EPM: Industry News
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Progress made on code of conduct for commercial tenancies
The Property Council of Australia has noted today's direction from the National Cabinet for the development of an industry code of conduct for commercial tenancy. "We have been engaging closely with the Commonwealth, state and territory governments on these issues, and will continue to do so to provide the certainty that landlords, tenants and governments…
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Responding to changes in domestic violence laws
The changes to family and domestic violence laws are a welcomed change for Australians who believe in a strong and resilient justice system. While the amendments are designed to better respond to those suffering abuse, they also affect landlords and property professionals who own and manage rental properties. Previously, rental laws have restricted tenants affected…
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If it’s not dinner, then what’s cooking? Sharon Fox-Slater
Australia’s expanding illicit drug problem is having an ever-increasing impact on investment property owners, with a growing number of rentals being contaminated by meth. Along with contamination come accusations – squarely levelled at the agent – about how it was allowed to happen. There’s a new headline every day, it seems, about the problem of meth in rental properties. Also…
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Reinventing residential rentals: Tina Grey
Every now and then in your career, you may be fortunate enough to work on a project that is truly special. A body of work that not only stimulates you but has the potential to change the very face of the industry you are so passionate about. I am living one of those moments right now. For the past couple…
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PPM National Property Management Awards announced
The PPM Group held its annual awards last night at the Marriott Hotel, Surfers Paradise, QLD. Congratulations to the following list of winners: Support team member of the year Annabel Noonan – Di Jones real estate Leasing Consultant of the year Connie Morton – rental results Client service award of the year McGrath Estate Agents port Macquarie Social media and…
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2018 PPM National Property Management Award finalists announced
The finalists have been announced for the 2018 PPM National Property Management Awards. The PPM Group received more than 135 submissions across eight categories. The judge’s feedback back was that this year the level of submissions were exceptional with many of the category nominees being very close. Here are the finalists in each of the eight categories: Property Manager of…
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The suburbs helping rentvestors outperform homeowners
The technique of rentvesting has become increasingly popular with property investors around the country. Now new research from LocationScore.com.au shows the suburbs where renters are paying less than homeowners for the same lifestyle. The property research site has identified the top suburbs around the country where renters are paying less than owners to enjoy the same top-notch lifestyle. In NSW…
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Morgan Stanley report shows Airbnb growth has slowed overseas but Australian data tells a different story
According to a recent report from Morgan Stanley, as awareness of security issues rises, Airbnb’s growth slows. The third annual AlphaWise survey saw the researcher drop their prediction of Airbnb growth by over 50 per cent, from 29 per cent to 12 per cent, in the EU/US. However, the data in Australia tells a much more concerning story for property…
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Winter Olympian, The Urban List and Josh’s Rainbow Eggs take centre stage at the PM Leadership Summit
On the 7th and 8th March, a Winter Olympian, The Urban List and Josh’s Rainbow Eggs will take centre stage at the Property Management Leadership Summit on the Gold Coast. Connecting principals, heads of PM department, BDMs and career property managers with experts from outside the real estate industry, the summit empowers delegates with leading tools, new technologies and bold…
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NPP is a game-changer if all banks step up to the plate
A new payments system has officially launched in Australia, giving consumers and businesses access to a new and modern payments system. Soon, services that use the New Payments Platform’s (NPP) capabilities will commence rolling out from about 60 banks, building societies and credit unions across the country. This will give consumers and businesses the ability to Transfer money instantly between…
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Technology won’t necessarily get you results, says Jo-Anne Oliveri
Property Management Leadership Summit presenter, ireviloution Founder and Managing Director Jo-Anne Oliveri, recently shared her insights on the real impact technology has on the business of property management, and why it is so important for principals to understand. Speaking with Elite Agent, Jo-Anne says technology has changed things but property management has remained the same. “Whilst technology has enabled principals to…
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Weakening investor activity impacts Sydney, but national median price in most captials: Domain
The median house price in most capital cities rose over the December quarter, although different cities continue to record varied rates of growth — according to the December Quarter Domain House Price Report. Weakening investor activity and tightened lending conditions continue to impact Sydney, and although it reported a slight increase over the December quarter, prices in the NSW capital…
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Business experts share their top tips for leading a successful business in 2018
businessDEPOT Managing Director, John Knight, said that if you want to lead a successful business, you must know your numbers. “The leaders of great real estate businesses focus on people first but, when it comes to the numbers, they focus on profits, not just sales,” he said. At this year’s Property Management Leadership Summit, John will share the key numbers…
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National rents on the rise: CoreLogic Rent Review December quarter
