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Real Estate News
Leah Calnan takes the reigns at REIV
Leah Calnan has been elected as the new president of the Real Estate Institute of Victoria, for the 2019-2020 term. Ms Calnan has served as Vice President and Senior Vice President over the past two years and replaces Robyn Waters, who stepped down following a successful term as President. Ms Calnan is a titan of the property management and rental…
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Real Estate News
McGrath grows its Sydney northside footprint
McGrath Limited(ASX:MEA) today announced that top real estate professionals, Craig and Sharon Ireson would join McGrath located in Sydney’s Castle Cove region of the North Shore. CEO Geoff Lucas said that this was another important move for the company. “This illustrates our commitment to the continued expansion in such an important market. We regard the…
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Real Estate News
RE/MAX U takes on Sydney
Two experienced real estate agents have joined RE/MAX to expand the global brand’s presence in the Sydney market. Cooper Wang and Sam Girgis are on the RE/MAX U team, a sales agent-focused framework that helps agents transition into business ownership. RE/MAX Australia Director Josh Davoren said RE/MAX U was a specialised unit within the network…
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Real Estate News
BizCover offers Qantas Points on Business Insurance
Business insurance provider, BizCover, has announced an exclusive partnership with Qantas Business Rewards, allowing its customers to earn Qantas Points on small business insurance. The partnership between BizCover and Qantas Business Rewards is an opportunity for small business owners to capitalise on an ecosystem of partners that reward customers for spending money on their everyday business expenses with Qantas Points.…
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Real Estate News
HIA supports next steps for First Home Loan Deposit Scheme
The Housing Industry Association of Australia (HIA) has indicated its support for the First Home Loan Deposit Scheme after legislation was passed in the Senate on Tuesday. “Housing is a national priority and HIA welcomes the Senate passing legislation that will facilitate the next step in making the First Home Loan Deposit Scheme a reality,” stated HIA Managing Director, Graham…
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Real Estate News
Ray White Plympton relocate to Glenelg
The highly successful and experienced team at Ray White Plympton have officially commenced trading at their new home in the heart of Glenelg. Located in one of Adelaide’s most dynamic real estate markets, Ray White Glenelg’s new directors Adam Keane, Matt Dickinson and Justin Kurenda are excited about the opportunities this relocation will bring to the business. “Ray White Glenelg…
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Real Estate News
Real estate team celebrates new home
Clients, real estate peers and business associates attended a celebratory event this month at RE/MAX ACPA’s new premises in Williams Landing, a suburb 19 kilometres south west of Melbourne’s CBD. Leon Lee and Jason Chen The iconic RE/MAX balloon and bright RE/MAX colours are prominent at the new office, which broker owner Leon Lee says will provide a more convenient…
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Real Estate News
Belle Property Samford under new leadership
Belle Property Samford is under new leadership with highly rewarded Leigh Hutton taking ownership of the South-East Queensland based business. Leigh, who has been working as a sales agent at Belle Property Samford since 2017, plans to build on the strong track record of the business, while finding new and innovative ways to service its…
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Real Estate News
Auction Market Recap: The buyers return with force
With the footy finals out of the way, property buyers across the nation were out in force over the weekend, pushing the auction clearance rate straight back up to pre-finals levels. Sydney’s preliminary clearance rate surged back above 80 to finish at 82.3 per cent, while Melbourne was equally strong at 76.7 per cent, according to the latest CoreLogic data.…
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Real Estate News
Top local agents open Ray White Pomona Hinterland
Successful operators, Phil and Sam Hargrave have opened the new Ray White Pomona Hinterland in the heart of their local market on the Sunshine Coast. With over 30 years of real estate experience between them, Phil and Sam are a welcome addition to the Ray White family. They have both formed strong relationships with their local community and believe this…
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Real Estate News
A move that signals the new dawn for McGrath
McGrath Limited (ASX: MEA) has moved their Corporate Headquarters to a 1,745 sqm office space in Pyrmont, as an important pillar in its turnaround strategy. In line with this move, it has also rebased its sales and property management teams previously operating out of its former Edgecliff location to both Double Bay and Surry Hills.
