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FRANCHISE NEWS
New McGrath agency slated to open in Bathurst Chase
A new real estate agency is opening a “meet and greet” outlet in a NSW regional shopping centre in a bid to better connect with a wider customer base and boost lead generation. Experienced Bathurst real estate agents James and Toni Thompson are opening the first McGrath Estate Agents office in Bathurst in Sentinel Property Group’s neighborhood shopping centre, Bathurst…
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INDUSTRY NEWS
First Home Buyer Share Reaches Five-Year High, HIA
The January 2018 housing finance figures show that the First Home Buyer share of owner-occupier mortgage volumes is the highest it’s been for five years. “During January, First Home Buyers accounted for 18 per cent of home mortgage loans to owner occupiers. This is the highest monthly share in over five years,” explained Shane Garrett HIA Senior Economist. “First Home…
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FRANCHISE NEWS
Raine & Horne forms new North Shore entity with merger of three principal offices
Raine & Horne has reinforced its position on Sydney’s prestigious North Shore with the merger of three of its principal offices. Raine & Horne Crows Nest has amalgamated with nearby Raine & Horne Chatswood Willoughby and Raine & Horne St Leonards. The new entity will trade as Raine & Horne HM Group, and former Crows Nest principals David and Jan…
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INDUSTRY NEWS
Planning and Investment are the keys in the population debate, says Property Council
Last Nights ABC Four Corners program Big Australia: Are we ready? has further invigorated the population debate that has recently been rekindled in Australia. Property Council of Australia Chief Executive Ken Morrison welcomed the debate, but called for people to look past anti-immigration fearmongering and focus on the opportunity to plan for great cities and liveable communities. “Beware the false…
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FRANCHISE NEWS
First National announces its leading WA agents
First National Real Estate’s Western Australia agents received their General Excellence and Marketing Awards at Novotel Langley last Friday night. The awards brought recognition to the best of Western Australia’s real estate performances throughout 2017, which according to First National WA Chairman, Kelly Donaldson, were confirmation of the network’s commitment to professional development and customer satisfaction. ‘2017 market conditions in…
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Real Estate News
RE/MAX Global Takes Bold Step to Acquiring Leading Technology Firm booj
In a move signalling a shift in RE/MAX technology strategy, RE/MAX, LLC announced it has acquired booj, an award-winning Colorado-based web design and technology company. The acquisition cements a new approach for RE/MAX that goes beyond adapting third-party vendor products to fit broker and agent needs. Moving forward, RE/MAX say they will leverage the capabilities of booj and other strategic…
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INDUSTRY NEWS
Coasts outperform the capital in Queensland for 2017
The beachfront markets of the Gold and Sunshine Coast, and Noosa, have finished 2017 with the strongest growth in the state, significantly outperforming Brisbane. The Gold Coast delivered a gold medal performance, with the annual median house price growing by 7.7 per cent, to end the year on $615,000. The Sunshine Coast median house price grew 6.4 per cent to…
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FRANCHISE NEWS
Tim Gossage launches into real estate with Realmark
Network Ten, Eyewitness News sports presenter Tim Gossage has merged his passion for presenting with real estate becoming fully charged Auctioneer with Realmark. After 28 years as the king of presenting across news, sports and breakfast radio, Tim’s passion for auctioneering is to lead him to Realmark joining forces with the industry pacesetter, Realmark as auctioneer. Tim has auctioneered at…
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Real Estate News
Raine & Horne Double Bay recognised in the Asia Pacific Property Awards
Raine & Horne Double Bay, led by super agents Ric Serrao and Martin Maskin, has been named Australia’s best real estate agency in the Asia Pacific Property Awards for 2018/19, announced last week. The Eastern Suburbs-based real estate firm prevailed over 700 entries from across Australia to win the prestigious award, which is judged by an independent panel of 80…
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FRANCHISE NEWS
Century 21 to open new office in Hume City
Century 21 Wyndham City opened their new office in Tarneit, Victoria, at the beginning of January and in only two months since opening, the motivated team is already set to expand into a second office location. Directors Sanj Pahil, Dinu Sangroha and their team of expert real estate practitioners have been servicing clients in Tarneit, Truganina, Werribee, Wyndham Vale and…
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FRANCHISE NEWS
McGrath hosts annual leadership forum in Melbourne
More than 100 of McGrath’s business leaders, executives and franchisees gathered together in Melbourne this week for the company’s annual Leadership Forum, held over two days. The company’s largest leadership forum to date was led by McGrath Founder and Executive Director John McGrath and recently appointed CEO Geoff Lucas. Chair of the McGrath Board Peter Lewis joined Mr McGrath and…
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INDUSTRY NEWS
Purplebricks enters into two enforeceable undertakings in QLD
According to a QLD Government media release, national real estate agency Purplebricks has entered into two enforceable undertakings with the Office of Fair Trading (OFT), for alleged breaches of the Australian Consumer Law and the Property Occupations Act 2014. The release states that between November 2016 and June 2017, Purplebricks Australia Pty Ltd, entered into agreements with consumers who were…
