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Gold Coast’s ‘most-wanted’ mansion with celebrity links is snapped up

108 Crescent Ave, Hope Island

A newly built eight-bedroom mansion on a sprawling waterfront parcel has been snapped up after being crowned the Gold Coast’s most-wanted home for 2025.

Named Salt, the dream home is the work of well-connected local concreter Brenton Fisher, whose last property hosted high-profile parties with celebrity mates including billionaire Adrian Portelli and his sometime-business partner, Troy ‘Candy’ Williams.

The double-storey home at 108 Crescent Ave, Hope Island was this week listed as “under offer”, marketed by Kollosche agents, Paul Harrison and Josh Finch after it passed in at auction with another agent.

The mansion is listed as “under offer”

A soaring porte cochere creates a statement entry

Details of the sale remained disclosed until the contract is unconditional, however it was listed with price hopes north of $9.5m.

The spectacular home was the region’s most-viewed listing, notching up 45,152 clicks on realestate.com.au in the 12 months to October, PropTrack data shows.

Mr Fisher said the showstopper was not conceived as a party house, despite standout entertaining zones, including a heated pool and spa with sunken firepit, home cinema, and sports bar.

Summer entertaining done right

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“It’s a great entertainer, but I designed the house with the scale and separation for a large family that will have this property for generations,” he said.

“It is built extremely well, and it can house extended family and friends so everyone has their own living area.”

Gold Coast concreter Brenton Fisher, of FisherBuilt, and wife Carley, at their last build, The Anglers House.

Their last Runaway Bay project is an favoured party destination for the Gold Coast influencer set, including Troy ‘Candy’ Williams (pictured, far right).

Built over a 3,163 sqm allotment with 22m of waterfrontage, Salt follows Mr Fisher’s 2022 project, The Anglers House, a Runaway Bay property renting from $350 an hour as a shoot location.

“It was Troy’s [Williams] birthday on the weekend and I did have a joke with Adrian [Portelli] about buying the house,” Mr Fisher said.

“We laughed about it, because they get so harassed by everyone to buy their house, and generally it’s worth about half of what they want for it.”

Portelli shot to fame bidding for houses on hit TV reno show, The Block, and runs a promotion company where subscribers stand to win luxury homes.

A-list vibes inside

She’s a standout from the water

The palatial estate with Beverly Hills looks and A-list vibes unfolds behind a porte-cochere, with an oversized pivot door leading to a grand foyer complete with marble quartz feature wall and circular staircase.

“I’ve gone really over the top with the finishes,” Mr Fisher said.

“I didn’t want a single square metre of that place to be plain, so everywhere is detailed with something unique.”

Premium finishes include multi-level skylights, polished concrete floors, imported marble, sky white dolomite, LED feature lighting, and bespoke joinery.

Mr Fisher joked his mate, billionaire Adrian Portelli (left), should buy his luxe pad

Six of the property’s eight ensuited bedrooms are upstairs, and there’s also a separate guest house, while downstairs is a 12-seat theatre and bar along with an open-plan kitchen, lounge, and dining area leading to an alfresco terrace with teppanyaki bar.

Mr Harrison said Salt was “one of the best homes on the Gold Coast”, with a building and pest inspector unable to fault its solid concrete construction.

“This home from a construction point of view is flawless,” he said.

The median house price in Hope Island sits at $1.7m, according to PropTrack data.

The sprawling property has eight ensuited bedrooms across the main home and guest house

The expansive alfresco terrace

The post Gold Coast’s ‘most-wanted’ mansion with celebrity links is snapped up appeared first on realestate.com.au.

December 11, 2025/0 Comments/by JKents
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Grand lakeside Berwick property targeting $17.8m sale

159-179 Beaumont Rd, Berwick - FOR HERALD SUN REAL ESTATE

Beaumont Ridge at 159-179 Beaumont Rd, Berwick, could shatter the suburb’s house price record.

A grand Berwick estate featuring three ornamental lakes is set to almost double the suburb’s house price record with its $16.2m-$17.8m range.

The 10.52ha property named Beaumont Ridge, at 159-179 Beaumont Rd, is on the market for the first time since it was built by the owners roughly 23 years ago.

Records show Berwick’s current $9.5m house price benchmark belongs to a home set on a

8768sq m block at 48 Beaumont Rd, which sold in 2021.

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Luxury Lysterfield pad snapped up as patch of dirt


Another home on the same street, 131 Beaumont Rd, set on a 7.03ha landholding, fetched $7.5m in 2023.

JR Property director Ryan Wallace said buyers from as far away as Hong Kong and Sydney have inquired about Beaumont Ridge which is for sale via expressions of interest.

A driveway lined with poplar trees leads to the main house while stone walls, a pool, pool house and a private woodland area feature in the garden.

159-179 Beaumont Rd, Berwick - FOR HERALD SUN REAL ESTATE

There are three ornamental lakes at Beaumont Ridge, including this picturesque spot with a jetty.

159-179 Beaumont Rd, Berwick - FOR HERALD SUN REAL ESTATE

Plenty of drawer and cupboard space for home chefs in the kitchen.

159-179 Beaumont Rd, Berwick - FOR HERALD SUN REAL ESTATE 126

The geese who are known as the property’s unofficial mascots.

The central ornamental lake has a walkway draped in greenery curving around its borders.

“From the house and from the alfresco area, you look out towards a jetty and gazebo and then there’s a wisteria-lined arbour that wraps around the ornamental lake, which is just magnificent,” Mr Ryan said.

