-
INDUSTRY NEWS
Pets are part of the family too: REISA
Pets are an important part of the family and REISA has taken steps to ensure that tenants and landlords are protected by a pet agreement that reflects the obligations of a tenant towards keeping a pet in their rental property. Following discussions with the RSPCA and Shelter SA, REISA has taken steps to formally recognise that allowing a tenant to…
Read More » -
INDUSTRY NEWS
LocationScore names Australia’s top holiday investment locations
The new research scores each suburb monthly out of 100 using eight key indicators that measure the level of supply and demand as well as growth prospects. LocationScore co-founder and Research Director Jeremy Sheppard said the research showed that the long-held mantra that holiday homes were a bad property investment was not always true. “Ordinarily I’d advise investors to buy…
Read More » -
INDUSTRY NEWS
Beachfront markets lead growth surge: REIQ
Southeast Queensland’s world-class beaches are driving median price growth for our coastal housing markets, with Noosa reining supreme with 9.6 per cent annual growth, followed by Gold Coast with 7.3 per cent annual growth and Sunshine Coast LGA with 6.8 per cent annual growth to median house prices. REIQ CEO Antonia Mercorella said the growth surge was helped along by…
Read More » -
FRANCHISE NEWS
Laing+Simmons Rosebery set to open its doors in partnership with Dexar Group
Mr Skarlatos says he welcomes the opportunity to join Laing+Simmons. “It was important for me, in terms of building a strong business and valuable asset for the long-term future, to partner with a group with a strong reputation, great brand, powerful marketing and the right values,” Mr Skarlatos says. Dexar Group Executive Director and Head of Growth Stan Platis says…
Read More » -
INDUSTRY NEWS
New REA Group showroom highlights invention and innovation
Designed by leading interior and architectural design firm, Futurespace, the new showroom was previously occupied by Woolworths, but has now been renovated to become a shared invention and customer space for REA Group. The showroom is fitted for multiple uses, but most importantly demonstrates some of the emerging ideas and technologies that REA Group is developing. Managing Director of Futurespace,…
Read More » -
FRANCHISE NEWS
Raine & Horne launches new office in the Hunter Valley
Raine & Horne has joined forces with local agents Mallik Real Estate to re-establish a real estate office in Cessnock, the gateway to the Hunter Valley wine region. The Mallik family has lived and worked in Cessnock for many decades. Therese Mallik launched Mallik Real Estate in 2012 after previously working as a lawyer specialising in real property, conveyancing, probate…
Read More » -
FRANCHISE NEWS
Coronis Community Collects More Than 1000 Toys & Books For The Smith Family
Property Management Director Jodi Ford said the large donation was a group effort with Coronis’ team, tenants, landlords, buyers, sellers and suppliers all pitching in and donating a toy or book. “About six weeks ago, we put the call out to all our clients and team across our 24 offices to help us collect 750 toys and books for The…
Read More » -
INDUSTRY NEWS
Melbourne’s million-dollar boom: REIV
In the year to September 30, 154 Melbourne suburbs recorded a median house price of $1 million or higher from a total of 402 suburbs. A remarkable 90 per cent of suburbs within 10km of the CBD have a million-dollar median house price, while almost 50 per cent of suburbs in the middle ring are also in the million-dollar club.…
Read More » -
Real Estate News
Housing loan affordability improves, first homebuyers flood market: REIA
The September quarter edition of the Adelaide Bank/REIA Housing Affordability Report shows that the proportion of median family income required to meet average loan repayments decreased by 1.2 percentage points to 30.3 per cent. REIA President Malcolm Gunning said first home buyers now make up 24.5 per cent of the total owner-occupied housing market (excluding refinancing). “This is the highest…
Read More » -
Real Estate News
Tony Chen Appointed to Strategic new role in The Agency Projects division
After working closely with Steven Chen, the Director of The Agency Projects, for three years, Tony Chen has been promoted to Channel Partner Manager. This new role has been created in response to significant changes in the development market over the last couple of years. “This role is a vital addition to the Projects team,” Steven Chen explains. “The Agency…
Read More » -
Real Estate News
Auction volumes continue to rise with Melbourne having the second busiest week this year
National auction clearance results for the week ending 10/12/2017 courtesy of CoreLogic. The lower weighted clearance rates of late can be attributed to the continual softening conditions across the two largest markets of Melbourne and Sydney, with clearance rates tracking below 70 percent across Melbourne for 5 consecutive week’s now (67.4 percent), however volumes across the city have been consistently higher; with…
Read More » -
SUPPLIER NEWS
Christmas Comes Early for PropertyTree Customers
