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Real Estate News
Ray White airs ‘The Great’ campaign on TV
For the first time in Ray White’s 117-year history, they have rolled out a national television advertising campaign, drawing on their “Great Australian Dream” brand drive and harnessing the talents of Australian actor Rhys Muldoon. With almost 800 offices under their banner, Ray White is the biggest property group in the nation, and has long been known as a powerhouse…
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Real Estate News
Leah Jay moves into the heart of Newcastle’s future
After 25 years in Hamilton, NSW, property management specialists, Leah Jay, are relocating to purpose-built offices in the new CBD of Newcastle. Officially opened on Monday, the new offices are located on the ground floor of the recenty-constructed ‘Gateway’ building in Newcastle West. Leah Jay’s Operations Manager and Director, Cassandra Lantry, explained the shift offered an opportunity to step into…
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Real Estate News
Rental management platform Cubbi launches Instant Payments
Rental management platform Cubbi has launched instant rental payments as part of a series of new features aimed at offering an improved rental experience for owners and tenants. Cubbi’s co-founder and co-CEO, Jason Gilbert explained many in the rental proptech space were focussed on taking property management online, but Cubbi’s new features were designed to address common issues encountered by…
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Real Estate News
Spirited rise in regional property markets
Distilleries are giving a spirited boost to the property markets in regional Victorian towns, according to an analysis by the Real Estate Institute of Victoria. REIV President Robyn Waters said the study showed that median house prices have soared over recent years in regional towns where distilleries have been established. “Victorians’ love affair with all things artisan has seen gin…
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Real Estate News
Top agent sets six street records
Warren Ginsberg has breathed new life into North Bondi’s property market after selling some $24 million worth of prestige property and setting six streets records along the way. Mr Ginsberg, from Ray White’s number one Australian office Ray White Double Bay, has set six new street records in the affluent suburb recently, despite what some commentators are calling a declining…
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Real Estate News
The Agency expands into Southern Highlands
The Agency’s Ben Olofsen, and Cameron McKillop of McKillop Property, are joining forces under The Agency banner to create a formidable operation across the Southern Highlands, Southern Tablelands and Wollondilly regions. Launching with 200 listings and a team of 15 agents and staff, this will be one of, if not the biggest, real estate operations in the area. The Agency…
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Real Estate News
Ouwens Casserly sleeps out for a good cause
It may have been one of the coldest nights of the year in Adelaide, but one real estate business had warm hearts as they more than doubled their fundraising goal for the Vinnies CEO Sleepout. Ouwens Casserly CEO Nathan Casserly was among about 100 CEOs who slept rough at the Wilson Car Park on Sultram Place at the weekend. Mr…
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FRANCHISE NEWS
Buxton and Beller form formidable partnership
Two of the most established companies in Victorian real estate, Buxton and Beller, have announced they will join forces under the Buxton brand. The Beller Group’s Windsor office, founded in 1994 and led by Beller Group Director Andrew Fawell, will on July 1 become Buxton Stonnington, bringing the company to a total of 24 offices across the state. While the…
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Real Estate News
More borrowers enticed to commit to a fixed term: Mortgage Choice
Demand for fixed rate home loans is on the rise as rates hit all-time lows and lenders target borrowers with aggressive discounting. According to Mortgage Choice’s national home loan approval data, fixed rate loans accounted for 22.47 per cent of all home loans written in May, and 21.81 per cent of all loans written in the past 12 months. Mortgage…
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Real Estate News
Barry Plant achieves 15 straight years of ‘Highly Recommended’ customer service status
For 15 years running, the Barry Plant Group has achieved an elite benchmark with every Barry Plant office receiving a ‘Highly Recommended’ status for excellence in customer service. The Barry Plant Croydon office led by Matt Jinks and James Brougham were also recognised as the overall National Winner at the 2019 Australian Achiever Awards with a near-perfect score of 99.86…
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Real Estate News
Brisbane agent ranked 9th commercial agent globally
An impressive 30 entries from Australia and New Zealand have made real estate giant RE/MAX’s Global Top 100 lists for the 2019 first quarter, with one Aussie agent ranking in the top 10. Brisbane-based commercial real estate specialist, Deepen Khagram came in at ninth spot in the Global Top 100 Commercial Agents list. Mr Khagram specialises in services stations and retail developments,…
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Real Estate News
Architectural gem smashes North Lakes suburb record
A spectacular architecturally-designed home in Brisbane’s north has smashed the suburb record for North Lakes, selling at pre-auction for $1,550,000. With incredible views overlooking the prestigious North Lakes Golf Resort, 16 Kennedy Court boasted a one-off design by McCarthy Homes on a large 832sqm block. The property was marketed and sold by Ray White North Lakes Principal Darren Suhle, who said it…
