Viewing entries posted in February 2012
AREC 2012
Related Information
Business Courses (http://www.pts.edu.au)
Word of the Week - Bracketing
The selecting of a value used in the sales comparison approach that falls within the highs and lows of recent selling prices of comparable properties.
Related Information
CPD Courses (http://www.pts.edu.au)
Joint Tenancy VS Tenants in Common
Joint Tenancy
An equal undivided ownership interest of a property by two or more natural persons that is created by a single transfer document. Upon the death of a joint tenant the surviving joint tenants take the entire decedent’s share of the property so nothing passes to the heirs of the deceased.
Tenancy in Common
The co-ownership of property by two or more...
Tenant Leaves Behind 70,000 Beer Cans?
A seemingly unbelievable mess discovered last year in an Ogden townhouse has suddenly become an Internet legend.
It's all TRUE! You know how some people, after they use something, just can't bear to throw it away. That might make sense if it's magazines or clothes. But what if it's empty beer cans? In astounding numbers?
When property manager Ryan...
Risks of not declaring beneficial interest
Obtaining a ‘beneficial interest’ includes:
purchasing property
obtaining an option to purchase property or
being granted a general power of appointment in respect of property.
An agent or salesperson is considered to obtain a beneficial interest if the interest is obtained by:
the agent or salesperson or a close relative (including a spouse or de facto partner, child, grandchild sibling, parent or grandparent)
a...
Term of the Week - Purchase and Leaseback
A transaction method used to free up cash whereby an investor becomes the actual owner of a property by purchasing it from the original owner-occupant who subsequently continues to occupy and use the property under a long-term leaseback with the new owner.
Related Information
Real Estate Traineeships (http://www.pts.edu.au)
Time Management
Get organisedClearing cluttered desks helps counteract stress avoids you wasting time looking for things! A cluttered desk makes a cluttered mind!Plan your daySay no to post it notes! Make a master list in order of priority tackle the worst things first! Give yourself a deadline stick to it!Boost your energyMany of us skip lunch...
Word of the Week - Client VS Customer
A client in the Real Estate industry is generally considered to be the person or party who engages or employs the agent to provide a service under an agreement and who pays the agent's fees. For example, a vendor or a landlord.
A customer in the Real Estate industry is generally considered to be the person or party who engages with...

