Management Rights Academy
The Professional
Management Rights Book
The guide includes various crucial areas that individuals should consider, such as understanding one’s role and the stakeholders present at the first Committee, assisting with the budget preparation of the Body Committee, and determining whether one is a Contractor, Building Manager, or Caretaker. Additionally, it covers voting rights, the significance of engaging industry specialists like Lawyers, and Accountants, how being in a Partnership can earn you 3-4 more per annum, the importance of Workplace Health and Safety, and the need to have an exit strategy in place from day one and how to achieve this profitably.
Overall, this guide provides relevant, practical information not compiled elsewhere, offering readers the knowledge and skills required to navigate the Management Rights industry successfully.
E-Book $495
Hard Cover $575
A Word From The Author
Prior to my career in Management Rights, I gained experience in airline operations with Qantas and commercial swimming pool management with Poolwerx. My foray into Management Rights began with the acquisition of a 52-lot high rise on the Gold Coast, where I developed a hands-on approach to learning the fundamentals of the business. Subsequently, I served as managing partner for a larger 297-lot low-rise property, Turtle Beach, which was part of the most significant Management Rights purchase of the time. Within this context, I took on the task of asset management for several high-rise properties, comprising 1,200 lots and seven bodies corporate, including a 200-lot new building in Brisbane, which I managed from its construction to opening day.
Following a successful seven-year tenure in these roles, I transitioned to private consulting and training, focusing on Management Rights operations. In 2019, I accepted a role with Accor as a strata manager, overseeing a vast portfolio of over 80 properties, their associated caretaking agreements and responsibilities. This role afforded me considerable insight into the importance of strategic planning and rigorous record-keeping in achieving best practice and compliance in Building Management.
My book represents the culmination of years of experience, extensive knowledge of best practices, and a practical approach to building a successful and profitable Management Rights business.
Stephen West
Limited time only BONUS
Purchase The Professional Management Rights Book and receive the Handover checklist with 300 questions valued at $250.00 for FREE!
Resort Rundown Podcast - Guest Appearance
Featuring guest Stephen West from Interline Travel. We discuss his entry into Management Rights, experience with Dreamtime and Accor and finishing up with his Management Rights Guide – which is an absolute bible for anyone wanting to enter into MR.
Frequently Asked Questions
The purpose of this training guide is to provide a structured approach for those interested in purchasing Management Rights or currently own them.
There are various stages involved in the purchase and operation of Management Rights, and it is possible that some of these aspects may be unfamiliar to those without prior experience. Therefore, this guide aims to ensure that readers gain a comprehensive understanding of each stakeholder’s purpose in the business’s success.
Individuals who have not been involved with an Owners Committee, Body Corporate, or commercial contracts such as Caretaking Agreements before entering the Management Rights industry may find this guide particularly useful.
This text will discuss best practices, transparent communication, and provide insight into why profitability needs to increase from day one. It is worth noting that this guide offers a concise, end-to-end handbook that has not been written in this format previously. As such, readers will benefit from my nearly twenty years of experience, starting as a sole operator and progressing to multiple buildings, new developments, Strata Management, and Asset Management.
Management Rights presents an exciting business opportunity, limited only by an individual’s efforts and vision.
The Management Rights Academy is your Introduction to Management Rights. The Operations intensive four-day course is a foundational stepping stone for individuals aspiring to join the Management Rights industry in non-management positions such as Front Office, Reservations, Housekeeping, and Maintenance. Find out more here.