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INDUSTRY NEWS
March 2019: RBA rates unchanged, industry responds
Yesterday (5 March 2019), the RBA Board decided to leave the cash rate unchanged at 1.50 per cent for its 27th consecutive meeting. Here’s a quick rundown of what went down! With respect to the housing market: After the earlier large run-up in prices, the adjustment in the Sydney and Melbourne housing markets is continuing as conditions remain soft in…
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Real Estate News
Professionals Montgomery Group rebrand to Belle Property
Professionals Montgomery Group, with three offices across Sydney’s St George region, has rebranded to Belle Property. “The St George area is a vital part of our growth strategy so choosing the right team to drive our market presence was crucial,” said Peter Hanscomb, CEO of Belle Property. “Directors Michael Kaye, Mark Somboli and Kristina Lee are incredibly talented and committed,…
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Real Estate News
Joshua Gilbert has won the First National Real Estate Leadership Award at Seven News Young Achiever Awards
Joshua Gilbert won the Award from a strong field of young achievers. The winners were announced on Friday 1 March at Doltone House, Darling Island Wharf, hosted by 7 News Presenter Michael Usher. Commenting on the importance to communities of the Awards, Mr Ellis said that First National along with Prime Seven were honoured to be the only major sponsors…
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Real Estate News
Barry Hudson from Ray White Hornsby celebrates half a century in the game
The 74-year-old has made a career out of helping others buy and sell real estate for fifty years, with three of those decades spent working for Ray White. Mr Hudson started his career in Hornsby in 1969 following a stint as an apprentice motor mechanic. “I saw an ad in the local paper wanting real estate agents,” he said. “I…
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Real Estate News
Andrew Bell says there will be an urgency among property buyers on the election leadup
The Gold Coast property market may be getting an unexpected shot in the arm from the federal election, according to Ray White Surfers Paradise Group (RWSP). RWSP CEO Andrew Bell says he has noted an emerging sense of urgency among some buyers eager to lock in a purchase sooner rather than later. These buyers are factoring in a change of…
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Real Estate News
Real Estate Results Network have announced the winners of the Australasian Real Estate Results Awards (ARERAs)
The top-performing independent real estate agents throughout Australia and New Zealand have been recognised at the 13th annual Australasian Real Estate Results Awards (ARERAs). Hosted by industry coaching and training body Real Estate Results Network (RERN), this year’s awards saw strong competition in all award categories. The coveted award for Agency of the Year (metro) was given to Melbourne agency…
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Real Estate News
Clint Hynes takes the reins of Ray White Nerang on the Gold Coast
Real estate agent Clint Hynes has just opened the doors to the newest Ray White business on the Gold Coast, in Nerang. Mr Hynes, who has been a high performer at his family’s Ray White Oxenford/Helensvale offices for the past six and a half years, has decided to take the leap into business ownership. “Real estate is such a social…
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FRANCHISE NEWS
Gayle Walker appointed to lead Tasmania Sotheby’s International Realty office
Sotheby’s International Realty Greater Australia has appointed Gayle Walker, a Sotheby’s Realty Director from Sydney, to head up the Greater Hobart operations for the brand. Gayle will lead the launch of a new Sotheby’s Realty office in the Sandy Bay area with the aim of offering a stronger local community connection while providing local, national and international exposure for Hobart…
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NSW Real Estate News
Century 21 North Harbour celebrate the grand opening of Crows Nest office
Principal Koji Amaike and his team at Century 21 North Harbour have officially opened their Crows Nest office on Sydney’s Lower North Shore. Family, friends and members of the local community gathered to see the ribbon-cutting ceremony performed by Mr Amaike and Charles Tarbey, Century 21 Owner and Chairman. “We were extremely pleased to have such a great calibre of…
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Real Estate News
Adam Sorrell joins Ray White Rowville as a principal
Adam Sorrell has been in the real estate industry since 2006 and has now taken over the Ray White Rowville office as their new principal. “Having lived here for the past 30 years, when the opportunity came up to take over the reins, I felt the time was right to join the Ray White family,” Mr Sorrell said. Having worked…
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VIC Real Estate News
Victorian buyers agent announces tech report card grading system for prestige properties
A property inspection portal has been launched claiming to help future home buyers narrow down their search to almost half the time it would normally take. The portal is the brainchild of national buyer agency start-up BuyerX, who say they are attempting to transform the home-buying experience by combining local area specialisation smart technology. The new venture called airopens is…
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Real Estate News
RE/MAX New Zealand announce top performers at awards night
