week-47-2019
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TECH + SOCIAL
We’re more connected than ever, but are we better off?
Motivational speaker Jim Rohn famously said, “you are the average of the five people you spend the most time with”. It’s a saying my team has heard me say more times than they can count. The people we spend the most time with shape who we are. They affect our way of thinking, our self esteem and our decisions. While we may think…
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INDUSTRY NEWS
Property at forefront of NSW trillion-dollar future
The Property Council of Australia has backed the NSW 2040 Economic Blueprint released this week, which says creating liveable and connected cities is a key aspiration for the state. The landmark NSW 2040 Economic Blueprint: Investing in the State’s Future presents a 20-year economic vision for the state, predicting New South Wales will be the first trillion-dollar economy in Australia.…
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EPM: Technology & Social
6 tips for property managers to thrive in the customer experience economy
The CX economy is already here. Let’s begin by stating the obvious: the property management industry is in flux right now. Owners have more options than ever and expect more value from property management services as a result. Agencies can no longer compete realistically on price, with margins already wafer-thin across the industry. Add difficult market conditions and marketplace disruption,…
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Real Estate News
20 holiday hotspots primed for price growth
New research has revealed 20 holiday locations poised for growth over the next three years, with East Ballina taking out the top spot with a predicted median house price growth of up to 28 per cent. The analysis by SuburbGrowth.com.au – part of the Select Residential Property Research Group (SRP) – identified suburbs in four states where prices were predicted…
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Real Estate News
Call for government to raise price caps for first home buyers
On of the nation’s most awarded mortgage brokers is calling for the government to lift price caps on first home loan schemes, saying first-time buyers in Sydney and Melbourne might as well not waste their time. Zippy Financial Director and Principal Broker Louisa Sanghera said the property price caps in the First Home Loan Deposit Scheme were set so low…
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Real Estate News
Gold Coast paper names area’s top 10 agents
LJ Hooker Mudgeeraba‘s Braden Lamb has been voted the Gold Coast’s best real estate agent by Gold Coast Bulletin readers. Mr Lamb, who came out on top of the poll of 10 finalists, said his interest in real estate came from an early age as he watched his parents buy, renovate and sell properties, and he went on to buy…
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Elite Agent
Cost of insurance for real estate agents drops
SME retailers and professionals, including real estate agents, have seen price reductions on their Public Liability insurance. The news comes despite inflation and despite the fact prices have remained steady across other products and occupations. In the last quarter, the annual inflation rate in Australia rose to 1.6 percent, with food inflation at its highest in five years and transport…
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Elite Agent
Knight Frank’s top predictions for commercial real estate in 2020 and beyond
The Australian commercial real estate market will see further growth in capital values and strong returns, as the impact of lower interest rates flows through and creates the conditions for yield compression, according to the latest research from Knight Frank. Ben Burston, Knight Frank's Chief Economist said "The Australian economy should gradually regain momentum in 2020…
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Real Estate News
The Agency WA to launch new Wembley office
The Agency Group Australia is further expanding its reach in the Perth property market with the appointment of highly-experienced sales agents and upcoming launch of a new office in the sought-after inner-city suburb of Wembley. Well-regarded real estate agent Paul Tonich, along with his colleagues Corey Adamson, Jon Williams and Luke Martin, have joined the Western Australian team and will…
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EPM: BD & Growth
Jo-Anne Oliveri: Win the cost war
When it comes to your property management business, there are good costs and bad costs. Good costs provide a return on investment (ROI), while bad costs negatively impact your profitability. Here are some of the most common costs and why they are good or bad expenses. GOOD COSTS TRAINING Training is a good cost and a good investment. Effective training…
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Elite Agent
It’s not about you: Four tips for confident presenting in front of an audience
There’s no single thing or magic formula that is a panacea for a lack of confidence when presenting. There are no short cuts, however, I would say that people who lack confidence should consider a change of approach. Begin by writing a slogan in big letters: It’s not about me, it’s all about my audience! And then try the following…
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Elite Agent
Weekend Auction Wrap: Sydney and Melbourne buyers getting aggressive
It was another busy weekend for auctioneers across the country, with the 2,571 homes taken to auction making it the second busiest weekend of the year. Melbourne saw another strong result this weekend with 77 per cent of homes selling based on preliminary clearance data from CoreLogic., while Sydney was also strong coming in at 77.2 per cent. While volumes…
