week-40-2018

  • INDUSTRY NEWS

    Banking Royal Commission releases interim report: What you need to know

    The Royal Commission released their interim report last week from the investigation into Misconduct in the Banking, Superannuation and Financial Services Industry. The report has called into question how buyers are assessed for loans and is likely to mean serviceability will continue to tighten. The report also called ASIC into question for failing to police the banking sector and highlighted issues with the way both bank workers and mortgage brokers are remunerated. …

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  • FRANCHISE NEWS

    Ray White Commercial welcomes Phil Zoiti to the team in Perth

    Ray White Commercial (WA) is pleased to welcome hospitality and tourism property mogul Phil Zoiti to their team in Perth. Mr Zoiti, who was born and bred in the small Western Australia country town of Merredin and has more than two decades’ experience in the industry, joins as Hotel and Tourism Associate. He said he was delighted to join the Ray White Commercial (WA) team and that the opportunity perfectly complemented what he wanted from his next professional step. …

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  • EPM: Best Practice & Legislation

    Beepo and Rockend partner to provide accreditation for offshore employees

    Adequate training is usually one of the biggest challenges in implementing offshore teams. One of the main issues has always been the struggle with a large number of unique software products along with legislative and geographical knowledge requirements. But Beepo has recently decided to tackle this challenge head-on by partnering with Rockend to develop trained resources, otherwise known as ‘Rockend Property Assistants’. …

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  • INDUSTRY NEWS

    Majority of NSW markets in decline as SA and QLD heat up in October 2018: Herron Todd White

    The October 2018 issue of the Month In Review report from independent property valuation and advisory firm Herron Todd White shows that the majority of markets in New South Wales are either at their peak or declining, while Brisbane and Adelaide are still on the rise. Residential According to the firm’s Residential Property Clock, NSW’s North Coast region, including Coffs Harbour, …

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  • INDUSTRY NEWS

    October 2018: Interest rates on hold – industry reaction

    Yesterday (2 October 2018) the RBA Board decided to leave the cash rate unchanged at 1.50 per cent for its 24th consecutive meeting. “Conditions in the Sydney and Melbourne housing markets have continued to ease and nationwide measures of rent inflation remain low,” says RBA Governor Dr Philip Lowe. “Growth in credit extended to owner-occupiers remains robust, but demand by investors has slowed noticeably as the dynamics of the housing market have changed. …

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  • SELLING + MARKETING PROPERTY

    Enhancing employee experience: Sarah Dawson

    We all spend time surveying our customers, investing in market research, capturing, reworking and analysing data to ensure we are in line with their needs. The same analytic approach applies to recruitment. Viewing our industry from the ‘outside in’, how can you attract the best talent on the market and nurture prospective stars to encourage loyalty and high performance? As employers, the first step we take when we receive an application is to google the candidate, …

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  • NEWS

    Bubble Index 2018 suggests risk appears greatest in Hong Kong

    UBS Global Wealth Management’s Chief Investment Office have released The UBS Global Real Estate Bubble Index 2018, indicating ‘Bubble risk’ or a significant overvaluation of housing markets in most major developed market financial centres. According to the report, ‘Bubble risk’ appears greatest in Hong Kong, followed by Munich, Toronto, Vancouver, London and Amsterdam. The study has also found imbalances in Stockholm, …

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  • NEWS

    Queensland becomes next state to face widespread rental reforms

    The Queensland Government has announced a state-wide consultation to be followed with reforms to residential tenancy laws for renters and property owners. The consultation began on 30 September and will involve renters, landlords and real estate agents being contacted and asked for their views around the changing market and how successful the current system is. The reviews of the 40-year-old rental laws will be looking at making it easier for tenants to own pets and have repairs to property addressed sooner. …

