Search Results for: flood
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INDUSTRY NEWS
Queensland introduces Property Law Bill to parliament
The Real Estate Institute of Queensland (REIQ) has slammed the Queensland government's decision to introduce a bill implementing a formal seller disclosure regime before resolving what it claims are outstanding questions.
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Celebrity Homes
Ben Affleck and JLo buy their dream home
Ben Affleck and Jennifer Lopez have finally found their dream home in the posh Pacific Palisades neighbourhood of Los Angeles.
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INDUSTRY NEWS
Brisbane tenant suing former landlord for $1.2 million
A Brisbane man who claims he sustained serious life-changing injuries when he slipped on a flooded floor is suing his former landlord seeking $1.2 million in what's set to be a test of the landlord-tenant duty of care relationship.
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INDUSTRY NEWS
RBA lifts cash rate to 3.35pc at February board meeting
The Reserve Bank of Australia has lifted the official cash rate by 25 basis points following its first meeting of 2023, taking rates to their highest level since 2012 and flagging that further rises are likely in the months ahead.
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INDUSTRY NEWS
New Zealand unlikely to ease borrowing restrictions in 2023
The Reserve Bank of New Zealand is unlikely to ease current loan-to-value ratio restrictions that require investors to cough up a minimum deposit of 40 per cent, CoreLogic New Zealand's Chief Property Economist Kelvin Davidson says.
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EPM: Best Practice & Legislation
Sharon Fox-Slater: insurance insights for 2023
It’s fair to say the real estate and insurance industries have faced some turbulent times in recent years.
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INDUSTRY NEWS
Nerida Conisbee: Australian economy slows but interest rates will keep rising for now
The latest inflation figures showed that it increased at a faster rate in November than it did in October, dashing hopes of a stop to interest rates rises at the start of this year.
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Inflation figures bounce back in November
New inflation data from the Australian Bureau of Statistics shows the consumer price index rose 7.3 per cent in the twelve months to November, up from October's 6.9 per cent.
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NEWS
The top 50 residential real estate influencers and innovators for 2022
There is rarely a dull day in real estate. From mergers and acquisitions, pivoting in a changing market and continued acceleration of PropTech, 2022 has been a year for the record books.
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INDUSTRY NEWS
Expensive property markets leading the downturn but end could be in sight
The country’s most expensive property markets have been bearing the brunt of higher interest rates, however, 2023 could mark a slowing in the rate of declines according to a new report. CoreLogic’s annual Best of the Best Report for 2022, found that Sydney has been hit hardest by rising borrowing costs along with other higher-priced housing markets. CoreLogic Head of…
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National
Nerida Conisbee: Where you should have bought a decade ago
Over the past decade, the median in Sydney has increased the most. There are a lot of factors that have driven this.
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EPM: Best Practice & Legislation
Insurance isn’t immune to rising costs
Insurance is great protection for all sorts of life’s curve balls, but one thing it can’t protect us – or the industry itself from – is rising costs.
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NEWS
Real estate agents turn ethics index on its head
The 2022 Governance Institute of Australia Ethics Index has been released and, once again, real estate has ranked pretty low on the list of ethical occupations.
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Ease the peak season load with virtual assistants
Property managers already hit by staff shortages need to prepare early for peak rental season or risk driving more valuable staff out of the industry, outsourcing expert Tiffany Bowtell said.
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Covid regional hotspots lead price declines
The Covid boom that saw tens of thousands of people moving to regional Australia has officially come to end, with many regional hotspots now leading the downturn.
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Weather woes – how environmental issues impact insurance
Floods, storms, bushfires, cyclones – there’s no doubt that Australians and their properties can bear the brunt of Mother Nature. And whether your landlord clients are caught up in a disaster or not, environmental issues can impact their insurance.
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Rain and trains hampering office occupancy recovery
Continued heavy rain across the East Coast as well as public transport disruptions have slowed the return to the office for many CBD workers.
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NEWS
Everything in the Federal Budget for real estate
Treasurer Jim Chalmers has delivered Labor’s first Budget in almost a decade, labelling it “a responsible budget that is right for the times and readies us for the future”.
