-
How to Lead a Winning Team in 2018
Airbnb property management startup Hometime just scored $6 million from a new VC fund that offers debt
Sydney-based Airbnb property management services company Hometime has landed a $6 million debt and equity funding deal with Australian technology venture capital firm OneVentures. It’s the first deal from the new $100 million OneVentures Fund, launched less than 12 months ago. The fund is a partnership between OneVentures and Viola, the technology-focused Israeli venture credit fund. It’s also one of…
Read More » -
Real Estate News
BresicWhitney to introduce new auction fee model
Sydney property group BresicWhitney is looking to save sellers when it comes to auction fees, introducing a new model which sees them only pay to secure an auction date rather than foot the bill for full auction fees up-front. The move is aimed at alleviating what BresicWhitney says is a big cost for sellers going to market. Rather than paying…
Read More » -
Real Estate News
Perth home sets $4.73m sale record for online auction
A luxury Perth home has become the highest value property ever sold through the online auction platform, Openn Negotiation, with a winning bid of $4,727,776. Caro Cunningham from Mint Real Estate was the agent behind the record-breaking sale and says her sellers of 142A Victoria Avenue, Dalkeith are beyond happy with the result: “Selling in 20 days and above reserve…
Read More » -
Real Estate News
Reed & Co event in Noosa raises over $100K for children’s hospital equipment
Noosa’s Reed & Co Estate Agents has played an instrumental role in raising more than $100,000 to purchase vital paediatric medical equipment for the Sunshine Coast region. The impressive tally was the result of the company’s inaugural Charity Gala held on Saturday, 15 June at Noosa Waterfront Restaurant. The event was conducted in collaboration with the LOYAL and Humpty Dumpty…
Read More » -
Real Estate News
WA to host Home-Grown Heroes real estate conference
West Australian agents are set to enjoy a real estate conference specifically tailored for their needs, courtesy of the Home-Grown Heroes conference on August 14. To be held at Crown Perth, Home-Grown Heroes is a conference that focuses on local West Australian real estate agents who are making their mark. The event was inspired by real estate coach and agent…
Read More » -
Real Estate News
Budget supports growing communities despite tightened purse strings
Treasurer Dominic Perrottet’s third NSW Budget delivers a record infrastructure spend, strong spending in health and education and a solid outlook for growth despite reduced stamp duty revenue, according to Property Council of Australia. A smaller surplus of $802 million in 2019-20 and averaging $1.7 billion in forward years, has produced a sensible budget, one that is a product of…
Read More » -
Real Estate News
Ray White welcomes high performers James Levy and David Beveridge
Two of the highest performing agents on the Upper North Shore of Sydney have joined the award-winning team at Ray White Upper North Shore. With a combined 34 years’ experience in the industry, James Levy and David Beveridge have become two of the Upper North Shore’s leading agents. Having both worked at separate local agencies, Mr Levy and Mr Beveridge…
Read More » -
Real Estate News
RE/MAX announces its top global performers
Global real estate giant, RE/MAX, has just announced its top performers for the 2019 first quarter, with a staggering 30 entries from Australia and New Zealand in the Global Top 100 lists. “Here the designation ‘Global’ represents all agents outside of the United States and Canada,” explained Michael Davoren, Managing Director of RE/MAX Australia and RE/MAX New Zealand, “which is…
Read More » -
Real Estate News
The Agency achieves significant growth
The Agency Group has reported continued growth, notching up $402 million worth of property sales in April and May, and $34.8 million in year-to date Gross Commission Income (GCI) to the end of May, 2019. West Coast operations, which incorporate The Agency and SLP brands, achieved the highest GCI of $1.3m in May, while the group delivered a total of…
Read More » -
Real Estate News
Bryce Bevan named REINSW’s top novice auctioneer
It was sheer determination that got Bryce Bevan over the line as he and more than 25 other novice auctioneers made their bids for the 2019 REINSW Novice Auctioneers Competition. Mr Bevan, a Bloodstock Consultant with Inglis, was crowned the champion in front of excited bidders, supporters and industry leaders at Sydney’s iconic Customs House recently. “I’m absolutely ecstatic to…
Read More » -
Real Estate News
Wilson launches apartment-focused agency
Multi-award winning Real Estate Agent and entrepreneur Adrian Wilson has launched a new, innovative apartment-focused agency in Sydney City. Ayre Real Estate offers specialised services to the premium apartment market – an area which Mr Wilson believes has significant opportunity for improvement in the level of service, quality of marketing and specialist advice. “Buying, selling, renting or investing in apartments…
Read More » -
Real Estate News
REIWA calls for WA to take action and abolish stamp duty
REIWA has welcomed Productivity Commission Chairman, Michael Brennan’s recommendation for state governments to abolish stamp duty and has strongly urged the Western Australian government to take action. REIWA President Damian Collins said stamp duty was an inefficient tax and one of the biggest imposts to home ownership. “Despite WA currently being the most affordable state in the nation, many still…
