Search Results for: first home buyers
-
Elite Agent
Capital city values rise as cycle clicks over 4.5 years of growth, CoreLogic November Index
The CoreLogic November Home Value Index results released last week released showed a rise in dwelling values across most capital cities, however, CoreLogic Head of Research Tim Lawless has noted that it is the ‘softest capital city result since December 2015’. Throughout November, capital city dwelling values rose by 0.2%. While the headline results remained in positive growth territory, the…
Read More » -
Elite Agent
1 in 4 mortgage holders ‘extremely concerned’ about rate rise, new research finds
On the back of yesterday’s OECD recommendation that the Australian Reserve Bank increase interest rates next year, new research from Australian Credit Bureau, Experian, has revealed that a quarter of Australian mortgage holders are extremely concerned about the impact a potential 1.5% interest rate increase would have on their ability to service their loan. The RFi study of over 1,500…
Read More » -
INDUSTRY NEWS
REIA welcomes Government decision on change to FIRB rules
Following industry representation the Government has announced changes under the foreign investment framework to allow foreign buyers to purchase an off-the-plan dwelling when another foreign buyer has failed to reach settlement on it. Previously, the on-sale of an off-the-plan apartment was regarded as a second-hand sale, which was not open to foreign buyers who are only able to buy new…
Read More » -
Real Estate News
Sydney real estate boom drives R&W Hunter expansion
The surge of Sydney buyers forced out of Sydney in the hunt for value and affordability is changing the face of real estate in regional NSW. Richardson & Wrench today (November 25) adds a second Hunter Valley independent to its network, with the signing of Thomas Real Estate, a third generation family real estate business in the growth region of…
Read More » -
Real Estate News
Domain Opens the Doors to it’s New Home in Sydney
The new home of Domain, located in a historic former woolshed at 100 Harris Street, has been fully converted into a stunning workspace for the growing team of more than 360 in Sydney. The new space has been designed with its team at the forefront, creating a space that is set to encourage and inspire the team culture at Domain.…
Read More » -
Real Estate News
realestate.com.au partners with Tendril to provide Energy Scores for Australian properties
realestate.com.au last Friday launched Energy Scores, which will give properties in Australia their own energy efficiency rating. The tool will give property seekers an indication of how energy efficient their next home could be. And for homeowners, it allows them to better understand energy usage, associated costs and where they could potentially reduce their energy expenditure. To create Energy Scores,…
Read More » -
Real Estate News
Meriton preparing a pre-xmas triple treat
Australia’s apartments pacesetter, Harry Triguboff, is paying no attention to talk of a Sydney market slowdown by unveiling his Meriton group’s plans to release three new projects, collectively worth more than $1 billion, before Christmas. The projects are in Dee Why, Rosebery and Mascot and they are coming on to the market on the heels of Mr Triguboff launching the biggest…
Read More » -
Real Estate News
Ray White welcomes new franchisee in Bowral, NSW
One of the Southern Highland’s most dynamic sales agents has joined forces with one of Australia’s biggest real estate brands, opening Ray White Bowral. Gene Fairbanks and his wife, Jemima unveiled their Ray White business on 4 October. “We’re a family business so joining a family-led brand was a natural fit for us. Through Ray White, we’ll be able to…
Read More » -
INDUSTRY NEWS
Whose Depreciation Claim Is Top Of The Block?
Which apartment on Channel 9’s 2016 season of The Block is going to be the most appealing to potential investors? EPM regular, Bradley Beer from BMT Tax Depreciation and his team have run the numbers and share their analysis. Here are the key points: It looks like investors could claim an average of over $2.2 million in depreciation deductions for…
Read More » -
Elite Agent
Are Buyers Harder to Please than Sellers?
