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INDUSTRY NEWS
QLD real estate industry rallies as floods impact local housing market
The Real Estate Institute of Queensland (REIQ) has pledged its support to residents, businesses, and communities affected by the severe flooding in North Queensland.
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FEATURE INTERVIEWS
Michelle Rigg: empowering women and redefining property management leadership
Find out how Michelle Rigg is redefining property management by empowering women, championing flexibility, and breaking traditional industry norms.
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Celebrity Homes
Oil Billionaire Bill Koch lists Aspen estate for $125 million
Billionaire Bill Koch has listed his 52-acre (21-hectare) Aspen estate for an eye-watering $125 million (AUD $190 million), more than four times what he paid when he purchased the property for $26.5 million (AUD $40.2 million) in 2007.
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INTERNATIONAL
Investors favour apartments and hotels over offices as real estate market rebounds
The commercial property market began recovering in the second half of 2024, with investors shifting away from office buildings and favouring residential property, hotels, and warehouses, according to Morgan Stanley Capital International (MSCI).
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Celebrity Homes
Will Arnett lists Beverly Hills home for $22.5M ($36.1M AUD)
Actor and podcaster Will Arnett has put his Beverly Hills, California, residence on the market for $22.5 million USD (approximately $36.1 million AUD), following significant customisations to the luxury property.
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INDUSTRY NEWS
HIA calls for urgent action in Budget to tackle housing supply
The Housing Industry Association (HIA) has urged the Federal Government to use the 2025-2026 Budget to address Australia’s deepening housing crisis, warning that without major investment and reform, home ownership will slip further out of reach for many Australians.
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INTERNATIONAL
Manhattan’s biggest retail play since 2021 with US$200M Soho buy
Blackstone is set to acquire a $200 million (AUD $305 million) retail portfolio in Soho, marking the biggest investor-led retail purchase in Manhattan since 2021.
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Celebrity Homes
Former Saudi prince’s mansion sells for $263 million
The Holme, a 40-bedroom mansion in Regent’s Park once owned by the Saudi royal family, has been sold for £139 million (approximately AUD $263 million) in one of London’s largest-ever property sales.
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INTERNATIONAL
Luxury rentals dominate prime London market
The Prime Central London (PCL) lettings market demonstrated remarkable resilience in 2024, with luxury and short-term rentals thriving, according to Beauchamp Estates’ annual Prime Central London Lettings Survey.
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INDUSTRY NEWS
CPI decline raises hopes for borrowers
The latest Consumer Price Index (CPI) data shows a significant decline in inflation, bringing relief to borrowers and sparking optimism for an interest rate cut, but experts urge caution to maintain economic stability.
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Celebrity Homes
Ellen DeGeneres re-lists historic LA home at a discount after move to the UK
Ellen DeGeneres and Portia de Rossi have re-listed one of their last Los Angeles properties for $29.99 million (AUD $45.4 million), marking a significant price reduction from its previous listing of $33.9 million (AUD $51.4 million).
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FRANCHISE NEWS
Ben Chick celebrates 10 years with Explore Property
When Ben Chick opened the doors to Explore Property in January 2015, Mackay was reeling from a mining downturn, and the economy was at its lowest point. Despite the odds, Ben saw an opportunity to build something meaningful. Ten years later, Explore Property has grown from a small team of four to a thriving business of 30, establishing itself as…
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Celebrity Homes
Aussie James Bond bows out of local property market
George Lazenby, Australia’s only James Bond, has closed the chapter on his Australian real estate holdings with the sale of his final property in Crows Nest for $2.45 million.
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INTERNATIONAL
Single-family rents hit record high in US
The cost of renting a single-family home has reached an all-time high, sitting 20% above the average rent for multifamily apartments, according to Zillow’s latest market report.
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INDUSTRY NEWS
$10,000 apprenticeship incentive welcomed as key step in tackling housing crisis
The Property Council of Australia and the Housing Industry Association (HIA) have praised the federal government’s new $10,000 apprenticeship incentive, calling it a crucial measure to address the labour shortages hampering Australia’s housing goals.
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Celebrity Homes
Inside Villa Gucci: a $22.7M Roman masterpiece steeped in luxury and heritage
A magnificent $22.7 million AUD villa in Rome, once home to the iconic Gucci family, has entered the market, offering a rare mix of opulence, history, and panoramic views of the Eternal City.
