Search Results for: first home buyers
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TECH + SOCIAL
The robots are here, Is your business ready?
It only seems like yesterday that 3D tours, virtual reality and drone photography were the latest and greatest trends in real estate technology. Cutting edge no longer, these tools have been swiftly pushed aside for artificial intelligence including voice-activated real estate searches, Mandarin-speaking robots and a host of digital assistants. Predicting Values And wouldn’t you love to be able to…
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FRANCHISE NEWS
McGrath announces opening of new office in Nambucca Heads
McGrath Estate Agents today announced the opening of a new office in Nambucca Heads as it strengthens its presence on the Mid North Coast of New South Wales. McGrath Nambucca Heads will be led by Principal Martin Wells, this expansion will be the third office in the region and this will complement the Coffs Harbour and Sawtell offices Mr Wells…
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FRANCHISE NEWS
RE/MAX Revolution named RE/MAX New Zealand’s best for third quarter
A real estate business that joined the RE/MAX New Zealand group at the start of this year now ranks as the Top Enterprise for July to September 2018. Don Ha opened the RE/MAX Revolution ‘Supa Office’ in Hunter’s Corner, Papatoetoe on January 1st this year. “We have only been with RE/MAX New Zealand since 1 January 2018, and we are…
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FRANCHISE NEWS
Belle Property expands their Hunter Valley operation
Belle Property has expanded its residential footprint with the opening of Belle Property Cessnock. A strategic move by Principal Anthony Di Nardo, Belle Property Cessnock comes only months after Mr Di Nardo rebranded his two offices to Belle Property Charlestown and Belle Property Hunter Valley. “By establishing his third residential office in Cessnock, Anthony has nothing but reinforced his commitment…
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Sponsored Content
How to build customer loyalty with diversification
Diversification isn’t a new concept; almost every agency offers both a sales and property management service, after all. But tech tools can take this much further. You don’t have to use one to use another, but together these tools help you provide a great customer experience: from the first touchpoint, through to moving day and beyond. Meet sellers on social media…
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INDUSTRY NEWS
Metricon wins display home of the year
A French Chateaux-inspired Metricon show home has won multiple awards in the HIA-CSR NSW Housing and Kitchen and Bathroom Awards, held last Saturday night. The Signature by Metricon Bordeaux residence on display in Kellyville won Display Home of the Year and the Best Display Home over $500,001 in NSW. The show home was also awarded the Best Bathroom in a…
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Elite Agent
John McGrath reveals his top suburbs for 2019 in annual report
The 2019 McGrath Report has been released. In it, several trends to watch for 2019 are named, alongside John McGrath’s suburb picks. In his opening letter, Mr McGrath backed up his thoughts that the expected market corrections would not be as dire as predicted in media reports, saying that the current five – 10 per cent drop will likely be…
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Elite Agent
Big on data: Edward Smyth
Edward Smyth hasn’t been in real estate that long, and entering the industry wasn’t initially on the cards. “When I was younger I wanted to be a professional footballer; my dad used to be one,” he laughs. “I’ve played for my country [Northern Ireland], but then my dad said that I wasn’t good enough – so he sent me to university!”…
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Sponsored Content
How to win more listings, and sell them faster
A select group of 50 agencies across Australia and New Zealand have discovered a way to publish dozens of eye-catching, automatically created and highly targeted ads to Facebook, Instagram and the Google Display Network with a single click. It’s called Spoke, and it’s a game changer. Spoke gets your ads in front of more people by targeting highly active segments…
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FRANCHISE NEWS
McGrath expands Central Coast presence with a new office in Avoca Beach
McGrath Estate Agents have announced the opening of a new office in Avoca Beach on the booming Central Coast region of NSW. McGrath Founder and Executive Director John McGrath said, “The Central Coast continues to be an important real estate market and offers a diverse range of properties in all price brackets, and increasingly popular among Sydneysiders who are attracted by…
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FRANCHISE NEWS
Robert Ding brings bilingual auctions and new market coverage to The Agency
One of the only agents to run successful bilingual auctions in English and Mandarin, Robert Ding has been able to provide significant insights into Melbourne’s Chinese buyer and seller property markets. In his core areas of Boroondara and Whitehorse, Chinese nationals, recent Chinese migrants and well-established Chinese residents have been drawn to these leafy municipalities for the great schools, access…
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INDUSTRY NEWS
Banking Royal Commission releases interim report: What you need to know
The Royal Commission released their interim report last week from the investigation into Misconduct in the Banking, Superannuation and Financial Services Industry. The report has called into question how buyers are assessed for loans and is likely to mean serviceability will continue to tighten. The report also called ASIC into question for failing to police the banking sector and highlighted…
