Search Results for: first home buyers
-
FRANCHISE NEWS
New Ray White office opens in Marsden
With deep connections in the local community, Avi Khan is excited to be moving into business ownership and opening a Ray White office to service the Marsden community. His business has a new location with a new team of experienced agents and an invigorated approach in Marsden. “I am very active in this community and I am so excited to…
Read More » -
EPM: News
Weakening investor activity impacts Sydney, but national median price in most captials: Domain
The median house price in most capital cities rose over the December quarter, although different cities continue to record varied rates of growth — according to the December Quarter Domain House Price Report. Weakening investor activity and tightened lending conditions continue to impact Sydney, and although it reported a slight increase over the December quarter, prices in the NSW capital…
Read More » -
INDUSTRY NEWS
Striking the balance between technology and the personal touch
Technology might be offering a host of potential for the real estate industry, but a new report has found the key to using it successfully is striking the right balance between personalisation and automation. US-based online real estate service Move Inc and their subsidiary software arm Realsuite recently released their report “Shift Happens: How to capture, communicate and close in…
Read More » -
LEADERSHIP
Big data on track to drive big business in 2018: Lisa Claes
It’s in a fast-changing environment that data really gets the opportunity to shine, says CoreLogic CEO Lisa Claes, with the insights it generates having the potential to deliver true customer value. 2017 was a year of curveballs, contrasts and contradictions. The housing market has continued to deliver for sellers, with capital gains reaching their peak earlier in the first six…
Read More » -
LEADERSHIP
Real Estate Survivor: The Property Tribe Pyramid
Real estate has always been tribal with the distinctive divides of the numerous exclusive pockets across Sydney. It’s the tribes which exist within each of these areas which unites buyers in a cross-tribal meeting-of-the-minds! With 2018 upon us we are now well acquainted with the ‘changing market’, the boom years of 2015 – early 2017 are yesterday’s hero and some…
Read More » -
Real Estate News
Your say: Real Estate and Politics – Should they mix?
It was reported in the SMH last week that “real estate agents are pushing PM Malcolm Turnbull to introduce a new ‘property services minister’ to bring the nations multi-billion dollar housing and development industry closer to the heart of government.” The proposal was floated by the REIA, believe that there should be someone in the house of Reps or at…
Read More » -
Real Estate News
Off to a smart start: realestate.com.au announces artificial intelligence for Amazon Alexa
A decade ago we held the first touchscreen mobile phones tentatively in our hands and now artificial intelligence allows us to talk to computers and for them to answer us. REA Group has launched Australia’s first property news report for Amazon Alexa and Kylie Dulhunty spoke to chief inventor Nigel Dalton about just how AI can, and could, help real…
Read More » -
Real Estate News
Housing affordability improves for buyers and tenants in WA
A new housing affordability report has found Western Australia is the most affordable state in the country for tenants and home buyers. Only the Northern Territory and the Australian Capital Territory are more affordable. The Real Estate Institute of Australia supported by Adelaide Bank released their latest Housing Affordability Report yesterday, with the findings revealing affordability in WA’s housing and…
Read More » -
INDUSTRY NEWS
First home buyers benefitting from stable market: REIA
Housing finance figures released by the Australian Bureau of Statistics (ABS) show that first home buyers continue to steadily increase their presence in the housing market, according to the Real Estate Institute of Australia (REIA). “The proportion of first home buyers, as part of the total owner-occupied housing finance commitments, increased to 18.0 per cent in November 2017, the highest…
Read More » -
INDUSTRY NEWS
Home buyers to be better protected by Australian-first defect bond scheme
Home buyers will be better protected thanks to an Australian first defect bond scheme, Minister for Better Regulation Matt Kean said. The Strata Building Bond and Inspections Scheme (the Scheme), the first of its kind in Australia, provides a structured process to rectify defects early in the building lifecycle. Mr Kean said the new Scheme follows extensive industry consultation, and…
Read More » -
TECH + SOCIAL
The Rise of Facebook Advertising In Real Estate: Chris Rolls
While the industry is addicted to the reliable stream of buyer leads these real estate portals send them, the downside is that it costs more to market a property online in Australia than many other places around the world. This cost is borne in most cases by the seller of a property, but many agents also claim that the high…
Read More » -
Real Estate News
New home approvals hit a 15 month high based on strong growth in Victoria
Today’s Australian Bureau of Statistics data shows the total value of Victorian building approvals increased by 28.5 per cent to $4.6 billion in November 2017, and is up 67.2 per cent over the year, the highest level since August 2016. Victoria, Tasmania and WA are the three states showing the largest increases, with Victoria by far showing the strongest growth…