Core Logic RP Data have just released their Buyers Perceptions of Real Estate Agents 2016 report and it provides some interesting reading. A companion to the 2015 Vendor Perceptions of Real Estate Agents, the report delivers key insights into how buyers rate agents in terms of quality of service and value. Here, Kylie Davis gives an overview of key findings from…
Read More » -
Elite Agent
Four Ways to Attract the New iAgent
With many real estate principals in their mid-fifties, it stands to reason that when hiring new agents they go for older, more experienced candidates. Glenn Curran shares another statistic that may encourage business owners think differently – the ‘iAgent.’ By 2020, half of the global workforce will have been born after 1980, according to PwC. Integrating this younger generation – known…
Read More » -
Elite Agent
Technology Toolkit: Kaitlyn Hoppe
Kaitlyn Hoppe has a drive to succeed and passion for property that are in her DNA. With both parents in real estate, she started showing an interest in the field at a young age and still has high ambitions. From the Ray White Bulimba office on the Gold Coast, Kaitlyn’s creative and innovative approach to selling property, along with top…
Read More » -
Elite Agent
Focus on real-time, transparent social engagement: Jason Ballo
“Go live or go home” could be the online mantra for Jason Ballo from Raine & Horne Surry Hills. Having embraced the real-time and very transparent world of Facebook Live, Jason is focussed on providing an authentic way for customers to see what his team does and how they do it. 1. What is the key way your brand differentiates…
Read More » -
Real Estate News
First Home Owner’s Grant fails to help regional QLD, says REIQ
The Queensland Government’s First Home Owner grant, which was recently boosted from $15,000 to $20,000, has provided limited support where it is needed most – regional Queensland’s established housing market. REIQ CEO Antonia Mercorella said while the grant was welcome as a tool to help first-home buyers get into the market, it did not deliver help where it was needed…
Read More » -
Elite Agent TV
CoreLogic: Housing Market Update, October 2016
Watch CoreLogic’s Housing Market Update for October. The housing and economic data is derived from the CoreLogic Hedonic Home Value Index for the month of September, released October 2016. Presented by Tim Lawless, Research Director at CoreLogic. Here are some of the September Highlights, plus the October Outlook, according to Tim Lawless, Head Researcher Values in September – the headlines…
Read More » -
Real Estate News
Home in NZ to go under the Hammer for $1 in online auction
A four-bedroom home in Bethlehem, Tauranga NZ, is about to go to online auction with a reserve of $1. The property’s agent, Rodney Fong, explained that the rock-bottom reserve price was intended to increase exposure for the property. The strategy has worked so far, with coverage of the sale in the NZ Herald and Stuff.co.nz. And, everything else going to…
Read More » -
Real Estate News
2016 REINSW Awards for Excellence winners celebrated
Real estate’s top performers have been celebrated at the 2016 Real Estate Institute of New South Wales Awards for Excellence Gala Dinner. REINSW President John Cunningham said 21 awards were presented across all facets of the industry including innovation, community service, residential and commercial professionals, as well as rising stars and auctioneers. “Our prestigious awards have been taken out by…
Read More » -
INDUSTRY NEWS
REIQ offers expertise on Queensland real estate market
The REIQ will be opening its doors and welcoming property buyers and investors to its free Experts Guide to Buying Property seminar at REIQ HQ, Coorparoo, October 22, 2016. The seminar, now in its third year, offers detailed, helpful information for anyone looking to buy or invest in the Queensland property market. Presenters will talk on a range of property…
Read More » -
Real Estate News
Raine & Horne back in Glenelg with experienced real estate team
After a short interlude, Raine & Horne is open again in Glenelg, one of South Australia’s strongest real estate markets. Raine & Horne Glenelg will be led by highly experienced property professionals Graeme Sherwell and Christine Pinkus. “Graeme and Christine, who have had many years of real estate experience, are the prefect recruits to our network. They will enable us…
Read More » -
Real Estate News
Surplus signals time for new property incentives, says REINSW
For the first time on record New South Wales is cash positive, therefore it is time to give back to the property market in the form of new first homebuyer incentives, according to the Real Estate Institute of NSW. REINSW President John Cunningham said New Total State Sector Accounts figures show the final surplus for the 2015-16 financial year was…
Read More » -
Elite Agent
Connected Agent: What Does It Mean?
