Search Results for: eXp Australia
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COMMERCIAL
Luxury retailers expand their Australian presence
Luxury retailers are expanding their bricks and mortar footprint in Australia, with demand for luxury goods well ahead of pre-pandemic levels.
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SUPPLIER NEWS
Openn expands team across Australia and USA
Openn Negotiation Limited (‘Openn’ or ‘the Company’) (ASX: OPN) has expanded its Australian and US teams with the addition of Mr Michael Price and Mr Andre Vidic, bringing extensive property and technology sector experience to the Company, both of which will be pivotal to the expansion and scale up of the Openn business.
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INDUSTRY NEWS
Experts weigh in on the Reserve Bank of Australia’s rate-hold
On Tuesday afternoon, the Reserve Bank of Australia (RBA) announced the official cash rate was on hold, to mixed reactions. Economists and industry leaders have weighed in on the RBA’s announcements on social media, with many using Twitter to share their opinions. Economist and Monash University lecturer, Dr Isaac (Zac) Gross says the under-covered aspect of the RBA is the…
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NEWS
Expats are coming home to boost Australia’s already-soaring property market
Well-heeled expatriates returning to Australia are helping drive the nation’s booming property market to new highs, according to the Property Investment Professionals of Australia.
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NEWS
BHGRE expands to South Australia with big name signing
With close to 30 years’ experience selling property in Adelaide’s north-eastern suburbs, veteran Principal Anthony Ward, alongside wife Emma, have joined Better Homes and Gardens Real Estate (BHGRE). It is the lifestyle brand’s first foray into South Australia, having already established offices in the eastern states of New South Wales, Queensland, and Victoria. With a name already known by millions…
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NEWS
Australian expats looking to buy ‘back home’ in the luxury market
Australian expats are increasingly looking to purchase property ‘back home’ as the impact of Covid-19 unfolds, and many of those are looking to buy at the higher end of the residential market, according to a Knight Frank survey. The survey, carried out amongst Knight Frank’s global network of prime agents, found 64 per cent said the lockdown had influenced expats’…
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NEWS
C21 expands Western Australian presence
C21 has expanded its network with the opening of a new office in Canning Vale, south of Perth Strategically situated on the doorstep of one of Perth’s fastest growing suburbs of Southern River, Canning Vale, Harrisdale and the busy Canning Vale corridor, the C21 Resicomm office will be headed up by Simon Pattullo. Mr Pattullo, who was born and bred in…
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NEWS
Luxury residential property expert joins Knight Frank Australia
William Laing has taken on the role of Senior Sales Executive at Knight Frank’s head office after moving from The Agency in Sydney’s eastern suburbs, where he was a Property Partner. Mr Laing has experience selling luxury residential property across the Sydney basin, concentrating on the Eastern Suburbs and both the Upper and Lower North Shore. With a quality over…
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NEWS
Sotheby’s International Realty expands in Western Australia
On the back of highly-successful senior sales roles, Meryl Carter has been announced as new Director of Sotheby’s Riverside location in Western Australia. Ms Carter said her extensive experience, including working with luxury brands such as Bombardier Business Jets and in numerous sales director and general management roles in global firms, stands her in good stead for the new position.…
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NEWS
Co-living company Hmlet expands into Australia
Singapore-based co-living company Hmlet (pronounced ‘Hamlet’) has announced its March debut into the Australian market with the launch of two co-living properties in the Sydney suburbs of Newtown and Marrickville. This latest move marks the company’s second overseas location outside Singapore, with Hmlet on track to quadruple its members to more than 2,400 across Asia Pacific by the end of…
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SUPPLIER NEWS
Purplebricks evolves Australian offering with new customer experience
Purplebricks has announced a new service offering and experience for customers in Australia. Purplebricks Global COO Neil Tavender said the network were ‘excited’ about the changes they were implementing and the way it would drive the network forward in Australia. “In recent weeks, Kenny Bruce (Co-founder) and our leadership team have travelled the country to speak with all of our agents…
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INDUSTRY NEWS
Experts say Spring will predict how the Australian property will act over the next 12 months
The first weekend in September traditionally sees a boost in listings across the country, as the warmer weather hits and sellers begin to emerge. With the current listing numbers down significantly on the same time last year, the boom has well and truly worn off, and experts are predicting we’ll be able to see how the market will act over…
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INDUSTRY NEWS
The Agency continues its expansion in Western Australian with acquisition
The Agency has acquired Inglewood Estate Agency, further expanding its reach in the Western Australian property market. Through this acquisition, the network has added a portfolio of approximately 80 properties to its property management arm. Inglewood Estate Agency Principal, Mark Jewell, will also come across to join the team. Established in 1960, Inglewood Real Estate was a longstanding family business…
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SUPPLIER NEWS
Agentbox joins forces with UK-based Reapit Group to expand Australian offering
Leading Australian real estate CRM solution, Agentbox, have partnered with the Reapit Group to deliver comprehensive solutions across sales and property management in the Australian market. The Reapit Group is a leading provider of CRM and property management solutions in the UK residential real estate space. The combined company is backed by Accel-KKR, a technology-focused investment firm with $4.3 billion…
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FRANCHISE NEWS
Raine & Horne appoints international franchise expert to drive growth in South Australia
It was announced today that James Trimble has been appointed to the role of General Manager, Raine & Horne South Australia, in a move to strengthen the group’s position in the state. In the network’s 135th year of operation, the appointment is set to boost Raine & Horne’s central growth strategy in developing the existing network as well as attracting…
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FRANCHISE NEWS
Harcourts Expands into Key Western Australia Locations
Harcourts Group Australia has continued its expansion in Western Australia with three office openings in key Perth regional areas of Midvale, Wembley Downs and Bullsbrook. The Harcourts Phoenix team will be led by Mike Steadall and will service the Perth Foothills/Hills community, located in the suburbs east of Perth. With over 35 years of experience in sales and marketing at…
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NEWS
Rent.com.au snapshot of the market and Australia’s most expensive and cheapest places to rent
Key points Sydney’s house prices show no sign of falling; prices increased 3.33% to a median of $620/week – still the highest prices in the country by far. Rent.com.au’s October property data indicates the national median remained stable month-on-month; median prices unchanged for apartments, houses and price-per-room (rental affordability). After a downturn in apartment prices in September for Sydney, median…
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FRANCHISE NEWS
Is this Australia’s most expensive house?