Read More » -
Real Estate News
Stone Real Estate launches third Hunter Valley office
Boutique agency Stone Real Estate is expanding in the key New South Wales market of Hunter Valley, with the addition of a third office in the region. Stone Real Estate Kurri Kurri opened this week, just over a year after the launch of Stone Hunter Valley and Stone Lake Macquarie. Principal of all three Stone Hunter Valley offices David Tanchevski…
Read More » -
Real Estate News
Dream come true for new RE/MAX Coast owners
A well-known Gold Coast real estate couple have taken over ownership of RE/MAX Coast, formerly Hartnell Realty, with big plans to move the business forward while retaining its family ties. Kevin and Lisa Brown said it was their dream to establish their real estate business in Ashmore, where their family (including nine-year-old twins and an almost-eight-year-old) has lived for 15…
Read More » -
Real Estate News
Sotheby’s International Realty expands in Western Australia
On the back of highly-successful senior sales roles, Meryl Carter has been announced as new Director of Sotheby’s Riverside location in Western Australia. Ms Carter said her extensive experience, including working with luxury brands such as Bombardier Business Jets and in numerous sales director and general management roles in global firms, stands her in good stead for the new position.…
Read More » -
Real Estate News
Stars align for new RE/MAX Pokeno owners
An agent who made ‘Rookie of the Year’ in her first 12 months with RE/MAX has taken over ownership of the Pokeno office, bringing her passion for the local community to the business. Lisa Walden, who is now in her fourth year with RE/MAX, along with her husband Kevin, launched RE/MAX Stars at 68 Great South Road on 1 June…
Read More » -
Real Estate News
Top sales performers recognised at the C21 Convention
At its annual Australasian Convention, Century 21 inducted Nickolas Dilles to its Hall of Fame and recognised top performers from within its network. Hamilton Island was the location of the 2019 Century 21 Convention, which saw attendees from across the business come together for three days of motivation, training, and networking. A key part of the convention was to recognise…
Read More » -
Real Estate News
Partnership gives renters a fair go with bond
Renters will be empowered with greater financial flexibility and convenience when funding their next rental bond thanks to a joint venture between Australia’s leading rental property website and a finance company. Fair Go Finance has partnered with rent.com.au to develop and fund convenient financial products aimed at more than 600,000 renters who visit RENT’s App and website each month. The…
Read More » -
Real Estate News
Agency director Sophie Lyon wins $60,000 to reinvent the rental experience
realestate.com.au has announced Jellis Craig Hawthorn Director, Sophie Lyon, is the winner of the inaugural Real Ideas Prize. The nationwide competition saw real estate industry professionals reimagine the rental experience in Australia and had a total prize pool of $100,000 up for grabs. Ms Lyon pitched ShowMeNow – an Uber style concept designed to make it easier for tenants looking…
Read More » -
BEST PRACTICE
Don’t run the risk of having to pay for company debts yourself
Recent changes to company tax obligations could put company directors at increased risk of being personally liable for the Superannuation Guarantee Charge (SCG), according to legal experts Meyer Vandenberg Lawyers. They explain amendments to the Commonwealth legislation in April have extended the enforcement measures and decreased the reporting timeframes for a company’s SCG obligations. Meanwhile, further proposed legislation could have…
Read More » -
Real Estate News
Simon Norris elected National President of the HIA
Housing Industry Association (HIA) National Vice President Simon Norris has been elected the industry body’s President following the recent departure of Pino Monaco. Mr Norris boasts more than two decade’s association with the HIA, including a former stint as Queensland President. “Simon’s involvement with the HIA has spanned over 20 years, in various roles including as Queensland Executive Committee member,…
Read More » -
INDUSTRY NEWS
Short term growth forecasts for affordable suburbs
New research by research group sellorhold.com.au has uncovered 15 affordable suburbs around Australia, where they say buyers are tipped to make at least $50,000 in three years after offloading underperforming properties elsewhere. Head of Research Jeremy Sheppard said low growth forecasts were common in a number of suburbs in Darwin and Perth, which means that investors would likely be better…
Read More » -
Real Estate News
Crown Group property developers’ sales rebound
Australian property developer Crown Group says the Reserve Bank’s latest rate cut is welcomed by developers and is seeing a return of confidence among home buyers and property investors. Chairman and Group CEO Iwan Sunito said he had seen a surge in both confidence and buyer activity in the past two weeks, as a result of the federal election outcome.…
Read More » -
Real Estate News
Local heroes honoured in community campaign
