From the day we started, Trust Accounting has been our pièce de résistance. The cherry on our French cheesecake. The icing on our cupcake. It's what makes us get up in the morning. (That and a very strong coffee.) You get the drift. It's what we do and it's what we are damn good at. So in turn, we outsource ... read more >>
Every now and then we all need a little support. Just like Joe Cocker once sang 'I get by with a little help from my friends.' Here at EOMA, we consider our clients part of our extended family. You are taking this Real Estate and Trust Accounting journey with us. As we all know, it takes a special someone to ... read more >>
When Going Paperless is the Norm Anyone who has the pleasure to sit my trust account training hears me speak of how I ran a paperless office in 2007. Yep, imagine that - a paperless office way back with 2007 technology. How did she do it?! Well, I tell a small lie. It wasn’t completely paperless. It was almost paperless ... read more >>
As we discussed in our latest blog, people in business make mistakes. From the rookies through to those who have been in the industry for over 10, or even 20 years, can still make monumental errors. Yet, it never ceases to amaze the extent of the trust accounting mistakes we see on a daily basis. So it prompted us to ... read more >>
Coming to Terms with Mistakes in Business Mistakes in business can be a hard lesson to swallow. Just ask me about the huge list of mistakes I've made in business over the past 8 years. It's so long it has its own storage space in the cloud. But the reality is that everyone will make a business mistake of some ... read more >>
Trust Breach. Fair Trading. Two simple phrases that are enough to send most agents into a panicked frenzy. Yet, similarly, like calls from the ATO, there is a rhyme and reason. Fair Trading has the purpose to ensure that agents are doing the right thing. That members of the public are not being disadvantaged financially as a result of a ... read more >>
We understand people make mistakes, especially in business. Let's say it is all part of the learning curve. However, when we see the same mistakes occur day in, day out, then we think we need to do something about it. There is no doubt there are common errors agencies make within their trust accounts on a daily basis. Through our ... read more >>
Finding a good tenant is one thing. Tenant retention is another! Many would argue – "why should I care about the tenant?" Well, the truth is pretty simple. Tenants own properties too! They can, or may already be, landlords, purchasers and have a connection of friends and family with rental properties of their own. So in short, yes you should ... read more >>
With the ups and downs naturally associated with the real estate sales market, it is important to take care of your rental roll clients. Your rental roll clients are the ones that will (hopefully) be there through the thick and thin of the sales cycles. When sales times are low, the rental roll keeps clicking along. Just the same, when ... read more >>
As a business owner, it is natural to look for ways to increase your bottom line and reduce costs. In our last blog on 8 Ways to Reduce Costs for Start-Up Real Estate Agencies we discussed various ways start-up agencies can minimise costs. This included shopping around on items like software, insurance and considering a virtual office as opposed to bricks ... read more >>