Property investors will welcome news from CoreLogic that although rental yields are flat, rental rates are on the rise. According to the latest CoreLogic Rental Report over the December quarter, all capital cities, excluding Canberra, achieved a stronger annual change in rents over the past year compared to the same period in 2016. Simultaneously, regional markets also earned a rental increase.…
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Leadership summit empowers principals to reach the pinnacle of success
Hosted by ireviloution and businessDEPOT, the two-day summit is designed for principals, heads of department and BDMs who seek inspiration, leadership skills and real-life business examples to help them step up, lead their team, and profitably grow their business. ireviloution and PM Leadership Summit Founder Jo-Anne Oliveri said that this year’s event will inspire leaders to ‘reach the pinnacle’. “20…
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London house sells after having viewing staged over Facebook Live
Estateagenttoday.co.uk reported that the online agency Housesimple was aiming to sell the three-bedroom semi-detached bungalow in Rainham, east London, valued at between £470,000 and £475,000. The owner, Shanty Helim, staged the Facebook Live viewing herself, and viewers were encouraged to make an offer on the home via the Facebook Messenger application during and following the streaming. Over 20,000 people viewed…
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PPM Conference 2017: It’s a Wrap
Day Two of PPM Conference 2017 has drawn to a close on a day of talented, respected speakers sharing their insights with delegates, amidst an atmosphere of inclusion and peer to peer support. “Being our 15 year anniversary, I wanted to create something special and memorable for PPM but more so for the overall experience of everyone attending,” said PPM Group Director,…
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Day One: PPM 2017 Conference Wrap Up
A sell-out crowd of 200 property managers from around Australia descended on the Marriott at Surfers Paradise yesterday for the 15th annual PPM Conference. The event was jump started with the electric Amanda Gore, who blends the science of EQ, Positive Psychology, Neuroscience, Epigenetics with a frank and hilarious presentation about mindset. Amanda challenged delegates to be more aware of…
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2017 Top Performers: PPM Group Host Best of the Best Awards Gala
The PPM Group celebrated it’s Best of the Best for 2017 with awards bringing recognition to top performers from around the country, across a variety of property management categories. The Gala saw an opportunity for delegates to the PPM Conference, speakers and award nominees to enjoy an evening with entertainment from The Roaming Magician. Conference MC and Awards Host, Malcolm Riley,…
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Rent.com.au’s new service Renter Resume a big hit among users
Since its launch 100 days ago, Rent.com.au Renter Resume has had more than 50,000 Australians signing up to use its service. Launched last October, the service allows users to create a rental profile, which then allows for the automatic generation of property enquiries and applications. Prospective renters can apply for a property while they are inspecting it with the click…
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NSW strata law reforms come into effect: REINSW
Years of consultation and review have resulted with significant reforms to NSW strata laws commencing on 30 November 2016. REINSW President John Cunningham said over 90 new strata laws will make a difference to the lives of those living in New South Wales. “These reforms will benefit owners, tenants and property managers and bring the laws in line with current thinking,”…
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Falls in Rental Affordability Causing Stress for Low Income Earners
Sydney continues to be Australia’s least affordable city for rental accommodation but, of all cities, Melbourne has seen the greatest decline in affordability since 2013, according to the latest Rental Affordability Index (RAI), released on 23 November, 2016. “The latest Rental Affordability Index shows housing stress is a common reality for people in the rental market, especially those on low…
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South Australia Looks to Change Property Management Licensing Laws
In a move endorsed by The Real Estate Institute of South Australia (REISA), the State Government has announced proposed changes to legislation including the introduction of a Code of Conduct for the real estate industry and the licensing of residential property managers in South Australia. REISA CEO Greg Troughton said “We have lobbied the Government extremely hard for many years…
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NSW property transfer of 18,000 homes welcomed by CHP Sector
Today’s announcement by the NSW Baird Government of a long lease property transfer of 18,000 homes is welcomed by Australian CHPs for taking a forward thinking and common sense approach to providing better social housing outcomes. PowerHousing Australia which represents 27 of Australia’s largest Community Housing Providers (CHPs) said that our members are already working with property transfer in other…
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Sophie Lyon Elected to REIV Board
Jellis Craig Boroondara’s Property Management GM Sophie Lyon has been announced as a new board member of the Real Estate Institute of Victoria (REIV). The REIV is the professional association for Victoria’s real estate industry and has over 2,000 agencies as members. Lyon’s appointment means that she will be one of three female members on the eight-member board; whereas during…
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Property investor confidence remains strong: PIPA national survey
Despite talk of property price bubbles, tightening investor lending policies and roaring debate over the future of negative gearing, Australian property investors remain bullish about the long-term merits of residential real estate, a new survey has found. The second annual Property Investment Professionals of Australia (PIPA) Property Investor Sentiment Survey, which gathered insights from more than 1,000 property investors, shows…
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Does standard landlord insurance cover subletting?
