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FRANCHISE NEWS
Raine & Horne focuses on regional growth with new Cowra office
After opening 20 offices since September 2017, mostly in capital cities, Raine & Horne is expanding its brand reach in regional Australia with the launch of Raine & Horne Cowra this week. The new office is led by former Raine & Horne sales whiz David Fagan, who was among the group’s best sales agents before launching into a stellar sales…
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INDUSTRY NEWS
Investors retreat behind apartment downturn: HIA
The ABS released building activity data yesterday for the final quarter of 2017. Detached house commencements increased by 0.7 per cent over the December 2017 quarter, while starts for other dwelling types (predominantly apartments) declined by 11.2 per cent. “The decline in multi-unit dwelling starts has dragged down the total number of new home starts during the final quarter of…
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INDUSTRY NEWS
Finalists announced for the Leading Property Managers Association Awards
The finalists of the 12 categories for the Leading Property Managers Association Awards have been announced with the winners to be revealed at the LPMA conference, 10-11 May on the Gold Coast. “The LPMA Awards are an opportunity for the best in our industry to shine and get the recognition that they deserve,” said LPMA Australia National Manager Jodie Stainton.…
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FRANCHISE NEWS
Ray White Burnside recreates village vibe
Ray White Burnside has now officially opened their stylish new office in the heart of Adelaide’s blue-chip eastern suburbs. This is the third business for owners Brett and Kirsty Pilgrim, as they keep learning and developing high-performing teams in Adelaide’s east. In a model set to be copied by others in the industry, the Ray White Burnside office has been…
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INDUSTRY NEWS
Study examines how Australia’s planning system can deliver more affordable housing
A new study is examining how planning schemes can deliver affordable housing for low-income groups with unmet housing needs. By examining models used in the UK and US, the Australian Housing and Urban Research Institute (AHURI) has produced the Supporting affordable housing supply: inclusionary planning in new and renewing communities report, which addresses some of the concerns around affordable housing in…
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FRANCHISE NEWS
Raine & Horne opens new office in Perth commuter belt suburb
Raine & Horne has opened a new office in Ellenbrook – a commuter belt suburb of Perth, 45 kilometres northeast of the central business district. Ron Lyster, an experienced local real estate agent and property development manager, will lead Raine & Horne Ellenbrook. Mr Lyster has switched to Raine & Horne from another leading real estate group. “Ron has been…
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INDUSTRY NEWS
realestate.com.au launches Agent Elevate
realestate.com.au today launches Agent Elevate, the first offering in its new Agent Edge family of personal branding products that will give agents an edge in their market. Agent Elevate will help individual agents increase their presence on realestate.com.au and grab the attention of sellers searching in their suburb. Agent Elevate provides agents with: Prominent positioning in the photo carousel on…
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FRANCHISE NEWS
Ray White makes key leadership appointment
Ray White believes it can now predict who their next high-performing agents are most likely to be. Over the last 18 months, Ray White has been working on its own tool to identify benchmarks for success using psychometric, aptitude and personality testing. Ray White has spent extensive time and effort in identifying benchmarks for how its high performers act and…
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FRANCHISE NEWS
The Agency become the new sponsors of Kurrawa Surf Club at Broadbeach
To maximise exposure during the Commonwealth Games, The Agency has announced a new sponsorship deal with the Kurrawa Surf Club at Broadbeach, one of the largest surf life-saving clubs on the Gold Coast. The Agency partnership will provide all Kurrawa Surf Club members with a 20 per cent discount on the selling fee of their property, with five per cent…
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FRANCHISE NEWS
Stockdale & Leggo working to help the people of Wangaratta live independently
Stockdale & Leggo Wangaratta has announced their new partnership with Meals on Wheels Wangaratta, a community organisation headed by the Wangaratta Rural City Council. An integral part of the local community, Meals on Wheels provides healthy and nutritious meals for those who are unable to cook for themselves at home. The initiative aims to assist the elderly and those with…
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FRANCHISE NEWS
Ray White Carina recruits top local agent
Ray White Carina are thrilled to welcome experienced real estate consultant Conrad Leisemann to the team. Mr Leisemann is an award-winning property sales agent with a deep insight into the local market, having lived in the area for more than 30 years. “I was born and bred in Carina, went to Mayfield State School, and my partner and I have…
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FRANCHISE NEWS
Richardson & Wrench launch next generation brand renewal
Richardson & Wrench has taken its 160th birthday as the cue introducing a more sophisticated, refined brand that will appeal to a broader market than ever before. Group Development Manager Amanda Ward says the brand project reflects a fundamental difference between R&W and other franchise groups – it encourages and supports principals who wish to personalise their business while remaining…
