Seller recoups $2.1 million PAMDA loss on appeal

In May 2008 Kym Boylan sold her $5.5 million Nerang riverfront residence via Put & Call Option and last month finally recovered the $2.1 million (more…)

Inept pest notice blows waterfront buy: Agent’s personal payment no help!!!

Agents and solicitors were last week dealt a harsh lesson from the Supreme Court about the operation of residential finance and building & pest conditions and how not to (more…)

Blooded buyer bounces: Tennyson Reach hero rises from mud to vanquish mighty Mirvac

In what may be the final chapter of the “Tales of Tennyson Reach”, disappointed luxury apartment buyer and erstwhile villain (more…)

Surveys show agents wary about commission deregulation

A substantial majority of real estate agent survey respondents believe deregulation will put downward pressure on residential commissions and a greater number oppose (more…)

Relief push gains momentum: best chance yet needs your support to end PAMDA disaster

The push for regime change at the root of Queensland’s real estate regulation debacle has gained momentum with PAMDA’s referral to a parliamentary committee and the reconsideration (more…)

Agent appeals: $226k commission denied over incomplete PAMDA form

Yong Internationals has failed to successfully appeal its loss of a $226,000 commission over the $9 million contract for a 35 ha vacant land development site (more…)

Discretion the better part of valour: red tape retreat as anxious agents await deregulation details

Agents can be forgiven for holding suspicions about the proposed deregulation of commissions and “reconsideration” of new industry regulation that was slated (more…)

BCCMA & PAMDA net drowning agents in contract compliance rules

Undaunted by calls for a moratorium on ill-considered regulation, the government has pulled even tighter on the net in which it has the Queensland real estate industry entangled – (more…)

PAMDA non-compliance: buyer recovers $250,000: two lots = one residential “parcel”

Before last week I felt just a little – in relation to the already considerable volume of law on PAMDA’s application to options (more…)

The extent of BCCMA termination traps: must the CMS be “attached”?

Justice minister Paul Lucas has so far ignored pleas from Queensland real estate agents to halt the start of BCCMA changes that have brought industry-wide confusion from complex (more…)

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