Search Results for: first home buyers
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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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SELLING + MARKETING PROPERTY
Staging guide to help sellers boost prices
Real estate's lifestyle brand Better Homes and Gardens Real Estate LLC has launched its exclusive Staging Inspiration Guide for its sales professionals complete with tips and suggestions for every room in the home. The 14-page resource, featuring products from the Better Homes & Gardens product collection, today at the brand's annual Owner's Retreat conference in Aspen,…
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Elite Agent
Auctions aren’t simply for the top-end properties
Sellers who have taken their homes to auctions in spring have been scoring results well above the median prices for their respective cities. Analysis from Domain showed the median price for properties sold at auction in Sydney on Saturday was $1,177,500. The amount is in stark contrast with Sydney’s median home price of $805,424 (CoreLogic).…
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Real Estate News
Rental returns still struggling despite sales resurgence
Despite a resurgence in house prices and strong auction results, the national rental market has continued to struggle in recent months. Across Australia, rents were -0.1% lower over the month to September 2019, with the median rental value being $436 per week. The weak rental rates have been trending lower of recent times, with the…
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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
HIA supports next steps for First Home Loan Deposit Scheme
The Housing Industry Association of Australia (HIA) has indicated its support for the First Home Loan Deposit Scheme after legislation was passed in the Senate on Tuesday. “Housing is a national priority and HIA welcomes the Senate passing legislation that will facilitate the next step in making the First Home Loan Deposit Scheme a reality,” stated HIA Managing Director, Graham…
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Real Estate News
Belle Property Samford under new leadership
Belle Property Samford is under new leadership with highly rewarded Leigh Hutton taking ownership of the South-East Queensland based business. Leigh, who has been working as a sales agent at Belle Property Samford since 2017, plans to build on the strong track record of the business, while finding new and innovative ways to service its…
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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
REIWA launches plan to boost WA’s economy
The Real Estate Institute of Western Australia has launched a six-point plan to attract buyers and investors back to the market following a dramatic decline in sales activity. The plan includes changes to stamp duty, reintroducing first home owner grants, and revoking the foreign owner duty surcharge. REIWA President Damian Collins said sales activity fell from 89,000 in 2005 to…
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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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Real Estate News
RE/MAX 2Aspire to serve Pukekohe community
RE/MAX 2Aspire owners Peter and Maureen Strong have expanded their real estate business with the addition of an office in Pukekohe. The husband and wife real estate team opened RE/MAX 2Aspire in Waiuku in 2017, and now just two years later have opened their second office. “Ours is a real estate team with customers at its heart, giving great service…
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Real Estate News
New business geared towards first home buyers launches Sydney office
A game-changing real estate agency is opening Australia's first office geared specifically toward first-home buyers and investors. Sydney real-estate identity, Marites Novis is opening Qfirst Property Investment Group's first office in Blacktown after identifying a gap in the market. "I've found that in my many years of experience in the real estate industry, most first-home buyers and…
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Real Estate News
Matterport announces AI capabilities that will turn smartphones into 3D capture devices
Spatial data company, Matterport, has announced its latest breakthrough, Matterport 3D Capture for Smartphones, which will turn consumer smartphones into 3D capture devices. The capability, which was demonstrated for the first time recently at an invite-only event at San Francisco’s most exclusive property – Residence 950 – will support iPhone and Android devices. The first iPhone version is expected to be available…
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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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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
Triple threat as brothers join Ray White Werribee
Continuing in the tradition of being proudly family owned and run, Ray White Group has recently welcomed three brothers on board in Werribee. The Krnjeta brothers – Robert (Partner/Auctioneer), Petar (Agent/Auctioneer) and Alex (Sales Associate) – said it was the company’s family values that attracted them to the business. “One of my key reasons for making the move to Ray White…
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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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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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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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Real Estate News
Stable population growth to support building activity
Population growth figures released this week are good news for the residential building industry, according to the Housing Industry Association. The latest ABS data shows Australia’s annualised population growth rate remained at 1.6% during the March 2019 quarter. HIA Economist Angela Lillicrap said the stable population growth is a welcome development for the residential building industry as it recalibrates to…
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TECH + SOCIAL
Protect yourself, your business and your data from hackers
Australia’s strong economy, along with high rates of internet and new technology adoption, has made our country, a lucrative target for attacks. Here’s two ways to protect yourself from hackers. Imagine this: Your client is ready to purchase their first home! You share bank details with them via email and SMS. Unfortunately, this leaves you…
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SELLING + MARKETING PROPERTY
People Power
On the surface, the link between producing commercial quantities of soup and selling houses is extremely tenuous. Dig a little deeper and you may find the connection not so far fetched. Former Campbell’s Soup CEO Doug Conant was renowned for saying “to win in the marketplace, you must first win in the workplace”. It’s an adage that Barry Plant Manningham…
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Elite Agent
Weekly Auction Wrap: Has the clearance rate topped out?