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Real Estate News
Port Macquarie and Crescent Head win big at Elders National Awards
Two NSW-based agencies run by Principal David Gray took home a record number of awards at the Elders National Awards recently. Elders Real Estate Port Macquarie and Elders Real Estate Crescent Head were recognised for their amazing performance in sales, growth and property management. They have gone from strength to strength in recent months, acquiring several new offices and bringing…
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How to Lead a Winning Team in 2018
Airbnb property management startup Hometime just scored $6 million from a new VC fund that offers debt
Sydney-based Airbnb property management services company Hometime has landed a $6 million debt and equity funding deal with Australian technology venture capital firm OneVentures. It’s the first deal from the new $100 million OneVentures Fund, launched less than 12 months ago. The fund is a partnership between OneVentures and Viola, the technology-focused Israeli venture credit fund. It’s also one of…
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Real Estate News
BresicWhitney to introduce new auction fee model
Sydney property group BresicWhitney is looking to save sellers when it comes to auction fees, introducing a new model which sees them only pay to secure an auction date rather than foot the bill for full auction fees up-front. The move is aimed at alleviating what BresicWhitney says is a big cost for sellers going to market. Rather than paying…
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Real Estate News
Perth home sets $4.73m sale record for online auction
A luxury Perth home has become the highest value property ever sold through the online auction platform, Openn Negotiation, with a winning bid of $4,727,776. Caro Cunningham from Mint Real Estate was the agent behind the record-breaking sale and says her sellers of 142A Victoria Avenue, Dalkeith are beyond happy with the result: “Selling in 20 days and above reserve…
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Real Estate News
Reed & Co event in Noosa raises over $100K for children’s hospital equipment
Noosa’s Reed & Co Estate Agents has played an instrumental role in raising more than $100,000 to purchase vital paediatric medical equipment for the Sunshine Coast region. The impressive tally was the result of the company’s inaugural Charity Gala held on Saturday, 15 June at Noosa Waterfront Restaurant. The event was conducted in collaboration with the LOYAL and Humpty Dumpty…
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Real Estate News
WA to host Home-Grown Heroes real estate conference
West Australian agents are set to enjoy a real estate conference specifically tailored for their needs, courtesy of the Home-Grown Heroes conference on August 14. To be held at Crown Perth, Home-Grown Heroes is a conference that focuses on local West Australian real estate agents who are making their mark. The event was inspired by real estate coach and agent…
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Real Estate News
Budget supports growing communities despite tightened purse strings
Treasurer Dominic Perrottet’s third NSW Budget delivers a record infrastructure spend, strong spending in health and education and a solid outlook for growth despite reduced stamp duty revenue, according to Property Council of Australia. A smaller surplus of $802 million in 2019-20 and averaging $1.7 billion in forward years, has produced a sensible budget, one that is a product of…
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Real Estate News
Ray White welcomes high performers James Levy and David Beveridge
Two of the highest performing agents on the Upper North Shore of Sydney have joined the award-winning team at Ray White Upper North Shore. With a combined 34 years’ experience in the industry, James Levy and David Beveridge have become two of the Upper North Shore’s leading agents. Having both worked at separate local agencies, Mr Levy and Mr Beveridge…
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Real Estate News
RE/MAX announces its top global performers
Global real estate giant, RE/MAX, has just announced its top performers for the 2019 first quarter, with a staggering 30 entries from Australia and New Zealand in the Global Top 100 lists. “Here the designation ‘Global’ represents all agents outside of the United States and Canada,” explained Michael Davoren, Managing Director of RE/MAX Australia and RE/MAX New Zealand, “which is…
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Real Estate News
The Agency achieves significant growth
The Agency Group has reported continued growth, notching up $402 million worth of property sales in April and May, and $34.8 million in year-to date Gross Commission Income (GCI) to the end of May, 2019. West Coast operations, which incorporate The Agency and SLP brands, achieved the highest GCI of $1.3m in May, while the group delivered a total of…
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Real Estate News
Bryce Bevan named REINSW’s top novice auctioneer
It was sheer determination that got Bryce Bevan over the line as he and more than 25 other novice auctioneers made their bids for the 2019 REINSW Novice Auctioneers Competition. Mr Bevan, a Bloodstock Consultant with Inglis, was crowned the champion in front of excited bidders, supporters and industry leaders at Sydney’s iconic Customs House recently. “I’m absolutely ecstatic to…
