Search Results for: melbourne
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FEATURE INTERVIEWS
What we can learn from real estate businesses overseas: Dan White
RAY WHITE is a household name in Australia and New Zealand, with a growing network in Indonesia, India, Malaysia, Papua New Guinea, China, the Middle East and Atlanta, USA. Group Director Dan White spoke to Elite Agent about the similarities and differences in the industry across countries and some of the things can we learn from our international counterparts. RAY…
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FRANCHISE NEWS
Glenn and Kylie Hardman open Ray White Geelong
Glenn and Kylie Hardman are excited to announce the opening of their new Ray White office in Geelong, south-west of Melbourne. Geelong offers such quality living for both homeowners and investors, with its wide-ranging recreational choices, strong medical and education hub and a growing economy only 45 minutes from Melbourne. “Geelong is such a great city with great future potential.…
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INDUSTRY NEWS
Top performing public schools leading price growth in Victoria, REIV
Homes located within the catchment for some of Melbourne’s best public schools are achieving six-figure premiums, compared to neighbouring properties which fall just outside the zone. The latest REIV data shows the median house price in highly sought after public school catchments is up to $400,000 more expensive than homes within a one kilometer radius of the zone. In the…
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Real Estate News
hockingstuart relaunches Red Magazine
Victorian group hockingstuart have re-vamped their in-house Red Mag in a new A3, glossy format, providing the latest market news, lifestyle and design tips and showcasing more listings better than previously. hockingstuart engaged publishing house Indesign – the company behind popular monthly design titles Indesign and Habitus – to bring the new-format magazine to life. The weekly magazine will be filled…
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Elite Agent
Josh and Matt Altman: Billion-dollar brothers
Mention the names Josh and Matt Altman, and a room full of real estate agents is sure to tune in eagerly. The Beverly Hills and Los Angeles luxury real estate agents are the stars of reality television show Million Dollar Listing Los Angeles. With the brothers set to tour Australia’s east coast in March, Nikki Horner discovered that behind the…
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Thought Leaders Podcast
Episode 34: Elevate Weekly Wrap – Hits and misses, Kickstarts, the NPP, Instagram, Guarding against Airbnb, Stock management 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…
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Elite Agent
‘Not a buyers market just yet’: More auctions but a mixed outlook for Super Saturday
As “Super Saturday” warms up for 2018, one leading auctioneer is tipping that the previously hot Sydney sellers’ market is actually cooling in favour of buyers. Leading auctioneer, Damien Cooley of Cooley Auctions, says with his team set to put 108 homes under the hammer this Saturday, the significant weekend will set the tone for the year in real estate.…
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Elite Agent
RERN Celebrates their top members
The top-performing independent real estate agents belonging to the Real Estate Results Network were celebrated and recognised at the 12th annual Australasian Real Estate Results Awards (ARERAs) held in Melbourne earlier this week. This year’s ARERAs were strongly contested and saw between five and nine finalists vying for the top honour in many of the individual and agency categories. Melbourne…
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FRANCHISE NEWS
A strong start for 2018 for Harcourts Coastal
Harcourts Coastal have reported a leap in their sales figures for the month of January, up an incredible $14 million from this time last year. More than $81 million sales were made on 105 properties and Managing Director Dane Atherton said the outstanding results had been largely driven by local buyers. “This was a record January for us. In January…
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INDUSTRY NEWS
New weapon in the sub-letting battle
Landlords and agents now have a new weapon at their disposal in the battle against illegal sub-letting, with the launch of an Australia-first monitoring service called BnbGuard. Live as of late last year, but publicly launched last week, BnbGuard was created by an Australian start-up and monitors properties for unauthorised use on popular short-stay accommodation sites such as Airbnb. Co-founders…
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Elite Agent
Negative Gearing: A Balancing Act
Bruce Oliver from Xynergy Realty in Melbourne says that while negative gearing doesn’t necessarily help the affordability for first home-owners, it cannot be scrapped completely. The contentious topic of negative gearing is one that doesn’t seem to disappear, with the biggest question being what to do with negative gearing where housing affordability is an issue that is affecting many. It’s…
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FRANCHISE NEWS
Top Melbourne agents team up at Ray White