Read More » -
EPM
EPM: Inspired Goals 2018
BROCK FISHER National Manager, Operational Excellence, Little Real Estate My top goal in 2018 will be continuing to create the world’s best culture. For us, this is more important than anything. We’ve got some ambitious plans that we want to achieve, doing things that have never been done before, so we know we need a super-engaged, agile and customer-centric team…
Read More » -
OPINION
Don’t let the mainstream media put you off your game
You wouldn’t know it from some mainstream media reporting, but housing affordability is actually getting better, not worse. That doesn’t mean it’s suddenly become easy for first home buyers to enter the market or for buyers of any kind to service a mortgage. All it means is that it’s now less hard. The latest quarterly Adelaide Bank/REIA Housing Affordability Report…
Read More » -
INDUSTRY NEWS
Stamp duty boosts surplus for NSW Government
The massive surplus of $3.3 billion for the 2017-18 financial year announced today by NSW Treasurer Dominic Perrottet in his half yearly budget update is good news for the health of our State’s economy, yet this government’s reliance on property taxes to boost the budget bottom line is something that must change. “Treasurer Perrottet has announced a massive surplus and…
Read More » -
SELLING + MARKETING PROPERTY
How to increase your number of listings over the Christmas period: Adam Flynn
By the time December rolls around, many real estate agents have usually started taking their eye off the ball, often assuming that buyers and sellers are more interested in their holidays than they are in their property portfolios. However, the market doesn’t simply shut down just because it’s Christmas, and agents are losing out on a lot of potential listings.…
Read More » -
INDUSTRY NEWS
Beachfront markets lead growth surge: REIQ
Southeast Queensland’s world-class beaches are driving median price growth for our coastal housing markets, with Noosa reining supreme with 9.6 per cent annual growth, followed by Gold Coast with 7.3 per cent annual growth and Sunshine Coast LGA with 6.8 per cent annual growth to median house prices. REIQ CEO Antonia Mercorella said the growth surge was helped along by…
Read More » -
Real Estate News
Housing loan affordability improves, first homebuyers flood market: REIA
The September quarter edition of the Adelaide Bank/REIA Housing Affordability Report shows that the proportion of median family income required to meet average loan repayments decreased by 1.2 percentage points to 30.3 per cent. REIA President Malcolm Gunning said first home buyers now make up 24.5 per cent of the total owner-occupied housing market (excluding refinancing). “This is the highest…
Read More » -
Thought Leaders Podcast
Episode 28: The real estate edition of the Census, Altman Brothers, connecting agents with voice recognition tech, resilience and more
Weekly wrap: Samantha McLean and Mark Edwards recap the week that was. ‘Elevate’ is the official podcast of Elite Agent Magazine for real estate industry sales professionals, property managers, and leaders. Each episode, we will bring you behind the scenes coaching, news analysis, exclusive interviews, technology, and more to help you list more, sell more, and elevate your results. To…
Read More » -
Elite Agent
Is selling houses online the way of the future?
You’ve heard of selling your pre-loved furniture or clothes on eBay, but would you sell a house through an online bidding process? Recently, our Stockdale & Leggo Ringwood office utilised online offer management system Click & Bid, to sell a home located at 3/7 Fortuna Avenue, Croydon, by private treaty, achieving a result well in excess of the vendors expectations.…
Read More » -
FRANCHISE NEWS
Coronis Targets Booming Coastal Markets With Two New Offices
Taking the independently owned network to a total of 24 offices across South East Queensland, Sales Director Craig Gillies said the additions were part of the Group’s strategic growth strategy of building 40 offices within the next two years. “Our new Gold Coast office is a joint venture with the Podium Property Group and was a strategic choice for the…
Read More » -
Real Estate News
First time buyers entering the market but face long battle to save deposit
These are the findings of a national report released today by Bankwest, who note 94,135 properties were bought by first home buyers in the year to August 2017. The figure reflects an increase of 5.6% year-on-year since 2015, and accounts for 14.3% of all purchases recorded from January to August. Noting these were encouraging signs in an otherwise cooling market,…
Read More » -
INDUSTRY NEWS
Refinance time slashed in WA with new technology
The WA banking industry deadline for a new paperless refinancing era starts from 1 December 2017. It’s the compliance date marking when refinance transactions move online. Home owners looking to refinance, for example, in the event that interest rates rise, will now benefit from faster refinance times. The transactions are completed through Property Exchange Australia’s (PEXA’s) digital platform. Mike Cameron,…
Read More » -
OPINION
The Sydneysider’s guide to renting; based on RAI findings