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FRANCHISE NEWS
Ray White fires up for Ignite 2018 in NSW
More than 350 Ray White real estate agents from across New South Wales turned up at the International Convention Centre in Sydney today for the bi-annual truth serum boost called Ignite 2018, where they heard from the best in the property business. The super sales training day was aimed at firing up the Ray White agents to remain the hunter…
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FRANCHISE NEWS
RE/MAX agents get in the ‘big picture’ in Vegas
More than 40 real estate names from Australia and New Zealand rubbed shoulders with another 6,000-plus real estate agents and broker owners at the 45th annual RE/MAX R4 Convention in Las Vegas this month. “The annual R4 Convention is like no other real estate industry gathering. Just the physical numbers of people, the calibre of speakers, the quality of entertainment,…
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INDUSTRY NEWS
March 2018: Interest rates on hold, Industry reaction
At its meeting today, the RBA Board decided to leave the cash rate unchanged at 1.50 per cent. REALESTATE.COM.AU “More indicators are pointing to improving economic conditions and given how fast the US is growing, this will support our economy,” says Nerida Conisbee, realestate.com.au Chief Economist. “The main thing holding them (RBA) from increasing rates are consumers, in particular the enduring…
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Real Estate News
RE/MAX New Zealand awards its best of 2017
RE/MAX New Zealand announced its top 2017 performers last month at a gala event held at Pullman Auckland, where 140 guests celebrated their own achievements and that of their RE/MAX peers. Keeping with tradition, the network’s ultimate individual honour, Broker Owner of the Year, was the final announcement for the evening. Facing some worthy contenders given the growing number of…
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INDUSTRY NEWS
Property developer Goldfields appoints McGrath to market its first QLD project
McGrath Estate Agents, a division of McGrath Limited (ASX:MEA) has been appointed by Goldfields as the exclusive agent to market the sale of its latest project, Hayfield, in Brisbane’s western growth corridor. McGrath Projects General Manager Adam Sparkes said “We are delighted to be representing Goldfields as they launch their first Queensland project, Hayfield, in the Ripley Valley. Goldfields have…
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Real Estate News
New co-ownership platform launches to tackle housing affordability challenge
Kohab, a digital platform, community and marketplace for co-ownership, launched yesterday. The platform helps friends, family and like-minded buyers purchase a home together, connecting them with the right property, real estate agent, legal, mortgage and insurance providers all in the one place. Platform partners such as Sparke Helmore and National Australia Bank have been specifically selected by Kohab for their…
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Real Estate News
Scaleup Mediafund and Spheria lead LocalAgentFinder $5.5m funding round
LocalAgentFinder has announced a successful completion of a $5.5m funding round that was oversubscribed, and values LocalAgentFinder at a pre-money valuation of more than $60m. The round was led by Scaleup Mediafund, which is owned and supported by News Corp Australia, Network Ten, Nova Entertainment, and Fox Sports Australia, together with leading Australian small cap fund manager Spheria Asset Management.…
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FRANCHISE NEWS
Stockdale & Leggo announce an exciting new partnership with Australia’s fastest growing finance aggregator
Stockdale & Leggo are excited to announce an innovative new partnership with finance aggregator Finsure that is set to advance their customer service offering and streamline the process of buying property. An award-winning company recently named Aggregator or the Year, Finsure manage more than 1400 of the best brokers across their nation-wide network. Allowing them to work under their own…
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FRANCHISE NEWS
Growth agency identifies staff well-being as a priority
A Brisbane real estate agency which has undergone significant expansion has made team welfare a key part of its team development strategy. LJ Hooker Cleveland has become the Redlands area’s largest operator following an astute recruitment drive and mergers. Between August and February, the team: increased its sales division from 22 to 28 agents; added 4 portfolios to its rental…
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FRANCHISE NEWS
Queensland’s top agents shine at First National awards night
First National Real Estate’s Queensland estate agents were presented with their General Excellence and Marketing Awards at Sofitel Brisbane on Saturday night (March 3rd, 2018). The awards shone a light on the state’s leading agents, property managers and offices of 2017, which, according to QLD Chairman David Forrest, faced a considerable variance of market conditions throughout the state. ‘2017 was…
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INDUSTRY NEWS
REIQ names best of the profession for 2018
A record-breaking fourth title win for REIQ Auctioneer of the Year Justin Nickerson has led this year’s REIQ Awards for Excellence as more than 700 real estate professionals gathered to recognise the elite in their field at the Brisbane Royal International Convention Centre (RNA) on March 3rd, 2018. The win is the third consecutive win for Mr Nickerson and the…
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FRANCHISE NEWS
