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Elite Agent
Why ‘No Sale No Charge’ is Not the Best Idea
Tom Panos on Sky Business News this week reminds us of the concerning idea of ‘No Sale No Charge’ in real estate. A property’s marketing campaign should not be buried under the rug, and Tom recommends implementing a ‘performance-based fee’ as a commission accelerator. Watch more below:
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INDUSTRY NEWS
CoreLogic: September 2016 Market Outlook
If you’re eager to find out what the various property markets around the country were up to during August, and you want to have a sneak peek at what might be ahead, read on for CoreLogic’s monthly Market Outlook. Average capital city home values are up Over the month of August 2016, combined capital city home values increased by 1.1%…
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Real Estate News
Add value to new investors by educating them, say BMT
New property investors could benefit greatly from education on legitimate depreciation deductions for investment properties so they don’t miss out on thousands of dollars in tax savings. According to BMT Tax Depreciation, the recent property boom has seen many new investors hit the real estate market. However, these newbies might not be aware they can claim tax deductions on the…
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Real Estate News
Cody Live expanding digital signboard solution
Cody Live is an outdoor advertising solution that is the first of its kind, creating dynamic signboards for real estate agencies. And this week they were launched in Brisbane with Melbourne, Canberra and Auckland in the coming weeks. The aim of Cody Live is to give vendors and agents more choice and better control of how their properties are represented…
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National
BizCover: Avoiding Real Estate Advertising Blunders
Most of us have been there – a mistake is accidentally made on an ad, no one picks it up and it goes to print. Sometimes we’re lucky and we can hustle to fix the problem before the whole world knows about it. But BizCover asks the question: have you thought about the impact of a small error if it’s…
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INDUSTRY NEWS
Purplebricks Launches in Australia
The UK’s fastest growing online real estate agency has launched in South East Queensland and Melbourne. Purplebricks has launched in Australia, to offer homeowners a proposition of a cheaper method of sale for their home. The “virtual” service provides the support of a licensed and dedicated ‘Local Property Expert’, a flat rate fee, an accessible and transparent online technology platform…
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Elite Agent
Regional Australia seeing good growth for the first time in years, CoreLogic
According to CoreLogic’s June regional report, Australia’s regional areas have now come into the spotlight as value growth increases and capital city markets become less affordable. Released this week, the CoreLogic Regional Market Report provides analysis on the performance of Australia’s largest council areas for: NSW: Newcastle & Lake Macquarie, Illawarra, Richmond-Tweed; VIC: Geelong, Latrobe-Gippsland; QLD: Gold Coast, Sunshine Coast, Townsville…
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Real Estate News
Agent Finder Websites ‘A Raw Deal’, says First National’s Ray Ellis
According to Ray Ellis, the Chief Executive of First National Real Estate, property owners and buyers around Australia are being misled by a range of ‘Agent Finder’ websites. ‘There are a variety of agent finder websites that have inserted themselves as middlemen in the marketplace, claiming to connect consumers with the best local agents for free, but charging agents a…
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Real Estate News
Coronis Cycling for a Cancer Cure
Queensland property group Coronis commenced the 2016 Tour De Office this morning, Monday, September 5, with the goal of raising $40,000 for Smiling for Smiddy, a foundation that funds cancer research at the Mater. Located out the front of Coronis HQ in Lutwyche, a team of 160 riders made up from Coronis’ 22 offices, the Smiling for Smiddy team and…
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EPM
LinkLearn: Why PMs should update to a full licence
Property managers are an extraordinary group, with skills and experience across business development, marketing, accounting, asset management, relationship management…and then there’s crisis and conflict resolution. Many of these skills are learned at work, through work or for the purpose of work, but it can be difficult for property managers to demonstrate their value to potential landlords, or even potential employers.…
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Real Estate News
VitrineMedia Continues To Lead In Shopfront Innovation
VitrineMedia, a world leader in LED display technology dedicated to window solutions, has now brought even more light with less energy output to the real estate industry. In the last 12 months they have designed several new LED display panels to add to their collection to make the real estate shopfront really stand out. Speaking at AREC 2016, Global CTO…
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National
Spring auction clearance rates reach a new year to date high
According to CoreLogic’s preliminary weekend summary, Spring has sprung with auction rates this weekend seeing a combined capital city clearance of 78.4 percent, a new high for the year. The number of homes taken to auction this week fell slightly to 1,858, compared to the 2,153 auctions held last week and 2,297 one year ago. The preliminary clearance rate was…
