Search Results for: first home buyers
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TECH + SOCIAL
Kylie Davis: Could Robots Rescue Real Estate Franchises?
The franchise model is being disrupted by technology that’s making it easier than ever for individual agents to run their own show more flexibly and efficiently. But could bots – backed by AI, automation and big data – come to the rescue and help the big real estate brands deliver new value to agents? To explore this idea, let’s look…
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INDUSTRY NEWS
June 2018: Interest rates on hold, Industry reaction
At its meeting yesterday (5th June 2018), the RBA Board decided to leave the cash rate unchanged at 1.50 per cent for its 20th consecutive meeting. REA GROUP “The economy still isn’t growing fast enough to warrant an increase,” says REA Group Chief Economist Nerida Conisbee. “The issue is consumer confidence. While businesses are feeling far more confident, this is…
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INDUSTRY NEWS
Micro sized apartments equal major risk
Micro seems to be the latest buzzword when it comes to property, but do big things really come in small packages? While micro-apartments aren’t a new concept, as housing in major city hubs becomes out of reach for many first home buyers, they are an alternative to getting a foot on the first rung of the property ladder. However, the…
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OPINION
The results are in, the investor crackdown has hit hard: Nick Bendel
No, you’re not going crazy – investors really have been piling out of the market in a big way. The latest seasonally adjusted figures from the Australian Bureau of Statistics prove the point, with investment lending in March 2018 falling to its lowest level since January 2016. The value of investment finance commitments dropped 9.0 per cent over the month…
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FRANCHISE NEWS
Robert Maher makes the move to @realty
One of Australia’s top performing real estate agents, Robert Maher, has joined @realty, a national real estate network, which has signed more than 500 agents to its banner over the past four years. Mr Maher has been ranked in the top two per cent of Australian real estate agents by sales volume, and has moved to @realty. Mr Maher says…
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TECH + SOCIAL
Enough Excuses: Time To Take Digital Seriously
AREC 2018 will be highly informative, like all before it. A host of guest speakers will again speak of the evolving world of real estate sales; many will remind the audience just how critical their digital presence is to their growing success and long-term survival. Of course, everyone knows this already; but inspirational speakers have a way of reinforcing and inspiring their…
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INDUSTRY NEWS
Budget 2018: The plan for a stronger economy
Last night Treasurer Scott Morrison handed down the 2018 budget, designed to focus on job creation, guarantee essential services and supporting older Australians. He also announced greater infrastructure initiatives including 24 Billion to be spent over roads and rail in the next decade while “bringing the budget back into balance”. Treasurer Scott Morrison’s Budget Speech Streamed live on Facebook Key…
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INDUSTRY NEWS
European model reducing the cost of Australian housing
Baugruppen is a housing model first established in Germany that sees like-minded home buyers come together to design and build multi-residential housing. Rather than buying off the plan, they buy land as a group and then commission designers and builders to construct projects to their specifications. The Conversation explains the name roughly translates to “building group” and “stands for a long tradition…
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Ask the Coach
Ask the Coach: How to Gain More Listings and Stand Out in a Tightening Market
Q. Any tips with more listings and fewer buyers around? – Alan Fettes, Ballard Property Group Double Bay In changing markets, we often see that we need to adapt to certain conditions to ensure we can get sales across the line for our vendors and keep the days on market below industry average. It will require a new set of skills, mindset…
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FEATURE INTERVIEWS
Back to Basics Reaps Rewards: Barry Plant Manningham
Barry Plant Manningham’s recipe for success is straightforward: Keep things simple, go back to basics and put the customer first. You might expect real estate agencies to do this naturally, but it seems in recent years the KISS principle (keep it simple, stupid) hasn’t always been that easy. It’s something Barry Plant Manningham’s Managing Director Spiro Drossos was keen to…
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FEATURE INTERVIEWS
Listing presentations critical to a first-class digital profile: Dick Karlsson
If the mission is to sell real estate, then the currency is the listing presentation, explains Dick Karlsson of DIAKRIT. And it’s an arena where Australian agents often fail to impress. Mr Karlsson will be covering this topic and more as he offers his specialist insight at Digital Live 2018. Vice President of an international company renowned as an authority…
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INDUSTRY NEWS
Victorian Budget 2018-19: An opportunity lost says REIV
The Real Estate Institute of Victoria is disappointed that the Andrews Labor Government has not provided any property tax relief in its Budget handed down this week. “While the Premier says his government is getting things done, it has failed to get one of the most important things done,” REIV President Richard Simpson said. “We believe that a reduction in…
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FRANCHISE NEWS
