Property news you need to know: The week ending 19 September
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The Real Estate Institute of Australia has rejected proposals for state governed real estate agency licensing to fall under one governing body and training system Australia wide.
Blogger: Josh Atherton, Portfolio Property Investments
REIA president Peter Bushby said "it would put consumers at risk of inadequately trained and under-qualified real estate agents."
He noted the importance of a real estate transaction and that buyers cannot afford to be at the peril of poorly trained agents. He said that “buying a property is the biggest investment people will make, and this should be undertaken only with a fully qualified and knowledgeable agent.”
Portfolio Property Investments agree with this standpoint. As one of the only buyers’ agencies in the country with a qualified license and appropriate training in five out of six states plus the Northern Territory, we understand the need to be in an educated position to supply our clients with a complete knowledge of each state as they are vastly different.
About Josh Atherton
Josh Atherton is at the top of the game, making his mark on the industry alongside others from the new generation of portfolio investment experts. In recent years, the strategic approach to property investment has shifted away from the ‘negative gearing’ strategies of old. Now, well informed portfolio investment strategies are delivering solid returns for investors, and this shift is largely attributed to progressive thinking from a younger generation of investment consultants, like Josh.
From a young age, Josh’s passion was for property investing and development. Combined with his entrepreneurial flair, this steered him towards making a decision to move from Melbourne to Emerald in Queensland. During his time in Emerald, Josh immersed himself in the knowledge of the region, overcoming many hurdles, to deliver himself a $190K gross profit in just over 12 months.
In reflecting on his experience in Emerald, Josh realised he had learned from the obstacles and mistakes he’d made. In that moment, Josh decided he wanted to share his experience with other investors, so that they may avoid some of the pitfalls and curveballs inherent in developing a portfolio investment plan in an emerging region. Portfolio Property Investments was born.
Josh went on to duplicate the success from his first development in Emerald, improving on his experience with more streamlined strategies to build wealth across the next few years. He has become well regarded as one of the first specialised property experts in the region, with a loyal online following of keen investors seeking the next “hotspot” for investment.