Search Results for: Antonia Mercorella
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NEWS
In the final weeks of the Federal Election campaign, housing supply takes centre stage
Last night, the Liberal Party launched its Federal Election campaign in Brisbane, unveiling two new housing policies to help people buy homes if they are re-elected. First is an extension of the existing superannuation tax incentive, which allows Australians aged over 65 to sell their homes and invest an extra $300,000 per person into their super. This will now be extended to those over 55. …
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INDUSTRY NEWS
Robust Queensland market to shake off rate rise
The Queensland property market is well positioned to handle this week's cash rate increase from the RBA according to the Real Estate Institute of Queensland (REIQ). …
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INDUSTRY NEWS
Queensland vacancy rates hit record low levels
Vacancy rates across Queensland have dropped dramatically with several areas recording rates under 0.1 per cent. …
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NEWS
What’s good and what’s not in the 2022 Federal Budget
Tuesday's Federal Budget had an overarching theme of reducing the cost of living and come Wednesday morning the real estate sector weighed in what it liked and didn't like about Treasurer Josh Frydenberg's balance sheet. …
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INDUSTRY NEWS
REIQ calls for help for property managers
The Real Estate Institute of Queensland (REIQ) is calling for better support for property managers who are struggling to deal with the ongoing pressure caused by the tight rental market and recent flood events. …
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INDUSTRY NEWS
Call for property owners to release rental properties to help flood victims
REIQ and Q Shelter are urgently calling on Queensland property owners to turn their holiday rentals and vacant properties into long term rentals to help homeless flood victims. …
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Flood Resources
REIQ and REINSW outline resources for agents and PMs in flood-affected areas
The Real Estate Institute of Queensland is calling on agents and property managers to familiarise themselves with the resources available as the flood clean-up in Queensland continues. …
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INDUSTRY NEWS
Queenslanders view real estate agents in a positive light
While real estate agents can sometimes get a bad rap, a new survey shows people view agents in a positive light with most seeing them as friendly, helpful and accessible. …
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INDUSTRY NEWS
More Queenslanders eyeing off a career in real estate
On the back of a booming property market and an influx of new residents, nearly one in three Queenslanders like the idea of a career in real estate. …
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INDUSTRY NEWS
No relief for Queensland’s excessively tight rental market
egions remaining much tighter than what the Real Estate Institute of Queensland (REIQ) classifies as 'healthy'. …
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INDUSTRY NEWS
Omicron hits the real estate sector
With more than 600,000 active cases of Covid in Australia, and the Omicron variant surging across the country, the impact on the real estate sector is now becoming more evident. From staff shortages to legal implications and a slowdown in the rental market, this is what the nation’s real estate institutes are hearing from their members… Real Estate Institute of New South Wales (REINSW) Chief Executive Officer, …
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QLD
REIQ slams Queensland Government’s land tax regime
The Real Estate Institute of Queensland has accused the Queensland State Government of ‘dipping into the piggy bank of property owners’, with its new land tax regime. The REIQ said it was a slap in the face to the very sector that was propping up the economy. The announcement comes off the back of soaring stamp duty revenue, with $5.38 billion in transfer revenue received this financial year. …
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INDUSTRY NEWS
Sun still shining on Queensland property market
The demand for Queensland's residential property market appears to be insatiable with the latest median house price data from the REIQ showing another period of strong performance over the September 2021 quarter (July - September 2021). …
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EVENTS
Homely and Ray White celebrate Australia’s leading ladies of real estate
Homely is proud to announce its sponsorship of the ‘Leading Ladies of Real Estate' event in Queensland, hosted by Ray White. …
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INDUSTRY NEWS
REIQ says rental reforms may hurt property owners
The Real Estate Institute of Queensland (REIQ) is concerned new rental reforms that were introduced this week hurt the rights of property owners. …
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QLD
Cooley partner David Holmes wins REIQ auctioneering competition
Cooley partner David Holmes recently won the annual auctioneering competition held by the Real Estate Institute of Queesland (REIQ). …
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QLD
Record low vacancy rates continue to impact Queensland
Nearly two thirds of local government areas in Queensland have recorded their lowest or equal lowest residential vacancy rates since 2010 as the state's rental market continues to tighten. …
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NEWS
A tale of two cities: Sydney vacancies rise while Brisbane rental market tightens
Brisbane’s rental vacancy rates are continuing to tighten, but it’s a different story in Sydney, with vacancies rising to 4 per cent last month. …
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NEWS
New report reveals growth in property values throughout Queensland
The Real Estate Institute of Queensland’s latest quarterly data on the state’s property values has confirmed something market watchers are already well aware of - prices are rising in almost every region across the state. …
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NEWS
OFT approves new training requirements for Queensland real estate agents
The Office of Fair Trading (OFT) in Queensland has approved new training requirements for people wanting to enter the real estate industry. The new training, as part of initial licensing requirements, follows an independent review of the national property services training package. Before approving the new training, the OFT consulted on its potential impact with a range of industry bodies and stakeholders including the Real Estate Institute of Queensland (REIQ), …
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Elite Agent
