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Transform
Transform 2017 Week 10B Jet Xavier: Preparing for Battle, How to be E.P.I.C.
Here are the highlights from our Super Six session with Jet Xavier Coach: Jet Xavier Key Points Embrace, Play, I Am, Connect – the E.P.I.C. framework Embrace your fear rather than resist it; when mistakes happen, learn from them. When playing the long game, treat your experiences as fun Quote “Fear is a healthy thing. See it as that. Understand…
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Elite Agent
Husband and wife team take up a new challenge
Raine & Horne has made double play in recruiting the talent to head up its newest office on the northern beaches. They have managed to lure not only one of the peninsula’s most successful agents in Ben Spackman as principal of the new Mona Vale office, but also his wife Katie, who will head up the property management business. Ben, who…
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Real Estate News
Pressure being felt across Sydney rental market, REINSW
Residential vacancy rates across Sydney are showing no signs of relief, according to the Real Estate Institute of New South Wales. REINSW President John Cunningham said the April 2017 REINSW Vacancy Rate Survey saw the Sydney metropolitan area remain steady at 1.7 per cent, despite a decline of 0.2 per cent at 1.2 per cent in Middle Sydney. “A vacancy…
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INDUSTRY NEWS
New App Removes Price Barrier to Augmented Reality
The case for using augmented reality (AR) technology in the real estate industry has always been compelling but for many, implementation costs have put it way out of reach – until now. Imagine consumers being able to use Augmented Reality to see how their furniture might look in a new property at the touch of a button on their mobile devices;…
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Transform
Transform 2017 Week 10A Alan Stevens: Building Rapport Using Facial Profiling
Here are the highlights from our Super Six session with The Celebrity Profiler, Alan Stevens Coach: Alan Stevens Key Points Facial features are a history of one’s personality, and there are different ways to respond and act towards different facial expressions and twitches How to approach a listing presentation with John McGrath and Monika Tu, based on their facial…
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Real Estate News
Investor housing finance moderating
The latest housing finance figures released today by the Australian Bureau of Statistics (ABS) confirm that finance approvals for investor housing is moderating, according to the Real Estate Institute of Australia (REIA). “The value of investment housing commitments decreased by 0.3 per cent in March 2017 in trend terms. This is down from its 2015 peak,” Malcolm Gunning, REIA President…
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Real Estate News
realestate.com.au Launches ‘property curation’ feature for users
realestate.com.au is making it even easier for Australians to find their next home or property thanks to the launch of Collections, available with the latest app update on the realestate.com.au iOS and Android apps. Signed in app users have for a long time been able to save their favourite searches, but now, with to Collections, they can also categorise and…
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Real Estate News
New Program for Female Students
The property industry has come up with a smart idea to grab the attention of the next generation of potential recruits with the latest initiative in its campaign to promote diversity and equal opportunity in the sector. The Property Council of Australia yesterday kicked off a new pilot program in Sydney to introduce female high-school students to the range of…
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Real Estate News
Chinese Buyers Still Dominate But Buying Fever Has Eased
The head of the world’s leading Chinese website for international real estate has praised the latest Foreign Investment Review Board annual report as proof the current system is working well. Juwai CEO Charles Pittar said it showed foreign investment was going right where Australia wanted it and was one of the few bright spots in the economy. FIRB chairman Brian…
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FRANCHISE NEWS
Luxury agent Chantal Hooper joins Di Jones
Di Jones Real Estate has appointed Chantal Hooper to join its Eastern Suburb’s team. Di Jones Real Estate CEO Rob Ward said Chantal’s international experience, network and ability to work across cultures sees her as a valuable addition to the team. “With a wealth of experience servicing prestige clients in Sydney, we’re delighted to have Chantal joining us at Di…
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Real Estate News
Smashed avo makes a comeback in Brisbane
Can you still have your #smashedavo on toast and be able to buy property? A Ray White agent in Sherwood, Brisbane, believes so, using a clever marketing campaign for one of his developments that offers buyers brunch free every weekend for a year at a local cafe. Ray White Sherwood principal Cameron Crouch came up with the clever campaign playing on the…
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Transform 2017 Coach
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INDUSTRY NEWS
Stock Levels Rise as Demand Slows
