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Elite Agent
Rockend increases commissions on Moving Hub
Cloud software services provider Rockend has announced a 20 per cent increase on the commission that agencies receive from utilities connections provider Movinghub. The Movinghub service is a complimentary service that Rockend made available to Property Tree users in 2018. The service helps agencies to deliver more value to tenants as they move to their new home, and at the…
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Elite Agent
Auctions this week: Buyers are back
According to CoreLogic, the first week of July 2019 saw a combined capital clearance rate above 60 per cent for the fourth consecutive week. With the Federal Election now an almost distant memory, Elite Agent spoke to some of Australia and NZ’s top auctioneers to see if buyers are really back, and what the lead-up to Spring Selling Season is…
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Thought Leaders Podcast
Reading the crowd and maximising the final bid: Damien Cooley
Damien Cooley is without doubt one of Australia’s most recognised and booked property auctioneers. Starting in real estate 20 years ago in property management, Damien is now relied upon by his many blue chip clients for his intimate style, professionalism and unsurpassed calibre of service. Many of you have probably seen Damien working his magic on shows like The Block, which…
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Real Estate News
Purplebricks confirms US Exit
After announcing earlier this year their intention to exit the Australian market, Purplebricks have confirmed to investors that the group will withdraw from the US business which began trading in 2017. In the financial year just ended (April 30) Group revenue increased by 55 per cent to GBP 136 million and UK revenue was up 21 per cent to GBP…
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National
Variable mortgage rates fall below 3 per cent following RBA’s second consecutive cut
Variable mortgage rates in Australia have hit a new low following the historic decision by the Reserve Bank of Australia to cut the cash rate to 1 per cent. Late this afternoon, RateCity.com.au confirmed Reduce Home Loans was among the small lenders embracing the latest cut, slashing its lowest rate by 0.20 per cent to 2.89 per cent. Meanwhile, ANZ…
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Thought Leaders Podcast
10 ideas that will make you more successful in real estate sales: Alex Mintorn
Over the past nine years, Alex Mintorn has become one of the leading agents on Sydney’s Upper North Shore. He is also one of the top four agents in the McGrath network of more than 900 agents Australia-wide. Along with his partner, Maddie Stock, they have been involved in more than 79 sales, worth almost $150m with average days on…
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INDUSTRY NEWS
realestate.com.au launches re-marketing service for agents and agencies
Reach is an end-to-end digital marketing solution that allows agents and agencies to build an online presence and remain top of mind among local property owners when they are visiting sites on the web away from realestate.com.au. According to realestate.com.au’s General Manager for Leads, Rachel Morley, the new Reach product has been designed to engage with prospects throughout the selling…
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Thought Leaders Podcast
How to sell a property every 1.7 days: Tom Hector
At the age of 28, Tom Hector is already a veteran in the industry. He got his big break when he was still a teenager, winning the 2008 South Australian Auction Idol competition, and has never looked back. Having pressed pause on the plumbing apprenticeship he took up after leaving year 12, his success in the industry means he is…
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Thought Leaders Podcast
Sell (and market) like crazy: Sabri Suby
Sabri Suby is a serial entrepreneur who runs one of Australia’s fastest growing end-to-end digital marketing agencies King Kong. Having originally founded the company in 2014 from his bedroom, in under five years he has successfully built a blue chip clientele, many of them in the real estate industry. Having just released a book “Sell like Crazy,” Sabri joins us…
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Elite Agent TV
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Elite Agent TV
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Elite Agent
Advocating for the industry: 30 minutes with Andrew Rechtman
A new frontier is fast approaching, and conquering its unique challenges is something to be done with a united, not a divided, approach. That’s the message from REA Group Executive General Manager of Residential Andrew Rechtman following the Industry Leadership Forum in New Zealand in April. With realestate.com.au hosting the forum, it was the ideal opportunity for the group to…
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Elite Agent
Five signs you need to improve your business operations and how get started
Efficiency is such a buzz word right now. In real estate, everyone is talking about how they need to become more efficient to remain competitive in a tech-enabled future. In part, much of this relates to having great, repeatable processes that allow you to manage more customers with fewer resources. In sales, you can scale a team and handle more…