Property commentator and valuer Anna Porter looks at the Rental Affordability Index (RAI), released on November 29, and what it really means for Sydney’s renters and prospective house buyers. BAD NEWS, LET’S GET IT OUT OF THE WAY “Firstly, the most curious part of this data is that the only ‘affordable’ location within Sydney catchment shown on the Rental Affordability…
Read More » -
Brand Editorial
Tom Ferry on the Innovative, Motivated Agent of the Future
TRANSCRIPT Claudio Encina: So, Tom, tell me, you were one of the forefronts in technology. I remember going through all your summits. You were always one of the ones who was predicting the trends and they came true. I remember even that little flip video that you said, “I went to Australia, and I couldn’t find it anywhere. I had…
Read More » -
FRANCHISE NEWS
First home buyers lead charge as Darwin market bottoms
“In October there was a massive increase in buyers at open homes, and this trend has continued this month, with group numbers more than double those of November 2017, said Glenn Grantham, General Manager, Raine & Horne Darwin. Almost 50% of attendees at open homes are first time buyers, with upgraders and investors making up the balance, said Mr Grantham.…
Read More » -
Elite Agent
Service wins the accolades for Woodards Blackburn
Woodards Blackburn in Victoria recently took home two awards at the recent REIV awards, for Sales Agency of the Year and in Project Marketing. Woodards Blackburn Director and Sales manager Julian Badenach has been with the brand for 18 years, almost all his working life as an agent. Together with Director Cameron Way, they have grown the team to 12…
Read More » -
OPINION
Douglas Driscoll’s property market forecast for Sydney in 2018
Douglas has forecasted the following 10 property market trends for 2018: 1. House prices to grow. We saw prices drop slightly at the end of 2015, and we’re seeing this again at the end of 2017 – possible evidence that prices could rebound once more. Overall, I think we’ll see the median house price grow by around three…
Read More » -
TECH + SOCIAL
The New Web: Anton Babkov
UNDER THE LEADERSHIP OF ANTON BABKOV Siteloft provide website infrastructure for over 500 agencies around Australia. And their research has found that more people visit your site to find out about you, than to find out about your listings. On paper, it makes sense: turn your website into a mini portal and promote current listings to generate more enquiries. But…
Read More » -
Real Estate News
REA Group names best in the industry at 2nd Annual REA Excellence Awards
Twenty-two winners from across the country were honoured at the second Annual REA Excellence Awards (AREAs) in Melbourne last night, recognising the property and media industry’s best innovators, marketers and community champions. The awards were presented across the categories of Innovation, Service & Marketing Excellence, and Community. This year saw the introduction of the Gold AREA Agency of the Year award…
Read More » -
Agents need to sharpen communication with vendors in a slow market: Andrew Cocks
As the auction market softens and the gap between vendor and buyer price expectations widens, agents would do well to begin honing their communication skills. Despite some properties continuing to attract bullish prices the 65 per cent Sydney auction clearance rate, which is artificially high through manipulation of listings, and 32 per cent in Brisbane recorded on the weekend, suggests…
Read More » -
FEATURE INTERVIEWS
James Baker and Adrian Venturi of McGrath Avalon on leadership and resilience
After studying architecture and structural engineering in Manchester, James practiced or a year before spending 15 years in recruitment, which included running the Asia Pacific rim for a business with a $50 million turnover. Real estate combined his passion of structure, architecture, sales and people, and he started his real estate experience during the GFC selling prestige property in Palm…
Read More » -
Thought Leaders Podcast
Episode 19: Rental searches, How to get property editorial, Better customer experiences, Productivity apps, Rethinking video + Sharks and more
Weekly wrap: Samantha McLean and Mark Edwards recap the week that was ‘Elevate’ is the official podcast of Elite Agent Magazine for real estate industry sales professionals, property managers, and leaders. Each episode, we will bring you behind the scenes coaching, news analysis, exclusive interviews, technology, and more to help you list more, sell more, and elevate your results. This…
Read More » -
OPINION
First timers homing in to opportunity: Andrew Cocks
There’s been a predictably mixed response to the release of CoreLogic figures showing another month of declines in Sydney house prices. From some there have been howls that the sky is falling, the boom turned to bust, and the imminent collapse of lives and livelihoods. But there is one group for whom the slow-down we had to have has given…
Read More » -
SELLING + MARKETING PROPERTY
4 Content Hacks for Property Professionals: Kylie Davis
Content marketing is the new black in real estate and finance. Rather than interrupting thousands of people to boast about how great we are at selling and negotiating, content marketing provides useful information to a carefully targeted audience at the time that is right for them. While the old style focused on transactions, content marketing focuses on creating relationships. The…
Read More »