News Room
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APPOINTMENTS
X Commercial secures industry expert Darron Levin
X Commercial has secured a key signing for its agency and launched a new subdivision called X Commercial Capital as it continues its rapid growth trajectory. Darron Levin comes from Intera Group where he spent the past 10 years as general manager of property. He was instrumental in growing this into a billion-dollar institutional property company. Mr Levin has an MBA from UNSW and brings with him more than 20 years’ experience in commercial and retail management spanning various senior executive management roles in large property companies across the US, …
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INDUSTRY NEWS
The East Coast’s most affordable and liveable suburbs
Sydney and Melbourne are becoming opportune markets for buyers with a growing list of affordable suburbs according to a new report. …
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BTW
Experience makes all the difference for Raine & Horne’s Network Manager
Network Manager Celeste Kopps is making a mark on Raine & Horne's office network across NSW. …
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INDUSTRY NEWS
Auction numbers to bounce back after the Federal Election
Auction volumes are set to rise sharply this weekend following lower volumes last week as a result of the Federal election. …
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INDUSTRY NEWS
Innovators join forces: Propps and Agents’Agency strike partnership
PropTech game changer Propps has joined forces with the Agents’Agency to empower the independent real estate network’s agents with its innovative digital offer management system, driving new efficiencies for its people while enhancing the buying and selling process for its customers. …
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INDUSTRY NEWS
Cost of living pressures the leading concern for Australian voters
The cost of living, healthcare, and housing affordability are top of mind for Australians on the back of a Labor victory, according to new research. …
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COMMERCIAL
Foreign buyers behind half of 2022 commercial property investment
More than half of all commercial property sales in 2022 have been to overseas buyers according to new data from Ray White Commercial. …
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INDUSTRY NEWS
AI lead generation proves its power in regional areas
Concerns over whether Ai technology could work in regional areas are very common across real estate agencies doing business there. …
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FRANCHISE NEWS
People and property are the top priorities for new RE/MAX agent
Tracey Catley joins the sales team at RE/MAX Xtra in Paramatta with a track record of integrity, relationship-building and successful outcomes, and a diverse skillset honed across the pharmaceutical, retail and health and wellness sectors, prior to her move into real estate sales. …
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BTW
Home building to remain at capacity for the next year
Demand for new home building and renovations will remain high until at least June 2023 as many homes have been approved and are awaiting commencement. …
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INDUSTRY NEWS
Busselton is WA’s best performing regional centre in 2022
Busselton was the top-performing regional centre across WA during the March 2022 quarter, with prices increasing 5.5 per cent to $580,000. …
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INDUSTRY NEWS
Demand for industrial space sees vacancy rate hit 10-year low
Industrial and logistics properties across the east coast of Australia are seeing record demand with vacancy rates now at a decade low. …
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BTW
REIA congratulates incoming Albanese Government
REIA President Hayden Groves said the Help to Buy, Help to Supply and the National Housing and Homelessness Plan needed to be a critical priority. The Announcement: Real Estate Institute of Australia (REIA) has welcomed the Albanese Government on their victory and is looking forward to working with the new Cabinet to deal with housing supply and affordability. REIA President Hayden Groves said key policies including the ‘Help to Buy’ …
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INDUSTRY NEWS
Demand for Perth CBD office space continues to grow
Demand for office space in Perth continued to rise in the first quarter of 2022 according to new data. …
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INDUSTRY NEWS
NZ shows the first sign of a slowdown as profitable resales fall
The number of properties across New Zealand resold at a profit has fallen slightly in the first quarter of 2022, according to CoreLogic. …
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FRANCHISE NEWS
TRG squad in training for worthy cause
Super fit Ray White TRG managing director Jarryd Rubinstein has top agents Patrick Cosgrove and Oliver Lavers on a gruelling training regime in preparation to tackle the deadly Kokoda Track to raise money for brain cancer. …
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Celebrity Homes
Steve Bellotti’s Mosman masterpiece relaunches with $36-$38 million price guide
Former banker Steve Bellotti has relaunched his Mosman mansion with an eye-watering $36-$38 million price guide which would set a new suburb record should it sell. …