Following years of frenetic activity in Australia’s hottest real estate markets, more signs are emerging that buyers might be ready to take a breather after CoreLogic reported stock levels are now outstripping demand in some cities. Months of Supply figures are used to predict how long it should take to clear volumes of stock currently on the market and found…
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Transform 2017 Coach
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Real Estate News
Online Property Listings Businesses Remain Buoyant
Australia’s two largest online property portals are still doing most of the ‘financial’ heavy lifting within their parent’s businesses. REA Group, part of News Corp and owner of realestate.com.au, announced an impressive 16 per cent growth in Australian revenue for the March quarter compared with the same period last year. Its ASX announcement noted the result was driven by the strength…
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New Auction Payment App on Track for Spring Sales Launch
The days of property buyers having to roll up to auctions armed with cheque books they might never otherwise use appear to be numbered with Macquarie Bank on track to launch Australia’s first electronic auction payment application in time for the spring auction season. About a dozen agents in NSW and Victoria are now piloting the DEFT AuctionPay app, which…
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Transform
Transform 2017: Coach Interview Claudio Encina
Transform 2017 Coach Claudio Encina talks about the progress of #TeamEncina (Ben Salm and Darin Butcher) and what he is asking them to focus on for the next couple of weeks before AREC.
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Transform
Transform 2017: Coach Interview Tanja M Jones
Transform 2017 Coach Tanja M Jones talks about the progress of #TeamTanj (Leanne Druery and Michael Carter) and what she is asking them to focus on for the next couple of weeks before AREC.
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Elite Agent
Stamp duty is stopping Australian’s from selling: LJ Hooker
A survey by LJ Hooker has shown that Government charges are dissuading property owners from selling their homes, driving up demand and impacting affordability. The survey of 2,700 homeowners showed 44 per cent of respondents who wanted to sell in 2016 but decided against it, cited transactional imposts such as the stamp duty they would pay on their next property…
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Elite Agent
New Home Approvals Cycling Down
Building approvals data for March 2017, released today by the ABS indicate that residential building is set to slow, according to the Housing Industry Association (HIA). HIA Acting Chief Economist Warwick Temby said “the 13 per cent decline in new dwelling approvals during March (seasonally adjusted) confirms HIA’s forecasts for a slowing in new residential building projects through 2017. “From the record…
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Real Estate News
Affordability Crisis Could Lead to the First ‘Cubby House’ Generation: CoreLogic
The Federal Government has a big task ahead as it prepares to release its housing affordability strategy in today’s Budget after new research by CoreLogic has revealed the affordability crisis has created an entrenched pessimism about high prices and the prospects of future home ownership. The latest CoreLogic Perceptions of Housing Affordability survey showed nearly 90 per cent of non-home…
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Transform
Transform 2017: Coach Interview Tom Panos
Transform 2017 Coach Tom Panos talks about the progress of #TeamTom (Nikki Horner and Lukas Pedder) and what he is asking them to focus on for the next couple of weeks before AREC.
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Transform
Transform 2017: Challenge Week – Behind the Scenes
Transform 2017 Coach Jet Xavier takes you “Behind the Scenes” of the Week 10 listing presentation challenge with John McGrath and Monika Tu. Samantha McLean also chatted to Jet about his experiences on the day, as well as what advice he gave the Supersix before going into the ‘Shark Tank’
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Transform 2017 Coach
Transform 2017 Week 9B Trish Varker-Miles: Grow Your Real Estate Business By Using Smart PR
Coach: Trish Varker-Miles Key Points PR involves spreading information between an organisation or an individual to the wider public; managing your reputation and brand awareness Target your audiences with relevant content at relevant times; keep across interests and observe digital influencers for ideas Video Notes/Transcript Thanks for having me today. I’m really looking forward to speaking to you about PR and how…
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Transform
Transform 2017 Week 9A Colin Anstie: Grow Your Real Estate Business Using Social Media
Coach: Colin Anstie Key Points 3 key elements to keep up-to-date on your Facebook Page: cover photo, profile picture and the ‘About Me’ section Focusing on the humans behind the brand in your content creation Using Facebook Live for open homes and auctions; Facebook Marketplace for prospecting to independent sellers. Video Notes/Transcript Today is really just brutally and bluntly showing you…
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Elite Agent
Are Governments becoming too reliant on property tax revenue?