“Once you get one you’re at the top of the property, you can see out to Western Port.”

159-179 Beaumont Rd, Berwick - FOR HERALD SUN REAL ESTATE

The owners have lived at Beaumont Ridge for almost three decades.

159-179 Beaumont Rd, Berwick - FOR HERALD SUN REAL ESTATE

A wisteria-draped pathway next to one of the lakes.

Also on offer is an extensive equestrian set-up including 23 fenced paddocks, stables with five stalls, wash bays, a machinery shed with three roller doors and dedicated access for horse floats.

The main four-bedroom house showcases a granite-fitted kitchen, office, formal and casual living zones and a rumpus room with a gas fireplace, which opens to the solar-heated pool and covered terrace.

Mr Ryan said a gaggle of friendly geese who live at Beaumont Ridge are known as the property’s unofficial custodians.

159-179 Beaumont Rd, Berwick - FOR HERALD SUN REAL ESTATE

A separate, self-contained pool house features bi-fold doors which open to the gardens.

159-179 Beaumont Rd, Berwick - FOR HERALD SUN REAL ESTATE

There’s 23 paddocks and a stable with five stalls at the property.

The residence has appealed to buyers, especially families and horseriders, seeking a leafy and private home within driving distance of Melbourne’s CBD.

“Berwick’s 35 to 40 minutes from the city, so they (buyers) want to have the views and they want to have the quietness that comes with the area, but also then have the ability to entertain,” Mr Ryan said.

Expressions of interest close at 2pm on December 22.


Sign up to the Herald Sun Weekly Real Estate Update. Click here to get the latest Victorian property market news delivered direct to your inbox.

MORE: Maintongoon home with Lake Eildon views seeks $3m+

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The post Grand lakeside Berwick property targeting $17.8m sale appeared first on realestate.com.au.

December 11, 2025/0 Comments/by JKents
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Hot 100 suburbs: SA’s next property hotspots for 2026

The best South Australian suburbs and towns to buy property in heading into 2026 have been revealed.

There are eight SA locations on realestate.com.au’s annual Hot 100 list, which details the areas across the country expected to outperform next year and into the future.

With input from various industry experts, several mid to long term growth drivers were considered to compile the list.

They included family appeal, gentrification, rezoning or a demographic shift, infrastructure investment, amenity, affordability, as well as supply and demand.

Aerial view of Adelaide in Australia

Adelaide has eight suburbs and towns in realestate.com.au’s annual Hot 100 list.

Brompton, Brooklyn Park, Elizabeth North, Old Noarlunga, Ovingham and Port Adelaide were the metropolitan suburbs included in the list.

Meanwhile, Murray Bridge and Renmark represented regional SA.

Property news editor at realestate.com.au Sarah Dowling said while affordability was a major consideration for prospective buyers at the moment, the list considered more than just the cheap areas.

Suburbs closer to the city that had a lifestyle focus, were going through a period of change or had recorded strong growth in the past year were also considered.

“Affordability still does play a bit of a role,” she said.

“We wanted to do something really comprehensive but also a bit fun.

The Elizabeth North home at 18 Yarnbury Rd is listed with a $499,000 to $539,000 price guide.

“It’s a starting point, not so much a ‘read it and make a decision’ list.”

Ms Dowling said experts encouraged househunters wanting to buy in the more expensive areas but couldn’t afford it to consider more affordable neighbouring suburbs.

“They’re offering the same lifestyle … and they will become similar to the suburb next door,” she said.

Real Estate Institute of South Australia chief executive Andrea Heading said while it was important for buyers to purchase a home that was affordable for them at the time, it was also worth considering long-term plans.

The Brompton property at 22 Green St sold for $1.293m in October.

“Sometimes it’s affordable to just get a foot in the door and then keep looking for another property,” she said.

“But also consider whether you want to age in place – that’s what we’re seeing people are doing at the moment because they don’t know whether to sell, hold or buy.”

Ms Heading said suburbs like Elizabeth North would always be attractive because they were so affordable, but others like Brompton with newer amenities and easy access to the city appealed to a specific buyer because the price point was higher.

SA suburbs and towns on the Hot 100 list

(Suburb, median house price, 12 month change, 10 year change, year-on-year change in house demand, year-on-year change in total house listings)

Brompton – $865,000, 9 per cent, 79 per cent, -19 per cent, -29 per cent

Brooklyn Park – $990,000, 8 per cent, 111 per cent, -8 per cent, -26 per cent

Elizabeth North – $510,000, 16 per cent, 237 per cent, -16 per cent, -10 per cent

Murray Bridge – $545,000, 17 per cent, 138 per cent, 18 per cent, -8 per cent,

Old Noarlunga – $856,000, 27 per cent, 141 per cent, 15 per cent, 9 per cent

Ovingham – $1.005m, 41 per cent, 90 per cent

Port Adelaide – $719,000, 7 per cent, 54 per cent, 26 per cent, -16 per cent,

Renmark – $436,000, 14 per cent, 118 per cent, 42 per cent, 11 per cent

Source: realestate.com.au

The post Hot 100 suburbs: SA’s next property hotspots for 2026 appeared first on realestate.com.au.

