OPINIONby Peter Mericka B.A., LL.BReal Estate LawyerQualified Practising Conveyancer VictoriaDirector Lawyers Real Estate Pty Ltd The ultimate real estate office model has arrived. It’s the ILP – a lean, clean sales machine that combines the roles of lawyer, conveyancer and real estate agent to provide an optimum real estate service on a fixed fee basis. Anyone can establish an ILP, including real estate agents, conveyancers and accountants, to provide clients with a one-stop-shop for...
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OPINIONby Peter Mericka B.A., LL.BReal Estate LawyerQualified Practising Conveyancer VictoriaDirector Lawyers Real Estate Pty Ltd It would seem that real estate agents are the same, all around the world. The following anecdote appears on a real estate industry blog in the United States. What makes this anecdote particularly interesting is the author’s final comment “not all sales have to be ‘difficult’ to makes the salesman deserving.“ I have often wondered as to whether real...
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OPINIONby George RousosDirectorIndustry Training Consultantsgeorge@itc.nsw.edu.au After receiving glowing support from my clients and colleagues, it was now time to take decisive action by requesting to the NSW Minister- The Hon. Virginia JUDGE, BEd MP that urgent amendments to real estate laws in NSW be introduced in parliament. What follows is my letter to the Minister, written after my reading of the following article which appeared in the Sydney Morning Herald: Watchdog raids real estate...
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OPINIONby Tim O’Dwyer M.A., LL.BSolicitorConsumer Advocate watchdog@argonautlegal.com.au Former corruption investigator Tony Fitzgerald QC and former premier Wayne Goss recently charged that Queensland’s Beattie and Bligh governments had let the state slide back into its “dark past”. “Ethics are always tested by incumbency”, explained Fitzgerald. “The longer any side of politics is in power, the more risk cobwebs will settle”, Goss added. Both agreed that standards had slipped during 11 years of Labor government –...
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OPINIONby Tim O’Dwyer M.A., LL.BSolicitorConsumer Advocate watchdog@argonautlegal.com.au The Queensland Law Society has warned its solicitor members of an attempted trust account scam that had been brought to the Society’s attention. A Queensland law firm had been contacted by individuals who purported to be associated with a large international company trying to recover outstanding debts from Australian companies. The law firm was instructed not to contact the debtor company. The firm soon received a cheque...
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by George Rousos Director Industry Training Consultants george@itc.nsw.edu.au Statutory authorities must start exercising the same degree of care towards sellers as they do with buyers of properties. It was discovered and found on the NSW Office Of Fair Trading’s website, no cooling-off period applies to sellers of properties once contracts have been exchanged, sellers are generally bound to complete the agreement. (See the article “Sale Contracts” on the website of the...
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