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Real Estate News
eXp Realty heads to New Zealand
Cloud-based brokerage eXp Realty is continuing its rapid worldwide growth by expanding its real estate operations into New Zealand, the Dominican Republic, and Greece in the first quarter of 2022.
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Real Estate News
Kiwis eye-off Australian real estate in greater numbers
New Zealand property seekers have their eyes firmly on the Australian real estate market, outranking the US and China as the overseas cohort with the largest increase in property searches Down Under.
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BTW
Two great forces combine at RE/MAX Advanced
Carolyn Drane joins David Wereszczuk at RE/MAX Advanced to double the size of his business.
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BTW
Auctioneer of the Year launches agency
Real Estate Institute of Queensland Auctioneer of the Year David Holmes has launched his own auction agency as property pundits tip Brisbane to lead capital city growth in 2022.
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INDUSTRY NEWS
Inner city buyers and townhouse demand to drive property market in 2022
Reverse sea-changers and people moving back to the inner city and into townhouses could be the driving force behind the property market in 2022 according to a leading buyers agent.
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INDUSTRY NEWS
Another lender weighs into the variable rate battle
Lenders might be raising their fixed interest rates, but variable rates continue to be slashed, with ANZ becoming the latest bank to cut its basic variable home loan.
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BTW
RE/MAX announces key WA appointment
Simon Withers was a standout candidate for the strategic corporate appointment. The Announcement: Simon Withers is tasked with growth of RE/MAX in Western Australia, a decision Managing Director Joel Davoren says sets an exciting direction for the State. He described Mr Withers as a standout candidate for the strategic corporate appointment. “Simon has almost two decades of real estate experience…
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FRANCHISE NEWS
Matthew Skene set to disrupt the Byron market under his own brand
The opportunity to do things differently and be a part of the real estate revolution is what motivated Matthew Skene to move away from the franchise model and launch his own brand, Skene & Co powered by UrbanX. Over the past five years, Matthew has been able to gain valuable real estate and sales experience in the Sydney market and,…
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INDUSTRY NEWS
Build-to-rent-to-buy housing to help vulnerable ACT women
A new initiative from the ACT Government aims to help vulnerable and at-risk women get onto the property ladder.
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INDUSTRY NEWS
How much does the average real estate employee earn?
The Australian Bureau of Statistics has revealed the average weekly income for employees in the real estate sector.
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INDUSTRY NEWS
Residential land value hits $6.6 trillion with further increases tipped
The value of residential land in NSW might have hit $2.67 trillion, but it’s still worth less than tech company Apple.
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INDUSTRY NEWS
Central coast home jumps by $4 million in 18 months
A luxury home for sale on the Central Coast has increased in value by $4.5 million in und two years, highlighting the surge in demand for properties in the area.
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APPOINTMENTS
Aswin De Silva appointed new REINT CEO
The Real Estate Institute of Northern Territory (REINT) has announced its new Chief Executive Officer will be Aswin De Silva.
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INDUSTRY NEWS
Profit making resales rise despite lockdowns
The rate of profit making resales continued to increase last quarter, overcoming widespread lockdowns in many areas of the country.
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BTW
McGrath eyes Tasmania as it opens its first office in Launceston
Josh Hart will lead the McGrath team and service Launceston and surrounding suburbs from Dilston in the north, Youngtown in the south, Riverside in the west and St Leonards in the east. The Announcement: Leading residential real estate group, McGrath Estate Agents today announced the opening of its first office in Tasmania in flourishing Launceston, as part of the group’s strategic move to…
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INDUSTRY NEWS
WA skills shortage could lead to an affordability crisis
A new Property Council report has revealed 35 per cent of new apartment developments are on hold across Perth due to the impact of the state’s ongoing skills shortages.
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Real Estate News
Perth’s top 10 suburbs for price growth revealed
The Real Estate Institute of Western Australia (REIWA) has revealed the top 10 Perth suburbs with the greatest price growth in 2021, with Woodlands leading the charge.
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INDUSTRY NEWS
Value of home loan commitments rises after three months of falls
New loan commitments rose 6.3 per cent according to the latest data from the ABS marking continued strength in the national housing market.