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FRANCHISE NEWS
Patrick McKinnon finds a new home at Place Ascot
Place Estate Agents is thrilled to announce that Patrick McKinnon has joined the network as Principal of its Ascot office, alongside Peter Burgin. Place CEO Damian Hackett says the decision was made to further strengthen Place’s services in the Hamilton/Ascot area, with Mr McKinnon having an outstanding track record in the community. “Our current Principal and Chief Auctioneer, Peter Burgin,…
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INDUSTRY NEWS
New service plans to revolutionise international property investment
CityYield, a global agency that specialises in the sale of investment property for rental yield across leading international markets, has launched into the Australian market. For the first time, non-institutional investors will be able to find, analyse and acquire properties across hotspots in the UK, Germany and the US using the service. Jeremy Kasler, CEO of CityYield, said, “Through our…
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National
Refined data heats up leads for Century 21 Network
Century 21 has introduced ‘OppScore’ technology across its Australasian network to assist in nurturing and measuring leads from database information. Using advanced algorithms, the automated OppScore technology consistently analyses contact data in the network’s e-Sales CRM platform and then directly notifies agents about prospective lead values within their individual databases. OppScore algorithms will determine a ‘score’ for contacts using a…
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FRANCHISE NEWS
RE/MAX appoints Josh Davoren as marketing director
Josh Davoren was announced this week as a director of all companies under the umbrella of RE/MAX Australia and RE/MAX New Zealand. He joins Managing Director Michael Davoren, Finance Director Chris Chapman, Franchise Director Joel Davoren and Independent Chairman Adrian Lane-Mullins on the Board. Sydney-based Josh Davoren joined the corporate team in 2016, in a strategic move to grow the…
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FRANCHISE NEWS
Buxton Real Estate opens fourth Geelong office
With the average house price in Greater Melbourne doubling in the last decade, Buxton Real Estate says more and more Melbournians are making the move to Geelong and Ballarat. Buxton CEO Nathan Jones said the volume of new estates being built, particularly in Ballarat, is creating property stock which cannot be challenged when comparing entry point prices. “These new estates…
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FRANCHISE NEWS
Treloar family of Ray White Bridgeman Downs expands reach to Albany Creek
Wayne Treloar is excited to announce he has acquired ownership of Ray White Albany Creek, just west of his existing Bridgeman Downs office. Mr Treloar and wife Sonya are already local success stories, following their sharp rise to excellence at Ray White Bridgeman Downs. “We have lived locally for more than 12 years, so when the opportunity came up to…
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FRANCHISE NEWS
RE/MAX A1 agent becomes a Queen’s Baton Bearer
In a country of over 24 million, to be one of 3,800 Australians in the Queen’s Baton Relay at the 2018 Commonwealth Games is something to be immensely proud of. For the RE/MAX Australia team, seeing one of their own take centre stage was something special. Taking on the final stretch of the Ipswich relay on the 29th March, RE/MAX…
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INDUSTRY NEWS
April 2018: Interest rates on hold, Industry reaction
At its meeting today, the RBA Board decided to leave the cash rate unchanged at 1.50 per cent. “The housing markets in Sydney and Melbourne have slowed. Nationwide measures of housing prices are little changed over the past six months, with prices having recorded falls in some areas,” says RBA Governor Dr Philip Lowe. “In the eastern capital cities, a considerable additional…
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FRANCHISE NEWS
Coronis recruits top agent for new office
One of Brisbane’s top agents, Cara Bergmann, has joined Coronis to lead the company’s newest office Coronis Bridgeman Downs/Albany Creek which opened yesterday. A regular on The A-List’s Top One per cent Queensland Real Estate Performers list, Ms Bergmann has sold more than 700 properties on Brisbane’s north side since moving to Australia in 2007. Managing Director Andrew Coronis said…
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FRANCHISE NEWS
Top international coach Rik Rushton partners exclusively with The Agency Group as in-house trainer
The Agency has partnered exclusively with coach Rik Rushton as their in-house trainer. “We are proud to announce Rik Rushton has joined us formally as our in-house trainer and we are his exclusive real estate client. “Rik will be undertaking an intensive training and coaching schedule across SLP and The Agency brands,” said Matt Lahood, The Agency’s CEO. “This is…
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SUPPLIER NEWS
realestate.com.au gives agents the edge
realestate.com.au today announced Agent Edge, a new family of personal branding products which will give agents an edge in their market. Agent Edge products, the first of which launches this month, are designed for individual agents to increase their presence on realestate.com.au and connect with Australia’s largest pool of sellers. The Agent Edge product family: Agent Elevate: Get noticed and…
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FRANCHISE NEWS
Barry Plant Group welcomes Newport office
