Search Results for: Ray White
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INDUSTRY NEWS
The growing hotspot for prestige homes
The number of prestige homes sold in Brisbane has more than tripled since 2019, with 38 homes sold in 2021 for between $5 million and $20 million.
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Thought Leaders Podcast
End of year wrap: Mark McLeod on 2021, the trends set to stay, and his top tips for mastering real estate
Anyway you look at it, 2021 has been an incredible year to be part of the real estate industry. House prices rose right across the country, the auction market took on a life of its own, and the rental vacancy rate hit an all-time low.
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INDUSTRY NEWS
Nerida Conisbee’s top seven predictions for 2022
Since the start of the pandemic, Australian house prices have skyrocketed, rising by almost 24 per cent and remaining at record highs. Until now, prices have continued to rise. According to Ray White Chief Economist, Nerida Conisbee, growth over the past three months has been higher than the previous three. But while on most metrics, there is little evidence of…
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Elite Agent
6 metre wide Darling Point home sells for $15.5M in just nine days
Sydney’s skinniest harbourfront home, previously owned by the late Lady Susan Renouf, has sold for $15.5 million, snapped up by a Melbourne couple before its February 12 auction date. At just six metres wide, the Darling Point residence was only listed for sale on December 3, according to realestate.com.au. CoreLogic records show the last time the property sold, in June…
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Real Estate News
Records smashed as almost 5000 properties go under the hammer
Another auction record has been smashed with almost 5000 properties taken to auction in a week where volumes far exceeded all previous highs across almost every capital.
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INDUSTRY NEWS
Will house prices double by 2032?
It’s often claimed that house prices double every 10 years, which is a good thing for investors, but would pose a significant challenge when it comes to housing affordability over the next decade – particularly given how much prices have risen since the start of the pandemic. But is it true? According to Ray White Group Chief Economist Nerida Conisbee‘s…
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INDUSTRY NEWS
More than meets the eye: Transform XII finalists revealed
The finalists in Elite Agent’s Transform XII have been announced, with the Top 12 covering the gamut of sales and property management and boutique agencies as well as large networks. Similarly, the Top 12 are made up of business owners and team members, as well as having varying degrees of industry experience. The finalists, in no particular order are: Mel…
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Real Estate News
Clearance rate slips below 70 per cent as volume continues to surge
Auction volumes couldn’t quite equal the record highs of last week, but still this week proved the second busiest auction week ever, with 4136 properties going under the hammer across the major capitals.
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Real Estate News
Brisbane’s Matt Lancashire named Queensland’s highest selling agent
A combination of property and real estate IQ, effective processes, and a solid focus on vendors is the secret to success for Matt Lancashire, who has topped a list of Queensland’s top selling real estate agents for 2021. The Ray White New Farm principal placed ahead of McGrath Paddington’s Alex Jordan, the Gold Coast’s Michael Kollosche, the Managing Director of Kollosche,…
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INDUSTRY NEWS
How property settlement period blowouts are impacting agency cash flow
If you’re an agent, you’ll know that the current tight market conditions have meant that settlement periods are expected to blow out, with some even extending far into next year.
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INDUSTRY NEWS
Australia’s cheapest street to buy a home is in Western Australia
A tiny town in outback Western Australia with less than 500 people is also home to Australia’s cheapest street in which to buy property. Main Rd in Mullewa has a median house price of just $28,500, according to Ray White Chief Economist Nerida Conisbee. Mullewa, which is 99km east of Geraldton and 450km north of Perth, is known for its…
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Insights
Selling off market: new research shows whether it’s worth it
Vendors who choose to roll the dice with their properties by selling off-market are losing out, according to new data. A new report from PropTrack comparing sale prices for houses sold off-market with those listed on realestate.com.au, found on average they sell for 2.6 per cent less. Paul Ryan, PropTrack Economist and report author said consumers chose to sell properties…
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Real Estate News
Why you need a whole lot more in the bank to buy a luxury property in Australia
Forget the million dollar price tag for a prestige property, $4 million is the new $1 million, according to Ray White’s Nerida Conisbee. In a recent look into the luxury property market, Ms Conisbee noted the sector was among the beneficiaries of the pandemic. And, like other areas, it was being driven by low interest rates, high savings, more time…
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Real Estate News
The busiest auction week on record
This week proved the busiest auction week on record with 4261 properties going under the hammer across the combined capitals.
