News, views and industry trends
Standing out in real estate: Why AI isn’t the real threat
The real estate industry has spent the last few years in an almost obsessive conversation about artificial intelligence. Every conference agenda, podcast, and LinkedIn thread seems to revolve around the same questions: Will AI replace agents? Will AI…
Real estate trust accounting: Rules, best practices & software solutions
Managing client funds in real estate requires precision, transparency and compliance with strict regulations. Unlike general accounting, trust accounting comes with specific rules designed to protect client money and maintain confidence in real estat…
Are property management fees tax deductible? A complete guide
Property ownership can generate consistent returns, but it also involves ongoing costs. One of the most significant expenses is the fee you pay to a property management company. These professionals handle rent collection, tenant communication, mainte…
Property management chart of accounts: A complete guide
Managing property finances requires more than collecting rent and paying bills. To make informed decisions, you need a structured way to record, organise and report every financial transaction across your portfolio. This is where a chart of accounts …
What is in the agency agreement?
An agency agreement is a legally binding contract between a real estate agent and a client. It outlines essential information about the property, the service being provided, and the terms of engagement. Key information that usually appears in an agen…
What is a trust account and how does it work?
Managing financial responsibilities in real estate involves more than just rent collection and maintenance. A critical component is how you handle funds that do not belong to your business. For that, you need a clear understanding of trust accounts. …
EOFY toolkit for property managers
We’re counting down the days to the End of Financial Year. While property managers don’t exactly look forward to this time of the year, we can all agree that preparation is key to achieving a less stressful situation come 30 June. To help you tick ou…
What is planned preventative maintenance?
Planned preventative maintenance (PPM) is one of the most effective strategies for maintaining the value, safety, and functionality of any property. Whether you’re managing a single building or an entire portfolio, PPM helps you get ahead of is…