Belle Property bolsters its Buyer Advisory service with key appointment
Brady Yoshia, an established buyer advisor, has joined Belle Property Pymble as the Director of Buyers Agency, as Principal Michael Doran launches Buyer Advisory to his market on Sydney’s North Shore. CEO of Belle Property, Peter Hanscomb welcomed Brady to the network, recognising the skillset she brings. “With Brady joining our network, this is a critical step in the direction…
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FRANCHISE NEWS
Ray White Lower North Shore enters Crows Nest
Directors David Gillan and Richard Harding are at the helm of a team based in one of Sydney’s most liveable suburbs. “We’re bringing with us the experience and strengths of the Ray White Lower North Shore Group to Ray White Crows Nest,” Mr Gillan said. “We have access to the biggest buyer pool in the Lower North Shore, which includes…
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FRANCHISE NEWS
Ray White welcomes Aaron McDonald back to the agency
Melbourne auctioneer and agent Aaron McDonald has been welcomed back to one of Victoria’s leading agencies, Ray White, with open arms. Mr McDonald said he was excited be back at Ray White after running his own business and working with a local agency, where he was awarded the number one sales agent from 2014 to 2017. He has successfully helped…
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INDUSTRY NEWS
Better Homes and Gardens Real Estate enters the Australian market, backed by Charles Tarbey
After a master franchise agreement between Realogy Holdings Corporation and CT Investment Holdings Pty Ltd, Better Homes and Gardens Real Estate has announced it will be expanding its global presence with offices in Australia and New Zealand. Mr Tarbey is chairman and owner of CT Investment Holdings Pty Ltd, and his company will be responsible for the growth, marketing and…
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INDUSTRY NEWS
Real estate industry wishlist for 2018-19 budget
The real estate industry have issued their hopes from the 2018-19 budget, which will be released at approximately 7.30pm AEST on Tuesday May 8. REIA Affordability is one of the key topics for the REIA going into the next budget. While they praise the previous budget’s recognition of the issues, they don’t think the fixes have gone far enough. REIA…
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FEATURE INTERVIEWS
The Numbers Game: Ash Weston
Ash Weston fell into real estate by accident after dropping out of high school and cutting his teeth on a variety of manual jobs. Now he’s one of Ray White’s top agents, winner of several awards and last year earned fees of over $1,500,000. But he has never forgotten the lessons he learned on the factory floor. How did you…
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FRANCHISE NEWS
Raine & Horne opens new office in Perth commuter belt suburb
Raine & Horne has opened a new office in Ellenbrook – a commuter belt suburb of Perth, 45 kilometres northeast of the central business district. Ron Lyster, an experienced local real estate agent and property development manager, will lead Raine & Horne Ellenbrook. Mr Lyster has switched to Raine & Horne from another leading real estate group. “Ron has been…
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INDUSTRY NEWS
New service plans to revolutionise international property investment
CityYield, a global agency that specialises in the sale of investment property for rental yield across leading international markets, has launched into the Australian market. For the first time, non-institutional investors will be able to find, analyse and acquire properties across hotspots in the UK, Germany and the US using the service. Jeremy Kasler, CEO of CityYield, said, “Through our…
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FEATURE INTERVIEWS
Field of Dreams: James Hand
It takes incredible vision to sell the dream of stately homes and high-spec apartments while standing in a field amidst grazing cows, but for James Hand of Latitude Real Estate in Victoria it’s a success story based on knowledge, innovation and, above all, respect for clientele. Here James explains to Elite Agent how his innovative development firm includes both the…
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FRANCHISE NEWS
Buxton Real Estate opens fourth Geelong office
With the average house price in Greater Melbourne doubling in the last decade, Buxton Real Estate says more and more Melbournians are making the move to Geelong and Ballarat. Buxton CEO Nathan Jones said the volume of new estates being built, particularly in Ballarat, is creating property stock which cannot be challenged when comparing entry point prices. “These new estates…
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INDUSTRY NEWS
April 2018: Interest rates on hold, Industry reaction
At its meeting today, the RBA Board decided to leave the cash rate unchanged at 1.50 per cent. “The housing markets in Sydney and Melbourne have slowed. Nationwide measures of housing prices are little changed over the past six months, with prices having recorded falls in some areas,” says RBA Governor Dr Philip Lowe. “In the eastern capital cities, a considerable additional…
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Elite Agent
No limits to real estate success in bush country: Troy Kearney
One of Century 21’s leading regional agents, Troy Kearney, believes that geography is no limitation for success in real estate. He shares his top tips for operating in the bush. Mr Kearney opened his office, Century 21 Bathurst Region, two years ago and during that short period achieved prestigious Double Centurion status, placing him amongst the top one per cent…
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Thought Leaders Podcast
Episode 38: Guest Alex Ouwens on performance, growth, culture and Real Estate in South Australia.
