News Room
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Franchise News
The Agency implements measures to protect jobs and ensure team retention
The Agency Group has announced a raft of business continuity measures to ensure staff retention during the current COVID-19 pandemic. Noting the measures had been welcomed by the vast majority of its staff, they said the initiatives would have no impact on group's ability to deliver industry-leading real estate services to its clients, property agents,…
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Real Estate Industry News
Victorian property sells $52k over reserve with Openn Negotiation
Online real estate auction platform Openn Negotiation has reported a successful weekend as the industry turns to the online realm for property auctions. Open Negotiation said its first sale for the weekend occurred at 6pm Friday night, shepherding in a positive weekend of activity. “34 Maitland Street, Geelong West, Victoria has just been successfully sold…
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Industry News
Property valuers call for equity release during COVID-19 crisis
Australia’s largest independent property valuation and advisory firm has called for easier access to existing equity in homes and investment properties would to ease financial pressure for Aussies during the COVID-19 crisis. Herron Todd White CEO Gary Brinkworth said both the government and regulators must urgently work with financiers to unlock this source of stored…
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Industry News
REIA announces 2020 REIA National Awards for Excellence winners
The Real Estate Institute of Australia (REIA) announce the winners of the 15th National Awards for Excellence. Due to the measures currently in place surrounding COVID-19, the event planned to be held in Darwin on 2 April 2020 was cancelled. REIA President Adrian Kelly said whilst this was disappointing it was inevitable for the safety and wellbeing of all concerned. …
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Industry News
realestate.com.au launches digital inspections
realestate.com.au has announced the launch of a new digital feature to support real estate agents. The move is in response to the government's stricter social distancing measures and allows agents to connect with more consumers in a way that reflects today’s environment with limited social interactions. In light of new government restrictions on group open-for-inspections,…
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Elite Agent
How to make your business more financially resilient
John Knight is a qualified accountant and business strategist who shared his tips on business resilience in the face of Coronavirus with Sam McLean
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Franchise News
Ray White lobbies for ‘essential’ real estate services
The Ray White Group, along with all major real estate brands, is set to lobby the Federal Government in order for its national members to be deemed an “essential service”, the same as the financial services industry, in a bid to prevent a catastrophic fallout in the property sector. Ray White Group Managing Director Dan…
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Industry News
Conduct of open homes and public auctions by real estate agents
On Sunday night, the Prime Minister made it very clear that all Australians should immediately cease unnecessary travel and cease all unnecessary social interaction in order to limit the spread of the Coronavirus. With this in mind, the Real Estate Institute of Australia is now calling on all real estate agents across Australia to make…
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Industry News
REIA Awards for Excellence cancelled
The recently postponed REIA National Awards for Excellence have now been cancelled completely for 2020. President Adrian Kelly said, considering all the unknown factors of the coronavirus pandemic, it was the wisest course of action to take. “Postponing the awards until October is still too risky when we don’t know what the future holds, particularly…
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Elite Agent
REIQ announces their best of the best for 2020
Shining a spotlight on the Queensland real estate industry’s top performers, the 2020 REIQ Awards for Excellence are offered each year by The Real Estate Institute of Queensland (REIQ) in recognition of outstanding achievement. The REIQ Awards for Excellence are an annual all-encompassing awards program that encourage and promote excellence, leadership, best practice and innovation,…
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Franchise News
A new way of doing business is crucial: Ouwens Casserly
Ouwens Casserly Real Estate is looking to be among the industry leaders in response to coronavirus, with staff already trialling remote working arrangements to service a strong South Australian property market. From last Thursday, Ouwens Casserly Real Estate began trialling remote working arrangements for its 100+ staff, who are usually based at six sites across…
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Franchise News
‘New normal’ continues to create competition at auction
