Search Results for: The Block
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Real Estate News
Weekend Auction Wrap: Supply shortages keep driving demand
The top-end buyers were once again out in force in Sydney with a lack of supply continuing to force buyers to pay higher prices. In Sydney, the preliminary auction clearance rate was again well above 80%, finishing up at 84.3% according to the latest data from CoreLogic. The result was up sharply on last week…
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Real Estate News
Brisbane Skytower’s ‘The Horizon Collection’ released to market
The most exclusive residences in Brisbane’s tallest tower have been launched to the market, with potential buyers now having the opportunity to view the homes for the first time. The Horizon Collection in the landmark 90-storey Brisbane Skytower in the heart of the CBD consists of 43 two and three-bedroom luxury residences and four penthouse…
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Real Estate News
m3property appoints new CEO
National independent valuer and advisor m3property has appointed David Martin as Chief Executive Officer. Mr Martin joins m3property following a long and distinguished career as a Chief Executive Officer including a successful stint at The Buchan Group that resulted in the creation of a global alliance with Nikken Sekkei. Grant Jackson, who has filled the…
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Elite Agent
Report hopeful for future of real estate despite record low listings
An influential property figure has accused state governments of being “addicted to the revenue” they receive from stamp duty and fees, resulting in record low listings across the country. John McGrath this week released the McGrath Report 2020, in which he claimed upgraders in big cities were paying close to $100,000 in fees and “absurdly…
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TECH + SOCIAL
Tech startups making waves
Wouldn’t it be great if you could predict the price a home would sell for? Don’t you wish you could pay your selling agent a set fee based on the listing price of your home instead of the sale price? Do you yearn for a real estate assistant to help you wade through the millions of property listings and find…
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Real Estate News
Harcourts expands in Perth region
Alex Dabag and John Tran have a combined 26 years of real estate knowledge in the northern region of Perth have opened the latest Western Australia franchise, Harcourts Initiative. Alex Dabag and John Tran have a combined 26 years of real estate knowledge in the northern region of Perth. And with a considerable refer and…
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Ask the Coach
How to focus on the process first and the goal second
Q: What would you suggest I do to finish the year strongly? Matt Newey, Fitzpatricks Real Estate, Wagga A: If you need to bring your A-game to the rest of the year, there are several things you need to ‘marry’. Most agents get stuck focusing on a goal, a result or an outcome, and if you’re not on track to…
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Thought Leaders Podcast
Perry Marshall – The network effect and how to build a business that lasts
Perry Marshall is one of the most expensive business strategists in the world. He’s guided clients like FanDuel and InfusionSoft from startups to hundreds of millions of dollars. Not only that, NASA’s Jet Propulsion Labs uses his 80/20 Curve as a productivity tool. His reinvention of the Pareto Principle is published in Harvard Business Review. His Google book laid the foundations…
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FEATURE INTERVIEWS
Don’t stop me now – real estate’s elder statesmen
Ken McCarthy doesn’t know the meaning of the words ‘slow down’. At the spritely age of 89, the Ray White Helensburgh Director is one of Australia’s oldest real estate agents. There must be something about the name Ken as down south, in Geelong, Elders Rural Real Estate Sales Manager Ken Drysdale, 69, is also one of the profession’s elder statesmen.…
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Real Estate News
Real estate team celebrates new home
Clients, real estate peers and business associates attended a celebratory event this month at RE/MAX ACPA’s new premises in Williams Landing, a suburb 19 kilometres south west of Melbourne’s CBD. Leon Lee and Jason Chen The iconic RE/MAX balloon and bright RE/MAX colours are prominent at the new office, which broker owner Leon Lee says will provide a more convenient…
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Real Estate News
Auction Market Recap: The buyers return with force
With the footy finals out of the way, property buyers across the nation were out in force over the weekend, pushing the auction clearance rate straight back up to pre-finals levels. Sydney’s preliminary clearance rate surged back above 80 to finish at 82.3 per cent, while Melbourne was equally strong at 76.7 per cent, according to the latest CoreLogic data.…
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Real Estate News
