Real Estate News
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How Noosa’s Suter Smith Cleine built their successful real estate agency in under 12 months
After years working under franchise brands, Ian & Linda Suter, Clint Smith & Tyron Cleine took the leap and joined forces to launch their independent agency, Suter Smith Cleine a little over 12 months ago.
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Some of the NSW property sales that wowed us in 2022
There's no doubt Sydney has some of the most luxurious homes in the world and some of the top sales this year didn't disappoint. Let's take a look!
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Jonah Hill sells his spare Malibu house
Moneyball star Jonah Hill has officially sold his spare Malibu home after picking up another house closer to the beach.
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New online marketplace looks to match agencies, principals with PropTech startups
A new platform designed to link PropTech startups with agencies and principals seeking to diversify their business or fill a technology gap has launched and is calling for new participants in 2023.
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REIACT appoints new chief executive officer
The Real Estate Institute of the ACT (REIACT) has appointed Maria Edwards to the CEO role, taking over from Michelle Tynan.
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New Zealand property values decline at GFC levels with further falls predicted
Agents taking stock of Australia's deteriorating market conditions should spare a thought for their Kiwi cousins, with values in New Zealand falling further than predicted in 2022.
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Combating Taree’s rental crisis with transitional housing
The rental crisis across Australia is reaching extreme levels, with some of the biggest shortages occurring in regional areas forcing vulnerable people into incredibly challenging situations.
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Eagles drummer Don Henley buys his son a million-dollar LA home
Grammy-winning Eagles founding member Don Henley has quietly purchased a Westside Los Angeles home for his son, 24-year-old Will Henley.
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Fastest Growing Ray White Office goes Greater
Leading principal Avi Khan continues to expand his foothold across Queensland, buying two more Ray White offices in Brisbane. Avi Khan Group (AKG) officially purchased Ray White Eight Mile Plains and Ray White Brookewater/Greater Springfield. The acquisitions now mean Avi Khan Group operates five offices in total making it the fourth largest group in the Ray White network all in…
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Victorian suburbs top the list for best buying opportunities in 2023
Victoria has topped the list for the most suburbs that offer great buying opportunities in 2023 according to a new report.
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Uptick in property listings during November, PropTrack says
New property listings rose during November, according to a new report, with regional areas witnessing the largest increase.
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Ten Sixty, a new short form video app for real estate – brings on Josh Flagg in advisory role
Australian startup, Ten Sixty the new global short-form video app for real estate announces that top Douglas Elliman luxury agent and star of Million Dollar Listing, Josh Flagg and the media company he founder Estate Media, will become advisors to the rapidly growing real estate platform, that’s bringing real estate into the era of short form videos.
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Purplebricks ads back to “shouting about” low fees, as UK cost of living crisis bites
UK agency Purplebricks says a decision to revive an advertising campaign targeting real estate agent commission is paying dividends, after blaming a previous change in marketing direction for profit losses.
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Tyler, the Creator lists his Bel Air home at a loss
Rapper, Tyler, the Creator is so keen to offload his Bel Air home that he’s prepared to take a $1 million loss just to get rid of it. According to The Dirt, the hip-hop artist is asking US$7 million for the estate he paid US$7.9 million for just 12 months ago. The single-storey home boasts four bedrooms, and 4.5 bathrooms…
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Queensland’s top sales for 2022
Water views were the order of the day for some of Queensland's top residential property sales this year.
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BresicWhitney bolsters Property Management leadership team
Peter Marsi and Benjamin Small have taken on new leadership roles, reflecting BresicWhitney’s continued commitment to its people, and the evolution of property management as a sector rich with rewarding career opportunities. Peter Marsi has been promoted to Performance Manager – Leasing and Business Development, in a newly created role – and one that’s unique to BresicWhitney and the industry.…
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Why you shouldn’t go for a stand-alone micro agent model
Don’t settle for the easy quick fix single-agent model, advises Explore Property CEO, Andrew Acton, who says it’s not a good long-term strategy. Agents who decide to operate under a single-agent model could be missing out on key future economic benefits, a leading real estate expert has warned.Explore Property CEO Andrew Acton said that while a single-agent model – where…
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Office assets the most transacted in 2022
Office market transactions have bounced back in 2022, as the sector tries to recover from the ongoing impact of government-imposed lockdowns.
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NSW state government bans rental bidding
The controversial practice of rental auctions is set to be banned in NSW from this Saturday.
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Expensive property markets leading the downturn but end could be in sight
The country’s most expensive property markets have been bearing the brunt of higher interest rates, however, 2023 could mark a slowing in the rate of declines according to a new report. CoreLogic’s annual Best of the Best Report for 2022, found that Sydney has been hit hardest by rising borrowing costs along with other higher-priced housing markets. CoreLogic Head of…
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A perfect storm: Australia’s rental crisis – part three
In part three of A perfect storm: Australia’s rental crisis we examine two more potential solutions to the issue, including how lowering the lending buffer may encourage investors to re-enter the market and how accepting offers of higher rent could fuel the rental affordability side of the crisis. You can catch up on the other parts of the story here.
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Kyle Raven launches with UrbanX – the way of the future for high-performing agents
For 15 years, Kyle Raven has built a reputation around his passion for real estate and the time has come for him to put his own name on the door, launching Kyle Raven in Wangarrata, Victoria.
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Area Specialist has revealed its brand-new website
Months in the making, the new site has been designed to ensure Area Specialist agents leave the best possible digital footprint.
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Why aren’t house prices falling more quickly?
We have come off the sharpest rise in house prices ever recorded to now being greeted with the sharpest increase in interest rates since the 1980s. Despite this, house prices are not falling by as much or as quickly as you would expect. At this point, it is looking like we may not even get to a 10 per cent…
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A perfect storm: Australia’s rental crisis – part two
In part two of A perfect storm: Australia’s rental crisis we examine two potential solutions to the issue, including how a change in mindset could help bring landlords and tenants on the same page and how axing stamp duty could ease the pressure. You can catch up on the other parts of the story here. Solution: Changing the ‘us versus…
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Rising costs forcing renters back into share accommodation
Rising living costs are forcing more people back into share accommodation, as renters continue to get squeezed.
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Realestate.com.au launches new rent campaign
Australia’s number one site for renters, realestate.com.au, has launched its latest rental campaign in time for the peak summer period.
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Darren Krakowiak: how you can become a better leader
Leadership is relevant to everyone in commercial real estate.
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A perfect storm: Australia’s rental crisis – part one
Australia is in the grip of a housing crisis. More specifically, a rental crisis. Vacancy rates are at record lows, weekly rents are skyrocketing and there’s simply not enough houses to go around.
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More growth on the cards for The Agency on the Apple Isle
Tasmania is shaping up to be a major player in The Agency’s push to increase its national presence, with the brand flagging more growth is on the cards in the new year.
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REINSW calls on NSW Government to stop the rental crisis blame game
The Real Estate Institute of NSW has hit out at the State Government’s implication that property managers and landlords are to blame for the state’s rental crisis, following news this week that the practice of ‘rent bidding’ was being investigated.
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Sherrie Storor: How to become a Million Dollar Agent
Are you ready to unlock your true potential, become a modern day agent, list more properties and make more money, all while escaping the hustle and grind and reclaiming your time?
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