Getting property advice is one of the most important steps to take when investing in real estate.

However, there is no guarantee that every property advisor in the industry has received the right level of education, which can be pretty risky, especially for investors.

What are the dangers inherent in the unregulated nature of real estate? How does this low barrier to entry for buyer’s agents affect consumers? 

In this episode, Peter Koulizos of PIPA is going to help us understand the educational gap issue and its impact on the real estate market. We’ll talk about the absence of regulation governing property investment advisors, accessibility of good advice, the future of the property market in Australia when it comes to education, and more!

If you enjoy the show, do like, rate, subscribe, and share us on social media and if you have your own questions you need clarity on, email us at [email protected]!

See you in the episode!

 

Episode Highlights:

1. What is “property advice”? [02:09]
2. Difference between a property investment advisor and a buyer’s agent [04:28]
3. What qualifications are needed to become a property investment advisor? [06:12]
4. Why is there no need for regulation? [10:50]
5. Regulations in property & becoming a property investment advisor [15:10]
6. Overregulation for some professionals in real estate [18:25]
7. Property investment hot-spotting [21:55]
8. Resistance in the property industry [25:41]
9. Paying for good property advice [27:59]
10. Mistakes some people make when purchasing properties [34:10]
11. Yield vs growth: What is more important when it comes to property? [35:46]
12. Capital growth gives you a tax liability (for good) [38:01]
13. Identifying if someone’s methodology works [41:01]

 

Links from the Show:

• For property investment advice, visit the PIPA website 
• Episode 207: Suburb Trends December 2021 | Exploring the Dark Side of Property Data
• Episode 213: Why Do Real Estate Agents Have Such a Bad Reputation? | John Cunningham, Cunninghams Real Estate

About Peter:

Known as “The Property Professor”, Peter Koulizos holds a teaching degree, Masters of Business (Property) and Master of Urban & Regional Planning. Peter is currently the Program Director of the Master of Property at Adelaide University. Peter has been teaching in real estate and investment for over 25 years. Peter also personally invests/develops property and currently holds several properties. He has published two books; “The Property Professor’s Top Australian Suburbs” and “Property vs Shares”. His third book will be out soon.

 

Connect with Us:

• Looking for a Sydney Buyers Agent? www.gooddeeds.com.au
• Work with Veronica: https://linktr.ee/veronicamorgan
• Looking for a Mortgage Broker? www.wealthful.com.au
• Work with Chris: [email protected] 
• Send in your questions to: [email protected] 

 

Find this episode on our website:

https://www.theelephantintheroom.com.au/podcasts/217 

 

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