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Is Your Commercial Property Management Business Sale Ready?

In recent times many commercial property management rent rolls have been changing hands. As long time commercial real estate agents look to change direction in their lives and perhaps play a bit more golf, many new and existing agency businesses are looking to grow...

How digital disruption is changing the face of Commercial Real Estate

It is a fast paced world we live and work in. Not a week goes by when we’re not shown some advance in robotic technology, consumer advantage, a new app to save lives, or more. This digital disruption, how technology is changing our lives, impacts upon all levels of...

7 Most Common Mistakes Made in Commercial Property Management

Having supported Commercial Property Managers for over a decade through a trust accounting business, I thought there would be value in identifying some of the most common areas where mistakes have been found. Good trust accountants identify and correct the mistakes...

Variable outgoings – how best to manage and reconcile them

For the uninitiated, variable outgoings (VOs), also called operating expenses, outgoings or common area maintenance (CAM) as they are called in the US, are charges to a tenant that are recoverable as per their lease agreement. They relate to general or common area...

Positioning your Commercial Property Management Business for Sale

For decades the size and profitability of a Commercial Real Estate Firm’s property management business has been at the core of the overall agency’s value.
Many partners and directors of these companies see their commercial rent roll as forming part of their retirement plan or superannuation, should they ever decide to sell completely or sell their shares internally to the next generation of property professional.

Real Estate Licensees’ guide to navigating trust account risks

Licensees have a special responsibility towards trust accounts which are strictly regulated by state laws. Licensees are entrusted with the obligation of managing bank account funds on behalf of others, hence the term ‘trust account’. It is thus important to be...

Avoiding the pitfalls when changing Property Management software

The below article will help you navigate the minefield of considerations in converting property management systems. There are a number of factors to consider when deciding whether to change property management systems (PMS). Some of these might be overcoming...

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