National
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Vendors look to social media for faster results
New data shows vendors can potentially sell their home faster by choosing to list their home through @realty’s new Home Booster social media platform. Home Booster, which is used by @realty agents Australia-wide, has generated a total of more than 21,000 leads for the 50 vendors who have listed their home on the platform in recent months. @realty agents list…
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APRA throws property investors a lifeline with benchmark removal
An announcement from APRA to remove the investor loan growth benchmark will see some banks cut investor rates to lure back more investors into the lucrative sector. Banks introduced higher rates for investor loans following the introduction of the cap on investor lending, announced in December 2014. Today, RateCity.com.au data shows the gap between owner-occupiers paying principal and interest and…
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Century 21 agents to get some inspirational island time at the start of winter
Century 21 agents will experience an endless summer this year with the network’s Australasian Convention to be held on Hamilton Island in early June. Hundreds of agents from across Australia and New Zealand will be treated to internationally renowned speakers, cutting-edge training and exciting new company announcements – all planned around special events that will exploit the breathtaking views of…
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Top Ray White principal advises The Mentor
Matt Lancashire, the number one selling principal in Ray White’s Queensland network, was humbled to be chosen by businessman Mark Bouris for his new hit reality TV show, The Mentor. The first of Seven’s new seven-part reality makeover series The Mentor, which aired last night, centred on a family real estate agency in Moreton Bay. “I felt humbled that Mark…
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Firm brings property to life with AR technology
Australian firm Realar is breaking new ground in augmented reality with their property-viewing app Realar Places. The platform has been specifically built for real estate use to help buyers visualise off-the-plan properties. The app will project a 3D model of a property onto any flat surface, allowing a buyer to get a good look at the home and have a…
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Elders recognises Rob Rickard for the seventh year in a row
Elders Rural Real Estate Sales Specialist, Rob Rickard, has been recognised at the Elders Real Estate Awards as National Rural Salesperson of the Year, together with Victorian Salesperson of the Year for the seventh consecutive year. Servicing the Camperdown and Mortlake region since 2001, Mr Rickard attributes his success to offering a high level of service to clients within his…
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The Hills continue to be green pastures for Century 21
The success Century 21 has enjoyed in booming north-west Sydney is set to reach new heights with star Hills agent, Martin Baldacchino, opting to open Century 21 The Hills District with Rafi Younes, one of the network’s most successful agents and franchise owners. Mr Baldacchino and Mr Younes both enjoy Centurion status within the network, one of Century 21’s highest…
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Harcourts recognised for Excellence in Events
At the Meeting and Events Australia 2017 Industry Awards, Harcourts was honoured with the Corporate Event of the Year award. The awards recognise excellence in the meetings and events industry across Queensland. As a state winner, Harcourts is amongst the national finalists for the Meeting and Events Australia Gala Awards to be held on May 8 in Adelaide. “Winning the…
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Affordability improving in most capital cities: HIA
“Affordability improved in most of Australia’s capital cities during the first three months of 2018 as house price pressures eased,” said Shane Garrett, HIA Senior Economist. HIA’s Affordability Index is calculated for each of the eight capital cities and regional areas on a quarterly basis and takes into account latest dwelling prices, mortgage interest rates and wage developments. The results…
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Harcourts expands with three new business partnerships
Harcourts Group Australia has announced three new national business partnerships. “The new partnerships enhance the offerings available to property owners and property managers, giving Harcourts clients the protection and peace of mind so often sought in the property management space,” said Cathie Crampton, Harcourts Head of Property Management. Harcourts national business partners cover a wide range of products and services…
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Realmark uses social media for the greater good
Last week Realmark turned their social media marketing on Facebook into greater good for the community, raising valuable funds for the charity ‘Racing for MNDi’. The Realmark team was approached by client and football hero Nic Naitanui, who is heavily involved in the Racing for MNDi Foundation. Racing for MNDi aims to raise the profile of Motor Neurone Disease (MND) in Australia…
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Rental rates climb over seasonally strong first quarter: CoreLogic
CoreLogic has released its first Quarterly Rental Review for 2018, which tracks the median rental price of houses and units across Australian capital cities and regions. The quarterly report measures the percentage change in rental prices over the first quarter, which is typically the strongest for rental appreciation and growth, as well as over the past 12 months to March…
