Residential real estate

Business banking that's simple and efficient

 

David Gonano - play video

Overview

Tailor-made business banking

Are you looking for a better result in residential real estate banking? Macquarie Bank has spent more than 20 years supporting the real estate industry with tailor-made banking that not only helps you manage your cash flow, it also frees up your time.

Our priority is to keep all your banking simple and efficient, so you can spend more time on your business and less time managing paperwork.

Banking services for your business

Manage, finance, grow and improve your business with our flexible real estate banking services:

  • Rent roll and equity lending using your existing assets to finance business growth and acquisitions. 
  • Automated rent and payment collection using the Macquarie DEFT Payments System for real estate to streamline your rental receipts and reconciliation. You can also use wireless EFTPOS terminals to accept payments anywhere and anytime.
  • Flexible online banking with your choice of day-to-day banking and trust accounts, sales investment accounts, at-call and term deposits. 
  • Personal wealth planning because your lifestyle goals are also important. 
  • A dedicated and experienced Macquarie Relationship Manager who specialises in your industry and is proactively involved in your business growth. 
  • Insights into the residential property industry to help improve your business, including access to the latest Macquarie benchmarking research so you can stay ahead of the competition.

To find out more, call Macquarie.*

Read the Product Disclosure Statement dated 29 August 2011.

Lending

Tap into your rent roll and equity for growth

Your rent roll is a significant asset, so why not use it to fund your business growth? As a real estate business specialist, your Relationship Manager can help you on ways to take your business to the next stage.
Macquarie Bank can lend against your commercial or residential property assets, as well as your rent roll, to fund:

  • Purchase of rent rolls
  • Working capital
  • New partner entry
  • Acquisition of an additional real estate business
  • Acquisition of your business premises
  • Succession planning
  • Personal wealth creation.

And if you’re looking beyond business growth, Macquarie Property Essentials is a range of property loans that lets you take advantage of all types of personal, investment or business opportunities.

Our specialist team can also help you with further business investments and introduce you to strategic Financial Planners as part of your business growth strategy.

Managing payments

Spend more time on your business and less time on administration.

Macquarie DEFT Payments System - managing your receivables

For real estate agents to take care of all the rental payments, receipts and reconciliation – and it fully integrates with your property management software.**

One-click payment transactions

We process all your rent payments into one file. Just download that file, and all transactions are automatically received into your property management system.

Receive payments faster

Macquarie DEFT Payments System collects, reconciles and issues receipts for you which means you save time and money tracing payments and re-entering data. It also reduces the risk of human error and internal fraud.

Help when you need it

Our specialist team will set it all up for you, provide training for your staff, help you communicate with your tenants and provide ongoing support.

Secure and simple payment options

Your tenants can choose from a range of payment options including credit card, direct debit or BPAY. You can add a surcharge for credit card payments if you wish.

Designed to work with your system

Macquarie DEFT Payments System has been developed specifically for real estate businesses, and is compatible with most property management software – including Rockend, Console, Macpro, Clarke, Sherlock and Surfway Real Solutions.

“We have found Macquarie Bank to be progressive, innovative and co-operative. Real Estate clients, in particular, have the most to gain from the systems and cost savings generated through their systems.”

Trevor Leach, Director, Ray White Double Bay

View Macquarie DEFT  brochure here.

Macquarie Batch Payments - managing your payables

A tailored BPAY payment solution for the real estate industry to help you manage a high volume of bill payments. Make multiple BPAY payments from multiple accounts to participating billers and automatically manage the reconciliation of payments all from your property management software.

Payments that have been historically made by cheque to utility billers can now be made electronically at the click of a button, reducing costly cheque processing and administration costs and reducing the potential for cheque fraud.

"I am a great believer in Macquarie Batch Payments. It has saved my team a huge amount of time and it has reduced costs dramatically." 

 Geoff Laing, Raine and Horne Bondi Junction

View Macquarie Batch Payments brochure here. 

Macquarie Active Banking

When you’re managing numerous rental properties, you’ll have high volumes of payments and bills as well as receipts. So keep it simple with Macquarie Active Banking. 

Active Banking is our advanced online banking system. View and control all your payments in one place, with features that include:

  • EFT (Electronic Funds Transfer) payments 
  • Group payments 
  • Future-dated single payments 
  • Recurring payments 
  • Batch payments using BPAY.

Macquarie Merchant Services

Our fully mobile, secure wireless EFTPOS facilities can help accept credit card, charge card or debit card (EFTPOS) payments anywhere, anytime. It’s a cost-effective way to give your tenants and clients more payment options, and can be fully integrated with your online banking system.

To find out more, call Macquarie.^

Read the Product Disclosure Statement dated 29 August 2011.

Transactional accounts

We can look after your general property management and sales trust account needs with:

  • Cheque accounts: our straightforward online banking and payment capabilities take the stress out of your day-to-day banking operations.
  • Client trust accounts: our regulated and unregulated trust accounts make it easier for you to manage funds in trust for a number of different clients.

Sales deposit management

Macquarie Real Estate Accounts are ideal for residential sales deposits. Fee-free accounts with your choice of maturity dates.

Electronic banking means you can access your sales commission immediately and transfer cleared funds directly into the vendor and purchaser accounts. You won’t have to bank or write a cheque again, and you can access account details online.

Choose the deposit account type that suits your vendor:

  • At-call funds: with interest paid each month or on closure. 
  • Term deposits: with a maturity date to fit your settlement period.

Why choose Macquarie Real Estate Accounts?

Get a better return on your sales deposits

competitive interest rates, no account or transaction fees and flexible terms to match your settlement requirements.

A simpler way to manage multiple accounts

use one blanket signing authority to manage as many accounts as you need. Online banking allows you to open and close accounts from your office, and make deposits and withdrawals from your computer. You can view consolidated reports online and answer client queries at the click of a mouse.

Faster access to commissions

all requests are actioned same day (if received before 3pm AEST on a banking day). Once the settlement is complete, your commission is in your account.

“Macquarie understands that business banking comes with a greater need for access and flexibility in account management. I would recommend Macquarie Relationship Banking to any business who feels they need more from their bank – Macquarie can certainly deliver.”

Tania Waterman, Waterman’s rentmyproperty.com.au

To find out more, call Macquarie.

Read the Product Disclosure Statement dated 29 August 2011.

Benchmarking survey launches February 2012

Register now to take part in our survey and gain insights into the latest market trends and best practice benchmarks for better business performance.

Benchmarking is a powerful business management tool that helps you:
• build the value and profitability of your agency  
• understand the strengths of your business
• highlight potential improvement strategies to ensure your business is efficient and profitable
• critically assess how your agency is performing against your peers.

Participation is free and you will receive a report to help you benchmark your business.

Whether you are looking to gain a competitive edge, insights into your industry, or simply to understand the challenges that may be ahead, don't miss your chance to be part of the Residential Real Estate Benchmarking Survey.

 To find out more, call Macquarie.

> Register now