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Real Estate News
Catalano backs proptech advertising platform startup
Former Domain Chief Executive Officer, Antony Catalano, has announced his involvement in The Today Business, a media and proptech company designed to enable clients to make better property marketing decisions. Mr Catalano, who recently purchased Nine’s regional newspapers has taken on the role of Chairman of the new company and told Fairfax that the platform had cost about $1 million…
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INDUSTRY NEWS
Gavin Rubinstein to open Ray White office in Woollahra
Gavin Rubinstein, a number one salesperson in the Ray White Group for the past six years, is set to open a Ray White office on Queen Street, Woollahra as of 1 June, 2019. The location is in one of the most prestigious pockets in Sydney’s eastern suburbs. Mr Rubinstein has been part of the leading Ray White Double Bay office…
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INDUSTRY NEWS
Liberal Party announces leg up for First Home Buyers
First home buyers are set for a significant leg up with a new initiative from the Morrison Government to slash the size of a home loan deposit, announced last night. Recognising that it can take nine to 10 years for an average household to save a deposit the Liberal plan is to help Australians realise the goal of buying their…
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FRANCHISE NEWS
Michelle Delaney announced as permanent CEO for Better Homes and Gardens Australia
Better Homes and Gardens Australia has appointed Michelle Delaney to the position of CEO Australia. This appointment adds additional strength to the group following last week’s announcement that the company had opened its first two offices in Sydney’s Hills District. The team at Combined Services – the parent company of Century 21 and Better Homes and Gardens Real Estate in…
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Thought Leaders Podcast
Episode 88: Balancing leadership, management and family – Melanie Laing
In this week’s edition of The Leadership Diaries, our special guest is Head of Connectnow, Melanie Laing. Melanie (Mel) boasts an impressive resume as a leader, having held senior roles AGL and HSBC - and learned from one of the best in Jack Welch during her time at GE. In this episode she, of course, gave Sam the scoop on some…
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Elite Agent
Purple Rain: 7 marketing lessons for any business
Purplebricks spent roughly 900 days on Australian soil, reportedly spent roughly $200 million in marketing, yet couldn’t make their business model work. With my marketer’s hat on, here are what I hope are seven useful and practical lessons we can all take away from the experience. 1. There is no point branding unless you can convert Homer Simpson can’t live…
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Real Estate News
Purplebricks confirms Australian Exit
After weeks of speculation, Purplebricks Australia has announced its intention to exit the Australian Market. Michael Bruce, the Group’s Founder and CEO is stepping down from the business with immediate effect. Vic Darvey, previously Purplebricks COO, has been promoted to the role of Chief Executive Officer effective immediately. A statement from the new CEO regarding the Australian exit says: “After…
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Thought Leaders Podcast
Episode 87: Securing the transaction with Lee Bailie
In this week's edition of the Elevate podcast, Samantha McLean sat down with InfoTrack General Manager of Product and Innovation, Lee Bailie. Sam and Lee had a chat about the biggest cyber threats facing real estate businesses right now and how the company's latest offering - Securexchange, can help keep you and your clients protected.
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Real Estate News
Ray White Double Bay parts ways with Gavin Rubinstein
Ray White Double Bay has parted with agent Gavin Rubinstein after ten years in the business. A statement from the company’s Managing Director, Elliott Placks, said there was no doubt that Gavin had left an indelible mark on the Sydney property scene in his career to date. “We have enjoyed watching Gavin and his team grow and develop over the years.…
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Thought Leaders Podcast
Episode 86 Chris Hanley OAM: How to remain optimistic while planning for challenges
In this week's edition of The Leadership Diaries, Samantha McLean sat down with First National Byron Bay Principal Chris Hanley OAM. Chris had just come back from New Zealand soon after the Christchurch attacks and in this podcast Chris talks about what's happening with Rise conference, the 80/20 rule in real estate, effective delegation and how you might plan for…
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Thought Leaders Podcast
Episode 85: Adam Bryant and Bobby Reynolds – Behind the suits
In this week's edition of the Elevate podcast, Samantha McLean catches up with the boys from Agency Central, Adam Bryant and Bobby Reynolds. Adam and Bobby share their real estate journey so far, their philosophy behind social media, digital marketing and the making of their successful podcast.
