week-44-2019
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LEADERSHIP
10 ways to future proof your real estate business
IT CAN BE HARD TO KNOW where to start when implementing technological changes in your business. Futurist Gihan Perera has done the head-scratching for you and explains what to do now to remain relevant for tomorrow’s consumer. Australia is perfectly positioned for growth in this “Asian Century”, and Australian real estate will be highly-sought and…
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Real Estate News
New tech set to simplify photo listings
Realtor.com®, today announced the release of its Photo First℠ feature, to help home buyers find their must-have rooms and finishes without the headache of scrolling through dozens of listing photos. They claim that this first-of-its-kind feature is designed to deliver the best browsing experience by making photos more personal and relevant than ever before. The…
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Real Estate News
CPI brings good news for home buyers and renters
The September 2019 quarter CPI figure is good news for home buyers and renters, according to the Real Estate Institute of Australia (REIA). REIA President Adrian Kelly said the All Groups CPI increased by 0.5 per cent in the December quarter, giving an annual increase of 1.7 per cent. “The annual changes for the analytical series of trimmed mean and…
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Real Estate News
Call for industry to stop using the term ‘off market’
A real estate expert has spoken out against using the term ‘off market’, claiming it is confusing and misleading customers. Starr Partners CEO Douglas Driscoll urged agents to reassess their use of ‘off-market’, which is used to describe properties up for sale without being advertised on the major property portals. “There’s no such thing as an off-market property – in…
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Real Estate News
HIA reports confidence returning to housing market
“New home sales bounced back in September to return to levels seen during the latter half of 2018,” stated HIA Economist, Angela Lillicrap. The HIA New Home Sales report – a monthly survey of the largest volume home builders in the five largest states – is a leading indicator of future trends in the residential…
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Real Estate News
Ray White expands to Ceduna and Streaky Bay
Experienced real estate professionals Daniel and Megan Eramiha are taking ownership of the newest Ray White office on the west coast of South Australia. After eight years working as a salesperson, Mr Eramiha said he was ready to take the next step into business ownership as principal of Ray White Ceduna | Streaky Bay, and he’s confident this move will…
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Real Estate News
rent.com.au announces interest-free period for RentBond
Rental property website Rent.com.au has announced changes to broaden the appeal of its flagship bond payment product, adding a new interest-free and fee free period to give renters some cash relief when moving between properties. Highlights for property managers: The 21-day interest-free period means renters can fund their new bond at no cost, while they’re waiting on their previous bond…
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Real Estate News
Award-winning agent to lead Belle Property Byron Bay/Lennox Head
Belle Property has announced the opening of Belle Property Byron Bay/Lennox Head under the leadership of well-regarded agent and principal, Braden Walters. Mr Walters is heavily involved in the Real Estate Institute of New South Wales (REINSW), becoming the youngest ever board member of the peak body, and was also named a finalist in REINSW’s Residential Agent of the Year.…
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Real Estate News
Partnering for experience
It’s no secret that agents find it quite challenging to ask consumers to rate on various platforms including realestate.com.au, Google, Facebook plus a video or written testimonial. Last week Domain and RateMyAgent announced a reciprocal partnership which links review data with Domains Listing Data. Domains Chief Operating Officer Tony Blamey explains the thinking behind the…
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Real Estate News
Making every building count
Governments urged to adopt practical plan for emissions reduction. A landmark new plan sets out a practical pathway for transforming Australian homes, workplaces and other buildings into low carbon, high-performance structures while cost-effectively reducing emissions. Every building counts: A practical plan for emissions reduction is a policy toolkit jointly developed by the Property Council of Australia…
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Real Estate News
ActivePipe welcomes +$6m investment
ActivePipe, a Melbourne based Real Estate focussed Marketing Automation platform, announces that IAG's Firemark Ventures, the Corporate Venture arm of IAG, Australia's largest general insurer ("IAG"), and Second Century Ventures ("SCV"), the venture arm of the National Association of Realtors®, have invested into the ActivePipe +$6M Pre-Series B Convertible note round. The investment comes ahead…
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Real Estate News
NSW Southern Highlands agency joins First National
One of Mittagong's best-known boutique estate agencies, Abode Property, has joined Australia's largest network of independent agents, First National Real Estate, strengthening the network's market presence in the Southern Highlands in a step described as 'evolutionary' by dynamic principals, Anna and Allan Falvey. Trading as First National Real Estate Abode Property, the agency has ambitious…
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BEST PRACTICE
Future proofing in the tech age
Working closely with many of Australia’s leading agents allows us to see what separates the best agents from the pack. Despite the transformation in real estate right now, it almost always comes down to the same factors. The best agents have mastered four things: prospecting, listing, negotiating and – of course – selling. We believe that as digital disruption continues…
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Real Estate News
Ray White unveils Est.1902 collection
Ray White Group today unveiled its new corporate uniform range infused with a subtle touch of Australiana in a nod to its humble bush beginnings. The new uniform collection called Est.1902 will unify its 12000-strong army of agents, property managers and administrators across Australasia as one team with the same dream. The family-owned and led franchised group…
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Brand Editorial
Building FOMO in your listing presentation: Kurtis Pirotta
Video Length 43 minutes 12 seconds What you’ll Learn In This Lesson: The three big ideas: Win more landlords, find more tenants and use technology better to influence customer expectations Why landlords are appointing real estate agents to look after their investment How to attract a high number of potential tenants Using technology effectively to ensure superior property management service…
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Real Estate News
Weekend Auction Wrap: Auction volumes surge higher
