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INDUSTRY NEWS
Top performers take centre stage at RE/MAX forum
Each year RE/MAX Australia and RE/MAX New Zealand invite their top performers to participate in a forum of shared knowledge and experiences. 50 RE/MAX members gathered in Tropical North Queensland in June for networking, learning and entertainment, bundled with a good dose of fun, all planned around the theme of leadership. RE/MAX Australia and RE/MAX New Zealand Managing Director, Michael…
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FRANCHISE NEWS
OBrien Real Estate officially launches charitable foundation
OBrien Real Estate have officially launched the OBrien Real Estate Foundation. The foundation has already raised over $110,000 to change the lives of people living with MND. The foundation raises funds by holding international experience based awareness campaigns, as well as a range of smaller more regular events that include Golf Days, Ladies Days, OBRE weekend community pop-ups, Charity Auctions and…
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FRANCHISE NEWS
WA agent finds a new role with Ray White
Vivien Yap is thrilled to welcome Lee Fitzgerald, who will be coming on board at Ray White Dalkeith | Claremont as a general manager. Ms Fitzgerald, who has established a strong profile in Perth’s western suburbs, joined the team today. “Lee will bring a wealth of experience in leadership, staff management and property management,” Ms Yap said. “We are ecstatic…
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INDUSTRY NEWS
Values continues to trend lower in June as investor activity continues to fall
CoreLogic has released its June home value index results which show, at a national level, values fell for the ninth consecutive month in June, taking national dwelling values 1.3 per cent below their September 2017 peak. The results revealed that Australian dwelling values tracked lower in June, down 0.2 per cent over the month to be 0.8 per cent lower…
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FRANCHISE NEWS
Prestigious property agency relaunches with new name
Slavko Romic and Anthony Moore are thrilled to announce today the relaunch of their prestige property agency RomicMoore Property. The dynamic duo have provided exceptional service to the eastern suburbs area for over 12 years. The rebrand to RomicMoore Property will see the agency move to an independent structure. It will also enable them to spread their area of service…
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FRANCHISE NEWS
Victorian top agent partners with Harcourts
Anna Du, one of Victoria’s top performing real estate sales consultants has joined forces with Harcourts Judd White, located in Glen Waverley. She has more than 11 years’ experience selling properties throughout the region. “Having someone of Anna’s calibre join our team is really exciting,” said Dexter Prack, co-owner of Harcourts Judd White. “Not only is she an experienced professional,…
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FRANCHISE NEWS
Laing+Simmons welcomes Hunters Hill to the family
Laing+Simmons Hunters Hill joins the boutique network this week under the experienced local leadership of Richard Pickton. The team will provide a comprehensive suite of real estate services to the local community, drawing on a combined wealth of local experience which runs into the decades. “The real estate market locally is going through an interesting new phase where buyers are understandably…
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FRANCHISE NEWS
Rockstars and politicians head the lineup at Ray White’s Connect 2018
This year’s Connect 2018 conference is shaping up to be bigger and better than ever. Up to 3000 agents and brokers are expected to arrive on the Gold Coast for Connect 2018 on August 13 and 14, bringing together the strength of the White family businesses of Ray White, Loan Market, Wealth Market, Home Now, Living Here, White & Partners…
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FRANCHISE NEWS
Elders to open three new offices in July
The Queensland additions includes Toogoom and Northern Beaches offices, while in South Australia the service offering will increase on the Yorke Peninsula, with new franchise locations in Ardrossan and Port Vincent. Elders Real Estate Toogoom and Northern Beaches The new office in Queensland increases Elders’ presence in the sunshine state to 107 locations. High profile agents and experienced agency operators…
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INDUSTRY NEWS
Actor takes out 2018 REINSW Novice Auctioneers Competition
An actor hoping to break into auctioneering won the final of the 2018 REINSW Novice Auctioneers Competition last night. REINSW President Leanne Pilkington said the Novice Auctioneers Competition raised more than $25,000 for suicide prevention awareness charity, R U OK. “The 2018 Novice Auctioneers competition was a great success with more than 30 auctioneers battling it out over the course…
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FRANCHISE NEWS
Established regional agent brings The Agency to the Hunter Valley
The Agency is further expanding its reach into NSW with established regional agent Charlie Lund and her team joining The Agency. “Charlie Lund and her team have been running an extremely successful and highly regarded real estate business in the Hunter Valley region for over a decade,” Matt Lahood, CEO of The Agency, said. “Charlie is a passionate local resident…
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FRANCHISE NEWS
Well known local real estate agents launch new agency in Canberra
Established real estate agents Brett Hayman and Shane Killalea, along with business partner Sue Killalea, are launching a new real estate brand with big vision. Hayman Partners is the brainchild of the trio who have been business partners for 11 years within the limitations of a franchise network. The new brand aims to be agile in all services with an…
