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If you have any news for the Real Estate industry - whether you are a professional or a supplier to the industry, please email us: newsroom@eliteagent.com

News

iBuying platforms falling like dominoes

It hasn’t been a good start to November if you’re an iBuying platform, with Redfin closing its house-flipping business and sacking 13 per cent of its team as the brokerage…

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5 secrets to growing your rent roll

What is the secret to building a successful property management agency?

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4 million virtual inspections show changing trends in buying property

More than four million digital property inspections have been undertaken on a leading virtual tours platform over the…

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More choice for buyers as listings rise

The total number of properties for sale is increasing in nearly every part of the country, finally giving…

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Switch and save on your business insurance

Real estate agents face many risks, from misleading or deceptive conduct to clients falling over in their office. 

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Flood-affected property markets to recover within 12 months

Flood-affected property markets are likely to bounce back within 12 months according to an expert.

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Bali hotspot Sanur is getting a luxury makeover

One of Bali’s original tourist spots is making a comeback with Sanur undergoing major gentrification and in the…

News

Young Australians live with their parents to save for a house deposit

The rising cost of living, including a lack of affordable housing, has changed the financial landscape for Australia’s…

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Explore Property makes a move into WA

Queensland-based real estate network Explore Property has opened offices in Western Australia with experienced professional Belinda Chandler.

Industry News

McGrath expands into Brisbane’s north

An accomplished team of 10 will be led by principals Alex Porter and Claire McGrath. Tamika Kent, a top-producing…

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REA Group increases revenue as “heat” comes out of the market

REA Group has announced an increase in first quarter revenue thanks to strong listings, however, the outlook remains…

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Another record-breaking year for pub sales

After a record-setting year for pub sales across NSW last year, 2022 is shaping up to be even…

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Rex reveals new tools to generate leads and convert customers

Australian-based software company Rex has launched a streamlined IT solution for real estate agents to generate leads, convert…

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Rate hikes slash home buyer’s budgets $214,000

The average family's borrowing capacity has shrunk by $214,600 as a result of seven months of interest rate…

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Billionaire puts Brisbane’s tallest penthouse on the market

Brisbane’s tallest penthouse, standing 270 m high, has hit the market.

News

Digital signatures the most valuable tech tool for agents

Digital signatures, a lockbox and apps and technology that connect to listing portals, are the most important technology…

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The 20 suburbs where property price growth is still on the cards

Burekup in south west Western Australia is ripe for future property price growth new analysis shows.

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Mortgage rates nearing APRA’s mortgage serviceability buffer

The sharp rise in the official cash rate has seen mortgage rates pushing up towards the Australia Prudential…

Industry News

LJ Hooker opens a new office in one of Brisbane’s most established suburbs

LJ Hooker has further expanded its network in Brisbane opening a new office in the popular riverside suburb…

News

October clearance rates hit a seven-month high

Auction clearance rates bounced to a seven-month high across the combined capitals and volumes have risen as sellers…

Franchise News

Luke Need partners with UrbanX in Townsville

Need Property, founded by respected local Townsville agent Luke Need, has officially entered the market with streamlined, premium…

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UrbanX introduces Pery Morrin Property

With the help of UrbanX, elite agents Steve Pery and Toby Morrin have launched Pery Morrin Property to…

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Sweetest success for Queensland’s Small Residential Agency of the Year

Sunshine Coast agent Mark McGill is no stranger to winning real estate industry awards, but his latest accolade…

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Perth most affordable for first home buyers

Perth is the cheapest location in Australia to buy a home with the outer suburbs representing good value…

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Craig Pontey and Michael Finger move to McGrath

High-profile Double Bay agents, Craig Pontey and Michael Finger have officially moved over to ASX-listed McGrath after 35…

Industry News

Scheme helps 1 in 7 first time buyers get foot in the door 

With rising inflation and interest rate increases, REIA President Hayden Groves said any initiatives to assist Australians of…

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Marketing Masterclass: What agents can learn from selling The Block’s House #3

The cultural phenomenon that is The Block took things up a notch this year, heading to the countryside…

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REA Group makes the Best Workplaces for Women list

Great Place to Work has today named REA Group on Australia’s Best Workplaces for Women list for 2022.

News

Interest rates and lending buffer see investors stuck on the sidelines

The rapid increase in interest rates is continuing to weigh on property prices and is making it more…

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RBA remains set on taming that troublesome inflation

Reserve Bank of Australia, Governor, Phillip Lowe is set to continue increasing the official cash rate in an…

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Australian suburbs where days on market have increased the most

Units in Ballarat Central in Victoria have seen their selling time increase the most in the country, according…