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INDUSTRY NEWS
October 2018: Interest rates on hold – industry reaction
Yesterday (2 October 2018) the RBA Board decided to leave the cash rate unchanged at 1.50 per cent for its 24th consecutive meeting. “Conditions in the Sydney and Melbourne housing markets have continued to ease and nationwide measures of rent inflation remain low,” says RBA Governor Dr Philip Lowe. “Growth in credit extended to owner-occupiers remains robust, but demand by investors…
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INDUSTRY NEWS
REINSW recognises outstanding achievements at 2018 Awards for Excellence
The Real Estate Institute of New South Wales has announced the winners of its 21st annual Awards for Excellence at a Gala Dinner at Sydney Town Hall. REINSW President Leanne Pilkington said the best, bravest and brightest work across the industry was recognised. “The 2018 REINSW Awards for Excellence highlighted the industry’s biggest successes and most outstanding achievements across ten…
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FRANCHISE NEWS
Kay & Burton celebrate 80 years in the industry with future set on AI technology
Leading Victorian real estate agency Kay & Burton is celebrating 80 years of innovation in the industry with a look to how the future is set to change when it comes to buying and selling property. New technology is launching faster than ever before and the last decade has seen the explosion of the internet and social media in property…
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INDUSTRY NEWS
New Zealand real estate agents rate highly with sellers: CoreLogic
CoreLogic has released the 2018 Perceptions of Real Estate Agents Report, from a nationwide survey of homeowners, with all regions represented. The findings show that agents are rated as excellent practitioners of their craft in New Zealand, with high scores in presentation of properties, marketing materials and sales patter, and the majority (64 per cent) of vendors reporting as receiving…
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FRANCHISE NEWS
Coronis bolsters Springwood team with in-demand agent
Coronis Springwood’s sales team has been bolstered by the addition of sought-after local agent Rowena Gill. Coronis Area Leader Anthony Hunt said he was delighted Rowena had joined the team and she was a welcome addition. “Rowena is one of the most respected and popular agents in Kingston and Logan, having spent most of her life living in the area…
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OPINION
Why your buyers are being slugged with higher rates: Nick Bendel
Interest rates are rising. In the past few weeks, ANZ, Commonwealth Bank and Westpac have hiked their rates. So have ING, Suncorp Bank and Adelaide Bank. Your buyers might find this hard to accept, given that the last time the Reserve Bank increased the official cash rate was in November 2018 – almost eight years ago. If your buyers ask…
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FRANCHISE NEWS
LJ Hooker celebrates 90 years with ‘brand variations’
Pioneering real estate group LJ Hooker is celebrating 90 years since its first agency opened on the sandy shores of Maroubra, Sydney – the start of a national and international influence in property. In 1928, then aged 24, Leslie Joseph Hooker had grand plans to develop the largest real estate business in Australia; ready to pioneer innovations in technology, marketing, construction and…
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FRANCHISE NEWS
RE/MAX rewards top performing regions at Asia Pacific Convention
RE/MAX has acknowledged its top regional performances at the fourth annual RE/MAX Asia Pacific Convention this month, with Australia and New Zealand claiming four awards. Australia and New Zealand join 16 other regions in RE/MAX’s Asia Pacific network – South Korea, Thailand, Indonesia, Singapore, Philippines, Guam, Hong Kong, Macau, China, Japan, Taiwan, India, Sri Lanka, Mongolia, Malaysia and Myanmar. RE/MAX Australia…
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INDUSTRY NEWS
Chinese buyers invested $23.9 billion in Australian real estate in 2017
Juwai.com’s 2018 Chinese Global Property Investment Report has revealed that Chinese buyers purchased $23.9 billion of Australian real estate in 2017. That consisted of $19.4 billion in residential and $4.5 billion in commercial acquisitions, and made Australia and New Zealand the biggest market for Chinese investment. That figure is a drop of 26.8 per cent from the estimated spending in…
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FRANCHISE NEWS
Ray White Frenchs Forest reopens with Megan MacKay at the helm
Local agent Megan MacKay, together with her husband Trevor Cain, has just re-opened Ray White’s office in Frenchs Forest in the heart of the Northern Beaches. The new office, at 49 Frenchs Forest Rd, was minutes away from the soon-to-open Northern Beaches Hospital and Frenchs Forest’s future community hub. For Ms MacKay, having started her real estate career with Ray…
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INDUSTRY NEWS
September 2018: Interest rates on hold, Industry reaction
Yesterday (4 September 2018) the RBA Board decided to leave the cash rate unchanged at 1.50 per cent for its 23rd consecutive meeting. “Conditions in the Sydney and Melbourne housing markets have continued to ease and nationwide measures of rent inflation remain low,” says RBA Governor Dr Philip Lowe. “Housing credit growth has declined to an annual rate of 5½ per cent. This…
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Real Estate News