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FRANCHISE NEWS
Laing+Simmons Liverpool lends a helping hand
Not-for-profit disability service provider Northcott will host Australia’s Biggest Morning Tea tomorrow and Laing+Simmons Liverpool will be raising a mug in support. Laing+Simmons Liverpool has taken the lead in organising the morning tea event for Northcott and has also attracted major sponsorships from the likes of Domain and Campaigntrack. It’s part of a larger commitment to working with Northcott that…
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INDUSTRY NEWS
Stamp Duty Revenue Hits New Record
“Australian homebuyers paid out over $21 billion in stamp duty to state governments during the 2017/18 financial year – and the total cost of the tax is expected to get even bigger over the next few years,” explained HIA Senior Economist, Shane Garrett. HIA’s Stamp Duty Watch report, released today, reviews the latest developments around stamp duty across Australia’s eight…
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FRANCHISE NEWS
@realty moves offices to expand business
National real estate network @realty, which has recruited 500-plus agents in four years and sold $861 million in property last year, is set to make the move to 50 Cavill Avenue in Surfers Paradise to further expand its business. @realty currently leases 185sqm in the Surfers Paradise Gateway building on Appel Street, but from October 1 will more than double…
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FRANCHISE NEWS
Realmark combine community and property
Realmark has successfully combined an online property marketing strategy by helping raise funds and awareness for a great local charity. Realmark Agent, Paul Tonich teamed up with close friend and client Assunta Meleca, founder of Racing for MNDi, to help pull the spotlight onto her campaign which stands for Motor Neurone Disease inherited. Realmark has always encouraged local engagement within…
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INDUSTRY NEWS
New report shows foreign buyer taxes on the decline worldwide
According to a new Juwai.com report the world will see fewer new foreign buyer restrictions imposed in top Chinese property destinations in the year ahead than in any of the prior three years. The Foreign Buyer Restrictions Report 2018-19 points out that Canada’s two largest provinces, six of Australia’s eight states and territories, and Australia’s national government have all increased…
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INDUSTRY NEWS
New report reveals first home buyer hotspots
Domain has released its First Home Buyers Report, revealing the locations offering the quickest path to purchase (based on time to save a 20 per cent deposit) and the lowest entry prices for first home buyers across Australia’s capital cities. “The report aims to make it easier for home hunters to determine the areas that offer the most promise based…
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INDUSTRY NEWS
Virtual tour startup teams up with realestate.com.au
As technology changes the face of the real estate industry, buyers and renters begin to expect added extras on their listings. Enter virtual tours, allowing customers to experience property in a new way, all from the comfort of their living rooms. Currently only three per cent of all listings offer a virtual tour option, whereas Virtual Tours Creator (VTC) founder…
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INDUSTRY NEWS
Federal budget changes to soften property market: MCG
The latest Federal Budget changes to depreciation rules have halved new investor benefits resulting in ongoing consequences for already softening property markets, according to analysis by MCG Quantity Surveyors. A comprehensive study of tax depreciation schedules by MCG revealed the results of depreciation benefits being slashed in the 2017 Federal Budget. MCG’s report found the average first-year claim for properties…
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INDUSTRY NEWS
Real estate trailblazer Di Jones passes away
Real estate industry pioneer Diane Lenore Jones passed away on Saturday surrounded by family. Di Jones CEO Rob Ward paid tribute to Di Jones, who opened her first agency in Woollahra in 1992 and played an active role as brand ambassador until her death. “Di Jones was a remarkable and generous woman who was an inspiration to many,” he said.…
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INDUSTRY NEWS
C21 marks global rebrand with largest marketing campaign in brand its history
Century 21 Australasia will launch the largest and most aggressive marketing campaign in its history this July. Outlined at the network’s annual convention on Hamilton Island this month, the seven figure marketing spend will leverage television, cinema, social media, billboards, public relations and events to promote the group’s new brand repositioning, message and vision for the future. The campaign comes…
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FRANCHISE NEWS
Domain announced as Cricket Australia Platinum Partner
Domain and Cricket Australia today announced a four-year Platinum Partnership. Domain will be the Presenting Partner of Men’s Test Cricket over four years, which includes the next Ashes to be hosted in Australia, and will become the Official Real Estate Partner of Cricket Australia. Domain and Cricket Australia enter the partnership as the national game moves into a highly anticipated…
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INDUSTRY NEWS
Ray White agents master customer experience at Super Sales Day