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INTERNATIONAL
Trump’s return sparks surge in high-end home sales in Washington
Donald Trump’s second presidential term has transformed Washington, DC, into a hub for the wealthy and influential, fuelling a real estate frenzy.
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FEATURE INTERVIEWS
How generations negotiate: Boomers to Gen Z in the property market
From Baby Boomers planning their retirement to Gen Z first-time buyers, generational differences shape the way people negotiate and engage with the property market.
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INTERNATIONAL
Barron Trump steps into luxury real estate with new venture
Barron Trump, the youngest son of President Donald Trump, is making waves in the real estate world with the relaunch of his luxury development venture, Trump, Fulcher & Roxburgh Capital Inc.
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INDUSTRY NEWS
How workforce relocation trends could impact real estate agents
Australian companies could be facing a significant challenge in retaining skilled professionals, with 56 per cent of workers considering relocating within the next year.
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Mindset and Personal Development
The Setback Cycle: turning challenges into real estate success
Every real estate agent knows that setbacks are part of the job. Deals fall through, markets shift, clients change their minds. But what if those challenges weren’t just obstacles? What if they were opportunities for reinvention?
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INDUSTRY NEWS
Abu Dhabi and Ras Al Khaimah emerge as key real estate hotspots for 2025
The UAE’s real estate market is gearing up for a transformative year, with Abu Dhabi and Ras Al Khaimah (RAK) poised to become major investment destinations in 2025, driven by their affordability and robust infrastructure.
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INDUSTRY NEWS
Portable Bond Scheme proposed to relieve renters’ financial strain
The McKell Institute is calling on the federal government to adopt a National Portable Bond Scheme, a policy designed to ease the financial pressures faced by renters and provide a pathway to greater financial security.
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Celebrity Homes
Hemsworth neighbours list Byron Bay hinterland estate for $10 million
Tom and Emma Lane, renowned for their luxury property developments are bidding farewell to their Byron Bay hinterland estate.
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INTERNATIONAL
Spain proposes 100% tax on non-EU buyers amid housing crisis
Spain’s Prime Minister, Pedro Sánchez, has unveiled plans for a groundbreaking 100% tax on property purchases by non-EU residents.
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INDUSTRY NEWS
Trump’s policies and their potential impact on Australian real estate
Sydney-based real estate agent Tina O’Connor and the Economic Society of Australia have shared their insights on how the Trump administration might influence our real estate market.
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Celebrity Homes
UK singer lists stunning $10.5million Fulham home
Heidi Range, former Sugababes star, has listed her lavish Fulham home for £5.3 million ($10.5 million AUD).
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INDUSTRY NEWS
More than one-third of US homeowners say they’ll never sell
High housing costs are keeping many US homeowners firmly in place, with more than one-third (34%) saying they’ll never sell their homes, according to a recent Redfin-commissioned survey.
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FEATURE INTERVIEWS
How auctions transformed Josh Tesolin’s real estate game
Josh Tesolin, one of Australia’s highest-volume agent and an REA top-ranked performer in NSW, has redefined his approach to real estate by embracing an auction-only sales model.
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INTERNATIONAL
Gucci owner Kering secures $1.3 Billion in strategic Paris property sale
Luxury giant Kering, owner of brands like Gucci and Saint Laurent, has announced the sale of 60% stakes in three prime Paris properties to French private equity group Ardian for €837 million (approximately AUD 1.3 billion).
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Celebrity Homes
Take a peak into Hayden Panettiere’s childhood home in exclusive New York enclave
A charming residence in Palisades, NY, once home to actress Hayden Panettiere, is now on the market.
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INDUSTRY NEWS
Domain’s December 2024 House Price report: insights across Australia’s capital cities
Australia’s property market experienced a mix of resilience and deceleration in the final quarter of 2024.
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PROSPECTING + LISTING
Mastering the art of cold calling
For real estate agents, the first 10 seconds of a cold call can determine success or failure.
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Celebrity Homes
Body Shop mogul lists $10m Portsea estate
Graeme Wise, the visionary behind The Body Shop's arrival in Australia, and his wife Angelina are selling their magnificent Portsea estate on the Mornington Peninsula, with a price guide of $9.5m to $10m.
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INDUSTRY NEWS
TikTok ban looms in the US
The January 19 deadline for the US anticipated ban on TikTok and its China-based owner ByteDance is fast approaching, posing significant challenges for one in six real estate agents who rely on the platform for marketing, according to the National Association of Realtors (NAR).
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