Sell with Confidence
Read More
News

Who Do You Call?

By Dan Sowden

Who Do You Call In A Time Of Crisis?

The recent flooding events of South East QLD have highlighted just how volatile the environment is in which we live. The devastation of such events has already been widely published however it has brought about a subsequent set of circumstances that have had a dramatic effect on our real estate industry.

Thousands of property owners, tenants and investors alike have been severely impacted by having to either leave their property or at least the financial hardship of not receiving any rental income from the investment to then service the bank loan. Logically you would believe that various types of Insurance would cover such loses; unfortunately this is not the case. Either through lack of knowledge, guidance or support many tenants and investors alike were not sufficiently insured or did not have the correct RTA (Residential Tenancy Authority) agreements in place. 

Situations like this commonly arise through property investors choosing to ‘self manage’ their property whilst at the same time taking an overly relaxed position with the tenant, a handshake agreement if you will instead of a lease. Although Professional Property Managers do come with a cost and some mandatory insurance requirements, they also offer some peace of mind in a crisis.     


Dan Sowden

Principal | Auctioneer | Ray White Maroochydore

Up to Date

Latest News

  • Young gun agent takes on the Gavel

    Auctions have always been the lifeblood of Australasia’s largest real estate group, and it was with this in mind that encouraged Sunshine Coast agent Sarah-Louise Anderson to become one of the region’s first female auctioneers. “Becoming an auctioneer for the Ray White Group has been a goal in the back … Read more

    Read Full Post

  • Teamwork makes the dream work at Ray White Maroochydore

    When it comes to case studies in real estate, often the sale price is the hero of the story. In this case however, it’s the team behind the $1.3million sale who are the true heroes. When the owners of 16 Chardonnay Court in Buderim were looking to sell their beloved … Read more

    Read Full Post