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Real Estate News
Ray White NZ appoints Gavin Croft as Chief Operating Officer
Ray White New Zealand has appointed experienced award winning auctioneer Gavin Croft as its new Chief Operating Officer to help spearhead the next phase of growth at the leading network. Ray White New Zealand currently has a network of 177 offices across the country with a market turnover of $11.9 billion in sales and 18,000 properties under management. Ray White’s…
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Real Estate News
McGrath launches new digital experience platform
McGrath Estate Agents has launched a new digital experience platform, designed to set it apart from traditional real estate websites. Delivering a unique user experience for its clients, whether they be vendors, buyers, landlords or tenants; the new content-focused website showcases an elegant, minimalist design that embodies the McGrath brand. In another first for mcgrath.com.au; the new digital experience platform…
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Real Estate News
Digital mastery for the real estate industry
It’s no secret that the digital world can be confusing and competitive, while tried and tested methods of leads and visibility can change in a heartbeat. And with big players of the industry changing the interaction between clients and agents, agencies need to upskill quickly to become both masters of attraction and masters of their own lead generation. It is…
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Real Estate News
Australia needs to build a new ‘Canberra’ every year
In 1988 the Australian Bureau of Statistics (ABS) projected a population of 25 million by 2050. Australia reached that estimate 30 years earlier. Our population grew by more than 400,000 in 2018-19, and the ABS now projects a population of 30 million by 2030. One of Australia’s best-known urban planners and designers, Mike Day – who is co-founder and director of RobertsDay and a…
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Real Estate News
realestateview.com.au announces Antony Catalano as newest board member
realestateview.com.au announced the appointment of Antony Catalano as a board member. Catalano and his business partner, Alex Waislitz, now hold the largest interest in realesteview.com.au with an economic stake of 26 percent. This is another venture for the pair who are currently growing their media portfolio alongside the recent acquisition of Australian Community Media (ACM)…
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Real Estate News
Elders appoints Head of Residential Real Estate
Elders has announced the appointment of seasoned marketing and business executive, Belinda Connor, as the Head of its Residential Real Estate division. Mrs Connor has previously held numerous strategic marketing and network growth roles with leading companies, including Foxtel and the Wendy’s franchise network. She will assume responsibility for the strategic oversight of Elders’ residential real estate network operations and…
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Real Estate News
Rent.com.au celebrates improved performance
Rent.com.au has reported its best operating performance to date, with the second quarter of 2019-20 financial year revealing a 19 per cent improvement on the period prior. The renting website released its latest financial report last week, with CEO Greg Bader celebrating the results. “To finish 2019 with a record-breaking EBITDA quarter is exceptionally pleasing, especially when you factor in…
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Real Estate News
Ray White ‘Event’ auctions a pointer to a buoyant 2020
Ray White Surfers Paradise Group’s (RWSP) annual The Event auctions, held last weekend on the Gold Coast, have pointed to a robust Gold Coast market, according to RWSP CEO Andrew Bell. A total of 31 properties were sold by the end of Saturday’s auctions, close to $20 million, and a large number are still under…
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Real Estate News
Ray White around the grounds auction report
As the market starts to heat up in 2020, Ray White has reported they had 346 auctions scheduled this week, with 131 of those booked in for Saturday. Preliminary data on auctions in Sydney shows the clearance rate was at 85 per cent clearance on Saturday for the Ray White network. Ray White New South Wales chief auctioneer Alex Pattaro…
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Real Estate News
Berkshire Hathaway HomeServices introduces QuickBuy
Berkshire Hathaway HomeServices Starck Real Estate has introduced QuickBuy – an alternative home sale option made available through a partnership with Moving Station, LLC. The relationship allows Starck Real Estate to present Midwest home sellers with a reliable “instant” offer for their home as an alternative to a traditional home sale. Consumers who request a QuickBuy offer from Starck will…
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Real Estate News
The Agency records 147 per cent increase in revenue
Real estate industry leader The Agency Group Australia has recorded strong growth for the half-year 2020 with a combined total group revenue of $25.2 million – up 147 per cent on the previous corresponding period. Yesterday’s results delivered to the ASX showed this was on the back of positive Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) and Gross Commission…
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SELLING + MARKETING PROPERTY
Four tips for building greener homes at a better price
A leading builder has revealed his top four tips for creating more affordable ‘green’ homes with lower running costs in 2020. AJP Constructions owner Andrew Payton said the idea that homes with green credentials take longer to build and require a ‘sustainability premium’ was ludicrous. “It’s ridiculous that some builders attach a premium to making homes more sustainable,” Mr Payton…
