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INDUSTRY NEWS
Simon Pressley’s 2023 property market predictions
House prices will rise between two and seven per cent in the majority of capital city and regional locations in 2023, a leading property analyst has predicted.
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INDUSTRY NEWS
Only 7 per cent of suburbs in New Zealand not experiencing price declines
While most suburbs in New Zealand have been experiencing steep home price declines in the past three months, there are still areas that have seen growth according to CoreLogic.
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COMMERCIAL
Demand for quality commercial assets to increase in 2023
Demand for value-add commercial assets and locations that will experience strong population growth will be a key focus for investors in 2023 according to an expert.
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Celebrity Homes
Selling Sunset Star Mary Fitzgerald buys renovated Toluca Lake house
Selling Sunset star Mary Fitzgerald has quietly picked up a stylishly renovated property in the Los Angeles neighbourhood of Toluca Lake.
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Elite Agent TV
Courageous Conversations: How Louise Barton created a successful real estate career in Sydney
Imagine moving halfway around the world to restart your real estate career from scratch.
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BTW
Quartet of Ray White Auckland bays offices recommit to group
The continued commitment of the offices owned by Wayne Maguire and his partners, according to Ray White New Zealand Chief Executive Officer Daniel Coulson, is great news for the company.
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SELLING + MARKETING PROPERTY
Top 5 marketing tips for savvy agents
There are tens of thousands of real estate agents in Australia, so how do you make sure your name is top of mind when a vendor decides it’s time to sell?
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INDUSTRY NEWS
Home buyers search for ways to save as rates rise
Home buyers searching for information on interest rate rises exploded in 2022, with new research suggesting thousands of Australians are looking to cope with higher borrowing costs.
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Celebrity Homes
Kendrick Lamar scoops up Bel Air estate
Rapper Kendrick Lamar has officially purchased a US$15.9 million Bel Air estate to add to his growing property portfolio.
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INDUSTRY NEWS
Regional home prices hold up better than the capital cities
After booming throughout the pandemic, regional property prices have continued to outperform the capital cities in 2022, driven by ongoing demand and tight supply, according to a new report.
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BTW
Experienced agents bring wealth of knowledge to new Paradise business
Nick Borrelli and Jason Spagnuolo intend to grow the company and expand into both property management and finance with the help of a team of six people in sales and administration and the resources and support of a tested business strategy.
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Celebrity Homes
Tom Petty’s oceanfront Malibu beach house hits the market
The Malibu home of the musician, Tom Petty has officially hit the market with an asking price of US$9.8 Million. According to The Dirt, the estate of the late vocalist and guitarist who passed away 2017, has put the property up for sale. Sitting on the white sand of Escondido Beach, the beach house boasts 20 metres of ocean frontage…
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VIC Real Estate News
Two Toorak records among Victoria’s top sales in 2022
Two state records set in just a matter of days in August topped the list of Victoria's most expensive home sales this year.
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SUPPLIER NEWS
Most searched for suburbs, property features in 2022 revealed
The skyrocketing cost of borrowing is shaping up to be one of the biggest influences on the property market, but rising rates haven't stopped buyer demand in certain suburbs, according to a new report.
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BTW
Top agent continues partnership with Ray White
The last five years has seen Viven Yap’s business thrive, growing to 30 agents and servicing sales, property management and project sales across Perth’s affluent western suburbs. The Announcement: LEADING real estate agent Vivien Yap has renewed her commitment with the country’s number one network, the Ray White Group. Ms Yap has been Western Australia’s number one performer for the…
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Elite Agent TV
Jo Oliveri on why PMs should talk value not fees
When it comes to property management, there’s often a client misconception that all agencies are the same. And that inevitably leads to the dreaded conversation about fees.
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FRANCHISE NEWS
How Noosa’s Suter Smith Cleine built their successful real estate agency in under 12 months
After years working under franchise brands, Ian & Linda Suter, Clint Smith & Tyron Cleine took the leap and joined forces to launch their independent agency, Suter Smith Cleine a little over 12 months ago.
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Celebrity Homes
Jonah Hill sells his spare Malibu house
Moneyball star Jonah Hill has officially sold his spare Malibu home after picking up another house closer to the beach.
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INDUSTRY NEWS
New online marketplace looks to match agencies, principals with PropTech startups
A new platform designed to link PropTech startups with agencies and principals seeking to diversify their business or fill a technology gap has launched and is calling for new participants in 2023.
