Search Results for: Corelogic
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OPINION
Would a shorter auction campaigns get more attention?
Drifting in a sea of listings, it’s harder for agents holding onto the four-week campaign life-raft to be rescued come auction day. CoreLogic data from the four weeks to 28 October showed the volume of listings in Sydney (30,397 listings) was 18.6 per cent higher than the same period in 2017. In Melbourne (36,526) the figure was 19.5 per cent higher.…
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INDUSTRY NEWS
November 2018: Interest rates on hold, Industry reaction
Yesterday (6 November 2018) the RBA Board decided to leave the cash rate unchanged at 1.50 per cent for its 24th consecutive meeting. “Conditions in the Sydney and Melbourne housing markets have continued to ease and nationwide measures of rent inflation remain low,” says RBA Governor Dr Philip Lowe. “Growth in credit extended to owner-occupiers has eased but remains robust, while…
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FRANCHISE NEWS
Burleigh-Miami leaders take on LJ Hooker’s newest addition
Former Realty Blue agency specialists Danny O’Donnell and Adam Van Leeuwen have today been announced as the joint partners leading newly launched LJ Hooker Burleigh Beach. Combined, the duo sold more than $60 million worth of property in the last year, positioning Mr O’Donnell and Mr Van Leeuwen as Burleigh Heads’ and Miami’s top agents, respectively. Fronting the Gold Coast…
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FRANCHISE NEWS
McGrath announces opening of new office in Nambucca Heads
McGrath Estate Agents today announced the opening of a new office in Nambucca Heads as it strengthens its presence on the Mid North Coast of New South Wales. McGrath Nambucca Heads will be led by Principal Martin Wells, this expansion will be the third office in the region and this will complement the Coffs Harbour and Sawtell offices Mr Wells…
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Sponsored Content
How to build customer loyalty with diversification
Diversification isn’t a new concept; almost every agency offers both a sales and property management service, after all. But tech tools can take this much further. You don’t have to use one to use another, but together these tools help you provide a great customer experience: from the first touchpoint, through to moving day and beyond. Meet sellers on social media…
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INDUSTRY NEWS
CoreLogic appoints new Head of Real Estate
Fifth-generation real estate veteran Geoff White has taken over the reins as the CoreLogic National Head of Real Estate. A prominent member of the Victoria real estate industry with extensive expertise, Geoff has been CoreLogic’s Group Sales Director since 2017, and previously headed up the Real Estate Institute of Victoria (REIV). Mr White says that his time with CoreLogic Victoria…
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FRANCHISE NEWS
McGrath expands Central Coast presence with a new office in Avoca Beach
McGrath Estate Agents have announced the opening of a new office in Avoca Beach on the booming Central Coast region of NSW. McGrath Founder and Executive Director John McGrath said, “The Central Coast continues to be an important real estate market and offers a diverse range of properties in all price brackets, and increasingly popular among Sydneysiders who are attracted by…
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Thought Leaders Podcast
Episode 66: Investors and short term letting – one size does not fit all
In this week's edition of the Elevate podcast, Samantha McLean talks to Mike Johnson of MadeComfy, a short-term letting platform. Many of your investor clients out there have probably heard stories from colleagues and friends about how much money can be made on places like Airbnb and Booking.com, but not every property and every situation will bring high returns --…
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INDUSTRY NEWS
October 2018: Interest rates on hold – industry reaction
Yesterday (2 October 2018) the RBA Board decided to leave the cash rate unchanged at 1.50 per cent for its 24th consecutive meeting. “Conditions in the Sydney and Melbourne housing markets have continued to ease and nationwide measures of rent inflation remain low,” says RBA Governor Dr Philip Lowe. “Growth in credit extended to owner-occupiers remains robust, but demand by investors…
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INDUSTRY NEWS
New Zealand real estate agents rate highly with sellers: CoreLogic
CoreLogic has released the 2018 Perceptions of Real Estate Agents Report, from a nationwide survey of homeowners, with all regions represented. The findings show that agents are rated as excellent practitioners of their craft in New Zealand, with high scores in presentation of properties, marketing materials and sales patter, and the majority (64 per cent) of vendors reporting as receiving…
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FRANCHISE NEWS
Harcourts International names new Board Members
Harcourts International has welcomed Susan Rix AM, Tim Keenan and Graham Mirabito to its board of directors, joining current board members Gilbert Enoka, Mike and Irene Green and Paul Wright. “We are very pleased to have Susan, Tim and Graham join our board and look forward to their contributions,” said Mike Green, Managing Director, Harcourts International. “Each is a leader in…
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FRANCHISE NEWS
Elders launch largest ever marketing campaign to celebrate spring selling season
