Author: anna@suburbanite
Don’t accidentally go house shopping during the school holidays…Not even Airbnb will be able to save you!
The popularity of serviced apartments ordinarily peaks during and after holiday periods, as travellers return to work considering investing in holiday homes that they have scouted during their time away. But one property commentator says that she has “personally seen these investments stay vacant for months, if not years.” Anna Porter, founder of Suburbanite warns…
Commercial Shop Fronts: Bricks and Mortar Retailers need to disrupt or die
Has Lowy seen the writing on the wall? It’s never been more important for the bricks and mortar retail giants to startthinking outside the box. With online shopping becoming so prevalent (contributing a staggering $20billion in revenue to the sector and a growth rate of 13.5% according to IBIS research), bricks and mortar retailers need…
Dropping your budget? Be prepared to give up basic needs like safety, sewerage and water…
A new report from CoreLogic has recently been released on the suburbs closest to capital cities with a median house value of less than $500,000 – but what do you have to give up for housing affordability these days? Especially for Sydney, these suburbs are significantly out of the CBD and they also come without…
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Mortgage brokers, advisers rush to do real estate courses to beat kickback ban
Suburbanite Principal, Anna Porter, has contributed to this Australian Financial Review article stating that: “Conflicts of interest frequently arise when a mortgage broker, accountant, or financial planner receives part of the commission from a property firm, who receive their commission from the developer, or seller.” Read the full article here.
Here’s what Airbnb’s whirlwind changes mean for investors – & it sucks
Anna Porter is a regular contributor to The Property Observer. In this guest observation she warns investors about the new regulations that have shaken up the world of Airbnb in Sydney. Read this great piece here.
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‘Common’ referrer practice of being paid on both sides of the fence coming to an end
Anna’s media stir has been featured in Smart Property Investment. In this piece, Anna calls out “Some well-known mortgage broking firms openly admit to receiving $5,000–$10,000 per referral in their pocket.” Read the article here.
Common broker practise now outlawed
Property Observer featured Anna’s thoughts on the conflict of interest amidst related parties to a property being paid on both parts of the fence. Read the article here.
NSW to Outlaw referral commissions from property firms
Anna Porter has been causing quite a stir in the media around this frowned upon practice. Industry Body, Mortgage Professional Australia, shared the news! Check it out here.
Common broker practise now outlawed – putting an end to being paid on both sides of the fence
The prevalent practice of property investment firms sharing undisclosed kickbacks will be outlawed, amongst other changes to come into effect in NSW on 1 July this year under the Property Stock and Business Agents Act and Real Estate Reform being handed down by regulators in NSW. Many may not realise that the practise of passing…