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Disclosures When Selling

In this College Chronicle and the next few Chronicles, we will be discussing agent disclosures from all aspects. As agents, you should have a pretty clear understanding about the disclosures …

Changes to the Conveyancing Process

The 1st July 2019 signifies a change in the property industry. As of this date all property transactions are being done on the online platform of Pexa. The benefit of …

Are you (and your agency) compliant?

In an environment when regulations are determining how we operate our businesses, it is important to know what should be important in our focus, and what is simply window-dressing. What …

Trust Account Audits

As the financial year draws to a close, it is important to remember that once the calendar clicks over from June to July, you are required to have your trust …

Cladding

Cladding has become one of those issues for strata managers that can cause complete headaches with little relief in sight. When an owners corporation is faced with the excessive costs …

Educate Your Consumers

Educate your consumers. Every day we hear real estate agents say that they are stressed. They mostly state that this stress comes from consumers not understanding the property transaction process. …

Award Anniversary

Last April, the new Industry Award was released and a number of changes were made to how agents should be paid if they are employed under the award. In particular …

Underquoting…still

It’s now just over three years since the Underquoting reforms were introduced to the property industry in New South Wales, and it still amazes us at the College at how …

Water Usage Charges

Water usage charges for tenants are an issue for property managers on a daily basis and in some cases the problem comes from the landlord being unaware that there are …

The Role of Finance in Property Sales

In every CPD our trainers are hearing from agents that the property process brings so much stress to the lives of vendors and purchasers – not to mention the stress …

Fraud Prevention Guidelines

Over the last six weeks the trainers at ACOP have been conducting our new CPD content and one thing that has been a topic of conversation has been fraud prevention …

New Domestic Violence Tenancy Laws

New tenancy reforms that better protect victims of domestic violence living in a rented property commence on the 28th of February 2019. The reforms are part of a number of …

Release of Deposits

What an interesting start to this year for 2019 with two agents sentenced with corrections orders for trust account frauds and thefts. In both of these cases, which have only …

NCAT – Federal Diversity Jurisdiction…..again

Over the last twelve months there has been many discussions had in our training courses regarding the NSW Civil and Administrative Tribunal (NCAT) decision and the right to take a …

Amendments to the Residential Tenancies Act

For the last couple of years, property managers have examined the proposed review to the Residential Tenancies Act 2010 in our Continuing Professional Development classes. As always, it can be …

Inherited Properties and the First Home Owners Grant

While every buyer of property is different, we always appreciate the stories told to the College with a “different” scenario with follow up questions. One such question was posed recently: …

7 Leadership Skills Needed in the Workplace

An effective team leader needs a variety of characteristics and skills to encourage team members to follow them and facilitate success in the workplace.  Team leaders can naturally possess some …

Working with First Time Home Buyers

First home buyers are not what they once were.  In a few years’ time, millennials will make up more than 40 per cent of property buyers in Australia.  Generation Y …

Face to Face vs Online Education – How to Approach Them?

Face-to-face and online education can both lead to success but each suit different situations and require different approaches. While the latter is steadily growing in popularity, there are important considerations …

6 Great Reasons to Have an Agent Manage Your Investment Property

Having an external party manage your investment property may seem like a big decision, but it’s typically one of the best calls you can make. An investment property is there …

Why You Need an Agent to Sell Your Property

Selling your property is one of the most significant steps you will take in your life. The process requires careful consideration and regard for a range of practicalities. In the …

Tips for Working with Your Real Estate Agent

If you have made the decision to purchase, rent or lease a property that is not privately listed, there is a high chance you will be working with a real …

Changes to Strata Legislation in New South Wales

How You Can Pivot Your Business to Gain More Traction Strata legislation in New South Wales has recently undergone a major overhaul, with changes being made to many of the …

What You Should Know about Selling Farms and Agricultural Land

If you have a passion for being on the land and would like to become a valued member of a rural community, the property industry offers specialised work in the …

Four Tips to Getting a Job in the Property Industry

The property industry is a dynamic and progressive place to be, attracting people from a wide range of backgrounds. There are certain personal attributes which will see some people better …

Are You Allowed to Give Financial Advice?

Financial concerns are central to many of the decisions made in the property industry. While it is necessary for you to have an understanding of financial matters in your role …

The Importance of Having the Right Property Industry Qualifications

An entry level qualification is both necessary and appropriate for those starting out in the property industry. It will provide you with an overview of the profession while making sure …

Why You Need to Convert Your Experience into Qualifications

One of the greatest benefits of the contemporary workplace is the recognition that is given to prior learning and experience.  Whether it comes from a previous workplace or your current …

6 ‘Must Knows’ for Property Professionals

Becoming a property professional is a highly rewarding career choice but there are a few practices that can set you apart from the rest. Here are some tips on how …

10 Benefits of Being a Finance and Mortgage Broker

Being a finance and mortgage broker means having the power to help others. This is a role which offers immense job satisfaction. A mortgage and finance broker is a professional …

Property Professionals – Here’s Why Knowledge is Power!

Knowledge is empowering in all aspects of life and it’s especially important in our professional life. In the property industry, thorough and up to date knowledge will set you apart …

5 Reasons Why Property Professionals Need a Licence – Not Just a Certificate

A certificate is an entry-level qualification allowing you to begin working with a licensed agency. While this is a sensible place to begin, holding only a certificate will limit your …