management rights brokers

To buy a Management Rights business a Residential Real Estate License is required where a Letting agreement is in place. This entails obtaining qualification in 6 of the modules required for a full Real Estate license.
So why not continue with the process and complete the balance of the modules to obtain a full license? This makes sense as it provides a further source of income and gives you some control of your letting pool. The most important asset in Management Rights is the letting pool, so why not protect it.

Over the last number of years the Management and Letting industry has seen a rise in popularity and professionalism. To succeed in Management Rights, managers are required to continually refine marketing, administration and communication skills. Like any business, this can be achieved by ensuring you are surrounded by the right people to provide the right advice on a timely basis.

In purchasing Management Rights, the appointment of a specialist agent is crucial in ensuring you are fully informed with respect to the current status of the market and the changing market conditions.

MANAGEMENT RIGHTS BROKERS provide the most experienced team on the Gold Coast.

I often am asked the question from newcomers to the industry.”Management Rights seems too good to be true, what is the catch?
Well there is no catch. The secret is that Management Rights is a debt free business, that is to say that at the end of each month the manager is paid by the Body Corporate the caretaking salary and reimbursed for any out of pocket expenses.Then when balancing the trust account the Manager is paid commission and any outgoings on behalf of owners BEFORE dispersing funds to investors.
This is the reason banks will lend up to 70% of the purchase price of Management Rights businesses far more than other businesses.
Bottom line MANAGEMENT RIGHTS ARE A DEBT FREE BUSINESS.