week-43-2019
-
Real Estate News
Auctioneers ready for annual REIA showdown
It’s set to be an all-Australian showdown when the best Australasian auctioneers go head to head at the 2019 Australasian Real Estate Institutes’ Auctioneering Championships today. The winner will be crowned Australasia’s best auctioneer at the REIV Awards dinner tonight in the Palladium Ballroom, Crown Towers Melbourne. The Real Estate Institute of Victoria (REIV) and the Real Estate Institute of…
Read More » -
TECH + SOCIAL
The new frontier of auctioneering
David Scholes has carved out a hugely successful career as a real estate auctioneer. His former business AuctionWorks handles over 70% of commercial property auctions on the Australian Eastern Seaboard and David has personally called about 35,000 transactions. But he didn’t necessarily start with aspirations to be in real estate, nor in auctioneering. Instead, the self-confessed country boy started in…
Read More » -
Real Estate News
Canberra model the key to creating successful new cities
It often gets a bad rap, but Canberra could hold the secrets to planning for Australia's growing population and successfully decentralising our major cities, researchers say. Examining Australia's historical patterns of decentralisation over the last 100 years, researchers from RMIT, Monash and the University of Melbourne suggest the answer to creating successful new cities could…
Read More » -
Real Estate News
Stamp duty removal gains traction with off-the-plan purchases
The Real Estate Institute of Western Australia (REIWA) has come out in support of the McGowan Government plan to remove stamp duty from off-the-plan purchases. REIWA President Damian Collins said the news was a significant win for property buyers and restored the current imbalance where standalone houses only paid duty on land. “By reducing the tax for off-the-plan sales, not…
Read More » -
Elite Agent
Strategic marketing wins award for Pivotal Financial
Pivotal Financial, the RE/MAX Australia-owned finance group, has had back-to-back wins in the annual Connective Excellence Awards taking out the Marketing Award for 2019. "We'd established a powerful brand identity through our efforts in the 2017/2018 financial year," said Pivotal Financial general manager Matthew Andrews, "and the 18/19 focus was to promote the brand to…
Read More » -
Real Estate News
Crown Group takes out industry awards for architecture and design
Australian developer Crown Group has won two prestigious industry awards for its iconic residential and hotel development, Arc by Crown Group in Clarence Street, Sydney. It took out the respected international award, The Architecture MasterPrize last week, as well as Australia's peak industry body's, the HIA's Best NSW Apartment Complex 2019, at a ceremony in Sydney on Saturday night. The Architecture…
Read More » -
Real Estate News
Established agency makes the switch to open LJ Hooker Rockhampton
LJ Hooker has welcomed a new team of real estate specialists to the Rockhampton region in Central Queensland. Rockhampton veterans Jade Carr and Brit Wheeler are leading the office’s transformation to LJ Hooker. The new LJ Hooker Rockhampton offers a full suite of real estate services including residential and commercial sales, business leases, property management…
Read More » -
BEST PRACTICE
How to set yourself free from negative thinking
OUR MIND IS PERHAPS the most advanced piece of technology in existence, but it is not without a glitch or two. Pancho Mehrotra delves into negative thinking patterns, how they can hold us back and how to set ourselves free. In the current challenging economic climate, many people struggle to change the way they react…
Read More » -
EPM: Ask The Expert
Incentive structures for BDMs and how to calculate packages
Q: What incentive structures do you recommend for a BDM? A: There are many incentive structure options. However, my preference is to incentivise on both volume of results and revenue generated. Of course, consideration also needs to be given to the base package and allowances in place for the individual. The structure must also motivate the BDM and make financial…
Read More » -
We Are Real Estate
Maria Carlino: Adrenalin rush
On getting into real estateMy father had decided to sell our family home and invited a local real estate agent to value our home. I was only 16 and it was the first time I’d met a real estate agent and they were lovely. As we walked through our home, he was personable, interesting and I asked him, “Do you…
Read More » -
We Are Real Estate
William Pereira: THAT sale
On getting into real estateFrom my early teenage years I knew this was going to be my path. From about 13 years old I used to read the Inner West Courier every week and was fascinated to see what homes were available on market at the time. I followed agents/agency profiles and was always interested to know who the market…
Read More » -
We Are Real Estate
Jacqui Walker: Second career
On getting into real estateI started my career in real estate when l was 50. After a successful time in business it was time to sell that business and the only other career l thought l would really enjoy is real estate. Without mentioning this to anyone, I was in a discussion with the famous Ian Knight who owned RE/MAX…
Read More » -
We Are Real Estate
Ronald Kissell: Hammer hat-trick
On getting into real estateAs a young boy growing up in Bathurst, I loved the energy and pace of the cattle auctions and knew one day I wanted to be an auctioneer. As it turns out I actually started off as a butcher and quickly recognised that people appreciated a strong customer service ethic. After many years as a successful…
Read More » -
We Are Real Estate
Maggie Petrie: Fake it till ya make it
On getting into real estateMy marriage had just ended and I found myself with three children to support on my own. I got my first opportunity by way of a three-month contract as PA to two guys just starting out. Their partnership didn’t last but the director of the company offered me the BDM role the same day I finished…
Read More » -
Real Estate News
Hmlet opens biggest co-living property in Sydney
Australia's largest co-living company is opening its biggest property to date in Sydney's inner suburb of St Peters. With 82 rooms, Hmlet St Peters will open in November 2019 and will further expand Hmlet's reach to meet the needs of Australians and expats looking for new living alternatives in Sydney. Having successfully opened eight properties in Sydney since launching in Australia in January 2019, Hmlet has anchored its presence in Sydney's…
Read More » -
Real Estate News
