Powered by MOMENTUM MEDIA
realestatebusiness logo

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

news image

$10bn housing fund: Labor hits back in budget reply

May 14, 2021Grace Ormsby

Australia has a once-in-a-century opportunity to address the housing crisis, according to the federal Opposition Leader. ...

REB_top100agents
top 10 agents

1

Alexander Phillips

Year of Experience: 21

Support Staff: 3

Residential Property listings secured: 241

Total Value of Residential Properties Sold:

$ 706,737,500

VIEW COMPLETE REPORT

Have you experienced sexual harassment or bullying in the workplace?

Yes, I've been the victim of sexual harassment (15.8%)
Yes, I've been the victim of workplace bullying (21.1%)
No (63.2%)

Total votes: 19
The voting for this poll has ended on: April 30, 2020
TECH MARKETING SALES BETTER BUSINESS PROPERTY MANAGEMENT
Tiktok smartphone reb To TikTok or not?

Not enough agents are looking beyond the social media giants of Facebook and Instagram to build up a following, accordin ...

apartment letterbox reb Why you may want to rethink that letterbox drop

Letterbox drops are still one of the more popular ways for agents to market themselves — pipped only by social media ...

Peter Gibbons reb Proptech sets sights on ASX listing — and North ...

Openn Negotiation has revealed plans for a $9 million initial public offering (IPO) and a subsequent listing on the ASX. ...

Damian Portaro reb The secret to handling 400+ buyer enquiries each w ...

The realisation that it’s simply not possible for real estate agents to handle buyer enquiries over a certain threshol ...

Emma Ryan The 2021 federal budget special

This special edition of Secrets of the Top 100 Agents sees Grace Ormsby sit down with Emma Ryan to unpack the 2021–22 ...

Kylie Walsh 2 reb 588f The WIRE: How to run a profitable and scalable bus ...

Kylie Walsh sits down with Grace Ormsby and Sadhana Smiles to talk about all things business, agency leadership, social ...

Linda Gulabovska Making a mark in the property management space

This episode of Secrets of the Top 100 Agents sees Grace Ormsby joined by one of Australia’s best property managers, L ...

Sally ONeill The WIRE: Why you shouldn’t sweat the small stuf ...

This episode of The WIRE sees top-selling agent Sally O’Neill join Grace Ormsby and Sadhana Smiles. ...

Emma Ryan The 2021 federal budget special

This special edition of Secrets of the Top 100 Agents sees Grace Ormsby sit down with Emma Ryan to unpack the 2021–22 ...

Kylie Walsh 2 reb 588f The WIRE: How to run a profitable and scalable bus ...

Kylie Walsh sits down with Grace Ormsby and Sadhana Smiles to talk about all things business, agency leadership, social ...

Linda Gulabovska Making a mark in the property management space

This episode of Secrets of the Top 100 Agents sees Grace Ormsby joined by one of Australia’s best property managers, L ...

Sally ONeill The WIRE: Why you shouldn’t sweat the small stuf ...

This episode of The WIRE sees top-selling agent Sally O’Neill join Grace Ormsby and Sadhana Smiles. ...

Positive Mindset in Business reb The impact of a positive mindset in the business o ...

Let’s be real: running a business or an office is stressful. Here’s a quick rundown of some insights on keeping yo ...

Cameron Black reb Lies and statistics: Has the property market actua ...

It seems like there has been a huge change of sentiment in the last month as a confluence of factors has come together t ...

short 850x400 june2019 How to get that big win

Getting a big win is more than just sales. It involves strategic planning and setting goals, according to real estate bu ...

MeganSmith 050719 cropped Ray White’s Megan Smith sells $14m property in B ...

Ray White Balmain sales dynamo Megan Smith has sold one of the most expensive houses in Australia this year, with the pr ...

REB Masterclass property management team 2021 Should PM experience be a prerequisite for the job ...

The best team members aren’t necessarily found from within the real estate industry. Three business owners share their ...

Brisbane CBD new reb Number of COVID-19 rental protections to remain in ...

