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INDUSTRY NEWS
REIV calls for full sale price disclosure as part of property market review
The Real Institute of Victoria (REIV) has called for full sales price disclosure, standardised residential sales contracts and a review of the Residential Tenancies Act to address housing availability issues.
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INDUSTRY NEWS
Australia’s house price growth continues to slow
Australian house prices have grown by 0.34 per cent in March, the slowest since March 2020 according to new data.
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INDUSTRY NEWS
Australia’s top 10 property powerbrokers
The latest Australian rich list features a host of property powerbrokers whose wealth has skyrocketed in the past 12 months.
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INDUSTRY NEWS
Suburbs most at risk of coastal surges and erosion
Storm surges and coastal erosion has the potential to wipe out $1.47 billion worth of property at Paradise Point on the Gold Coast, according to a new report.
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INDUSTRY NEWS
First home buyers could turn to rentvesting in Sydney and Melbourne
Priced out of the major cities, first home buyers could choose to rentvest in what’s becoming a more popular option according to new analysis.
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BTW
Peter Diamantidis expands into St Clair
The merger will see both Ray White St Marys principal Peter Diamantidis and existing principal of the independent office David Richards, as well at their teams, remain with the business. The Announcement: The powerhouse team behind Ray White St Marys have expanded into their second location, taking over ownership and merging with an existing local St Clair office, in Sydney’s…
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WEIRD AND WONDERFUL
Who will be the world’s first trillionaire?
The pandemic saw the fortunes of the world's wealthiest people skyrocket with the race now on to become the world's first trillionaire.
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INDUSTRY NEWS
Domain to buy Realbase as it scales holistic solution for agents
Real estate listings portal Domain has agreed to buy campaign management platform Realbase for $180 million.
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INDUSTRY NEWS
Sydney and Melbourne markets swing in favour of buyers
A two-speed Australian property market has started to emerge as demand for real estate in Sydney and Melbourne wanes, new data shows.
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INDUSTRY NEWS
PropertyMe celebrates 5000 clients
PropertyMe has this month secured its 5000 client. Doyle Spillane on Sydney's northern beaches brings a further 30 agents and 1100 properties onto the platform.
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INDUSTRY NEWS
New pact to increase women in property ‘tough spots’
A coalition of the property sector's most powerful executives has announced a new initiative designed to ensure women play a meaningful role in major leasing and capital transaction assignments.
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WEIRD AND WONDERFUL
Iconic April Fools’ Day pranks for the ages
There’s a lot of conjecture about how and where April Fools’ Day originated.
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Real Estate News
Only one-third of WA tenants get their whole bond back
Little more than 30 per cent of Western Australian tenants received their entire bond back at the end of their tenancy, new data shows.
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BTW
Homely appoints Oliver Stanbrook to lead growth in Queensland
The former Domain and Carsales manager’s appointment is part of a hiring blitz for Homely, with more announcements to follow in the coming weeks. The Announcement: Homely.com.au announces its next era of growth in Queensland with the appointment of Oliver Stanbrook to Queensland State Sales Manager, effective immediately. Oliver was previously a Senior Partnerships Manager in Melbourne, where he played…
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INDUSTRY NEWS
Amazon Prime announces season 3 of Luxe Listings Sydney
With season 2 of Luxe Listings Sydney set to air on Friday, Amazon Prime has announced season 3 of the hit series will launch later in 2022.
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Real Estate News
What’s good and what’s not in the 2022 Federal Budget
Tuesday's Federal Budget had an overarching theme of reducing the cost of living and come Wednesday morning the real estate sector weighed in what it liked and didn't like about Treasurer Josh Frydenberg's balance sheet.
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INDUSTRY NEWS
Kylie Walsh celebrates first anniversary of REGROWTH with triple treat hire
On the first anniversary of REGROWTH Coaching and Consultancy, Founder Kylie Walsh has named two new directors and a business manager to help facilitate demand and continue a strong growth trajectory.