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Real Estate News
Prioritising People: Laing+Simmons Launches Employee Assistance Program
New South Wales real estate franchise network Laing + Simmons has launched a new employee assistance program to support team members experiencing stress, depression, anxiety or facing other challenges. Employees from their 40+ offices in NSW can now access anonymous and free counselling services to help them deal with any issues they might be facing. The service is run by…
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Real Estate News
Smart energy home of the future one step closer
Sydney-based start-up Evergen, who has just launched their intelligent home energy management system in Australia, has raised $3.7 million in funding from AMP Capital and CSIRO, as it takes their Australian first smart energy offering to the market. Combining solar and batteries with smart technology, the Evergen system continuously analyses and optimises home energy costs, choosing the most efficient source…
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Real Estate News
Ray White Double Bay launch into spring with 85% clearance rate
Showing no signs of a market slowdown, Ray White Double Bay’s first spring auction event on Monday 29 August was attended by over 150 potential buyers and vendors. The atmosphere in the room was electric with one buyer jumping the bids by $500,000. “The lack of stock and our high level of quality marketing helped us achieve some unbelievable prices.…
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Real Estate News
CommercialVIEW expands into Queensland
Property portal CommercialVIEW.com.au is targeting Queensland as part of the next phase of its national expansion. CommercialVIEW CEO Daniel Bignold said we are offering commercial real estate agents in Queensland a new viable alternative to the major media portals. “Our launch event in Brisbane last night, supported by Macquarie Bank and the Real Estate Institute of Queensland, saw CommercialVIEW incredibly well received by…
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Real Estate News
$5 million expectations for rare Byron beachfront property
Raine & Horne Byron Bay is attracting substantial interest with the marketing of a rare luxury home on the tightly-held Belongil Beach. The absolute beachfront property, standing on 860sqm at 6A Childe Street, Byron Bay, is expected to sell for between $4.95 and $5.4 million, according to selling agent and Principal of Raine & Horne Byron Bay, Sophie Christou. “This…
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Real Estate News
Going ‘green’ in the home saves cost and improves quality of life, says RMIT study
New research by RMIT on low-carbon housing has found that households could be better off by $1,000 per year by going green. At a time of rising stress over high energy costs, especially among low-income households, the study led by RMIT’s Centre for Urban Research (CUR) reported that low-carbon houses in comparison with ‘standard’ residences in the town of Horsham,…
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EPM
Rent.com.au partners with AirBnB, announces new CEO
It has been a big week for rent.com.au with three major announcements including a new CEO, a partnership with AirBnB and its annual results. Renters could be set to benefit from a new partnership between rent.com.au and one of the world’s largest accommodation providers Airbnb. The partnership is designed to encourage renters to ‘try before they buy’; allowing them to test…
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Real Estate News
Improve your profile on realestate.com.au
An improved Real Estate Agency Profiles platform has been released on realestate.com.au to help agents improve their profile and get more clients. The updated profile system allows agents to showcase their areas of expertise alongside their listings, providing greater benefit to vendors and the agents themselves. The changes are expected to help drive a larger number of enquiries and listings. The…
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Real Estate News
Brad Cooper appointed as Franchise Manager for Barry Plant Group
Victorian real estate network, The Barry Plant Group have announced the appointment of Brad Cooper as their new Franchise Manager. With over twenty years’ experience in real estate, Brad is an REIV accredited auctioneer and a licensed real estate agent. Brad’s appointment will oversee mentoring and support for the staff and directors across The Barry Plant Group’s eighty offices. It will…
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Real Estate News
PropertyIQ wins Most Innovative Business Bank Award
The Australian Business Banking Awards 2016 were held on August 11 with PropertyIQ taking out the award for Most Innovative Business Bank Product or Service. The award was judged on the ability to “deliver innovative solutions or services to business banks and their customers in performances across all major metrics” and was won on the merits of PropertyIQ’s three core…
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Real Estate News
Secrets to success from WA’s home grown real estate heroes
The recent Home Grown Heroes seminar in Perth featured the stories of several successful WA agents – some have overcome hardships and rebuilt their lives and others have quickly carved out successful careers. Here, we look at three of those speakers and reveal their secrets to success. Lara Sadowski, Geraldton Property Group Despite a long string of setbacks in her…
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INDUSTRY NEWS
ADL Software in WA delivers new electronic sales contracts