Queensland has recently extended some of its COVID-19 tenancy measures while ceasing others. Here’s what you need to k ...

lending australian money reb Lending restrictions to blame for undersupply: PIP ...

The current rental undersupply was years in the making — a result of the lending restrictions that were implemented i ...

Canberra aerial reb Canberra gives renters ‘2 extra months to settle ...

The ACT government has re-extended its deadline for tenants to pay up any outstanding rental debts post-COVID-19. ...

EVENTS
REBAWARDS Listready
Real Estate Business Awards 2020

The REB Awards is the benchmark of success in the Australian real estate industry. It reflects not only the business astuteness of the country’s leading real estate operators and networks..

Learn more >
Do you have an industry update?

Doggone it: Stats show going ‘pet friendly’ is not so fraught

24 October 2017 Sharon Fox-Slater

Australians have one of the highest rates of pet ownership in the world, yet not many rental properties accept pets. So, the debate continues about whether or not it is a good idea to allow pets into rentals.

A recent survey by Animal Medicines Australia found that 5.7 million households had at least one pet. Roy Morgan Research, back in 2015, found that more people lived with a pet than with a child. However, only around 10 per cent of rental properties accept pets.

There are plenty of pros for allowing pets into rentals, from opening up the rental pool (and the flow-on benefits which may include longer leases, higher rents and better care of the property) to the positive impact that furry and feathered companions can have on the health and wellbeing of tenants.

Advertisement
Advertisement

But there are also some cons; chief among them being the fear of damage caused by a four-legged occupant.

If you are weighing up the “will I” or “won’t I” when it comes to going pet friendly, our claims statistics may help you shift to the former. Our numbers suggest that allowing pets into your investment property may not be that scary after all!

Since introducing pet damage cover in February this year, we’ve received just one claim — and that has more to do with an irresponsible owner than a bad pet.

After vacating the property owing unpaid rent, it was discovered that the tenant’s dog (which was noted on the lease agreement) had caused damage inside the home. Destroyed carpets and scratched skirting boards in the bedroom, where (it was suspected) the dog was locked while the owner was out, resulted in a pet damage claim of $5,500. A further $3,500 for loss of rent was also paid.

Despite this one claim, two-legged occupants are responsible for the vast majority of accidental (and all malicious) damage to rentals. Between January and June this year, some $6 million worth of tenant-related damage claims were lodged.

Another claim for malicious damage was settled for $14,750 after a tenant took their anger at being given an eviction notice out on the property. The tenant fell into arrears, prompting the agent to issue a termination notice. Having received the notice, the tenant not only ceased caring for the home but deliberately inflicted damage.

When possession of the property was returned to the agent/owner, there were holes in all the internal doors and in the majority of the walls, stained and cut up carpets, and the kitchen cabinet doors had been wrenched off.

Both claims highlight how important it is to be diligent when reviewing potential tenants. Reference checks on both human and furry occupants are a must. A call to the former landlord or property manager to get a feel of both the tenant and their fur babies is often a good start, and more in-depth investigations should also be carried out.

Vetting prospective tenants carefully may not be fool-proof, but it can help mitigate risks and allay concerns. And of course, knowing that your investment is protected with insurance that covers pet damage too does provide a great deal of extra comfort.

Doggone it: Stats show going ‘pet friendly’ is not so fraught
sharonfoxslater 250x250 jun2017
lawyersweekly logo
Sharon Fox-Slater

Sharon Fox-Slater

Sharon Fox-Slater is the Managing Director of EBM RentCover, which protects more than 150,000 rental properties across Australia. She commenced a role with EBM back in 1993 and was part of the core team that helped launch one of Australia’s first landlord insurance policies into the market. She was also the first woman in Australia to complete the Advanced Diploma in Insurance Broking, and is well equipped to educate property investors and property professionals about the value of aligning with a specialist landlord insurance provider.

Do you have an industry update?
REAL ESTATE BUSINESS NEWSLETTER
Ensure you never miss an issue of the Real Estate Business Bulletin. Enter your email to receive the latest real estate advice and tools to help you sell.