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INDUSTRY NEWS
Jenkins & Co Property Tasmania launches in Launceston
Jenkins & Co Tasmania has launched in Launceston with the arrival of the boutique brand coinciding with the expansion of UrbanX into the state. After 16 years in the industry, working under the traditional franchise model, Phillipa Jenkins made the decision to launch her own brand, and stand out from her competition, with the support of UrbanX. As the owner…
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INDUSTRY NEWS
Taney Jain: how to become a prospecting and appraisal generating machine
Making rejection your new best friend was just one key piece of advice award winning Reliance Manor Lakes Director Taney Jain imparted in a recent webinar presented by RiTA. A past AREC speaker and Real Estate Institute of Victoria Salesperson of the Year in 2021, Mr Jain explained why “prospecting is the oxygen” for the real estate industry. He also…
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BTW
Stone Real Estate adds Gary Hassett to franchise growth team in QLD
Fast-expanding real estate network Stone has bolstered its business growth capabilities in Queensland with the hire of Gary Hassett.
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BTW
McGrath recruits rising star and a string of new talent
Emily Magee has joined McGrath after achieving outstanding results in the two years since becoming a sales agent.
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INDUSTRY NEWS
One in three borrowers on the brink of financial stress
Borrowers are starting to feel the pinch of rising living costs, with one in three now on the brink of financial stress, according to new data.
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INDUSTRY NEWS
REIQ calls for help for property managers
The Real Estate Institute of Queensland (REIQ) is calling for better support for property managers who are struggling to deal with the ongoing pressure caused by the tight rental market and recent flood events.
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INDUSTRY NEWS
NZ first home buyers struggling to get a mortgage
First home buyers in New Zealand are struggling to get a mortgage with tighter lending requirements and rising interest rates squeezing borrowers, according to a leading expert.
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INDUSTRY NEWS
Sydney and Melbourne see growing demand for CBD offices
The Sydney CBD office market has seen office investment double in the past 12 months, as demand for office space in Melbourne also remained strong but steady.
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BTW
WA welcomes RE/MAX leader
he RE/MAX teams in WA recently welcomed a visit from Managing Director Joel Davoren, who attended and also presented a series of recent awards.
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INDUSTRY NEWS
REIA welcomes the opposition’s regional focus
The Real Estate Institute of Australia (REIA) has welcomed the focus on regional living with the announcement the Leader of the Opposition wants to provide 10,000 places within the First Home Loan Deposit Scheme (FHLDS) for regional Australians living in communities for 12 months or more.
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INDUSTRY NEWS
QLD industrial market to remain strong despite flooding
Despite floods impacting a huge portion of south east Queensland, the roaring industrial property market is likely to remain strong according to a leading expert.
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INDUSTRY NEWS
Realtair strikes strategic partnership with Tom Panos
End-to-end digital platform provider Realtair and real estate influencer Tom Panos have struck a new partnership which will see one of the industry’s leading trainers leverage Realtair’s all-encompassing agent services platform to guide the agents of today and tomorrow.
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BTW
Ray White Commercial QLD announces new partner
Top agent Tom Barr has partnered with the White family and Michael McCullagh in Ray White Commercial QLD to take the business to the next level.
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INDUSTRY NEWS
Sales by auction have doubled in the last decade
The popularity of auctions continues to grow, with the number of homes sold via the auction sale method doubling in the past decade.
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INDUSTRY NEWS
Voters worry young people won’t be able to buy a home
Nearly three quarters of voters fear young Australians will never be able to afford a home according to new research.
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INDUSTRY NEWS
Homebuyers cautious of potential natural disasters when moving to regions
Three-quarters of Australians would consider moving to a large regional centre under the right circumstances but are wary of the risk of extreme weather events, according to new research.
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INDUSTRY NEWS
Real estate’s night of nights – all the AREAs winners
DiJones taking out Residential Agency of the Year for the second year in a row.
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BTW
David Cutler joins the LJ Hooker performance team
David Cutler will partner with Stephen Mutton to support the growth of offices and their teams, as well expand the group across Victoria and Tasmania. The Announcement: LJ Hooker has demonstrated its commitment to growth and performance with the appointment of David Cutler as State Manager for Victoria and Tasmania. Mr Cutler has almost 25 years of experience in sales,…
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