It was another strong weekend of auctions around the country, highlighted by a huge surge in the number of properties going to auction. The auction clearance rate in both Sydney and Melbourne dipped slightly, with Sydney recording 79.7% and Melbourne 77.1% according to the latest data from CoreLogic. While the national rate ended up 75.3%.…
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BEST PRACTICE
Leveraging your assets
Leveraging your assets With so many new and exciting tech offerings in real estate, it would be easy to become swamped without knowing if what you’re doing is working. Caroline Bolderston explains why sometimes keeping it simple is best. Humans are a complex bunch. Many of us are attracted to what is new, exciting and…
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Real Estate News
Herron Todd White welcomes Drew Hendrey to strategic national role
Australia’s largest independent valuation and property advisory firm has announced its latest strategic national team appointment, as the firm looks to build further on its already formidable presence in the industry. Drew Hendrey has accepted the position of Executive Director Valuations Advisory for Herron Todd White (HTW), confirming his resignation from CoreLogic late last week, after more than five years…
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Real Estate News
Sara Young and Jodie Stainton join forces to take Coronis national
Coronis welcomed its first interstate recruit, Sara Young from Western Australia to help grow Coronis nationally with the addition of the new e-business model. Director of Coronis Now Jodie Stainton said how excited she was to welcome such an incredible property management professional who will help Coronis expand its services interstate. "This is a very…
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Real Estate News
Strategic business growth expert joins Barry Plant
Nigel O’Neil has joined the Barry Plant Corporate Office as Head of Strategic Growth. His role is to drive the development of our business strategy to leverage data, technology and innovative practices to keep the Barry Plant Group ahead of the curve and cement their place as Victoria’s most successful real estate network. Nigel was…
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LEADERSHIP
Empathy and Understanding the key to service
In an increasingly technological world, David Holman knows people are more important than ever. The Direct Connect Chief Executive Officer says the moving services company’s employees and the vibrant culture within the organisation are what makes things tick. Of course, technology aids their workflow and makes things easier for customers, primarily renters who are moving house, to connect services such…
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Real Estate News
REIQ announces new board directors at AGM
The REIQ has announced the re-election of Peter Brewer as both a Member Director and Chairman of the Board, following last week’s annual general meeting, held at the REIQ’s Cannon Hill offices. He was joined by property manager, Laura Valenti, who was elected to the board as its female member director, a dedicated position which was introduced to the constitution…
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Real Estate News
Rent.com.au posts a loss for the 2019 financial year
Australian rental platform Rent.com.au has posted a loss for the last financial year. The company released it’s annual report to shareholders on Friday and revealed it had generated a net loss of $2,497,183 for the year ended 30 June 2019. This was a slight improvement on the 2018 financial year that saw a $2,822,540 net…
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Real Estate News
REA Group announces investment in Managed technology platform
REA Group has announced its investment in Managed, a technology platform created to empower real estate agencies by automating workflows, reporting, payments, invoices and dramatically reducing rental property administration. REA Group Chief Customer Product Officer, Andrew Rechtman, said the announcement reinforced REA’s commitment to property management customers. “By working with new software providers, such as Managed, we will increase operating…
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Thought Leaders Podcast
Tara Bradbury – Building A Rent Roll From Scratch
Tara Bradbury, the Founder of the BDM Academy, has, over many years, being someone who has immensely raised the profile and status of the role of business development manager. In this podcast, she shares not only lessons from her time as a BDM coach, but also now in the role of business owner having this year started a PM business…
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Elite Agent
Eyes onsite: Architects respond to ABC 7.30
A commitment to safety, quality and putting the consumer first is the only way to restore confidence and ensure the ongoing integrity of Australia’s construction industry, according to the Australian Institute of Architects. Responding to the ABC 7.30 three-part series on defects in the construction industry, which concluded this week, National President Professor Helen Lochhead said solutions that address these…
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Elite Agent
10 things to attract top Gen Z talent to your business
It wasn’t that long ago that folks out there were scratching their heads trying to work out ways of attracting, recruiting and retaining millennials to businesses. Now, with the 2019 HSC well underway and school leavers looking for jobs the conversation needs to turn to attracting Generation Z talents to businesses. So push the smashed…
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Real Estate News
Belle Property opens first projects office with Colin Hatch at the helm
Belle Property has today announced the launch of its first dedicated Belle Property Projects office, the latest venture for the growing real estate brand. Located in Bowen Hills and led by veteran agent and Principal Colin Hatch, the office will be the first of several to be opened across the eastern seaboard of Australia. "There…
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Real Estate News
Raine & Horne wins Hunter local business awards
Raine & Horne Newcastle & Stockton was named the region's "Outstanding Real Estate Agency" as well as "Outstanding Real Estate Agency" in a dual celebration for principals Jason Maxwell, Steve Dick and Jason Morris, who have been business partners for over 20 years. Earlier this year, Raine & Horne Commercial Newcastle was named the global…
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Real Estate News
Ray White joint chairman selling his ‘character home with rural heart’
Ray White Group joint chairman, Paul White, is selling his beloved Clayfield 1930’s-style home called Arlington, named after a western Darling Downs sheep station where he once worked as a young jackeroo. Mr White and his partner Lynne Porcsin have owned the four-bedroom, classic, single storey home on one of Brisbane’s best streets for more than five and a half years.…
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Real Estate News
Rugby royalty Stephen Moore lists his Brisbane home
FORMER Wallabies captain Stephen Moore has decided it's time to sell his near-new inner city contemporary home in Brisbane as the former international says his growing family needs a little more space to kick ball. Just back from Japan where he was cheering on the Wallabies in their Rugby World Cup campaign, the former player…
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