Queensland rentals hit lowest vacancy rate on record
Queensland's rental market has been hit hard by COVID-19, with Brisbane's vacancy rate swinging from a high of 14 per cent to 8.8 cent in just four months. …
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Elite Agent
Queensland’s property market defies pandemic predictions
Queensland’s real estate market has overcome predictions of property price falls as a result of the COVID-19 pandemic. …
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Elite Agent
Real estate is an essential service: REIQ
As the Queensland State election looms, REIQ have called on political parties to "not forget the critical contributions of Queensland's real estate sector to the local economy." …
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Elite Agent
REIQ: Rental market facing “tightest conditions since GFC”
Seventy per cent of Queensland’s rental market currently faces tight conditions, according to the latest quarterly rental vacancy rate report. Eighteen per cent of Queensland regions are experiencing less than 1 per cent vacancy at present, with areas like Maryborough (0.4 per cent), Mount Isa (0.5 per cent), Rockhampton (0.7 per cent), and Gympie (0.9 per cent) close to impossible to find rentals in. …
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Elite Agent
REIQ demands ‘urgent action’ to protect property market
The Real Estate Institute of Queensland has called for the Palaszczuk Government to protect Queensland’s property market “as a new wave of contagion threatens to undo the state’s recognised efforts of containing COVID-19 to date”. The essential temporary measures being asked for include a 75 per cent reduction in stamp duty and extending the First Home Buyers Grant to established housing. …
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Elite Agent
REIQ survey finds only 6% of renters qualified as “COVID-19 impacted”
A recent survey conducted by REIQ shows how Queensland propety managers have gone above and beyond when it comes to rent negotiations, often acting outside the Residential Tenancies and Rooming Accommodation (COVID-19 Emergency Response) Regulation 2020. A survey of over 1200 REIQ property management agencies revealed that only 6.05 per cent of rental tenants in the residential sphere qualified as “COVID-19 impacted” …
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NEWS
Noosa scores Qld’s priciest properties and Mackay market soars
Queensland’s residential property market continues to show strong and relatively stable results, with regional markets leading the charge. According to the Real Estate Institute of Queensland (REIQ), the first three-monthly quarter (1 January 2020 – 31 March 2020) indicates the Sunshine State remains resilient. The state’s capital, which achieved the highest number of annual sales, saw modest price increases in the housing sector across most suburbs in the greater area over the three months. …
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NEWS
Top accolades for RE/MAX performers
RE/MAX Australia has announced its first quarter high achievers at a virtual event entitled RE/MAX Evolve. Held on May 19, the event celebrated sales associates, sales teams and offices, who were ranked on performance each quarter in categories of commission generated and number of sales transactions. For the first time, the most recent event divided the network into 10 regions. Results for January to March 2020 included: Top officeBrisbane North – RE/MAX Victory, …
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NEWS
The Real Estate Institutes respond to COVID-19 impact on Australian property
As the far-reaching impacts of COVID-19 continue to be felt, the heads of the nation’s Real Estate Institutes have had their say on how they expect it will impact the Australian property industry. Responding to Ripehouse Advisory’s Whitepaper COVID-19 vs Australian Property, most industry heads are on the same page, remaining cautiously optimistic. Across the board, the consensus has been that property, …
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NEWS
Open homes and auctions halted
Real estate auctions and open homes are the latest casualties of the COVID-19 pandemic, with Prime Minister Scott Morrison tonight announcing these were among the events that “cannot continue” in a bid to combat Coronavirus. In an address to the nation, the PM labelled 2020 the toughest year for Australians “Our goal is to combat this together by following common-sense rules,” he stated. …
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NEWS
Tenants may get rent relief but landlords need protection too
The Australian Government, in conjunction with the State Governments is considering new measures to protect tenants who are unable to pay their rent due to COVID-19. …
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NEWS
Real Estate industry unites to support victims of the bushfire crisis
Within days of launch, almost 30 real estate industry brands have united behind the Beyond the Bricks campaign as part of an industry-wide response to the devastation caused by the bushfires. With a focus on a three-phase response that encompasses the pillars of ‘relief, rebuild, restore’, the group has already pledged more than $900,000 with four preferred charities flagged for donations. …
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NEWS
REIQ announces Awards for Excellence finalists
The Real Estate Institute of Queensland has announced the finalists in its 2020 Awards for Excellence which recognise best practice in the real estate profession in the Sunshine State. REIQ CEO Antonia Mercorella said the competition is set to be fierce, with 106 finalists across varying individual, agency and external categories. “We are continually heartened by the quality of the professionals within our sector, …
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NEWS
REIQ opposes Queensland rental reforms
The Real Estate Institute of Queensland has strongly opposed the state’s proposed new rental reform laws, claiming they are a “slap in the face to every day mum and dad property owners” and would “significantly damage” the Queensland rental market. The REIQ claimed stage one of the proposal, announced last Friday by Housing Minister Mick de Brenni, would see renters struggling to find suitable housing under already tight conditions. …
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NEWS
REIQ launches professional mentoring program
The REIQ has launched its inaugural mentoring program designed to connect people and create passion within the real estate profession. The REIQ Mentoring Program aims to equip up-and-coming real estate professionals with the personal and professional attributes that will enable them to excel in their chosen field. The program will do this by connecting mentees with carefully selected REIQ mentors, who will be highly regarded, …
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