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Real Estate News
Coronis launches B2B property management service
Coronis has expanded its property management offering with a new national B2B professional service, headed up by industry expert Salina Kachel. Property Management Director Jodi Ford said the new service offering was part of the company’s National Growth Strategy with an increased focus on partnerships with the likes of wealth creation houses, financial planners and off-the-plan selling companies including builders…
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Real Estate News
Vic Real Estate Group turns to Acquire platform for advertising feedback
Greg Hocking Real Estate has announced a partnership with The Today Business to deliver a new approach in real estate advertising to its clients. Greg Hocking Real Estate CEO Greg Hocking said advertising was a significant portion of the total spend of most real estate sales campaigns, but there was an industry-wide problem with lack of visibility regarding the real-time…
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Real Estate News
Rod Fitzgerald joins DiJones corporate team
Industry-leading talent Rod Fitzgerald has joined DiJones in the corporate team as Director for Corporate Partnerships and Events in a move to capitalise off continued brand influence. DiJones Chief Executive Office Rob Ward said Mr Fitzgerald’s appointment would catapult DiJones into its own league of real estate service offering. “This appointment is inextricably linked to our strategy and belief that…
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Real Estate News
How will the bushfire crisis impact property prices?
There is no escaping the effect the recent bushfire crisis will have on property prices, but an independent property research company claims the impact will depend on the state of the market in the suburb prior to the bushfires as well as how badly the areas were hit. RiskWise Property Research has identified three ‘severity’ categories with greatly varied impacts…
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Real Estate News
Hobart leads the way as resale prices on the rise
Almost nine out of 10 property resales over the September 2019 quarter sold for more than their previous price, delivering a gross profit of $18.7 billion for resellers across Australia. The latest CoreLogic Pain and Gain report showed overall 87.4 per cent of property sold above its previous price, and reveals a slight increase in profitable resales (0.1 per cent)…
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Real Estate News
RESAAS teams up with BoxBrownie.com
RESAAS Services Inc, a technology platform for the real estate industry, is pleased to announce a partnership with BoxBrownie.com. BoxBrownie.com is an award-winning real estate image enhancement company. It provides ondemand professional photo editing services to real estate agents worldwide. Under the terms of the agreement, signed on January 16, 2020, RESAAS will sell photo…
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Real Estate News
Brendon Skipper takes the wheel at Movinghub
New Zealand prop tech company Movinghub has appointed former realestate.co.nz CEO Brendon Skipper as Acting Chief Executive Officer following the resignation of Kelly Addis. Movinghub Global Chief Executive Officer Michael Dornan said Mr Skipper had more than 15 years of experience in leadership roles and would lead the company through its next stage of growth “Brendon has a solid understanding…
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Real Estate News
Sydney kicks off 2020 with increase in rental vacancy
Vacancy rates increased in Sydney during the month of December, rising 0.2% to 3.4%. This is particularly evident in Sydney’s Inner Ring where rates increased from 2.4% to 3.4% suggesting tenants are experiencing a rise in availability across the metropolitan areas. In the Middle and Outer Rings rates dropped suggesting these areas are proving more…
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Real Estate News
Victorian property market sets new records
House values in metropolitan Victoria have surpassed $850,000 for the first time as the state continued its strong run, smashing price records in the December 2019 quarter. The results come on the back of two consecutive quarters with growth of more than 3 per cent each, according to the latest Real Estate Institute Victoria quarterly median price data. Melbourne house…
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Real Estate News
Six properties sell ahead of The Event as Gold Coast market gathers steam
The Gold Coast’s flagship real estate auction, The Event, is off to a flying start with six properties finding buyers ahead of Saturday’s auction date. Australia’s largest in-house auction program, hosted annually by Ray White Surfers Paradise Group (RWSP), is living up to its title with an initial 103 properties listed on the 2020 program. The properties range from one-bedroom…
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Real Estate News
Ray White Inner North welcomes familiar face
Perth real estate agent Helen Bond is returning to her old stomping ground as she takes up the role of Sales Executive at Ray White Inner North. In the past, Ms Bond established Ray White’s first office in Mount Lawley – an area she has lived and worked in for more than 30 years. “This is the perfect mix for…
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Real Estate News
Best regional towns for annual price growth revealed