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INDUSTRY NEWS
Rising construction costs to weigh on builders and home buyers: HTW
Rising construction costs are ongoing labour shortages are putting increasing pressure on builders and new home buyers, according to the latest Herron Todd White (HTW) Month in Review. …
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INDUSTRY NEWS
Perth luxury market ‘gearing up’ for growth
Luxury property market prices in Perth are expected to soar in the second half of 2022, according to experts. …
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INDUSTRY NEWS
Tight rental conditions forcing rents higher
Tight rental conditions across the country will likely see rents continue to surge in a number of locations according to new analysis. …
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BTW
Ray White Upper North Shore strengthens its leadership team
One of Ray White's top international businesses, Ray White Upper North Shore, has added two real estate heavy hitters to its management team. …
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BEST PRACTICE
Now is the time to get your tax audit insurance sorted
As we head into Tax Time, many small businesses may face a tax audit after a turbulent couple of years. Real estate agents are not immune to having the ATO audit their books, and it can be a stressful and time-consuming event if you are not prepared. …
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INDUSTRY NEWS
Property flipping getting tougher as interest rates and building costs rise
Flipping property has been a solid investment strategy over the past 18 months, however, a leading buyers agent warns there are now additional risks that could make the practice less profitable. …
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Celebrity Homes
Qantas CEO Alan Joyce splashes out on Mosman mansion
Qantas Chief Executive Officer Alan Joyce has purchased a $19 million Mosman waterfront as he prepares to move out of his apartment at The Rocks. …
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FRANCHISE NEWS
Century 21 expands network with Byron Bay opening
The award-winning Century 21 Plateau Lifestyle Real Estate team are expanding their business with the opening of a second office in Byron Bay. Launching this month as Century 21 Byron Lifestyle, the office is located in the heart of the thriving Byron township. …
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INDUSTRY NEWS
Headhunter-style solution for rental applications
Inspect Real Estate has released a new innovation in leasing, and already it's producing results for agents. …
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COMMERCIAL
Set and forget commercial assets in high demand
The appeal of "set and forget" commercial assets remains incredibly high with a leading expert suggesting investors should consider specific assets such as data centres, childcare centres and fast food retailers in the current market. …
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INDUSTRY NEWS
Property price growth slows across regional Australia
Property prices across regional Australia are finally starting to show signs of easing after a record run of growth according to new data. …
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FRANCHISE NEWS
Andrew Pogue uses his community standing to start his own brand
As a well-known and respected member of the local Shepparton community, there was no better time for high-performing agent, Andrew Pogue to launch his own business powered by UrbanX. After following in his father's footsteps and entering the real estate industry 6 years ago, he has always wanted to run his own business and work for himself. …
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BTW
Power couple launch Harcourts Elite Group
Powerhouse couple Faziya Day and Mouzam Ali have realised a decade-long dream with the launch of the brand new Harcourts Elite Group on Logan Road, Underwood. …
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INDUSTRY NEWS
Sales activity starts to slow down across Tasmania
After a record 12 months for real estate sales across Tasmania, new data from the Real Estate Institute of Tasmania shows that sales and prices are beginning to slow. …
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BTW
Sun shines on LJ Hooker’s latest office opening
LJ Hooker has further expanded its network on Queensland’s Sunshine Coast with the opening of LJ Hooker Caloundra and Aura. …
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Weird and Wonderful
Venice penthouse for the price of a Sydney apartment
A historic Venice penthouse with stunning postcard views is on the market for roughly the same price as a luxury Sydney CBD apartment. …
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INDUSTRY NEWS
Strong WA economy to boost the local housing market
The latest State Budget for Western Australia has revealed a healthy local economy which should continue to boost residential house prices, according to the Real Estate Institute of WA (REIWA). …
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BTW
Top performer opens doors in Darwin
One of Darwin's highest performing real estate agents, Andrew Harding, has partnered with Australasia's largest property group to take the next step in his career, opening Ray White Darwin. …
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