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Search results for “Never Ever Give Up”

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In: Accounting and Finance, General Interest

Contributed By: Mike Phipps Finance on

I guess I should start this month’s massive with a welcome to 2023. Doesn’t seem that long ago that we were stressing about the Y2K bug and now here we are, 23 years later. For those of you too young to remember, the bug was essentially a “the sky is falling” event predicated on an expectation that computers worldwide would be unable to cope with the year 2000 due to recognition software that only identified the last 2 numbers in a year. The fear was that 2000 and 1900 would be indistinguishable to computer systems and all hell would break loose. The global spend toRead More →

In: Real Estate

Contributed By: Nick Buick on

We have received a lot of feedback recently from our managers that Premier Sales Upgrades on RealEstate.com.au are very expensive (well, yes, no kidding!). There’s 4 reasons for this: Firstly, yes, Premier upgrades are the top level of upgrade and so they command a top level price. This can be problematic when you’re an onsite manager selling low-cost product like half million dollar apartments and competing with agents selling five million dollar houses. Secondly, a lot of franchise agents are on Premier All plans. These make premier listings orders-of-magnitude cheaper for such agents – and again when they are raking in fifty grand in commissionRead More →

In: Facilities Management, General Interest

Contributed By: Nick Buick on

Since I was involuntarily thrust into this industry 15 years ago, I have long concluded, and thus argued that onsite managers make ideal candidates for investment property management. Onsite Managers live on site (ya don’t say, Nick?) and have invested on site so they have a vested interest in ensuring quality tenants are selected for the property. They keep maintenance costs low without the need for costly call-out fees for basic issues. They know the building intimately, being privy to the body corporate committee’s wishes and also the rental demand inside the complex and the area as a whole. A good onsite manager, armed withRead More →

In: Landlords, Tenants, Renting and Management

Contributed By: Nick Buick on

There is a VERY strong mentality amongst onsite managers, that upgraded listings are expensive. I hear it every day. I get managers calling me up telling me they desperately need to find a tenant, and they’re losing rent, and when I explain the very simple solution is to boost exposure, they balk because of the ‘high cost’ of an upgrade. This is wrong-headed thinking and not the correct way to approach marketing. Marketing doesn’t cost money, marketing saves money!!! Good agents know this. The average real estate agent commits hundreds of dollars EVERY MONTH on EVERY RENTAL LISTING to market them. In fact most realRead More →

In: Accounting and Finance, General Interest, Motels and Hospitality

Contributed By: HiRUM on

Article originally appears on the HiRUM industry blog What is bundling? Bundling is the term used when property managers roll all of their management services into a single, ‘overall’ commission fee, rather than charging owners a separate amount or commission rate for each sub-service. For example, as a property manager, you would traditionally charge your owners for the below services, as dictated by your body corporate agreement: Management fee: 12% of gross tariffs Marketing fee: 3% of gross tariffs Merchant fees: 2% of gross tariffs Housekeeping fees: $40/clean Linen costs: $3/bed/booking Guest amenities: $10/guest Spring cleaning: $250/year Foxtel: $35/month PABX: $30/month Normally, these charges wouldRead 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: General Interest

Contributed By: TheOnsiteManager on

We’ve made a lot of new site enhancements this week on TheOnsiteManager.com.au that I wanted to point out to our users. Shortlist Upgrade The site has had a shortlist system for several years, but we’ve given it a full overhaul now. Every listing has a prominent shortlist link that will instantly store any listing you like the look of, in your own private shortlist. You don’t need to be logged in, you don’t even need an account, the shortlist is stored in a cookie so it will be there waiting for you any time you return to the website from the same computer, even ifRead More →

In: Accounting and Finance, General Interest, Legal, Real Estate

Contributed By: Archer Gowland Redshaw on

Hi Readers, You will note that we released a Special Interim Edition Newsletter last Wednesday to provide some commentary surrounding current global events and its impacts. With this, I wanted to write a further piece, in response to some topical issues which have arisen and questions we have received following last week. Thanks to everyone who provided feedback on last weeks’ release. I appreciate the comments and please don’t hesitate to continue to send through questions or topics you would like to get some clarity / answers on. In addition to my monthly Chairman’s Commentary, we will endeavour to add some of these single, smaller style pieces intoRead More →

In: Accounting and Finance, General Interest, Legal

Contributed By: Archer Gowland Redshaw on

Welcome to AGR’s February 2026 Insights Newsletter. For this month, we have focused our articles on the Transport & Logistics sector, which included in this newsletter for ease – provide commentary on “Growing your Transport Fleet through Tough Times” and “Leasing or Buying – Structuring Heavy Vehicle Fleet Renewal“. We have also included some general Advisory pieces for those clients not specific to the Transport industry. My Commentary for February The RBA did not take long after the December 25 Quarter CPI numbers were released to increase official interest rates. A 25-basis point rise at the start of February. Pundits are suggesting more rises will occur unlessRead More →

In: Uncategorized

Contributed By: Mike Phipps Finance on

“My life has been full of terrible misfortunes, most of which never happened”Michel de Montaigne This time of year, my habit is to publish a few observations regarding the year just passed. I usually intersperse these pithy remarks with some crystal ball gazing and a dose of scepticism for good measure. Not this year my friends. It’s now 25 years since we welcomed in the millennium and we now find ourselves at quarter time in the 21st century. What an opportune moment to look back at the events that have shaped us over this past two and a half decades. Given the scope of theRead More →

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