Posts by administrator_28ab1d

Property management is one of the most important roles within the real estate industry. Property managers act as the link between landlords and tenants while protecting the owner’s investment property. Key Responsibilities A property manager’s responsibilities often include: Advertising rental properties Screening tenants Conducting inspections Organising repairs Managing lease renewals Handling rent arrears Communication Skills…

Compliance failures can expose real estate agencies to major financial penalties, reputational damage, and regulatory action. Here are some of the most common compliance issues seen across NSW agencies. Incorrect Agency Agreements One of the most common problems involves incomplete or improperly executed agency agreements. Agencies should ensure: All required fields are completed Clients receive…

Housing was a major focus of what Treasurer Jim Chalmers described as “the most important and ambitious budget in decades,” delivered on Tuesday night. One of the most significant changes announced relates to negative gearing and capital gains tax, both of which are set to reshape Australia’s property investment landscape. Under the previous negative gearing…

Across NSW, more Australians are transitioning into real estate from completely different industries. Hospitality workers, retail managers, tradespeople, administrators, and business owners are increasingly entering the property industry. So why is real estate becoming such a popular career change? Flexible Career Pathways Real estate offers multiple career directions including: Sales Property management Commercial real estate…

Understanding legislation is critical for anyone working in the NSW real estate industry. Agents are expected to comply with strict laws and ethical standards designed to protect consumers and maintain trust in the property market. Here are some of the key laws every real estate professional should understand. Property and Stock Agents Act 2002 This…

Australia’s expanded 5% Deposit Scheme has made it easier for first-home buyers to enter the market, but its impact varies sharply by location. Melbourne and Sydney offer relatively strong access to eligible homes due to higher price caps and better housing supply, while Queensland—particularly the Gold Coast—faces a shrinking pool of affordable options. Experts warn…

Sydney home prices are forecast to continue rising through 2026 and 2027 despite interest rate uncertainty and worsening affordability, driven by a persistent shortage of housing supply. KPMG predicts Sydney house prices will grow 5.8% and unit prices 5.3% in 2026, followed by further increases of 5.7% for houses and 4% for units in 2027.…

Underquoting remains a major compliance focus for NSW Fair Trading. Real estate agents must ensure property price guides are realistic, evidence-based, and regularly updated. What Is Underquoting? Underquoting occurs when a property is marketed at a price significantly below the likely selling price. This can mislead buyers and damage confidence in the property market. Agents…