CEO update

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The REIQ Brisbane office was bristling with home buyers on Saturday when we ran our free quarterly Experts’ Guide to Buying Qld Property seminar.

We had an even mix of first home buyers and investors on the day who all attended to discover the ins and outs of buying Queensland property. All of the attendees were particularly interested in the state of the market and we thankfully had some good news for them with many areas across the state starting to show signs of recovery after, let’s face it, a pretty horrendous 2011.

Confidence levels amongst buyers and sellers is rising, although the current State Election period plus the unsuccessful challenge for the Federal Labor leadership over the past week have been temporary impediments to this growing level of buoyancy in the market.

Saturday’s event gave an overview of our economy and outlined the pros and cons of buying established versus new, units versus houses, regional versus city, as well as how to finance your first or new home and how to maximise your negative gearing potential.

We also had two lawyers on hand to help explain the complex transaction process for buying residential land in Queensland – something which the REIQ is keen to have remedied no matter who forms government later this month.

Who’s coming along to our next seminar on 2 June?

 

Anton Kardash, CEO, REIQ