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NEWS
New program to unblock local housing backlog
The NSW Government has announced an $11.5 million Unblocking Homes Program that will help fast-track the delivery of tens of thousands of homes tied up in local council red tape.
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BEST PRACTICE
Is landlord insurance worth it?
Inflation. Rising interest rates. Utility prices. Groceries. Petrol… The list of price rises for essentials seems endless. And yes, the cost of insurance is also higher.
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SUPPLIER NEWS
EBM RentCover leading the way in landlord claims handling
It can be argued that the true test of an insurance policy comes when a claim is made. This is something EBM RentCover has always known and the specialist landlord insurance provider’s commitment to claims handling excellence has been recognised with a prestigious Mansfield Award.
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THE ELEVATE PODCAST
When life happens: Sharon Fox-Slater on why landlord insurance is a must, the strangest claims made, and what to tell a client who says they don’t need insurance
As the head of EBM RentCover, Sharon Fox-Slater has seen it all when it comes to weird, wonderful and common landlord insurance claims.
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INDUSTRY NEWS
Nerida Conisbee: it looks like we are in for a busy spring
A slowing housing market can create quite different environments when it comes to the number of properties for sale.
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INDUSTRY NEWS
Why Brett Andreassen makes time for work and play
Setting clear boundaries between work and family time is crucial for high-achieving real estate agent Brett Andreassen.
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EPM: Best Practice & Legislation
Sharon Fox-Slater: beware the underinsurance trap
Under-insurance is rife across Australia but it’s often not until a natural disaster strikes that many landlords find out the hard way that their investment properties aren’t fully covered.
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NEWS
Another rate hike to curb the highest inflation in three decades
The official cash rate is now 1.85 per cent after the Reserve Bank of Australia opted to raise interest rates a further 50 basis points at its monthly meeting today. The increase marks the fourth consecutive month of interest rate hikes as the RBA seeks to moderate inflation that is now the highest it has been since the early 1990s.…
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NEWS
Real estate industry celebrates National Property Managers Day
Often the unsung heroes of a real estate agency, property management can a tough gig that requires a specialised skillset and dedication.
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INDUSTRY NEWS
Office occupancy levels hold steady in June
Workers returning to CBD offices has slowed down last month, as the impacts of floods, the flu season and interruptions to rail networks forced people to stay home.
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NEWS
Clearance rate inches higher despite subdued auction market
Auction markets remained subdued this week with just 1610 properties going under the hammer across the combined capitals, resulting in a preliminary clearance rate of 58.6 per cent.
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CONTRIBUTORS
Insurance claims: What’s the hold up?
When things go pear-shaped at a rental, you want to get it sorted quickly. But while there are steps you can take to make the claims process easier, there are factors at play beyond the control of you or the landlord’s insurer that could see those claims held up.
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NEWS
Another cash rate hike with more to come
The Reserve Bank of Australia has warned homeowners more interest rate rises will follow as they raised the official cash rate 50 basis points, to 1.35 per cent, at its monthly meeting today.
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Celebrity Homes
Alyson Hannigan lists contemporary masterpiece that featured in ‘This Is Us’
How I Met Your Mother star Alyson Hannigan stands to make a whopping US$10 million profit for her modern San Fernando Valley estate after listing the five-bedroom, eight-bathroom mansion just six years after buying it.
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NEWS
REIQ: State Budget misses the mark
The Real Estate Institute of Queensland has hit out at the State Government’s 2022-23 Budget, saying it is disappointed at the lack of action on housing affordability and accessibility.
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Celebrity Homes
Lily Collins buys Kristen Wiig’s Pasadena house
Actress Lily Collins, best known for the film Emily in Paris has quietly acquired the former home of actress and comedian Kristen Wiig in an off-market deal.
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TECH + SOCIAL
Mass personalisation: How to know what your market wants and deliver
Most agents know it can be a fine line between using technology to reach more clients and aid productivity and that which stifles personalisation and nullifies the human touch. In Transform XII, we explored the possibility of using technology to personalise communication, build strong relationships and keep it low cost. Here are some of the takeaways.
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