Enzo is the CEO of the Real Estate Institute of Victoria, a position he has held since 2000. Before that, Enzo was the CEO of the Real Estate Institute of South Australia. He is a Director of RealestateVIEW.com.au, an online property listing site in which the REIV is the controlling shareholder; a Member of the Australian Institute of Company Directors; a Fellow of the Australian Institute Of Management; and a Member of National Association of Realtors (USA).
Victoria’s solid auction market should continue over the next two months, with higher numbers expected in May.
Poor price quoting is a symptom of a broader, more important issue – the educational qualifications required to practice as an agent in Victoria.
Across Melbourne, the market is likely to remain steady, with solid growth in a range of areas across the city.
Enzo Raimondo, REIV CEO, looks back at 2015, and provides his predictions for the year ahead.
While the term ‘property investor’ conjures visions of an individual with a broad property portfolio, it actually applies to many of us.
Property prices are rocketing in Sydney, though, which means that demand is high for more affordable rental accommodation.
Our experience is that improved infrastructure, especially road and rail links, lead to improvements in property values.
You don’t have to love your investment property – it is doing a job for you and must be chosen for its suitability to do the job well.
Going to auctions can be tedious, but it’s essential to attend as many as possible to get a feel for the process.
Start by asking yourself what you want most: is it to stay in your existing location?