December 11, 2025/0 Comments/by JKents
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4 best real estate schools in Maryland (MD) for 2026

From Bethesda and Towson to Havre de Grace and Silver Spring, it’s now easier than ever to complete the required 60 hours of real estate prelicensing classes from the comfort of your own home in Maryland. Our guide to the best Maryland real estate schools will help you find the right online program to fit your goals, budget and learning style. With a variety of formats and study materials to choose from, we break down the best Maryland real estate schools and their course packages to help you successfully launch a new career in 2026.

4 best real estate schools in Maryland (MD) for 2026

Logo-300x100_The-CE-Shop

Best for a flexible schedule

The CE Shop

From $269

Jump to details ↓

Use HW30 to Save 30%

Logo-Kaplan-png

Best for value

Kaplan Real Estate Education

From $249

Jump to details ↓

VISIT

Weichert Real Estate School logo

Best for course format variety

Weichert Real Estate School

From $220

Jump to details ↓

Use HW10 to Save 10%

Logo-Colibri-wide

Best for weekend warriors

Colibri Real Estate

From $279

Jump to details ↓

Use HousingWire40 to Save 40%

4 best real estate schools in Maryland (MD) for 2026

Best for a flexible schedule

The CE Shop

From $279

VISIT

Jump to details ↓

Best for value

Kaplan Real Estate Education

From $249

VISIT

Jump to details ↓

Best for course format variety

Weichert Real Estate School

From $220

VISIT

Jump to details ↓

Best for weekend warriors

Colibri Real Estate

From $284

VISIT

Jump to details ↓

The CE Shop: Best for a flexible schedule

Logo-300x100_The-CE-Shop

Starting price: $269

The CE Shop combines updated course content with an interactive approach to learning, which has been proven to be an incredibly effective method for retaining information. The CE Shop’s custom online learning platform, LEAP, engages students with real-world scenarios. Students appreciate The CE Shop’s features, support and intuitive interface so much that they’ve given the school a 96% student satisfaction rate.

Pros & Cons

  • Five-day trial with free unlimited access to all course content
  • Unlimited practice tests
  • No mobile app

Features

  • Course Formats: Online interactive.
  • Course Access: Six months from the date of purchase.
  • Pass Guarantee: With the CE Shop’s “Pass Guarantee,” prelicensing students can request a reimbursement of the cost of the initial licensing exam if a retake is required.
  • Student Support: Support is available seven days a week via live chat, email and phone.
  • Money Back Guarantee: With the CE Shop’s “Money Back Guarantee,” you can request your money back within 30 days of purchase, so long as the course is not more than 50% complete.
  • Exam Prep: The CE Shop offers comprehensive, interactive Exam Prep as part of the CE Standard, Value, and Premium packages. Packages include an initial assessment, after which the school’s interactive dashboard guides you through each topic while gauging your competency. Exam Prep also prepares you for the licensing exam through unlimited practice tests with unique questions.
  • Final Exam: The state of Maryland requires that students take a course final exam, which must be proctored. Prelicensing course exams must be passed with a minimum of 70% and may be taken a maximum of two times.

Pricing

The CE Shop’s prelicensing classes meet Maryland’s 60-hour prelicensing requirement. All post-licensing courses meet Maryland’s 15-hour continuing education requirement for first-time renewals, which must be completed two years from the date of original licensure.

  • Courses only ($269): 60 hours of prelicensing courses, e-books, career and downloadable resources, digital flashcards, glossary and study schedule. 
  • Standard package ($369): Courses only, plus exam prep edge with national and MD-specific prep. 
  • Value package ($445): Standard package, plus Kickstarter Professional Development Program. 
  • Premium package ($689): Value package, plus 15-hour post-licensing courses and real estate e-textbooks.

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The CE Shop Review

Kaplan Real Estate Education: Best for value

LionDesk logo; a real estate CRM or customer relationship management software

Starting price: $249

Kaplan has over 65 years of experience providing courses. They’ve helped thousands of students begin and advance their real estate careers. Graduates are impressed with the school’s high-quality prelicensing, exam prep and continuing education courses and the industry-expert instructors who teach them. Complemented by text-based content to reinforce key concepts, Kaplan’s online video courses feature multiple video segments with expert instructors.

Pros & Cons

  • Prelicensing tuition fee includes exam prep
  • National and state QBanks simulate most test environments, helping improve your exam score
  • You must have Zoom downloaded and installed on your computer/ laptop for live online portions of certain courses

Features

  • Course Formats: Self-paced online.
  • Course Access: Six months from the date of purchase to complete the course.
  • Pass Guarantee or Refund Policy: For web-based courses and classes, Kaplan’s students are eligible for a full tuition refund within 30 days of purchase, but only if the class has not been completed.
  • Student Support: Customer or technical support staff are available to answer any of your questions via email, the chat feature, or phone during business hours. The student support team is also available via email or phone.
  • Exam Prep: When you enroll in one of Kaplan’s prelicensing online courses, you receive various levels of exam prep, depending on the package purchased. Kaplan also offers stand-alone Exam Prep Packages that include the National and Maryland Drill & Practice QBank. The National Drill & Practice QBank includes hundreds of questions on an advanced interactive testing platform. And the state Real Estate Drill & Practice QBank simulates nearly every test environment.
  • Final Exam: The state of Maryland requires that students take a course final exam, which must be proctored. Prelicensing final exams must be proctored.

Pricing

Kaplan’s prelicensing classes meet Maryland’s 60-hour prelicensing requirement. Kaplan’s post-licensing courses meet Maryland’s 15-hour continuing education requirement for first-time renewals, which must be completed two years from the date of original licensure.

