Search Results for: first home buyers
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Elite Agent
The measure of success: Margaret Kneebone
Margaret Kneebone is the walking definition of a high achiever. Born and raised in the country town of Parkes, NSW, many kilometres away from where she now resides in South Australia, Margaret was a sponsored athlete who represented Australia in squash as a teenager. “I started to play around Australia when I was 18 and then I got selected to…
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Real Estate News
Five suburbs set to lead Sydney price rises
Analysis by a Sydney buyer’s agent has revealed five leading-indicator suburbs set to be at the forefront of price gains during the city’s next growth cycle. Principal and buyer’s agent at Buyers Domain, Nick Viner, said by studying the data and applying on-the-ground knowledge, he has identified locations he considers beacons of overall price rises. “The facts are that certain…
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Real Estate News
APRA proposes loan providers to set their own floor rate, allowing bigger mortgages
The Australian Prudential Regulation Authority (APRA) has announced a possible revision to its 7 per cent ‘stress test’ buffer on home loans. In a letter issued to authorised deposit-taking institutions (ADIs), APRA has proposed removing its guidance and allowing ADIs to review and set their own minimum interest rate floor for use in serviceability assessments. In the letter, the regulator…
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Real Estate News
Post election stability reported around the country
Has the coalition victory created an increase in consumer confidence as it relates to the property market? Many groups are saying that stability is a good thing with signs already of greater optimism, clarity and certainty. Dexar Group Dexar Group Chief Experience Officer John Minns has welcomed the end of the election campaign and stability for the housing market in…
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Real Estate News
Ray White Double Bay agents set a new street record
Ray White Double Bay agents, Evan Williams and Benjamin Goodwin, have set a new street record just days after listing a Woollahra home with a red carpet soiree. Sold for an undisclosed amount for a new street record, Mr Williams said he was thrilled with the result and the level of interest as a direct result of the VIP launch…
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Elite Agent
You had me at video
Candice Arlott could be be considered a bit of a go-getter when it comes to video marketing. This year Candice was invited to present at a Video Summit during the RE/MAX R4 convention in Las Vegas. Not only was she the only Australian, Candice was also the youngest member of the Video Summit panel, presenting to a packed MGM Casino Grand…
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Real Estate News
Property disruptor Soho launches ‘News Feed’ feature
Property disruptor Soho has launched a ‘News Feed’ feature for its app in an attempt to help buyers and sellers find their dream home. Similar to existing social networking platforms, users will be able to track trending topics through hashtags, connect to industry experts, and watch videos from industry figures. Since the platform launched in 2017 it has garnered over…
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Elite Agent
Hammer home your brand with a great game-day strategy
Lead agents looking to promote their brand as the go-to in their market should heed the advice Maximus Decimus Meridius offers in Gladiator: “What we do now echoes in eternity!” Irrespective of whether it’s your listing or another team member’s, everyone present on auction day needs to be on the same page and understand you are all being judged at…
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INDUSTRY NEWS
Liberal Party announces leg up for First Home Buyers
First home buyers are set for a significant leg up with a new initiative from the Morrison Government to slash the size of a home loan deposit, announced last night. Recognising that it can take nine to 10 years for an average household to save a deposit the Liberal plan is to help Australians realise the goal of buying their…
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Elite Agent
Purple Rain: 7 marketing lessons for any business
Purplebricks spent roughly 900 days on Australian soil, reportedly spent roughly $200 million in marketing, yet couldn’t make their business model work. With my marketer’s hat on, here are what I hope are seven useful and practical lessons we can all take away from the experience. 1. There is no point branding unless you can convert Homer Simpson can’t live…
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Elite Agent
Cindy Kennedy – A flair for real estate
For many, finding a body in a bathtub in your first week in real estate might just be enough to put you off a career in the industry for good. But for McGrath partner and Sydney Inner West sales agent Cindy Kennedy it taught her there’s always more to the story when it comes to selling a home. A natural…
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Elite Agent
To market, to market
Bread, milk, butter and a house. That may seem like a highly unusual, if not impossible, shopping list but modern technology has combined with the smarts of a Melbourne real estate innovator to make it possible to buy a home at the same time as picking up the groceries. Market Share Property’s David Stewart won the Game Changer of the…
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Elite Agent
The federal election, the property market, and the elephant in the room
