The end of the three-minute training course for agents

John Cunningham, NSW REI past president. NSW real estate.

OUTGOING NSW Real Estate Institute president John Cunningham is on a mission to lift training Standards Australia-wide for real estate agents and make the industry more respected.

Mr Cunningham — managing director of Cunninghams Property on the northern beaches — has taken on a newly-created national role to improve professional standards of real estate agents.

This follows a successful term as institute president in NSW, where agents now have to complete more rigorous training before being licenced.

“There are dodgy courses out there where a certificate is issued after just 3.5 minutes,” he said.

“Improving the training for real estate agents will make a huge difference because there are gaps in the marketplace at the moment. What we want is to get a better outcome for consumers.”

The national program of training will offer a certificate four course, a diploma with an experience component and an aspirational level of training aimed at agents wanting to specialise.

“These specialist fields could be leasing, commercial or residential real estate,” said Mr Cunningham said.

“They are designed to provide the consumer with a trusted adviser who continues to learn, who is taking their career seriously and who is committed to their client.”

The outgoing REI president said he was pleased with what he set out to achieve in his two-year presidency.

He lifted the bar on agent professional standards and helped agents continue to improve themselves.

“One of the biggest highs since I became president has been the overwhelming support of members towards the real estate reform package and the move to raise our standards of education, ethics and performance,” he said.

“Our lobbying helped convince the former minister for innovation and better regulation, Victor Dominello, of the need to see the reform package and the pathway to professionalism come to fruition.”

The new reform package will be introduced in 2018, and REINSW will be at the forefront of the education implementation.

“We will be working closely with the Professional Standards Council and their agency, the Professional Standards Authority, as we progress towards submitting an application by the end of 2019 to be formally recognised as a profession,” Mr Cunningham said.

He said one of his regrets while in office was that he could not persuade the State Government to introduce a flatter tax system, which would see stamp duty replaced by a higher GST for all, similar to the New Zealand tax system.

He said bracket creep and stamp duty were inhibitors on people buying property and the tax should be shared more evenly within the community.

Real Estate Tips, Tricks And Advice

There are several different elements and aspects that impact commercial marketing tips that you won’t find engaging in a personal real estate. However, that doesn’t mean that you are limited for failing, as there are many ways you can comprehend the industry, as with these tips that give an excellent understanding of commercial marketing.

Whether promoting, settle. Make sure that you are observed and that you battle for a reasonable cost for the property.

Mixed-use city preparing is a genuine estate growth technique that can add significantly to a home’s value. A property situated in a community organized for combined use will have stores, services, and public tasks situated close by. In a mixed-use growth, many actions are taken to enhance the neighborhood’s local personality and decrease the residents’ dependency on vehicles. A home in such a community can be useful – and enjoyable to live in!

When trying to turn a home, you want it to look awesome. A front door can really harm your possibilities of promoting the home since it makes the home look inexpensive. If the entrance is strong and fit, you can probably get away with just artwork it, but if it’s not fit, just substitute it.

Certain dangerous elements might be present in flats situated in mature structures. Ask the renting broker about the existence of mesothelioma, lead-based color, or bug sprays. Don’t lease a property with a known threat to health to you and your family. The long-term medical concerns due to harmful elements in the property will cause more problems, than the short-term benefits of a less expensive lease.

Determine your funding methods before you even begin looking. It is just a pity to find the perfect property only to find that you are in a combine when it comes a chance to pay. You should figure out and are eligible with a loan provider before you begin looking for the right property so you have your financial situation set when the time comes.

If a genuine estate licensee should act as your broker, they instantly become your broker and must only execute to execute activities that will continue to execute in your best interest. A double organization is when one broker works for the two opposite events on the same property selling. This must be revealed and approved by both events.

Be sure to do research on commercial creditors. You may be able to find a lot somewhere you were not anticipating. Also, observe you will be required to put up a significant down transaction. Keep in mind that if the cope drops through there generally will be no personal responsibility and commercial creditors may be easygoing if you lend a down transaction from a different loan provider.

Use these commercial marketing tips to better comprehend the different aspects of business marketing and the many different things that you will find are engaged in the selling of business qualities. Whether promoting, you have to be sensible to the various effects that these qualities signify and how they are handled in the marketplace.