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In: General Interest

Contributed By: Mike Phipps Finance on

I’m sure we can all think of a product where the designers clearly forgot (or ignored) the primary needs of the user. The focus on form (the look and feel of the thing) has completely eclipsed the function (the usability of it). In my ruminations on this matter I am indebted to proto-modernist architect Louis Sullivan, who stated in 1896 that “form ever follows function”. In other words, for any given design it’s got to actually work, and then let’s worry about how it looks. And so it is in some sectors of the accommodation industry. The hotel design trend these days seems to favourRead More →

In: REIQ

Contributed By: Claire Ryan on

Vacancy rates have edged up slightly across Queensland according to data released today from the Real Estate Institute of Queensland (REIQ), but the peak body warns that the broader outlook remains concerning. Of the 50 local government areas and sub regions covered in the REIQ’s Residential Vacancy Rate Report for the June 2024 Quarter, half (25 areas) had a lift in vacancies, 12 were unchanged, and 13 tightened further compared to the previous quarter. The statewide vacancy rate rose ever-so-slightly to 1.0% (compared to 0.9% in March Qtr), assisted by more substantial rises in coastal areas such as Noosa, Sunshine Coast and Hinterland, Maroochy CoastRead More →

In: REIQ

Contributed By: Claire Ryan on

The Real Estate Institute of Queensland (REIQ) is proudly awarding real estate professionals from across the state with an REIQ Fellowship, to honour their exceptional commitment to their craft. With approximately 48,000 registered real estate practitioners in Queensland, being raised to Fellow status within the REIQ is a mark of distinction and recognises outstanding professionals. The prestigious title of REIQ Fellow is awarded to practising members who have completed a total period of 15 years membership and who have been carefully selected and appointed by the REIQ Board for satisfying specified criteria. REIQ CEO Antonia Mercorella congratulated and warmly welcomed the new Fellows from allRead More →

In: General Interest, Legal

Contributed By: Mike Phipps Finance on

These days, as I contemplate the ride into the retirement sunset, I seem to be spending more and more time dispensing wise counsel. Of course, the managing director and I have agreed to differ in respect of my definition of wise. She posits that like Joe Biden, if you hang around long enough some people will assume an age and wisdom convergence while ignoring demonstrable cognitive decline. I counter that a capacity to write the previous sentence is testimony enough to my undiminished mental faculties. Took me two days to finish that sentence and at some point it included reference to a fishing trip, butRead More →

In: The Management Rights Market

Contributed By: Jane Garcia on

The Management Rights market seems to be at a crossroads of late. We’re seeing record levels of visitors coming to the site looking at management rights – July saw 38,000 visits and June (which is a day shorter of course) saw 37,000 – both months performing above our long-term average of around 35,000 visits. Despite this we logged 1,334 sales leads for July whereas June saw 1,474 sales leads (ie: telephone calls and emails) off a long-term average of 1500 enquiries a month. Traffic is trending up, but engagement is trending down at the moment, to me that signals a market sentiment that is curious, butRead More →

In: Real Estate, REIQ

Contributed By: Claire Ryan on

Making the dream of home ownership a reality for more Queenslanders is the overarching aim of the State Election policy suite launched today by the Real Estate Institute of Queensland (REIQ). From stamp duty reform, incentives to free up housing stock, through to removing barries to supply, the REIQ’s vision is to take Queensland to the top of the home ownership table by 2032. REIQ CEO Antonia Mercorella said the peak body’s policy paper ‘Levelling the playing field’ called on all political parties to rebuild the pathways to home ownership in Queensland. “The REIQ is advocating for an overall target of a home ownership rateRead More →

In: Real Estate

Contributed By: The Real Estate Podcast on

We talk with Nick Buick the founder CEO of the Onsite Manager about the very start of what you need to do when thinking of becoming an Onsite Manager. https://www.theonsitemanager.com.au/ Listen here: https://apple.co/3wub8Lehttps://open.spotify.com/embed/episode/4GxcHWI5iCPTZk0uwZPZ1u?utm_source=generator ► Subscribe here to never miss an episode: https://www.podbean.com/user-xyelbri7gupo ► INSTAGRAM: https://www.instagram.com/therealestatepodcast/?hl=en ► Facebook: https://www.facebook.com/profile.php?id=100070592715418 ► Email:  myrealestatepodcast@gmail.com The latest real estate news, trends and predictions for Brisbane, Adelaide, Canberra, Gold Coast, Sydney, Melbourne and Perth. We include home buying tips, commercial real estate, property market analysis and real estate investment strategies. Including real estate trends, finance and real estate agents and brokers. Plus real estate law and regulations, and real estate development insights. AndRead More →

In: REIQ

Contributed By: Claire Ryan on

The Real Estate Institute of Queensland (REIQ) today announced the retirement of non-member Director Eddie Chung, who has smoothly handed the baton to Kerri-Ann Smee. REIQ Board Chairman Peter Brewer said during many years of dedicated service to the REIQ, Eddie Chung had made an enormous contribution to the Board and to the peak body. “We are deeply grateful to Eddie for his invaluable guidance and financial expertise, which proved pivotal during critical junctures in the REIQ’s history,” Mr Brewer said. “During his long tenure, Eddie played a vital role in ensuring the REIQ remained a profitable business and would continue to thrive through sustainableRead More →

In: Legal, Real Estate, The Management Rights Market

Contributed By: Quartz Legal on

Understanding the A – Z of Management RightsEnsure a smooth sale of your Management Rights business with our comprehensive pre-sale legal report! IndependenceAs independent lawyers with no interest in the sale or purchase, we guarantee an unbiased and impartial review of your agreements. You can be assured that we look at the agreements with complete independence. An Industry First We have observed a recurring issue: buyers and sellers investing significant time and money only to have sales fall through or be delayed due to legal issues uncovered during legal due diligence. This insight led us to a revolutionary idea: why not resolve these potential issuesRead More →

In: Real Estate, REIQ

Contributed By: Claire Ryan on

The Real Estate Institute of Queensland (REIQ) is warning not all real estate courses are created equal and is commending a crackdown on poor quality training providers. Registered training organisations (RTOs) have been put on notice by the Australian Skills Quality Authority (ASQA), alerting its audits could confirm concerning reports that some students and professionals are not being properly enrolled, trained and assessed. REIQ CEO Antonia Mercorella stressed the importance of high-quality education for real estate professionals, and highlighted the risks associated with substandard courses. “When you consider the incredibly important work that real estate professionals perform, and the fast-paced and complex legislative environment theyRead More →

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