management rights brokers

Management Rights Managers should be aware that when selling their Management Rights business records of the Trust Account for up to 5 years must be left as business records for the incoming managers.
It should also be noted that in accordance with current legislation all Authorities to Act (PAMB Form20a) must be transferable, either by way of a new authority to act or an amendment to the current form. If you are not familiar with the legislation we would be only too pleased to give details.

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Over the last number of years, the Management & letting industry has seen a rise in popularity and professionalism - from the managers and external consultants point of view. To succeed in Management Rights, managers are required to continually refine marketing, administation 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.

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Forget interest rates world downturn, property prices, these bulletproof businesses provide a unique opportunity to run a very rewarding debt free business from your home. We at Management Rights Brokers specialize in finding the right business to suit YOU.

MANAGEMENT RIGHTS. A HOME WITH AN INCOME!

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.

Management Rights Managers should be aware that when selling their Management Rights business records of the Trust Account for up to 5 years must be left as business records for the incoming managers.

It should also be noted that in accordance with current legislation all Authorities to Act (PAMB Form20a) must be transferable, either by way of a new authority to act or an amendment to the current form. If you are not familiar with the legislation we would be only too pleased to give details.

Management Rights has proven over the years to be a successful business. Many couples have been involved in the Management Rights Industry for 25-30 years,  they have bought the Management Rights, built it up over a few years, then sold their Management Rights, then after a break of a few months, have purchased another Management Rights, this has become a regular pattern for them.
 
If owning a successful and enjoyable business is what you desire, then a Management Rights business may be just what you are looking for. We have many Management Rights Businesses currently listed on our website. We would be happy to assist you with any questions you may have about a particular property or about the Management Rights industry in general.

As Management Rights agents we provide a full service to the industry, including support for buyers during the sometimes stressful months of purchasing with the checks on Accountants, Lawyers Financiers, Bodies Corporate to ensure a smooth transition.

We provide after sales service to assist in settling in with advice on problems with licencing, Office of Fair Trading, Body Corporate matters, Accounting, computers, owners and any other problems encountered. Our office stocks trust account receipts, forms 20a, licence applications, Course details and a myriad of other paperwork. WE ARE HERE TO HELP.

It is disappointing that agents outside the industry and other rogue agents, without industry knowledge feed off agents who over many years have worked hard in promoting the Management Rights industry.  If it wasn’t for the ground work of people like Dave Allen in promoting Management Rights both overseas and throughout Australia there wouldn’t be an industry, and that early promotion is carried on today by reputable established Management Rights Brokers.

Here we are well into the new year and it must be time to take stock. We are aware that many Management Rights managers have still not upgraded their forms 20a to include the assignment clause.  This causes serious problems when the Management Rights businesss is sold,  so please look into this.  If you need any help with the paperwork let us know.

Contact us at: Management Rights Brokers 07 5538 5955