News and Blogs
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 their market share more aggressively through acquisition…
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 the industry. And yes, it has an impact upon the Commercial Real Estate Industry…
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…
Variable outgoings – how best to manage and reconcile them
News and BlogsVariable outgoings – how best to manage and reconcile themFor 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...
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
News and BlogsReal Estate Licensees’ guide to navigating trust account risksLicensees 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...
Avoiding the pitfalls when changing Property Management software
News and BlogsAvoiding the pitfalls when changing Property Management softwareThe 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...