In his last article, Eddie Cetin explained how to mine the gold in your database through targeted email marketing. In this article he reveals how you can rapidly grow a healthy database with little effort while positioning yourself to win more listings. I’m hearing stories around Australia about how markets are tightening, and it is certainly becoming more challenging to…
Read More » -
Real Estate News
Cohen Handler launches Cohen Handler Prestige
Cohen Handler, one of Australia’s largest buyers’ agencies, is providing a new service to high-end buyers with the launch of Cohen Handler Prestige. While house price growth across major Australian cities are expected to slow in the latter half of 2016 and early 2017, the prestige market at $3 million and above, has remained strong. Cohen Handler co-founder and Managing…
Read More » -
Real Estate News
Property Council calls for tax reductions on transacting property in NSW
NSW Treasurer Gladys Berejiklian’s announcement today that NSW is ‘back in the black’ having wiped out state debt for the first time in 20 years with a $4.7 billion surplus in the bank, and the Property Council of Australia are saying there has never been a better time to reduce the tax burden on people developing, selling and buying property…
Read More » -
Real Estate News
Home Addressed announces 30 Day Home Co-ownership Challenge
The 30 Day Home Co-ownership Challenge, by Home Addressed, is designed to inform and teach first home buyers to take a creative approach to home ownership and to shrug off the ‘generation rent’ tag. Buyers wanting to participate will need to find a suitable co-buddy with whom to team up and buy a property. The co-partners have 30 days to meet on the…
Read More » -
Real Estate News
Chinese investors shop online for property with estarhome.com
Chinese organisation, the Fosun Group, has designed an online shopping-style platform that allows middle-class Chinese investors who are seeking a safe haven, outside of China, to purchase an overseas property. The site, Estarhome.com is an online-to-offline service that provides a way for Chinese investors to find Australian properties as investments. Chinese buyers are investing mostly in new apartments and according…
Read More » -
Real Estate News
Domain brings real time chat to the world of property
Potential buyers and renters will now be able to chat directly with real estate agents with the launch of Domain Chat, a new app feature released by Domain that speeds up the search and is supposed to help consumers secure their dream home faster. Chat has been one of the fastest-growing online behaviours on the internet, nearly doubling users over the…
Read More » -
Elite Agent
Real Estate’s Rising Stars Fly High on Tech
Technology is undoubtedly the future of real estate. Domain Rising Star Award recipients for Victoria and New South Wales – Stasi Adgemis of hockingstuart Doncaster and Shane Sullivan of LJ Hooker Drummoyne – are relative youngsters in the real estate game, yet they’ve set themselves apart with their unique use of technology and a wise beyond years attitude towards ROI…
Read More » -
Real Estate News
Idalia: Buyers Flock to Woden’s Newest Address
For the past six weeks apartments in Hindmarsh’s new Idalia development have sold at the rate of around three every week with a cross section of buyers – led by young professionals – vying to be a part of Woden’s transformation. Idalia is now over 70% sold, an impressive result that demonstrates not only the sophistication and quality of the…
Read More » -
Elite Agent
ASK THE COACH – Claudio Encina
Real estate coach, keynote speaker and mentor Claudio Encina returns to answer your questions – this time in the areas of energy, balance and focus. Q. Sometimes I feel like real estate just takes and takes from me. How can I avoid burnout? – Patrick Cosgrove, Raine & Horne Bondi Beach First, set some boundaries around work and life balance.…
Read More » -
Elite Agent
Renovation Rules: Top 7 Tips and Trends For 2016
THE AVERAGE AUSTRALIAN HAS been given a whole new level of confidence when it comes to renovating. Shows such as The Block, Renovation Rumble, House Rules and Selling Houses Australia have changed the way we look at the idea of renewing our homes and simplified the process so that anyone can do it. Sydney buyer’s agent Amanda Gould shares her…
Read More » -
INDUSTRY NEWS
CoreLogic: September 2016 Market Outlook
If you’re eager to find out what the various property markets around the country were up to during August, and you want to have a sneak peek at what might be ahead, read on for CoreLogic’s monthly Market Outlook. Average capital city home values are up Over the month of August 2016, combined capital city home values increased by 1.1%…
Read More » -
Elite Agent
Millennial Buyers: What Are They Looking For?
IN A FEW YEARS’ TIME, millennials will make up over 40 per cent of buyers in Australia. And with an insatiable thirst for the sensational in all aspects of life, they are no different when it comes to the properties they hope to buy – and their method of buying. Chloe Taylor uncovers what millennial buyers expect in a home,…
Read More » -
Elite Agent
Regional Australia seeing good growth for the first time in years, CoreLogic
According to CoreLogic’s June regional report, Australia’s regional areas have now come into the spotlight as value growth increases and capital city markets become less affordable. Released this week, the CoreLogic Regional Market Report provides analysis on the performance of Australia’s largest council areas for: NSW: Newcastle & Lake Macquarie, Illawarra, Richmond-Tweed; VIC: Geelong, Latrobe-Gippsland; QLD: Gold Coast, Sunshine Coast, Townsville…
Read More » -
Real Estate News
Ray White Double Bay launch into spring with 85% clearance rate
Showing no signs of a market slowdown, Ray White Double Bay’s first spring auction event on Monday 29 August was attended by over 150 potential buyers and vendors. The atmosphere in the room was electric with one buyer jumping the bids by $500,000. “The lack of stock and our high level of quality marketing helped us achieve some unbelievable prices.…
Read More » -
Elite Agent
Look After the Listings You Lose
EVERYONE KNOWS THAT their existing customers should be regularly followed up after the successful sale to build an ongoing relationship. Ian Grace demonstrates how to take this further and follow up on the listings you never had. How often does follow-up happen, for example with a car salesperson? Not very often, most would say. But sadly, it’s the same with…
Read More »