The Labor Party has pledged to make sweeping changes to negative gearing and capital gains tax, while the Liberals have suggested they will be relying on the Reserve Bank of Australia to cut interest rates in a bid to regenerate market activity. But what both parties have yet to fundamentally address is just how much the property industry serves the…
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Elite Agent
Brok Milligan’s 25 days of giveaways
Real estate agents today cannot afford to be ‘average’. In the business of helping sellers sell homes and buyers buy homes, an agent’s future is in delivering exceptional services. People’s experiences and the relationships you build with them… that’s what matters. RE/MAX New Zealand singled out RE/MAX Go For Sold agent Brok Milligan from a network of exceptional agents and…
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OPINION
Negative gearing is not the biggest issue our property market faces: Charles Tarbey
The Australian property market has been consistently disrupted by false and misleading predictions which coupled with a widespread tightening of credit policy has created the real issue impacting our industry. A fallout from the Banking Royal Commission saw banks apply stricter lending requirements that made it difficult for consumers to obtain finance, particularly for investors. Whilst I have the greatest…
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Real Estate News
Mosman trophy home hits the market with Ray White Lower North Shore
Mosman’s first trophy home listing for 2019 has hit the market with a bang, with industry figures hoping the high calibre home will bring new buyers to the market. The high end property at 28 Ruby St, Mosman was designed by architect Susan Rothwell and is being marketed locally and internationally with a price guide of $23m to $25m. Listing agents…
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Real Estate News
Ray White Castle Hill welcomes local high performer to the team
Ray White Castle Hill has welcomed Sales Executive, Sara Perry, to the team. A local, born and bred in the Hills district, Ms Perry has been in the industry for over 13 years and started her career in reception at Ray White Parramatta. “I had a brief stint in sales before moving over to property management, and one day several…
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Real Estate News
Bendigo Bank reduces their owner-occupied home loan variable interest rates
Bendigo Bank has announced it is decreasing its Bendigo Express Home Loan and Basic Home Loan variable interest rates. Bendigo Bank Executive, Consumer Banking, Richard Fennell said the changes introduced will enhance customer experience by providing greater choice. “Some of our customers, particularly first home buyers, may prefer the assisted home loan journey and market-leading service excellence of our Bendigo…
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Real Estate News
Household lending rises in February: ABS
New figures released by the latest Australian Bureau of Statistics (ABS) have revealed the value of new lending commitments to households rose 2.6 per cent in February 2019. The February rise followed on from a fall of 2.3 in January. According to ABS Chief Economist, Bruce Hockman, despite the activity, the longer term story is largely unchanged with new lending…
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Real Estate News
realestate.com.au has launched ‘How to Home Loan’ – a video campaign
realestate.com.au has launched a new video series to help first-home buyers navigate the challenges of securing finance and buying a home. The tongue-in-cheek series, called How to Home Loan, stars Jess Harris and explores the everyday frustrations that come with the home-buying journey. From daunting bank meetings to maintaining the avocado lifestyle while trying to save, the five-part educational series…
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Real Estate News
Independent rebrands to reflect a focus on the future
Independent has rebranded their businesses, dropping ‘Property Group’ from the brand name to reflect a drive towards innovation. According to Chief Experience Officer John Minns, the company’s new look represents the future. “This rebrand is about updating the look and feel of Independent to be in line with how we are as a company – innovative, friendly, relatable and approachable,”…
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Real Estate News
LJ Hooker Avnu welcomes Cameron Maxwell to the team
LJ Hooker Anvu in Sydney’s Lower North Shore has welcomed Cameron Maxwell to the team to service the highly sought-after area. In addition to his real estate experience, Cameron has also spent time as a taxation specialist with BMT specialising in property investments. Christine Mikhael, Chief Performance Officer of LJ Hooker Avnu, said she was delighted to have Mr Maxwell…
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Real Estate News
Budget 2019 focused on a strong economy
Prime Minister Scott Morrison and Federal Treasurer Josh Frydenberg handed down the Federal Budget last night. With a Federal Election on the horizon, the centrepiece of the budget was a cash rebate pitch to middle income earners and no changes to taxation legislation this side of an election. It’s the second year in the row there was no mention of…
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Real Estate News
Housing downturn loses some steam: CoreLogic
CoreLogic’s latest home value index results show the pace of declining property values in March eased relative to the past four months. Head of Research at CoreLogic, Tim Lawless, confirmed that the 0.6 per cent drop in March was the smallest of the month-on-month declines since values fell by 0.5 per cent in October last year. However, Mr Lawless noted…
