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Real Estate News
Leading Ayr real estate firm chooses Raine & Horne to support rapid growth
Anderson Real Estate of Ayr in North Queensland has partnered with Raine & Horne in a bid to take the growing operation to the next level. Established in 2013, Anderson Real Estate is an independent property management business run by former financial planner Peter Andersen, his wife Nora and their daughter Laura. “We have grown our property management business both…
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Real Estate News
Leasing activity up 13 per cent in May: REIWA
New reiwa.com rental data has revealed Perth tenant activity increased 13 per cent in May, with 4,316 properties leased during the month. REIWA Deputy President Lisa Joyce said activity in the Perth rental market had enjoyed a strong rebound this month, following a more subdued April. “In May, the suburbs that saw the biggest spike in leasing activity were Warnbro,…
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Real Estate News
Ray White has a new office at Sydney’s Ramsgate Beach
The Ray White Group has welcomed the expansion of the Brighton-Le-Sands team, with a new office now open at Ramsgate. Principals Peter Tsekenis and Elia Economou welcomed the office opening, noting an increased southern Sydney footprint had been their goal in recent years. “For at least the last three to four years we were planning to expand the business. Our…
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Real Estate News
Housing downturn losing steam: CoreLogic
The CoreLogic May 2019 home value index results have shown national dwelling values were down 0.4 per cent, the smallest month-on-month decline since May 2018. Although at a broad level dwelling values are still trending lower across the regions of Australia, the pace of declines eased further in May, continuing a trend that has been evident since the beginning of…
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Real Estate News
End to part-time work for commission-only employees
Part-time commission-only real estate employment is set to be phased out following a recent decision from the Fair Work Commission (FWC). What has changed? Senior Employment Relations Adviser from Employsure, Sophie Joselyn said the Real Estate Industry Award 2010 was thrown into the spotlight during the FWC’s four-year review, which ruled that part-time commission-only employment was ‘neither useful nor relevant’.…
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Real Estate News
REIQ hits the road for the ‘Real Tour’
The Real Estate Institute of Queensland (REIQ) is set to hit the road with an educational road-trip tour around regional Queensland. The ‘Real Tour’ is a day-long program of entertaining, educational sessions, closing with a fun networking session with all of the speakers. REIQ CEO Antonia Mercorella said the road trip was designed to bring the best of the REIQ…
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Real Estate News
Harcourts announces top national performers
Harcourts Group Australia capped off its annual conference with a black-tie awards gala to celebrate top performers in residential and commercial sales, property management and business achievements. Julianna Forsyth Baker received the company’s top accolade by being inducted into the Harcourts Hall of Fame. Harcourts Group Australia CEO Marcus Williams expressed his pride in the network for their work over…
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Real Estate News
Stone Real Estate debuts in Ballarat
Stone Real Estate has opened an office in Ballarat, Victoria with two well-known locals, Jarrod Cloke and Samantha Prince. Jarrod said Stone’s fresh modern brand is a perfect fit for the Ballarat property market. “This town is attracting so much interest from both buyers and investors that a sophisticated boutique agency like Stone is exactly what it needs,” he said.…
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Real Estate News
LJ Hooker Avnu expands to Sydney’s Northern Districts
LJ Hooker Avnu has announced its expansion into Sydney’s Northern Districts with the appointment of agent Benjamin Mulae and his team. Benjamin said he was attracted to LJ Hooker Avnu because of the efficiencies it will bring to him and his team. Joining Benjamin will be his associate agents Angie Wong and Martika Whitfield. “At Avnu my team will be…
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Real Estate News
First National recognises more young leaders
First National Real Estate has recognised four more young Australians for their community leadership by presenting them with the First National Real Estate Leadership & Innovation Awards through the 2019 Seven News Young Achiever Awards. The winners announced across four states at separate awards functions included: Victoria – Yasmin Poole, 20, of Williamstown (First National Leadership Award) Yasmin is the…
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Real Estate News
Raine & Horne welcome Newcastle mega-office
Raine & Horne has welcomed three independent Newcastle offices in Mayfield, Wallsend and New Lambton. In combination, the three offices have sold 6,000 properties since 2001. Raine & Horne Executive Chairman Angus Raine said the Newcastle mega-office is also one of the region’s foremost property managers, managing 1,500 rental properties. “Strategically, the Hunter is among our fastest growing regional growth…
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Real Estate News
Belle Property launches in Cronulla with family-run team
Belle Property has launched into Cronulla, opening a new office under the leadership of veteran agent and Principal, Frank Sotto. Frank has worked in real estate for many years across various brands, and takes on this new role alongside his wife and son. “When we moved to the Shire, we realised we needed to be providing a higher level of…