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PMs Embrace Bright Ideas at 2018 PPM Property Management Conference
The 2018 PPM Property Management Conference, as well as PPM Group’s ‘Best of the Best’ National Property Management Awards, are now open for registrations. The PPM conference event is 100% property management focused with a wide selection of principal/department manager/senior property management breakout sessions. The event is designed for principals, department managers, business development managers, leasing consultants, property managers and support staff…
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Better Homes and Gardens Real Estate enters the Australian market, backed by Charles Tarbey
After a master franchise agreement between Realogy Holdings Corporation and CT Investment Holdings Pty Ltd, Better Homes and Gardens Real Estate has announced it will be expanding its global presence with offices in Australia and New Zealand. Mr Tarbey is chairman and owner of CT Investment Holdings Pty Ltd, and his company will be responsible for the growth, marketing and…
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Real estate industry wishlist for 2018-19 budget
The real estate industry have issued their hopes from the 2018-19 budget, which will be released at approximately 7.30pm AEST on Tuesday May 8. REIA Affordability is one of the key topics for the REIA going into the next budget. While they praise the previous budget’s recognition of the issues, they don’t think the fixes have gone far enough. REIA…
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Ray White’s Cameron Crombie wins gold for Australia
Congratulations Cameron Crombie of Ray White Canberra, who won a gold medal in the F38 shot put at the Commonwealth Games this week. By day the star athlete is a sales agent at Ray White Canberra in the capital city. “It won’t sink in for a while yet, it could be a few weeks or months. I haven’t had much…
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Investors retreat behind apartment downturn: HIA
The ABS released building activity data yesterday for the final quarter of 2017. Detached house commencements increased by 0.7 per cent over the December 2017 quarter, while starts for other dwelling types (predominantly apartments) declined by 11.2 per cent. “The decline in multi-unit dwelling starts has dragged down the total number of new home starts during the final quarter of…
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Finalists announced for the Leading Property Managers Association Awards
The finalists of the 12 categories for the Leading Property Managers Association Awards have been announced with the winners to be revealed at the LPMA conference, 10-11 May on the Gold Coast. “The LPMA Awards are an opportunity for the best in our industry to shine and get the recognition that they deserve,” said LPMA Australia National Manager Jodie Stainton.…
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Study examines how Australia’s planning system can deliver more affordable housing
A new study is examining how planning schemes can deliver affordable housing for low-income groups with unmet housing needs. By examining models used in the UK and US, the Australian Housing and Urban Research Institute (AHURI) has produced the Supporting affordable housing supply: inclusionary planning in new and renewing communities report, which addresses some of the concerns around affordable housing in…
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realestate.com.au launches Agent Elevate
realestate.com.au today launches Agent Elevate, the first offering in its new Agent Edge family of personal branding products that will give agents an edge in their market. Agent Elevate will help individual agents increase their presence on realestate.com.au and grab the attention of sellers searching in their suburb. Agent Elevate provides agents with: Prominent positioning in the photo carousel on…
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Ray White makes key leadership appointment
Ray White believes it can now predict who their next high-performing agents are most likely to be. Over the last 18 months, Ray White has been working on its own tool to identify benchmarks for success using psychometric, aptitude and personality testing. Ray White has spent extensive time and effort in identifying benchmarks for how its high performers act and…
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New service plans to revolutionise international property investment
CityYield, a global agency that specialises in the sale of investment property for rental yield across leading international markets, has launched into the Australian market. For the first time, non-institutional investors will be able to find, analyse and acquire properties across hotspots in the UK, Germany and the US using the service. Jeremy Kasler, CEO of CityYield, said, “Through our…
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Refined data heats up leads for Century 21 Network
Century 21 has introduced ‘OppScore’ technology across its Australasian network to assist in nurturing and measuring leads from database information. Using advanced algorithms, the automated OppScore technology consistently analyses contact data in the network’s e-Sales CRM platform and then directly notifies agents about prospective lead values within their individual databases. OppScore algorithms will determine a ‘score’ for contacts using a…
