Real Estate Compliance

Top 10 Trust Accounting Mistakes to Avoid in 2020

2020-01-31T01:11:36+10:00

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 >>

Top 10 Trust Accounting Mistakes to Avoid in 20202020-01-31T01:11:36+10:00

It’s the Way You Pick Yourself Up That Matters

2020-02-03T01:42:32+10:00

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 >>

It’s the Way You Pick Yourself Up That Matters2020-02-03T01:42:32+10:00

How to Avoid Making Rookie Trust Accounting Errors

2019-09-27T01:37:50+10:00

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 >>

How to Avoid Making Rookie Trust Accounting Errors2019-09-27T01:37:50+10:00

How to Keep your Real Estate Agency Start-up Costs Down

2019-09-21T06:45:33+10:00

Let's be honest, starting out a small business is never easy. Keeping one afloat can be even more difficult. There are approximately 2.1 million small businesses operating within Australia. Of those, 54, 992 business went bust in the 2018 financial year, a 12.7% increase from the year before. On average, 60% of Aussie small business close their doors in the ... read more >>

How to Keep your Real Estate Agency Start-up Costs Down2019-09-21T06:45:33+10:00

Sales Only Agencies – Reconciling and Trust Accounts to Avoid a Breach

2019-08-22T03:00:17+10:00

We have a list of wonderful clients who are sales only agencies. No rent rolls. On top of that, some only have a handful of transactions a year. So with this in mind, we often get asked 2 questions: 'Do I really need trust accounting software?' 'How often do I need to reconcile?' The answer to question #1 is simple. ... read more >>

Sales Only Agencies – Reconciling and Trust Accounts to Avoid a Breach2019-08-22T03:00:17+10:00

Top Audit Breach of 2019 and How to Avoid it

2019-08-19T05:05:35+10:00

The Time When You Don't Want to be #1 Each year we see trends come and go in the world of Trust Accounting. One month, it may be issues with cloud-based software migrations or reconciliations. The next, it may be keeping up with compliance or an increased prevalence of internal fraud. The regular theme for the month just gone was ... read more >>

Top Audit Breach of 2019 and How to Avoid it2019-08-19T05:05:35+10:00

When Mum is Always Right

2019-05-24T05:40:31+10:00

How My Mums Advice Is Scarily Applicable to Trust Accounting May is the month for Mums. So in light all things mothers, we thought we’d ask our staff what annoying things their Mums used to say when they were growing up. Susan was quick to respond with ‘Don’t pull faces or the wind will change’. Well we guess she took ... read more >>

When Mum is Always Right2019-05-24T05:40:31+10:00

How To Avoid Trust Accounting Mistakes of Epic Proportions

2019-03-28T06:24:53+10:00

The day our Director transferred $100,000 instead of $1,000…and how you can avoid the same mistake. Before you think, no - that can’t be right! Think again. Yes these mistakes can, and do happen (even to the best of us). Major mistakes can happen in the blink of an eye – whether from a momentary lapse in concentration or simple ... read more >>

How To Avoid Trust Accounting Mistakes of Epic Proportions2019-03-28T06:24:53+10:00

5 Reasons Not to Outsource Your Trust Accounting Overseas

2019-07-08T05:44:08+10:00

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 >>

5 Reasons Not to Outsource Your Trust Accounting Overseas2019-07-08T05:44:08+10:00

8 Ways to Reduce Costs for Start-Up Real Estate Agenices

2019-07-08T05:44:35+10:00

Australia thrives on small business. It is what makes our country go round. So the reality of the number of small business that fail to succeed is definitely a cause for concern. According to the Australian Bureau of Statistics, more than 60% of small businesses cease operating within the first three years of opening their doors. How Can You Reduce ... read more >>

8 Ways to Reduce Costs for Start-Up Real Estate Agenices2019-07-08T05:44:35+10:00