EPM: News
-
Rent.com.au reach milestone and launch new product
In its ASX statement, Rent.com.au has announced a surge of user engagement in the rental property portal, with its Renter Resume product hitting the milestone of 150,000 profiles created. The milestone coincides with the release of a new suburb profile feature, specifically geared at renters. According to Rent.com.au, the success of the Renter Resume product reaching 150,000 resumes in the…
Read More » -
REINSW Calls for Parliament to Act on the NCAT
As it stands, the original case has been granted leave to appeal to the High Court, but the REINSW wants Parliament to speed up the process. The court system has never been a nimble instrument of reform, and REINSW President John Cunningham has called on the Government to step in and address the situation because of the impact on residential…
Read More » -
Property Wise Launceston Recognised for Excellence
PropertyWise, a specialist property management business in Launceston, has been nominated as one of 17 finalists in Tasmania, in the 2017 Telstra Business Awards in the New Business category. In only its second year of operation, Property Wise Director Sally Shaw says that “Our clients interact with us as business owners of Property Wise Launceston however also as investors ourselves.…
Read More » -
Kingscliff agent runs open home in Mona Vale from 800km away
Ray White Kingscliff’s James Shugg turned to outside the box thinking when his mother decided to put her home at 6/125 Darley St West, Mona Vale in NSW on the market. “I said to mum, ‘I can sell it for you’. I can sell it by negotiation and I can get there by Facebook’s FaceTime. It’s easy, all we need…
Read More » -
Survey finds 7 out of 10 Australians believe market for Airbnb is growing
The quarterly report released by And Chill Property Management – Australia’s leading Airbnb management agency for property investors – is derived from survey responses from 1,200 individuals across Melbourne and Sydney. The Short Stay Confidence Index report examines the sentiment around the growth of the Airbnb market as well as the willingness for property investors to list their homes on…
Read More » -
NCAT: Obedience To the Unenforceable
According to a recent decision of the NSW Court of Appeal, the rights and obligations of tenants and landlords may be unenforceable where one of the parties live interstate. This comes down to the fact that the NSW Civil and Administrative Tribunal is fully a part of the executive branch of the NSW Government, and therefore it seems that it…
Read More » -
Movinghub: Create Your own Branded Utilities Connection Company in Minutes
In 18 months Movinghub.com.au has created 600 Utility Connection brands across Australia and New Zealand. Having your own utilities company, they say, is fast becoming a popular way to help your customers move home and/or switch providers. Movinghub is setting a leading standard using technology used by brands in Australia such as Ray White Home Now, Origin Energy, Guardian Real…
Read More » -
Can Lock Boxes help your agency manage keys better?
If you have ever been on holidays and rented a self-contained apartment or house, you might have encountered a lock box at the property for collecting keys. They are ingenious little contraptions that are making their way into mainstream real estate practices throughout Australia and New Zealand. Our realtor friends in the US have been using them consistently for years…
Read More » -
PM Pioneer Leah Jay Reaches Summit of Mount Everest
Property management pioneer, Leah Jay, has completed a climbing expedition to the summit of Mount Everest. The climb marks another victory in her attempt to climb the ‘seven summits’ – the highest peaks on each of the seven continents. Mount Everest, which stands at 8,848 metres high, is the world’s tallest mountain. This is the sixth summit that Leah has…
Read More » -
Real+ Expands Service Offering to Outsourced Trust Accounting
Dynamic real estate agency service provider Real+ is now offering yet another way for clients to realise greater efficiencies in their businesses by outsourcing trust account management. The company, which has an established reputation in the industry for its training, coaching and recruitment services, has just set up a new business division, Real+ Outsourcing, to provide the service. Real+ Outsourcing…
Read More » -
Rentvesting – a triple play opportunity for the entire agency
Is it possible to turn a buyer into a landlord and then a tenant in the same transaction, and help them save a dollar in the process? BMT Tax Depreciation believes that many new investors pursuing a strategy of ‘rentvesting’ may be leaving thousands of dollars of legitimate tax savings on the table by not using tax depreciation. Working with…
Read More » -
Vacancy rates tighten in Sydney while Airbnb has a win
Residential vacancy rates have fallen across the Sydney market led by solid falls in availability in Middle Sydney, according to the Real Estate Institute of New South Wales. REINSW President John Cunningham said the March 2017 REINSW Vacancy Rate Survey saw the Sydney metropolitan market down 0.2 per cent at 1.7 per cent. “Middle Sydney led the fall in rental…
Read More » -
Australia called on as property management leaders
RE/MAX LLC, headquarters of the world’s number one real estate brand, invited three Australians to deliver the first-ever property management session at its 2017 R4 Convention in Las Vegas, which attracts more than 6000 delegates each year. Facilitating the session was Justin Miller, Co-Owner and Property Management Director, who heads up the property management division at RE/MAX Regency on Queensland’s…
Read More » -
Airbnb vague about its plans on long-term leasing
Airbnb has no immediate plans to offer long-term rentals just yet after a Bloomberg report said it was conducting due diligence on the matter in hopes of providing the service to the market soon. In a statement to Elite Agent on Friday, an Airbnb spokesperson said: “Examining different parts of the market is standard operating procedure, and we don’t have…
Read More » -
Rent.com.au’s property listings now showcasing NBN status
Australia’s specialist website for rental property, Rent.com.au has started showing NBN status for its listings. Rent’s chief executive Greg Bader said that including the current NBN status for each property listing was in response to demand from renters. “Our customers have been asking for this. While NBN information is already available via the NBN website, it is a cumbersome process,…
Read More » -
