Search Results for: REISA
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INDUSTRY NEWS
REISA launches Future Leaders Taskforce
The Real Estate Institute of South Australia is looking to empower the next generation of real estate professionals with the launch of its new Future Leaders Taskforce.
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INDUSTRY NEWS
REISA welcomes new budget but seeks more focus on housing
The Real Estate Institute of South Australia (REISA) has welcomed the continued emphasis on infrastructure throughout the region, but was concerned with the lack of investment in the housing sector. The 2021-22 State Budget handed down by the South Australian (SA) Treasurer Rob Lucas maintained a strong economic focus but should have included more assistance for the property sector, according…
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NEWS
Proposed land tax changes would “devastate” SA market: REISA
The Real Estate Institute of South Australia (REISA) has made a submission to the State Government expressing deep concerns about proposed changes to the land tax regime, which it believes would cripple the SA market. The submission is a culmination of results of REISA’s Land Tax Member Survey and reaction by its members, who represent a broad range of property…
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SA
Ray White Norwood celebrates growth with REISA HQ purchase
Ray White Norwood Directors, Jason Spagnuolo and Sam Brincat, have celebrated the impressive growth of their business by purchasing the former Real Estate Institute of South Australia (REISA) HQ for $3,125,000. After opening their doors in February 2017, Mr Spagnuolo and Mr Brincat have gone from six staff members to a team of 34. “It’s always been a dream of ours…
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NEWS
REISA unveils plans for 2020 and beyond
The Real Estate Industry of South Australia (REISA) has revealed a future focus on technology will be a major part of its centenary review. Last week REISA announced the review as part of its 100-year celebrations, with REISA President Brett Roenfeldt OAM later noting technology would be the body’s main focus. “The world is changing faster with less predictability and…
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NEWS
REISA celebrates 100 years with a major review
The Real Estate Industry of South Australia is marking its centenary year with a major review that seeks to shape its vision for the next generation of real estate professionals. REISA President, Brett Roenfeldt OAM said the move is in keeping with the organisation’s focus to deliver relevant direction, products, services and support to underpin the success of its membership,…
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INDUSTRY NEWS
Bronte Manuel takes out REISA Auctioneering Championship
REISA’s fourth Auctioneering Championships has concluded with a Gala Presentation Dinner at the Stamford Grand in Glenelg. Toop & Toop’s Bronte Manuel was the winner for 2018 – his fourth win in a row – and will represent South Australia at the Australasian Auctioneering Championships in New Zealand in October. Simon Jones from Harcourts Plus finished in second place and…
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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…
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NEWS
Unique mystery shopping concept introduced by REISA to validate excellence awards submissions
REISA CEO Greg Troughton is a fan of Edward R Murrow, the famous American journalist, who once said “we cannot make good news out of bad practice”. The recent REISA Awards for Excellence introduced a new concept – the mystery shopper. This is because, as Troughton says, you can’t hand someone an award based on a written submission if the…
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INDUSTRY NEWS
Stamp duty is a “monster” tax that traps people, says REISA President Alex Ouwens after slow third quarter
REISA President Alex Ouwens said the results were not surprising given the third quarter is a traditionally slow period for sales. The figures showed a slight decrease in the median price from the previous quarter but also showed a 2.27% increase over the same quarter last year. In the September quarter, 4,028 houses settled across the Adelaide metropolitan area which…
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INDUSTRY NEWS
South Australia celebrates high achievers at REISA Awards
REISA CEO, Greg Troughton, said the Awards are the pinnacle of real estate achievement in South Australia and highlight the passion and dedication that the real estate profession shows to its clients and consumers. “These are the most prestigious and recognised awards for real estate professionals in South Australia. We undertake a rigorous nomination, qualifying and judging process to ensure…
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NEWS
REISA market update second quarter 2017
Following the release of the Valuer-General’s median house price data for the 2017 July quarter, REISA CEO Mr Greg Troughton said that sales were up across the entire State with metropolitan Adelaide recording a solid 6.9 per cent increase in sales over the last three months. “It is fantastic that sales have soared in the June quarter and this just…
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Elite Agent
REISA’s awards night honours SA’s best real estate agents
The Real Estate of South Australia (REISA) awards ceremony will recognise some of the state’s best agents, and this year with two new initiatives. REISA’s chief Greg Troughton said the awards first new initiative would be through the introduction of a mystery shopper while the second one would look at placing a requirement for sales professionals to provide the judges…
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National
REISA wants stamp duty abolished to stop the state’s brightest from moving to the Eastern states
The Real Estate Institute of South Australia (REISA) wants its state government to replicate the move taken by the Victorian authorities in abolishing stamp duty for first homebuyers as it strongly believes the step would stem the outflow a huge brain drain from moving interstate. “The state government is always seeking ways of making South Australia more attractive to our brightest…
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NEWS
REISA announces winner of 2016 Auctioneering Championships
REISA’s second Auctioneering Championships concluded on the eve of Thursday, July 21st with a Gala Presentation Dinner at the Stamford Grand Glenelg. Toop & Toop’s Bronte Manuel took out first place – for the second year in a row – and will represent REISA at the Australasian Auctioneering Championships in Alice Springs. LJ Hooker’s Michael Fenn finished in second place and will also…
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INDUSTRY NEWS
South Australian property prices hit a record high
South Australian property continues to go from strength to strength with new data showing the median price has again made a new record high.