  • Principles & Practice ($249): Required 60 hrs of MD coursework. Online course includes Live Online National Interactive Study Group webinar for exam prep & Career Mentor Connect for professional development.
  • Principles & Practice w/ Exam Prep ($279): Required 60 hrs of MD coursework. Online video course includes Principles & Practices features + MD and National Real Estate Drill & Practice QBank.
  • Career Launcher Package ($679): Required 60 hrs of MD coursework. Online video course includes Principles & Practices with Exam Prep + Accelerator video Course and Live Online Coaching.

Visit Kaplan

Weichert Real Estate School: Best for course format variety

Weichert Real Estate School logo

Starting price: $220

For aspiring agents who need prelicensing courses or experienced agents who need continuing education, Weichert Real Estate School is a great choice for Maryland licensing classes. Its instructors bring real-world expertise to teach lessons so agents will not only learn the required material to pass the exam, but will also be prepared with in-the-field knowledge once they get their licenses. There are multiple learning formats to choose from, so learners can get the most out of their education, including live stream Zoom, self-paced and in-person options

Pros & Cons

  • In-person, live virtual and self-paced courses
  • Local instructors
  • Career potential with Weichert after passing the exam
  • Competitive pricing
  • Instructor accountability and guidance
  • Self-paced course offers limited support
  • Limited class times for live instruction
  • Interface can feel a bit more dated
  • Career support is limited to working with Weichert
  • Upgraded course features are limited

Features

  • Course Formats: Live virtual, self-paced and in-person course options.
  • Course Schedule: Livestream classes have various schedules to fit your needs, including day and night options. In-person classes are run on a Monday through Friday schedule. Self-paced options have access for six months from the date of purchase.
  • Course Access: Students can access the self-paced courses at any time. Livestream and in-person courses are based on scheduling.
  • Pass Guarantee or Refund Policy: Refunds are available if requested before the course is started, minus the $65 registration fee; there is no pass guarantee.
  • Student Engagement & Support: Direct support from instructors during class; administrative support available by phone or email
  • Exam Prep: Built into the course packages; stand-alone exam prep is available.
  • Final Exam: A proctored final exam is required at the end of the course.

Pricing

Weichert Real Estate School offers an affordable way to obtain your Maryland real estate license. From self-paced to in-person courses, pricing includes live instruction, course materials and exam prep.

  • In-person course ($220): 60-hour prelicensing course taught in person 
  • Live virtual ($220): 60-hour prelicensing course taught by instructors over a virtual platform
  • Self-study online only ($269): 60-hour prelicensing course online, provided by The CE Shop

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Real estate exam prep: The ultimate guide to passing your exam

Colibri Real Estate: Best for weekend warriors

LionDesk logo; a real estate CRM or customer relationship management software

Starting price: $279

Colibri Real Estate is a state-approved real estate education provider that offers both livestream and at-your-own-pace classes. Their livestream classes are ideal for those who study best with a regimented schedule, while Colibri’s online courses appeal to students who prefer a more flexible schedule. If you’re trying to get your Maryland real estate education requirements fulfilled while still working a 9-to-5 job, you’ll appreciate being able to take the weekend or evening classes at home. Students enjoy Colibri’s easy-to-navigate website, its clear studying format, and learning reinforcement through a test at the end of each chapter.

Pros & Cons

  • Free Virtual Career package available
  • Next-gen student dashboard allows students to track their progress
  • Online and livestream classes cannot be mixed and matched. Each class must be completed in the format it was started

Features

  • Course Formats: Self-paced or livestream courses.
  • Course Access: Six months from your registration date in most cases. The Prelicensing Ultimate Learning package offers one-year access.
  • Pass Guarantee: Colibri’s Pass or Don’t Pay Guarantee is available with all packages, with the exception of the Prelicensing Basic package. If students don’t pass the Maryland real estate license exam within 30 days of completing the course’s exam prep, Colibri will reimburse the original cost.
  • Student Support: Prelicensing packages enable students to email or call local experts with your questions. In general, live chat can be used to connect with an Education Specialist or Advisor. Or send an email or call during the business hours detailed on the website.
  • Exam Prep: Colibri’s exam prep packages include audio review guides, flashcards, simulated practice exams and a readiness assessment to help pass your real estate state exam.
  • Final Exam: The state of Maryland requires that students take a course final exam, which must be proctored. The course final exam is the last chapter of your Colibri course. You must complete all the course chapters and quizzes before you can take the closed-book final exam.

Pricing

Colibriʻs prelicensing classes meet Maryland’s 60-hour prelicensing requirement. All post-licensing courses meet Maryland’s 15-hour continuing education requirement for first-time renewals, which must be completed two years from the date of original licensure.

  • The Basics ($279): 60-hour prelicensing courses, instructor support, study guides, audio lessons and Buffini & Company coaching videos.
  • Exam Preparation ($379): The Basics, plus CompuCram exam prep, which includes simulated exams, flashcards, readiness assessment and audio review guides. 
  • Exam Preparation Plus ($449): Exam Preparation, plus live and interactive instruction, which includes Exam Crammer Webinar series and instructor Q&A
  • Ultimate Learning ($559): Exam Preparation Plus, plus one-year access to Career Booster, which includes videos, job aids, buyer and seller checklists and action plan templates.

