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I’ve just been delegated!

Can the owner of a residential rental property completely delegate responsibility for repairs and maintenance to their managing agent?

15/07/2021

15/07/2021 12:00:00 AM28/04/2022 10:53:29 AM

What’s the difference?

Professional indemnity insurance and public liability insurance are two policies that every real estate business needs. But do you understand the difference in coverage?

06/05/2021

6/05/2021 12:00:00 AM28/04/2022 10:02:24 AM

On alert! Cyber-crime on the rise

Social engineering fraud has increased in frequency and severity in recent years. Fraudsters have become especially sophisticated when targeting unsuspecting victims and the financial consequences of these crimes can be devastating.

25/02/2021

25/02/2021 12:00:00 AM28/04/2022 9:59:44 AM

Timing is of the essence

Yes, you have professional indemnity insurance. After all, it’s mandatory for real estate agencies in New South Wales to have appropriate cover.

28/01/2021

28/01/2021 12:00:00 AM28/04/2022 11:19:07 AM

Don't dodge disclosure

Whether rain, hail or shine (or even a pandemic), your professional indemnity insurance renewal comes around each year like clockwork.

13/01/2021

13/01/2021 12:00:00 AM28/04/2022 10:10:27 AM

Curbing COVID-19 claims

The COVID-19 pandemic has had a profound impact on all facets of our lives – not just on a personal level, but also professionally. Here are some practical steps you can take to mitigate the risk of a potential Coronavirus-related claim.

21/10/2020

21/10/2020 12:00:00 AM28/04/2022 11:12:53 AM

Chasing payment

Professional negligence claims against property managers for rent default and debt recovery are becoming more common. Here are some examples of real-life claims.

23/09/2020

23/09/2020 12:00:00 AM28/04/2022 10:24:48 AM

Property management perils

Professional negligence claims against property managers are on the rise. Allegations can sometimes verge on the bizarre, which underlines the reality that landlords and tenants alike are looking for someone to blame when problems arise.

21/08/2020

21/08/2020 12:00:00 AM28/04/2022 10:56:30 AM

Transfer of the insurance business of Realcover Insurances Pty Limited to QBE Insurance (Australia)

Customer information about the transfer of Realcover Insurances Pty Ltd to QBE

29/05/2020

29/05/2020 12:00:00 AM28/04/2022 10:32:28 AM

Major reforms – Government reassure industry there's time to adapt

Industry Reforms, it’s a term that’s been thrown about for years – now it's time to understand what they really mean

25/03/2020

25/03/2020 12:00:00 AM28/04/2022 10:25:50 AM

NCAT rules Biowood cladding is combustible

In a major development for the Strata industry, the NSW Civil and Administrative Tribunal (NCAT) has recently held that Biowood cladding installed externally on a Sydney building is combustible and must be removed as it is a major defect.

16/01/2020

16/01/2020 12:00:00 AM28/04/2022 11:04:58 AM

Communication is key

Property managers have a hard gig, to say the least. The sheer scale of their responsibilities is staggering and professional negligence claims are, unfortunately, not unusual.

14/01/2020

14/01/2020 12:00:00 AM28/04/2022 9:50:30 AM

Six questions to ask when choosing a smoke alarm service provider

Smoke alarm maintenance is about protecting your client’s investments, the lives of your tenants, and your agency.

19/12/2019

19/12/2019 12:00:00 AM28/04/2022 9:54:12 AM

Preventing Identity Fraud

Vendor identity fraud is more common than it should be, yet many agents still have not implemented prevention procedures to protect themselves.

11/12/2019

11/12/2019 12:00:00 AM28/04/2022 10:22:32 AM

Everything you need to know about the Industry Reforms

Industry Reforms, it’s a term that’s been thrown about for years – now it's time to understand what they really mean

22/10/2019

22/10/2019 12:00:00 AM28/04/2022 10:55:08 AM
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Rental crisis takes hold as Sydney vacancies drop to new low

After a brief reprieve last month, the latest REINSW Vacancy Rate Survey results show that residential vacancies in Sydney have once again taken a dive. Vacancy rates across regional New South Wales were a mixed bag.

09/08/2022

9/08/2022 9:00:00 AM9/08/2022 10:25:04 AM

Agents step up to help

Floods have devastated communities across NSW and, when faced with adversity, local agents have shown a generosity of spirit and determination. Here is a glimpse of just some of the acts of kindness that demonstrate why agents are our local heroes.

