Search Results for: Ray White
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Real Estate News
Open homes and auctions halted
Real estate auctions and open homes are the latest casualties of the COVID-19 pandemic, with Prime Minister Scott Morrison tonight announcing these were among the events that “cannot continue” in a bid to combat Coronavirus. In an address to the nation, the PM labelled 2020 the toughest year for Australians “Our goal is to combat this together by following common-sense…
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Real Estate News
Ray White lobbies for ‘essential’ real estate services
The Ray White Group, along with all major real estate brands, is set to lobby the Federal Government in order for its national members to be deemed an “essential service”, the same as the financial services industry, in a bid to prevent a catastrophic fallout in the property sector. Ray White Group Managing Director Dan…
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Elite Agent
Auctions busy, but clearance rate slows
This week proved the second busiest for auction activity in 2020, however the preliminary clearance rate took a hit as a result of continued uncertainty around COVID-19. According to the latest figures from CoreLogic, this weekend saw 2,539 homes taken to auction across the combined capital cities, returning a preliminary auction clearance rate of 61.3…
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Real Estate News
‘New normal’ continues to create competition at auction
The agility of Ray White members to adapt to the new rules surrounding large gatherings passed its first hurdle this week with many successful auction events safely held across the country. Ray White‘s members had 101 auctions scheduled on Wednesday night and the early indications are that 69 per cent have sold, with more 3.8 registered bidders per property and…
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Real Estate News
How real estate agents can market property in the age of COVID-19
With an estimated 115,000 listings on the market (according to CoreLogic), agencies are looking for solutions that allow them to continue to transact property – particularly if consumers are subject to further isolation and quarantine measures which can make the familiar arrangements a challenge. Strategies to contain the spread of the virus, such as enforced isolation and public gathering restrictions,…
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Real Estate News
Coronavirus fallout prompts RBA to slash rates
The RBA has officially cut interest rates to their lowest level on record in the fight against the economic fallout from the coronavirus. In an emergency meeting yesterday, the RBA reduced the official cash rate to 0.25 per cent down from 0.5 per cent. The RBA has only recently cut the cash rate from 0.75 per cent at its monthly…
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Real Estate News
Perth CBD leads the way as office market gains momentum
The Perth office markets are gaining momentum despite little improvement in Western Australia’s employment and population situation, according to Ray White’s latest Between the Lines commercial research. The report notes that, after several years of reduced sentiment and pressure on the office markets, Perth has started its recovery mode.“During the latter part of 2019, we’ve seen momentum build, resulting in real…
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Real Estate News
Auctions continue to defy doom and gloom
Auction markets remain strong despite coronavirus concerns, with 2220 properties taken to auction across the capitals this week, returning a preliminary clearance rate of 70.6 per cent. CoreLogic notes this figure is well above last week’s national volume when 1,494 auctions returned a final clearance rate of 68.6 per cent. “After the remaining results are collected it is likely that…
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Elite Agent
Ray White plans pawsome day to connect with community
Property group Ray White is planning a national Backyard Pooch Party event with offices across the country joining in to raise funds for various animal focused charities such as RSPCA and the World Wildlife Fund. Held at local parks and open to anyone to join on March 29 across Australia, will consist of a picnic…
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Real Estate News
Long weekend sees lower auction volumes yet solid clearance
With a number of states and territories enjoying a long weekend, auction volumes were significantly lower than last week, but the preliminary clearance rate remained a healthy 74.8 per cent. That’s largely attributed to lowered interest rates yet flies in the face of bleak headlines about coronavirus and the global economy. About the grounds, a total of 1,456 auctions were…
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Elite Agent
Agent wipes the floor with $1610 bid for toilet paper
Ray White Pomona Hinterland agent Sam Hargrave purchased a precious roll of toilet paper for $1610 yesterday. But she wasn’t down in the dumps over the expensive purchase – it was part of a competitive charity auction battle at the Howard Smith Wharves, with proceeds going to Beyond the Bricks. As part of Ray White’s national…
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Real Estate News
Rising star appointed to lead Ray White Commercial
Ray White Commercial has appointed Andrew Freeman, who has been with the family group for 18 years, as the new Head of Agency Operations. Mr Freeman has had an illustrious career with the family-owned and led brand, and after sitting down with Ray White Group Managing Director Dan White, was convinced his next step would be into the commercial network.“I’d often…
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Real Estate News
Coronavirus fears force the RBA to cut rates to 0.5%
Fears that the coronavirus will weigh on both the local and global economies has forced the RBA to slash the official cash rate by 25 basis points to 0.5 per cent. The RBA made the decision to cut interest rates to a record low level in what is the fourth cut in 12 months. The unprecedented fallout from the coronavirus…
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Real Estate News
A familiar face opens Ray White Scarborough
The award-winning Ray White Aspley group has widened its presence in southeast Queensland with the opening of Ray White Scarborough. Director Robert Green will lead a team full of local area experts, and along with new stakeholders Stephanie Williams, Angela Duncan, Dwight Colbert and Paul Hodkinson, the team are thrilled to be able to offer their customers more exposure and…
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Real Estate News
Super Saturday lives up to its auction market promise
The busiest auction day of the year lived up to its name, with Super Saturday seeing 2,933 auctions in the capitals, delivering a preliminary clearance rate of 77.1 per cent.