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Methodology: How we chose the best real estate schools in Maryland

We conducted extensive research to uncover the very best Maryland real estate schools, ranking each school based on the following:

  • Affordability and pricing
  • Course offerings, including study tools and technology 
  • Flexibility and format options
  • Instructor expertise and accessibility
  • Pass rates and student satisfaction
  • Return policies or pass guarantees 
  • Student support and engagement

Finally, we considered the unique features of each real estate school and the professional development opportunities, which can have lasting value to real estate agents like yourself.

FAQs: Best real estate schools in Maryland

How much does real estate school cost in Maryland?

To become a real estate agent in Maryland, be prepared to invest in an education that will equip you with the knowledge and skills you need. Here’s what to budget for:

  • Prelicensing exam coursework = $220 to $400
  • Background check = N/A
  • Maryland licensing fee = $90
  • State examination fee = $44

Estimated total = Between $350 and $550

What are the requirements for taking the Maryland real estate salesperson exam?

The requirements for taking the Maryland real estate salesperson exam are as follows:

  1. Complete the 60 hours of required prelicensing education.
  2. Pass the course final exam in the presence of a proctor.
  3. Pass the Maryland Real Estate Salesperson Examination.
  4. Find a sponsoring brokerage.
  5. Complete the online licensing application.

How long is the Maryland Real Estate licensing exam?

The Maryland Real Estate license exam consists of 80 national questions and 30 state-specific questions. You will be given 90 minutes to complete the national portion of the exam and 30 minutes to complete the state portion. To pass, you must answer correctly at least 56 of the national questions and 21 of the state-specific questions. Don’t let these numbers seem daunting. With the right education provider in your corner, you’ll be ready come exam day!

Is the Maryland real estate exam hard?

You’ll need a score of at least 70% in order to pass the Maryland real estate exam. And approximately 32% of Maryland students fail the test the first time around and have to retake it, which means it’s not the easiest test out there. You are able to retake the Maryland real estate salesperson licensing exam an unlimited number of times, however, during the given 12-month period. If you only failed a section of the exam, you can also retake that specific section, but you will have to pay the $44 exam fee each time you retake it. To increase your chance of passing the first time around, focus on doing everything you can to be prepared, including taking an Exam Prep course in addition to your required prelicensing course.

What is the average salary for a Maryland real estate agent?

According to Glassdoor.com, the estimated average salary for a Maryland real estate agent is about $172,000 annually. This value represents the median. Additional pay, which may include cash bonuses, commission, and profit sharing, is estimated to be between $53,000 and $99,000 per year.

Helpful links

We’ve rounded up the links and sites you’ll want to visit as a prospective real estate agent for the most up-to-date information on obtaining your Maryland license, choosing a school, and other state requirements.

  • Education Requirements
  • License Fees
  • Maryland Real Estate Commission Website
  • License Renewal Website

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HW Media, LLC has established an agreement with The CE Shop to promote online course information to consumers and real estate licensees. HW Media, LLC is not the developer of these courses and is simply providing a referral. Any questions regarding course content or technology should be directed to The CE Shop.

December 11, 2025/0 Comments/by JKents
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Gold Coast first-home buyers locked out as sub-$1m properties disappear

The expanded five per cent deposit scheme, now available for homes priced up to $1 million, should be a game changer but eligibility only matters if enough homes sit below that threshold.

Right now, the number that do is falling fast.

Our latest Ray White analysis of the Gold Coast market alone shows that affordable house sales have more than halved in just four years.

In 2021, more than 35,000 houses across the city sold under $1 million.

Today, that rolling annual figure is just 16,642.

Units have seen a similar drop, down from around 17,000 to 11,720 over the same period. This sharp decline in affordable listings means significantly fewer opportunities for buyers who can access the scheme.

Even more concerning: only one in four detached houses on the Gold Coast now sell under the $1 million threshold.

For units, it’s around seven in ten.

This is better, but still slipping each year as price growth continues to outpace supply.

Where homes are still attainable, competition is fierce.

Coomera and Pimpama, two of the region’s fastest-growing suburbs, dominate for houses under the cap, together accounting for nearly 500 eligible sales in the past year.

13 Burghardt Court, Pimpama, sold for $985,000

For units, Surfers Paradise towers above the pack with 856 sales under $1 million, followed by Southport and Labrador.

Main Beach Development

Units in Surfers Paradise are doing the heavy lifting.. Picture Glenn Hampson

These pockets are effectively carrying the weight of affordability in a city where new development has increasingly skewed toward premium product.

The story behind the numbers is simple: demand continues to surge while supply remains constrained.

Interstate migration to the Gold Coast is among the strongest in the country.

Investor activity has returned, providing much needed rental supply but they competing with first home buyers.

Downsizers want to stay local.

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Ray White

Ray White

And construction delays and high building costs mean new supply continues to lag well behind what is needed.

Government support has overwhelmingly boosted the demand side of the market, helping more first-home buyers compete.

Without the five per cent deposit scheme, many would continue renting indefinitely.

But boosting demand in isolation has consequences. Increased borrowing power is chasing a shrinking pool of eligible homes, pushing prices higher rather than improving genuine affordability.

This is where the next stage of the affordability challenge lies.

Corporate Headshots

Ray White chief economist Nerida Conisbee

The scheme opens the front door, but planning and supply decisions determine whether there is a house behind it. We must move quickly to deliver more diverse, medium-density options – townhouses, smaller family homes and quality mid-rise developments – particularly in suburbs still offering an attainable path to ownership.

