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FRANCHISE NEWS
Noosa’s Suter Smith Cleine celebrates record first month
Four of Noosa’s best-known agents have launched their own business, celebrating their first month on the UrbanX platform with a record $19.15 million in sales.
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BTW
Luxury specialist Noel Nicholson expands in Upper Northern Beaches
Ray White Prestige | Palm Beach will open a new office in Whale Beach with a focus on local knowledge and providing first-rate service to discerning clients. The Announcement: ONE of Ray White’s top offices in one of the most highly desirable real estate locations in Australia, Ray White Prestige | Palm Beach is expanding to open an additional premises…
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FEATURE INTERVIEWS
Creating great cultures: Part 1
In this first article in a two-part series, Kylie Dulhunty asks industry leaders what attributes make a great leader, how they inspire their team and what they do when things get tough.
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INDUSTRY NEWS
NZ First Home Buyers hit record market share
Despite tough market conditions and rapidly rising house prices, first home buyers in New Zealand have hit record high market share.
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INDUSTRY NEWS
Survey analyses real estate professionals mental health in tough year
A leading mindset coach conducting research for a whitepaper analysing the mental health and wellness of real estate professionals is searching for more respondents. Jet Xavier says the Revive survey takes just a couple of minutes to fill in and the results are used to help inform projects such as the Rise Initiative and the Real Care App, as well…
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INDUSTRY NEWS
The 20 housing markets to watch around Australia
Queensland suburbs have taken out the top three spots in the Well Home Loans Green Shoots Report, which identifies the top 20 Australian suburbs likely to experience strong growth in 2022.
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BTW
Top Glenwood agent Shiv Nair joins Ray White
High-performing Sydney agent Shiv Nair has joined the Ray White Group for its strong culture and partnership philosophy. The Announcement: Award-winning agent Shiv Nair is levelling up with the powerhouse Ray White Group. Shiv Nair is well known as a star performer within the Sydney Hills District achieving many record sales and he is undeniably one of Australia’s busiest and…
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BTW
DiJones intensifies marketing, brand focus with new hire
DiJones has appointed Anjee Hopton as brand and marketing operations manager to ensure the brand DiJones created 30 years ago authentically resonates in today’s market. The Announcement: Delivering sustainable, long-term agent and client value continues to be a focal point for DiJones with the appointment of Anjee Hopton to the role of brand and marketing operations manager. “Anjee’s role is…
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INDUSTRY NEWS
Sydney’s next $2 million median suburbs revealed
With house prices rising across Sydney at more than 20% per year and with the median house price of around $1 million, the next barrier for many suburbs will be the $2 million mark.
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SUPPLIER NEWS
Openn expands team across Australia and USA
Openn Negotiation Limited (‘Openn’ or ‘the Company’) (ASX: OPN) has expanded its Australian and US teams with the addition of Mr Michael Price and Mr Andre Vidic, bringing extensive property and technology sector experience to the Company, both of which will be pivotal to the expansion and scale up of the Openn business.
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INDUSTRY NEWS
Tony Blamey joins :Different to drive growth
Australian property management company, :Different, has appointed Tony Blamey as the company’s first Chief Revenue Officer.
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INDUSTRY NEWS
New Zealand property value bounce back likely to be temporary
House prices in New Zealand recorded a mini bounce back in October with values up 2.1 per cent over the month. It was the first time in six months that price growth sped up, according to the CoreLogic House Price Index, after September recorded a monthly growth rate of 1.4 per cent. The average value of a property in New…
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BTW
Jellis Craig launches Boroondara Community Awards
Jellis Craig has launched the Boroondara Community Awards, in celebration of 30 years serving the community. The Announcement Jellis Craig has launched a connecting our community campaign entitled the Jellis Craig Boroondara Community Awards. Steve Abbott, Managing Director, Jellis Craig Boroondara said ‘The campaign objective is to come together to celebrate the importance of home and each other.’ Highlighting the…
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BTW
New LJ Hooker office opens in Sydney’s inner west
LJ Hooker will now be represented in Sydney's sought after inner west suburbs after opening a new office in Dulwich Hill.
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INDUSTRY NEWS
REA Group reports Q1 results, revealing strong growth
REA Group delivered strong growth across its Australian segments during the three months to September 30, with revenue excluding acquisitions increasing by 22 per cent year-on-year to $264 million.
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Real Estate News
Industry offers recommendations to address housing supply
Both the Real Estate Institute of Australia and the Property Council have offered their take on how to address Australia’s housing supply shortage.
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INDUSTRY NEWS
More choice expected for home buyers
Following a lengthy period of demand far exceeding supply, home buyers can expect more choice over the coming months, with rising auction volumes and thousands of new listings across most of the country, as COVID-19 restrictions ease.