26/07/2022

26/07/2022 12:00:00 AM3/08/2022 12:13:11 PM

Birds of a feather

After 20 years as Licensee & Director of LJ Hooker Freshwater, Cranston Schwarz was ready for a new and creative business challenge. The result is Schwarz, a proudly independent, boutique agency servicing the southern end of Sydney’s Northern Beaches

25/07/2022

25/07/2022 12:00:00 AM25/07/2022 11:02:43 AM

Managing Mould: Tips for property managers

Mould. It’s a word that evokes a feeling of dread for most property managers. After months of torrential rain, property managers across NSW are being inundated with complaints from tenants and with temperatures plummeting the problem is set to worsen

21/07/2022

21/07/2022 12:00:00 AM21/07/2022 3:27:32 PM

How to get ahead of the competition when giving an appraisal

It is one of the toughest parts of being a real estate agent – conducting a property appraisal and not landing the listing. Despite your best efforts, the seller decides to go with another agency. So, how can you avoid rejection and win over a vendor

20/07/2022

20/07/2022 12:00:00 AM20/07/2022 9:24:35 AM

Know your cyber risks and stay alert

Cyber-attacks are on the rise and an increasing number of unsuspecting real estate agents are being tricked into redirecting funds and disclosing private information. Agents know property, but when it comes to cyber security it’s a different story.

19/07/2022

19/07/2022 12:00:00 AM19/07/2022 9:28:07 AM

Vacancy rates ease slightly, but demand continues to escalate

MEDIA RELEASE: The latest REINSW Vacancy Rate Survey results show that residential vacancies in Sydney bounced back slightly in June 2022 after recording a five-year low in the previous month.

13/07/2022

13/07/2022 9:00:00 AM13/07/2022 6:04:45 PM

REINSW 2022 Awards for Excellence finalists announced

MEDIA RELEASE: REINSW has announced the finalists for its 25th annual Awards for Excellence, the most respected competition within the real estate profession, which acknowledges exceptional performances across the industry.

05/07/2022

5/07/2022 7:00:00 PM18/07/2022 5:28:29 PM

Why mentoring matters

It is an intensely competitive business, but the real estate industry can also be one of the most nurturing. Sharing knowledge and experience - through mentoring - helps to foster professional development and leadership skills.

29/06/2022

29/06/2022 12:00:00 AM29/06/2022 10:34:55 AM

Ollie Gearing wins the 2022 REINSW Novice Auctioneers Competition

MEDIA RELEASE: A record seven finalists battled it out on Friday evening at this year’s REINSW Novice Auctioneers Competition (NAC) Final. The event saw Ollie Gearing, from Advantage Property Group in Newcastle, take out the winner’s crown.

27/06/2022

27/06/2022 7:00:00 PM13/07/2022 6:14:03 PM

REINSW responds to NSW Budget

MEDIA RELEASE: The NSW Budget was handed down yesterday and housing affordability was a key focus, with stamp duty reform and the shared equity scheme trial taking centre-stage. REINSW has provided its response to the measures.

22/06/2022

22/06/2022 9:00:00 AM13/07/2022 6:16:03 PM

Just do it

'Just do it’ is the motto Rebecca Cribbin lives by. This mindset has helped her to take opportunities, build two successful real estate businesses, and write a book to share her expertise with others wanting to manage holiday and short-term rentals.

21/06/2022

21/06/2022 12:00:00 AM21/06/2022 9:41:13 AM

Industrial precincts in demand as local businesses shift gears

Since the pandemic hit, Australian real estate has been tracking at different speeds - a skyrocketing residential market and a rollercoaster ride in the commercial space.

15/06/2022

15/06/2022 12:00:00 AM23/06/2022 8:56:03 AM

House prices increase, other dwellings take a hit and rents keep rising

REIA MEDIA RELEASE: Australian housing prices continued to rise but other dwellings recorded falls over the March quarter, Real Estate Institute of Australia’s (REIA) latest Real Estate Market Facts report has found.

15/06/2022

15/06/2022 12:00:00 AM21/06/2022 11:50:41 AM

House prices hit a 20 year record for annual growth

REIA MEDIA RELEASE: Housing and rental affordability have declined across Australia as limited stock levels, inflation and interest rate rises continue to create trepidation in the market, the latest REIA Housing Affordability Report has found.

10/06/2022

10/06/2022 12:00:00 AM13/07/2022 6:19:24 PM