Jason Boon triumphs with triple trophies at R&W 160th birthday awards night
Jason Boon walked away from the Richardson & Wrench 160th birthday awards on Saturday night with three of the most coveted trophies. Boon, a director of R&W Elizabeth Bay Potts Point took home the award for Most Outstanding Selling Principal for both transactions and income earned, plus the Ronald H Pillinger Award. He also had his hand on the R&W…
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EPM: Productivity
Rik Rushton: Make Your Move
IT’S THE END OF MOVING DAY AND THEY’RE EXHAUSTED. Their backs are aching, their stomach rumbles with hunger and the only thing pounding harder than their sore feet is their throbbing heads. What they wouldn’t give for a hot shower, a glass of wine and an early night in with a movie. What if you, as your clients’ trusted real…
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INDUSTRY NEWS
New Zealand bans sale of property to foreign buyers
In a bid to fix a growing affordability issue, the New Zealand government has passed the Overseas Investment Amendment Bill. The bill will stop the majority of non-resident foreign buyers from purchasing existing property in New Zealand. It passed on Wednesday night by 63 votes to 57. The plan was announced in October to end the purchase of existing houses…
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FRANCHISE NEWS
Raine & Horne ramp up Gold Coast expansion with new Coomera office
Raine & Horne have opened a new office in Coomera on Queensland’s Gold Coast this week, to be run by two well-known local property professionals. Real estate aces Jacqui Walker and Jason Read will lead Raine & Horne Coomera, which is located at 19C 31 Dreamworld Parkway, Coomera. Ms Walker has an extensive history as a real estate principal and property…
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Real Estate News
Top takeaways from Day 1 at Connect 2018
Here are my top takeaways from a lineup of prestigious politicians, industry insiders and business experts who took to the stage for Connect Day 1. Former PM John Howard – The Global Economic Future As Australia’s second longest serving Prime Minister, John Howard OM AC led the country over four terms and 13 years. His achievements in the top job…
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Real Estate News
First-home buyers come out on top in June, according to new ABS data
First-home buyers are currently dominating owner-occupier housing loans, with the number rising again in June 2018 to the highest rate since October 2012. The ABS housing finance figures for June 2018 show that FHBs now account for 18.1 per cent of owner-occupier home loans. The number of FHB owner-occupier loans has now increased by 11.4 per cent over the last…
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FRANCHISE NEWS
RE/MAX New Zealand celebrates performance and great leadership
RE/MAX New Zealand awarded its top performers for the first half of 2018 to complete its August Rally program, held at the Novotel Ellerslie, Auckland, where the network came together for a full-day event designed to bring a focus on leadership to RE/MAX members. Winners in the number of transaction stakes for January to June 2018 were RE/MAX Go For…
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CASE STUDIES
Should anyone working in off the plan property be optimistic?
I’ve worked in the off the plan property industry for almost 15 years now, so have seen the industry shift gears more than a few times. But recently we have been confronted with an unprecedented storm of activity causing uncertainty, from scathing media headlines to banking Royal Commissions to cash-grabbing state governments. So I did what any CEO of a…
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EPM
Madeleine Smith: Just Do You
Madeleine, tell us a bit about yourself and your role at LJ Hooker Gosford. I moved to the Central Coast in 2012 and was excited to stay with the LJ Hooker brand and take a job in 2013 as a property manager. I looked after a portfolio of 300-odd properties for a few years before taking a leap into the…
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INDUSTRY NEWS
First Australian property developer partners with digital co-ownership platform
Australian apartment builder Dyldam has partnered with Kohab to enable more buyers to get into the property market. Kohab is a digital platform and marketplace for co-ownership. The platform aims to enable more Australians to buy their own property through co-ownership and has partnered with Dyldam to provide maximum affordability for investors and first-time homebuyers. Kohab’s platform differs from fractional property…
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EPM: Technology & Social
A game of drones: Sharon Fox-Slater
It wasn’t long ago that drones were developed only for military purposes. Today, remotely piloted aircraft systems (RPAS), or unmanned aerial vehicles (UAVs), are mainstream and flocks can be seen flying over local parks and beaches every weekend.But it’s not only enthusiastic families taking to the skies; real estate agents have been quick to adopt the technology. When the first commercial drones came on the scene, early…
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INDUSTRY NEWS
2018 REINSW Awards for Excellence finalists announced
The Real Estate Institute of New South Wales has announced the finalists for its 21st annual Awards for Excellence. REINSW President Leanne Pilkington said it was exciting to see the breadth of talent showcased as finalists for the 2018 awards. “Our awards continue to go from strength to strength, with the best, bravest and brightest that work across the industry…
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