week-27-2019
-
Real Estate News
Purplebricks confirms US Exit
After announcing earlier this year their intention to exit the Australian market, Purplebricks have confirmed to investors that the group will withdraw from the US business which began trading in 2017. In the financial year just ended (April 30) Group revenue increased by 55 per cent to GBP 136 million and UK revenue was up 21 per cent to GBP…
Read More » -
Elite Agent
How agents can thrive in a challenging market
Over the past decade, Australia has been in a golden age of property that has seen increasing house prices, happy vendors and competitive buyers – an environment that made things relatively easy for the average real estate agent. However, recent lower auction clearance rates and stagnating buyer activity means agents need to roll up their sleeves and take a new…
Read More » -
Elite Agent
Growing your adjacency revenue the easy way
With declining fees and falling revenue streams hurting many agents around the country, it is more important than ever to maximise every cent you’re earning. A new product allows real estate agents to monetise many of their preferred supplier relationships and create an additional passive stream of income for both agents and agencies. ezecomply starts the flow of adjacency revenue…
Read More » -
Elite Agent
Real estate rebels open second office in Wollongong CBD
In 2017 Trever Molenaar and Troy McNeice opened the doors to a different kind of real estate agency. Mr Molenaar, a former owner of a large franchise with three office locations across the Illawarra, and McNeice, one of the top agents working there, joined forces to begin Molenaar + McNeice. Known for their standout pastel pink colour scheme, the brand…
Read More » -
QLD Real Estate News
Ray White owners switching things up on the Gold Coast
Two of Ray White’s business owners have agreed to effectively swap offices and business names in what has proven to be a seamless transition. With more than 21 years’ experience in real estate, Ray White Broadbeach – Broadbeach Waters owner Larry Malan is now the proud new owner of Ray White Mermaid Beach too. Gary Gannon has sold his Mermaid…
Read More » -
Real Estate News
Ouwens Casserly continues to grow in South Australia
Ouwens Casserly is set to seize opportunity, building on a period of recent growth to spread its footprint into the greenbelt of Adelaide. Over the past few years the independent residential property firm has been concentrating on growth and consolidation, building a résumé that sees them sell more than a thousand homes each year, with a further 1600 properties under…
Read More » -
We Are Real Estate
John McGrath: Keep changing and growing
On getting into real estate I thought I’d like real estate and figured out it was an important transaction in everyone’s life. I was pretty determined to find one thing I loved and stick to it, so it had to be something important if I was going to do it for 50 years. The happiest moment in my career You…
Read More » -
National
Variable mortgage rates fall below 3 per cent following RBA’s second consecutive cut
Variable mortgage rates in Australia have hit a new low following the historic decision by the Reserve Bank of Australia to cut the cash rate to 1 per cent. Late this afternoon, RateCity.com.au confirmed Reduce Home Loans was among the small lenders embracing the latest cut, slashing its lowest rate by 0.20 per cent to 2.89 per cent. Meanwhile, ANZ…
Read More » -
Brand Editorial
Now is the time for that annual insurance review: Sharon Fox-Slater
A new financial year has dawned and chances are you’re busy setting some fresh business goals while gathering all your paperwork for your tax agent. While reviewing the insurances on your RE business might not be at the top of your list, now just might be the best time to do so. Many small business owners take out insurance at…
Read More » -
Real Estate News
Better Homes and Gardens Real Estate opens new Central office in Sydney
Better Homes and Gardens Real Estate has opened a second Sydney office, this time in the CBD on York Street. Known as Central, the office follows on from the previous grand opening of The Ponds on 9 May. Licensed real estate agent Sally-Anne Lawlor has joined the brand, bringing almost 20 years of experience to Better Homes and Gardens Real…
Read More » -
Real Estate News
Gold Coast launch of the new RE/MAX hot air balloon
Soaring high above the Gold Coast was a basket full of RE/MAX faces when a newly branded balloon launched in June this year. On board for the 5am take-off from the Mercure, Palm Meadows, were Joel Davoren, Director, RE/MAX Australia; Jasmine Revfeim, RE/MAX Australia; Justin Miller and Janene Sharpe, RE/MAX Regency; Danny Woolbank, RE/MAX Property Centre; Lisa and Kevin Brown,…
Read More » -
EPM: Ask The Expert
Should you buy or build your rent roll?
