Getting property advice is one of the most important steps to take when investing in real estate.

However, there is no guarantee that every property advisor in the industry has received the right level of education, which can be pretty risky, especially for investors.

What are the dangers inherent in the unregulated nature of real estate? How does this low barrier to entry for buyer’s agents affect consumers? 

In this episode, Peter Koulizos of PIPA is going to help us understand the educational gap issue and its impact on the real estate market. We’ll talk about the absence of regulation governing property investment advisors, accessibility of good advice, the future of the property market in Australia when it comes to education, and more!

If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at questions@theelephantintheroom.com.au!

See you in the episode!

 

Episode Highlights:
What is “property advice”? [02:09]
Difference between a property investment advisor and a buyer’s agent [04:28]
What qualifications are needed to become a property investment advisor? [06:12]
Why is there no need for regulation? [10:50]
Regulations in property & becoming a property investment advisor [15:10]
Overregulation for some professionals in real estate [18:25]
Property investment hot-spotting [21:55]
Resistance in the property industry [25:41]
Paying for good property advice [27:59]
Mistakes some people make when purchasing properties [34:10]
Yield vs growth: What is more important when it comes to property? [35:46]
Capital growth gives you a tax liability (for good) [38:01]
Identifying if someone’s methodology works [41:01]

 

Links from the Show:
For property investment advice, visit the PIPA website 
Episode 207: Suburb Trends December 2021 | Exploring the Dark Side of Property Data
Episode 213: Why Do Real Estate Agents Have Such a Bad Reputation? | John Cunningham, Cunninghams Real Estate





About Peter:

Known as “The Property Professor”, Peter Koulizos holds a teaching degree, Masters of Business (Property) and Master of Urban & Regional Planning. Peter is currently the Program Director of the Master of Property at Adelaide University. Peter has been teaching in real estate and investment for over 25 years. Peter also personally invests/develops property and currently holds several properties. He has published two books; “The Property Professor’s Top Australian Suburbs” and “Property vs Shares”. His third book will be out soon.

 

Connect with Us:
Looking for a Sydney Buyers Agent? www.gooddeeds.com.au
Work with Veronica: https://linktr.ee/veronicamorgan
Looking for a Mortgage Broker? www.wealthful.com.au
Work with Chris: hello@wealthful.com.au 
Send in your questions to: questions@theelephantintheroom.com.au 

 

Find this episode on our website:

https://www.theelephantintheroom.com.au/podcasts/217 

 

If you’ve enjoyed this episode, don’t forget to like, share, rate and subscribe for more!

Getting property advice is one of the most important steps to take when investing in real estate.
However, there is no guarantee that every property advisor in the industry has received the right level of education, which can be pretty risky, especially for investors.
What are the dangers inherent in the unregulated nature of real estate? How does this low barrier to entry for buyer&rsquo;s agents affect consumers?&nbsp;
In this episode, Peter Koulizos of PIPA is going to help us understand the educational gap issue and its impact on the real estate market. We&rsquo;ll talk about the absence of regulation governing property investment advisors, accessibility of good advice, the future of the property market in Australia when it comes to education, and more!
If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at <a href="mailto:questions@theelephantintheroom.com.au">questions@theelephantintheroom.com.au</a>!
See you in the episode!
&nbsp;
Episode Highlights:
<ol>
<li aria-level="1">What is &ldquo;property advice&rdquo;? [02:09]</li>
<li aria-level="1">Difference between a property investment advisor and a buyer&rsquo;s agent [04:28]</li>
<li aria-level="1">What qualifications are needed to become a property investment advisor? [06:12]</li>
<li aria-level="1">Why is there no need for regulation? [10:50]</li>
<li aria-level="1">Regulations in property &amp; becoming a property investment advisor [15:10]</li>
<li aria-level="1">Overregulation for some professionals in real estate [18:25]</li>
<li aria-level="1">Property investment hot-spotting [21:55]</li>
<li aria-level="1">Resistance in the property industry [25:41]</li>
<li aria-level="1">Paying for good property advice [27:59]</li>
<li aria-level="1">Mistakes some people make when purchasing properties [34:10]</li>
<li aria-level="1">Yield vs growth: What is more important when it comes to property? [35:46]</li>
<li aria-level="1">Capital growth gives you a tax liability (for good) [38:01]</li>
<li aria-level="1">Identifying if someone&rsquo;s methodology works [41:01]</li>
</ol>
&nbsp;
Links from the Show:
<ul>
<li aria-level="1">For property investment advice, visit the <a href="https://www.pipa.asn.au/">PIPA website</a>&nbsp;</li>
<li aria-level="1"><a href="https://www.theelephantintheroom.com.au/podcasts/207">Episode 207: Suburb Trends December 2021 | Exploring the Dark Side of Property Data</a></li>
<li aria-level="1"><a href="https://www.theelephantintheroom.com.au/podcasts/213">Episode 213: Why Do Real Estate Agents Have Such a Bad Reputation? | John Cunningham, Cunninghams Real Estate</a></li>
</ul>
 