The dream of home ownership remains alive on the Gold Coast.

But without a meaningful lift in supply, particularly at the entry level, that dream will continue to drift further out of reach.

The five per cent deposit scheme has created opportunity. Ensuring enough homes are priced to meet it must now be the priority.

*Nerida Conisbee is the chief economist for the Ray White Group

The post Gold Coast first-home buyers locked out as sub-$1m properties disappear appeared first on realestate.com.au.

December 11, 2025/0 Comments/by JKents
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Fed delivers third straight rate cut, but housing market will see limited relief

The Federal Reserve delivered another 25-basis-point cut to its benchmark interest rate on Wednesday, setting the target range at 3.5% to 3.75% amid signs of a softening labor market and inflation that’s still above the central bank’s 2% target. 

The move marks the Fed’s third straight rate cut to end 2025, following 25-bps cuts in September and October. For 2026, monetary policy watchers expect a slow march back toward neutral policy, while mortgage industry experts predict 30-year rates to stay in the 6% range.  

The policy change was approved by a 9-3 vote from the Federal Open Market Committee (FOMC). Stephen Miran dissented in favor of a larger 50-bps cut, while Jeffrey Schmid and Austan Goolsbee favored no cut.

“Available indicators suggest that economic activity has been expanding at a moderate
pace. Job gains have slowed this year, and the unemployment rate has edged up through
September,” the FOMC said in a statement. “More recent indicators are consistent with these developments. Inflation has moved up since earlier in the year and remains somewhat elevated.”

The Fed also announced an increase to its securities holdings through purchases of Treasury bills — and, if needed, other Treasury securities — with remaining maturities of three years or less to maintain an ample level of reserves.

“I would note that, having reduced our policy rate by 75 basis points since September and 175 basis points since last September, the Fed funds rate is now within a broad range of estimates of its neutral value, and we are well positioned to wait to see how the economy evolves,” Fed Chair Jerome Powell told journalists. 

According to Powell, risks to inflation remain tilted to the upside and risks to employment to the downside — a challenging balance. He added that there is no “risk-free path for policy as we navigate this tension between our employment and inflation goals.”

State of the U.S. economy

Fed officials also updated their economic projections for 2026, showing real gross domestic product (GDP) growth of 2.3%, up from a forecast of 1.8% in September. The unemployment outlook held steady at 4.4%, while the forecast for Personal Consumption Expenditure (PCE) inflation eased to 2.4%, down from 2.6%.

The increase in GDP for 2026 is due in part to the effects of the federal government shutdown, Powell said. He also cited support from fiscal policy, consumer spending and investments in artificial intelligence, which are boosting productivity.

But Powell noted that a rate hike is not part of the Fed’s base scenario. Most officials project interest rates to end 2026 in the 3.25% to 3.5% range, implying one additional 25-bps cut next year, unchanged from September’s outlook. Seven officials anticipate no further reductions, while eight expect at least two more cuts.

Inflation reached its highest level since the start of the year in September, rising 3% year over year compared to 2.9% in August, according to the U.S. Bureau of Labor Statistics. Meanwhile, the September jobs report beat estimates by creating 119,000 jobs, but the unemployment rate ticked up to 4.4% 

Jeffrey Ruben, president of home lending at WSFS Bank, said the Fed has consistently emphasized that U.S. economic growth remains resilient. “We see good growth this year and into next year as well,” Ruben said.

Ruben added that while the labor market had looked “unbelievably strong” until recently, inflation has been the persistent challenge. The Fed now appears to be prioritizing labor market stability “in hopes of keeping the labor market strong and maybe fending off some of the labor losses that are being perceived in the economy,” he said.

According to Ruben, the Fed continues to navigate a “very foggy road.”

That uncertainty is reflected in the data. According to Sam Williamson, senior economist at First American, the Fed still lacks official October and November jobs numbers, but “September’s jobless rate of 4.4% already sits above the Committee’s central range for ’maximum employment,’ underscoring a softening labor market.”

What’s next?

Bank of America analysts said this week that the base case for 2026 is steady rates, with the 10-year Treasury yield holding around 4.25% by year’s end, along with U.S. gross domestic product growth of 2.4%. But they flagged a potential wildcard: a more dovish Fed leadership.

President Donald Trump is searching for a new Fed Chair to replace Jerome Powell, and Kevin Hassett, director of the White House National Economic Council, is reportedly the leading candidate.

“With a new dovish Chair, the Fed could potentially cut closer to 2%. The outlook for a lower Fed path could allow 10-year Treasury yields to drop to a 3.0%-3.5% range, down from our 4.25% forecast for year-end 2026,” Bank of America analysts wrote.  

Williamson expects a gradual path back to neutral, leaving 30-year mortgage rates in the low-6% range next year, drifting down slowly rather than returning to the 3% to 4% levels of the prior cycle.

According to Williamson, as home prices cool, incomes rise faster than prices and rates ease at the margins, buying power could see “a measured, but persistent, recovery.” 

Sagent CEO Geno Paluso noted that mortgage rates are down nearly a full percentage point since January, although they actually rose after Fed’s cuts in September and October.

“We must keep servicers prepared to help consumers through all possible market outcomes, from capitalizing on lower-rate refis to navigating hardships,” Paluso said.

Nash Paradise, director of sales for UMortgage, added that the recent declines in mortgage rates were tied to a combination of low liquidity and the jobs report showing more openings than anticipated.

