Payment from real estate

Discussion in 'Property Management' started by Beejay, 14th Jul, 2021.

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  1. Beejay

    Beejay New Member

    Joined:
    14th Jul, 2021
    Posts:
    1
    Location:
    ARTARMON
    Hi there, I've been renting out a place for a few months and notice my payments forwarded by the real estate have been coming one day later each fortnight. Anyone know why?
     
  2. Michael Mitchell

    Michael Mitchell Property Manager Business Member

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    17th Sep, 2018
    Posts:
    1,387
    Location:
    Brisbane (Nundah)
    Have you asked your real estate?
     
  3. Mel Morgan

    Mel Morgan Sydney Property Manager Business Member

    Joined:
    6th Jun, 2017
    Posts:
    1,455
    Location:
    Sydney
    I would guess the disbursement is processed by the agent and statement sent, but the bank takes overnight to process the payment. Is there an issue with it coming in the next day?
     
    momentum26 and Michael Mitchell like this.
  4. skater

    skater Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    10,277
    Location:
    Sydney? Gold Coast?
    Just give them a call. I'm sure they can explain it, however I really wouldn't stress over one day.
     
  5. The Y-man

    The Y-man Moderator Staff Member

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    18th Jun, 2015
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    13,524
    Location:
    Melbourne
    So 1 day late fortnight1, 2 days late fortnight 2, 3 days late fortnight 3 etc?

    The Y-man
     
  6. Tom Rivera

    Tom Rivera Property Manager Business Member

    Joined:
    1st Jul, 2015
    Posts:
    2,718
    Location:
    South East Queensland
    No big change that would cause all of us to be affected- ask your Real Estate :)
     

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