The underlying fundamentals of the Sydney housing market remain strong and agents have every reason to be optimistic but they need to change as their customers have changed, according to social researcher Mark McCrindle. Mr McCrindle of McCrindle Research reminded more than 300 Ray White agents at the group’s Super Sales Day – The Modern Customer last week, that they…
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FRANCHISE NEWS
NGU targets Brisbane’s eastern suburbs with eighth office opening
NGU Real Estate is continuing its swift expansion with the launch of its eighth office, based in Brisbane’s bayside suburb of Capalaba. Ben and Katreena Stanton have rebranded their Freedom Property and Get Rented Bayside businesses to form NGU Real Estate Capalaba. “The NGU Real Estate model aligned with the direction we wanted to take with our company,” Mr Stanton…
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INDUSTRY NEWS
Top agents head to Melbourne for Ray White industry event
Agents from all over Australia this week attended an industry function in Melbourne hosted by the leading property group Ray White. More than 100 real estate agents from many different brands – both boutique and other franchise groups – travelled from Adelaide, Perth, Brisbane, Sydney and across Melbourne to compare notes on their markets and performance amid the backdrop of…
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FRANCHISE NEWS
Bribie Island office gets RE/MAX Advanced refurbishment
Victoria Nicholson, a well-known and respected name in real estate, has completely refurbished her office on Bribie Island in Queensland to be reimaged as RE/MAX Advanced, with a new direction through growth in response to demand from the market. “Our new name reflects who and what we are,” said Ms Nicholson. “We are forward looking, and advanced in our philosophy,…
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Real Estate News
Small deposit loans hit historic low as credit crunch sets in
New data out today shows banks have officially put the brakes on risky home buyers as the value of small deposit loans hits a record low. APRA’s quarterly property exposures statistics released today show that the value of new mortgages written in the March quarter with a loan-to-value ratio of more than 90 per cent have sunk to $5.79 billion…
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INDUSTRY NEWS
Adam Piller wins 2018 REIWA Auctioneering Championships
REIWA’s annual Gift of the Gavel Auctioneering Championships concluded yesterday, with Adam Piller from Caporn Young Estate Agents taking out first place. REIWA CEO Neville Pozzi said the Auctioneering Championships showcased WA’s talent in the auction space. “While auctions remain a niche segment of the Western Australian sales market, they are becoming increasingly popular with sellers who are wanting their…
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INDUSTRY NEWS
How footy preferences are driving migration choices
It might be hard to believe, but your footy code preference may well influence where you end up living, according to new research by property market analysts Propertyology. The market research firm and award-winning buyers’ agency analysed interstate migration trends over the past 20 years and found a significant correlation depending on whether you are a rugby league or an…
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FRANCHISE NEWS
Raine & Horne continues global expansion with third office in Fiji
Leading Australian property group Raine & Horne is escalating its worldwide expansion with the opening of a third office in Fiji in less than 12 months. Raine & Horne Fiji directors, CJ Shergill, Sanjay Krishnan and Aveet Goundar, launched offices in Lautoka and Nadi in July 2017. “Since joining the network, the Fiji team have gone from strength to strength…
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FRANCHISE NEWS
Award winning agent Jeff Anderson joins @realty
Award-winning real estate agent and avid football fan Jeff Anderson is switching teams to kick goals for fast-growing national real estate network @realty, which has recruited 500 agents in the past four years. Mr Anderson, who was managing director of an agency in Carnegie and has conducted more than 4,000 successful auctions in his 34 years in real estate, is…
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FRANCHISE NEWS
Boutique real estate brand poised to take over Victoria with new acquisition
Multi-award-winning sales agent Adam Joske has joined Belle Property as Head of Victoria & High Performance Coach and Trainer – a major acquisition which positions the boutique brand to break into the competitive residential real estate market in Victoria. “Acquiring Adam to the team is one of the biggest acquisitions for Belle Property in recent years. He has an incredible…
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INDUSTRY NEWS
New research identifies next suburbs to gentrify
New research released by the Property Investment Professionals of Australia (PIPA) has revealed the next city suburbs set to gentrify. The research, by PIPA chairman Peter Koulizos, looked for similar signs that could help homebuyers and investors pick the next suburbs to gentrify. Mr Koulizos said the research will help homebuyers and investors maximise their capital growth potential by purchasing…
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INDUSTRY NEWS
Industry body looks to split real estate profession
The Real Estate Institute of Australia (REIA) has declared it will split the industry with its latest move, as it forges forwards with its Pathway to Professionalism plans. REIA President Malcolm Gunning announced this morning that the REIA has applied to the Professional Standards Authority for admission as a profession. “The Authority is an independent statutory body established with specific…
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