Rental Market Analysis (RMA) is a must for property managers. Gain insights into the market and prepare for current as well as future opportunities and challenges. Without these valuable insights, life as a property manager will be an uphill battle.
The kitchen is the heart of the home. If you have to renovate your kitchen on a budget there are plenty of cheap makeover tricks you can use to boost your kitchen
Whether you are looking to sell, to lease, to host an event, or just to improve your quality of life, we help you remodel your house for less than $2,000.
Commission is a fee that is paid to agents. Real estate agent commission varies in Australia so its best to do research when choosing an agent to sell your home
Competition is fierce in real estate & you need to choose marketing strategies that expose you to many potential clients. Follow our 7 effective strategies
Considering all the time and money you pour into your property, choosing a rental property manager is crucial. Have you asked candidates these questions?
Choosing good tenants is not an exact science, and oftentimes, tenancy applications are refused for a variety of reasons like bad credit or bad references.
Electricians require a licence by Australian standards. But how will you choose the right electrician? Here's 5 things to consider before hiring an electrician.
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.
We spoke to co-founder, Rafael Niesten about his experiences at the Startup Grind Global Conference and where leaders need to focus in order to drive the success of their business.
We spoke to co-founder, Rafael Niesten about his experiences at the Startup Grind Global Conference and where leaders need to focus in order to drive the success of their business.
Compared to some professions, the skills needed for successful property management aren't as straightforward. In this post, you'll learn all about the various aspects that make up the skill set of an amazing manager.
When preparing your property for sale, consider the best ways of creating an engaging first impression. We tackle the professional vs DIY debate for photography
Today, technology like cloud computing, document scanning, and organisation of files are making things feasible and affordable for small and large businesses. If you are a property manager, dive in to know how going paperless can help you:
The new GDPR policy applies to all companies who possess client personal data, and property management is one of them. So, whether you are a property manager or a real estate agent, here’s what you need to know about GDPR.
General cleanliness and repairs are a few of the things property managers look at during inspections. See all the aspects that are important to look at.
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.
When listing your property for rent, think of the type of audience you want living in it first! While you will feel like considering a lot of people before choosing a selected audience and demographic, it will help to keep the types of people who are not suited to your property at arms length. Once you have your target audience, its time to consider what types of things they need and want from a rental property, and how you can provide it to them. But who are your ideal renters? The experts at Bricks+Agent have put together some steps to help you target your audience.
After construction workers are done with the last touch-ups and before the owners arrive, every construction or renovation site requires a building clean-up, or builders’ clean. During a builders’ clean, a professional cleaner or cleaning crew ensure that the building is in top shape and that all the debris has been removed. Clean-up workers that are specialised in construction sites can offer work in commercial, industrial, and residential settings. Some cleaners will also provide clean-up services during the renovation or construction process. In Australia, a building clean-up specialist has an average hourly rate of $35.50. The construction clean-up rates may go up to as much as $41 per hour depending on different aspects like the size of the building, the surface that needs to be cleaned, the complexity of the cleaning job, and the additional tasks that need to be handled.
An arborist is a contractor that is specialised in the care, maintenance, and removal of trees and shrubs. An aborist knows what trees require and has the necessary equipment to provide proper care. Hiring someone to take care of trees is not a very popular thing, as people can be somewhat reluctant to paying someone for this service. However, taking proper care of trees is highly recommended, as trees that are well-cared for can boost the curb appeal of your property. Diseased trees, on the other hand, can be a liability to property owners as they invite pests and can damage your property during extreme weather. Most people tend to prune or remove trees on their own, without hiring a professional arborist. Removing trees, especially large ones, can be dangerous and you run the risk of injury. Without proper safety equipment, you put your life and home at risk.
Your roof protects you from weather. While it is safe to say that most types of materials that are used for roofing can enhance the overall aesthetic of your home, some of these materials might be more appropriate for your climate or for your budget than others. If you are considering selling or leasing your house, repairing any damage to the roof or guttering is something to consider. Repairing your roof or replacing the damaged tiles you will add value and boost the curb appeal of your house. The roof is often a neglected part of a house. It's not until you notice leaks that you realise just how important the exterior of their house can be. If, on the other hand, you are building a new house, or simply renovating and you think re-roofing is necessary, then you need to know all the available options. With so many options available on the market such as clay tiles, asphalt shingles, wood shakes, or steel panels, choosing roofing material might be a challenging process. There are a wide range of materials available to homeowners so choosing the right ones might depend on your budget, needs, climate, and personal preferences. Here are some of the most popular materials and the advantages and disadvantages associated with them.
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
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.
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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