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EPM: Feature Interview
Serendipity and Success
Jamie Billerwell’s philosophy on life is a simple one. The effervescent Code Property Group Business Development Manager believes in serendipity. “I’m a big believer that things happen for a reason and that you are right where you are meant to be at any given point in time,” Jamie muses. That doesn’t mean the 28-year-old Queenslander was expecting to take out…
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Real Estate News
Adelaide Hills community rebuilding after the fire
Ray White Woodside owner Angus Campbell and his community in Adelaide Hills are just beginning the long journey to recovery after the devastating bushfires of recent months. If Mr Campbell’s name sounds familiar it is because he is the man behind the Beyond the Bricks campaign image of a smouldering tree looking out over a fire-ravaged landscape. When Mr Campbell took that…
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Real Estate News
Ray White Young recruits specialist for new rural franchise
Ray White Young Principal David Coombes has recently recruited high-profile, agricultural specialist Rachelle Barnett to spearhead an expansion into rural sales. Previously a residential and commercially focused business, Mr Coombes opened a rural franchise this month, which he said would service the needs of the rural community surrounding Young and neighbouring towns – and he was thrilled to have Ms…
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Real Estate News
Melbourne’s outer fringe offers future growth
Melbourne residents are chasing value a little farther afield, with council areas on the city’s outer fringe enjoying recent growth. Jason Hellyer of Ray White Victoria said there were seven council shires in Melbourne’s outer fringe which grew by 7.1 per cent when compared to the same period in 2018. At the same time the average median property value across…
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Real Estate News
Auctions go from strength to strength
Auctions go from strength to strength The auction market continues to go from strength to strength with 2,446 properties going to auction in the major capitals this week, resulting in a preliminary clearance rate of 77.7 per cent. According to the CoreLogic data, that was a significant increase on this time last year when 2293…
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Real Estate News
Ray White Vic forecasts growth for 2020
Ray White Victoria corporate auctioneer Jeremy Tyrrell is optimistic about 2020 and says he’s expecting positive growth for the property market. After the highs and lows of 2019, Mr Tyrrell – who has 20 years of auctioneering and real estate experience under his belt – says the new year has begun with positive momentum. “With the Australian elections over and…
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Real Estate News
Ray White NSW comes together for Unite 2020
More than 450 Ray White Group members from across New South Wales descended on Sydney’s Ivy Hotel for Unite 2020. Hosted across capital cities by Australasia’s biggest real estate group, the Unite 2020 program provides a new and improved training format for salespeople and property managers. The sessions were designed to help its agents navigate and adapt to current market conditions. Ray White…
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Real Estate News
Listing of the week: Pretty in Pink
The impossibly pastel pink hued Main Beach Bungalow – modelled after the Beverly Hills Hotel – is on the market for the first time since it was redesigned two years ago. The resort style estate, hidden from view behind a pink fence and well established gardens, is located in the heart of the Glitter Strip at 46-48 Peak Ave, Main Beach. The cabana and…
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Real Estate News
Auction clearance rate up on the back of increased volume
The national clearance rate is sitting just below 80 per cent after a weekend which saw Canberra, Sydney, Perth and Melbourne all achieve exceptional results. According to the latest data from CoreLogic auction markets showed a strong result of 78.6 per cent on the back of higher volumes as the number of properties taken to…
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SELLING + MARKETING PROPERTY
Push past the plateau
A logical path often leads to an illogical outcome. What does that mean? Let me explain. Our rich industry data shows a high percentage of agents will plateau in their fourth or fifth year in the industry. This is where the illogical outcomes start. Logically, a business that has been in the market a while should be growing. You would…
