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00:00 – If you’re upset about The Block 2024 Auction
01:47 – What happens if a home is sold, but the vendor dies before settlement?
03:20 – Properties selling for significantly less than a few months ago
04:47 – Short-sighted vendors
05:37 – Mortgagee and distress sales are on the rise
07:04 – How to outsmart the banks
08:21 – What’s the average salary of an auctioneer?

My Clearance Rate: 6/13 SOLD

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What if I told you that right now you already have the contacts and resources to identify if a past buyer is a ready-now seller?

I recently coached one of my Real Estate Gym members how to add 400 people into his database, and find out if they’re thinking of selling, just by doing ONE SIMPLE THING...

Marcus Chiminello - one of Australia’s leading agents specialising in prestige homes and luxury developments - reveals he uses the SAME TECHNIQUE!

Login to the Real Estate Gym to get the full training: Marcus Chiminello reveals how to write $5m GCI as a Specialist Agent

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*offer ends on 30/11/24

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00:00 – How to legally hide the sale price (and why would you want to)
09:54 – Can you show a property without a contract?
12:49 – Massive changes to contracts in QLD starting 1 Aug 2025. This is the biggest change in QLD in the last decade.
17:30 – Stamp Duty reform in VIC
22:41 – NSW will be banning no-fault terminations of residential leases as of 2025

Key takeaways:

1. There’s always been a way to conceal the identities of the buyer and sell and that's through companies and trusts. “What I've worked out - at least with the New South Wales Land Registry - is how to conceal the price." - Jared Zak
   
   
2. New regulations in Queensland will impose significant liability on whoever drafts property contracts. This means buyers will potentially be able to rescind right up until settlement.
   
   
3. Victoria's new stamp duty concession is not just for first-time homebuyers, it's for everyone, including investors regardless of sale price.
   
   
4. From 2025, the New South Wales Government will ban no-fault termination of residential leases. This is in line with other states' trends, putting more pressure on landlords.

Jared Zak is the Principal Solicitor & Founder of Dott & Crossitt. He has around 20 years of experience in law and finance. Connect with Jared Zak