Domain partners with RateMyAgent to “supercharge” agent exposure
Domain and real estate agent reviews and ratings ebsite RateMyAgent have today announced a partnership that will see Domain showcase recommendations from RateMyAgent across participating agents and agencies profiles on domain.com.au. The partnership will improve the service each platform provides to real estate agents, helping to build their brand and drive market share. RateMyAgent counts more than 670,000…
Read More » -
Real Estate News
Sales and auctioneer champion joins DiJONES
DiJONES have announced that real estate sales and auctioneer champion John Sullivan has merged his business, Sullivan Real Estate with DiJONES Lower North Shore. He will operate as a Sales Agent operating out of DiJONES Mosman. With more than 30 years of real estate and auction experience, both in Australia and the United States Mr…
Read More » -
CUSTOMER SERVICE
Move over Airbnb, it’s time to share the pool and the backyard
The world of real estate services enabled through PropTech changes so fast we’ve completed a round-up of some of the other innovations that have caught our attention. Torii Boston-based disruptor Torii knows that buying a home can be hard. Founded in 2017, the PropTech startup offers homebuyers a full suite of services, including…
Read More » -
Real Estate News
Weekend Auction Wrap: Supply shortages keep driving demand
The top-end buyers were once again out in force in Sydney with a lack of supply continuing to force buyers to pay higher prices. In Sydney, the preliminary auction clearance rate was again well above 80%, finishing up at 84.3% according to the latest data from CoreLogic. The result was up sharply on last week…
Read More » -
Real Estate News
Brisbane Skytower’s ‘The Horizon Collection’ released to market
The most exclusive residences in Brisbane’s tallest tower have been launched to the market, with potential buyers now having the opportunity to view the homes for the first time. The Horizon Collection in the landmark 90-storey Brisbane Skytower in the heart of the CBD consists of 43 two and three-bedroom luxury residences and four penthouse…
Read More » -
Real Estate News
m3property appoints new CEO
National independent valuer and advisor m3property has appointed David Martin as Chief Executive Officer. Mr Martin joins m3property following a long and distinguished career as a Chief Executive Officer including a successful stint at The Buchan Group that resulted in the creation of a global alliance with Nikken Sekkei. Grant Jackson, who has filled the…
Read More » -
Real Estate News
RE/MAX tops list eleven years running
RE/MAX has led the real estate industry for more than a decade in the Franchise Times Top 200+ rankings, an annual ranking of the 500 largest franchise systems in the United States by global systemwide sales. The real estate giant has again topped all other real estate franchise brands to earn the # 15 spot…
Read More » -
Elite Agent
Report hopeful for future of real estate despite record low listings
An influential property figure has accused state governments of being “addicted to the revenue” they receive from stamp duty and fees, resulting in record low listings across the country. John McGrath this week released the McGrath Report 2020, in which he claimed upgraders in big cities were paying close to $100,000 in fees and “absurdly…
Read More » -
TECH + SOCIAL
Tech startups making waves
Wouldn’t it be great if you could predict the price a home would sell for? Don’t you wish you could pay your selling agent a set fee based on the listing price of your home instead of the sale price? Do you yearn for a real estate assistant to help you wade through the millions of property listings and find…
Read More » -
Real Estate News
Open for a haunted inspection
US-based real estate platform Bungalo is taking Haloween to the next level and will offer Paranormal Inspection Reports, as a part of its home inspection process for the month of October. Bungalo will be offering the special reports alongside its standard 160-point inspection. Every home for sale on the Bungalo platform in Charlotte, Dallas and…
Read More » -
SELLING + MARKETING PROPERTY
Staging guide to help sellers boost prices
Real estate's lifestyle brand Better Homes and Gardens Real Estate LLC has launched its exclusive Staging Inspiration Guide for its sales professionals complete with tips and suggestions for every room in the home. The 14-page resource, featuring products from the Better Homes & Gardens product collection, today at the brand's annual Owner's Retreat conference in Aspen,…
Read More » -
Real Estate News
Harcourts expands in Perth region
Alex Dabag and John Tran have a combined 26 years of real estate knowledge in the northern region of Perth have opened the latest Western Australia franchise, Harcourts Initiative. Alex Dabag and John Tran have a combined 26 years of real estate knowledge in the northern region of Perth. And with a considerable refer and…
Read More » -
Real Estate News
Cairns real estate ‘king’ sells RE/MAX business
Tony Williamson, the man often referred to as 'Cairns' king of real estate' yesterday finalised the sale of his highly successful agency to brothers Ray and David Murphy. Ray Murphy, who joined Mr Williamson's RE/MAX Real Estate Services more than a decade ago, is Cairns' number one real estate agent.Since his start as an 18-year-old…
Read More » -
Elite Agent
Auctions aren’t simply for the top-end properties
Sellers who have taken their homes to auctions in spring have been scoring results well above the median prices for their respective cities. Analysis from Domain showed the median price for properties sold at auction in Sydney on Saturday was $1,177,500. The amount is in stark contrast with Sydney’s median home price of $805,424 (CoreLogic).…
Read More » -
Elite Agent
Elite Agent primer: Walk on the wide side
Apple and Amazon have drawn battle lines for the smart home, with their products Wideband and Sidewalk. The Internet of Things technology is impacting the real estate industry in a big way. This is because this new technology handles a large number of devices including lighting systems and thermostats as well as electrical outlets and…
Read More » -
Brand Editorial
Learning from the best at Street MBA Sydney
Where better to learn from the best of the best (and eat our weight in food); Sydney! Our Street MBA headed to Sydney in September and it didn’t disappoint! We were lucky enough to visit some of the best in the business: Di Jones, Novak Properties and The Agency. Whilst very different business models, the…
Read More »