Prior to this week’s Fed meeting, “aggregating analysis was showing two cuts in 2026, with first possibly in April and the second in the third or fourth quarter,” Paradise said.

Selma Hepp, chief ecomomist at Cotality, offered tempered expectations for improved housing affordability.

“Prices remain strong and mortgage rates are unlikely to slip under the 6% mark for a 30-year mortgage, which will keep cautious first-time homebuyers on the sidelines, and overall home-buying activity seasonally slow until we come closer to the spring home buying season,” Hepp said.

In regard to the housing market, Powell said he doesn’t expect Wednesday’s 25-bps cut in the federal funds rate to meaningfully change conditions, given today’s limited housing supply and the large number of homeowners who still carry low mortgage rates from the post-pandemic years.

“Housing is going to be a problem,” he said. “We can raise and lower interest rates, but we don’t really have the tools to address a secular, structural housing shortage.”

December 11, 2025/0 Comments/by JKents
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2026 mortgage compliance trends show staffing strains, regulatory risks

Ncontracts, a provider of compliance, risk and vendor management solutions for the financial services industry, released a new survey Tuesday that examines how institutions are managing evolving compliance expectations in 2026.

The survey, “The Future of Compliance: Benchmarking the People, Processes, and Pressures Shaping Compliance in 2026,” included responses from 183 financial institutions across various asset sizes, charters and geographies.

Ncontracts found that leadership support is rising at the compliance level, with 82% of respondents saying they’re satisfied with board and management backing, while 74% are satisfied with their institution’s compliance culture.

More than half (56%) reported stronger integration of compliance into policies, procedures and training since 2021.

Nearly 40% of institutions operate with one or two compliance professionals, while 25% of firms with $1 billion to $10 billion in assets have similarly small teams. Meanwhile, 64% expect budgets to remain flat or shrink in the next 12 to 18 months.

Experience gaps are growing. While most compliance staff are highly experienced, many are nearing retirement. At roughly one in four institutions, 25% of personnel may retire within five years, and 9% of institutions risk losing more than half their compliance team.

Regulatory uncertainty is the top compliance risk at 38%, followed by fair lending (33%), limited resources (30%) and staff training (30%). Traditional risks such as Bank Secrecy Act/Anti-Money Laundering rules (25%) and cybersecurity (16%) have declined from their 2021 peaks.

The study also identified a technological divide. Manual compliance processes generate seven times more examiner concerns and four times lower staff satisfaction. Only 32% report no use of artificial intelligence, while 26% are exploring or piloting AI solutions.

“What we’re seeing is compliance evolving into a strategic function that influences everything from risk culture to boardroom decision-making,” said Michael Berman, founder and CEO of Ncontracts. “Yet compliance teams are being asked to do more with the same resources, creating both challenges and opportunities for institutions willing to invest in modernization and talent development.”

December 11, 2025/0 Comments/by JKents
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$95/hr: Aussies using their homes for lucrative side hustle

Swimply is like the Airbnb of swimming pools.

Savvy Australians are turning their backyard swimming pools into unique side hustles that are earning them up to $95 an hour.

As the summer heat kicks in, Aussies without a pool are looking for alternatives to crowded beaches and leisure centres to stay cool.

It is a market need that those with unused swimming pools are turning into quick cash thanks to Swimply.

Think of Swimply like the Airbnb of pools where instead of hiring a whole house, people can rent a swimming pool by the hour.

Filters allow searches to be tailored by location, availability, water type (salt, chlorine or mineral) as well as numerous other options like the inclusion of spas, barbecue facilities, saunas and more.

The highest rate going when News Corp Australia tested Swimply was a Hamptons-style pool in Davidson in Sydney’s Northern Beaches which was available for photo shoots only.

But other pools across the greater Sydney region could be secured for as little as $30 an hour.

Renting out your unused swimming pool is an interesting concept, particularly for an ageing population in Australia.

MORE: Named: Aus’ shock new $3m suburbs exposed

Aussies have been promoting their Swimply listings on social media.

MORE: Where you should’ve bought in Aus 10yrs ago

Many Aussie homeowners bought homes with pools or had them installed for children who have long since grown up and moved on.

While a portion of homeowners take the drastic step to fill in their unused pool rather than maintain something that isn’t in use, Swimply offers an alternative that also puts cash back in your pocket.

While the Swimply concept might appeal to many, some Aussies have called out the prices on offer as “robbery”.

People took to one Facebook group for a region in Western Sydney after a resident promoted their Swimply listing.

“I’m sorry $60/hr? That’s robbery. My husband, our teenager, toddler, newborn and I pay $10 for a whole day at Camden Pools and at the Billabong in Campbelltown we pay just under $20 for the day,” EnthusiasticGoose5840 said.

“Surely this is a joke,” Annika Maree replied.

But not everyone is against having their own private pool for a couple of hours.

“We have hired this pool before for a party and can highly recommend this host,” on person said.

“How good is this,” said another.

The post $95/hr: Aussies using their homes for lucrative side hustle appeared first on realestate.com.au.

December 11, 2025/0 Comments/by JKents
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Loft47 launches automation and commission management platform for real estate teams

Loft47 — a back-office automation and commission management platform for real estate brokerages — has introduced a new product aimed specifically at teams.

Loft47 for Teams is built to automate commissions, payouts and accounting workflows while giving team leaders real-time visibility into performance and profitability.