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Real Estate News
NGU Real Estate goes platinum with launch of 10th office
NGU Real Estate is celebrating the launch of its 10th office within just four years of operation with the opening of NGU Real Estate Platinum in Brisbane’s booming western corridor. The new office, based in the heart of the family-friendly suburb of Jindalee, is headed up by Centenary Suburbs experts Chris Foenander and Helen Saba. “Helen and I are very…
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Real Estate News
ACCC inquiry into residential mortgage prices
The Australian Competition and Consumer Commission (ACCC) is to undertake an inquiry into the pricing of residential mortgage products. The ACCC inquiry will ensure the pricing practices of Australia’s financial institutions are better understood and made more transparent by; Investigating the prices charged for residential mortgages across the entire market, including by major banks, smaller banks, and non-bank lenders,Considering how…
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Commercial Real Estate
Three new agents appointed to Knight Frank’s Brisbane office leasing team
KNIGHT Frank’s Brisbane office leasing team is expanding in a vote of confidence in the strength of the city’s commercial market in both the CBD and fringe. Three agents have joined the team, including: Matt O’ Brien - Senior Leasing Executive (formerly at Elders Commercial)Sebastian Fahey - Leasing Executive (formerly Knight Frank on the Gold…
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Real Estate News
Husband and wife team take the reins at Raine & Horne North Lakes
Experienced sales agents Tony and Nadine Wilkie are the new principals of Raine & Horne North Lakes, following an approach from former owner Gina Wells. Ms Wells, who commenced with Raine & Horne in 2002, will continue to lead the successful Burpengary and Morayfield offices. Mr Wilkie, who started in real estate in 2009 after…
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Real Estate News
$320,000+ donated in support of sick kids
First National Real Estate's ongoing support of Ride for Sick Kids has seen the member-driven cooperative network now donate in excess of $320,000 as part of its community sponsorship programme, with the support of First National Foundation. The network has supported the excellent work done by Ronald McDonald House Charities for more than six years, and this year's…
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Real Estate News
Longstanding beachside specialist joins LJ Hooker
Longstanding beachside property specialist Perry Brosnan has made the move to LJ Hooker as part of its relaunched Mermaid Beach agency. With almost two decades in the industry, Mr Brosnan has sold more than 600 properties in the sought-after strip between Mermaid Beach and Miami. His prestige experience spans more than 70 sales along Miami’s…
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Real Estate News
REIWA award-winning Peter Clements and his team join Eview Group
Hot on the heels of winning REIWA small residential agency of the year and personally taking out the title of residential salesperson of the year, Peter Clements and his team have joined the Eview Group. Thrilled with the recent accolades, Mr Clements said he was honoured to be recognised with awards that illustrated his team…
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Real Estate News
NSW: Short-term rentals and changes to regulations
The short-term accommodation market, including renting property through platforms like Airbnb and Stayz, has proved lucrative for many property owners in NSW. Sydney ranks as one of Airbnb’s top 10 cities for most properties on the platform and NSW accounts for about half of the $31.3 billion the short-term industry was estimated to be worth nation-wide in 2016. Changes to…
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Real Estate News
New agency combining innovation and customer experience
In a short period of time, Edward Smyth and has made a big name for himself in real estate on the Gold Coast. So much so that he and his business partner Karen Stewart have recently launched their own agency, Stewart & Smyth. Karen and Edward met when Karen sold Edward a house. The pair clicked instantly and decided they…
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Real Estate News
Ray White Apartment Collective puts dozens under the hammer
More than 40 properties across Queensland, Victoria and Western Australia will go under the hammer between 14-18 October for Ray White’s second Apartment Collective. The initiative is designed to create competition across certain capital cities in Australia with one of the leaders of the Collective, Ray White Network Performance Executive Benjamin Burling, calling the event “a point of difference”. “The…
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Real Estate News
Australia’s six-star family estate for sale
Australia’s unrivalled six-star luxury riverfront property is on the market in Perth. The resort-style oasis at 89 Watkins Road, Dalkeith is famed for its impeccable lush grounds complete with orchards, tennis court and picture perfect 25m swimming pool. The 6406sqm estate is spread over six titles on a quiet cul-de-sac, overlooking the Swan River in Perth’s prominent waterside suburb of Dalkeith. The…
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Real Estate News
Proposed land tax changes would “devastate” SA market: REISA
The Real Estate Institute of South Australia (REISA) has made a submission to the State Government expressing deep concerns about proposed changes to the land tax regime, which it believes would cripple the SA market. The submission is a culmination of results of REISA’s Land Tax Member Survey and reaction by its members, who represent a broad range of property…
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Real Estate News
