week-14-2019
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EPM
Ask the coach: How to maintain a sense of urgency in the letting process
Q. My team seems to get busy with ‘PM life’ and forget the importance of urgency during the letting process. I think sometimes enquiries are missed. How can we improve in this area? The first thing I would suggest is that you ensure you have a clear set of minimum standards when it comes to the leasing process; namely, that…
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NEWS
Nick Dunn returns to Team Chauncy at McGrath Crows Nest
McGrath Crows Nest has welcomed Nick Dunn back to the team as the office plans for further expansion. Peter Chauncy, Principal of McGrath Crows Nest, believes that Mr Dunn has all the necessary ingredients to be one of their future stars and was delighted to welcome him back. “Nick typifies the calibre of agent that we wish to recruit and…
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NEWS
Independent rebrands to reflect a focus on the future
Independent has rebranded their businesses, dropping ‘Property Group’ from the brand name to reflect a drive towards innovation. According to Chief Experience Officer John Minns, the company’s new look represents the future. “This rebrand is about updating the look and feel of Independent to be in line with how we are as a company – innovative, friendly, relatable and approachable,”…
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NEWS
Ray White NZ welcomes a new office in Ohope Beach
Ray White has welcomed its newest office in Ohope Beach, New Zealand. Located in the Bay of Plenty, the Ohope Beach office will be the 172nd location across New Zealand for the Ray White network. Principal Ray Johnson already had an established business in the area and is optimistic about being backed by the Ray White brand going forward. “I…
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Elite Agent
Agents, tech or both? The agency of the future
Advances in technology shape every aspect of our daily lives, from smart kitchen appliances to the implementation of 5G. Conversations have turned from how Augmented Reality (AR) will impact society to how Artificial Intelligence (AI) will revolutionise life as we know it, even the real estate market, and it’s going to happen sooner than you think. Already we see huge…
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INDUSTRY NEWS
April 2019: RBA rates remain unchanged – industry reacts
Yesterday (2 April 2019), the RBA Board decided to leave the cash rate unchanged at 1.50 per cent for its 28th consecutive meeting. Many commentators expected this to be the case as the cash rate has now remained unchanged for 32 months. Here’s a quick rundown of what happened. With respect to the housing market: The adjustment in established housing…
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NEWS
Victorian Government partners with Women’s Property Initiative to support the homeless
The Melbourne suburb of Ashwood has welcomed the opening of Brian O’Donnell House, which will provide long-term, affordable accommodation for vulnerable Victorians fleeing family violence. The new homeless accommodation was opened by the Victorian Minister for Housing, Richard Wynne, and is an initiative of the Victorian Homeless Fund. It is supported by the Housing Industry Association as well as generous…
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NEWS
LJ Hooker Avnu welcomes Cameron Maxwell to the team
LJ Hooker Anvu in Sydney’s Lower North Shore has welcomed Cameron Maxwell to the team to service the highly sought-after area. In addition to his real estate experience, Cameron has also spent time as a taxation specialist with BMT specialising in property investments. Christine Mikhael, Chief Performance Officer of LJ Hooker Avnu, said she was delighted to have Mr Maxwell…
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NEWS
Belle Property make a new home in Queanbeyan
Boutique agency Belle Property Kingston has opened its second office in the rural lifestyle suburb of Queanbeyan. The office will service the growing and thriving rural lifestyle market of the ACT’s fringe suburbs, including Queanbeyan, Googong, Jerrabomberra and Bungendore. According to co-principal of Belle Property Queanbeyan Dan McAlpine, the speed with which the Kingston business achieved growth in the ACT…
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Elite Agent
Maintaining peak performance
What goes up must come down – unless your name is Tom Hector. The golden boy in South Australian real estate and one of the nation’s premier agents, Tom Hector’s rise to the top 11 years ago was nothing short of meteoric. Perhaps even more startling is that over the past decade the Harris Real Estate salesman and auctioneer has…
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NEWS
Budget 2019 focused on a strong economy
Prime Minister Scott Morrison and Federal Treasurer Josh Frydenberg handed down the Federal Budget last night. With a Federal Election on the horizon, the centrepiece of the budget was a cash rebate pitch to middle income earners and no changes to taxation legislation this side of an election. It’s the second year in the row there was no mention of…
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EPM
‘Taylor-made’ service
Overlooking the azure blue of the Coral Sea and encompassing residential, rural and island communities, the Whitsundays is one of those laid-back lifestyle destinations where time tends to march at its own pace. Here the property market ebbs and flows in step with tourism highs and lows, construction ups and downs, and the on-again, off-again influx of investors brought in…
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NEWS
Regional development manager takes top female leadership award
The winner of the 2019 Urban Development Institute of Australia (UDIA) and Frasers Property National Women in Leadership Award for Excellence has been announced, with Lendlease Regional Development Manager – Communities, Tamara Rasmussen, taking the top accolade. Ms Rasmussen has worked in property and development for two decades, including 15 years with Lendlease, and says she is thrilled to have…
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NEWS
New appointment for McGrath strengthens Victorian proposition
McGrath Estate Agents has announced Karl Secondis will join the group in the newly created role of State Manager for Victoria, as the company looks to grow its footprint in the state. Mr Secondis, who previously held roles with Ray White Darwin and One Real Estate Darwin, called this move a natural progression for him. “I’ve always been inspired by…