New research has identified the best major regional locations for average annual house price growth over the past two decades. The in-depth analysis by property market research firm and buyer’s agency Propertyology found that, contrary to popular opinion, many towns across the country produced median house price growth as robust as capital cities over the 20-year period. Alice Springs in…
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Real Estate News
REA Group unveils national event series
REA Group will bring thousands of its customers together at a unique new industry event series to be held in Melbourne, Sydney, Brisbane, Adelaide and Perth this year. Prop20, to be held throughout March and April, will give agents, property managers, developers and marketing teams with access to leading industry experts, while allowing REA customers to build their own agenda.…
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Elite Agent
Top 20 locations house prices tipped to rise most in 2020
Tasmania is leading the way for median house price rises in 2020 – one of several locations across the country tipped to record a rise of up to $200,000, according to new research. The analysis by SuburbGrowth.com.au – part of the Select Residential Property Research Group (SRP) – identified the top 20 locations where median house prices are tipped to…
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Real Estate News
Console Cloud integrates with Victorian forms provider
Australian software firm Console Australia has integrated Victorian forms provider Forms Live with Console Cloud in a move that will save real estate professionals across the state significant administration and double-handling of data. Console Cloud is Console’s flagship SaaS enterprise software product, providing trust accounting, property management and real estate software in Australia and New Zealand. Console Cloud is the…
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Real Estate News
First home buyers back at highest level in almost a decade
First home buyers are making the comeback of a decade with new figures showing the highest level of new lending in almost 10 years. The latest Australian Bureau of Statistics figures show a 19.71 per cent increase in the value of new owner-occupier loans taken out in November, year-on-year in seasonally-adjusted terms While investors slipped back slightly in November with…
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Real Estate News
Domain supports agents in bushfire-affected areas
Property marketer Domain Group is offering a package to support real estate agents who have been affected by the nationwide bushfire crisis. Domain said the package was open to any customers who were operating within affected bushfire areas and experiencing a negative impact on their business as a result. “It’s hard to comprehend the scale of these bushfires that have…
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Real Estate News
Market Buy reports record online sale
Market Buy has kicked off the year with a major win, achieving what they believe could be the highest online sale in “the history of Australian real estate”. Using the online offer management system, @Realty in Far North Queensland sold the massive 8000-acre land holding known as “Hazeldean” for $8.344 million on January 9. In a statement, Market Buy noted…
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Real Estate News
Holiday homeowners can help those affected by bush fires
Leading property firm Raine & Horne has made a significant financial contribution to the real estate industry's Beyond the Bricks campaign and is also calling on owners of short-term holiday rentals to consider letting to families whose homes were destroyed by the horrific bushfires. Beyond the Bricks is the property's industry's response to the bushfires and has already…
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Real Estate News
REA Group announces promotion of Kul Singh to Chief Sales Officer
REA Group has announced the internal promotion of Kul Singh to the position of Chief Sales Officer and a member of the Executive Leadership Team, commencing January 20. In his new role, Mr Singh will be responsible for all aspects of sales across REA Group, including sales teams supporting residential, developers, commercial and media customers. Mr Singh joined REA Group…
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Real Estate News
Real Estate industry unites to support victims of the bushfire crisis
Within days of launch, almost 30 real estate industry brands have united behind the Beyond the Bricks campaign as part of an industry-wide response to the devastation caused by the bushfires. With a focus on a three-phase response that encompasses the pillars of ‘relief, rebuild, restore’, the group has already pledged more than $900,000 with four preferred charities flagged for…
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Real Estate News
Bushfires may intensify housing shortage
The bushfire crisis is likely to further impact the already tough housing market in regional Victoria, according to the REIV. Fierce fires continue to ravage Eastern Victoria, with over 75,000 private dwellings under threat. Meanwhile, locals will soon return to their homes and try and rebuild their lives. REIV President Leah Calnan said, with many homes impacted, a lot of…
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Real Estate News
REA Group joins the global support of Australia’s bushfire relief efforts
As Australia’s bushfire crisis continues, REA Group is introducing relief initiatives to help provide assistance to those affected by the devastation. REA Group CEO, Owen Wilson said like all Australians, the REA had been shocked and saddened by the overwhelming impact Australia’s bushfires are having on local communities and the environment. “We know nothing can take away the devastation experienced…
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