The agility of Ray White members to adapt to the new rules surrounding large gatherings passed its first hurdle this week with many successful auction events safely held across the country. Ray White's members had 101 auctions scheduled on Wednesday night and the early indications are that 69 per cent have sold, with more 3.8…
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Franchise News
VR real estate group offers support to industry facing changes during pandemic
A real estate company that operates virtually contact-free is offering to share its secrets with others in the industry as it stares down the barrel of uncertainty due to the coronavirus outbreak. Although they never predicted a pandemic, Kindred Property Group had already developed virtual property tours on more than 90 per cent of its…
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Franchise News
Realmark makes proactive move online
A recent investment in technology will come to the fore at WA's Realmark Group should the need arise to work remotely as a result of the coronavirus pandemic. The Realmark Group has worked to proactively implement working from home for teams, rolling out procedures and policies last week to ensure they were working in the…
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Industry News
Vendor Paid Advertising works – don’t kill it
The emerging trend of 'off-market' sales is putting some vendors at risk of underselling their properties, one real estate CEO has warned the industry. Starr Partners CEO Douglas Driscoll said it's not inconceivable that some people could be underselling their homes by as much as five per cent, which, on a $1 million property –…
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Industry News
REIV works with Government to assist landlords and tenants
With real estate agents, landlords and tenants all facing uncertainty due to the spread of coronavirus, the Real Estate Institute of Victoria is investigating concerns from conducting inspections safely through to dealing with rental arrears. REIV is seeking clarification from Consumer Affairs Victoria regarding some current practical matters to provide some clarity to all stakeholders.…
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Elite Agent
REIWA calls for safeguards in wake of coronavirus
REIWA is urging the state government to consider additional rent assistance for residential tenants who lose their jobs and safeguards for landlords if the tenant can no longer afford to pay rent as a result of the coronavirus pandemic. It comes as welfare and arts bodies call for a ban on housing evictions over the…
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Elite Agent
AREC 2020 deferred due to virus
Total Real Estate Training (TRET) has today advised that due to the risks associated with the Coronavirus pandemic, The Australasian Real Estate Conference (AREC 2020) that was to have been held on the Gold Coast on Sunday 31st May and Monday, June 1, will be deferred. Nichola Byrne, General Manager of TRET, the organiser of…
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Franchise News
Barry Plant celebrates history and growth
The Barry Plant brand is celebrating both its history and its future, with the first dedicated commercial sales office opening in Melbourne as Barry Plant Reservoir marks 41 years in the industry. Located on St Kilda Road right on the edge of Melbourne’s CBD, the commercial sales office is the only dedicated commercial office in…
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Franchise News
RE/MAX recognise leaders at R4, Las Vegas
Twenty-eight Australian and New Zealand RE/MAX members last month travelled to Las Vegas for the 47th annual R4 Convention. Offering the opportunity to rub shoulders with thousands of the network's agents, owners and affiliates the agents, the convention also saw numerous Australian and New Zealand teams recognised with awards. RE/MAX Australia's Daniel Burrett from Toowoomba was…
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Franchise News
NSW GEM Award winners announced
First National Real Estate's NSW estate agents celebrated a year of success at their General Excellence and Marketing Awards on Saturday night. The awards recognised the outcomes achieved by the state's agents throughout 2019, with top 10 individuals and offices now vying for National GEM Awards, which are announced in May.Agents reaching the national top…
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Franchise News
Perth CBD leads the way as office market gains momentum
The Perth office markets are gaining momentum despite little improvement in Western Australia's employment and population situation, according to Ray White’s latest Between the Lines commercial research. The report notes that, after several years of reduced sentiment and pressure on the office markets, Perth has started its recovery mode.“During the latter part of 2019, we’ve seen…
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Franchise News
LJ Hooker launches new brand tagline
LJ Hooker has announced its new brand tagline which looks to connect with consumers of today during their big life moments, such as buying or selling their home. The new tagline ‘When you know, you know’ empowers the consumer and refers to the instinctual side of decision-making, while also encapsulating LJ Hooker’s industry knowledge and…
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Industry News
