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Strata by-laws may be ‘admin nightmare’ but tenants need to know building rules

Property managers who fail to supply tenants with a building’s strata by-laws, are risking a hefty fine – even if they are not at fault for the breach.

23/03/2021

23/03/2021 12:00:00 AM23/03/2021 5:04:31 PM

Uniting the industry

Meet Peter Matthews who was announced at the REINSW Annual General Meeting in November 2020, as the President Elect for the next 12 months.

12/03/2021

12/03/2021 12:00:00 AM12/03/2021 10:19:50 AM

REINSW is lobbying for mandatory RCDs to be rolled out across NSW

REINSW has been working with Government on improving electrical safety in all NSW properties due to overall concerns of statistics of electrical fires within NSW households.

01/03/2021 | Only Members can view this content. You will need to sign in to view

1/03/2021 12:00:00 AM1/03/2021 4:11:10 PM

Altered arrangements for convening

The provisions allowing electronic convening and voting at meetings, introduced in response to the COVID-19 pandemic, should be made permanent and not repealed on 13 May 2021.

26/02/2021 | Members and non-members can view this content. You will need to create an account or sign in to view this content.

26/02/2021 12:00:00 AM26/02/2021 11:05:03 AM

Pre-meeting electronic voting for elections

Clause 14 of the Strata Schemes Management Regulation 2016 (NSW) should be amended to make it clear that pre-meeting electronic voting does not extend to elections.

23/02/2021 | Members and non-members can view this content. You will need to create an account or sign in to view this content.

23/02/2021 12:00:00 AM23/02/2021 9:20:22 AM

Combustible cladding: interest-free loans to speed up removal from NSW apartment buildings

Interest-free 10-year loans have been welcomed to fast-track the removal of high-risk combustible cladding from apartment buildings across NSW.

22/02/2021

22/02/2021 12:00:00 AM23/02/2021 2:42:02 PM

Quorum

The provisions regarding the quorum at a meeting need to be redrafted, so that it is clear, particularly in the case of small strata schemes, what happens if there’s not a quorum.

19/02/2021 | Members and non-members can view this content. You will need to create an account or sign in to view this content.

19/02/2021 12:00:00 AM19/02/2021 9:08:35 AM

Items requiring statutory warranty

Further guidance needs to be provided regarding the need to include an item on the Annual General Meeting agenda to consider building defects and rectification where warranty periods under the Home Building Act 1989 (NSW) apply.

17/02/2021 | Members and non-members can view this content. You will need to create an account or sign in to view this content.

17/02/2021 12:00:00 AM19/02/2021 9:25:20 AM

Record keeping

The legislation should be amended to allow for the better maintenance of strata records, including electronic storage and back-up, as well as a requirement to maintain an overall index of records.

15/02/2021 | Members and non-members can view this content. You will need to create an account or sign in to view this content.

15/02/2021 12:00:00 AM19/02/2021 9:24:23 AM

Insurance valuations

The requirement for an Owners’ Corporation to obtain a building insurance valuation every five years should be reintroduced and amendments made to remove reinstatement from the valuation exercise.

12/02/2021 | Members and non-members can view this content. You will need to create an account or sign in to view this content.

12/02/2021 12:00:00 AM12/02/2021 2:29:41 PM

Window safety devices

The legislation needs to clarify who is responsible for the ongoing maintenance of window safety devices and address the many practical issues that are currently causing confusion.

11/02/2021 | Members and non-members can view this content. You will need to create an account or sign in to view this content.

11/02/2021 12:00:00 AM19/02/2021 9:18:53 AM

Minor renovations by owners

There should be a statutory requirement to register minor renovations to common property carried out by lot owners.

09/02/2021 | Members and non-members can view this content. You will need to create an account or sign in to view this content.

9/02/2021 12:00:00 AM19/02/2021 9:17:13 AM

Your CPD obligations

Continuing Professional Development has changed and all agents need to understand what their obligations are in accordance with their classification in the licensing structure.

08/02/2021

8/02/2021 12:00:00 AM12/02/2021 10:30:03 AM

WIRE 2021 - Meet our keynote speaker Manal al-Sharif

The REINSW Women in Real Estate Conference (WIRE) is returning on 10 March 2021, with registrations open now.