Welcome home to Ray White Karl Secondis
Darwin real estate identity Karl Secondis has been welcomed back to Ray White with open arms. Ray White SA / NT managing director Nick George said when Ray White began in the Northern Territory more than 15 years ago under the leadership of Mr Secondis the agency very quickly became the leading brand. “Karl’s history as Darwin’s premier property marketing…
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FRANCHISE NEWS
Ray White principal Michael Stack expands Sunshine Coast presence
Ray White elite performer Michael Stack has expanded his Sippy Downs business to now include Nambour. “We’re so excited to see Michael Stack start servicing the needs of this real estate community in Nambour,” Ray White QLD CEO Tony Warland said. “We know Michael is looking forward to being able to put a shopfront in place in the near future…
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FRANCHISE NEWS
Raine & Horne scores Broadway hit with new office
Raine & Horne has scored a major commercial coup with the recruitment of Alvie Lin to the 135-year-old network. “Alvie has an enviable combination of international and local experience is residential property sales and property management, as well as retail property, office building, shopping centres, commercial property sectors,” said Angus Raine, Executive Chairman, Raine & Horne. “Also fluent in English…
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FRANCHISE NEWS
The Agency teams up with Guy Leech to roll out life-saving automated external defibrillators (AED)
A friendly connection between Jon Snead and ironman Guy Leach has lead to an agreement to have The Agency roll out automated external defibrillators (AEDs) nationally, starting with Sydney with staff being trained on the life-saving equipment. “I’ve known Guy for many years through paddling, we’ve trained together over the past eight years. It was two years ago when we…
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FRANCHISE NEWS
Devine Real Estate expands across Sydney’s Inner West
Steven Devine and the entire Devine team are extremely proud and excited to announce a significant expansion of the Devine Real Estate brand. From March 2018, Devine is growing from three offices to five, with the opening of both Devine Marrickville and Devine Dulwich Hill. “These evolving areas continue to emerge as aspirational suburbs that have great synergies with our…
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FRANCHISE NEWS
New C21 website sees an explosion in growth
Launched in January, the new Century 21 website has seen a large (42.8 per cent) increase in unique users from January 14 to February 14 compared to the same period last year. Redesigned to enhance the experience for mobile users, the site also registered a 275 per cent increase in mobile users over the period. Charles Tarbey, Century 21 Chairman…
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FRANCHISE NEWS
Glenn and Kylie Hardman open Ray White Geelong
Glenn and Kylie Hardman are excited to announce the opening of their new Ray White office in Geelong, south-west of Melbourne. Geelong offers such quality living for both homeowners and investors, with its wide-ranging recreational choices, strong medical and education hub and a growing economy only 45 minutes from Melbourne. “Geelong is such a great city with great future potential.…
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Real Estate News
Realmark implements Livebid in a first for WA Auctions
Innovative firm Realmark is the first agency in Western Australia to adopt Livebid, a new cloud-based technology that will bring residential and commercial property auctions into the digital age. Developed in Australia, the ground-breaking technology allows agents to electronically record auction bids which are made instantly visible to buyers and sellers, who can track auctions simultaneously, in real-time, from any…
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FRANCHISE NEWS
RE/MAX Auction Culture Set To Soar
In an exciting strategic move, RE/MAX Australia introduces its latest addition to the expanding franchise network, RE/MAX Auction Services. “We’ve been given the opportunity to grow the RE/MAX auction culture through having one of the best in the business, Dene Tucker, join RE/MAX Australia as a franchisee and a trainer,” said RE/MAX Franchise Director, Joel Davoren. “Dene holds state and…
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INDUSTRY NEWS
Global Consumer Group Launches Push for New South Wales Government to Ban Rent-Bidding Apps
SumOfUs, an international consumer group with more than 170,000 members in Australia has called on the New South Wales Government to ban the spread of “pernicious and mercenary” new rent-bidding apps. They say the apps – US-based Rentberry and local apps Property Connect and RentWolf – will push up rental prices by forcing applicants into rent-bidding wars. Victorian Premier Daniel…
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INDUSTRY NEWS
REIWA celebrates 100 years of WA real estate
The Real Estate Institute of Western Australia and the State Library of Western Australia are presenting a public exhibition celebrating a century of REIWA service. REIWA CEO Neville Pozzi, said the centenary was a major milestone in the Institute’s history and he was delighted to be able to share how REIWA has grown and positively influenced the state over the…
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FRANCHISE NEWS
Iconic Woody Point agency joins Ray White
The Ray White Group is pleased to announce an iconic Woody Point real estate agency is joining its network to future-proof their business and take it to the next level. The Misso family have a proud history serving the Redcliffe Peninsula in Queensland and surrounding areas for three generations since 1956. Ray White Queensland CEO Tony Warland said he was…
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