Rockend’s cloud-based property management system PropertyTree has welcomed three new enhancements set to simplify the work-lives of property managers. The first of these features is Invoice Genius, an intuitive tool that simultaneously automates the processing of creditor invoices, and eliminates the laborious task of manually entering these invoices. Beyond digitising invoices and automating workflows, Invoice Genius helps property managers work…
Read More » -
FRANCHISE NEWS
RE/MAX Territory moves into Labrador
Hot on the heels of its June expansion, RE/MAX Territory will finishes 2017 with the addition of eight new sales agents and a new premises in Labrador. “Our greater Gold Coast team will be spread across the offices at Labrador and Oxenford, servicing real estate needs in those suburbs, Monterey Keys and right across the city,” he said. Broker-owners Rob…
Read More » -
FRANCHISE NEWS
Coronis Targets Booming Coastal Markets With Two New Offices
Taking the independently owned network to a total of 24 offices across South East Queensland, Sales Director Craig Gillies said the additions were part of the Group’s strategic growth strategy of building 40 offices within the next two years. “Our new Gold Coast office is a joint venture with the Podium Property Group and was a strategic choice for the…
Read More » -
INDUSTRY NEWS
Refinance time slashed in WA with new technology
The WA banking industry deadline for a new paperless refinancing era starts from 1 December 2017. It’s the compliance date marking when refinance transactions move online. Home owners looking to refinance, for example, in the event that interest rates rise, will now benefit from faster refinance times. The transactions are completed through Property Exchange Australia’s (PEXA’s) digital platform. Mike Cameron,…
Read More » -
FRANCHISE NEWS
RE/MAX Australia’s lads feel the pain for Make-A-Wish
Last Friday, Joel Davoren, RE/MAX Australia Franchise Director, and Matthew Andrews, CEO of Pivotal Financial, the real estate network’s finance arm, grit their teeth, bared parts of their body and were waxed for a good cause, RE/MAX Australia’s chosen charity, Make-A-Wish® Australia, the organisation helping grant the wishes of children and teenagers battling life-threatening medical conditions. Mr Davoren is no…
Read More » -
FRANCHISE NEWS
Raine & Horne helps Alexandria Hills vendor support Seeing Eye Dogs Australia
Alexandria Hills homeowner Laila Abbassy has won $2,500 for her favourite charity, Seeing Eye Dogs Australia by listing her home at 84 Vienna Road, Alexandria Hills with Raine & Horne. The $2,500 donation is one of 16 grants Raine & Horne has made available to vendors who choose to exclusively list their properties with the Superbrand this spring. “Raine & Horne is donating…
Read More » -
INDUSTRY NEWS
REA Group expands Perth presence with new Subiaco office
The office mirrors the design of other REA Group spaces around Australia, with a focus on flexible working and creative environments. The new office has an urban industrial feel and popular Western Australian landmarks adorn the walls and double as names for meeting and quiet rooms. The office will house a growing workforce of REA Group staff across Residential, Developer…
Read More » -
Real Estate News
CoreLogic November Home Value Index: Values holding steady with Sydney trending lower and Perth bottoms out.
According to CoreLogic head of research Tim Lawless, a significant contributor to the downwards movement over the month came from the Sydney housing market, which recorded a 0.7% fall in dwelling values, while a fall in values was also recorded across Darwin and regional Northern Territory which were both down 0.4% over the month. For the remaining broad regions of…
Read More » -
Real Estate News
Raine & Horne launches office in Ingleburn, NSW
Raine & Horne has reinforced its commitment to south western Sydney with the launch of an office in Ingleburn last week. The office will be led by Abu Walid Ratul and MD Rajibul Islam, who are co-owners of mortgage broking firm Mortgage Plus, which services the Ingleburn area. “We opened our first franchise office in south west Sydney in 1976…
Read More » -
Real Estate News
Auction Volumes and Clearance rates steady in the first weekend of Summer with Canberra the standout performer
National auction clearance results for the week ending 03/12/2017 courtesy of CoreLogic. Over the same week last year, auction volumes were similar to this week (3,207), although the clearance rate was considerably higher at 72.3 percent. Across the two largest auction markets, Melbourne and Sydney, both cities saw an increase in the rate of clearance over the week, however the 66.0 percent…
Read More » -
Real Estate News
Artwork auction to raise funds for Di Jones team member
Di Jones staff are rallying behind one of their team members Kate McCullagh, who is battling cancer for a second time. This includes the auction of staff donated limited edition artworks to assist with medical and general living expenses. Art collector and Di Jones sales agent Gary Sands has donated two artworks from his private collection to help raise funds…
Read More » -
Real Estate News
RateCity: Rates set to remain unchanged; but will we see a hike in 2018?