Where are the strongest yields for investors: Herron Todd White
While new investors are almost always initially drawn to the potential for a property to generate significant capital gains, savvy investors have long been on the hunt for yield. Generating cash flow through strong rental returns might not be as exciting as picking the next hotspot, but it forms a strong foundation for many investors in the current market, given…
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Thought Leaders Podcast
Jeff Turner: How to future-proof your real estate business
Jeff Turner has been a leader in all things digital in the real estate industry for decades - and now he helps tech startups understand and navigate the real estate industry as a part of the NAR incubator program. In this interview with Hayley, we take a deep dive into how technology is changing real…
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EPM: Ask The Expert
Top 5 areas to monitor in property management
In all areas of business, what gets measured gets done, and of course Property Management is no exception. But with so many areas, it can be difficult to know what to measure. Whether you love or hate numbers, knowing the position of your business and the metrics for success is imperative. Of course, these numbers…
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Real Estate News
Ray White Apartment Collective puts dozens under the hammer
More than 40 properties across Queensland, Victoria and Western Australia will go under the hammer between 14-18 October for Ray White’s second Apartment Collective. The initiative is designed to create competition across certain capital cities in Australia with one of the leaders of the Collective, Ray White Network Performance Executive Benjamin Burling, calling the event “a point of difference”. “The…
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Real Estate News
Australia’s six-star family estate for sale
Australia’s unrivalled six-star luxury riverfront property is on the market in Perth. The resort-style oasis at 89 Watkins Road, Dalkeith is famed for its impeccable lush grounds complete with orchards, tennis court and picture perfect 25m swimming pool. The 6406sqm estate is spread over six titles on a quiet cul-de-sac, overlooking the Swan River in Perth’s prominent waterside suburb of Dalkeith. The…
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Real Estate News
Banks slash fixed rates, pricing in Melbourne Cup cut
Tuesday 8 October, 2019: Three of the Big Four Banks have dropped rates on their fixed home loans in the past week, with NAB the latest major bank to cut its rates by up to 0.40 per cent today. In total, 17 lenders - including CBA and ANZ - have cut rates on fixed home loans…
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LEADERSHIP
What does the future of real estate hold?
Tony Morrison has always loved to talk numbers. The Harcourts Tasmania and Victoria Chief Executive Officer has been in the profession 31 years. He oversees 82 offices, and Harcourts holds 25 per cent market share across the two states. The number 24 is also important for Tony – not only because it signifies the number…
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Thought Leaders Podcast
Hayley Mitchell: How to increase productivity in property management
Hayley Mitchell started in real estate in 1999 and has worked in all facets of property management. She’s won numerous awards including REIV property manager of the year two times and has twice been named on the Elite Agent industry influencers list in 2017 and 2018. She also recently launched a new business, Geelong Property…
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Profile
No matter what business you’re in, you’re always in the business of people
What was your first job and what did it teach you?My first job (part-time) was at Coles as a checkout chick. It taught me the importance of money as we had to balance the till after every shift. How long have you been in real estate?I’ve been selling real estate for seven years. This time for about five years and…
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EPM: Ask The Expert
7 tips for property managers to decrease stress and increase productivity
Having just entered the new financial year, now is a good a time to take stock of the health of your portfolio and consider some of the following areas: Rent reviews and lease renewalsUpdate in line with the current market and ensure tenants are on fixed-term leases. Repairs and maintenanceHow many outstanding work orders are…
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Real Estate News
Confidence steady for NSW property industry
The latest ANZ/Property Council Survey has shown NSW property industry confidence decreased slightly overall mainly due to concerns over worsening macroeconomic conditions and a reduction in forward work expectations. NSW property industry confidence has decreased 10 index points from 126 to 116 over the quarter and has fallen four index points over the 12 months…
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Real Estate News
Which cities worldwide are at greatest bubble risk?
