The Real Estate Institute of Queensland (REIQ) has teamed up with Securexchange to launch the Seller Disclosure Tool – a purpose-built digital solution to help agents meet Queensland’s new statutory disclosure requirements coming into effect on Aug. 1.
The new legislation introduces a mandatory seller disclosure regime, requiring sellers to provide a disclosure statement and prescribed certificates to buyers before signing a contract, according to REIQ. Agents can prepare and deliver these documents on behalf of sellers, but incorrect or incomplete disclosure may give buyers the right to terminate the contract before settlement.
To support agents in meeting these new obligations, the Seller Disclosure Tool was developed to simplify the process. It automates property searches and instantly populates disclosure forms with accurate, up-to-date data. According to the REIQ, it’s designed to save time and reduce manual work for property professionals across the state.
REIQ CEO Antonia Mercorella (pictured) said the tool would ensure agents are prepared for the changes ahead.
“We are proud to partner with Securexchange to deliver a game-changing tool to make complying with seller’s disclosure even more simple for Queensland agents,” Mercorella said.
“As a tool that automates and simplifies the property search and disclosure process, the Seller Disclosure Tool saves agents significant time that would otherwise be spent manually compiling information – and when it comes to transacting property, we know time is valuable and precious.”
Securexchange Head Alex Antal said the collaboration aimed to address common pain points for agents with an intuitive and secure solution.
“Every feature of the Seller Disclosure Tool has been designed with the practical needs of real estate agents in mind, ensuring a user-friendly experience that’s both intuitive and efficient,” Antal said.
“It integrates seamlessly into existing workflows, allowing agents to focus on helping their clients buy and sell homes and investment properties.
“Additionally, the Seller Disclosure Tool has been built with the highest security standards to safeguard both transactions and client data from potential cyber threats.”
To help agents get up to speed, the REIQ and Securexchange will host a webinar on July 9, offering a full walkthrough of the Seller Disclosure Tool’s functionality.
“Now is the time to prepare for the changes coming in August 2025 and the Seller Disclosure Tool is designed to make that transition as smooth as possible for Queensland agents,” Mercorella said.
“By attending the webinar, agents will gain an in-depth understanding of the tool’s capabilities and how it will benefit their business, helping them stay ahead of the curve and ensure compliance with the upcoming regulations.”
