By hiring a professional property manager, you can add great value to your rental property investments, which is why so many experienced real estate investors agree that working with a good management company is the best thing. Here are some of the most important benefits that landlords who work with property management companies have:
Risk management is one of the primary concerns that often overwhelm property managers. With legal and administration risks being the most common ones, there are many other risks that almost every organization has to encounter. In the most common risk scenarios, there are three possible strategies that you can follow: Risk Avoidance—You cannot choose risk avoidance if your actions seem too risky. For instance, in situations where a property manager is not purchasing property just to avoid the risks that come with them. Risk Control—Risk control is all about controlling or minimizing the risk by conducting regular inspections just to prevent the development of physical damages. Risk Transfers—It's all about shifting a person's responsibility to another, like your responsibility to the tenant or insurance company. In addition, paper lease, missed calls, property maintenance issues, and other screening issues are all responsible for creating risk. Here are a few risks that are associated with property management:
Every homeowner wants to have a year round blooming garden, which is not a difficult task in Australia. Our guide will help you have an all-season garden that is vibrant, lively, and bursting with colour. By doing a little bit of research, you will learn that there are so many different plants, shrubs, and flowers perfect for each season. The key to having a beautiful garden regardless of the season is knowing exactly what and when to plant. By being informed, you ensure that your garden will be blossoming throughout every season. We know that you are eager to roll up your sleeves and start working on your garden, but first, read our guide for expert tips on how to handle each season. If you are looking to sell or rent your property, you should know that a beautiful garden will boost your house’s curb appeal.
According to a study conducted by Hubspot, more than 90% of businesses confirmed that using real estate technology and social media marketing was essential for their business. Around 80% of them claimed that their efforts considerably increased traffic to their websites.
Do you know what your home is really worth? If you’re thinking of selling then it’s a good idea to book a property appraisal with a local real estate agent
Deciding when is the best time to sell your house requires not only research of market conditions but also,other factors such as lifestyle implications and more
Understanding these property management trends will help you stay competitive and protect your revenue stream. As a property manager you should always be willing to look at the possible changes and new technologies available.
Technology is transforming every industry, and facility management is not an exception. These days’ organizations have realized the importance of investing in the latest tech to establish more efficient ways of collaborating, making work more flexible and improving the overall organizational configurations.
If you're a property manager then its likely you're managing more than one property for your clients. Both the tenant and the owner are extremely important and communication is a key factor for success. Here are tips that can help property managers communicate better with the tenant and the owner.
This release sees new updates that will help you with even Faster Report Editing via the CMS, with the new Area Level Thumbs Up for marking conditions and an improved reporting functionality to Load Reports Faster. Let us know what you think of these new features!
When selling its important to know how much is my house worth. Find out how to value your property and get accurate information from experts and tools available.
Homeowners tend to focus mostly on the interior of their house, but don’t neglect landscaping and gardening, this is also a very effective way to add value
Smart and cloud-based property maintenance software like Bricks+Agent can help property managers streamline their business tasks and improve relationships with less hassle.
So, you want to attract millennials, bring them on board and infuse the real estate industry with young talent and new ways of doing business? Follow these tips to start attracting them today.
Bricks + Agent is changing the way property managers, landlords and tenants work together. New cloud property maintenance software will maintain workflows, improve efficiency, store and secure data to save you lots of time.
Blockchain is everywhere! Whether you want to buy your favourite dress online or want to book a hotel room, you’ll see blockchain in every domain. And, real estate industry has no exception!
If you are selling or buying property you should consider hiring a conveyancer or a settlement agent to help you with the legal aspects of the transaction.
Cleaning the gutters is extremely important for keeping your home in good shape and is something that you can do yourself or hire a professional gutter cleaner.
Social media is powerful, but not everyone knows how to cultivate their presence by using the right network.
A social media strategy can help you improve service, drive growth & help you engage your audience. Here are some tips to help you build relationships with customers via social media:
This week’s Bricks + Agent product release notes includes the release of a new virtual inspections tool for property and facility managers as well as tenants.
The latest partnership will see Bricks + Agent build collaborative working relationships with Places for People and help them to pilot and implement new technology.
This week’s Bricks + Agent product release notes includes the release of a new virtual inspections tool for property and facility managers as well as tenants.
Making a positive first impression on your potential buyers is so important. Follow these 5 curb appeal ideas and get the buyers & price your home deserves!
A tidy garden improves the beauty of your home and keeps you safe. As much as you can keep it clean using the DIY method, it might not be possible if you are busy. You might need to hire a garden cleaner. Garden cleanup cost can be around $45/hr. It depends with the requirements of the job. Sometimes cleaning a garden can be as low as $40/hr or as high as $50/hr. If you need services of a professional garden cleaner, it can cost you on average in Australia $164.84 to complete the whole project. However, this being an average estimation, rates can vary depending on the number of tasks involved.
A property manager must be a skilled juggler of numerous tasks, keeping both landlords and tenants happy. In addition to keeping properties maintained and in good shape, they are responsible for preserving a rental property's value. Although this job only requires a high school diploma, many customers will opt to work with a specialist who has a degree in real estate, finance, or business. We've put together a list of professional qualities a property manager needs hold to make the most out of a successful career.
Do you know who the average Australian property investor really is? Contrary to popular belief, it’s not the super wealthy property speculator buying up rentals left right and centre. In fact it could be your next door neighbour, the one who’s drinking XXXX and firing up the barbie. Don’t believe us? Let’s take a look at some stats to see if we can put together a clearer profile of this person….
Whether you’re a seasoned property manager with an impressive portfolio or a beginner, you want to grow your rent roll and increase your monthly rental income. Right? The good news! Fortunately, there are countless rent roll growth strategies scattered over the web. But the question is what actually works? Which strategies help deliver real results effectively in a hassle-free manner? This article shares several time-tested rent roll growth strategies that really work.
How do you feel about interacting with your home the way you would with a website? In the future your home will know who’s in what room, make your coffee and turn on your lights. It might even choose your clothes for you based on the temperature outside.
Are you planning on remodelling or renovating your house? If you are, you might be considering wallpaper, which has re-entered the style space this year. Available in a wide range of colors, textures, and prints, replacing old wallpaper or installing it in order to improve the property’s overall appearance could add value, attract more buyers and boost your home’s appeal.
Does your job revolve around customer satisfaction? Working in customer-centric industries like real estate, you will come across a lot of people and making a connection with the customer is vital to the longevity of your business. Establishing healthy customer connections is a fool proof formula for generating repeat business. Customers will come to you not just because they love your products and services, but because you offered them a smooth and convenient experience. The experts at Bricks + Agent have compiled a list of tips and tricks for improving customer connections.
If you're on the lookout for a new career path, becoming a property manager might just be the perfect job for you. Now more than ever, people of all ages are renting instead of buying, so the need for good and professional property managers is out there. A career in property management can bring a decent salary, job security, and steady employment, and if you like to work with people, then your success is almost guaranteed.
Cloud-based property management software is considered one of the most popular and powerful tools for many real estate agencies. But while it is quite popular among many businesses, the software can still be quite overwhelming and mysterious to many, which fuels many myths about it.
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