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INDUSTRY NEWS
REIACT appoints new chief executive officer
The Real Estate Institute of the ACT (REIACT) has appointed Maria Edwards to the CEO role, taking over from Michelle Tynan.
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INDUSTRY NEWS
New Zealand property values decline at GFC levels with further falls predicted
Agents taking stock of Australia's deteriorating market conditions should spare a thought for their Kiwi cousins, with values in New Zealand falling further than predicted in 2022.
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BTW
Highland leadership team to appoint new Chief Operating Officer
Laura McKay has 20 years of experience in the field, 12 of those with Highland, and has proven to have outstanding business expertise, contributing significantly to the company’s growth. The Announcement: The future is female for leading Sydney property agency, Highland, which is proud to present a leadership team of predominantly women, all of whom have a wealth of knowledge and…
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Celebrity Homes
Eagles drummer Don Henley buys his son a million-dollar LA home
Grammy-winning Eagles founding member Don Henley has quietly purchased a Westside Los Angeles home for his son, 24-year-old Will Henley.
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INDUSTRY NEWS
Victorian suburbs top the list for best buying opportunities in 2023
Victoria has topped the list for the most suburbs that offer great buying opportunities in 2023 according to a new report.
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INDUSTRY NEWS
Uptick in property listings during November, PropTrack says
New property listings rose during November, according to a new report, with regional areas witnessing the largest increase.
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BTW
Ray White Glenelg expands business across the coast
Business owner Justin Kurenda said the goal over the next 12 months is to further increase our market share in the area. The Announcement: In a bid to improve servicing the coastal area of South Australia, Ray White Glenelg business owners Justin Kurenda and Adam Keane have taken over the reins at Ray White Brighton. Mr Kurenda said they were…
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INDUSTRY NEWS
Ten Sixty, a new short form video app for real estate – brings on Josh Flagg in advisory role
Australian startup, Ten Sixty the new global short-form video app for real estate announces that top Douglas Elliman luxury agent and star of Million Dollar Listing, Josh Flagg and the media company he founder Estate Media, will become advisors to the rapidly growing real estate platform, that’s bringing real estate into the era of short form videos.
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Celebrity Homes
Tyler, the Creator lists his Bel Air home at a loss
Rapper, Tyler, the Creator is so keen to offload his Bel Air home that he’s prepared to take a $1 million loss just to get rid of it. According to The Dirt, the hip-hop artist is asking US$7 million for the estate he paid US$7.9 million for just 12 months ago. The single-storey home boasts four bedrooms, and 4.5 bathrooms…
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FRANCHISE NEWS
BresicWhitney bolsters Property Management leadership team
Peter Marsi and Benjamin Small have taken on new leadership roles, reflecting BresicWhitney’s continued commitment to its people, and the evolution of property management as a sector rich with rewarding career opportunities. Peter Marsi has been promoted to Performance Manager – Leasing and Business Development, in a newly created role – and one that’s unique to BresicWhitney and the industry.…
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FRANCHISE NEWS
Why you shouldn’t go for a stand-alone micro agent model
Don’t settle for the easy quick fix single-agent model, advises Explore Property CEO, Andrew Acton, who says it’s not a good long-term strategy. Agents who decide to operate under a single-agent model could be missing out on key future economic benefits, a leading real estate expert has warned.Explore Property CEO Andrew Acton said that while a single-agent model – where…
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COMMERCIAL
Office assets the most transacted in 2022
Office market transactions have bounced back in 2022, as the sector tries to recover from the ongoing impact of government-imposed lockdowns.
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BTW
Ayre Real Estate expand into Pyrmont
Founder of Ayre Real Estate, Adrian Wilson says this next step for Ayre Real Estate is in line with its growth plans and he is excited to work with agents of high calibre and esteem. The Announcement: Sydney prestige apartment specialists Ayre Real Estate have this week expanded their harbour foreshore presence by announcing their new office in Pyrmont. The…
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NSW state government bans rental bidding
The controversial practice of rental auctions is set to be banned in NSW from this Saturday.
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BTW
McGrath consolidates its presence on Queensland/NSW border
The three businesses can now work together cohesively to cover the central and southern Gold Coast markets right through to Pottsville on the Tweed Coast and inland to Murwillumbah. The Announcement: McGrath Estate Agents today announced that its franchise operation across Queensland’s Palm Beach region and New South Wales’s Tweed Coast has had a restructure that enhances their local business operation. McGrath Palm Beach managing…
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Real Estate News
Top 5 social media tips for 2023
You know you should be on social media as a real estate agent. Everyone says so.
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