The Property Investment Professionals of Australia (PIPA) have elected two new board directors including CoreLogic’s head of content Kylie Davis as its membership base has been growing.
ASPIRE Advisor Network’s Richard Crabb has also been appointed to the PIPA board recently.
Ms Davis is a 25-year media veteran and has nearly 10 years’ experience in property, as national network editor at News Corp Australia and four years in solutions and real estate marketing roles at CoreLogic.
The PIPA chairman Peter Koulizos said PIPA is delighted with Ms Davis’s appointment given her strong media background and expertise in property “both professionally and personally.”
The Sydney-based Davis said she looked forward to working with the rest of the board to raise awareness of professional standards in property investing.
“I’ve been a property investor for the past 10 years and know how fraught the experience of getting quality advice can be and how very important good research is,” she said.
“With APRA changes making it more difficult to fund property investment and affordability issues, there has never been a more important time for professional standards to be raised and increased transparency in the industry.”
Victoria’s Richard Crabb of the ASPIRE Advisor Network was also elected to the PIPA board of directors.
Crabb brings a wealth of knowledge to the board table given his 20-plus years in senior financial services and leadership roles.
“As well as being a successful property investor himself, the ASPIRE Advisor Network has transacted about $250 million in investment properties across Australia,” he said.
Mr Crabb said he was looking forward to representing the ethical practitioners working within the brand-new property investment space.
“This is a segment of the market that unfortunately, with no regulation, has seen many operators, marketers, spruikers and self-proclaimed property investment advisers ‘sell’ properties by any means to investors,” Mr Crabb said.
PIPA was formed by industry practitioners with the objective of representing and raising the professional standards of all operators involved in property investment
Staff Reporter, Property Oberver, 23 July 2018