Elders Real Estate have launched their largest ever marketing campaign this week to kick off the 2018 spring selling season. The campaign, ‘Spin to Win’, is set to drive more leads to Elders’ agents and offices which are spread across over 300 locations nationally. With a highly targeted digital strategy, Elders is expecting to increase the number of appraisals in…
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INDUSTRY NEWS
ANZ and CBA follow Westpac in home loan rate hike
Following last week’s announcement from Westpac that they would be raising their variable home loan rates by 14 basis points, ANZ and the Commonwealth Bank have announced they will raise rates by 16 and 15 basis points respectively. “The latest interest rate hike from ANZ and the Commonwealth Bank comes as no surprise after Westpac opened the floodgates earlier. The big…
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FRANCHISE NEWS
Di Jones conference designed to inspire team
The team at Di Jones gathered together to expand their skill set and grow personally as part of its 2018 Annual Conference in Sydney. Di Jones CEO Rob Ward said the staff from across the agency’s network of offices in Sydney and the Southern Highlands participated in the event. “The theme of the conference was ‘Make every day count’,” Mr Ward…
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INDUSTRY NEWS
September 2018: Interest rates on hold, Industry reaction
Yesterday (4 September 2018) the RBA Board decided to leave the cash rate unchanged at 1.50 per cent for its 23rd consecutive meeting. “Conditions in the Sydney and Melbourne housing markets have continued to ease and nationwide measures of rent inflation remain low,” says RBA Governor Dr Philip Lowe. “Housing credit growth has declined to an annual rate of 5½ per cent. This…
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INDUSTRY NEWS
Experts say Spring will predict how the Australian property will act over the next 12 months
The first weekend in September traditionally sees a boost in listings across the country, as the warmer weather hits and sellers begin to emerge. With the current listing numbers down significantly on the same time last year, the boom has well and truly worn off, and experts are predicting we’ll be able to see how the market will act over…
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FRANCHISE NEWS
LJ Hooker Palm Beach expands with new sales team
A top-performing sales team has joined LJ Hooker Palm Beach as the agency scales up to accommodate the southern Gold Coast’s rising profile. The Mark Jensen team is the latest addition to LJ Hooker Palm Beach, which has grown to become the local area’s leading agency in less than three years. Led by Mr Jensen, with support from wife Robyne…
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FRANCHISE NEWS
ACTON Real Estate recognises highest achievers for 2017-2018
WA real estate group ACTON has acknowledged the achievements of its brightest stars at the 49th ACTON Awards Night at Crown Perth. For the sixth time, ACTON Cottesloe and Dalkeith Director Bev Heymans was crowned Overall ACTON Sales Champion. Ms Heymans capped off another stellar year, increasing her dominance in her core areas of Perth’s prestigious Western Suburbs, to earn…
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FRANCHISE NEWS
LJ Hooker Pacific Pines expands, cementing the network’s presence on the Gold Coast
A group of LJ Hooker franchisees has strengthened their northern Gold Coast presence, bringing the network’s Helensvale business into their real estate stable. Established LJ Hooker principals Shane Colquhoun and Pascal Pierre have acquired the network’s Helensvale franchise, taking over as directors from long-term business owners and husband and wife team, John Groth and Carol Baumber. Mr Pierre has added…
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SUPPLIER NEWS
Industry Supplier Update: Agentbox at AREC 2018
TRANSCRIPT Agentbox is Australia’s leading CRM. We actually work with more of the top agents in Australia than anyone else, which is actually over 30 per cent, and 20 per cent of the top offices. We’ve been able to build an end-to-end solution for sales and leasing. We’ve also been very excited to announce that we’re the first platform that’s…
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INDUSTRY NEWS
August 2018: Interest rates on hold, Industry reaction
Yesterday (7th August 2018) the RBA Board decided to leave the cash rate unchanged at 1.50 per cent for its 22nd consecutive meeting. “Conditions in the Sydney and Melbourne housing markets have continued to ease and nationwide measures of rent inflation remain low,” says RBA Governor Dr Philip Lowe. “Housing credit growth has declined to an annual rate of 5 1/2…
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INDUSTRY NEWS
2018 REINSW Awards for Excellence finalists announced
The Real Estate Institute of New South Wales has announced the finalists for its 21st annual Awards for Excellence. REINSW President Leanne Pilkington said it was exciting to see the breadth of talent showcased as finalists for the 2018 awards. “Our awards continue to go from strength to strength, with the best, bravest and brightest that work across the industry…
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OPINION
Online, connected models of selling show the future for agents: Matthew McGrath
The Australian real estate market is at a major tipping point, and agents need to look beyond their own backyards to online and connected selling models to survive changing market conditions. Leading the charge on these shifting grounds for real estate agents is the decline of housing prices in major capital cities, following years of rapid and often unsustainable levels…
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SUPPLIER NEWS
Aussie startup HomePrezzo set to launch in US
