News Room

If you have any news for the Real Estate industry - whether you are a professional or a supplier to the industry, please email us: newsroom@eliteagent.com
  • FRANCHISE NEWS

    Lower North Shore agency wins office design award

    A Lower North Shore real estate agency has won acclaim from the design fraternity for an architectural vision that has set a new benchmark for customer experience. LJ Hooker Willoughby | Artarmon has won Silver in the Commercial category of the prestigious 2018 Sydney Design Awards for the design of their office on Mowbray Road, Willoughby. The panel of judges…

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  • INDUSTRY NEWSelite agent news room

    Smart Cities Week heading to Australia in October

    How can data analytics enhance social wellbeing? How can Australia capitalise on the future of 5G? Where does the potential for PropTech lie? These are just three of the topics on offer at Australia’s first Smart Cities Week, heading to Sydney on 29-31 October 2018. The global Smart Cities Council team today released the program for Smart Cities Week Australia,…

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  • FRANCHISE NEWS

    Savills retains Building Consultancy Team of the Year title for sixth year

    Savills Project Management QLD have retained their title as Building Consultancy Team of the Year for the sixth year in a row, after taking out the award at the 2018 RICS Oceania Commercial Property Awards. Led by National Director – Retail, Andrew Hogg, the Savills QLD Project Management team were awarded for their outstanding efforts in managing QIC’s Grand Central…

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  • INDUSTRY NEWSelite agent news room

    Zillow appoints first President in executive shuffle

    Former Group Marketing Officer Jeremy Wacksman has been appointed President of Zillow after nine years with the company, making him the first person to hold the title. Mr Wacksman will oversee the entire Zillow brand, and continue to control the Zillow Group marketing in his role. In addition to this, he’ll be adopting the strategy, product development and engineering teams…

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  • INDUSTRY NEWSelite agent news room

    Victorian Residential Efficiency Scorecard looks to commercialisation

    The Victorian Residential Efficiency Scorecard is a voluntary report allowing Victorian homeowners to measure their home on an eco-scale. Although the report is currently voluntary, in response to stakeholder feedback the Department of Environment, Land, Water and Planning is exploring possible commercialisation opportunities for the product. The idea behind possible commercialisation stems from the idea of pushing the report into…

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  • INDUSTRY NEWSelite agent news room

    IBISWorld predict growth for service-based franchises

    Off the back of the recent parliamentary inquiry into the Australian franchising sector, industry research organisation IBISWorld has found that the future of franchising is not as ominous as it seems, with demand growth projected for service-based franchises. The Franchising industry’s complexion has changed dramatically over the past decade. Where once the industry was known for its prosperity, the franchising…

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  • INDUSTRY NEWSelite agent news room

    Industry reacts to new ABS data showing continued housing finance falls

    ABS housing finance figures show a continued fall in home loan lending as the fallout from the banking Royal Commission sets in. ABS data released today shows a 0.9 per cent drop in investor lending and an 0.2 per cent in all lending from the previous month, according to the seasonally adjusted figures from the ABS. While these falls are…

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  • INDUSTRY NEWS

    Harcourts experiences substantial growth in US market

    Despite just three years of operations in the US, Harcourts has seen significant growth in the region, under complex market conditions. Over the past 12 months, the US business has opened two new offices in Southern California, innovated their Harcourts Academy training, and continue to grow their non-distressed auction platform. Overall, agent numbers have drastically increased in this past year…

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  • INDUSTRY NEWSelite agent news room

    Melbourne dominates population and residential hotspots in latest HIA report

    HIA has revealed Australia’s strongest markets for home building in their HIA Population & Residential Building Hotspots report for 2018. “Melbourne has dominated this year’s report, with 12 of Australia’s top 20 building growth areas all located around Victoria’s capital,” said HIA’s Senior Economist, Shane Garrett. “According to the HIA Population & Residential Building Hotspots Report 2018, the Mickleham-Yuroke area…

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  • INDUSTRY NEWSelite agent news room

    The Agency continues its expansion in Western Australian with acquisition

    The Agency has acquired Inglewood Estate Agency, further expanding its reach in the Western Australian property market. Through this acquisition, the network has added a portfolio of approximately 80 properties to its property management arm. Inglewood Estate Agency Principal, Mark Jewell, will also come across to join the team. Established in 1960, Inglewood Real Estate was a longstanding family business…

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  • INDUSTRY NEWS

    Submissions now open for the Annual REA Excellence Awards

    Submissions are now open for the Annual REA Excellence Awards (AREAs), which celebrate excellence in the property and media industries. To be held on 15 November 2018 in Sydney, the AREAs will again honour the most innovative, community-minded and highest-achieving individuals and businesses across property and media. This year, three new Gold AREAs awards have been introduced to further recognise…