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GUEST INTERVIEWS
Putting your best brand forward: Lisa Pennell
With 20 years experience in the real estate industry working with several major brands, Lisa Pennell is currently the head of marketing for the Ray White Group, specialising in brand protection and crisis management. Download the action guide for this episode with more links and resources at https://eliteagentelevate.com “The most interesting thing about the marketing…
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Elite Agent
Auctions kick up a gear
Auction activity almost doubled this week as the capital cities kicked up a gear following the traditional Christmas slowdown. CoreLogic reported 1122 homes went to auction at the weekend, effectively doubling last week’s total of 625. Higher volumes also equated to higher clearance rates with a preliminary national rate just shy of 70 per cent.…
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Real Estate News
Ray White Invests $3m in Aussie proptech start-up, NurtureCloud
Australasia's largest real estate agency, Ray White, has just invested $3m into Sydney-based proptech company NurtureCloud, to both improve its own network's offering as well as being part of exploring international opportunities for the product. The investment in NurtureCloud, founded three years ago by serial internet entrepreneur, Adam Rigby, means that Ray White agents will…
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Real Estate News
Victoria and Tasmania come together for Ray White’s Unite 2020
More than 650 Ray White Group members from across Victoria and Tasmania have descended on the Crown’s Conference and Events Centre for Unite 2020. Hosted across capital cities by Australasia’s biggest real estate group, the Unite 2020 program provided a new and improved training format for salespeople and property managers. The sessions were designed to help agents navigate and adapt to current market…
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Real Estate News
Gavin Rubinstein kicking goals at Ray White TRG
Ray White TRG founder Gavin Rubinstein has become the first agent to reach Chairman’s Elite status in the Ray White Australian residential network this financial year. The accolade is considered the highest level of sales recognition at Ray White based on settled commission and Sydney-based Mr Rubinstein noted it was partly due a positive start to 2020. “Stock is tight,…
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Real Estate News
2020 REIA National Awards for Excellence finalists announced
The finalists for the 15th National Awards for Excellence has been announced by The Real Estate Institute of Australia (REIA). REIA President Adrian Kelly said the national awards recognise the best of the best in Australian real estate. "This year the REIA National Awards for Excellence will be proudly hosted by the Real Estate Institute of…
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Real Estate News
Ray White NZ appoints Gavin Croft as Chief Operating Officer
Ray White New Zealand has appointed experienced award winning auctioneer Gavin Croft as its new Chief Operating Officer to help spearhead the next phase of growth at the leading network. Ray White New Zealand currently has a network of 177 offices across the country with a market turnover of $11.9 billion in sales and 18,000 properties under management. Ray White’s…
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Real Estate News
New Real Estate Portal Zango Launches in Canberra
A new listing portal focused on the Canberra property market is getting set to launch in a bid to change the way locals view real estate. Zango has been developed in collaboration with a group of local real estate agents in Canberra, who were wanting to create a wholly-owned local platform. Zango will focus on…
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Real Estate News
Ray White ‘Event’ auctions a pointer to a buoyant 2020
Ray White Surfers Paradise Group’s (RWSP) annual The Event auctions, held last weekend on the Gold Coast, have pointed to a robust Gold Coast market, according to RWSP CEO Andrew Bell. A total of 31 properties were sold by the end of Saturday’s auctions, close to $20 million, and a large number are still under…
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Real Estate News
Ray White around the grounds auction report
As the market starts to heat up in 2020, Ray White has reported they had 346 auctions scheduled this week, with 131 of those booked in for Saturday. Preliminary data on auctions in Sydney shows the clearance rate was at 85 per cent clearance on Saturday for the Ray White network. Ray White New South Wales chief auctioneer Alex Pattaro…
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