Search Results for: antonia mercorella
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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…
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Real Estate 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…
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Real Estate 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.…
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Real Estate 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…
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Real Estate 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…
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Real Estate 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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Real Estate 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…
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Real Estate 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…
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Real Estate 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…
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Real Estate 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,…
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Real Estate News
REIQ announces new board directors at AGM
The REIQ has announced the re-election of Peter Brewer as both a Member Director and Chairman of the Board, following last week’s annual general meeting, held at the REIQ’s Cannon Hill offices. He was joined by property manager, Laura Valenti, who was elected to the board as its female member director, a dedicated position which was introduced to the constitution…
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Real Estate News
The RBA cuts rates to 0.75 per cent
The Reserve Bank of Australia has cut official interest rates by 25 basis points to a record low of 0.75 per cent. Going into the meeting of the RBA, markets were predicting that there was a 79 per cent chance that there would be a rate cut at the October meeting. This year, the RBA has cut rates three times,…
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Real Estate News
The new due diligence: climate change on the agenda for home buyers
While due diligence has always been of upmost importance for those looking to purchase a new home, once upon a time that simply referred to things like building and pest inspections, utility access and land boundary checks. These days though, as awareness of climate change and its potential impact increases, home buyers need to think more broadly when it comes…
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National
Variable mortgage rates fall below 3 per cent following RBA’s second consecutive cut
Variable mortgage rates in Australia have hit a new low following the historic decision by the Reserve Bank of Australia to cut the cash rate to 1 per cent. Late this afternoon, RateCity.com.au confirmed Reduce Home Loans was among the small lenders embracing the latest cut, slashing its lowest rate by 0.20 per cent to 2.89 per cent. Meanwhile, ANZ…
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Real Estate News
REIQ hits the road for the ‘Real Tour’
The Real Estate Institute of Queensland (REIQ) is set to hit the road with an educational road-trip tour around regional Queensland. The ‘Real Tour’ is a day-long program of entertaining, educational sessions, closing with a fun networking session with all of the speakers. REIQ CEO Antonia Mercorella said the road trip was designed to bring the best of the REIQ…
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Real Estate News
APRA proposes loan providers to set their own floor rate, allowing bigger mortgages
The Australian Prudential Regulation Authority (APRA) has announced a possible revision to its 7 per cent ‘stress test’ buffer on home loans. In a letter issued to authorised deposit-taking institutions (ADIs), APRA has proposed removing its guidance and allowing ADIs to review and set their own minimum interest rate floor for use in serviceability assessments. In the letter, the regulator…
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EPM
In too deep: How to manage property through natural disaster
Cassandra Charlesworth spoke to principals in Townsville and the Whitsundays to find out what that experience is like, and to understand the most effective strategies they implemented when dealing with these defining moments. Townsville Flooding: Ben Kingsberry, Harcourts As the rain continued to fall in Townsville on 31 January, Harcourts Kingsberry Principal Ben Kingsberry knew this would be a weather…
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Real Estate News
Brisbane defies falling house prices: REIQ
Figures from the latest REIQ Queensland Market Monitor have shown positive signs for Brisbane as the city closed out 2018 with a median house price growth of 1.1 per cent. According to REIQ CEO Antonia Mercorella, a rise of this kind for this market means Brisbane is really performing the best out of the three largest capital city property markets. However, she did…
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INDUSTRY NEWS
Negative Gearing reform will increase rents and decrease values: SQM
If Labor’s negative gearing policy is legislated in its current form, expect a rise in rental yields which will occur through a combination of falling house values and, eventually, a rise in rents. That’s the headline from an update to an SQM Research (SQM) research paper released in November 2018, modelling the proposed Labor Party changes to negative gearing that…
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Real Estate News
Sunshine Coast agents dominate the REIQ Awards
THE Sunshine Coast staked its claim to be home to the best agents in Queensland, scooping five of the 19 awards at last night’s REIQ Awards for Excellence gala, as more than 500 real estate professionals gathered at the RNA Showgrounds. Jodie Hedley-Ward from McGrath Caloundra claimed the Best Salesperson of the Year award, while the agency also took home…
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Real Estate News
REIQ appoints new digital-focused General Manager
The REIQ is one step closer to finalising its digital transformation with the appointment of its new General Manager, Josh Callaghan. Mr Callaghan, who was previously the General Manager of financial comparison site Canstar and also co-founder of FinTech Queensland, says he is excited to take on this new challenge of REIQ’s transformation. “Real estate is dear to all Australians…
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Real Estate News
REIQ & REA are doing their bit to ease Townsville housing shortfall