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  • FRANCHISE NEWS

    Harcourts NZ wins Readers Digest award

    Reader’s Digest New Zealand has announced its Most Trusted brands for 2018, and Harcourts for it’s sixth consecutive year has been voted Harcourts their Most Trusted real estate brand. Harcourts New Zealand CEO Chris Kennedy says the support and faith New Zealanders continue to put into the company is humbling. “To be named the Most Trusted real estate brand for six years…

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  • FRANCHISE NEWSelite agent news room

    CBRE team donates $20,000 to Dockers’ MND cause

    The Melbourne City Sales team of Australia’s biggest commercial property agency, CBRE, has made a generous $20,000 donation to support Fremantle Football Club and coach Ross Lyon’s participation in the MND Big Freeze event this weekend at the MCG. CBRE National Director and head of the sales team, Mark Wizel, said his team was honored to make a contribution to…

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  • FRANCHISE NEWS

    RE/MAX Elevate launches, powered by mother and son team

    Darren Lewis-Date and Sue Lewis-Date celebrated the launch of RE/MAX Elevate on 1st June, the first real estate business to be co-owned by this Brisbane mother and son team. The two broker owners have extensive real estate experience, particularly in their local market of Tarragindi and surrounding suburbs. Mr Lewis-Date has been a successful local agent for 15 years while…

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  • INDUSTRY NEWS

    Hervey Bay agent joins @realty in booming market

    Hervey Bay agent Joseph Weger has joined the team at @realty as the Fraser Coast property market hits a ten year high. New data shows 2017 was the region’s best year for house sales since 2008. Figures from the Queensland Government Statistician’s Office show 2,236 home sales (excluding apartments and townhomes) were made in the 2017 calendar year – almost 70…

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  • INDUSTRY NEWS

    Harcourts Australia names 2018 Hall of Fame inductees

    During a gala black-tie evening, Harcourts International inducted Lisa and Ben Bernacki of Harcourts Alliance (WA) into the Harcourts Hall of Fame. Mr and Mrs Bernacki join a list of select real estate professionals recognised with the highest accolade in the Harcourts network. “To be awarded a place in the Hall of Fame amongst the very people that inspire us…

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  • INDUSTRY NEWS

    Harcourts Group Australia National Awards announced

    Major real estate franchise group, Harcourts Group Australia, held its annual conference from May 28-30 at The Star Casino, on the Gold Coast. Kicking off the group’s pinnacle event was ARIA award winning artist Guy Sebastian, in a surprise concert for over 700 conference delegates. Their annual conference is a combination of learning, presentations and announcements from a selection of…

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  • FRANCHISE NEWS

    Barry Plant CEO takes on sharks for charity

    Mike McCarthy, CEO and Director of the Barry Plant Group, is diving with the sharks this Friday to raise funds for HeartKids, an organisation that supports children (and their families) affected by congenital/childhood heart disease. As part of their annual Super Boss fundraising initiative, HeartKids have organised an event where a range of industry CEO’s dive with the sharks at…

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  • FRANCHISE NEWS

    NSW property market sees out autumn with a spring in its step

    Prestige property markets around New South Wales defied the real estate doomsayers by producing some record sales in the last weeks of autumn. “We are running in to winter on the back of some excellent end-of-autumn sales,” said Angus Raine, Executive Chairman Raine & Horne. “Interestingly, we’re seeing activity in the middle and prestige markets, while the markets below $1…

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  • INDUSTRY NEWS

    June 2018: Interest rates on hold, Industry reaction

    At its meeting yesterday (5th June 2018), the RBA Board decided to leave the cash rate unchanged at 1.50 per cent for its 20th consecutive meeting. REA GROUP “The economy still isn’t growing fast enough to warrant an increase,” says REA Group Chief Economist Nerida Conisbee. “The issue is consumer confidence. While businesses are feeling far more confident, this is…

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  • FRANCHISE NEWS

    Anh Do and Sally Pearson to help celebrate 135 years of Raine & Horne

    Leading international property group, Raine & Horne will host a star-spangled cast of guest speakers including super athlete Sally Pearson at its 2018 International Conference to be held on the Gold Coast in July. The event to be held at the Star Gold Coast from Sunday 22 – Tuesday 24 July and will double as a booming celebration for the…

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  • FRANCHISE NEWS

    Ray White ‘powers up’ property managers

    Customer service is the key to long lasting success from every transaction, or interaction, members have with clients, according to Ray White. Ray White head of property management Emily Sim said “customer service is our core message now more than ever before”. Ms Sim and her team have just concluded a series of national training and networking sessions for property…

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  • FRANCHISE NEWS

    Independent joins Raine & Horne to tap Queensland population growth

    A boom in property buyers and investors from Sydney and Melbourne has influenced an independent property firm in Brisbane’s Redland City region to switch to leading global network Raine & Horne. “Queensland’s population is projected to reach 5 million this month, according to the Australian Bureau of Statistics,” says Stephen Anderson, Co-Principal of Raine & Horne Birkdale, which launched this…