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BTW
Stone Real Estate Epping expands with new merger
WigginsKeenan Real Estate has merged with Stone Real Estate Epping, expanding the office’s team and rent roll. The Announcement: Just months after opening, Stone Real Estate Epping has grown further, thanks to a merger with local office WigginsKeenan Real Estate. After a very successful five years, WigginsKeenan announces this week it would be merging with the Stone Real Estate office…
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BTW
Belle Property St Kilda expands with new Brighton office
Belle Property St Kilda will open a new office in Brighton where the co-directors will lead a team of 40 across the city of Melbourne. The Announcement: Belle Property’s award-winning St Kilda team is opening a new office in Brighton this week, expanding its reach across Melbourne’s south. Co-directors Sam Inan and John Manning, who bring more than 30 years…
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BTW
Rental Management Australia rolls out MRI PropertyTree
Low housing supply is pushing rent prices up, with the biggest increase in Perth according to MRI Software. The Announcement: Rental Management Australia (RMA) has now implemented AI-led PropTech from MRI Software to digitise many of its property management services and improve efficiencies. The largest residential asset manager in Western Australia, with offices also in Victoria and Queensland, RMA is rolling out MRI PropertyTree and MRI…
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SUPPLIER NEWS
Leading rent roll broker joins businessDEPOT Agency Broking
We’re excited to announce we will be partnering with Dean Yeo to help strengthen our offering for real estate businesses [including those buying or selling their business in Queensland or Northern NSW].
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INDUSTRY NEWS
Victoria breaks land price records with lots over $300,000
Land prices in Melbourne’s key growth corridors have experienced strong growth, increasing by 7.7 per cent over the year, with lots in almost every municipality now valued higher than $300,000.
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INDUSTRY NEWS
New REINSW president Peter Matthews takes the reins
Peter Matthews, Founder & CEO of Realtair, today begins a two-year tenure as President of the Real Estate Institute of NSW (REINSW). Mr Matthews takes the reins from Leanne Pilkington, CEO and co-owner of the Laing+Simmons network, who remains on the REINSW Board.
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INDUSTRY NEWS
Snug and Zango integrate to make renting easier and faster
"In the highly competitive Canberra rental market speed counts. As a modern, vibrant property portal with an unwavering focus on user experience and customer service, Zango is delighted to partner with Snug to expand upon our platform's digital agility to reliably and conveniently connect people with places" said Zango CEO, Darryn McRae.
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FRANCHISE NEWS
UrbanX partners smash $100M+ in Sales over 12 Months
Australia’s fastest-growing platform for high-performing agents, UrbanX, has celebrated two agent partners reaching $100M in sales over the last 12 months.
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BTW
Buyers waiting for price reductions will be disappointed
The Reserve Bank of Australia has made it clear it wont be increasing the cash rate soon, causing a high demand for houses from investors. The Announcement: Interest rate risk overstated Property buyers waiting for promised price reductions will be disappointed, according to Pete Wargent, co-founder of Australia’s first national network of property buyer’s agents, BuyersBuyers. Mr Wargent said, “low mortgage rates are still attractive for…
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INDUSTRY NEWS
Sydney house prices to reach new heights in 2022
House prices are expected to surge as domestic borders open and international travel resumes, according to experts surveyed by financial comparison site, Finder.
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INDUSTRY NEWS
Regional property markets predicted to outperform capital cities in 2022
Regional property markets will be the ones to watch in 2022, according to Canstar’s inaugural Rising Stars Report, which identifies the top suburbs for future price growth.
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COMMERCIAL
Colliers seals multimillion dollar Queensland deals
Colliers has negotiated two multimillion dollar commercial deals in Queensland, including a record-breaking $22 million industrial sale, and the acquisition of a rare residential in-fill site.
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FEATURE INTERVIEWS
Big Brother is watching Daniel Hayes… again!
After being typecast as the villain in the 2021 season of Big Brother, the Geelong based sales mogul has returned to the Big Brother house for its VIP season – only this time, he plans to make it to the very end.
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FRANCHISE NEWS
Harcourts Australia appoints Adrian Knowles as chief executive officer
Leading real estate brand Harcourts Group Australia has today announced the internal appointment of a new national CEO in Adrian Knowles.
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INDUSTRY NEWS
Housing affordability declines as investors flock to COVID-free states
New loan commitments for housing have fallen, particularly in COVID-ravaged states, as housing affordability continues to decline.
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APPOINTMENTS
Domain appoints new chief product officer Nathan Brumby
Today Domain, a leading property marketplace, has announced the appointment of Nathan Brumby to Domain’s Executive Leadership Team in the role of Chief Product Officer.
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