Commercial condition reports go virtual

Commercial condition reports go virtual

Commercial agents are turning more to technology to provide evidence of how the condition of a property was at the commencement of a lease.

Virtual tours are proving to be a time and cost-saving way commercial premises are leased by helping provide an accurate record of what the premises were like at the handover stage.

Enhancing the sales process through technology

Enhancing the sales process through technology

The popularity of online property auctions has exploded in recent times, however, there has also been a corresponding surge in the use of quality online property inspections.

The popularity of 3D virtual tours skyrocketed after the COVID-19 pandemic first began last year. Now, online tours have become firmly established as part of the marketing package for leading agencies for maintaining buyer interest, especially from those unable to attend a property viewing.

WA’s strata reforms and the 10-year plan

WA’s strata reforms and the 10-year plan

In May 2020, Western Australia’s strata laws changed for the first time in over 30 years.

Under the revised Strata Titles Act 1985, the 10-year plan and reserve fund have become a requirement for certain strata schemes. It applies to schemes with more than 10 lots or a replacement value of over $5 million.

WIRE 2021 – RELAUNCH. REIMAGINE.

WIRE 2021 – RELAUNCH. REIMAGINE.

Asset Reports very own Tom Williams and Caitlin Dennis were fortunate attendees of WIRE (Women in Real Estate) 2021 – held at Doltone House, Jones Bay Wharf, Sydney, on March 10 to coincide with International Women's Day.

Wire conference is one of the real estate industry's key events for professional development. This year's event focused on 'reflecting on your life, redefining your journey and relaunching yourself with double the force.'

Virtual Tours leave an impression on Property Managers and Tenants

Virtual Tours leave an impression on Property Managers and Tenants

3D Virtual Tours are fast becoming a staple of marketing a property. Aside from complimenting a new climate of ‘social distancing’, providing a contactless, interactive experience of a property over photos alone is the natural progression in a world where marketing has become so centered on having an impressive online presence.

A study by REA in April 2020 noted that 61% of viewers feel that properties with digital inspections make a listing feel more ‘premium’, and 62% felt more positively about the listing agent.

Virtual Display Villages

Virtual Display Villages

Asset Reports has been proud to work with home builders to bring their entire suite of display homes to life. Even amid the ease of restrictions, the Virtual Tours continue to be a valuable tool allowing viewers to get a sense of the size, scale and layout of the designs on offer in preparation for taking advantage of the new government incentives for building new properties.

Tax Depreciation in a Brand New Apartment

Tax Depreciation in a Brand New Apartment

In the lead up to tax time, we wanted to shed some light on what exactly Depreciation is and how it can save investors thousands in tax deductions. We prepared this interactive model to show exactly what can be depreciated in an investment property.

As an investment property ages the value of the materials used to build it decrease in value, this loss in value can be claimed as a deduction at tax time. Blue labelled items come under Capital Works (Division 43), or construction of the property, which are depreciable over 40 years.