Two leading Melbourne agents Malek Younan and Phillip Mercieca have joined forces to open a business within the Ray White Group. The pair who have been friends since they studied together at Gladstone Park Secondary College are now so excited to be opening a Ray White business in the community they know and love. The successful duo have a combined…
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National
Chinese New Year a cause for real estate celebration
This week’s Chinese New Year could be cause for celebration for Australia’s real estate industry, with Chinese international real estate website Juwai.com tipping many will use their week off to investigate purchasing in Australia. Juwai recently conducted a survey of 256 Chinese consumers about their travel and property investment plans over Chinese New Year and the rest of 2018, and…
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INDUSTRY NEWS
East West consolidation planned by The Agency to drive further growth
The Agency Group Australia Ltd (formerly “Ausnet Financial Services Ltd”) exercised an amended option to acquire Top Level Real Estate Pty Ltd (currently Trading as The Agency East Coast). According to the AFR, if successful, this deal alongside the acquisition of Sell Lease Property it will transform The Agency into a $50 million dollar business at the end of February.…
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FRANCHISE NEWS
New outsourcer of rental inspections helps time poor consumers
One executive’s search for a rental property highlighted a gap in customer service, along with the creation of a new outsourced rental inspection service called Propzee. For James Bentley, a newly relocated executive from the UK, the rental inspection experience was frustrating, particularly in Melbourne’s hot rental market. James found inspections clashed, were at inconvenient times, on the weekend interfering…
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INDUSTRY NEWS
Zed Nasheet on stage for Million Dollar Evening with the Altman Brothers
In a little over a decade, Australian real estate agent Zed Nasheet has risen from hot dog salesman to rising local real estate star, notching up some achievements along the way. Aged only 27, he’s been in the game around eight years and recently opened his own agency, listing $45 million worth of property in the first two months. Last…
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INDUSTRY NEWS
Real Women in Real Estate gaining traction
An Australian initiative that celebrates the success and achievements of women in real estate is gaining local and international traction, with a series of events scheduled to take place in 2018. Real Women in Real Estate is a networking group founded by Real Estate Institute of NSW President and Laing+Simmons Managing Director Leanne Pilkington, and since its inception has attracted…
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SUPPLIER NEWS
ActivePipe completes $5.9m over-subscribed Series A round to drive global growth
ActivePipe, a Melbourne based automated communications platform for the real estate industry, announced it has successfully completed a $5.9m Series A funding round led by NAB Ventures, and joined by PieLab Venture Partners and other strategic individual investors. The round rapidly follows from the successful closing of a $1.8m pre-Series A round in August 2017. ActivePipe’s advisors were Asia Principal…
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FEATURE INTERVIEWS
Tracey Fellows: What’s in your heart?
During Transform Masters 2017, Elite Agent Editor Samantha McLean spoke to one of our top industry leaders, CEO of REA Group Tracey Fellows. Here, Tracey shares some of her career and leadership journey, including why being a great leader does not need to be complicated. The Beatles sang All You Need Is Love and Tracey Fellows’ leadership philosophy doesn’t deviate…
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INDUSTRY NEWS
REA Group appoints Georgia Beattie to head up Spacely
REA Group has announced the appointment of Georgia Beattie as Executive Manager of Spacely, the company’s new property website for shared work and short-term commercial spaces for events, retail, meeting rooms and creative spaces. Ms Beattie joins REA Group from Startup Victoria where she has served as chief executive since 2016. Launched in May last year in beta, Spacely is…
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Real Estate News
Ray White Agents Sharpen their Skills in Melbourne
It was standing room only when more than 550 Ray White sales agents from Victoria and Tasmania packed the Melbourne Convention Centre for Super Sales Day. The mega session – the single biggest gathering of Ray White agents in Melbourne outside of their annual awards – was the brainchild of Ray White Victoria and Tasmania CEO Domenic Belfiore who gave…
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Real Estate News
CoreLogic January 2018 Home Value Index: values fall across six of Australia’s eight capital cities
CoreLogic released its January hedonic home value index results which, at a national level, revealed a fall of 0.3% for the month, led by a 0.9% fall in Sydney dwelling values. The national combined dwellings index posted a modest 0.3% fall in January, taking dwelling values 0.7% lower since their recent peak in September last year. Dwelling value falls were…
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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…