Christmas is not likely to bolster the Reserve Bank this month with interest rates set to remain unchanged on Tuesday. Comparison website RateCity’s analysis of 24 economic indicators has revealed a still-sluggish economy with no imminent signs of improvement. If there was any doubt, the usually reserved RBA governor Philip Lowe spelt it out in a recent speech saying, “there…
Read More » -
Real Estate News
Banking royal commission should focus on an honest and fair financial system
Comparison website RateCity has welcomed the federal government’s decision to hold a Royal Commission into Australia’s financial sector. RateCity CEO Paul Marshall said the only way to restore public trust in our financial sector was through a Royal Commission. “Australians rely on financial products every single day. They hold the keys to our homes. They are the keepers of our…
Read More » -
FRANCHISE NEWS
A new force in the Kiama and Gerringong real estate market
Terry Digger and Jason Stalgis, the Principals behind the successful First National agency in Gerringong, are excited to lead the new Coast & Country business. Mr Digger said, “Our focus is to deliver a whole new level of expertise across the coastal and rural property sector; combining top results, outstanding customer service with an enhanced support network.” Mr Stalgis added, “Combining the…
Read More » -
FRANCHISE NEWS
hockingstuart opens three new offices in response to coastline demand
The network has opened a new office on the Bellarine Peninsula, joining the existing hockingstuart Geelong and Torquay offices in the area. The new office in Ocean Grove will cater to heightened interest from buyers who are looking to Melbourne’s Surf Coast for affordable homes that are still close to businesses and amenities. The increase in demand has been reflected…
Read More » -
INDUSTRY NEWS
Laing+Simmons’ Leanne Pilkington announced as new REINSW president
The Real Estate Institute of New South Wales has elected Leanne Pilkington as President of the industry body, effective immediately for a two-year term. REINSW CEO Tim McKibbin said Ms Pilkington’s major strength was her ability to connect with people right across the industry. “Leanne’s charismatic style and strong leadership skills will see her focus on our lobbying efforts,” Mr…
Read More » -
Real Estate News
REIV launches online petition to give landlords a voice
The REIV has launched an online petition calling on the Andrews’ Government to amend proposed changes to Victoria’s rental laws. The ‘Rentfair is Unfair’ petition will highlight the level of concern in the marketplace with reform of the Residential Tenancies Act set to remove important landlord rights, including the ability to consent to pets and to minor property modifications. Landlords…
Read More » -
Real Estate News
Returning empty homes to Melbourne’s rental market could be life changing
HomeGround Real Estate, a division of Launch Housing, is calling on owners of empty properties in Melbourne to return 1,000 homes to the rental market. Despite the current housing affordability crisis, more than 7,000 homes in the City of Melbourne municipality remain empty according to City of Melbourne demographic data 2013*. Returning just 14 percent, or 1,000 homes, to the…
Read More » -
FRANCHISE NEWS
First home buyers lead charge as Darwin market bottoms
“In October there was a massive increase in buyers at open homes, and this trend has continued this month, with group numbers more than double those of November 2017, said Glenn Grantham, General Manager, Raine & Horne Darwin. Almost 50% of attendees at open homes are first time buyers, with upgraders and investors making up the balance, said Mr Grantham.…
Read More » -
Real Estate News
Di Jones makes historic Beecroft Post Office their new home
The historic Beecroft Post Office has been given a new lease on life, with Di Jones Real Estate set to open the doors to its new home on Saturday, 2 December 2017. Di Jones CEO Rob Ward said the BPO has always been a meeting place for the local community and the team at Di Jones want this to continue. “The…
Read More » -
Real Estate News
The number of properties taken to auction continues to rise in the last weekend of spring
National auction clearance results for the week ending 26/11/2017 courtesy of CoreLogic Last week, based on final results, 60.9 percent of the 3,390 auctions held recorded a successful result, the lowest clearance rate since late 2015/early 2016. Once final results are collected, the combined capital city clearance rate tends to revise down so at this stage it’s looking like the final clearance…
Read More » -
FRANCHISE NEWS
Barry Plant Group raises $100,000 in annual “Wishtober” initiative for children with life-threatening medical conditions
For the past four years, the group has renamed October “Wishtober” and the initiative has raised more than $450,000 in total for Make-a-Wish® Australia since its inception. Now a much-loved tradition within the Barry Plant Group, each of the group’s offices contributes donations from commissions earned on every property sold throughout October. The Corporate office also donates a significant amount…
Read More » -
Real Estate News
Top Cammeray Independent Joins Ray White Lower North Shore
After 20 years in business, the highly regarded Ferguson Property Agents in Cammeray is merging with Ray White Lower North Shore to continue to grow and service the needs of their local community. Justin Ferguson and his wife Sally have been operating in Cammeray for 20 years and will rebrand their office to Ray White Ferguson (Cammeray) in February. Mr…
Read More » -
FRANCHISE NEWS
Queensland A-List revealed
A List awards spokesperson Ashleigh Molden thanked Mercedes-Benz Brisbane and Pricefinder for their support of these awards to find the best of the best agents in Queensland. There’s lots of awards in the real estate industry, but the A List stands heads and shoulders above any other award as it compares agents from all agency groups using their sales data.…
Read More »