“Real estate teams are running increasingly complex businesses within brokerages, and they deserve the same financial intelligence and automation that broker owners enjoy,” Loft47 CEO and founder Sasha Hryciuk said. “Loft47 for Teams eliminates the manual reconciliation, spreadsheets and guesswork that slow down team leaders. They can now access clear, meaningful data in real time and spend their energy driving production and profitability.”

While the product uses Loft47’s existing back-office framework, the new platform adds features tailored to team structures, including automated commission allocations, sub-team tracking and deductions.

It also monitors deposits for every transaction, calculates gross commission income per agent and provides an instant readout of net team earnings.

Team leaders can view performance trends, cash flow and individual agent or sub-team metrics through a unified dashboard. The system also uses AI-powered document auditing to extract key contract details and check compliance automatically.

All deal files and accounting processes — from deposits to payouts to reconciliation — are centralized, the company said.

Early adopters have reported up to a 70% reduction in time spent on commission calculations, more than a 90% drop in manual entry errors and a 50% time savings per deal for administrators.

“Loft47 has completely changed the way we understand our team’s financial performance,” said Claire Crawford, director of operations and associate broker of the Crawford and Lee team with RE/MAX Realty Services. “For the first time, we can clearly separate our team income from the commissions paid out to our agents and instantly see how the business is actually performing.

“The system is easy for our admins to use, integrates seamlessly with Xero, and gives us confidence that our numbers are accurate every single month. Loft47 has become the financial backbone of our operations.”

The Team Experience Dashboard offers interactive snapshots of commission splits, income, closings, pipeline activity and lead sources.

Loft47 for Teams also integrates with widely used industry tools — including Rechat, Dotloop, DocuSign Rooms, SkySlope, Zum Rails, QuickBooks Online and Xero.

Loft47 said onboarding typically takes less than 30 days, with a review of a team’s structure and accounting workflows, followed by configuration of imported deals, users and commission models.

Teams then complete training and test runs before going live, with continued support after launch, according to leaders.

December 11, 2025/0 Comments/by JKents
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True cost of selling your home to live on a cruise ship

Cruise Ship Stranded In Belfast For Five Months Returns To Port After Setting Sail

The Villa Vie Odyssey is about to get a luxury sister ship. Picture: Charles McQuillan/Getty Images

The sea’s the limit for adventurous Aussies if you’re wealthy enough.

A residential cruise line just announced a new luxury ship that will allow passengers to live on board permanently.

Launched by Villa Vie Residences under the working name Project Lumina, the ship will feature fully-owned private residences and top amenities and services.

Fares will start at $539,999 (AUD $808,000) for an ocean-view cabin, increasing to $899,999 (AUD $1.35 million) for balcony suites, according to a Facebook post from Villa Vie Residences.

That means the starting price is less than the cost of the average Sydney home or unit which come in at $1.62 million and $885,000 respectively.

Official details of the new ship — such as the name, design highlights and inaugural deployment — will be announced at a later date, The New York Post reports.

Villa Vie Residences currently allows passengers to own, rent or lease a cabin for life on its Odyssey cruise ship, with prices starting at $189,999 (AUD $284,000) for passengers aged 75-79, along with a monthly maintenance fee of $2,999 (AUD $4500) and up, depending on room size and number of occupants.

The Odyssey, which carries up to 970 passengers, is currently on a “continual world cruise” docking at more than 425 ports and 140 countries every three-and-a-half years.

MORE: Woman drops $2.9m on cruise ship home

The Ville Vie Odyssey offers the chance to secure a room for 15 years.

MORE: Couple sell home to live on 15-year cruise

Details about individual units on the new ship were not disclosed with the brand announcement. For reference, most rooms available on the Odyssey measure between 130 and 225 square feet, alongside the 675 square-foot Owner’s Suite.

Project Lumina will run in parallel with the current contemporary model on the Villa Vie Odyssey, which will keep its role as the flagship contemporary residential product.

“Project Lumina does not replace our commitment to the Odyssey,” Kathy Villalba, CEO & Co-Founder of Villa Vie Residences, said in a statement.

“It reinforces our ability to build a stable, long-term business structure while expanding what it means to call the ocean home.”

The project will be led by President Chris Cox, who previously assisted in selling cabins on the residential cruise line Crescent Seas.

The idea of residential cruise ships is one that is gaining plenty of traction in recent years with many retirees opting to forego the maintenance of a home for the thrill of the sea.

Many people see it as a cheaper option that allows them to tick a number of items off their bucket lists. It also sets people free from bills like rent or mortgages, groceries, car registration/tolls/petrol, electricity, water and everything else in-between.

MORE: Dark side of living on a cruise ship exposed

Johan Bodin and Lanette Canen have embarked on a 15-year cruise.

MORE: What you get in a $86m cruise ship home

Lanette and Johan Canen, both 55, are also aboard the Odyssey after selling their home and business in Hawaii.

“We had a rented cars business which we sold to be able to afford our cabin,” Johan said.

“People think we’re ultra rich for being able to do this, but it’s cheaper than our rent and living costs in Hawaii. This is for normal people.”

Lanette and Johan had visited more than 25 countries just eight months into their 15-year journey.

Many people considering full-time cruising as an option for them struggle with the idea of leaving family behind but that isn’t an issue on the Odyssey – friends and family can visit for up to 28 days with their own room and it’s free.

The post True cost of selling your home to live on a cruise ship appeared first on realestate.com.au.

December 11, 2025/0 Comments/by JKents
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