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Search results for “Unit owners and Guests not in your Rental Pool”

You are browsing the search results for “Unit owners and Guests not in your Rental Pool”

In: ARAMA, Facilities Management, General Interest, Landlords, Tenants, Renting and Management, Real Estate

Contributed By: ARAMA on

I’d like to remind ARAMA members again that the industry survey conducted by international accountancy group Deloitte demonstrated better returns for owners from properties managed under the Management & Letting Rights model. Overall, the survey responses indicated that a resident manager acting in the role of an on-site letting agent delivers a better weekly rental return than an outside agent. The Resident Manager also performs the caretaking functions in a more cost-effective manner when compared to other professional outside alternatives. The Deloitte Survey is available as a four page fact sheet to members from the ARAMA website library. One of the most striking outcomes fromRead More →

In: ARAMA, Facilities Management, Motels and Hospitality

Contributed By: ARAMA on

If you came into the business of management and letting rights (MLR) because you saw an attractive balance sheet but have solely focused on the maintenance of gardens and not on the importance of marketing, then you have not set down the road for success. Our business is referred to as ‘Management and Letting Rights’ for a reason. That is the resident manager has a dual role as both a caretaking service provider and an onsite letting agent. This dual role  provides an opportunity to market services to a number of different target markets.   To define, a target market ‘is a group of existingRead More →

In: Landlords, Tenants, Renting and Management, Motels and Hospitality

Contributed By: HiRUM Software Solutions on

ARTICLE ORIGINALLY APPEARED IN HIRUM INDUSTRY BLOG Unless you’ve been living under a rock, you would have seen the quick rise of private letting channels such as Airbnb, Stayz and HomeAway. If you’re the owner of a management rights business, you may not be their biggest fan. Disruptive companies, in any industry, often cause issues for existing operators within that industry. In the case of property management, you may be worried about losing properties in your letting pool to owners wishing to let privately, or you may have had bad experiences with the guests or bookings from these channels. Whatever it may be, this articleRead More →

In: Body Corporate, Facilities Management, General Interest, Landlords, Tenants, Renting and Management, Motels and Hospitality

Contributed By: TheOnsiteManager.com.au on

A few weeks ago we published an article exploring why onsite managers might want to consider jumping on the AirBnB bandwagon. It featured a number of pro-AirBnB comments we’d received from our members, many of which centred around the positive effect it had had on their revenue. But on the other side of the coin, we also received a substantial response from the opposing camp. The picture they painted was far from rosy – in fact the overall impression was that, as this article’s slightly sensational-sounding headline might suggest, AirBnB and strata living might never be able to peacefully coexist. This isn’t to say thatRead More →

In: Body Corporate, Landlords, Tenants, Renting and Management

Contributed By: TheOnsiteManager.com.au on

It’s been nearly ten years since the launch of AirBnB, and five years since it arrived in Australia. Much like Uber before it, the home-sharing platform’s grand promise to democratise the hotel and holiday rental market has brought with it a lot of problems – especially for hosts’ neighbours, bodies corporate, real estate agents, and of course onsite managers. We decided to explore onsite managers’ sentiment around AirBnB, so we reached out to our members and asked them to share their thoughts and concerns. This article is the first in the series. To kick things off, we looked at the pro-AirBnB side: those who haveRead More →

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