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  • Profile photo of Scott No MatesScott No Mates
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    I’ll put on my builder’s hat here: 12 yrs old substantial deterioration of timbers, members pulling apart, termite damage, water leaks (feed termites). Go out a get a pet echidna.

    Profile photo of Scott No MatesScott No Mates
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    the only thing that I’ll add to that V8, is that experienced agents can make good money on comms only but not as a fresh-faced kid. You’re definitely better off starting in an administration role, even if it means putting out signs, typing up rent rolls & OFI’s etc.

    Profile photo of Scott No MatesScott No Mates
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    Terry, the deposit holder can be either the agent or vendor’s solicitor but must be nominated & is usually the agent.

    Profile photo of Scott No MatesScott No Mates
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    I’d still be going through oft & getting the agent’s balls on toast. Nothing hurts the agent more than bad press & a fine.

    You may even be able to claim on the agents compensation fund.

    Seek legal advice regarding lodging a caveat over the property as well, that will screw up any prospective deal.

    Profile photo of Scott No MatesScott No Mates
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    Firstly, which state? as the law does vary in each state.

    In NSW, the agent MUST bank any monies received by the end of the next banking day. The agent must also issue you a trust account receipt for the money.

    So, do you have a receipt as proof of paying the balance of the deposit? This will support your argument.

    You will need to consult your solicitor and if there are grounds, to lodge a formal complaint with fair trading/cat.

    Profile photo of Scott No MatesScott No Mates
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    It sounds to me that you might get out of it cheaply. Is each unit freestanding? Have common walls? Multi-storey? Have common areas?

    I only ask because Qld is a strange place with its strata laws so seeking professional advice will be warranted.

    Profile photo of Scott No MatesScott No Mates
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    Selling off the plan, like selling any property means you don’t get paid until settlement, which may be several years away (you can’t touch the deposit monies until they are released by the solicitors).

    You would be much better off working for a legit agency selling established property as you will only be waiting 2 months for payment.

    Profile photo of Scott No MatesScott No Mates
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    What makes you think the email isn’t legit Sash?

    Could it be that it is not from a ‘teamtelstra.com.au’ addy? Or that it has come from ‘telista’.

    Profile photo of Scott No MatesScott No Mates
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    so say all the CA’s that I know as well.

    Profile photo of Scott No MatesScott No Mates
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    What is the deal? Are they running a ‘tab’ for your training & going to take this from your comms?

    Are you getting at least 50% comms?

    Do they provide qualified leads? Doing cold calls?

    What else will they be deducting from your comms? Eg all promo material, phone, business cards, notebook, etc?

    Are you selling off the plan? If so, you will be waiting a very long time to receive your comms.

    Profile photo of Scott No MatesScott No Mates
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    Well , the issues lie outside of your premises, plumbing is common property. So if it is broken and causing subsidence resulting in cracked flashings & rising damp then this does become an issue for body corporate. Fair trading is generally such a useless body that you will have no recourse against the last builder even on the grounds of failing to effect insurance.

    I am also confused, is it a house? townhouse? or unit?

    Profile photo of Scott No MatesScott No Mates
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    As a matter of fact I have just sent them my wife’s bank account, credit card details & password.

    I hope she strikes it rich!

    Profile photo of Scott No MatesScott No Mates
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    if you didn’t live in it as your ppor prior to renting it out you can’t get the full ppor exemption

    Profile photo of Scott No MatesScott No Mates
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    hmmm, sorry to break the news but restumping won’t solve a rising damp issue.

    Just because you didn’t get a building inspection doesn’t stop you getting one now to get a scope of work & to quantify your costs.

    If the ip is a unit, why aren’t the rectification costs to be borne by body corporate from the sinking fund/special levies? You don’t own anything outside of your walls/floor/ceiling but the liability may extend to inside your property if the cause is external.

    If you have rising damp, you would have dampcourse or flashing issues

    Profile photo of Scott No MatesScott No Mates
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    Good to hear that you've got it away. Was it the extra pressure on the agent or some other strategy/agent?

    Profile photo of Scott No MatesScott No Mates
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    Hi Angel, you would need to refer to the DA, the zoning & any management agreement to confirm if it is possible. If the zoning & DA are in conflict, then you would seek to amend the DA to allow permanent occupancy.

    Profile photo of Scott No MatesScott No Mates
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    I recall a mate having constructed housing for miners there several years ago for a gold mine.

    Profile photo of Scott No MatesScott No Mates
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    training.
    Only a chartered accountant can perform an audit.
    Many CFOs are chartered accountants.

    To be a CPA or a chartered accountant, you must have a degree as well as CPA or ICA post-grad studies.

    Profile photo of Scott No MatesScott No Mates
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    Sash, there are still quite a few suburbs in Canterbury-Bankstown which are sub-$500k. Many have rail access or the M5. You may not pick up a brick house but there are plenty of big blocks on offer suitable for duplexes or more.

    Profile photo of Scott No MatesScott No Mates
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    if the vendor executed the contract & you have paid the full deposit, why not date it yourself?

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