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INDUSTRY NEWS
Adelaide house prices hit a new record high of $700,000
Adelaide’s property market has been arguably the best performed over the past few years, with the median house price hitting another record high in June.
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INDUSTRY NEWS
South Australia bans rent bidding
The South Australian government has followed New South Wales’ lead and outlawed rent bidding in the hope it will help ease some pressure on the rental crisis.
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INDUSTRY NEWS
South Australia notches a new record despite declining sales
The South Australian property market posted a record new median price during the December quarter despite a decline in the volume of sales, the Real Estate Institute of South Australia says.
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NEWS
South Australian property remains steady as rates rise
Despite rising “economic uncertainty”, the South Australian property market continues to be the strongest in the country.
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OPINION
Why reducing your fees is not the answer
I recently attended a seminar presented by REISA, Macquarie Bank and BDO. Drawing from the research that was presented, I would like to share my observations on what is happening in the current market, and how you can prepare your agency for a possible downturn.
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INDUSTRY NEWS
Adelaide property prices starting to cool after a record run
The daily number of sales in metropolitan Adelaide has fallen dramatically this year, reverting back to pre-pandemic levels, according to new data.
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INDUSTRY NEWS
South Australian property continues to buck the trend
The South Australian property market continues to show “resilience”, extending its record-breaking run of quarterly price increases.
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NEWS
What’s good and what’s not in the 2022 Federal Budget
Tuesday's Federal Budget had an overarching theme of reducing the cost of living and come Wednesday morning the real estate sector weighed in what it liked and didn't like about Treasurer Josh Frydenberg's balance sheet.
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INDUSTRY NEWS
Russian-Ukraine crisis to hit housing affordability
The conflict between Russia and Ukraine will hit Australians in the hip pocket which could weigh on housing affordability.
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EVENTS
33-hour real estate Zoom training session to raise funds for Hands Across the Water
The real estate industry is known for 'making money' but it's equally as philanthropic. One cause close to a lot of hearts is Hands Across the Water, a charity dedicated to providing shelter for orphaned children in Thailand. Elite Agent Managing Editor Samantha McLean and Digital Live's Steve Carroll are joining forces with the industry to host a world record,…
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INDUSTRY NEWS
Double-digit increase for SA house prices
The strength of South Australia’s property market has been revealed, with data from the Valuer-General indicating median house prices in the state increased 16.78 per cent in the 12 months to December 2021.
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INDUSTRY NEWS
Omicron hits the real estate sector
With more than 600,000 active cases of Covid in Australia, and the Omicron variant surging across the country, the impact on the real estate sector is now becoming more evident. From staff shortages to legal implications and a slowdown in the rental market, this is what the nation’s real estate institutes are hearing from their members… Real Estate Institute of…
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NEWS
Metro Adelaide sets new record for median price
Metropolitan Adelaide has recorded a record-breaking median price increase of 13.82 per cent year-on-year, up 3.7 per cent from the previous quarter, according to new data. The new median price for the region has climbed to $560,000, which is also a record, the data revealed. The Real Estate Institute of South Australia’s Valuer-General’s price data for the 2021 September quarter…
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NEWS
Interstate buyers aren’t slowing down in South Australia
New REISA data has shown continued net interstate immigration gains throughout regional and metro South Australia
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NEWS
Female real estate agents sweep the REIA awards
The winners of the 2021 Real Estate Institute of Australia National Awards for Excellence have been announced. Female real estate agents swept the board, winning eight out of 11 of the individual agent categories. REIA President Adrian Kelly said that from the 83 finalists there was an increase in female candidates in the different categories from previous years. OBrien Real…
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NEWS
SA sees massive increase in buyers from interstate
Real Estate Institute of South Australia Chief Executive Officer Barry Money says that REISA’s statistics reveal a sizeable lift in the number of residential properties purchased by buyers whose primary address is outside of South Australia. “We compared the numbers in our own unique data set from January through April with those from the same first four months of 2020,…
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Elite Agent
Oliver Bowler: Referral and repeat clients drive my business
Years in the industry? Seven, I started at Ouwens Casserly in April 2013. What’s a special place in your local area? Norwood Oval. I was born on Woods Street and love the buzz of the parade on a Friday night when the footy is on. The atmosphere at the oval and the surrounding pubs and restaurants can’t be beaten. Did you choose…
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NEWS
The Real Estate Institutes respond to COVID-19 impact on Australian property
As the far-reaching impacts of COVID-19 continue to be felt, the heads of the nation’s Real Estate Institutes have had their say on how they expect it will impact the Australian property industry. Responding to Ripehouse Advisory’s Whitepaper COVID-19 vs Australian Property, most industry heads are on the same page, remaining cautiously optimistic. Across the board, the consensus has been…
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NEWS
Real Estate industry unites to support victims of the bushfire crisis
Within days of launch, almost 30 real estate industry brands have united behind the Beyond the Bricks campaign as part of an industry-wide response to the devastation caused by the bushfires. With a focus on a three-phase response that encompasses the pillars of ‘relief, rebuild, restore’, the group has already pledged more than $900,000 with four preferred charities flagged for…
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