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INDUSTRY NEWS
How to market shipping container home expected to sell for $1 million-plus
The secret to Chris Ransley listing and selling a tiny Stradbroke Island home constructed from a shipping container is connections. Situated atop Point Lookout on a 350sq m block, 123 Tramican St is expected to sell for more than $1 million, despite the fact it has just one bedroom, a bathroom and a combined kitchen and living area. Ray White…
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Real Estate Agent Events
Homely and Ray White celebrate Australia’s leading ladies of real estate
Homely is proud to announce its sponsorship of the ‘Leading Ladies of Real Estate' event in Queensland, hosted by Ray White.
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Real Estate News
Mark McLeod named Ray White Group’s new Chief Strategy Officer
Ray White’s long-time Chief Executive of Growth, Mark McLeod has been named the Group’s new Chief Strategy Officer for Real Estate.
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Real Estate News
Fifth busiest auction week on record
The combined capital cities have enjoyed their busiest auction week since late March and the fifth busiest since CoreLogic records commenced in 2008, with 3725 properties going under the hammer.
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Real Estate News
Online auctions here to stay, as volumes surge this weekend
Australian capital cities are set to have their busiest auction week since late March, and their fourth busiest week since CoreLogic records commenced in 2008. This week 3810 homes are expected to go under the hammer – double the volumes recorded this time last year. Continuing the upward trend seen since early October, Sydney is set to host 1439 auctions…
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Real Estate News
Auction volumes up 79.4 per cent since early October
High auction volumes continued this week, rising 8.2 per cent on the week prior to see 3562 properties go under the hammer. CoreLogic tips this weekly increase in volumes is likely to continue now lockdown restrictions have eased in Sydney, Melbourne and Canberra, with auction volumes increasing by 79.4 per cent since the first week of October. “With each week…
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FEATURE INTERVIEWS
Creating great cultures: Part 2
In this second article in a two-part series, Kylie Dulhunty asks industry leaders Tim Carson and Andrea Lever what attributes make a great leader, how they inspire their team and what they do when things get tough.
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INDUSTRY NEWS
Are we in a housing bubble? Nerida Conisbee offers her thoughts
Ray White Chief Economist Nerida Conisbee offers her perspective on whether or not the current high prices represent a housing bubble
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Real Estate News
Clearance rates begin to fall as auction volumes remain high
Auction volumes remain high with 3276 homes taken to auction across the combined capitals this week, resulting in a preliminary clearance rate of 76.1 per cent. CoreLogic has reported that continued high volume has led to a steady decline in the clearance rate over recent weeks, with the success rate trending lower since its peak of 83.2 per cent on…
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INDUSTRY NEWS
New REINSW president Peter Matthews takes the reins
Peter Matthews, Founder & CEO of Realtair, today begins a two-year tenure as President of the Real Estate Institute of NSW (REINSW). Mr Matthews takes the reins from Leanne Pilkington, CEO and co-owner of the Laing+Simmons network, who remains on the REINSW Board.
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Real Estate News
Clearance rate slips below 80 per cent as auction volumes surge
This week again proved busy for auctions, with CoreLogic tracking 3524 auctions across the major capitals.
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CONTRIBUTORS
Mark McLeod: Six essential beliefs for good leadership
Ray White Chief Executive of Growth, Mark McLeod outlines the six beliefs that make for great leadership
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Elite Agent
Second busiest auction week of the year as 3033 properties go under the hammer
This week proved the second busiest auction week of the year, with CoreLogic reporting a preliminary clearance rate of 81 per cent after 3033 properties went to auction across the combined capitals.
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Elite Agent
Chris Haskins: The passion and precision required for property management
Ray White Geelong property management department manager, Chris Haskins reflects on changes she'd like to see in the industry and the colourful characters she's met along the way.
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FRANCHISE NEWS
Tight market conditions cause settlement dates to blow out
New data from Ray White indicates that the era of short settlements might be coming to an end.
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Real Estate News
Auction volumes rising as clearance rate tops 80 per cent
Auction volumes are continuing to increase, with CoreLogic reporting a preliminary clearance rate of 81.8 per cent after 2920 properties were taken to auction across the combined capitals.
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INDUSTRY NEWS
Over 80 per cent of auctions successful in all capitals
Every capital has reported a preliminary clearance rate of above 80 per cent this week as auction volumes rise across the country.
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Real Estate News
Busiest auction week since mid-July as Melbourne records its second highest clearance rate this year
CoreLogic has reported this was the busiest auction week since mid-July, with the preliminary clearance rate also on the rise and Melbourne returning its second highest initial success rate of the year.
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FRANCHISE NEWS
Belle Property welcomes three new offices in Townsville and Sandringham
Belle Property has announced three new offices are set to open in Queensland and Victoria.
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INDUSTRY NEWS
Highest auction clearance rate since March
A sharp drop in the number of withdrawn auctions in Melbourne and Canberra has resulted in the highest auction clearance rate since March this year.
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