REIWA launches plan to boost WA’s economy
The Real Estate Institute of Western Australia has launched a six-point plan to attract buyers and investors back to the market following a dramatic decline in sales activity. The plan includes changes to stamp duty, reintroducing first home owner grants, and revoking the foreign owner duty surcharge. REIWA President Damian Collins said sales activity fell from 89,000 in 2005 to…
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Real Estate News
Whitehorse names real estate agent as best business
PhilipWebb Real Estate has won two accolades at the Whitehorse Excellence in Business Awards 2019. Hosted by Whitehorse Business Group, the awards recognise business leaders and innovators and their contributions to the local economy. Presented with the Large Business Award (51-100 employees), PhilipWebb also received top honours taking home the Overall Business Award. "Being honoured…
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Real Estate News
Jellis Craig rolls out new sales platform
Data-driven presentation platform SalesPreso has signed a deal with leading Victorian real estate agency group Jellis Craig that will see the sales technology rolled out across its network of 350-plus agents. SalesPreso co-founder Joel Thomson said the platform was a strong fit for the real estate industry, with REA Group, Domain, Vicinity Centres and now Jellis Craig, all implementing it.…
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Real Estate News
Hammer time for auctioneers’ annual showdown
Australia and New Zealand’s best auctioneers have been decided and are now set to compete at the annual Australasian Auctioneering Championships (AAC) later this month. State and territory Real Estate Institutes and the Real Estate Institute of New Zealand all completed their auctioneering competitions with their two best auctioneers qualifying for the competition at Melbourne’s Federation Square. REIA President Adrian…
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Real Estate News
New campaign demands ‘Solar for All’ Australians
A coalition of more than 20 community groups has launched a ‘Solar for All’ campaign, calling on state governments to end ‘solar lock-out’ and give all Australians access to safe and affordable energy. According to the groups, more than one third of Australians are locked out of access to clean energy because they rent, live in apartments, have unsuitable rooftops, or…
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Real Estate News
Sales agent commissions tied to vendor ratings
A Brisbane-based business has established the nation’s first carrot-and-stick agency model – and it gives clients direct influence on how much agents can earn. Under the model introduced by UrbanX, vendors can rate their sales agents, with the size of agent’s commissions on the line, if their service and results prove to be regularly sub-par. Head of UrbanX, Dan Argent,…
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Real Estate News
Banks slash fixed rates, pricing in Melbourne Cup cut
Tuesday 8 October, 2019: Three of the Big Four Banks have dropped rates on their fixed home loans in the past week, with NAB the latest major bank to cut its rates by up to 0.40 per cent today. In total, 17 lenders - including CBA and ANZ - have cut rates on fixed home loans…
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Real Estate News
RE/MAX 2Aspire to serve Pukekohe community
RE/MAX 2Aspire owners Peter and Maureen Strong have expanded their real estate business with the addition of an office in Pukekohe. The husband and wife real estate team opened RE/MAX 2Aspire in Waiuku in 2017, and now just two years later have opened their second office. “Ours is a real estate team with customers at its heart, giving great service…
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Real Estate News
New LJ Hooker office opens in the Southern Highlands
LJ Hooker has expanded its network in the Southern Highlands, with the opening of LJ Hooker Bowral. Experienced real estate specialist Sophie Desprez will head up the new office, which offers a full suite of real estate services across residential and rural properties including sales and property management. With 18 years’ experience in the real estate industry, including five in…
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Real Estate News
REA Group announces joint venture with 99.co in Singapore and Indonesia
REA Group has entered into a binding agreement to establish a joint venture (JV) with Singapore- headquartered digital property marketplace 99.co. The combined company will provide the most compelling property marketplaces in Singapore and Indonesia, while delivering the digital platforms to property professionals to help them grow their businesses. Core to the JV company will be harnessing the know-how and…
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Real Estate News
Coffs Coast locals open new Century 21 office
New office locations don’t come much better than Moonee Beach which lies in the centre of Coffs Harbour’s northern beaches, on the north coast of New South Wales. New Principals Darcien Kean and Michael Hall are both long-time locals and excited to have celebrated the official opening of their C21 office. Mr Kean has over 10 years’ experience in the…
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Real Estate News
New business geared towards first home buyers launches Sydney office
A game-changing real estate agency is opening Australia's first office geared specifically toward first-home buyers and investors. Sydney real-estate identity, Marites Novis is opening Qfirst Property Investment Group's first office in Blacktown after identifying a gap in the market. "I've found that in my many years of experience in the real estate industry, most first-home buyers and…
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