Powered by MOMENTUM MEDIA
realestatebusiness logo

Breaking news and updates daily. Subscribe to our Newsletter!

Home of the REB Top 100 Agents
Breaking news and updates daily. Subscribe to our newsletter

Website Notifications

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

New rental management service strikes Stone deal

By Juliet Helmke
23 September 2021 | 1 minute read
Stone Real Estate partners with Lululiv

A strategic partnership will integrate innovative property management services into the rapidly expanding offices of the national real estate franchise.

Stone Real Estate, which has grown to encompass 50 franchises in just five years, has announced a new business alliance with property management company Lululiv, which entered the market in 2020.

Lululiv has been touted as offering property management as a service to principals – taking care of the staff, technology, and customer service aspects of rental management.

Advertisement
Advertisement

Stone Palm Beach on the Gold Coast in Queensland, which recently came out on top of the franchise’s annual awards, has already adopted the model.

“With Lululiv we are in it together, it is a true partnership,” Stone Palm Beach principal licensee Brendan Andrews commented on the working relationship.

“We are deeply committed to exceeding the expectations of our clients. By partnering with Lululiv we are delighting our landlords and tenants, and we are achieving this with a flexible model that helps us grow market share,” Mr Andrews said.

Co-founded by Melissa Hadley, a former director at tech giant SAP, and Suzannah Toop, director at TOOP+TOOP, Lululiv is already operating across Queensland and South Australia. 

It’s revealed plans to enter NSW in November 2021 and Victoria in early 2022. Under the new partnership, Stone has made Lululiv available to its Queensland offices and will expand the service as Lululiv rolls out nationwide.

The investment has already been paying off for Stone business owners, according to the company’s Queensland head, Scott Kelly.

“When launching into the Queensland market, we wanted a model that allowed our aspiring business leaders to start building wealth by growing their rent roll without the traditional distractions that can impact their sales performance,” Mr Kelly said.

In his eyes, Lululiv offered a smart and efficient way to scale their rental business.

Ms Hadley, who also serves as Lululiv’s CEO, said the service had capitalised on the desire of real estate business owners to build their rent rolls easily, without being involved in the task of running it day to day.

“Unlike other models in the market, our business leaders don’t do any property management tasks,” Ms Hadley explained. 

She sees Lululiv as “the complete solution – the people, technology, and amazing customer service all in the one for our principals, and our landlords and tenants”. 

New rental management service strikes Stone deal
Stone Real Estate Lululiv reb
lawyersweekly logo

Tags:

ABOUT THE AUTHOR


 

 

Subscribe to our RPM
mailing list

 

Do you have an industry update?

top suburbs

12 month growth
Queenton
69.76%
Flying Fish Point
69.61%
Point Piper
69.17%
Glenelg South
69.02%
Pretty Beach
69.01%
Bar Beach
68.9%
Northampton
68.7%
Kembla Grange
66.91%
Boomerang Beach
66.67%
Gnarabup
66.67%
SEE AREA REPORTS ON SMART PROPERTY INVESTMENT WEBSITE
Subscribe to 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.