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Elite Agent
Lessons from Purplebricks: A New Zealand perspective
After two-and-a-half years of trading in Australia, the UK-based real estate start-up Purplebricks announced on 7 May this year that it was exiting the market. There is a lesson here for the real estate industry generally, and not just in Australia. It’s a lesson in real estate modelling. Take notice of what happens when the discount model comes to play…
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Real Estate News
Buxton Hampton East welcomes return of Alex Spanidis
The return of Alex Spanidis has strengthened the team at Buxton Hampton East. Having previously worked at the office for 13 years, Alex is a distinguished agent and auctioneer with almost 20 years experience, particularly in Melbourne’s bayside suburbs. Buxton Hampton East Director Adam Gillon said the office is thrilled to be welcoming him back to what is already an exceptional team.…
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Real Estate News
Barry Plant boosts regional expansion with Benalla office
The Barry Plant Group has expanded to the regional town of Benalla after signing an agreement with local Director and agent, Brenda Letson. Brenda said she chose to join the Barry Plant Group because of their commitment to an optimum client experience and long-term client relationships. “They also have an extensive training program across all aspects of real estate which…
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Real Estate News
New leadership for Savills Project Management
Savills Australia has announced the appointment of Ken Ng as new National Head to lead its Project Management division. Ken is charged with the position after 15 years with Savills, having joined the team as a Project Director in 2010 when the business acquired Incoll. He was appointed to Queensland State Director in 2015 and Savills Australia CEO Paul Craig said…
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Real Estate News
RE/MAX Principal sheds locks for cancer foundation
RE/MAX ‘Go For Sold’ owner Pamela Lee Burge has graciously sacrificed her locks in the name of a good cause. Based in Palmerston North in New Zealand, Mrs Lee Burge had her head shaved by local radio personality ‘Burnzee’ at the RE/MAX Go For Sold’s fourth annual Pink Ribbon Breakfast for Breast Cancer Foundation New Zealand on May 25. When…
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Real Estate News
Colliers International appoints new leader for Western Sydney growth
Colliers International has appointed market leading commercial real estate expert Frank Oliveri to lead its ambitious growth plans in Western Sydney. Mr Oliveri joins Colliers International from CBRE, where he was the Managing Director for the Western Sydney, North Sydney, and South Sydney offices. He has spent the past 11 years specialising in investment sales within the Western Sydney and…
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Real Estate News
Finalists for national property management awards announced
The nation’s top property managers have been revealed, with 60 contenders listed as finalists in the PPM National Property Management Awards. The awards are renowned as the property management sector’s ‘night of nights’ and this year’s event will take place on 23 June on the Gold coast, in conjunction with the PPM Group’s National Property Management Conference. More than 120…
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Real Estate News
Agents safer in the field thanks to ground-breaking technology
Fully integrating workforces in the field with head office management and keeping tabs on vehicles and assets has always been problematic. Inputting operational field data into IT systems has been mired by the lack of real-time information, often being reliant on paper forms and regular data entry. It also comes with problems like non-compliance, inaccuracies, and week-long delays, leaving management…
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Real Estate News
Five suburbs set to lead Sydney price rises
Analysis by a Sydney buyer’s agent has revealed five leading-indicator suburbs set to be at the forefront of price gains during the city’s next growth cycle. Principal and buyer’s agent at Buyers Domain, Nick Viner, said by studying the data and applying on-the-ground knowledge, he has identified locations he considers beacons of overall price rises. “The facts are that certain…
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Real Estate News
One Agency reports strong start to 2019
Sydney-based Trans-Tasman network, One Agency, has reported a strong start to the year, already adding a dozen new members to the network with more on the way. CEO and Founder Paul Davies said the group continued to attract former franchised offices seeking a less constrained, more cost-efficient environment. “In both New Zealand and Australia we are also seeing a number…
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Real Estate News
Newly opened Ray White Mascot welcomes Jamie Van Le
Well-known Sydney agent and Transform 2016 participant, Jamie Van Le, has joined the team at Ray White Mascot. Mr Van Le said he was excited to join the newly opened Ray White business, which is owned by William Ho. “There are many fantastic Ray White agents across Sydney, and I am looking forward to bringing the same level of service…
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Real Estate News
REIWA supports Western Australians sleeping rough
The Real Estate Institute of Western Australia (REIWA) is working with the Salvation Army in support of the charity’s 2019 Sleeping Bag Appeal. The annual initiative provides warm sleeping bags and blankets for those doing it tough on the streets of WA and REIWA has been involved with the appeal for the past five years. “Most of us take for…
