All About Gold Coast Accommodation, Australia

A simple overview of this market is that when an apartment is bought by an investor who is not going to live in it, the unit is placed in a holiday letting pool. The management rights to the letting pool are offered for sale and the successful buyers, most commonly a husband a wife team, then go about the business of getting bums in beds on behalf of the owners. The managers receive a percentage commission on the bookings they secure and that becomes a part of their livelihood.