Archive for the ‘Tips’ Category

FAQ: How are Disclosure Statements affected by Retail Amendment Act 2020?

The Retail Amendment Act 2020 is now in effect and has been put in place to clarify the obligations of landlords and tenants under retail leases per the Retail Leases Act 2003. We previously covered the changes made to the Building Act 1993 regarding Essential Safety Measures (click here to see post).

One of the amendments included in the Retail Amendment Act 2020 means … Read the full post »

FAQ: What Essential Safety Measures will I be charged for?

With the Retail Leases Amendment Act 2020 now in effect, many retail tenants have found themselves uncertain about the additional costs that they may be charged. The amendments have been put in place to clarify the obligations of landlords and tenants under retail leases per the Retail Leases Act 2003 (which we will cover at a later time); as well as to amend the Building Act 1993 to clarify … Read the full post »

Stop treating your property manager like your ‘enemy’

The real estate issue is more than a problem for just Landlords and Tenants. Property Managers have become forgotten victims in the crossfire of this crisis; with “good mental health” becoming increasingly harder to maintain.
It’s no secret that people do not like real estate agents. This is a fact that we accepted long, long ago. Sales agents, leasing agents, property managers — it doesn’t matter. Our industry is … Read the full post »

What happens if I don’t pay my rent?

COVID-19 has been an economic sledgehammer, smashing through once thought “indestructible businesses” across the world. The ripple effect has impacted almost every industry and crippled most small businesses. We are fortunate in this country to have mechanisms in place so that small businesses and their employees can benefit from our government’s Job Keeper and Job Seeker schemes; it’s somewhat softened a terrible blow. However, with forced lockdowns still … Read the full post »

FAQ: Why have I been charged GST on outgoings?

Water, council rates, and body corporate fees are examples of statutory outgoings that a Landlord pays to operate their premises. Though the Landlord may not have been charged GST for these outgoings, the tenant may be charged GST for the ‘on supply’ of this service. 

Many of our Tenants ask us how this could possibly be correct: surely the Landlord can’t just add GST on top of … Read the full post »

Be comfortable with the Real Estate Agent – not the location of the office.

Potential client: “I would love to hire you as my real estate agent, but your office is not my area”

These words ring like nails on a chalkboard. But you can’t be mad at a client for saying this, it’s the message our industry has been spewing since real estate agents came into existence.
The real estate agent’s office location doesn’t matter …
Every agent knows that an office’s geographic location literally makes … Read the full post »

5 Things That Instantly Grab Buyer Attention When Selling Your Home

When selling your home, it’s critical to remember that you only have moments to make an positive first impression. By the time a buyer has taken their first few steps through the front door, it’s likely that they either envisioning themselves making an offer, or are already wondering how long it’s going to take to drive to the next open for inspection on their list…. Read the full post »