Monthly Archives: May 2018

Is it time to consider commercial real estate?

Posted on May 25, 2018 by | 0 Comments
The author identifies areas that may be of interest to those considering investing in commercial real estate. According to the most recent data released by Colliers in their Metro Office First Half 2018 report, investment returns in metro office markets are at their greatest levels in over ten years, and annual effective rental growth in North Sydney, St Leonards and Chatswood in Sydney, as well as St Kilda Road and the Melbourne City Fringe has...

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The Royal Commission – An Alternative View

Posted on May 25, 2018 by | 0 Comments
Here’s an interesting rejoinder to what the author describes a the “hysteria surrounding the Royal Commission”. We’ve all heard the admissions of misconduct from major institutions at the Royal Commission, with their statements a sad reflection on the conduct and governance of the banks. Whilst these revelations have given the media their headlines, the reality is that the vast majority of lenders act with their customer’s best interests at the forefront of their thinking. http://www.switzer.com.au/the-experts/adrian-sheahan/the-royal-commission-a-loan-writers-perspective20181505/ Peter...

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Move or Improve? Do the Sums First!

Posted on May 25, 2018 by | 0 Comments
There are plenty of reasons why people sell up and move, but with cheap money available it can make more sense to renovate the family home, as explained by Greville Pabst:   The logic is, if you are purchasing a home for $1million, the buyer has to add a further $100,000 for stamp duty, legal costs, agents commission and other charges, if they have to sell an existing property and so on. For that amount...

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Pity the Poor Real Estate Agents? Not Many Will!

Posted on May 25, 2018 by | 0 Comments
Commission is an inherently unfair method of remuneration, completely unrelated to the time, effort and skills associated with real estate sales. This is why carefully worded contract is needed to create an “entitlement” to the windfall that is commission. It will be interesting to see how this debacle plays out, and whether it will change the way salespersons in this industry are paid for what they do.   Melbourne firm SLF Lawyers, which has issued...

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Is traffic congestion an issue for home buyers?

Posted on May 16, 2018 by | 0 Comments
Is traffic congestion likely to be a factor in your home-buying decision? A home that is within walking distance of public transport may be worth more than you realise. History tells us that anything done to reduce travel times between where we live and work has fundamentally changed the value of homes in affected areas. http://www.switzer.com.au/the-experts/john-mcgrath-property-expert/budget-targets-traffic-congestion-to-improve-city-living20181504/?utm_medium=newsletter&utm_source=switzer-daily Peter Mericka B.A., LL.B – Australian Legal Practitioner, Consumer Advocate and Principal of Lawyers Real Estate Pty Ltd and...

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