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!
Being a property agent isn’t an easy job. There are a multitude of tasks that you are responsible for. It is only natural for you to overlook a few things. Unfortunately, more often than not, it is trust accounting. Here are 5 common trust accounting mistakes that property agents often make.
In order to find good tenants, property managers must ensure that both the outdoor and the indoor areas of the rental unit are in perfect shape during Summer.
Don’t have enough space in your new property? As small spaces are a part of rental issues, why not learn, how to make the most of your rental space, you have in your property.
In 2018, there has been a lot of debate around technology disrupting the Australian real estate industry. Here are the top-most real estate tech trends that are taking 2018 by storm.
In this digital age, smart buildings are replacing the traditional buildings. Smart buildings are the ones which incorporate automated smart technologies like sensors. It is the digital extension of engineering and architectural services.
The technology used in the new age buildings is the result of better facility management that optimizes the performance of place, making it more productive and energy efficient.
Observe how facility management is transforming the construction process to develop smart buildings.
It’s no news that an essential thing for a property manager is to communicate with landlords and tenants effectively and to solve their issues promptly.
Rental property improvements need to strike a good ratio between cost and value. Here are some rental improvement projects that will yield a high return.
Repairs and maintenance to rental propertys are one of the most common issues that cause legal disputes between landlords and tenants. As the mediator, property managers need to know and educate both tenants and landlords on whose responsibility it is to fix repairs and maintenance issues.
Routine inspections are a big part of a property manager’s day to day job. Along with the millions of other tasks they’re expected to complete, it can be tempting sometimes to rush inspections and assume everything is fine. No doubt this can often lead to some serious problems down the line, especially if tenants are hiding/performing questionable or illegal substances or behaviour. You can never be too careful when it comes to routine inspections. At Inspection Manager we compiled a list below of red flags or warning signs as a property manager to look out for when completing a routine inspection.
Staying connected with your tenants and building a trusting relationship is key to having better tenants, maintaining well-kept rental properties and being updated with any issues/problems on a rental property right away. Kelly, a Property Manager from LJ Hooker says “The best way to maintain well-kept rental properties with minimal issues is to form more trusting and better relationships with your tenants. Staying connected with check-in messages or calls to tenants is one step closer to a more transparent relationship.”
Routine inspections allow you to identify and address any maintenance or repair issues. This gives landlords peace of mind, knowing their valued rental properties are being maintained and carefully managed. The details recorded at routine inspections are also used as evidence in disputes between landlords and tenants. Therefore, in order to serve their purpose, routine inspections should to be done thoroughly and competently. At the same time, routine inspections don’t have to be a difficult process.
Property managers, do you feel like your work is always following you wherever you go? Even when you’re not physically taking your work home with you, it’s always on your mind 24/7. Work-life balance is a common struggle for property managers and a lack of boundaries often leads to burnout.
Copying, filing, searching, retrieving, refiling, sending, mailing and faxing… on average a property manager spends 20% of their time on paperwork. If you’re tired of doing things the hard way, you’re not alone. Many property management agencies have converted to/created a paperless office and have never looked back since. While the change may seem intimidating at first, here are some compelling reasons why your agency should create a paperless office today.
Being a Property Manager is hard work – you’re always juggling a dozen different tasks on a hectic schedule. Sometimes it’s so easy to get caught up in day-to-day commitments that you forget to focus on the bigger picture -where your career or business is heading. Attending a conference is the perfect way to receive some much-needed inspiration and motivation. There’s no better way to stay informed and network with experts in the property management industry.
What helps improve your property management skills? According to industry experts, it’s about avoiding a few common pitfalls. If these are overlooked, they may escalate into major problems, and can cause serious damage to your performance and wellbeing.
If you are a property owner or a property manager you've probably heard the line "I can do that for half the price." more than once. However, hiring someone who does not have a licence in order to save money is usually an extremely disappointing experience. If you are new to property management you might ask yourself "Why hire a licenced contractor when an unlicenced ‘tradie’ can do the same job for less?" In this article, we will provide the answer to this question and we hope that you will understand the importance of always hiring licenced tradies. A tradesman who undergoes certified training in order to get a licence is usually committed to their trade. By investing their time in learning and developing the necessary skills to get a trade licence, the tradesman guarantees that he can provide quality work. When hiring someone for a job, you should always look at their trade licence and qualifications first. Are they licenced to do the kind of work that you need them to? In some cases, a contractor might have a licence that restricts them to only do certain jobs. For instance, a licenced residential builder will usually have the necessary skills to do all sorts of tasks, but he might be restricted to doing a specific job such as decking. By checking their licence and registration you should be able to tell exactly what the contractors can do. Did you know that for certain jobs you are required by law to hire a licenced tradesman? For example, electrical work can only be carried out by someone who has an electrical worker’s licence in Australia.
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.
Mark Haigh is a Property Manager at Little Real Estate. We recently sat down with him to discuss improving team efficiencies, adopting new technology and finding your grove using the new Bricks + Agent property maintenance solution.
Being a self-managed property manager is more often than not a very profitable and rewarding experience. However, for someone who is new to the rental industry, managing a rental property can be quite difficult. If you find yourself in this situation, take the time to learn the ropes.
Whether you hire professional contractors, do it yourself, or combine the two, managing the regular maintenance of a rental property is an important part of being a landlord. Additionally, if you are a property owner you must also make sure that the rental property is up to code and in great shape for tenants.
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.
Do you need a garden pond in your home? It is possible to build one with any budget depending on the design of your choice. There are many garden pond designs that you can choose from to suit all types of budgets. The cheapest way to building it is using the DIY method. However, the DIY approach is for small ponds. You might need the services of a landscaper if you plan to make a big garden pond.
By using a property management platform, you can also improve your team’s performance, have an organised database, and keep your clients and tenants happy.
From managing vital documents to communicating with owners and tenants, a property manager is responsible for a multitude of everyday tasks that are key to the success of a real estate agency. Bricks + Agent may very well handle all the issues. Here are the three risks you may face if you are not already using a cloud-based system.
Lease management software handles multiple property management aspects like buying, leasing, renting and selling of properties and are jam packed with features to improve efficiency on the job. The team at Bricks + Agent have put together some of the most important features that help to streamline the leasing process.
Managing tasks have just gotten a lot easier for tradespeople. By using Bricks+Agent, leading property maintenance software, tradespeople in all fields can manage and grow their business significantly.
Due to the ever-changing nature of the market,it's very important for Airbnb/Vacation Rental owners and managers to maximize their units’ earning potential.
Responsible borrowing and financial management can be the best way of paying off renovation debt. This guide will explain how to finance your home renovations and pay off the renovation debt.
For tenants, property managers who promise one thing and deliver nothing is unacceptable. As rental prices increase, so too do tenants' expectations on what exceptional customer service looks like. If you want to avoid these start using some of the tips above, and keep your tenants happy.
