Powered by MOMENTUM MEDIA
realestatebusiness logo

News

16 April 2021 Grace Ormsby

AREC applauds return to live learning

News

16 April 2021 Staff Reporter

Revealing REB’s brand-new podcast

News

15 April 2021 Maja Garaca Djurdjevic

House prices to grow by 25% over 3 years

Website Notifications

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

news image

AREC applauds return to live learning

April 16, 2021Grace Ormsby

There’s nothing quite like a live event, and a return to in-person event capability has already seen strong demand for the 2021 iteration of the Australasian Real Estate Conference (AREC). ...

REB_top100agents
top 10 agents

1

Alexander Phillips

Year of Experience: 20

Support Staff: 3

Residential Properties Sold: 215

Total Value of Residential Properties Sold:

$ 522,477,791

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
Tom Panos Thom Richards PT masterclass reb Tech still no match to the human touch

Technology is not substituting the real estate agent, it’s complementing the real estate agent, according to REB train ...

aerial shot residential properties reb Is proptech now ripe for M&A?

Real estate professionals can expect more mergers and acquisitions (M&A) to take place in the proptech space over th ...

Justin Butterworth reb Console Cloud to host tenant selection tool

Property management software platform Console Cloud has revealed the addition of a new proptech offering into its portfo ...

melbourne house construction reb Digital licences on the way for tradies

Trade licences will be going digital under the NSW government’s digital licensing “revolution”. ...

Damian Portaro Why tech rules, even in regional real estate

This episode of Secrets of the Top 100 Agents sees Grace Ormsby joined by the Agent of the Year – Regional at the REB ...

Sadhana Smiles Revealing REB’s brand-new podcast – The WIRE

Hosted by REB news editor Grace Ormsby and REIP CEO Sadhana Smiles, The WIRE is a new podcast that will be championing t ...

Matthew Everingham Backing business growth with bricks and mortar

This episode of Secrets of the Top 100 Agents sees Grace Ormsby joined by Matthew Everingham, director, sales agent and ...

Stepfanie Regan What makes a good mentor?

This episode of Secrets of the Top 100 Agents sees Grace Ormsby joined by award-winning mentor Stepfanie Regan. ...

Damian Portaro Why tech rules, even in regional real estate

This episode of Secrets of the Top 100 Agents sees Grace Ormsby joined by the Agent of the Year – Regional at the REB ...

Sadhana Smiles Revealing REB’s brand-new podcast – The WIRE

Hosted by REB news editor Grace Ormsby and REIP CEO Sadhana Smiles, The WIRE is a new podcast that will be championing t ...

Matthew Everingham Backing business growth with bricks and mortar

This episode of Secrets of the Top 100 Agents sees Grace Ormsby joined by Matthew Everingham, director, sales agent and ...

Stepfanie Regan What makes a good mentor?

This episode of Secrets of the Top 100 Agents sees Grace Ormsby joined by award-winning mentor Stepfanie Regan. ...

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 ...

Matt Cunliffe Vaan Aryan reb What’s wrong with property management?

The property management space has a lot to learn from the services provided by sales agents and mortgage brokers, accord ...

Sadhana Smiles reb How stress is preventing PM success

The norm that sees property managers working long hours in high-stress environments with a lack of support from leaders ...

Georgie Merry Coronis BDM Cadetship Program reb How this beginner BDM notched up 70+ managements i ...

Georgie Merry may have only been working as a business development manager for half a year, but she’s already kicking ...

TimMcKibbin reb NSW government accused of ‘passing the buck’ o ...

The COVID-19 recovery bill that was introduced into NSW Parliament last week does nothing to support tenants or landlord ...

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 >
FROM THE WEB
Recommended by Spike Native Network
Do you have an industry update?
rpm logo latest

Groundbreaking tech platform a ‘massive’ value-add to PM business processes

10 September 2018 Staff Reporter
tech platform, Managed,

One experienced property manager has signed up to an intuitive new platform called Managed, which connects her business to its landlords, tenants and tradespeople. She says that not only is it easy to use, it’s also been a “massive” value-add in her business.

Director at Property Alchemy Penelope Valentine said that traditional property management is fragmented, with not one supplier that can offer you everything.

She said that property management accounting platforms can be cumbersome, holding money and dispersing funds on behalf of investors, but thanks to the Managed app, Property Alchemy’s payments are now fully automated.

Advertisement
Advertisement

“Our management fee is taken out of the rent and the rest is distributed directly into the owner’s account through the banks,” Ms Valentine told RPM.

She said that any repairs, maintenance or strata bills come directly from the investor.

“So, the investor signs up and they have a payment form, so it can either be with a credit card or with their bank account, so all their bills are paid directly from their own bank account or credit card. 

“As the property manager, we orchestrate all the payments and we make sure all the payments are correct and that they sit in the account for payment, so we put in the due payment date, but then the money is paid directly from the investor.”

Ms Valentine also said that as the property manager, she no longer has to do that “painful” end-of-month routine.

“Making sure all the payments have been allocated out properly, it all does seamlessly.”

She said that it is a huge time saver, and the investor gets everything they would normally get — so, they don’t feel a difference.

“They have full vision of all the payments coming up. So, they basically can have a six- or 12-month vision of how much money is coming in each month with the rent and then what is going to be coming out,” Ms Valentine said.

“So, obviously we can forecast water payments, rates payments, and then we can put repairs and maintenance as we get the[m] get done as well.”

Growth

Ms Valentine said that the extra free time gives her more time to create better process for Property Alchemy and develop the business.

“We work on the business making sure our customers are receiving a seamless experience with us. Also, business development is a massive part of what we do. We are completely independent so we need to really get our name out there.”

She said that she has had positive feedback from her clients.

“They love the fact that they can get their rent as soon as it is paid, [which] is a massive benefit to them. A lot live month to month, so for them to have to wait to get their rent can put them under financial pressure.

“And the other thing is the transparency. They have full vision of all the money that is coming in, and what is going out and the forecasting helps them with their planning as well.

“It is definitely a point of difference for us. It is one of the first things that we talk about.”

Ms Valentine said that she has been in real estate for 16 years and has always had a leaning towards property investors and property management.

“In my previous role as the co-founder of Rent360, we were always looking for new technologies to be able to leverage. So, I saw something online come through very early in the piece about Managed and it really piqued my interest.

“Anything that can create time savings in property, management specifically, is something that I was really interested in.”

Groundbreaking tech platform a ‘massive’ value-add to PM business processes
tech platform 850
lawyersweekly logo
FROM THE WEB
Recommended by Spike Native Network
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.