The growing reliance of state and local governments on fat property tax revenues generated by the eastern states’ property boom has prompted analysts at CoreLogic to issue a warning – it may be time to consider a more sustainable model. Research analyst Cameron Kusher said the latest ABS data showed property taxes now accounted for a record 52% of the total…
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Real Estate News
New Biometric Technology to Speed Up Loan Approvals
Property agents should appreciate the flow-on effects of ground-breaking new identity verification technology, based on facial recognition, that is set to streamline mortgage approvals and speed up the whole property transaction process. The solution, being hailed as Australia’s first fully digital verification of identity (VOI) process, is a response to the strict and time-consuming Know Your Client (KYC) identification requirements…
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Real Estate News
Virtual reality technology sells Perth home to offshore buyer
A City Beach home in Perth, WA has sold for $1.83 million – $80,000 above asking price – to a couple based in Hong Kong, who beat buyers based in New York. The two buyers – both couples – competed for the property at 22 Bent Street, City Beach and used virtual reality technology to view the home. Of the…
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Real Estate News
Century 21 Announces the winner of the Sunshine Coast Apartment
Century 21 yesterday announced that Mr Brian Gittings of Lindendale in Northern New South Wales has won the company’s inaugural apartment giveaway competition. Mr Gittings automatically entered the draw to win the $400,000 apartment after successfully selling his macadamia farm through Noel Outerbridge of Century 21 Plateau Lifestyle Alstonville in 2016. Last Friday evening he was notified at home that…
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INDUSTRY NEWS
REA Property Demand Index Falls in April
Attempts by the banking regulator to put a brake on an overheated housing market may finally be working after the latest REA Group Property Demand Index released yesterday revealed a 4.3 per cent drop in buyer demand for April. The biggest fall was in NSW (7.8%) followed by Queensland (5.4%). However, REA Group Chief Economist Nerida Conisbee said demand in…
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Real Estate News
RBA leaves cash rate unchanged at 1.5 percent
The Reserve Bank of Australia (RBA) has announced they will leave the cash rate on hold at 1.5 percent after its monthly meeting yesterday. RBA Governor Philip Lowe said that there has been a broad-based pick up in the global economy since last year. “The Bank’s forecasts for the Australian economy are little changed. Growth is expected to increase gradually…
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Real Estate News
Rentvesting – a triple play opportunity for the entire agency
Is it possible to turn a buyer into a landlord and then a tenant in the same transaction, and help them save a dollar in the process? BMT Tax Depreciation believes that many new investors pursuing a strategy of ‘rentvesting’ may be leaving thousands of dollars of legitimate tax savings on the table by not using tax depreciation. Working with…
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SUPPLIER NEWS
A rebrand for Keylog with the launch of new platform Logitout.com
Keylog is rebranding to Logitout.com this month, launching a powerful, feature-rich cloud platform that will supersede the current version. The uptake of Keylog across Australia and New Zealand has been tremendous, and this has cemented the decision to expand the platform and launch into the US market. The new platform will include extra modules and intuitive technology, making it a…
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Real Estate News
Capital gains ease and month-on-month growth conditions slow: CoreLogic
Highlights over the three months to April 2017 Best performing capital city: Hobart +5.1 per cent Weakest performing capital city: Perth -2.4 per cent Highest rental yields: Hobart and Darwin houses with gross rental yield of 4.9 per cent and Hobart units at 5.4 per cent Lowest rental yields: Sydney and Melbourne houses with gross rental yield of 2.7 per…
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Real Estate News
REA and Launch Housing partner to help women in need
REA and Launch Housing formed a partnership three years ago to help women and children in need to secure accommodation. Together they have raised a total of $600,000 in cash and helped more than 1,367 women and children to sleep more comfortably. The partnership was born out of a company vision at REA to empower people to make property stress…
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