A startup that allows realtors to create animated videos to show how their local property market is performing is set to expand to the US. Australian start-up, HomePrezzo, helps realtors create eye catching local area videos in under two minutes. The platform also offers social media infographic templates, rental templates and property listings. “Research from MIT shows that the human…
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INDUSTRY NEWS
Hobart surges as Sydney suffers in new property outlook report
The growing divide between Australia’s property markets has been highlighted again in a new report from realestate.com.au. The latest Property Outlook Report shows that while prices across Australia have risen 0.9 per cent on average, that figure does little to highlight the growing differences between the major capital cities. Data from realestate.com.au and CoreLogic shows that while the Sydney and…
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INDUSTRY NEWS
Rents still on the rise, but the pace has slowed
According to the latest Quarterly Rental Review from CoreLogic, rents are still on the rise, but at a slower pace than they were 12 months ago. The June 2018 report tracks median rents across the capital cities and region for the second quarter of the year and shows a general slowdown in the rate of rental growth. Historically the second…
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Real Estate News
July 2018: Interest rates on hold, Industry reaction
At its meeting yesterday (3rd July 2018), the RBA Board decided to leave the cash rate unchanged at 1.50 per cent for its 21st consecutive meeting. “Nationwide measures of housing prices are little changed over the past six months,” says RBA Governor Dr Philip Lowe. “Conditions in the Sydney and Melbourne housing markets have eased, with prices declining in both markets.…
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INDUSTRY NEWS
Values continues to trend lower in June as investor activity continues to fall
CoreLogic has released its June home value index results which show, at a national level, values fell for the ninth consecutive month in June, taking national dwelling values 1.3 per cent below their September 2017 peak. The results revealed that Australian dwelling values tracked lower in June, down 0.2 per cent over the month to be 0.8 per cent lower…
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FEATURE INTERVIEWS
Oliver Koltovski: Life of a Salesman
Tell us a bit about yourself and your role at First National Dapto. I’ve been in sales since I was 16, when I started in retail and telecommunications. I gained a lot of experience providing a high level of customer service; it was a great foundation. I then went on to a management role for a national pool and spa…
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INDUSTRY NEWS
June 2018: Interest rates on hold, Industry reaction
At its meeting yesterday (5th June 2018), the RBA Board decided to leave the cash rate unchanged at 1.50 per cent for its 20th consecutive meeting. REA GROUP “The economy still isn’t growing fast enough to warrant an increase,” says REA Group Chief Economist Nerida Conisbee. “The issue is consumer confidence. While businesses are feeling far more confident, this is…
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TECH + SOCIAL
Style and Substance: CoreLogic revamps Signature Reports
Following the release of CoreLogic’s improved Signature Reports, the country’s largest property analytics and data provider now gives agents the power to add custom content to their Signature Comparable Market Analysis Report within their RP Data Professional account. CoreLogic product manager Mike Salway said that Signature Reports now give agents the opportunity to upload custom PDF files to their Signature…
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TECH + SOCIAL
Kylie Davis: What makes big data so big?
Every real estate agent has a database – even if it’s just the names of people you’ve formerly done business with sitting in your mobile phone. From old-school Rolodexes to high-end computer programs that automatically send emails and respond to queries, a database is an essential tool in every agent’s kit. So when the conversation turns to the concept of…
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INDUSTRY NEWS
Is a crunch in investor mortgage demand now starting to bite?
Dwelling values, particularly those in Sydney and Melbourne, have been falling now for a number of months. The latest ABS housing finance data indicates that the impact of these falls is now seemingly being felt in demand for new mortgages. While the value of lending fell over the month for owner occupiers and investors, the slowdown was much more substantial…
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INDUSTRY NEWS
CoreLogic Quarterly Economic Report Update – April 2018
Value of Residential Property: $7.5 trillion Value of Australian Superannuation: $2.5 trillion Value of Listed Equities: $1.9 trillion Value of Commercial Real Estate: $0.972 trillion Nationally, dwelling value growth has stopped in its tracks, in fact, over the first quarter of this year, national dwelling values have fallen by -0.5%. Although the quarterly rate of decline has slowed compared to…
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INDUSTRY NEWS
CoreLogic launches video for agents
Real estate agents can now quickly and easily create compelling video and social posts to share with customers with the launch of HomePrezzo through CoreLogic. HomePrezzo is a digital real estate marketing platform that promises to revolutionise the way agents engage with vendors and buyers. It delivers engaging templates that draw upon CoreLogic data so agents can easily create their…
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