This questions seems to get an airing every couple of weeks and gets the same answers each time.

Each State has its own legislation so check with the OFT in your State.

Certainly as far as Qld is concerned you need to be licensed.

Cheers Richard
richard at fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution…[Read more]

As long as you avoid Paddington and stick to the Town Plan a subdivision is straight forward.

Cheers Richard
richard at fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found

John

Out of curiousity are you using a Beenleigh Solicitor?

Cheers Richard
richard at fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found

Foundation

I was indeed talking about a prior arrangement.

This is often the case when the property is to purchased in a Pty Ltd name and requires both Directors to sign. The appointment letter is used so that one of the Directors can be appointed to sign on his own name prior to the Contract being changed into the name of the Pty Ltd.

Cheers…[Read more]

Thank god its not illegal.

If they outlawed it I couldn’t face having to go back to work.

Cheers Richard
richard at fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found

Similar to Steve we stared using the guys from Darlop as they were only 10 minutes away from our offies.

In the end we have written our programm which appears to be just as good and can be tailored to indivual needs and circumstances.

Cheers Richard
richard at fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution…[Read more]

Terry is correct in Qld you are unable to sign “And or Nominee” and avoid the stamp duty issue.

Two considerations are

1) You use an Appointment Letter. You sign the contract in your name and receive a letter dated prior to the actual contract date with permission from the eventual owner appointing you to sign on their behalf. Maybe difficult in…[Read more]

Kelvin

Over the last 7 years we have strata titled 47 blocks of units in Brisbane and sold the units off separately after renovating them. We still own 4 blocks as an income hold with a thought of wrapping them individually or renovating and reselling.

The costs in Coffs will differ from Brisbane but in real terms you will be up for:

1)…[Read more]

Robert maybe in NSW don’t move up to sunny Qld

Cheers Richard
richard at fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found

We take wrap business from around 5 introducers in the State all of whom use our application forms and get the client to complete and sign the application on the basis that they are lodging an wrap application.

We would never deal with any referer who merely gave out a telephone number and asked us to contact the client becasue as Robert points…[Read more]

As i thought DD isnt licensed to offer such service in Qld.

That’s why it so important to deal with someone who is qualified.

Across the miles i must confess in my correspondance with Westan in NZ I have always found him to be extremely knowledgable and professional. And Yes that’s a recommendation.

Cheers Richard
richard at…[Read more]

Foston

Out of curiousity, is DD licensed to provide his services in Qld.

Cheers Richard
richard at fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found

Just to clarify David’s point you are required to register for GST when your turnover is or you anticipate it exceeding $50,000 PA and is nothing to do with your income level.

Cheers Richard
richard at fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found

Roberts right that is old news.

However thankfully Qld is a big State. We have dozens of properties around regional Queeensland that we purchased outright over the last 6 months and are no looking to wrap them.

Knocked down in the rush of enquires and the prices have gone up considerably.

Stay away from the Big Cities and you can’t go far…[Read more]

Michael

Hate to be the bearer of bad news.

To be a licensed salesperson operating under someone elses Real Estate License means you act on behalf of the vendor not the buyer.

You need to be a licensed Buyers Agent which involves being licensed through the OFT.

Cheers Richard
richard at fhog.com.au
http://www.fhog.com.au

There is no such thing as a…[Read more]

Tait

There are many companies who locate property for you at a fee you just have to ensure that depending on which state they are in they hold the relative license.

In Qld where we are you need to be licensed to be a buyers agent.

Cheers Richard
richard at fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution…[Read more]

Mhhh the excitement of rubbing my hands with glee.

Cheers Richard
richard at fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found

You certainly are not elligible for the FHOG on the execution of a Lease Option.

The LO contain the Option document and a standard REIQ (or State equivilent purchase contract) which can be exercised at a set time and for a set price similar to a standard ETO.

Subject to legislation the Lessor maybe entitled to receive rental assistance directly…[Read more]

Karl & Rita

I think you will find it is more specific to Vic than Qld which has a few anomolies in wrapping.

If you are interested in a Wrap Kit specific to Qld which includes a sample contract please feel free to PM me and i will provide you details of ours. Alternatively visit our website http://www.fhog.com.au

Cheers Richard
richard at…[Read more]

I am with Terry?

Cheers Richard
richard at fhog.com.au
http://www.fhog.com.au

There is no such thing as a problem.
Just a solution waiting to be found