Residential Sales Contracts are now available as part of ADL’s WA Residential Sales Package. Two new contracts available are designed for ease of use and to provide certainty in real estate transactions. The two contracts available are the Contract for the Sale of a Residential House and Land and Contract for the Sale of a Residential Lot in a Strata Title…
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Real Estate News
Investors hover over slice of Darlinghurst’s small bar scene
One of the first small bars to open its doors in Sydney, Darlinghurst’s Pocket Bar is up for auction and ready for an investor to pull up a stool. Pocket bar opened in 2009 at the beginning of what can be described as the small bar revolution. Gunning’s Director of Metropolitan Sales and Investments Tom Speakman said like many of…
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Real Estate News
Bondi demanding top retail, food
Thriving Bondi Beach is experiencing an exciting rejuvenation where high-end fashion and food are in demand. Gunning’s Director of Metropolitan Sales and Investments Tom Speakman said Bondi has undergone significant changes and is a tightly held commercial and retail property market. “Bondi is one of the hottest locations in Australia with its mix of high end brands and popup shops,…
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INDUSTRY NEWS
REINSW and realestate.com.au join forces
The Real Estate Institute of New South Wales and property portal www.realestate.com.au have signed a sponsorship agreement that will see the website featured prominently in REINSW’s marketing material. The one year real estate sponsorship agreement commences immediately and will see the website highlighted in the REINSW’s Journal, email newsletters and website. REINSW CEO Tim McKibbin says the deal will also see…
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Real Estate News
Drone Rules Are Changing, but Will They Work For You?
PHOTOGRAPHY AND VIDEO shot with drones has become relatively common in real estate marketing. Important changes to the safety regulations covering their use take effect in just under two months. From 29 September 2016 there will be a new category of commercial remotely piloted aircraft operations. People operating drones with a maximum take-off weight of less than two kilograms will…
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Real Estate News
Complaints Register Could Tarnish Franchisees, says REINSW
The NSW Fair Trading Complaints Register comes into effect this week but there are concerns within the real estate industry that it will unfairly tarnish reputable businesses. The initiative is designed to provide better customer service and to help consumers make better, more informed decisions; however businesses are concerned about their reputations. The Complaints Register will provide information about businesses…
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Real Estate News
First National supports community by renewing Wildcats partnership
First National Real Estate and the Perth Wildcats have extended their long term partnership for at least another three seasons. Since 2012, First National has been the Perth Wildcats partner, dedicated to promoting the value of teamwork and supporting the local community. Two-time championship head coach Trevor Gleeson has also re-signed up with the Wildcats for three more seasons. First…
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Real Estate News
Roadshows for Strata Law Reforms Available Now
Strata Law reforms are due to come into effect across New South Wales from 30 November 2016, however if you’re not sure what the new laws mean for you, a training session is guaranteed to shed some light. The REINSW, NSW Fair Trading and Strata Communities Australia are joining forces to travel the state, offering sessions over the next 2…
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Real Estate News
Domain launches Spring campaign
With spring just around the corner, Domain has just launched its latest Spring campaign centred on what it claims is “Australia’s best property app”. The new campaign, which is dubbed Spring, uses a multi-channel approach encompassing its national sponsorship agreements with The Block, an online video content series, two new television commercials, and the rollout of one of the nation’s…
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FRANCHISE NEWS
Laing+Simmons recognise their best
On Saturday real estate network Laing+Simmons held its annual awards event to recognise and celebrate the most talented people in its ranks – from long term industry stalwarts to the up and coming stars of tomorrow. Laing+Simmons Managing Director Leanne Pilkington said the awards are more than just a chance to catch up and network. “Recognising and celebrating the achievements…
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Real Estate News
Unwind overlooking the water at ANEW Rockdale
ANEW Rockdale, Knightsbridge’s $62+ million mixed-use development in Sydney’s south is set to revitalise and transform the vibrant urban village on the rise. In tandem with the government’s regeneration of the Rockdale town centre, which includes a revitalised civic square, greater connectivity, extensive street scaping and shared spaces, ANEW reinjects a village like atmosphere into Sydney’s urban spaces. Architects Abworks…
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INDUSTRY NEWS
Google Duo: Another easy step in virtual property viewing?
When you can’t show a potential buyer or tenant a property, a video call can be the only other alternative. And with the recent release of Duo – Google’s new 1-to-1 video calling app for Android and iOS – the company is promising the experience will soon be a whole lot smoother and easier. Like Apple’s “Facetime” the Duo app…
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