week-10-2018
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INDUSTRY NEWS
Purplebricks enters into two enforeceable undertakings in QLD
According to a QLD Government media release, national real estate agency Purplebricks has entered into two enforceable undertakings with the Office of Fair Trading (OFT), for alleged breaches of the Australian Consumer Law and the Property Occupations Act 2014. The release states that between November 2016 and June 2017, Purplebricks Australia Pty Ltd, entered into agreements with consumers who were…
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BEST PRACTICE
How to learn new skills the easy way – Pancho Mehrotra
It is as astounding how many people struggle to learn something new. But, just like a toddler starting to walk, we are all capable of mastering new skills if we go about it the right way. Pancho Mehrotra of Frontier Performance explains. I have often seen trainers getting people enthusiastically involved in the training, yet when these people leave the seminar they…
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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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FRANCHISE NEWS
Ray White fires up for Ignite 2018 in NSW
More than 350 Ray White real estate agents from across New South Wales turned up at the International Convention Centre in Sydney today for the bi-annual truth serum boost called Ignite 2018, where they heard from the best in the property business. The super sales training day was aimed at firing up the Ray White agents to remain the hunter…
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FRANCHISE NEWS
RE/MAX agents get in the ‘big picture’ in Vegas
More than 40 real estate names from Australia and New Zealand rubbed shoulders with another 6,000-plus real estate agents and broker owners at the 45th annual RE/MAX R4 Convention in Las Vegas this month. “The annual R4 Convention is like no other real estate industry gathering. Just the physical numbers of people, the calibre of speakers, the quality of entertainment,…
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INDUSTRY NEWS
March 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. REALESTATE.COM.AU “More indicators are pointing to improving economic conditions and given how fast the US is growing, this will support our economy,” says Nerida Conisbee, realestate.com.au Chief Economist. “The main thing holding them (RBA) from increasing rates are consumers, in particular the enduring…
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Real Estate News
RE/MAX New Zealand awards its best of 2017
RE/MAX New Zealand announced its top 2017 performers last month at a gala event held at Pullman Auckland, where 140 guests celebrated their own achievements and that of their RE/MAX peers. Keeping with tradition, the network’s ultimate individual honour, Broker Owner of the Year, was the final announcement for the evening. Facing some worthy contenders given the growing number of…
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EPM: Industry News
Morgan Stanley report shows Airbnb growth has slowed overseas but Australian data tells a different story
According to a recent report from Morgan Stanley, as awareness of security issues rises, Airbnb’s growth slows. The third annual AlphaWise survey saw the researcher drop their prediction of Airbnb growth by over 50 per cent, from 29 per cent to 12 per cent, in the EU/US. However, the data in Australia tells a much more concerning story for property…
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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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EPM: Leadership
A Simple Roadmap to Review your Business and Reap the Rewards: Alister Maple-Brown
What can we learn from past performance? Often when looking forward we forget to take the lessons from the past. Reviewing your people, processes and systems is a great way to understand what does and doesn’t work for you, and will put you in a strong position for growth in the year ahead. Here’s are my eight simple steps to review…
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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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Real Estate News
Scaleup Mediafund and Spheria lead LocalAgentFinder $5.5m funding round
LocalAgentFinder has announced a successful completion of a $5.5m funding round that was oversubscribed, and values LocalAgentFinder at a pre-money valuation of more than $60m. The round was led by Scaleup Mediafund, which is owned and supported by News Corp Australia, Network Ten, Nova Entertainment, and Fox Sports Australia, together with leading Australian small cap fund manager Spheria Asset Management.…
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FRANCHISE NEWS
Stockdale & Leggo announce an exciting new partnership with Australia’s fastest growing finance aggregator
Stockdale & Leggo are excited to announce an innovative new partnership with finance aggregator Finsure that is set to advance their customer service offering and streamline the process of buying property. An award-winning company recently named Aggregator or the Year, Finsure manage more than 1400 of the best brokers across their nation-wide network. Allowing them to work under their own…
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FRANCHISE NEWS
Growth agency identifies staff well-being as a priority
A Brisbane real estate agency which has undergone significant expansion has made team welfare a key part of its team development strategy. LJ Hooker Cleveland has become the Redlands area’s largest operator following an astute recruitment drive and mergers. Between August and February, the team: increased its sales division from 22 to 28 agents; added 4 portfolios to its rental…
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FRANCHISE NEWS
Queensland’s top agents shine at First National awards night
First National Real Estate’s Queensland estate agents were presented with their General Excellence and Marketing Awards at Sofitel Brisbane on Saturday night (March 3rd, 2018). The awards shone a light on the state’s leading agents, property managers and offices of 2017, which, according to QLD Chairman David Forrest, faced a considerable variance of market conditions throughout the state. ‘2017 was…
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INDUSTRY NEWS
REIQ names best of the profession for 2018
A record-breaking fourth title win for REIQ Auctioneer of the Year Justin Nickerson has led this year’s REIQ Awards for Excellence as more than 700 real estate professionals gathered to recognise the elite in their field at the Brisbane Royal International Convention Centre (RNA) on March 3rd, 2018. The win is the third consecutive win for Mr Nickerson and the…
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FRANCHISE NEWS
Welcome home to Ray White Karl Secondis
Darwin real estate identity Karl Secondis has been welcomed back to Ray White with open arms. Ray White SA / NT managing director Nick George said when Ray White began in the Northern Territory more than 15 years ago under the leadership of Mr Secondis the agency very quickly became the leading brand. “Karl’s history as Darwin’s premier property marketing…
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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
Ray White principal Michael Stack expands Sunshine Coast presence
Ray White elite performer Michael Stack has expanded his Sippy Downs business to now include Nambour. “We’re so excited to see Michael Stack start servicing the needs of this real estate community in Nambour,” Ray White QLD CEO Tony Warland said. “We know Michael is looking forward to being able to put a shopfront in place in the near future…
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FRANCHISE NEWS
Raine & Horne scores Broadway hit with new office
Raine & Horne has scored a major commercial coup with the recruitment of Alvie Lin to the 135-year-old network. “Alvie has an enviable combination of international and local experience is residential property sales and property management, as well as retail property, office building, shopping centres, commercial property sectors,” said Angus Raine, Executive Chairman, Raine & Horne. “Also fluent in English…
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FRANCHISE NEWS
The Agency teams up with Guy Leech to roll out life-saving automated external defibrillators (AED)
A friendly connection between Jon Snead and ironman Guy Leach has lead to an agreement to have The Agency roll out automated external defibrillators (AEDs) nationally, starting with Sydney with staff being trained on the life-saving equipment. “I’ve known Guy for many years through paddling, we’ve trained together over the past eight years. It was two years ago when we…
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Thought Leaders Podcast
Episode 35: How to Prepare for the Real Estate Industry Award changes on April 2 with Roman Panovski from Employsure
Guest Interview: Samantha McLean discusses the April Real Estate Industry award changes with special guest Roman Panovski, Senior Employment Advisor at Employsure. ‘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…
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SUPPLIER NEWS
Spinify bringing engagement and fun to the big game of sales
The days of the whiteboard and sales “pump-up” may soon be a thing of the past, courtesy of a tech tool that brings gaming and engagement to team motivation. Spinify is leaderboard software that integrates with CRMs to combine tasks, targets and achievement with a game-based ethos. Its aim is to bring fun, engagement and motivation to the heady world…
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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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