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INDUSTRY NEWS
Navigating the new Privacy Bill: what real estate agents and businesses need to know
Discover the 2024 Privacy Bill changes, penalties, and how agencies can avoid breaches. Stay compliant with new privacy obligations. Learn more.
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BEST PRACTICE
Kristen Porter: Fair Work Act changes – do you know if your team member is an employee or a contractor?
Running a real estate business can be a bit like walking a tightrope, especially when it comes to figuring out whether a team member is an employee or an independent contractor.
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Elite Agent
Are written contracts key to employee or contractor status?
You’re probably just caught up on all the different factors you need to consider when determining if your contractor really is a contractor, or if they might just be an employee.
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Elite Agent
Commission protection alert: Are your agreements at risk?
We’ve all heard the saying, “Don’t forget to dot your I’s and cross your T’s”, but that expression has never been more important than on your agency agreements.
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OPINION
Privacy Awareness Week: why your clients’ privacy matters to them – and you
The Deloitte Privacy Index revealed some disappointing, yet probably unsurprising news when it comes to how consumers perceive the real estate industry.
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OPINION
Starting your own agency? Here’s what you absolutely need to know
When you’re starting your own agency, there are a lot of different factors you need to consider. The main one? Which startup route you’ll take to establish your agency. There isn’t a one-size-fits-all method to starting your own business, and there are various structures you can choose from.
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OPINION
Why buying a rent roll takes a lot longer than buying a house
Just as a real estate agent might wander through a prospective seller’s home, offering a few tips ahead of sale – perhaps a fresh coat of paint, some new carpet – as a business owner, you’ll need to go through a similar process when it comes time to sell your rent roll.
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OPINION
Seven things to consider before going out on your own
The decision to make the move from real estate salesperson to business owner is a big one.
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BEST PRACTICE
If you don’t plan your exit, you plan to fail
I often hear from agency principals that the bulk of the goodwill and value of their business is directly tied to them – in other words, if they were to exit, so too would that goodwill value. That’s why it’s critical to have someone lined up – experienced and appropriate hands – to take over and run your business if…
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OPINION
Kristen Porter: Changes are coming to privacy laws
A suite of changes is likely coming to privacy laws in the near future, giving consumers greater control over, and ownership of, their personal information, including a new right for individuals to directly take businesses to court.
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OPINION
Would your real estate contractor pass the test?
Hiring independent contractors is popular in the real estate industry, with many high performers insisting on this type of arrangement in order to save tax.
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CONTRIBUTORS
Things to consider when buying or selling a rent roll
The rent roll market is a hot one, with demand far exceeding supply. So, whether you’re looking to buy or sell a rent roll, you better have your ducks in a row, says legal strategist and founder of O*NO Legal, Kristen Porter.
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CONTRIBUTORS
Five critical questions to ask when going into business with others: Kristen Porter
Not too long ago I worked with a client who didn’t have formalised rules drawn up around expenditure, drawings, or dividends in their business. Despite this, it was usual that they would draw a certain amount of funds each fortnight, that their accountant would later reconcile as dividends. It soon became clear there was insufficient cash available to meet the…
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OPINION
To jab or not to jab, that is the question?
The issue of mandatory vaccination is a hot topic in various industries as the world works out how to live with COVID-19. O*NO Legal Founder and Legal Strategist Kristen Porter examines the topic as it relates to Australian real estate, including whether home owners can demand agents have had the jab. I read a really interesting article in The Lawyer’s…
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CONTRIBUTORS
Is offering ownership in your agency the right call?
O*No Legal founding director Kristen Porter breaks down the key considerations when bringing new stakeholders into your business.
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Elite Agent
The biggest Privacy Act mistake you need to avoid
Oh, no! You don’t comply with the Privacy Act as you have been told you don’t need to, but you have fallen into the biggest privacy trap out there.
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