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  • FRANCHISE NEWS

    Ray White Rural stock camp prepares next generation of livestock agents

    The next generation of livestock and station agents have travelled hundreds of kilometres and from several states to attain their first accreditation for a job in the industry. Stock Camp, hosted by Ray White Rural and sponsored by Fairfax, SocietyOne and Brand Territory, was held at Charles Sturt University in Wagga Wagga. Over three days, 33 students from Rand, Mt Gambier, …

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  • INDUSTRY NEWS

    Hayden Groves finishes his term as REIWA President

    At REIWA’s 100th Annual General Meeting, held at Fraser’s Restaurant in Kings Park on Tuesday, Hayden Groves announced he would be finishing his three-year term as President on Thursday 4 October. Mr Groves, who will remain on the REIWA Council, was elected as President in 2015, having served on the Council since 2010. “The past three years have been extremely rewarding and I thank the Council and REIWA members for entrusting me with the role over the past three years. …

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  • PM Transform 2018

    Prue Bryant: How do I know if I’m ready for a leadership role?

    Learn more from PM Transform 2018       More videos from this series TRANSCRIPT It’s interesting because I think more and more these days and just with the generation that we’re dealing with – everyone wants to be a leader. Everybody wants to take that next step, they want that career progression. They’re very ambitious and I guess dealing with, …

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  • INDUSTRY NEWS

    REINSW recognises outstanding achievements at 2018 Awards for Excellence

    The Real Estate Institute of New South Wales has announced the winners of its 21st annual Awards for Excellence at a Gala Dinner at Sydney Town Hall. REINSW President Leanne Pilkington said the best, bravest and brightest work across the industry was recognised. “The 2018 REINSW Awards for Excellence highlighted the industry’s biggest successes and most outstanding achievements across ten agency and 12 individual categories,” Ms Pilkington said. …

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  • INDUSTRY NEWS
    elite agent news room

    “Legislative and regulatory disaster”: REINSW hits out at NSW Fair Trading

    With a public letter of resignation, the Real Estate Institute of New South Wales has resigned from the Real Estate Reference Group and their position of providing real estate consultancy services to NSW Fair Trading. “Throughout the term of RERG, NSW Fair Trading has exhibited a demonstrable obedience to misguided philosophical views which have impeded, or entirely restrained, many beneficial outcomes,” said REINSW CEO Tim McKibbin. …

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  • BEST PRACTICE

    20 useful beliefs that are better than positive thinking

    If you need either a Simple Shift or some Useful Beliefs in 2021, Chris Helder will be speaking as part of Transform 2021, the 30-day boot camp that will supercharge your success. Sign up now, and take advantage of our early bird pricing. 1. Sometimes bad stuff happens. If you can’t control it, don’t obsess about it. Find the useful belief in it. …

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  • FRANCHISE NEWS

    Who takes the crown in the AFL Grand Final of real estate?

    In a potential omen ahead of Saturday’s AFL blockbuster, LJ Hooker has found West Coast’s neighbourhood outperformed the Pies’ over the last 12 months to claim the Grand Final of property. In a tight affair, it was the resurgence of the housing market in Subiaco – the traditional home of the Eagles – which kicked the deciding goals. Perth had been challenged in the post-resources boom period when the median real estate price went backwards 7.3 per cent during the last three years. …

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  • FRANCHISE NEWS

    Danielle Jobling joins the team at Cairns RE/MAX

    Real estate has been part of Danielle Jobling’s life, and her passion, for more than 25 years, and she has sold in the Cairns Northern Beaches property market for more than half of that. Now as part of Cairns real estate identity Tony Williamson’s RE/MAX team, Ms Jobling will dedicate her energies to real estate sales in that very familiar market. …

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  • FRANCHISE NEWS

    What it Takes 2.0 Brings Together the Best in Industry

    Australia’s real estate professionals are teaming up for the biggest training day of the year – What it Takes 2.0. Held at The Venue Alexandria on Friday, 26 October, ‘What it Takes 2.0’ is hosted by Ray White’s number one agent Gavin Rubinstein, who is bringing together some of the industry’s biggest and most respected names for one day of training and workshops to raise industry standards. …

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