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INDUSTRY NEWS
Every New Zealand suburb grew in value in 2021
A new report has highlighted just how strong the New Zealand property market has been, with every suburb showing positive capital growth in the past 12 months.
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BTW
LJ Hooker expands South Auckland footprint with new Drury office
LJ Hooker has expanded its presence in New Zealand with a new office in the South Auckland region. The Announcement: LJ Hooker has expanded its South Auckland network, as an existing real estate brand in Drury joins LJ Hooker. Principal Brent Worthington, who has been deeply ingrained in the Drury and surrounding area for more than 20 years, will lead…
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BTW
Josh Tesolin sold almost a house a day in 2021
Josh Tesolin’s goal for 2022 is to win the top Ray White principal and NSW and ACT for GCI. The Announcement: Josh Tesolin, the dynamic 26 year old business owner of Ray White Quakers Hill, personally sold a record-breaking 350 properties last year. No one single agent at any agency in Australia has ever sold that many properties in one…
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FRANCHISE NEWS
Toby Sandell and team bring The Agency to Toowoomba
The Agency today announced the continued expansion of its national footprint with its launch into Queensland’s regional city of Toowoomba, helmed by leading and well-respected sales agent Toby Sandell.
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BTW
New Belle Property office for Crows Nest
Led by Co-Principals, Mark Jackson and Matthew Smythe, the new Belle Property Crows Nest office will service Crows Nest, Naremburn, North Sydney, Wollstonecraft, and Waverton.
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Real Estate News
An unremarkable end to a remarkable property year in NZ
A remarkable year for New Zealand’s residential property market came to an unremarkable end, according to property intelligence firm QV.
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Real Estate News
Peak, peaked or peaking? How to read the current property market
Last year’s incredible house price growth drew plenty of media commentary, but there’s one big question many continue to ask: when will the market peak?
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Celebrity Homes
David Spade sells Beverley Hills mansion
American actor and stand-up comedian, David Spade, has listed his Beverley Hills home for US$16 million more than he paid for it two decades ago.
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BTW
MRI Software acquires LeaseEagle
The latest acquisition further increases MRI’s APAC presence, support and client base. The Announcement: Global PropTech leader MRI Software today announces its acquisition of LeaseEagle, an Australian-based leader in commercial property lease management solutions for tenants in corporate, retail, healthcare and other sectors. Founded in 2005, LeaseEagle’s software is used by clients to manage over 50,000 locations across Australia, New…
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INDUSTRY NEWS
Rents hit record highs in most capital cities
The latest data from Domain shows that rents across most capital cities in Australia are now at record high levels.
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INDUSTRY NEWS
Law reform key to digital Australia
Lawyers and business owners are calling out for consistent and permanent reforms across all Australian jurisdictions as digital document signing becomes a business mainstay.
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BTW
First National promotes two executives, strengthens ties with New Zealand
First National Real Estate has announced new management roles that appoint Stacey Kelly to national business growth manager and Matthew Harvey to head of growth. The Announcement: First National Real Estate has promoted two long-term executives to new roles, in a re-shuffle that reflects closer ties between the Australian and New Zealand arms of the network. Since 2019, the not-for-profit ‘adaptive…
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INDUSTRY NEWS
First home buyer lending in NZ likely to slow down
The first home buyer market in New Zealand is likely to slow down in 2022 as banks continue to reduce low deposit home loans according to new analysis from CoreLogic.
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INDUSTRY NEWS
Is this the end of ultra-low fixed rates?
The era of ultra-low fixed rate loans could be over as interest rates on fixed rate loan products continue to increase.
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Celebrity Homes
Selling Sunset’s Jason Oppenheim puts his home on the market
Star of the hit reality TV show, Selling Sunset, Jason Oppenheim has listed his personal home for sale.
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INDUSTRY NEWS
Micro markets and varying price growth tipped for 2022
Property prices will continue to drift higher in 2022, however, a leading property expert believes house prices will soon be ‘demand-led’ as markets begin to normalise.
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FRANCHISE NEWS
How to grow your business 560 per cent, like Remy Durieux
When Remy Durieux made the decision to launch Remy’s Real Estate, he was excited to be his own boss and build his brand.
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