Search Results for: Ray White
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Real Estate News
Clearance rate hits pre-Covid high as volumes continue to lift
The combined capital city clearance rate has rebounded to its highest level since early March, surpassing the 70 per cent mark as volumes also show signs of improving. This week, 613 auctions were scheduled across the capitals, marking an increase on previous weeks and returning a promising clearance rate of 70.9 per cent. CoreLogic notes this was the highest preliminary…
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Real Estate News
Ray White Marsden achieves record growth in pandemic
Ray White Marsden has defied the pitfalls of a pandemic to achieve record growth in the past 30 days. The exciting service-focused south Brisbane office, led by principal Avi Khan, has experienced hypergrowth during COVID-19, securing more than 75 new properties under management within the period of a month. “We pride ourselves on our service and it’s great to see…
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Real Estate News
Clearance rate strengthens on the back of eased restrictions
Relaxed social distancing regulations are showing early signs of positively impacting the auction market, with Sydney this week bouncing back to a preliminary clearance rate of 73.4 per cent. The welcome bolster to Sydney’s results helped lift the capital city clearance above 60 per cent, but CoreLogic is urging caution when analysing the results, with volumes still trending lower. Their…
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Elite Agent
Clearance rate lifts as on-site auctions ready for return
As auctions prepare to welcome back the public on-site, the clearance rate has enjoyed a boost. CoreLogic notes this week’s preliminary clearance bounced back to 64.5 per cent, marking the first time it has exceeded 60 per cent since late March. Volumes on the other hand, remain subdued. The past weekend saw 473 auctions scheduled, which was down on the…
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Real Estate News
Auction volumes to remain low for foreseeable future
Auction volumes are likely to continue at a lower rate for the foreseeable future, according to CoreLogic, with just 590 properties scheduled for auction across the capitals this weekend resulting in a clearance rate of 59.6 per cent. Volumes were up slightly on the week prior when 413 homes were scheduled for auction and a final clearance rate of 41.1…
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Elite Agent
Here’s what 400 people on a Zoom training session looks like
Ray White is pretty famous for its in-house training programs, but in the last six weeks, the real estate group mobilised its 400+ strong corporate staff and moved its entire training calendar online in response to the lockdown in New Zealand and Australia. The combined group has already held some 200 sessions and had almost 15,000 attendances, including 5000 in…
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Thought Leaders Podcast
How to lead through a crisis with Andrew Bell OAM
With more than 45 years in the real estate industry, there isn’t much Ray White Surfers Paradise Group Chief Executive Officer Andrew Bell hasn’t seen – including a crisis or 10. He witnessed the ‘70s credit squeeze, survived the 1987 stock market crash, made it through the national pilot strike and weathered the storm that was “the recession we had…
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Real Estate News
Private inspections to make a comeback in NZ
With New Zealand set to come out of lockdown after the Anzac Day weekend, real estate agents are preparing for private viewings to recommence The country will move to Alert Level 3 just before midnight on Monday, April 27, and from next Tuesday, all businesses deemed to be capable of operating “safely” will be permitted to do so. Minister of…
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Real Estate News
How actor Sam Neill sold his Double Bay property online
Actor Sam Neill has sold his Double Bay property for an undisclosed amount believed to be over $3.6m to an Australian bidder currently in Hong Kong via online auction. The online marketing for the home was headlined “Vendor wants fast sale”. Selling agent Paul Ephron used the Openn Negotiation App to make that a reality for his client. After only…
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Real Estate News
Higher auction volumes again weighed down by withdrawals
Scheduled auction volumes increased this week, almost trebling in numbers after the Easter weekend, but as seen in previous weeks the results were weighed down by withdrawals, with the clearance rate coming in at 39.1 per cent. Across the capitals 1848 properties were listed for auction compared to 634 the week prior, according to CoreLogic’s figures. Of the 356 properties…
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Real Estate News
Ray White Manly’s 1000 courtesy calls to the area’s elderly
Ray White Manly has sought to ensure the local community knows there is always someone else on the end of the phone should they need it, undertaking more than 1000 courtesy calls to the elderly in their area. “We have a great relationship with our local MP, so my Sales Associate Jack Chadwick and I reached out to see if there…
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Real Estate News
A journey with a twist: How Ray White’s Tony McPherson finally made it home
“Linda and I had planned a cruise some time ago to celebrate a milestone birthday and tick off some bucket-list destinations,” Mr McPherson explained. “We flew to Buenos Aires to join a cruise that included the Falkland Islands, around Cape Horn, up the coast of Chile to Lima in Peru, then on land to Cusco, Machu Picchu, back to Argentina,…
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Real Estate News
Clearance rate weighed down by withdrawn auctions
Over 3000 properties were slated to go under the hammer this weekend. But according to CoreLogic 45 per cent were withdrawn from sale and a further 84 per cent of auctions sold prior to the event, resulting in a preliminary clearance rate of 48 per cent.
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Real Estate News
Gower Buchanan of Ray White NZ – Never more relevant than now
In New Zealand, the response to Coronavirus ramped up quickly, with the country given just 48 hours to prepare for full lockdown. Wherever people stayed the night of March 25, they were told to remain. All but essential services shut down. All businesses except supermarkets, pharmacies, clinics and lifeline utilities closed their doors. Ray White Ponsonby director Gower Buchanan notes…
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Real Estate News
Growth with a “best service” focus for Ray White
The Ray White Group is going from strength to strength in the Logan region, just south of Brisbane, with two talented acreage sales specialists joining the Marsden and Beenleigh offices. Kristie Steele and Brooke Collegde are transferring from Ray White Browns Plains to Ray White Beenleigh and Ray White Marsden respectively, following the retirement of…
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INDUSTRY NEWS
High volumes, lower clearance as auctions go online
Auction volumes were high, but as expected, the preliminary clearance rate took a hit across the capitals this week, falling to 61.3 per cent amid continued uncertainty surrounding COVID-19. It wasn’t for lack of innovation, however as agents worked hard to adapt to a fast-changing environment. This week was the first to see all auctions…
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Real Estate News
Victorian property sells $52k over reserve with Openn Negotiation
Online real estate auction platform Openn Negotiation has reported a successful weekend as the industry turns to the online realm for property auctions. Open Negotiation said its first sale for the weekend occurred at 6pm Friday night, shepherding in a positive weekend of activity. “34 Maitland Street, Geelong West, Victoria has just been successfully sold by Real Estate Geelong agent…
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Real Estate News
REIA announces 2020 REIA National Awards for Excellence winners
The Real Estate Institute of Australia (REIA) announce the winners of the 15th National Awards for Excellence. Due to the measures currently in place surrounding COVID-19, the event planned to be held in Darwin on 2 April 2020 was cancelled. REIA President Adrian Kelly said whilst this was disappointing it was inevitable for the safety and wellbeing of all concerned. …
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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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