04/02/2021

4/02/2021 12:00:00 AM4/02/2021 9:45:42 AM

Affixing Owners Corporation seal

The requirement to affix the seal of the Owners’ Corporation to instruments and documents should be repealed.

03/02/2021 | Members and non-members can view this content. You will need to create an account or sign in to view this content.

3/02/2021 12:00:00 AM19/02/2021 9:16:28 AM
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What are my CPD obligations?

It’s the question that is asked of the REINSW Training team every single day. In the past, the answer was simple – just complete 12 points. Now, it’s not some simple and what you need to do to complete your CPD will depend on your qualification.

07/05/2021

7/05/2021 12:00:00 AM7/05/2021 11:43:59 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 AM6/05/2021 9:30:09 AM

Better questions, better answers

Asking the right questions to uncover your client’s motivation can make all the difference. Here’s how.

05/05/2021

5/05/2021 12:00:00 AM5/05/2021 9:37:59 AM

Leap of faith

With a natural flair for business and a shared love of property, buyers’ agents Mark and Nicky Cadry are making their mark on Sydney’s Eastern Suburbs real estate scene.

04/05/2021

4/05/2021 12:00:00 AM5/05/2021 9:45:52 AM

Full of fire

Born and bred in a rural town where community spirit was alive and well, Ricky Briggs is naturally driven to help others. Here the finalist in the Community Service category at REINSW's 2020 Awards for Excellence talks about his personal motivation.

03/05/2021

3/05/2021 12:00:00 AM3/05/2021 11:41:35 AM

Buyers’ Agents given formal recognition in the Residential Conveyancing Protocol

The Law Society of NSW has formally recognised the role buyers’ agents play in property sales, following a campaign led by the Real Estate Institute of New South Wales.

27/04/2021

27/04/2021 12:00:00 AM4/05/2021 12:02:45 PM

Changing Price Guides

Australian house prices are rising at their fastest pace in decades, which has presented many selling agents with a common question - how to keep price guides in line with such unprecedented demand?

26/04/2021

26/04/2021 12:00:00 AM26/04/2021 10:18:54 AM

Keeping It Real On The Road

After a year of Zoom meetings, online training and Facebook live broadcasts, we’re excited to hit the road once again for the REINSW Roadshow and spend time with members.

23/04/2021

23/04/2021 12:00:00 AM23/04/2021 12:00:13 PM

Sydney’s vacancy rate on the rise again, as regional areas tighten

MEDIA RELEASE: The REINSW Vacancy Rate Survey results for March 2021 show that vacancies in Sydney are once again on the rise.

20/04/2021

20/04/2021 12:00:00 AM20/04/2021 10:44:34 AM

Leadership in action

International Women’s Day celebrates the tremendous efforts by female leaders around the world in shaping a more equal future.

19/04/2021

19/04/2021 12:00:00 AM19/04/2021 2:54:51 PM

Making a positive difference

Driven by her passion for the industry and dedication to nurturing lifelong client relationships, Maria Eveleigh has thrived as a property manager and built a rewarding career based on service excellence.

15/04/2021

15/04/2021 12:00:00 AM15/04/2021 1:02:21 PM

Property sales still require a skilled agent and expertise even in a booming market

A red-hot market may appear to be a real estate agent’s dream, but most are still working harder than ever in the pandemic property boom.

14/04/2021

14/04/2021 12:00:00 AM14/04/2021 1:38:03 PM

Residential Conveyancing Protocol

Entered into by The Law Society of New South Wales and the Real Estate Institute of New South Wales on behalf of their members.

12/04/2021 | Members and non-members can view this content. You will need to create an account or sign in to view this content.

12/04/2021 12:00:00 AM12/04/2021 9:11:35 AM

Standard retail leases will give retailers a lift at this critical time

MEDIA RELEASE: As we await the economic fallout of the end of JobKeeper, the Real Estate Institute of NSW (REINSW) has devised a way for retail businesses to save thousands of dollars at a time when they need all the help they can get.

01/04/2021

1/04/2021 12:00:00 AM1/04/2021 3:32:51 PM

COVID Recovery Bill passes the buck

MEDIA RELEASE: Throughout the pandemic, landlords have provided support for tenants unable to pay rent and now, despite the NSW Government again claiming it is supporting tenants and landlords, the COVID Recovery Bill leaves both hanging out to dry.

30/03/2021

30/03/2021 12:00:00 AM30/03/2021 4:51:10 PM