The latest trend in short-term stays is tenants subletting rooms or whole tenancies on popular sites such as Airbnb. This practice can significantly impact on your insurance policy. It is not uncommon for tenants to sublet a room, whether they advise their landlord or property manager or not. Airbnb has increased the ease with which they can sublet the entire…
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CoreLogic: July Rent Review
Rental rates showed no signs of lifting over July, according to the CoreLogic July Rent Index. Rental rates fell by -0.3% over the month to be -0.6% lower over the 12 months to July 2016. According to CoreLogic research analyst Cameron Kusher, rental rates continue to ease as supply ramps up. In July, rental rates dropped in all cities except…
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Continuous Improvement
Tina Case started out as a weekend receptionist. Working her way up she now has a dual role in her own agency, Professionals Lithgow, as both Principal and Property Manager. Tina discusses how it all started, how she deals with the demands of the job and what keeps her motivated. Tell us a bit about yourself and your role at…
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First Ever Online Training Portal for Console Customers
The better your staff know the software they use, the more efficient they can be. But sometimes it is impractical to send them out of the office for training. Console are rolling out their first ever Online Training Portal which will eventually host courses for all Console software. The initial courses, to be rolled out in February 2016, will focus…
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Rent.com.au Offers Listing Upgrade Options
In a competitive market, it can be difficult to pick up the required visibility to capture renter and landlord enquiry. As a dedicated rental website, rent.com.au offers a unique opportunity to secure high visibility in core areas and additionally capture landlord enquiry, ensuring the continual growth of your rent roll. It’s time to find your point of difference. If bolstering…
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How to Secure Property Managements from Online Enquiries
If securing additional managements is a key objective for your department this year, make sure Rent.com.au is part of your ongoing online strategy. As Australia’s leading rental property website, Rent. com.au offers a number of tools and services to assist property managers in building their managements. Rent.com.au continues to grow the business through increased listings content and improved user experiences…
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Rent.com.au Partners With PPMs ‘Best Of the Best’ Awards to Recognise Excellence
Rent.com.au has partnered with PPM Group for the prestigious 2016 PPM National Property Management Awards, to be held on the Gold Coast on 19 June. Entries are now open for the awards, with nominations sought from the best property managers and property management departments across the nation. Now in its second year, the group’s ‘Best of the Best’ awards recognise…
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Console Announces Strategic Partnership with PropertySafe
Console, Australia’s leading supplier of software to the real estate industry, announces a strategic partnership with risk mitigation specialists PropertySafe. The new integration between Console’s GatewayLive property management and trust accounting software and PropertySafe’s Maintenance Manager, enables agencies to achieve a paperless solution, inclusive of full audit trails of maintenance tasks within their office. After signing up for Maintenance Manager,…
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Grab Your Tickets to LPMA 2016
The Leading Property Managers of Australia conference will be held at Jupiters on the Gold Coast on 7–8 April 2016. For the past 10 years LPMA has built a strong reputation for presenting conferences with maximum ‘take home’ value for delegates: content designed and delivered by the cream of the industry’s practitioners. At LPMA 2016, the bar is being lifted…
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