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NEWS
realestate.com.au aims to simplify tenant selection with new verification tool
realestate.com.au recently launched Tenant Verification that aims to simplify the tenant selection process. Available through the 1form platform, Tenant Verification is a service aimed at helping prospective tenants submit a more complete application by verifying identity documents and rental history. How it works For a fee of $29 (payable by the tenant) the report details the results of an identity…
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NEWS
Housing downturn loses some steam: CoreLogic
CoreLogic’s latest home value index results show the pace of declining property values in March eased relative to the past four months. Head of Research at CoreLogic, Tim Lawless, confirmed that the 0.6 per cent drop in March was the smallest of the month-on-month declines since values fell by 0.5 per cent in October last year. However, Mr Lawless noted…
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NEWS
REIA responds to Opposition’s start date for negative gearing and capital gains tax changes
The REIA has reiterated its strong opposition to the Labor Party’s negative gearing and capital gains tax policy, following the announcement that 1 January 2020 would be the start date for their negative gearing and capital gains tax increases if they were to win the federal election. “The REIA has always been concerned with the impact the policy would have…
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Elite Agent
Real estate’s finest ready for the Ride to Provide
The challenge will see these real estate professionals cycle 500km across the rural countryside of Thailand, raising funds for Hands Across the Water. We caught up with just a few of the many agents taking part… What do you do in real estate when you hit the target you’ve been aiming for? You make the next one bigger. That’s exactly…
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NEWS
Stone Real Estate expands into Albury Wodonga
Stone Real Estate has expanded further into regional areas with the opening of Stone Albury Wodonga, on the border of New South Wales and Victoria. The new office is led by established local agents Craig and Kelly Huckel, who had initially intended to start an independent agency before the Stone brand caught their attention. “It’s a very city looking brand and…
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NEWS
Brisbane defies falling house prices: REIQ
Figures from the latest REIQ Queensland Market Monitor have shown positive signs for Brisbane as the city closed out 2018 with a median house price growth of 1.1 per cent. According to REIQ CEO Antonia Mercorella, a rise of this kind for this market means Brisbane is really performing the best out of the three largest capital city property markets. However, she did…
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NEWS
Century 21 opens a new office in Balwyn, Victoria
Century 21 has expanded its Victorian network with Century 21 Reach. Located in Balwyn, 10km east of Melbourne’s CBD, the office is led by Principal Gilbert Ng, who brings to the brand 20 years’ of industry experience. Century 21 Reach will specialise in both residential and commercial property, and Mr Ng states that he is more than ready to take on…
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THE ELEVATE PODCAST
Episode 83 Owen Wilson: ‘Stay the Course’
In this week's special edition of The Leadership Diaries, Samantha McLean sat down exclusively with the new CEO of REA Group, Owen Wilson. With the industry currently in a fluctuating state, Owen shares his immediate goals for REA Group, where he sees the opportunities for growth in the industry and what the future might look like. He also shares some…
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Elite Agent
‘Together we will succeed’: Owen Wilson
Owen Wilson stepped into the top job at realestate.com.au in January – amidst arguably the worst downturn in the property market in the past 10 years. With an uncertain year ahead and global players such as Facebook making their own plans in real estate, Wilson’s overall philosophy is that it’s time for REA Group and agents to work together for…
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NEWS
Community forum tackles post-flood real estate market
More than 50 Townsville residents attended a community forum on the Townsville property market post-2019 floods, hosted by local sales specialist Michele Hyde, from RE/MAX Excellence and Brisbane real estate business owner and agent Martin Hood. The free information event was organised to help residents deal with what has been happening in real estate since the February floods, which left well…
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NEWS
Ray White Commercial analyst recognised in ‘500 Women in Property’ program
Ray White Commercial NSW analyst Ellen Feng has been recognised in the Property Council of Australia’s (PCA) 500 Women in Property program. The initiative involves a personal commitment from PCA members to champion women in their organisation or business sphere who they believe would benefit from further networking, profiling and professional development opportunities. Ms Feng, who has been an analyst…
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NEWS
Colliers International ACT to expand with a new office in the Civic Quarter
After recently taking out the 2019 Real Estate Institute of Australia Commercial Agency of the Year, Colliers International ACT has outgrown its current office space and will move into the A-Grade Civic Quarter (CQ) when it is completed later this year. “Our business has continually performed strongly year-on-year and this has allowed us to continue to welcome new members to…
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NEWS
Peer to peer office space market gets a reboot
Australian PropTech disrupter Rubberdesk recently announced the relaunch of its peer to peer marketplace for businesses. Through the platform, businesses are able to earn money by renting out their spare office space on a monthly basis. The platform currently has over 15,000 spaces available to rent, with the relaunch adding extended three-, six- and 12-monthly rental terms, online payment processing…
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