New underquoting laws commenced on 1 January 2016. Do you understand your obligations? Here’s a quick guide on the top five changes you need to know about.
What the Federal Court decided in a misleading and deceptive conduct case saw an agent charged with underquoting.
More than 70% of Northern Beaches real estate agents inspected were fined over $25,000 after a NSW Fair Trading compliance blitz.
REINSW held a free Member webinar aimed at giving agents a deeper understanding of underquoting.
REINSW has warned agents to protect themselves from the Australian Consumer Law.
Hear from REINSW President John Cunningham on underquoting, one year on.
Underquoting and other changes to the PSBA Act begin on 16 December 2016.
REINSW has made a submission on the Australian Consumer Law Review.
NSW Fair Trading has begun a two week underquoting audit of real estate agents in NSW until 18 March 2016.
Hear from REINSW's President and CEO about improving education standards and legislation changes.
There are now a set of new rules about how a real estate agent is allowed to quote a property price.
A highlights video reel of the REINSW latest underquoting session, is available to view.
We have developed a new form to help Members comply with the requirement to notify the seller of a revised estimated selling price.
The underquoting laws are now effective, are you fully prepared for what the changes mean for you?
With underquoting laws now effective, agents should be able to educate their clients on what the changes will mean to them.
Winter has long been seen as the least popular time to sell a home, but strong competition, lack of stock and low interest rates are tipped to keep up current momentum throughout the cooler months.
MEDIA RELEASE: The weighted average capital city median price for both houses and other dwellings has increased at the highest rate in a decade, the latest Real Estate Institute of Australia's Real Estate Market Facts report has found.
REIA MEDIA RELEASE: Housing affordability improved in New South Wales and South Australia, remained steady in Western Australia and the Australian Capital Territory but declined in Victoria, Queensland, Tasmania and the Northern Territory.
From a young age, Simone Luxford, Director at Essential Property Wealth, was intrigued with how to create wealth from property and has gone on to build her own successful property portfolio.
Five years after landmark reforms were introduced, the strata framework in New South Wales is once again under review. Here’s how REINSW has responded to the NSW Government’s call for input.
With well in excess of 5000 days under his belt as REINSW’s Chief Executive Officer, Tim McKibbin is a formidable force. Here we look at the man who is leading the real estate profession into the next decade with passion and gusto.
Lodging rental bonds online has improved the efficiency of settling funds making it easier for both agents and tenants, according to NSW Fair Trading.
For the past 10 years, REINSW has relentlessly lobbied Government to remove our Industry from NSW Fair Trading and establish a dedicated Property Services Commissioner instead. We need your help to get the message to your local MPs without delay.
In a submission to the Office of the NSW Small Business Commissioner, REINSW has proposed the introduction of a standard retail lease as a “natural evolution” of the Retail Leases Act 1994 (NSW).
Yes, a tenant can make certain changes of a “minor nature” to the premises.
Commission charges vary across NSW with Sydney already home to the lowest fees due to the sheer number of agents on the ground.
Time is such a valuable commodity. Most people have little time to answer their phones to friends and family, much less take a call from a local real estate professional.
It goes without saying that women have an equal footing throughout the real estate industry from front of house operations, to selling homes or leasing them out.
Did you know that more than 80 per cent of women currently retire with insufficient superannuation savings to fund a comfortable lifestyle?
MEDIA RELEASE: After an uplift last month, the latest REINSW Vacancy Rate Survey results for April 2021 show that residential rental vacancies in Sydney have again risen and now sit at 4.3%.