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Real Estate News
REIA responds to Opposition’s start date for negative gearing and capital gains tax changes
The REIA has reiterated its strong opposition to the Labor Party’s negative gearing and capital gains tax policy, following the announcement that 1 January 2020 would be the start date for their negative gearing and capital gains tax increases if they were to win the federal election. “The REIA has always been concerned with the impact the policy would have…
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Real Estate News
RE/MAX Revolution expands in New Zealand
With its new name and a refreshed look, RE/MAX Revolution Howick comes as an exciting business expansion for Don Ha. The well-known Auckland real estate identity, who opened his first RE/MAX Revolution in Papatoetoe last year, has now expanded in the eastern suburbs of Auckland with a new RE/MAX Revolution office in Howick. RE/MAX Revolution in Howick will specialise in…
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Real Estate News
Independent Property Group to hold a free seminar for first-home buyers wanting to break into the Canberra market
Independent Property Group has announced the launch of a free seminar, sponsored by Westpac Bank, for first-home buyers looking to break into the housing market in Canberra. The event will feature Will Honey, Principal at Independent Property Group Tuggeranong, Aimee Bergan and Nicole Kerli from Westpac Bank, as keynote speakers on the evening. The expert panel will cover everything concerning finance…
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Real Estate News
Gavin Rubinstein sets his sights high as he sells $40M worth of properties in 14 days
In the middle of what many people are calling a lacklustre market, the director of The Rubinstein Group at Ray White Double Bay has just sold almost $40M worth of property across eight luxury homes in Sydney’s affluent eastern suburbs in 14 days. “March has started off really positive given the negative media commentary of late,” said Mr Rubinstein. “Although…
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Real Estate News
Sunshine Coast agents dominate the REIQ Awards
THE Sunshine Coast staked its claim to be home to the best agents in Queensland, scooping five of the 19 awards at last night’s REIQ Awards for Excellence gala, as more than 500 real estate professionals gathered at the RNA Showgrounds. Jodie Hedley-Ward from McGrath Caloundra claimed the Best Salesperson of the Year award, while the agency also took home…
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Real Estate News
Colliers International and Ad Group have partnered to launch a First Home Buyers guide
Melbourne-founded property technology business, AD Group have partnered with Colliers International to promote their First Home Buyers Guide to buying off-the-plan in NSW, a manual for first-home buyers to assist them in entering the NSW property market. ‘We are really proud to have developed Colliers International First Home Buyers Guide,” said Dennis Vertzayias, National Director, Head of NSW Residential Project…
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Real Estate News
Victoria continues to lead First Home Buyer Market as each capital improves in different sectors
The Adelaide Bank/REIA Affordability Report for the December quarter 2018 showed a slight decline in housing affordability nationally with the proportion of income required to meet loan repayments increasing to 31.2 per cent, up by point one per cent. However, it showed an improvement of point four per cent when compared to the December Quarter of 2017. “When we look…
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Real Estate News
CoreLogic Home Value Index: Downward trend continues in February
CoreLogic released its February home value index results showing a a fall of 0.7%, across the combined capitals increasing the cumulative decline to -6.8% since values last peaked in October 2017. Head of research at CoreLogic, Tim Lawless said, “The fact that we are seeing weakening housing market conditions across regions where home values were previously rising at a sustainable…
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Real Estate News
Gawler triumphs at First National SA/NT awards
The awards recognised the best of First National’s SA/NT agents throughout 2018, with the top 10 individuals and offices now competing for national GEM Awards, which hold the chance of an expenses paid trip to the National Association of Realtors conference in San Francisco this November for top 10 national winners. Acting SA/NT State Chair, Zeta Bennett, says the results…
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Elite Agent
Welcome to California: Glen Coutinho
Glen Coutinho recently sat down and penned a quick letter. It was a short note to his first ever client in real estate, thanking him for his support. “I hope you’re enjoying your home,” he wrote. “Just letting you know I’ve been in real estate for 30 years now, but I wanted to remind you that you were my first…
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FRANCHISE NEWS
Ray White’s Chairman Elite performer awarded to Top Western Australian agent
Top agent Vivien Yap of Ray White Dalkeith | Claremont was recently honoured as a Chairman’s Elite performer, ranking her among a very small handful of top Ray White agents across Australasia. Ms Yap is the leading group’s first female Chairman Elite of 2018-19 – awarded to those who write in excess of $1.25 million in fees and/or 120 sales…
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