Smoke Alarm Solutions to empower property management leaders at ALPPPS
Smoke Alarm Solutions (SAS), one of the largest providers of smoke alarm compliance and maintenance services to the Australian real estate industry, is coming on board at ALPPPS 2017 to empower property management leaders with smoke alarm best practice. Taking place on 2-3 March, the ALPPPS property management leadership summit helps principals, team leaders and career property managers move mountains…
Read More » -
Rent.com.au launches an industry-first performance-based plan
In an industry ground-breaking move, Rent.com.au has launched their new product Smart Plan – a model to help maximise the advertising of your client’s rental properties, with zero risk, on Australia’s #1 website dedicated to rental property. Under Rent.com.au’s revolutionary ‘leased or free’ model (the Smart Plan), you can list your rental properties with the biggest ads on Rent.com.au with no upfront costs. Best…
Read More » -
Airbnb ventures into restaurant booking app Resy.com
New York-based Resy.com has just received a fresh round of funding worth $13 million from global accommodation portal Airbnb along with the participation of First Data Corporation, RSE Ventures, and Lerer Hippeau Ventures, technology website VentureBeat reports. Founded in 2014, Resy.com, is a restaurant booking platform which offers a consumer-focused mobile app that allows travellers to book tables at great…
Read More » -
Research shows “The Block” and “House Rules” inspires more Aussies to renovate their homes
Research from Roy Morgan has revealed that the number of Australian homeowners refurbishing their properties has skyrocketed in the last three years, all thanks to the influence of popular home improvement programs such as the “Block” and “House Rules”. Close to 8.4 million or 62 per cent of Australia’s 13.6 million proud homeowners have renovated in the last 12 months…
Read More » -
Bondsure records high uptake, just weeks after its launch
Bondsure, an insurance company that provides tenants with an option to pay their bonds on an installment basis been making waves within the real estate industry 10 weeks after its launch in October. The product which is specifically aimed at Australia’s growing tenancy market has had over 80 real estate offices signing up to use its services with more expected…
Read More » -
Changes to Rental Bonds Online (RBO) from 30th January
From 30 January 2017, changes to the Residential Tenancies Act 2010 (the Act) make it mandatory for landlords and real estate agents to invite tenants to lodge their rental bonds using Rental Bonds Online (RBO). The amendment does not change any other provisions in the Act, including those relating to the lodgement and claims for bonds. Landlords and Real Estate…
Read More » -
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…
Read More » -
Harris Real Estate: Investing in Their PMs
Coinciding with last week’s call for changes to SA property manager licensing, Harris Real Estate held its inaugural property management kick start event in Adelaide this week, calling their team to “Gear Up for 2017”. At a time when the level of expertise and training needed to be an effective property manager is being recognised and the numbers of renters…
Read More » -
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…
Read More » -
Rent.com.au Partners with Walk Score®
A recent survey conducted by Rent.com.au revealed that 91 per cent of Australian Renters identified location as their number one criterion when choosing their next home, followed by access to public transport and proximity to the CBD. As location plays such a significant part in the rental search, Rent.com.au has partnered with Walk Score®; a tool that promotes walkable communities…
Read More » -
Keys going missing? Keylog is your answer
We’ve all heard it before: ‘Who’s got the keys?’ – and then people start racing around looking for the missing set. It’s an age-old problem in real estate as so many keys are managed, and keeping track of who is borrowing them can be difficult. The handwritten key book just can’t manage this process any more, given the volume of rental…
Read More » -
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…
Read More » -
Vale Simon Cox
It has been a mass of heavy hearts in the industry this week as we learned of the passing of Coronis Rental Area Leader, Simon Cox, who lost his fight with brain cancer on Thursday, 22 September 2016. Highly regarded throughout the real estate industry, Simon’s career in property management spanned more than 20 years in varying roles from Property…
Read More » -
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…
Read More » -
VCAT determination upholds pets’ rights
Developer Caydon has welcomed a recent landmark determination from the Victorian Civil and Administrative Tribunal (VCAT) that could see the end of blanket bans on pets in apartments, townhouses and units. The determination came after Melbourne dog owner Madison Brewster contested the banishment of her 4-year-old cavoodle Hamish by the owners corporation of the Eaglemont townhouse she rents, despite landlord…
Read More » -
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…
Read More » -
Perth Leasing Market Spikes, REIWA
The Perth property market saw a surge in the number of leased properties in August, with a 17% spike recorded by the REIWA. According to reiwa.com data, the jump in leasing activity for the month was coupled with a 3% drop in the number of properties available for rent. REIWA President Hayden Groves says the rental market in Perth has…
Read More » -
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…
Read More » -
LinkLearn: Why PMs should update to a full licence
Property managers are an extraordinary group, with skills and experience across business development, marketing, accounting, asset management, relationship management…and then there’s crisis and conflict resolution. Many of these skills are learned at work, through work or for the purpose of work, but it can be difficult for property managers to demonstrate their value to potential landlords, or even potential employers.…
Read More » -
Rockend Rolls Out New Benchmarking Tool
I’M PLEASED TO ANNOUNCE a new product which sits within Rockend’s core service offering. Our latest development, realbenchmark, is a cloud-based business intelligence solution for Rockend’s REST Professional clients. The new platform boasts a one-click, highly visual dashboard that allows property managers to easily compare and analyse their KPI data results in one place. Being cloud-based it is accessible on…
Read More »