RE/MAX New Zealand announced its top 2018 performers at a gala event held at Pullman Auckland on February 21st, which concluded the day’s ‘Think Bigger’ rally. The network’s ultimate individual honour, Broker Owner of the Year, is held for the final evening’s announcement.In a rare circumstance, the award was given for the second time to the same individual. In a…
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FRANCHISE NEWS
Steven Mason expands his Ray White business to Broulee
Experienced real estate professional Steven Mason is thrilled to have just taken ownership of his second Ray White office in the NSW coastal town of Broulee. After five years of running the Ray White office in Batemans Bay, Mr Mason said he was ready to take his business to the next level. “I’m excited to be able to offer the…
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FRANCHISE NEWS
Realogy named in world’s most ethical companies
Realogy Holdings Corp. (NYSE: RLGY) has been recognised by the Ethisphere Institute a global leader in defining and advancing the standards of ethical business practices, as one of the 2019 World’s Most Ethical Companies®. This is the eighth consecutive year in which Realogy has been recognised among 128 companies to be honored by Ethisphere spanning 21 countries and 50 industries.…
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Real Estate News
Bendigo bank launches the world’s first fully digital home loan platform
Bendigo Express, an instant home loan from Bendigo Bank, launched earlier this week. The fully digital home loan platform is powered by Tic:Toc. Anthony Baum, Founder and CEO of Tic: Toc said he was excited that Bendigo and Adelaide bank was embracing this innovation to improve customer experience. “We created Tic: Toc because we knew there was a better way for…
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Real Estate News
Co-living company Hmlet expands into Australia
Singapore-based co-living company Hmlet (pronounced ‘Hamlet’) has announced its March debut into the Australian market with the launch of two co-living properties in the Sydney suburbs of Newtown and Marrickville. This latest move marks the company’s second overseas location outside Singapore, with Hmlet on track to quadruple its members to more than 2,400 across Asia Pacific by the end of…
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Real Estate News
Ray White offices across the country honoured as the cream of the crop in property management
The Ray White Group has announced the recognition of elite performance in the field of property management and business development for property management. Alan White Elite – Property Management Business was awarded to 27 offices across the nation and the Property Management – Business Development was awarded to 10 offices from Victoria, Queensland and New South Wales. Ray White Head…
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Real Estate News
Finalists revealed for the 2019 REIA awards
The Real Estate Institute of Australia (REIA) has announced the finalists for its 14th Annual National Awards for Excellence, to be held at Crown Perth on Thursday 21 March 2019. REIA President Adrian Kelly said the Awards recognise the best performers across all aspects of real estate including residential and commercial agencies, residential and commercial sales, residential and commercial property…
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Real Estate News
Real estate ‘click bait’ is great for news but bad for the economy
Celebrating 50 years in real estate this year, Mr Plant has seen a lot of property cycles but fears that this current property correction is being driven deeper by a media whose revenue is driven by clicks and views. “The person on the street could be forgiven for thinking the current property market in Victoria is headed for Armageddon –…
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Real Estate News
Laing+Simmons springboard into action
Exclusively free to Laing+Simmons office principals and their teams, as well as team members from Laing+Simmons’ parent company Dexar Group, Springboard is the company’s annual “planning day on steroids”. It is designed to encourage and empower team members, providing an opportunity for everyone in the network to hear directly from leading industry speakers and understand how they achieve success in…
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Real Estate News
Dexar Group Celebrates its best for 2018
Dexar Group recognised its stars of real estate over the weekend at a Hollywood themed event held at QT Hotel. Amongst the winners were Jonny Warren, who was recognised for his leadership, receiving the Richard Stanton Memorial Award for Role Model of the Year, while Salesperson of the Year was awarded to Mark Wolens. Aaron Lewis, Ashleigh Webb, Mark Larmer…
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NSW Real Estate News
Raine & Horne Commercial celebrates 15 years
Lower north shore commercial property firm Raine & Horne Commercial North Sydney has renewed its franchise agreement with Raine & Horne for another term. Raine & Horne Commercial North Sydney launched in 2003 and principals Jay Sheffield, Duncan Grady, and Nick Moloney lead the business. The trio of principals is excited to continue their operation within the 136-year-old real estate…
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Real Estate News
Disability housing provider launches unique disability housing prototype
Specialist disability housing provider DPN Casa Capace will commence construction of an architecturally designed, resident-centric home for people with disabilities this month. DPN Casa Capace aims to scale the model to more than 700 homes in five years, in partnership with institutional investors and disability care providers. The Australia-wide homes will be worth around $1 billion and help meet the…
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Real Estate News
McGrath rolls out a mobile maintenance service with i4Tradies
