were providing great results and prices were starting to trend in a positive direction.

There are several benefits to adding strata rolls to your real estate business. These include being spared the need to deal directly with landlords and tenants, and the ability to have up to 300 lots under a single manager.

Most real estate agencies rely on their rent roll for their ‘bread and butter’ revenue while the property market hits peaks and troughs. With strata buildings popping up all over the place, it now makes sense to add strata rolls to your portfolio.

With a commercial property, there can be two authorities—leasing and managing. Take a look at the difference between the two.

Is a year-long lease too short? Take a look at the benefits of a long term lease for agents, landlords and tenants.

Like every industry, the world of property is not immune to change. Things have a way of getting more convenient but also more complex, especially with the so-called fourth industrial revolution bringing everything online.

The headlines surrounding Australia’s faulty apartment block scandal have not been complimentary.

Hundreds of Australian buildings have been revealed to have flammable cladding. Who is ultimately responsible for rectifying the issue?

Australia’s growing number of apartments, units and townhouses means demand for strata roll managers is increasing. Find out what’s involved.

Real estate professionals looking to build their portfolio or expand their footprint may be interested in purchasing a strata roll.

A range of software solutions are now available to make strata management and dealing with tenants and suppliers far more efficient.

The saying now goes that “Software is eating the world”. This quote, attributed to Netscape co-founder Marc Andreeson describes the new reality where almost everything is going online.

How do you become a strata manager in NSW and Victoria so you can add strata management to your real estate business?

For motivated and proactive real estate agency owners, the addition of property management as a service makes sense. Taking on responsibility for landlords and tenants creates a ‘bread and butter’ income stream, delivering more predictability and more financial stability.

How does managing a strata roll differ from managing a rent roll and should your real estate agency go down this road?

Strata is becoming more popular as medium and high-density housing takes over the suburban landscape. For real estate agents, this presents an opportunity to expand into strata roll management as well as traditional property management.

When it comes to property, green is the new black. Take a look at some cutting-edge strata developments which are reducing costs by going green.

How does your building rate in terms of energy and environmental performance? Is it energy efficient, water efficient and doing its part to reduce emissions?

As a real estate agent, you may receive a call from a landlord client who has put money into a retail outlet or office and wants you to manage it. This is an excellent chance to grow your rent roll, however there are different rules and regulations around the letting of this type of property which you must comply with.

During an upswing in the property market, new real estate agents flock to the business, excited to take home their piece of the pie. However, reality inevitably bites! Being able to survive the hard times requires persistence, planning and strategy.

When the property market takes a breather and homeowners become reluctant to sell, here are some ways to ensure your business doesn’t go down the plughole.

Damage caused by environmental factors can wreak havoc to your block.

Even if you aren’t convinced by all the evidence of climate change, the fact is the environment is one of the biggest threats to your strata building.

The ins and outs of the strata management role.

Property managers look after the apartments or homes of individual property investors, collecting rent and taking care of repairs, etc. The role of a strata manager is very different.