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Real Estate News
Wilson launches apartment-focused agency
Multi-award winning Real Estate Agent and entrepreneur Adrian Wilson has launched a new, innovative apartment-focused agency in Sydney City. Ayre Real Estate offers specialised services to the premium apartment market – an area which Mr Wilson believes has significant opportunity for improvement in the level of service, quality of marketing and specialist advice. “Buying, selling, renting or investing in apartments…
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Real Estate News
REIWA calls for WA to take action and abolish stamp duty
REIWA has welcomed Productivity Commission Chairman, Michael Brennan’s recommendation for state governments to abolish stamp duty and has strongly urged the Western Australian government to take action. REIWA President Damian Collins said stamp duty was an inefficient tax and one of the biggest imposts to home ownership. “Despite WA currently being the most affordable state in the nation, many still…
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Real Estate News
Stone Real Estate launches third Hunter Valley office
Boutique agency Stone Real Estate is expanding in the key New South Wales market of Hunter Valley, with the addition of a third office in the region. Stone Real Estate Kurri Kurri opened this week, just over a year after the launch of Stone Hunter Valley and Stone Lake Macquarie. Principal of all three Stone Hunter Valley offices David Tanchevski…
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Real Estate News
Dream come true for new RE/MAX Coast owners
A well-known Gold Coast real estate couple have taken over ownership of RE/MAX Coast, formerly Hartnell Realty, with big plans to move the business forward while retaining its family ties. Kevin and Lisa Brown said it was their dream to establish their real estate business in Ashmore, where their family (including nine-year-old twins and an almost-eight-year-old) has lived for 15…
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Real Estate 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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Real Estate News
Stars align for new RE/MAX Pokeno owners
An agent who made ‘Rookie of the Year’ in her first 12 months with RE/MAX has taken over ownership of the Pokeno office, bringing her passion for the local community to the business. Lisa Walden, who is now in her fourth year with RE/MAX, along with her husband Kevin, launched RE/MAX Stars at 68 Great South Road on 1 June…
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Real Estate News
Top sales performers recognised at the C21 Convention
At its annual Australasian Convention, Century 21 inducted Nickolas Dilles to its Hall of Fame and recognised top performers from within its network. Hamilton Island was the location of the 2019 Century 21 Convention, which saw attendees from across the business come together for three days of motivation, training, and networking. A key part of the convention was to recognise…
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Real Estate News
Partnership gives renters a fair go with bond
Renters will be empowered with greater financial flexibility and convenience when funding their next rental bond thanks to a joint venture between Australia’s leading rental property website and a finance company. Fair Go Finance has partnered with rent.com.au to develop and fund convenient financial products aimed at more than 600,000 renters who visit RENT’s App and website each month. The…
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Real Estate News
Agency director Sophie Lyon wins $60,000 to reinvent the rental experience
realestate.com.au has announced Jellis Craig Hawthorn Director, Sophie Lyon, is the winner of the inaugural Real Ideas Prize. The nationwide competition saw real estate industry professionals reimagine the rental experience in Australia and had a total prize pool of $100,000 up for grabs. Ms Lyon pitched ShowMeNow – an Uber style concept designed to make it easier for tenants looking…
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BEST PRACTICE
Don’t run the risk of having to pay for company debts yourself
Recent changes to company tax obligations could put company directors at increased risk of being personally liable for the Superannuation Guarantee Charge (SCG), according to legal experts Meyer Vandenberg Lawyers. They explain amendments to the Commonwealth legislation in April have extended the enforcement measures and decreased the reporting timeframes for a company’s SCG obligations. Meanwhile, further proposed legislation could have…
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Real Estate News
Simon Norris elected National President of the HIA
Housing Industry Association (HIA) National Vice President Simon Norris has been elected the industry body’s President following the recent departure of Pino Monaco. Mr Norris boasts more than two decade’s association with the HIA, including a former stint as Queensland President. “Simon’s involvement with the HIA has spanned over 20 years, in various roles including as Queensland Executive Committee member,…
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INDUSTRY NEWS
Short term growth forecasts for affordable suburbs
New research by research group sellorhold.com.au has uncovered 15 affordable suburbs around Australia, where they say buyers are tipped to make at least $50,000 in three years after offloading underperforming properties elsewhere. Head of Research Jeremy Sheppard said low growth forecasts were common in a number of suburbs in Darwin and Perth, which means that investors would likely be better…
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