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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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Real Estate News
Bundaberg real estate principal leads delegation to China
Bundaberg property has been put firmly on the map in Chinese investor conversations with RE/MAX Precision’s principal Scott Mackay visiting the city of Nanning in Guangxi, China earlier this month. Mr Mackey dined with the city’s Deputy Mayor Liu Weimin and other significant Nanning entrepreneurs and strengthened good relations with clients who have already invested in Bundaberg’s agriculture and property development…
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Elite Agent
When is the best time to send an email to your database?
Clients are more likely to buy from you when they’re commuting, according to a new book, TAP: Unlocking the Mobile Economy. A new book, TAP: Unlocking the Mobile Economy by Anindya Ghose, suggests that people are more likely to respond positively to advertising and/or other communication while they are commuting. According to research published in the book, the reason for…
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Real Estate News
Peter Kakos to lead The Agency’s move into Victoria
Former Marshall White director and McGrath sales director, Peter Kakos will join The Agency as General Manager Victoria to champion the company’s growth into Victoria. He joins the company with high recommendations in the industry, having made a significant impact as a coach, mentor and business development over the course of his career. Matt Lahood, CEO, The Agency said of…
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INDUSTRY NEWS
Rate City announces industry home-loan ‘sale’
Financial comparison site RateCity.com.au announced today it will be hosting Australia’s first industry home loan sale, offering refinancers exclusive deals and potential savings of up to $39,000 for customers of the big banks. The sale will include the lowest ongoing variable rate, exclusively at RateCity.com.au/sale. Starting Monday 8 May at 6am (AEST) and lasting for only 40 hours, the Switch…
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Real Estate News
Australia’s fastest selling suburbs: CoreLogic
Low interest rates coupled with higher levels of demand for housing has seen property sales in some areas take off faster than in others. Today in the CoreLogic Property Pulse, we take a look at the 10 suburbs in each state with the shortest median selling time for houses and units over the 12 months to January 2017. CoreLogic research…
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Transform
Transform 2017 Week 8 Tom Panos: How to Get the Appraisal and Win the Listing
Here are the highlights from our Super Six session with Tom Panos Coach: Tom Panos Key Points You don’t prospect to get a listing, you prospect to get contacts Frequency builds trust The listing is usually won before the listing presentation. Quote “Mr and Mrs Vendor, there’s only two reasons your property hasn’t sold: it’s either the price is too high…
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Real Estate News
First major Airlie Beach development post Debbie kicks off
Airlie Beach is reviving itself as the gateway to the world-renowned Whitsundays and Great Barrier Reef post Cyclone Debbie, with the town once again buzzing and new developments, including One Airlie back on track with construction. With the spotlight firmly on the iconic region and major tourism infrastructure investment now fast-tracked, Airlie Beach is set to boom as Australia’s next…
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Real Estate News
Highland Property Agents gives back to the community
Highland Property Agents is celebrating their tenth birthday this year and attribute their success to their community spirit and innovative approach to the industry. Speaking exclusively to Elite Agent, CEO David Highland said, “we have outworked our competition and new ways to be innovative”. Focused on creating a positive atmosphere for staff and promoting an environment everyone can perform to…
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Real Estate News
Property Council releases it’s 10 point plan to fix affordability
A proven scheme to help first home buyers bridge the deposit gap and a suite of measures to address using supply are at the centre of the Property Council’s plan “Fixing Housing Affordability”. Broadly, the plan identifies 10 areas to tackling rising house prices: Crank up housing supply, diversity, and choice Make housing cheaper to produce Incentives to spur reform…
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Elite Agent
LinkedIn changes Terms of Service, what does it mean for you?
LinkedIn, the tech giant used by 467 million people worldwide has announced that they have changed their terms of service, with both the User Agreement and the Privacy Policy due to be updated on the 7th June. What does this mean for you? The company says they were driven by a ‘members first’ philosophy and wanted to improve the experience…
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FRANCHISE NEWS
Ray White principal celebrates record first month
Ray White Frankston has achieved a record month in March, with 37 sales from 37 listings following the appointment of Ash Weston as Principal and Director of Sales. Ash comes to the position with three years of experience running the sales side of the business. Since his appointment as principal, the business has experienced record growth. “In the last two years,…
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INDUSTRY NEWS
Superannuation won’t help first time buyers get into the Sydney & Melbourne: CoreLogic
First-time home buyers expecting to use superannuation savings as a deposit for a property in either Sydney or Melbourne may find both cities way too pricey and would be still locked out from the housing market, CoreLogic research analyst Cameron Kusher has said. Broadcaster ABC recently crunched the numbers and showed that based on the average earnings for a 25…
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Elite Agent
When an employee leaves
Regardless of the reason someone leaves your business, how you communicate the situation with your clients and the remaining team can have a huge impact. The procedure around a departing team member can essentially be broken down into three main processes – how you communicate the news to staff, how you communicate the news to clients and the recruitment process.…
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