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  • FRANCHISE NEWS

    Ray White agent accelerates career in Queensland

    Ray White Runaway Bay sales and marketing consultant Mitchell Booth is a star in the making. The 20-year-old recently graduated top of class in Ray White Queensland’s Accelerate program. Completed over three months, the training and coaching platform is for all new Ray White Queensland members regardless of their level of industry experience. Ray White Queensland Business Development Executive Candice…

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  • INDUSTRY NEWS

    Online property exchange platform PEXA sees dramatic rise in exchange transactions for May

    Digital property transactions are experiencing exponential growth as Property Exchange Australia (PEXA) announced that last month over 100,000 transactions had been completed on the platform, a 25 per cent jump from the month prior. In April the company also announced that over one million transactions were settled digitally on the platform. Digital transactions have grown from strength to strength with…

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  • EPM: Industry News

    2018 PPM National Property Management Award finalists announced

    The finalists have been announced for the 2018 PPM National Property Management Awards. The PPM Group received more than 135 submissions across eight categories. The judge’s feedback back was that this year the level of submissions were exceptional with many of the category nominees being very close. Here are the finalists in each of the eight categories: Property Manager of…

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  • FRANCHISE NEWS

    Iconic Nanette Lilley merges with Ray White

    The First Lady of real estate in Brisbane’s western suburbs, Nanette Lilley is retiring from the industry after 46 years and her business will merge with leading property group Ray White. Ray White Sherwood principal Cameron Crouch and his partner and joint director Aimee Carding today opened Ray White Graceville, joined by Nanette Lilley’s long-term investment property clients. “We are…

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  • FRANCHISE NEWS

    Laing+Simmons Kellyville opens its doors

    Laing+Simmons has strengthened its presence in Sydney’s north west with the opening of a new office in Kellyville, as the group’s expansion program rolls on. Principal Sunny Lee and his team bring a depth of experience with the unique value proposition of the revamped Laing+Simmons brand to the local market from today. “This is a new direction for the team…

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  • FRANCHISE NEWS

    High profile auctioneer John Rombotis joins Buxton network

    Former Australian Rules Footballer turned high calibre auctioneer, John Rombotis is set to join the ranks of Buxton in a bid to take his real estate career to the next level. John, who commenced his real estate career in 2000, will be joining the Buxton Bentleigh office and with him, will bring an expansive network of clients that span Victoria-wide.…

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  • INDUSTRY NEWS

    First rebranded C21 office opens its doors to loud applause

    Century 21 The Hills District opened its doors in late April and adopted the new, modern and elegant ‘C21’ branding scheme that is currently being rolled out in 80 countries across the world as part of a historic repositioning of the global real estate giant. Despite being a new look team and office, Century 21 The Hills District secured over…

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  • FRANCHISE NEWS

    First National Real Estate’s General Excellence & Marketing Award Winners Announced

    First National Real Estate’s highest achievers have been presented with their General Excellence and Marketing Awards at the RACV Royal Pines Resort on the Gold Coast. The awards dinner brought recognition to Australia’s top national 2017 salespeople, property managers and administrators, and attracted more than 350 delegates from Australia, New Zealand and the South Pacific. The peak event on First…

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  • INDUSTRY NEWS

    Sir Albert Jennings and Frank Charnock join the Australian Property Hall of Fame

    The founding father of AVJennings and a business leader who pioneered commercial real estate in Australia have been inducted into the Australian Property Hall of Fame. Property Council of Australia National President, Susan Lloyd-Hurwitz, says Sir Albert Jennings and Frank Charnock were chosen by the board for their sustained and visionary leadership, and for their enduring contributions to the property…

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  • FRANCHISE NEWS

    Gold Coast Pyjama Foundation receives support from First National Foundation

    First National Real Estate has donated $5,000 to the Pyjama Foundation through its independent charity, The First National Foundation. Foundation Chairman David Lovell presented a cheque to Gold Coast Regional Coordinator, Stephanie Reardon during the network’s National Convention at the RACV Royal Pines Resort, which had attracted over 350 agents from around Australia. The network’s Family Day was a fun-filled…

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  • FRANCHISE NEWS

    High achieving Perth agent joins Ray White North Quays

    Successful Perth real estate agent James Kennedy has been warmly welcomed into Ray White North Quays. Mr Kennedy has spent almost 30 years of his life in the greater Kingsley area, which includes graduating from Woodvale Senior High School and playing for the local football club. The elite performer, with the support of his wife Kylie, has been awarded the…

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  • SUPPLIER NEWSelite agent news room

    Agentbox joins forces with UK-based Reapit Group to expand Australian offering

    Leading Australian real estate CRM solution, Agentbox, have partnered with the Reapit Group to deliver comprehensive solutions across sales and property management in the Australian market. The Reapit Group is a leading provider of CRM and property management solutions in the UK residential real estate space. The combined company is backed by Accel-KKR, a technology-focused investment firm with $4.3 billion…

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