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Real Estate News
REIWA calls on West Aussies to help those in need this festive season
With more than 300,000 people seeking help from The Salvation Army each year during the festive season, REIWA is encouraging West Australians to get behind the Salvos’ Annual Christmas Appeal to help bring holiday cheer to those in need. REIWA President Damian Collins said the holiday season can be especially challenging for those struggling to make ends meet. “This is…
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Real Estate News
Ray White Toowong welcomes new leader
Ray White Toowong has a new Principal at the helm, with long-term local agent Kris Matthews taking the reins of the blue chip Brisbane office. Mr Matthews, who has been with Ray White his entire real estate career of eight years, noted he was excited by the prospect of taking this career step into business ownership. In a stylish transition,…
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Elite Agent
Steve Carroll: Reinventing and reimagining your capabilities
Originally from England, it was Steve Carroll’s lifetime ambition to move with his family to Australia and work in the media industry. At the time, Steve held a position in Europe’s largest media company, EMAP, based in London. Eventually, an opportunity came up in their Sydney office – and when opportunity knocks, Steve answers. He was confident that if he…
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Brand Editorial
The highlight reel from Street MBA Brisbane
Great weather, great food and great company: Street MBA headed to Brisbane in October and it was nothing short of amazing. We visited some of the best in the business: Coronis, Image Property and Place, and the tour highlighted how three very different businesses share common goals and core beliefs. Our largest tour yet made for great company, comprising of…
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Real Estate News
Openn Negotiation doubles bidders and halves time on market for McGrath Geelong
An online sales property purchasing system generating buyer competition and selling properties faster has the potential to “break the industry in half”, according to one Principal using the system. McGrath Geelong Principal Will Ainsworth has sold 18 properties using Openn Negotiation, which enables buyers to submit flexible terms for the vendor’s approval, allowing more people to participate in bidding and…
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Real Estate News
Strategy is key, says winning auctioneer from The Block
When Queensland newlyweds Tess and Luke took out The Block auctions in August, it was largely thanks to experienced auctioneer David Wood. The hockingstuart auctioneer sold the property for an unprecedented $3.62 million – his third win on The Block which he puts down to his market knowledge, buyer profiling and auctioneering style. Mr Wood, who has conducted 3,000 auctions…
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Real Estate News
Top 10 suburbs to retire and build equity
When it comes to their golden years, there are three essential factors retirees should take into account when choosing property, according to RiskWise Property Research. RiskWise CEO Doron Peleg said lifestyle, relative affordability and building equity should all be considered by those leaving the workforce behind for the easy life. And a RiskWise analysis has…
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Real Estate News
REIQ opposes Queensland rental reforms
The Real Estate Institute of Queensland has strongly opposed the state’s proposed new rental reform laws, claiming they are a “slap in the face to every day mum and dad property owners” and would “significantly damage” the Queensland rental market. The REIQ claimed stage one of the proposal, announced last Friday by Housing Minister Mick de Brenni, would see renters…
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Thought Leaders Podcast
Competition, Transparency and Social Proof: Will Ainsworth
“The only people that will succeed at Openn Negotiation are honest real estate agents, for starters. There’s more work involved in this process than there is under the traditional selling methods, so it does take a bit of time, but once you master it, it’s quite an easy process.” – Will Ainsworth Download the action guide…
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Real Estate News
Real estate industry property and media stars recognised at AREAs 2019
Recognising industry excellence and best practice, 21 awards were presented across the categories of Innovation, Service & Marketing Excellence, and Community. Gold AREA awards were presented to outstanding individuals and agencies changing the game in property. (More photos below story) 1 2 3 4 5 Gold AREA award winners: Residential Agent of the Year – Holly Komorowski, home.byholly, ACT Commercial…
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Real Estate News
Victorian land values skyrocketing
Real Estate Institute Victoria President, Leah Calnan says said, Victoria is a great place to invest with land prices having soared since 2014. A recent analysis by the REIV on land values over the past 5 years has confirmed that Victorian property continues to go from strength to strength. Over the same period, the median property size has dropped slightly,…
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Real Estate News
Domain launches app to help owners track property demand
Owning a home can be stressful. Should you rent it, sell it or just sit tight? Today, this decision has become easier with the launch of Domain for Owners.This feature from Domain lets owners see current, personalised information including demand for properties like theirs, how it has changed over time and its estimated value, all with…
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