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RE/MAX appoints Josh Davoren as marketing director
Josh Davoren was announced this week as a director of all companies under the umbrella of RE/MAX Australia and RE/MAX New Zealand. He joins Managing Director Michael Davoren, Finance Director Chris Chapman, Franchise Director Joel Davoren and Independent Chairman Adrian Lane-Mullins on the Board. Sydney-based Josh Davoren joined the corporate team in 2016, in a strategic move to grow the…
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RE/MAX A1 agent becomes a Queen’s Baton Bearer
In a country of over 24 million, to be one of 3,800 Australians in the Queen’s Baton Relay at the 2018 Commonwealth Games is something to be immensely proud of. For the RE/MAX Australia team, seeing one of their own take centre stage was something special. Taking on the final stretch of the Ipswich relay on the 29th March, RE/MAX…
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April 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. “The housing markets in Sydney and Melbourne have slowed. Nationwide measures of housing prices are little changed over the past six months, with prices having recorded falls in some areas,” says RBA Governor Dr Philip Lowe. “In the eastern capital cities, a considerable additional…
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Top international coach Rik Rushton partners exclusively with The Agency Group as in-house trainer
The Agency has partnered exclusively with coach Rik Rushton as their in-house trainer. “We are proud to announce Rik Rushton has joined us formally as our in-house trainer and we are his exclusive real estate client. “Rik will be undertaking an intensive training and coaching schedule across SLP and The Agency brands,” said Matt Lahood, The Agency’s CEO. “This is…
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realestate.com.au gives agents the edge
realestate.com.au today announced Agent Edge, a new family of personal branding products which will give agents an edge in their market. Agent Edge products, the first of which launches this month, are designed for individual agents to increase their presence on realestate.com.au and connect with Australia’s largest pool of sellers. The Agent Edge product family: Agent Elevate: Get noticed and…
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A shared database of buyer’s criteria to launch
An Australian real estate agent is fostering greater collaboration in the industry with a new app that acts as a shared database of buyers’ key criteria. Set to launch on April 12, the REXY app enables agents to input a buyer’s preferences at events like open homes. A push notification is then sent to other agents with suitable properties, while…
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Savills Australia welcomes new director to Melbourne team
Savills Australia has brought James Girvan on to the capital transactions team. It’s a return to Savills for Girvan, who brings 13 years’ experience in commercial property agency and valuations to the role. Relocating from Sydney to Melbourne for the role, Girvan has overseen over $3 billion worth of commercial property transactions. Those transactions include 231 Elizabeth Street for a…
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Possible $1bn IPO for PEXA would be one of the biggest in 2018
Electronic conveyancing business PEXA is moving towards a sale which may see four state governments pocket over $350 million. If the sale goes through it could stand to be one of the biggest initial public offerings in 2018. Late last year the business identified a 12-month window, starting in September 2017, to explore strategic options ahead of a potential 2018…
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AI chatbot to take on common real estate interactions
A new chatbot service is set to improve the real estate customer experience by acting as a concierge when it comes to buying, selling, renting, providing suburb information and managing properties. Known as ‘Ding’, the AI chatbot was recently launched by Local Knowledge Property Group and has the ability to cater to a range of tasks in real estate. Co-founder…
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The Harcourts Foundation grants over $50,000 to 14 charities
The Harcourts Foundation, the charitable arm of Harcourts Group Australia, announced grants to 14 Australian charities during its most recent quarterly funding round. A total of $51,740 was donated across Australia to benefit charities serving the communities where Harcourts employees live and work. “Over the past six months, a total of $190,781,000 has been granted by The Harcourts Foundation,” said…
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2018 REIA National Awards for Excellence winners announced
The Real Estate Institute of Australia (REIA) announced the winners of the 13th National Awards for Excellence on Thursday 22nd March at a gala dinner at Doltone House, Sydney. REIA President Malcolm Gunning said the awards recognise the best of the best in Australian real estate. “Real estate professionals from across the country converged on Sydney last night in what…
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Ray White agents ‘link up’ to celebrate referrals
REAL estate agents, mortgage brokers and financial advisers from all over Australia and New Zealand have spent a memorable evening at the historic village in Crows Nest where it all began for property giant Ray White in 1902. The attendees were the winners of the group’s biggest-ever referral initiative called LINK which saw every facet of the White family business…
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