realtor.com to show three value estimates for sale and off-market homes
In the US, realtor.com has announced it will now display estimated property values from three widely respected sources on for-sale and off-market properties. To provide more insight into a home's value, realtor.com is partnering with the same trusted data providers used by lenders and insurance companies to estimate a property's value. While not an appraisal, this data…
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Franchise News
McGrath trials coronavirus safety plan
McGrath Limited is proactively trying out a safe working environment should the need for staff to work remotely arise in the wake coronavirus outbreak. While the real estate company hasn't been impacted by the crisis internally, McGrath CEO Geoff Lucas said they want to proactively plan and test operating systems to ensure the business continues…
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Elite Agent
Ray White plans pawsome day to connect with community
Property group Ray White is planning a national Backyard Pooch Party event with offices across the country joining in to raise funds for various animal focused charities such as RSPCA and the World Wildlife Fund. Held at local parks and open to anyone to join on March 29 across Australia, will consist of a picnic…
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ACT
Hannah Gill named an ACT Telstra Business Woman of the Year
The Managing Director of a Canberra property management business has been named as one of five Telstra Business Women of the Year in the Australian Capital Territory. Independent Property Management's Hannah Gill won the medium and large business award this week and will go on to the National Awards in Sydney in May. Ms Gill…
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Industry News
14 Aussie wine regions set to outperform Sydney’s market
New research by national advisory firm Propertyology has revealed there are 14 wine-producing regions where property price growth looks set to keep outperforming the Sydney market. Head of research at Propertyology, Simon Pressley, said investors who’d already removed their regional biases and actually studied the data had been well rewarded. “I’ve run the numbers and…
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Industry News
Realtor.com’s introduces noise indicator
There are many things you can determine from a property listing - a home's size, location, aesthetics, school districts and much more. However, there are some things you simply can't see - such as how noisy or quiet a property may be. That's why US real estate listings website, realtor.com has introduced a new noise…
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Franchise News
Raine & Horne agent to take a belting for a good cause
A leading real estate agent from Sydney’s Eastern Suburbs will step into the boxing ring for the first time this month in a quest to raise $10,000 to support the fight against brain cancer. Patrick Cosgrove, associate director of Raine & Horne Double Bay, will take on his first amateur fight on Friday, 20 March…
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Industry News
Melbourne and Sydney dominate luxury price growth
Luxury residential price growth in Australia is highest in Sydney and Melbourne, according to the results of the Prime International Residential Index (PIRI 100) in Knight Frank’s The Wealth Report 2020, released today. The PIRI 100, which tracks the movement of luxury residential prices in 100 cities and second home markets globally between December 2018…
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Industry News
Adrian’s calling it for the kids
Whipping up a crowd is second nature for legendary Melbourne auctioneer Adrian Butera of Compton Green. With 4500 auctions under his belt, he knows a thing or two about the game and he’s addicted to the thrill of the bidding. Like any seasoned performer, however, he says there are shows and then there are shows.…
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Industry News
WA GEM Awards winners announced
First National Real Estate's Western Australia estate agents were presented with their General Excellence and Marketing Awards at Crown Perth on Friday night. The awards celebrated the outcomes achieved by the state's agents throughout 2019, with top 10 individuals and offices now vying for National GEM Awards, which are announced in May. Agents reaching the…
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Industry News
Interstate landlords left in the lurch: REIV
REIV President Leah Calnan says a recent decision by the Court of Appeal, stating VCAT cannot rule on cases where the landlord resides outside of Victoria will create more questions than answers. VCAT has been the common arena for rental disputes within Victoria since its inception, regardless of where the landlord resides. The Victorian Court…
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Industry News
Farewell to Jock Kreitals, CEO REIA
REIA CEO Jock Kreitals is set to bid farewell after five years at the helm of the organisation and 12 years in total at the Real Estate Institute of Australia. President, Adrian Kelly said he has been very appreciative of Mr Kreitals’ contribution over the past decade and thankful for the excellent shape that he…
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