Ray White Double Bay Director Craig Pontey expects the 3731sq m estate at 38B The Crescent, Vaucluse will set a new national record for its sheer scale and enviable deep waterfront access, tennis court, palatial home and jetty. Mr C K Ow, Chairman and Chief Executive Officer of Stamford Land Corporation Limited which owns and manages luxury hotels, commercial buildings…
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FRANCHISE NEWS
RE/MAX Australia continues to expand it’s presence
RE/MAX Australia continues to expand its national footprint with the addition of nine offices in the first half of 2017. This year, the network added Kingston in ACT, Lidcombe in NSW and three offices in Queensland: Wamuran, Indooroopilly and Sunnybank Hills. By the end of June, RE/MAX will also have added offices in Oxenford, Monterey Keys and Hendra in Queensland,…
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INDUSTRY NEWS
RBA expecting up to 800k fixed-rate loans to end in 2023
A senate committee looking into cost of living of living pressures has shed light on the size of the anticipated 'mortgage cliff' set to test the property market in 2023.
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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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INDUSTRY NEWS
If Australia follows the US into a tech downturn, these areas will be the most impacted
We may be in a cost of living crisis but we are certainly not in an employment crisis.
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FEATURE INTERVIEWS
5 questions with Fraser Lack, the Survivor ‘villain’ who wants to change the way Australians perceive real estate agents
Australian Survivor contestant and BigginScott Port Melbourne agent Fraser Lack may be playing a villain this season, but he's hoping to change perceptions of the industry with his appearance.
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INDUSTRY NEWS
December quarter inflation figures higher than expected
The Consumer Price Index rose 7.8 per cent in the 12 months to December, higher than the predicted 7.5 per cent, raising the likelihood that the Reserve Bank of Australia will hike the cash rate in February.
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INDUSTRY NEWS
Australia’s rich-listers buy and sell over Christmas
Australia's mega-rich have been buying and listing lavish properties during the Christmas-New Year period, with Atlassian Co-founder Scott Farquhar paying a whopping $130 million for the Point Piper trophy home ‘Uig Lodge’.
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INDUSTRY NEWS
Western Australia’s housing supply hits a new low
The number of properties for sale and rent in Western Australia hit a 12-year low in December, according to the Real Estate Institute of Western Australia.
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INDUSTRY NEWS
Foreign buyers look to Australia after Canada ban
Canada’s decision to shut the door on foreign buyers could prove a bonus for the Australian property market, according to experts.
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INDUSTRY NEWS
New population report reveals what Australia’s cities will look like in 2033
Melbourne remains on track to overtake Sydney as the country's largest city within the next decade, according to new modelling.
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APPOINTMENTS
Glenn Sanford appointed eXp Realty CEO again
Glenn Sanford has again been appointed as chief executive officer of eXp Realty, the virtual real estate brokerage he founded in 2009.
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INDUSTRY NEWS
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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INDUSTRY NEWS
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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INDUSTRY NEWS
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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COMMERCIAL
Commercial property in regional Australia to outperform
Commercial property in regional Australia is set to benefit from the changing demographics experienced during Covid with Queensland likely to be the big winner according to a new report.
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FRANCHISE NEWS
eXp delivers diverse revenue streams for agent
Victoria Nicholson’s sales career has hit a new high after partnering with the fast-expanding international agency eXp.
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INDUSTRY NEWS
Cash rate expected to rise again on Tuesday
The odds of another cash rate rise at this month’s Reserve Bank of Australia (RBA) meeting remain high, with 88 per cent of experts tipping another hike is on the cards.
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