Real estate peak body The Real Estate Institute of Queensland and REA Group who own Flatmates.com.au, have come together to establish a short-term solution for Townsville’s potential housing shortfall. As the massive clean up of flooded homes continues, displaced Townsville residents and workers flying into the city to help will have an easier time finding accommodation with REIQ CEO Antonia…
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Real Estate News
REIQ Hosts Emergency Forums to help Townsville Agents
Peak body for the Queensland real estate profession The Real Estate Institute of Queensland is hosting two forums in Townsville on Wednesday 13 February to help all real estate professionals manage issues arising from the floods. REIQ CEO Antonia Mercorella said the REIQ Townsville Flood Forum was free to all Townsville real estate professionals and was designed to answer all…
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INDUSTRY NEWS
REIQ 2019 Awards for Excellence finalists announced
The Real Estate Institute of Queensland has announced its 2019 Awards for Excellence finalists, representing the best in the Queensland real estate profession. REIQ CEO Antonia Mercorella congratulated all finalists on their success. “This year’s Awards attracted a very high calibre of entrants, reflecting the growing focus on professionalism for all REIQ members,” she said. “To be named a finalist…
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INDUSTRY NEWS
REIQ announces new board directors at AGM
The REIQ today announced two new Board Directors, elected under the newly reserved positions for a Female Regional Member Director and a Young Director (Under-35), following its Annual General Meeting at the Cannon Hill offices. The two successful candidates are Linda Bland (Female Regional Director) and Joshua Kindred (Young Director). The REIQ Board of Directors: Peter Brewer (re-appointed as Chair)…
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INDUSTRY NEWS
Balance between renters and landlords needed in rental law reforms
The REIQ welcomes the Open Doors to Renting Reform consultation, which forms part of the Queensland Government’s Department of Housing and Public Works (HPW) ongoing review of the Residential Tenancies and Rooming Accommodation Act (2008). A snap poll on the Open Doors to Renting Reform website asked: “Would a pet bond help tenants and property owners reach agreement around keeping…
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INDUSTRY NEWS
Cream of the crop battle for REIQ Auctioneer of the Year title
Four of Queensland’s leading auctioneers will battle for the title of REIQ Auctioneer of the Year next Thursday, August 23 at Victoria Park Complex. Reigning REIQ Auctioneer of the Year and Australasian Auctioneering Champion Justin Nickerson will compete with former REIQ Auctioneer of the Year Mark MacCabe, former REINSW Auctioneer of the Year Gavin Croft and former REIQ Auctioneer of…
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INDUSTRY NEWS
Palaszczuk Government makes a commitment to introduce mandatory CPD for Queensland agents
The REIQ has welcomed the commitment from the Palaszczuk Government to introduce mandatory continuing professional development (CPD) for real estate professionals, but as of yet there is no time frame for the changes to come into place. REIQ CEO Antonia Mercorella said the promise, made by Treasurer Jackie Trad, was the successful outcome the REIQ had been working towards. “We…
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INDUSTRY NEWS
2018-19 state budget wrap up: What it means for the property sector
With the majority of states (South Australia will need to wait until September due to their change in government) receiving their 2018-19 budgets, here’s how the property industry fared across the nation. New South Wales The second NSW budget handed down by Treasurer Dominic Perrottet had an aim to tackle transport, health and education projects, but left a lot to…
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INDUSTRY NEWS
Coasts outperform the capital in Queensland for 2017
The beachfront markets of the Gold and Sunshine Coast, and Noosa, have finished 2017 with the strongest growth in the state, significantly outperforming Brisbane. The Gold Coast delivered a gold medal performance, with the annual median house price growing by 7.7 per cent, to end the year on $615,000. The Sunshine Coast median house price grew 6.4 per cent to…
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INDUSTRY NEWS
REIQ names best of the profession for 2018
A record-breaking fourth title win for REIQ Auctioneer of the Year Justin Nickerson has led this year’s REIQ Awards for Excellence as more than 700 real estate professionals gathered to recognise the elite in their field at the Brisbane Royal International Convention Centre (RNA) on March 3rd, 2018. The win is the third consecutive win for Mr Nickerson and the…
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EPM: Technology & Social
Elevation meets integration: The evolution of the property management industry
The property management industry experienced a significant shift in 2017. But that’s nothing compared to what’s to come in 2018, according to Rockend CEO Alister Maple-Brown and Antonia Mercorella, CEO at REIQ. Here they discuss the year that was and the year ahead in property management. With the dream of home ownership becoming more and more difficult for many, the…
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INDUSTRY NEWS
Inner Brisbane vacancies ease, rest of the State tightens
Renters flocked to the middle ring, while supply in inner Brisbane exceeded demand, pushing the vacancy rate to 4 per cent, according to REIQ December quarter rental data released today. Inner Brisbane (0-5km ring) vacancies lifted from 3.7 per cent in September last year to 4 per cent in the December quarter, while the middle ring sharply tightened from 3.4 per…
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INDUSTRY NEWS
Beachfront markets lead growth surge: REIQ
Southeast Queensland’s world-class beaches are driving median price growth for our coastal housing markets, with Noosa reining supreme with 9.6 per cent annual growth, followed by Gold Coast with 7.3 per cent annual growth and Sunshine Coast LGA with 6.8 per cent annual growth to median house prices. REIQ CEO Antonia Mercorella said the growth surge was helped along by…
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INDUSTRY NEWS
REIQ 2018 Awards for Excellence Finalists Announced
REIQ CEO Antonia Mercorella said this was a very special event because the winners would be part of the REIQ during its centenary of celebrations. “As we look back on a century of shaping the Queensland real estate market it’s wonderful to draw a link between today’s highly professional real estate practitioners and those ambitious few men who started this…
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