Search Results for: Silicon Valley
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INDUSTRY NEWS
The real estate fallout from the Silicon Valley Bank collapse
Silicon Valley Bank, America’s 16th largest bank and a large source of funding for some prominent PropTech companies, has been dramatically shut down by regulators after depositors began pulling out their money.
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THE ELEVATE PODCAST
Episode 55: A guided tour of Silicon Valley: Inside Facebook, LinkedIn and Inman Connect with Steve Carroll
Guest Interview: Samantha McLean talks to Steve Carroll, Director of Industry Relations at realestate.com.au, about his visit to Facebook and LinkedIn HQ, his key takeaways from Inman Connect, and why AI, partnerships and personalised service will move real estate businesses forward. ‘Elevate’ is the official podcast of Elite Agent Magazine for real estate industry sales professionals, property managers, and leaders.…
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INDUSTRY NEWS
SVB collapse could be good for Aussie home owners
The collapse of Silicon Valley Bank in the US could spell good news for Australian mortgage holders, with one expert saying the RBA could pause interest rates as a result.
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THE ELEVATE PODCAST
Episode 79: How to growth hack your business like Uber and Facebook with Anton Babkov
Want to hack your way to growth like the big guns of Silicon Valley? In this week’s edition of the Elevate podcast, Anton Babkov, CEO of Rexlabs, explains the mechanics of how to use the measurement tool they use - The North Star Metric or NSM.
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INDUSTRY NEWS
Adam Neumann turns attention to new venture after WeWork collapse
Hot on the heels of the besieged WeWork being forced to file for bankruptcy, founder Adam Neumann has turned his attention to his newer real estate startup Flow.
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INDUSTRY NEWS
RBA hits pause on interest rates for now
After 10 straight rises the Reserve Bank of Australia has today elected to keep interest rates on hold, pausing the cash rate at 3.6 per cent.
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INDUSTRY NEWS
Experts weigh in on interest rate debate
More than one-third of experts in Finder’s RBA Cash Rate Survey believe the central bank will put the cash rate on hold at its meeting today.
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OPINION
Interest rate hold looks increasingly likely
There are four ways to predict interest rate changes.
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INDUSTRY NEWS
Global banking instability on the RBA’s radar
Instability in the global banking sector could cause the Reserve Bank of Australia to think more carefully about raising the cash rate next month according to a leading economist.
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INDUSTRY NEWS
High interest rates weigh on new homes sales
The record rise in interest rates is continuing to weigh on new home sales, while a better than expected jobs report could mean rate cuts might not be on the way.
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Celebrity Homes
Steph Curry pays over asking price for Florida vacation house
Fresh from leading the Golden State Warriors to a fourth NBA championship, Steph Curry has celebrated by picking up a Florida vacation home.
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Celebrity Homes
Elon Musk unloads his $130 million property portfolio
After declaring he would “own no house”, billionaire entrepreneur Elon Musk has made good on his promise and successfully unloaded his entire US$130 million property portfolio.
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THE ELEVATE PODCAST
Lessons from Google and Uber: Domain’s John Foong on leadership, learning, and building partnerships for success
From Google to Uber, Domain’s new Chief Revenue Officer John Foong has a resume that reads like the who’s who of the corporate world.
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Elite Agent
30 minutes with Domain’s John Foong: real estate the Australian way
The Australian real estate market is perfectly poised to take the best trends and features of big corporate in the US and amplify them to help agents build their brand and success. That’s the view of Domain’s new chief revenue officer John Foong, who joined the platform in Australia after almost 15 years with Google and Uber. Speaking exclusively to…
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SUPPLIER NEWS
REA Group expands its pathway for women in tech
REA Group’s Springboard to Tech Program has paved pathways for women in tech for the last three years, and applications are now open.
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NEWS
Propy completes the first auction of a property as a non-fungible token
US real estate platform Propy has completed the first auction of a property as a non-fungible token in a move that demonstrates how blockchain could change real estate in the future. Held in late June, the 24-hour auction involved a token for an apartment in the Ukraine which attracted 43 bids and sold for 36 ETH (or around US$93,000), with…
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Elite Agent
Tesla billionaire Elon Musk quits California and moves to Texas
After months of threatening to leave California, Silicon Valley billionaire Elon Musk has moved on to Texas. Musk confirmed to The Wall Street Journal that he has relocated to Texas, in a move further signalling his discontent with California’s regulatory environment. He said he had been planning the move for months, while Tesla and SpaceX will maintain operations in California. Musk pointed out…
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FRANCHISE NEWS
First National Real Estate Leadership Award finalists announced
Finalists have been selected for the First National Real Estate Leadership Award in the NSW/ACT Seven News Young Achiever Awards. The Awards aim to encourage, acknowledge and reward the achievements and valuable contribution young individuals make in their local communities. The Finalists are: Joe Harris, 22, of Matraville Joshua Gilbert, 27, of Gloucester Kate Fitzsimons, 26, of Cronulla Usman Iftikhar,…
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INDUSTRY NEWS
Smart Cities Week heading to Australia in October
How can data analytics enhance social wellbeing? How can Australia capitalise on the future of 5G? Where does the potential for PropTech lie? These are just three of the topics on offer at Australia’s first Smart Cities Week, heading to Sydney on 29-31 October 2018. The global Smart Cities Council team today released the program for Smart Cities Week Australia,…
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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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LEADERSHIP
SMARTER Goal Setting in 2018: Alison McGavin
As 2017 draws to a close, it’s time to think about 2018. What will this year look like to you? What do you want to achieve? We all have things that we want to achieve, whether that be growth within our business, monetary targets, a new job, a promotion, education and learning that we want to do but have…
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Elite Agent
Technology and Teamwork: Tracey Fellows, REA Group
TRACEY FELLOWS took some time out at AREC 2016 to speak with Elite Agent’s Editor Samantha McLean. A digital innovator through and through, Fellows has enjoyed roles as Executive GM of Communication Management Services at Australia Post and as Microsoft Vice-President for the Asia-Pacific Region before joining REA Group as Executive Director and CEO. TECHNOLOGY AND INNOVATION S: You went…
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Elite Agent
On The Inside: Learning From the Masters of Technology
AS MANAGING DIRECTOR OF the extremely successful Coronis Realty in Queensland, and with almost 30 years’ experience in the industry, you might think Andrew Coronis knew enough about the industry; but even he admits there is so much to learn and some very exciting times ahead for the property market. Here are some of the things he learned about the…
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