McGrath Property Management, announced yesterday that they’ll be will deploying a new cloud-based maintenance management platform called i4Tradies, across its company owned office network in New South Wales and Queensland. i4Tradies is being describes as “Uber Style” and will connect trades service owners, on-the-road tradies, tenants and property managers with an integrated job management software; accessible anywhere, anytime and on…
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Real Estate News
Gawler triumphs at First National SA/NT awards
The awards recognised the best of First National’s SA/NT agents throughout 2018, with the top 10 individuals and offices now competing for national GEM Awards, which hold the chance of an expenses paid trip to the National Association of Realtors conference in San Francisco this November for top 10 national winners. Acting SA/NT State Chair, Zeta Bennett, says the results…
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Real Estate News
Professionals expands further in NSW
Professionals Group Australia is making its presence in NSW known with the opening of a new branch in Wauchope as well as with the appointment of Ken Cheeseman as National Network Executive. In the past year, Professionals have added eight new offices and only two months after it added Professionals Bonny Hills on the NSW Mid North Coast, another Professionals office…
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Real Estate News
Industry young gun joins LJ Hooker
In this role, Mr Sutton will focus on identifying areas of opportunity and supporting the growth of new offices in the LJ Hooker network Head of Network Development Ben Mitchell said: “James has great enthusiasm paired with an experienced, proven background. “At LJ Hooker, we’ve just experienced two of our biggest years in office and agent recruitment. We have a…
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Real Estate News
The Agency appoints Andrew Jensen to the role of interim chairman
The Agency Group (ASX:AU1) announced the appointment of Andrew Jensen to the role of interim Chairman, effective 18 February 2019. Mr Jensen will succeed Mr Phillip Re who has tendered his resignation as Chairman and will step down from the board on the same date. Mr Jensen is an accomplished CFO with over 18 years experience in senior finance and management roles.…
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NSW Real Estate News
Dynamic Sydney auctioneer joins Ray White NSW
Mr Pattaro started calling auctions as a fresh-faced 18-year-old, although video footage dating back to when Mr Pattaro was just eight years of age proves auctioneering has always been in his blood. “I was in my pyjamas and I think I may have gone to an auction with dad,” he said. “I legally started auctioneering when I was 18, learning…
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Real Estate News
Former Ray White CEO returns to the coalface
Domenic Belfiore is already making an impact less than a month into his new role as Ray White Werribee director. It’s a change of pace for Mr Belfiore, who resigned as CEO of Ray White Victoria and Tasmania in January after four years at the helm. Recognising opportunity and potential for great growth, Mr Belfiore enthusiastically commenced work in his new role…
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INDUSTRY NEWS
Reapit Appoints Eddie Cetin to Managing Director
Reapit, a global property CRM platform provider, has appointed Eddie Cetin as Asia-Pacific (APAC) Managing Director (MD) to manage its sales and operations in the region. As CEO and co-founder of Australia’s market-leading real estate CRM software, Agentbox, for nearly 10 years, Cetin brings considerable global technology and property experience to Reapit. Working with Reapit CEO Gary Barker, Cetin’s appointment…
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FRANCHISE NEWS
Elders Real Estate announces CCA partnership
Elders Real Estate franchisees in South Australia and Alice Springs have announced the launch of a major sponsorship of the Childhood Cancer Association (CCA). The new partnership was officially launched at Elders Head Office last week. The CCA is one of Australia’s key childhood cancer support organisations. Currently, the CCA supports children with cancer and their families from South Australia,…
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QLD Real Estate News
Rally inspires RE/MAX network to think bigger
‘Think bigger’ was the theme of the 2019 RE/MAX Australia Rally, held this year at The Star, Gold Coast. Managing Director Michael Davoren officially commencing the day, welcoming and encouraging attendees to do just that – think big! “We’ve chosen ‘think bigger’ for our 2019 rally theme, but it is not just about ‘thinking’. It’s about creating more opportunity for…
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Real Estate News
Industry growth specialist joins LJ Hooker
LJ Hooker has appointed Asha Kerr as Business Growth Manager, to work alongside its extensive network of business owners in New South Wales to support their long term growth strategies. LJ Hooker Network Chief Graeme Hyde said, “We are delighted to welcome Asha to the LJ Hooker family. With a career spanning almost two decades, she brings with her tremendous…
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FRANCHISE NEWS
Ray White’s Chairman Elite performer awarded to Top Western Australian agent
Top agent Vivien Yap of Ray White Dalkeith | Claremont was recently honoured as a Chairman’s Elite performer, ranking her among a very small handful of top Ray White agents across Australasia. Ms Yap is the leading group’s first female Chairman Elite of 2018-19 – awarded to those who write in excess of $1.25 million in fees and/or 120 sales…
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