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Real Estate News
Juwai.com partners with Archistar to launch Property Feng Shui Reports
Juwai.com has launched a new service in partnership with Archistar offering Chinese real estate buyers the option of analysing the floor-plans of potential acquisitions for Feng Shui. Archistar is an Australian Proptech startup, responsible for creating and operating a Feng Shui analysis feature that assesses floor-plans and provides insights and design recommendations. To celebrate the launch, Archistar conducted a Feng Shui…
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Thought Leaders Podcast
John McGrath – What it takes to win in 2019
In this week's edition of the Elevate podcast, it's a warm welcome back to John McGrath. Samantha McLean caught up with John to talk about this year's AREC conference, winning in the current market, the future and what's changed since he wrote the classic You Inc. back in 2003.
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INDUSTRY NEWS
United Nations reviews ambitious plan for sustainable floating cities
The United nations this week was presented with a new frontier for human settlements, along with the possibility of living sustainably and in harmony with life below water. Bjark Ingels Group (BIG) presented Oceanix City at the first United Nation’s high-level Roundtable on Sustainable Floating Cities. Co-convened with OCEANIX, the MIT Center for Ocean Engineering and the Explorers Club, BIG’s…
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Real Estate News
Budget 2019 focused on a strong economy
Prime Minister Scott Morrison and Federal Treasurer Josh Frydenberg handed down the Federal Budget last night. With a Federal Election on the horizon, the centrepiece of the budget was a cash rebate pitch to middle income earners and no changes to taxation legislation this side of an election. It’s the second year in the row there was no mention of…
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Thought Leaders Podcast
Episode 83 Owen Wilson: ‘Stay the Course’
In this week's special edition of The Leadership Diaries, Samantha McLean sat down exclusively with the new CEO of REA Group, Owen Wilson. With the industry currently in a fluctuating state, Owen shares his immediate goals for REA Group, where he sees the opportunities for growth in the industry and what the future might look like. He also shares some…
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Elite Agent
‘Together we will succeed’: Owen Wilson
Owen Wilson stepped into the top job at realestate.com.au in January – amidst arguably the worst downturn in the property market in the past 10 years. With an uncertain year ahead and global players such as Facebook making their own plans in real estate, Wilson’s overall philosophy is that it’s time for REA Group and agents to work together for…
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Real Estate News
Century 21 welcomes Warren McCarthy as their new CEO
Century 21 Australasia has announced the appointment of Warren McCarthy as their new CEO. Mr McCarthy, an industry veteran of 35 years has held senior roles with LJ Hooker (as CEO) where he was instrumental in growing the network across Australia as well as into India and South East Asia. More recently he was a member of the McGrath Group…
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Thought Leaders Podcast
Episode 82: Dave Stewart – Transparent and time saving transactions
In this week's edition of the Elevate podcast, Samantha McLean catches up with industry gamechanger Dave Stewart. Dave is the AREA award-winning brain behind Market Buy, an online offer management system that is making it as easy for consumers to buy houses just like they're buying their groceries.
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INDUSTRY NEWS
Negative Gearing reform will increase rents and decrease values: SQM
If Labor’s negative gearing policy is legislated in its current form, expect a rise in rental yields which will occur through a combination of falling house values and, eventually, a rise in rents. That’s the headline from an update to an SQM Research (SQM) research paper released in November 2018, modelling the proposed Labor Party changes to negative gearing that…
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Real Estate News
InfoTrack launches product to safeguard trust account details from cyber criminials
Tech company InfoTrack has launched a product called Securexchange to protect real estate agents, conveyancers and buyers from the threat of large financial loss during property exchanges. InfoTrack General Manager Lee Baillie says that the system has been specifically designed to prevent the intercepting of insecure emails which may include settlement bank account details. Instead of getting the correct account…
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Thought Leaders Podcast
Episode 81: Kul Singh – The latest rental research and The ‘Real Ideas’ Prize.
In this week's edition of the Elevate podcast, realestate.com.au’s General Manager of Rent, Kul Singh joins Samantha McLean to analyse landlord habits that may surprise you, share his tips on how you can stand out as the go-to property manager of choice and he also gave us an exclusive look into The Real Ideas Prize. realestate.com.au's groundbreaking new competition that aims to reimagine the…
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