Unlike several other Australian states, Queensland allows vendors and their agents to maintain a significant level of confidentiality by imposing minimal property disclosure requirements. Moreover, it stands as the sole place where buyers can readily forego their cooling-off rights, a fact that frequently takes investors from southern states by surprise, emphasising the need for expert guidance.

But the surprises don't stop there! Queensland holds the distinction of being the most lenient state for acquiring a class 1 real estate license, enabling even those with little experience to establish themselves as buyers' agents. And this is just a small part of the narrative that paints a picture of Queensland's real estate market as the wild west of property investment. So, what exactly is happening in this tropical paradise?

In this episode, we shine the spotlight on Queensland — also known as the Sunshine state, and its distinctive landscape, which may astonish you. We are joined by a special guest, Antonia Mercorella, the CEO of the Real Estate Institute of Queensland, to delve into the intricacies and peculiarities that set Queensland's real estate market apart from the rest of the country.

Tune in to gain valuable insights and understand the intricacies of Queensland's real estate landscape!

Episode Highlights:

00:00 - Introduction

01:35 - Who is Antonia Mercorella?

04:29 - Property disclosure laws in Queensland, Australia

09:57 - Are real estate professionals in Queensland prepared for legislative changes?

13:02 - The quirks of Queensland’s real estate pricing rules

14:53 - What's the logic behind Queensland's approach to real estate investments

19:47 - How Antonia handles representing an industry with a poor reputation

27:13 - What's the REIQ's position on aligning licensing standards?

34:10 - Real estate agent education and licensing requirements

37:25 - Elevating education and training for Queensland's real estate practitioners

45:54 - Strata living and management rights in Queensland

50:36 - Can strata management change to better serve property owners?

54:05 - Antonia Mercorella’s property dumbo

About Our Guest:

Antonia Mercorella is the powerhouse CEO of Real Estate Institute of Queensland (“REIQ”).  She is a lawyer by profession and for the last 2 decades, she’s headed up legal counsel for the industry’s peak bodies in South Australia and later in Queensland, where she’s also served as CEO for the last nine years. As the REIQ’s first female CEO, and its youngest at appointment date, Antonia has transformed the 105-year-old Institute into one of most progressive and high-profile industry associations in Australia. Antonia has led and shaped some of the most significant real estate legislative reforms across multiple jurisdictions. Her ability to lead and develop advocacy programs has drawn national and international attention. Antonia holds a Bachelor of Laws with Honours and a Bachelor of Educational Theatre.

Connect withAntonia Mercorella:
Follow Antonia on LinkedIn: https://www.linkedin.com/in/antonia-mercorella-8b516a43

Resources:
Visit our website https://www.theelephantintheroom.com.au
If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast questions@theelephantintheroom.com.au
Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au
Work with Veronica: https://www.veronicamorgan.com.au
Looking for a Mortgage Broker? https://www.blusk.au
Work with Chris: hello@blusk.au

Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real estate. Your journey starts now!
Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast
Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719
Subscribe on Spotify: https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765

Unlike several other Australian states, Queensland allows vendors and their agents to maintain a significant level of confidentiality by imposing minimal property disclosure requirements. Moreover, it stands as the sole place where buyers can readily forego their cooling-off rights, a fact that frequently takes investors from southern states by surprise, emphasising the need for expert guidance.
But the surprises don't stop there! Queensland holds the distinction of being the most lenient state for acquiring a class 1 real estate license, enabling even those with little experience to establish themselves as buyers' agents. And this is just a small part of the narrative that paints a picture of Queensland's real estate market as the wild west of property investment. So, what exactly is happening in this tropical paradise?
In this episode, we shine the spotlight on Queensland — also known as the Sunshine state, and its distinctive landscape, which may astonish you. We are joined by a special guest, Antonia Mercorella, the CEO of the Real Estate Institute of Queensland, to delve into the intricacies and peculiarities that set Queensland's real estate market apart from the rest of the country.
Tune in to gain valuable insights and understand the intricacies of Queensland's real estate landscape!
Episode Highlights:
00:00 - Introduction
01:35 - Who is Antonia Mercorella?
04:29 - Property disclosure laws in Queensland, Australia
09:57 - Are real estate professionals in Queensland prepared for legislative changes?
13:02 - The quirks of Queensland’s real estate pricing rules
14:53 - What's the logic behind Queensland's approach to real estate investments
19:47 - How Antonia handles representing an industry with a poor reputation
27:13 - What's the REIQ's position on aligning licensing standards?
34:10 - Real estate agent education and licensing requirements
37:25 - Elevating education and training for Queensland's real estate practitioners
45:54 - Strata living and management rights in Queensland
50:36 - Can strata management change to better serve property owners?
54:05 - Antonia Mercorella’s property dumbo
About Our Guest:
Antonia Mercorella is the powerhouse CEO of Real Estate Institute of Queensland (“REIQ”).  She is a lawyer by profession and for the last 2 decades, she’s headed up legal counsel for the industry’s peak bodies in South Australia and later in Queensland, where she’s also served as CEO for the last nine years. As the REIQ’s first female CEO, and its youngest at appointment date, Antonia has transformed the 105-year-old Institute into one of most progressive and high-profile industry associations in Australia. Antonia has led and shaped some of the most significant real estate legislative reforms across multiple jurisdictions. Her ability to lead and develop advocacy programs has drawn national and international attention. Antonia holds a Bachelor of Laws with Honours and a Bachelor of Educational Theatre.
Connect with Antonia Mercorella:
<ul>
<li aria-level="1">Follow Antonia on LinkedIn: <a href="https://www.linkedin.com/in/antonia-mercorella-8b516a43">https://www.linkedin.com/in/antonia-mercorella-8b516a43</a></li>
</ul>
Resources:
<ul>
<li aria-level="1">Visit our website <a href="https://www.theelephantintheroom.com.au">https://www.theelephantintheroom.com.au</a></li>
<li aria-level="1">If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast <a href="mailto:questions@theelephantintheroom.com.au">questions@theelephantintheroom.com.au</a></li>
<li aria-level="1">Looking for a Sydney Buyers Agent? <a href="http://www.gooddeeds.com.au/">https://www.gooddeeds.com.au</a></li>
<li aria-level="1">Work with Veronica: <a href="http://www.veronicamorgan.com.au">https://www.veronicamorgan.com.au</a></li>
<li aria-level="1">Looking for a Mortgage Broker? <a href="http://www.blusk.au">https://www.blusk.au</a></li>
<li aria-level="1">Work with Chris: <a href="mailto:hello@blusk.au">hello@blusk.au</a></li>
</ul>
Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real estate. Your journey starts now!
<ul>
<li aria-level="1">Subscribe on YouTube: <a href="https://www.youtube.com/@theelephantintheroom-podcast">https://www.youtube.com/@theelephantintheroom-podcast</a></li>
<li aria-level="1">Subscribe on Apple Podcasts: <a href="https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719">https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719</a></li>
<li aria-level="1">Subscribe on Spotify: <a href="https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765">https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765</a></li>
</ul>

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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