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INDUSTRY NEWS
Victorian government announces initiative to get young people into their own home
The Victorian Government’s announcement that it will be soon accepting applications for its shared equity scheme known as HomesVic has been welcomed by HIA – it is a positive scheme that addresses the rising problem of housing affordability and will help see young people achieve the Aussie dream of owning their own home faster,” senior spokesperson for HIA Kristen Brookfield said. “The…
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INDUSTRY NEWS
Nation building in the spotlight at national Property Council awards
From convention centres to master-planned communities, from heritage overhauls to new hospitals, the nation’s best buildings and brightest talent are once again in the spotlight. This year, 137 finalists in 20 categories have been named ahead of the 2018 Property Council of Australia / Rider Levett Bucknall Innovation and Excellence Awards in May. The awards program, now in its 36th…
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FRANCHISE NEWS
RE/MAX open office in Melbourne’s West
Friends Kris Bansal and Satyam Mendiratta bring together their talents and experience plus their confidence in Melbourne’s western corridor and the Wyndham Council in their business RE/MAX West at Hoppers Crossing. Mr Bansal’s background is in business, investment and wealth creation, while Mr Mendiratta has vast experience in property development and construction specialising in house and land packages, new-builds and…
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EPM: Industry News
National rents on the rise: CoreLogic Rent Review December quarter
Property investors will welcome news from CoreLogic that although rental yields are flat, rental rates are on the rise. According to the latest CoreLogic Rental Report over the December quarter, all capital cities, excluding Canberra, achieved a stronger annual change in rents over the past year compared to the same period in 2016. Simultaneously, regional markets also earned a rental increase.…
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EPM
Marcel Dybner – Mastering Leadership
Marcel Dybner is the Head of Property Management at Boutique Agency Besser & Co in St Kilda, Victoria. With the business in a rapid growth phase, he applied for Transform Masters to ‘take a step back’ and look at how he could grow the company by growing as a leader. Taking in all the lessons, the transformative idea he put…
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INDUSTRY NEWS
Nine in ten Australian properties are ‘flipped’ for a profit, says new CoreLogic report
Global data analytics provider CoreLogic has released its first Property Flipping Report, which provides a national analysis of properties that were ‘flipped’ (bought and re-sold within a short time frame with the purpose of making a profit) in 2017. The research measures flips within one year of purchase and within one to two years of purchase. It also tracks national…
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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…
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INDUSTRY NEWS
Mixed market conditions for tenants and investors for 2018: Domain rental report
Key data findings Sydney median unit rental prices drop from the price peak by $5, falling back below median house rental prices for the first time in six months House rental prices in Melbourne rise 1.2 per cent over the quarter, hitting a new high House rental prices remain steady over the quarter in Sydney, Brisbane and Perth Hobart has strongest annual growth in house rental prices on…
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Real Estate News
Academic paper won’t help housing policy debate, says the Property Council
The Property Council of Australia says that an academic paper prepared by Melbourne University, as part of an RBA workshop reaches some bizarre and questionable conclusions on the potential impacts of removing negative gearing. Property Council of Australia Chief Executive Ken Morrison said any meaningful interrogation of the paper immediately raises serious questions as to the credibility of its findings, saying, “contributions to…
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EPM
Katherine Kyriakou – McGrath Blackburn & Box Hill
Former VCE teacher Katherine Kyriakou followed her husband into real estate almost by accident after filling in as temporary office cover. Over twenty years later, she’s now Principal of Property Management, McGrath Blackburn & Box Hill, with a rent roll of over 1,000 properties. Tell us a bit about yourself. I was born in Swan Hill, but we moved to…
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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…
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Real Estate News
McGrath continues its Melbourne expansion
McGrath Estate Agents has opened a Coburg/Brunswick office in Melbourne’s inner north. Melbourne continues to be an important market for the company with the opening of McGrath Coburg/Brunswick, as it operates 10 offices in the southern state. McGrath Founder and Executive Director John McGrath said “Melbourne is a city people want to live and invest in, which is reflected in…
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