Guest Interview: Samantha McLean talks to President of REISA and Co-Director of Ouwens Casserly Real Estate, Alex Ouwens, about SA’s change in government, the increase in auction activity and his suggested solution for Stamp Duty. They also discuss his agency’s recent expansion, how their culture and values drive performance, how they get their teams to meetings and how he keeps…
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FRANCHISE NEWS
Biggin & Scott Knox open fifth office in three years
Biggin & Scott Knox have added yet another office to their empire, Biggin & Scott Ferntree Gully. Owned by Directors Adam Flynn and Danelle Hunter, the Biggin & Scott Knox network has expanded from one office to five within the last three years. CEO Adam Flynn believes that the Ferntree Gully area will continue to be a popular drawcard with…
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FRANCHISE NEWS
The Bundaberg agent making million dollar deals with China
RE/MAX Precision prinicpal Scott Mackey told Elite Agent how he’s using his city’s China connection to boost the Bundaberg economy. Scott Mackey has been in real estate for 22 years and spent all of his career working in Bundaberg. He’s come to know the market like the back of his hand and says there’s more diversity that you may think.…
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FRANCHISE NEWS
Barry Plant Gladstone Park celebrates 20th year in business
The last 20 years have seen a lot of changes in Gladstone Park, but one firm fixture is the Barry Plant office, which celebrated two decades of selling homes and managing investment properties in February. Originally EJ Doherty, the office later became Barry Plant Gladstone Park as part of the merger of the two brands, and its agents have sold…
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INDUSTRY NEWS
First Home Buyer Share Reaches Five-Year High, HIA
The January 2018 housing finance figures show that the First Home Buyer share of owner-occupier mortgage volumes is the highest it’s been for five years. “During January, First Home Buyers accounted for 18 per cent of home mortgage loans to owner occupiers. This is the highest monthly share in over five years,” explained Shane Garrett HIA Senior Economist. “First Home…
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FRANCHISE NEWS
Century 21 to open new office in Hume City
Century 21 Wyndham City opened their new office in Tarneit, Victoria, at the beginning of January and in only two months since opening, the motivated team is already set to expand into a second office location. Directors Sanj Pahil, Dinu Sangroha and their team of expert real estate practitioners have been servicing clients in Tarneit, Truganina, Werribee, Wyndham Vale and…
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Ask the Coach
Ask the Coach: How to Close the Gap with Vendor Expectations
Q. How can I close the gap with vendor expectations? – Sarah Bourke, Di Jones 1. SET-TO-SELL MEETING Also known as the expectation meeting. This lays the foundation before the first open home and should be set up a few days prior to that date. The key areas to focus on in this meeting are benchmarks: How many contracts do you expect to…
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INDUSTRY NEWS
Property developer Goldfields appoints McGrath to market its first QLD project
McGrath Estate Agents, a division of McGrath Limited (ASX:MEA) has been appointed by Goldfields as the exclusive agent to market the sale of its latest project, Hayfield, in Brisbane’s western growth corridor. McGrath Projects General Manager Adam Sparkes said “We are delighted to be representing Goldfields as they launch their first Queensland project, Hayfield, in the Ripley Valley. Goldfields have…
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Real Estate News
New co-ownership platform launches to tackle housing affordability challenge
Kohab, a digital platform, community and marketplace for co-ownership, launched yesterday. The platform helps friends, family and like-minded buyers purchase a home together, connecting them with the right property, real estate agent, legal, mortgage and insurance providers all in the one place. Platform partners such as Sparke Helmore and National Australia Bank have been specifically selected by Kohab for their…
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FRANCHISE NEWS
Devine Real Estate expands across Sydney’s Inner West
Steven Devine and the entire Devine team are extremely proud and excited to announce a significant expansion of the Devine Real Estate brand. From March 2018, Devine is growing from three offices to five, with the opening of both Devine Marrickville and Devine Dulwich Hill. “These evolving areas continue to emerge as aspirational suburbs that have great synergies with our…
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Real Estate News
Realmark implements Livebid in a first for WA Auctions
Innovative firm Realmark is the first agency in Western Australia to adopt Livebid, a new cloud-based technology that will bring residential and commercial property auctions into the digital age. Developed in Australia, the ground-breaking technology allows agents to electronically record auction bids which are made instantly visible to buyers and sellers, who can track auctions simultaneously, in real-time, from any…
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