A global study of real estate bubbles has revealed a bubble risk or a significant overvaluation of housing markets in half of all evaluated cities. Bubble risk appears greatest in Munich, followed by Toronto, Hong Kong and Amsterdam, according to the UBS Global Real Estate Bubble Index 2019, a yearly study by UBS Global Wealth Management’s Chief Investment Office. Frankfurt,…
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Real Estate News
Finalists announced for 2019 REA Excellence Awards
REA Group has announced the finalists for this year’s Annual REA Excellence Awards (AREAs), to be held in Melbourne on Thursday 14 November 2019. The AREAs honour the most innovative, community-minded and highest-achieving individuals and businesses in the property industry (residential, commercial, project developers) and media industry. There will be 21 awards in total presented…
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National
House prices are booming again in Melbourne and Sydney
House prices across the nation have seen their biggest jump since March of 2017 in what is a return to boom times for many capital cities. Once again Sydney and Melbourne led the way, both jumping 1.7 per cent for the month of September, while Canberra was the other strong performer leaping 1 per cent, according to the latest data…
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INDUSTRY NEWS
New regulator appointment vows to protect Queenslanders
An award-winning and prominent builder with a lifetime’s experience and expertise in building and construction has joined the Queensland Building and Construction Commission (QBCC) as the new Assistant Commissioner – Technical. Yvonne Pengilly has had an extensive career in the industry from subcontract brick and blockwork to a company director overseeing high end resort and multi-storey apartment developments. Ms Pengilly…
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Real Estate News
Millennials struggling to leave home, according to affordability report
The ongoing affordability crisis is entrenching a generation dependent on parents for housing, with the number of Millennials giving up hope of moving out of home by 30 years of age surging, according to CoreLogic’s Perceptions of Housing Affordability report for 2019. The report identified the proportion of Australians who think they will be at least 30 years of age…
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Thought Leaders Podcast
Mark McLeod – The fundamentals of business growth in real estate
With a wealth of experience in the real estate industry, Mark McLeod is the Chief of Growth of the largest real estate group in Australia. Mark’s role focuses in on how agents can grow themselves personally in order to grow the business professionally. In this interview, Mark discusses growth in any market, how the role…
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TECH + SOCIAL
Elite Agent primer: 5 ways 5G could impact the property industry
What is 5G? 5G is rapidly rolling out in many countries throughout the world and is the latest evolution of mobile connectivity. A step up from the current 4G, it plans to be more reliable and faster than its predecessor and could impact the property industry in a few different ways. Telstra has enabled 5G…
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Real Estate News
Barry Plant’s top performers awarded for excellence
Barry Plant Group’s stars shone at the company’s 2019 Awards for Excellence at Melbourne’s Crown Palladium recently, with nearly 800 people attending the black-tie event. The Frankston office had an outstanding night winning Franchisee of the Year and the Property Management Growth Award, with agent Bailey White joint winner of the Ron Hudson Rising Star Award. Geelong staff were also…
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SELLING + MARKETING PROPERTY
Weekly Auction Wrap: Clearance rate strong amidst a surge in listings
It has been another strong weekend for auctions across the country as the national clearance rate once again finished above the 70 per cent mark. With the weather heating up across the country, so too were the number of listings, which jumped nearly 20 per cent. Sydney recorded a preliminary clearance rate of 76.6 per cent while Melbourne came in…
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FEATURE INTERVIEWS
Tony Heath: Your name is your reputation
It might be unlucky for most, but for Tony Heath the number 13 has proved nothing but fortuitous. His wife, Julie was born on the 13th, as was one of his sons. On July 13th he celebrated 28 years in the real estate industry and 28 years with McLachlan Partners on the Central Coast of NSW. “I’ve only ever worked…
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Elite Agent
Ray White Rural’s annual muster for 2019
Ray White Rural & Livestock held it's annual muster on the Gold Coast yesterday with almost 200 agents coming from all over Australia to learn and get inspired. The speakers at the one-day conference at the Marriott Resort, Surfers Paradise were economists, industry thought-leaders, elite agents, progressive entrepreneurs and even disruptors. Stephen Nell, Ray White…
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Real Estate News
Ray White Rural celebrates its 2019 winners
MORE than 200 guests from as far as Albany in Western Australia, Timboon in Victoria, Tumbarumba in New South Wales, Port Augusta in South Australia and Barcaldine in Queensland attended the annual Ray White Rural & Ray White Livestock awards on the Gold Coast last night to celebrate the achievements of the top offices and…
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Thought Leaders Podcast
Kylie Walsh, DiJONES – Strategic recruitment and how to retain key people
Kylie Walsh is the General Manager of DiJONES and has more than 20 years of real estate experience in every type of role. She began her career at the young age of 21, where she bought her first real estate office in Tamworth. This was only the first step in a successful corporate property management career – and with many…
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