To buy or to build? That’s one of the age-old questions on many a principal’s mind when it comes to property management. Should they build their property management division from scratch, or will purchasing a rent roll offer the potential of sales and income stability that’s worth the investment? If you’re considering acquiring a portfolio, there are many factors you’ll…
Read More » -
Real Estate News
CEO warns real estate industry has reached its ‘technology intersection’
Douglas Driscoll, CEO of award-winning real estate group Starr Partners, believes the real estate sector has reached its ‘technology intersection’. While innovation enables agents to automate and digitise their processes, he says it poses problems for an industry that needs to learn how to strike a better balance between implementing cutting-edge technologies and retaining the right level of human involvement. “Although…
Read More » -
INDUSTRY NEWS
Property prices start to recover in Sydney and Melbourne
There are some positive signs for property prices on the East Coast as both Sydney and Melbourne have posted monthly gains for the month of June. Values in Australia’s two major housing markets were up 0.2 per cent in Melbourne and 0.1 per cent in Sydney for the month, according to the latest figures from CoreLogic’s Hedonic Home Value Index.…
Read More » -
Real Estate News
Melbourne agencies Thomson Murrumbeena and Gary Peer & Associates join forces
Melbourne agencies Thomson Murrumbeena and the Gary Peer group have joined forces, providing the local market with over 90 years of combined local experience and expertise. Thomson Murrumbeena directors David Thomson, Anthony Lee and Felicity Thomson will all remain on board, focusing on their traditional areas of expertise. Mr Thomson will join the local Gary Peer sales team at 42…
Read More » -
Real Estate News
Ray White Commercial NSW welcomes two new recruits
Ray White Commercial NSW – Sydney City Fringe has welcomed two new recruits to the team. Lachlan Palm has joined as a Sales and Leasing Associate and Fiona Farmer has taken up the role of Office Manager, and both will based out of the Sydney City Fringe office in Glebe. Mr Palm, who made the move from Brisbane to Sydney,…
Read More » -
Real Estate News
Familiar faces in Ararat, Victoria, now have a new name
Ararat’s most recognised team of real estate agents is joining Australia’s biggest real estate brand, opening the new Ray White office in the Victorian town. Business owner, Philip Clark said the opening of Ray White Ararat was a natural progression as his business looks to continue its growth by combining the team’s personalised service with the strength of the Ray…
Read More » -
Real Estate News
DiJONES expands Southern Highlands operations
Boutique group DiJONES is merging with Michael Cawthorn and his team from Knight Bailey Property to expand its Southern Highlands operations. The merged business will operate under the DiJONES brand from July 1 2019. The brand launched in the Southern Highlands in 2016 after identifying a significant connection with Sydney buyers. The Knight Bailey brand was launched by Michael Cawthorn…
Read More » -
Elite Agent
Why workflow works wonders: Josh Phegan
I want you to imagine this one person, sitting in the room, at every meeting you have, listening intently and watching your every action. They are the customer, and they can’t believe how poorly the industry is serving them. There’s a massive upgrade required to thrive in this business, and it starts with workflow – you to your next customer.…
Read More » -
Brand Editorial
Better buyer engagement: 30 minutes with DIAKRIT’s Dick Karlsson
We’ve heard it time and again, content is king of the digital realm. But in real estate, it’s not just any content that counts. In a slowing market, the buyer is in the driver’s seat, and they’re more educated, time-poor and expectant of service than at any time in the industry’s history. “It’s no secret in the last 12 to…
Read More » -
Real Estate News
Insurance crisis threatens construction sector
An impending insurance crisis risks bringing the construction sector to a halt unless Commonwealth, state and territory governments can work together to resolve the issue. The Property Council of Australia has called for an industry roundtable on resolving the insurance crisis, as many building and construction businesses face closure over the issue. They said it was essential for governments to…
Read More » -
Real Estate News
New owners for RE/MAX on Bribie Island
It’s truly a family affair for the new owners of RE/MAX Advanced, who said they are armed with a clear plan to grow their team in response to the confidence in the Bribie Island property market. David and Karen Wereszczuk are part of the office’s success story, having worked in the team for the past two years as senior sales…
Read More » -
Thought Leaders Podcast
10 ideas that will make you more successful in real estate sales: Alex Mintorn
Over the past nine years, Alex Mintorn has become one of the leading agents on Sydney’s Upper North Shore. He is also one of the top four agents in the McGrath network of more than 900 agents Australia-wide. Along with his partner, Maddie Stock, they have been involved in more than 79 sales, worth almost $150m with average days on…
Read More » -
Elite Agent
Ask the coach: I keep hearing you should do 20 to 30 calls a day. My challenge is sometimes I’m not sure who to call
Your goal is to make more calls each day, so it’s vital that you generate leads, attend appointments, take listings, put buyers under contract and sell a lot of homes. With spring a few months away, now is the time to turn the volume up in all areas of your business to create the certainty you deserve. Stay on track…
Read More » -
We Are Real Estate
Fadi Hajjar: Break up and make up
On getting into real estate After a short stint in real estate upon graduating from high school, I decided that real estate was not for me, so we broke up. I went on to complete three university degrees and was a secondary school teacher for almost a decade. But the theatrics and adrenaline of auctions kept luring me back. I…
Read More » -
Real Estate News
Tom Esze hammers it home to take out REIWA’s Auctioneering Championships
Tom Esze from Tom Esze Auctions has taken out the Gift of the Gavel at the annual REIWA Auctioneering Championships this week. Held at the Wembley Golf Course, the 2019 championships showcased Western Australia’s best talent in the auction space under two categories – novice and senior. REIWA President Damian Collins said as auctions continue to grow momentum for the unique…
Read More » -
Real Estate News
Clay Brodie steps up in Woollahra
Young gun agent Clay Brodie is moving up to become the director of sales at Ray White Woollahra, one of Ray White’s fastest growing businesses. Mr Brodie, who has been an agent for nine years, focusing on the eastern suburbs since day one but angling in on Woollahra and Paddington for the majority, has been working with director Randall Kemp…
Read More »