About Peter:
Known as &ldquo;The Property Professor&rdquo;, Peter Koulizos holds a teaching degree, Masters of Business (Property) and Master of Urban &amp; Regional Planning. Peter is currently the Program Director of the Master of Property at Adelaide University. Peter has been teaching in real estate and investment for over 25 years. Peter also personally invests/develops property and currently holds several properties. He has published two books; &ldquo;The Property Professor&rsquo;s Top Australian Suburbs&rdquo; and &ldquo;Property vs Shares&rdquo;. His third book will be out soon.
&nbsp;
Connect with Us:
<ul>
<li aria-level="1">Looking for a Sydney Buyers Agent? <a href="http://www.gooddeeds.com.au/">www.gooddeeds.com.au</a></li>
<li aria-level="1">Work with Veronica: <a href="https://linktr.ee/veronicamorgan">https://linktr.ee/veronicamorgan</a></li>
<li aria-level="1">Looking for a Mortgage Broker? <a href="https://www.wealthful.com.au/">www.wealthful.com.au</a></li>
<li aria-level="1">Work with Chris: <a href="mailto:hello@wealthful.com.au">hello@wealthful.com.au</a>&nbsp;</li>
<li aria-level="1">Send in your questions to: <a href="mailto:questions@theelephantintheroom.com.au">questions@theelephantintheroom.com.au</a>&nbsp;</li>
</ul>
&nbsp;
Find this episode on our website:
<a href="https://www.theelephantintheroom.com.au/podcasts/217">https://www.theelephantintheroom.com.au/podcasts/217</a>&nbsp;
&nbsp;
If you&rsquo;ve enjoyed this episode, don&rsquo;t forget to like, share, rate and subscribe for more!

Who's really in control when you buy a property?

The Elephant In The Room is where the things that no one wants to talk about, actually get talked about.  

Veronica Morgan, real estate agent, buyers agent and co-host of Foxtel’s Location Location Location Australia & Chris Bates, financial planner, mortgage broker and wealth coach have joined forces to find out what’s really going on in the world of real estate.

Veronica and Chris talk to property owners and buyers every day in their respective lines of business. They’ve observed a wide spectrum of confidence in people’s decision making ability when buying and selling property, often to the detriment of the individuals concerned. They are both fascinated by consumer behaviour and together they’re going to uncover who’s really making the decisions when you buy a property.

In each episode they get into the psyche of buyers, agents, auctioneers and other industry experts to learn the truth about how buyers are influenced and why they do the things they do. In every episode you’ll learn from the mistakes of a “property dumbo” as well as Chris & Veronica’s “elephant rider bootcamp” training session.

The plan? This property podcast has been created to help us all make better property decisions!

We talk about the things no one wants to talk about in the Property Market

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