While it was another strong weekend across the country for auctions, we’ve had the first downtick in a number of weeks, which could signal that the surge in the clearance rate is starting to ease. Over the weekend, the latest Corelogic data has shown 75.7 per cent of homes sold at auction across the country, marking what is expected to…
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Real Estate News
First Home Buyer Deposit Scheme moves ahead
The Government’s introduction of the National Housing Finance and Investment Corporation Bill (NHFIC) will provide a platform to establish the First Home Buyer Deposit Scheme announced during this year’s Federal election. The HIA welcomed the move, with Managing Director Graham Wolfe saying the introduction of legislation by the Treasurer, the Hon. Josh Frydenberg, to support the home ownership aspirations for…
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Real Estate News
Home lending bounces back in the lead up to spring
New ABS data released this week shows home lending is back with a bang, posting a 5.1 per cent jump month-on-month in new home loans settled in July. Owner-occupiers saw the biggest growth, increasing 5.3 per cent in value in July compared with June figures, in seasonally-adjusted terms, excluding refinancing. Investors have continued their come-back into the housing market, with…
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Real Estate News
First home buyers surge in July
First home buyers are continuing to take advantage of a less competitive environment and more affordable house prices, according to the Housing Industry Association (HIA). HIA economist Angela Lillicrap said yesterday’s ABS Lending to Households and Business Data for July indicated the number of loans to first home buyers was up by 1.3 per cent for the month and 4.0…
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Elite Agent
How population is impacting house prices
Population movements are one of the key reasons house prices rise and fall, and according to Herron Todd White, it’s not just about how how many people are moving to or from your city, but also the demographics of those people. The leading Australian valuer has studied the impact that the current population trends have been having in our major…
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Real Estate News
Concierge team digs deep for OrangeSky
Ray White & Loan Market’s Concierge team recently presented a $5000 donation to Orange Sky Australia – a Brisbane-based charity which helps the homeless with free mobile laundries and hot showers. Orange Sky Australia is the world’s first free mobile laundry service for people experiencing homelessness in Australia, and it has just expanded to Auckland. The idea was born five years…
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Real Estate News
realestate.com.au targets first home buyers with second series of How to Home Loan
realestate.com.au has continued its partnership with comedian Jess Harris –twentysomething, Wine – to release a second series of the hugely popular How to Home Loan video series, which explores the frustrations of first home buyers when embarking on their home purchasing journey. Season two of the tongue-in-cheek educational campaign shines a light on the realities of buying a home and…
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Real Estate News
Sydney blue-ribbon areas lead property comeback
The green shoots of a property market recovery are sprouting, according to DiJONES’s latest annual Market Report released this week, which shows prominent Sydney areas leading the way and a trend of Sydneysiders relocating to the Southern Highlands. The report, which draws data from 176 suburbs surrounding its eight offices in Sydney and the Southern Highlands, shows that unit values…
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Real Estate News
Investment expo to offer more than great ideas…
More than 6000 people are set to converge on the Sydney Showgrounds in late October for the 2019 Property Buyer & Investor Expo. Slated for October 26 and 27, this year’s event is expected to reflect renewed market confidence and will feature five categories of exhibitors who provide a well-rounded picture of the investment landscape. With exhibitors from the finance…
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Real Estate News
REIWA calls for less talk, more action on stamp duty
The number of annual property sales in Western Australia has dramatically dropped from over 71,000 in 2013 to less than 41,000 in 2018, the lowest the state has seen since 1990 and the numbers are only continuing to fall in 2019. REIWA President Damian Collins said one of the biggest imposts to home ownership is stamp duty, which has significant…
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Real Estate News
LJ Hooker Avnu Lower North Shore expands sales team
LJ Hooker Avnu Founding Partner Adrian Bridges recently welcomed Nic Christou to the team. Mr Christou has an impressive track record, starting his career when he was just 15 years old, and has now chalked up more than 10 years in the industry. Mr Bridges said Mr Christou first reached out to him on Instagram and requested a mentoring opportunity. …
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INDUSTRY NEWS
Weekly auction wrap: Clearance rate set for a two-year high
It was another strong weekend for auctions, with the nationwide preliminary rate sitting at a very strong 76.6 per cent. If the final clearance rate finished above 70 per cent, it will be the first time since May 2017 and a really strong sign for property prices headed into the spring selling season. Sydney led the playing field with 81.7…
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