Led by an experienced and dynamic team, the new Barry Plant office in Newport will provide local vendors and buyers the opportunity to think differently about their property goals. The property outlook for the Newport and Hobsons Bay surroundings is strong, with the median price having increased from $950,000 in January 2017 to its highest point of $1,067,500 in December…
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FRANCHISE NEWS
Ray White’s expands presence in Eastern Bays
Auckland principal Wayne Maguire, who owns Ray White Mission Bay, is pleased to announce he has acquired two neighbouring businesses from well-regarded veteran agent Peter Best. Mr Maguire will more than double his team to 55 sales agents when the Kohimarama and St Heliers teams are welcomed into his new big ‘one team’ business structure. Mr Best, who has owned…
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FRANCHISE NEWS
New Laing+Simmons office opens in Manning Valley
Laing+Simmons Manning Valley opened the doors to a brand new office in Taree this week under the experienced local guidance of Carley Burke. The opening of Laing+Simmons Manning Valley on Pulteney Street coincides with a watershed moment in the local real estate market as the impacts of affordability in our major cities take hold. “Taree and its surrounds are on the…
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Real Estate News
Ray White Indonesia celebrates its winners
More than 500 agents in Indonesia attended the annual Ray White Awards for 2018 in Jakarta, coming from all over the country to celebrate the year’s achievements and success. Ray White Indonesia CEO Johann Boyke Nurtanio (pictured below) said the network’s number one position as market leader was defined by more than awards but by the acknowledgement from businesses across…
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FRANCHISE NEWS
Ray White Double Bay partners with Sony Foundation
Ray White Double Bay has thrown its support behind Sony Foundation, a charity aimed at helping young Australians facing the toughest adversity. Sony Foundation is the charitable arm of the Sony Group of companies operating in Australia including; Sony Australia, Sony Music Entertainment Australia, Sony Interactive Entertainment Australia and Sony Mobile Communications. Since its inception in 1998, Sony Foundation has…
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FRANCHISE NEWS
Innovative business model nets @realty $2 million in sales per day
National real estate network @realty have reported $2 million in sales per day in 2017 using a new business model, which has been awarded the Real Estate Institute of Queensland (REIQ) Innovation award. @realty operates from a single office in Surfers Paradise on the Gold Coast and boasts more than 500 agents nationwide. @realty director JJ Taylor said the driving…
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INDUSTRY NEWS
The Harcourts Foundation grants over $50,000 to 14 charities
The Harcourts Foundation, the charitable arm of Harcourts Group Australia, announced grants to 14 Australian charities during its most recent quarterly funding round. A total of $51,740 was donated across Australia to benefit charities serving the communities where Harcourts employees live and work. “Over the past six months, a total of $190,781,000 has been granted by The Harcourts Foundation,” said…
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INDUSTRY NEWS
2018 REIA National Awards for Excellence winners announced
The Real Estate Institute of Australia (REIA) announced the winners of the 13th National Awards for Excellence on Thursday 22nd March at a gala dinner at Doltone House, Sydney. REIA President Malcolm Gunning said the awards recognise the best of the best in Australian real estate. “Real estate professionals from across the country converged on Sydney last night in what…
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FRANCHISE NEWS
Xynergy Realty celebrates 10-year anniversary
When Bruce Oliver and Ivan Tandyo started Xynergy Realty in 2008 out of Ivan’s two-bedroom apartment, they had no idea they would manage over $1.3 billion worth of assets ten years later. 2018 marks Xynergy Realty’s ten-year anniversary, providing a time to reflect on all the duo have been able to achieve – from managing 2,000 properties to employing over…
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FRANCHISE NEWS
Ray White agents ‘link up’ to celebrate referrals
REAL estate agents, mortgage brokers and financial advisers from all over Australia and New Zealand have spent a memorable evening at the historic village in Crows Nest where it all began for property giant Ray White in 1902. The attendees were the winners of the group’s biggest-ever referral initiative called LINK which saw every facet of the White family business…
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FRANCHISE NEWS
Century 21 adds seven names to leadership team
Century 21 has added to their over 100,000 staff in 78 countries, with the employment of seven key new staff members in the Australasian corporate office in order to help manage growth and to support new franchise owners. Over the past six months, Century 21 has opened new offices in New Zealand, Queensland, Victoria and New South Wales. Real estate…
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INDUSTRY NEWS
National property growth slows as Hobart booms
New data from the ABS for the December 2017 quarter shows a big change in the pattern of growth across Australia’s cities. Residential property prices rose 5 per cent through the year to December quarter 2017, with growth easing from the September (+8.3 per cent) and June (+10.2 per cent) quarters 2017. Sydney’s slump was buoyed by other states, including…
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