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Real Estate News
REISA unveils plans for 2020 and beyond
The Real Estate Industry of South Australia (REISA) has revealed a future focus on technology will be a major part of its centenary review. Last week REISA announced the review as part of its 100-year celebrations, with REISA President Brett Roenfeldt OAM later noting technology would be the body’s main focus. “The world is changing faster with less predictability and…
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Real Estate News
New software solution launched with Jeffery Gray as CEO
Jeffery Gray has been appointed the CEO of a new end-to-end real estate software solution called Propic. Mr Gray has previously worked with companies such as Dexar Group and will now work alongside Propic COO Peter Hutchison, leading a team of 40 with offices in Sydney and Melbourne. In a statement, the company noted that to date, Software as a…
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Real Estate News
First National Real Estate honours top achievers at General Excellence and Marketing Awards
First National Real Estate’s highest achievers have been recognised at the General Excellence and Marketing Awards held at Singapore’s Flower Dome. The black-tie awards dinner brought recognition to the network’s top 2018 salespeople, property managers and administrators, attracting more than 300 delegates from Australia, New Zealand and the South Pacific. The event capped off a year of strategic technology and…
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Real Estate News
Prudential Real Estate re-imagine their franchise model
Prudential Real Estate in south west Sydney have announced the launch of a new franchise model offering for first-time and established real estate business owners. The company says the offering has been designed to equip participating agents with resources, mentoring and business acumen by providing tailored solutions for those wanting to grow their core business but have financial, time or…
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Real Estate News
Queensland Sotheby’s International Real Estate welcomes Veronika Princeton-Hall
Queensland Sotheby’s International Realty has expanded its presence in southeast Queensland with the recruitment of Senior Sales Executive Veronika Princeton-Hall. Ms Princeton-Hall boasts over 17 years experience in both the Brisbane and Gold Coast regions. Queensland Sotheby’s International Realty CEO Paul Arthur said the addition of Ms Princeton-Hall was instrumental in the company’s goals for growth. “Veronika brings such a…
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Real Estate News
Agent Brigitte Blackman returns to BresicWhitney
After six years away, Brigitte Blackman has returned to property group BresicWhitney, alongside Amber Riethmuller. Ms Blackman has spent 20 years in the industry and spoke of the importance of having the right people in your team in a changing market. “It’s inspiring to know you can come back into an office with renewed energy, working with Ivan Bresic, Shannan…
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INDUSTRY NEWS
Luke Banitsiotis claims auctioneer title for second consecutive year
Luke Banitsiotis of Woodards Blackburn has won the title of 2019 REIV Senior Auctioneer of the Year for the second year in a row. Organised by the Real Estate Institute of Victoria (REIV), the Senior Auctioneer of the Year Competition is a two-day event, testing auctioneers on their knowledge of best practice and legislation. It also tests their performance in a…
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Real Estate News
Property Exchange Australia recognises leaders in digital property settlement
The annual PropertyX Awards, presented by Property Exchange Australia (PEXA), have recognised some of the best digital property settlement players in Australia. Now in its second year, the event saw property developers, conveyancers, lawyers and lenders come together to celebrate businesses leading the digitisation of property settlements. Awards were given to businesses that have demonstrated leadership, innovation and customer-centricity in…
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Real Estate News
Median house price rise in Darwin: Raine & Horne
Upgraders in the Northern Territory are driving up Darwin’s median house price. Raine & Horne Darwin reports inner Darwin suburbs such as Moil, The Narrows, Wagaman, and Alawa are attracting Darwin upgraders looking for proximity to the city’s beaches but at a discount to prices expected for waterfronts in Fannie Bay and Nightcliff. “There was a fall in Darwin’s sales…
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Real Estate News
New look for Ray White Whitsunday
Ray White Whitsunday Principal Mark Beale has strapped on his tool belt to give his office front reception a renovation. “We have been in the new office here now for nearly four years and it was time to update the entire branding of the office both internally and externally,” Mr Beale said. “Our reception area was very clinical, bare, very…
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Real Estate News
Stone Real Estate Seaforth expands with local husband and wife team
Stone Real Estate in Seaforth is enjoying an expansion, welcoming highly experienced local agents Andrew and Melissah White to their team. Both Mr and Mrs White have significant experience in the industry, and previously owned Ray White Balgowlah. Mrs White has been in the industry almost two decades, while Mr White is described as an industry veteran and is also…
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