Laing+Simmons has revealed its 10 Real Heroes: the coaches, carers, volunteers and regular Aussie battlers who have each now received $5,000 as part of the company’s campaign honouring the ‘unreal efforts of real people’ in the community. The Real Heroes campaign saw Laing+Simmons give away $50,000 to 10 local heroes in the community after receiving hundreds of nominations from across…
Read More » -
Real Estate News
The best of the best on show at AREC’s Australasian Auctioneering Competition
After the resounding success of last year’s inaugural competition, the AREC Australasian Auctioneering competition has now established itself as an integral part of the Australian Real Estate Conference. Under the direction of AREC founder John McGrath, the competition was judged by an independent panel of four, who awarded the AREC 2019 Australasian Auctioneer to New South Welshman, Jason Andrew from…
Read More » -
Real Estate News
@realty move into Tasmania
@realty has launched in Tasmania, giving the company a presence in every state and territory in Australia except the Northern Territory. The agency has secured licensing to expand into Tasmania, and launched a recruitment drive, enticing agents with its unique model that allows the opportunity to choose where they work, and own 100 per cent of their rent roll. Headquartered…
Read More » -
Real Estate News
DiJONES opens private rooms for parents across all NSW offices
DiJONES real estate has now opened a private room at all of their offices across NSW to allow mothers to breastfeed, and parents to change nappies and heat up food. DiJONES General Manager Kylie Walsh was frustrated with continuously watching parents sitting on the floor outside of public toilets trying to feed and change their babies, so a few years…
Read More » -
Real Estate News
Housing affordability improves while rental affordability declines: REIA
Housing affordability marginally improved across the country in the March quarter of 2019 with the exception of the Northern Territory, according to research from the Real Estate Institute of Australia and Adelaide Bank. REIA President Adrian Kelly said the March quarter 2019 edition of the Adelaide Bank/REIA Housing Affordability Report found New South Wales had the largest improvement in housing…
Read More » -
Real Estate News
Richard Shalhoub returns to McGrath
Prestige agent Richard Shalhoub is to return to McGrath after the company announced it has entered into an agreement to acquire Mr Shalhoub’s business and assets in Sydney’s CBD and northern CBD harbourfront market. The total consideration is expected to be approximately $1.6 million and will be settled in cash, with the binding agreement expected to be completed in early…
Read More » -
Real Estate News
Stanton Hillier Parker relaunches Australian real estate arm
Stanton Hillier Parker has announced it will re-open its real estate arm in Australia. The business will be under the guidance of new management, offering boutique property advisory services to a diversified range of clients Australia-wide. Stanton Hillier Parker was originally formed via the merger of Hillier Parker, first established in 1896 in the United Kingdom, and Stanton & Sons…
Read More » -
Real Estate News
UniLodge signs with Cohort Go to simplify student accommodation payments
International edtech company Cohort Go has partnered with UniLodge Australia to roll out custom-built payments software that will make it easier for students to pay for their accommodation. UniLodge, a specialist accommodation provider for universities, colleges and TAFEs, manages over 70 properties across Australia. The partnership enables UniLodge to eliminate manual reconciliation of fortnightly student payment records, thanks to the…
Read More » -
INDUSTRY NEWS
RBA cuts cash rate to 1.25 per cent – industry reacts
In what was a widely expected move, the Reserve Bank of Australia has cut the cash rate to an all-time low of 1.25 per cent. At their monthly meeting on June 4, the Board elected to lower the cash rate by 25 basis points, explaining the decision was aimed at supporting employment growth and providing greater confidence that inflation would…
Read More » -
Real Estate News
Queensland wins LJ Hooker ‘Real Estate of Origin’
As the Blues and Maroons prepare to don their jerseys and take to the field in Brisbane, Queensland has already been declared the victor in the LJ Hooker ‘Real Estate of Origin’. Head of Research, Mathew Tiller analysed the property market data from both states to compile the battle for open homes and auctions between QLD and NSW, and found…
Read More » -
Real Estate News
Sales activity falls in all Australian regions: CoreLogic
The latest CoreLogic Regional Report reveals challenging property market performance across Australia’s regions, with falling sales activity in the 12 months to February 2019. Commenting on the regional report findings, CoreLogic research analyst Cameron Kusher said: “The regional markets are taking their lead from the capital cities, with the annual rate of value growth winding down across most regions. While…
Read More » -
Real Estate News
Hamish Mill wins 2019 Domain Golden Gavel Award
The Society of Auctioneers & Appraisers has recognised the best auctioneers and appraisers in South Australia at the Domain Golden Gavel Awards. Held in Adelaide, the night saw the organisation present awards for categories such as ‘Top Real Estate Auctioneer’ and ‘Top Principal Auction Marketer’. Among the list of winners was Harcourts Williams sales consultant and auctioneer Hamish Mill who…
Read More »