INDUSTRY NEWS
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Live digital signboards come to real estate
Innovative new outdoor advertising solution, Cody Live, has launched the first live digital StoryBoards for the real estate market, and are looking to shift the way Australians sell their properties. Cody Live was founded by sign guru Pierce Cody, formerly CODY Outdoor, now APN Outdoor. Cody Live StoryBoards are the first signage for real estate that operate with cutting-edge wireless technology,…
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AgentMail Launches Design Service
Real estate marketing company AgentMail has launched a new business focused on graphic design. The model differs from the normal ‘per hour’ format in that a monthly subscription covers all of your design needs – everything from DL cards, A4 flyers and business cards, right through to banners, billboards and vehicle signage. Co-founder Carl Quested explains, “It was frustrating having…
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REA Group Announces the Annual REA Excellence Awards
New industry awards set to highlight the best partners from property and media. REA Group this week announced a unique awards program that for the first time will honour the most innovative, community-minded and highest-achieving individuals and businesses across the property and media industries. The inaugural Annual REA Excellence Awards (AREAs), to be held in Spring this year and hosted by…
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The Smart Way to Buy Properties for Renovation
Buying a property with the intention to renovate is a lucrative option to save money upfront whilst still owning your ideal property. With many television shows recently focusing on the benefits of renovating existing properties, it is easy to overlook the potential risks. As with all things property, research is the key to renovator success. Properties that generate the highest…
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Wise Help for Subdividing Land
Subdividing land is becoming increasingly common in inner city suburbs around Melbourne. Investors list the use of existing land, potential for higher collective financial return, and the ability to keep one or more properties and sell remaining dwellings, as the most appealing benefits of land subdivision. However, potential difficulties easily arise. Wise Real Estate Advice enhances the subdivision experience from…
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The Advantages of Buyers Advocates
Buyer’s advocates are commonplace in America and the Australian market is just starting to recognise their value. With property prices soaring to all-time highs and auctions demolishing reserves, Australia buyers are starting to identify the beneficial options buyer’s advocates provide. Through skilled purchasing, buyer’s advocates make sure clients don’t pay over market value for their ideal property. The advantage of…
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House Estate Agents Toowoomba Join Forces with Coronis
Toowoomba’s powerhouse real estate agency, House Estate Agents, has merged with Coronis, one of Queensland’s largest real estate businesses, to offer the local market an award winning end-to end service that incorporates sales, property management, financial services, conveyancing, wills and estate planning and building and pest. Managing Director of Coronis, Andrew Coronis said, “With major infrastructure investment like the Toowoomba Second Range Crossing, rejuvenation…
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One More Step
To celebrate her recent Editor of the Year award (Business) and several years working together, magazine Sub-Editor Jill Boniface stepped up into the driver’s seat and turned the tables on Editor Samantha McLean – and the interviewer got interviewed. The agreement was no question off limits, including centrefolds, goals and how the tough editorial decisions get made. Here is how the…
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Is There More To Utility Connection Services Than Meets The Eye?
IN 2013, UTILITY CONNECTIONS COMPANY YOURPORTER launched as the only real estate industry-based connections company. We spoke with Tony Zarka, the General Manager of YourPorter, to find out more about how real estate offices can use the service to enhance their service offering and grow their business. TWO YEARS AFTER its launch, YourPorter is still the only connections company in…
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Fine & Country Launches in Australia
Fine & Country began as a family owned and run business and, although it is now a global brand, the company has retained its family values at the core of its business ethos. Malcolm Lindley began his career in property when he founded the Guild of Professional Estate Agents in London 30 years ago. The Guild was set up to…
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Westpac launches Wonder – innovative technology to calculate equity
Westpac has this week announced Wonder, revolutionary customer-centric technology that is set to change the way home buyers; home owners, upgraders, investors and renovators view the equity in their property. Wonder, which is accessed through Westpac Live online banking, allows eligible customers to see the amount of equity in their property and equips them with knowledge and the confidence to reach…
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Michelle Bridges to Lead High Impact Event
Australian fitness guru Michelle Bridges will head a stellar line-up of inspirational speakers at the sixth annual List, Sell, Negotiate event. Hosted by high-performance real estate speaker, trainer and coach Josh Phegan and top auctioneer Damien Cooley from industry- leading Cooley Auctions, the event gives real estate agents the chance to reinvigorate and fuel themselves for success in 2016. “List,…
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REIQ Summit Offers Secrets of Success
The REIQ Summit is a two-day conference that no real estate professional can afford to miss – with an array of spectacular speakers who will inspire, provoke and galvanise. Day two of the conference is focused on the whole real estate profession and will be headlined by the US queen of real estate, Dolly Lenz. Fresh from selling Rupert Murdoch’s…
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Elizabeth Taylor’s Jewellery used as a Lure in Property Marketing Campaign
A rare opportunity exists not only to secure this 5 year old beachfront home in Coffs Harbour, but also what some would say a once in a lifetime offering to own a collection of rings once belonging to the Hollywood icon Elizabeth Taylor. The property’s owner bought the collection of four rings from the landmark auction of The Collection of…
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Interest Rates – How Low Can They Go?
IN FEBRUARY THIS YEAR the Reserve Bank of Australia once again lowered the cash rate by 25 basis points to 2.25 per cent, the lowest we have seen since the 1950s. Some economists say they would not be surprised if we see the cash rate fall to 1.5 or 1.75 per cent. RIGHT NOW IN AUSTRALIA, the available information suggests…
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Putting affordability Front and Centre
NEWLY ELECTED REIA boss Neville Sanders discusses the goals for the national body in 2015. FIRSTLY, I AM VERY humbled to be in this role at what is a very important time for the sector. In 2014, REIA advocated strongly on critical issues nationwide, including housing affordability, the loss of first- home buyers from the market and foreign investment in…
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School Zones – is the home you want to buy in the right school catchment area?
Real estate agents say securing a home within a boundary to a high performing school can add hundreds of thousands of dollars to a purchase price. Many buyers now say, “Zone first, postcode second”. To help assist property searchers, Domain has now launched the new Domain School Zone feature where parents can search for their property knowing which school catchment…
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Findings On Foreign Investment In Australian Residential Real Estate
FEDERAL TREASURER The Hon Joe Hockey MP asked the Parliamentary Committee in March last year to inquire into and report on the level of foreign investment as it applies to residential real estate. ACCORDING TO FOREIGN Investment Review Board (FIRB) statistics, in the first nine months of FY 13/14 the FIRB approved foreign investment into residential property in Australia of…
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Regional Queensland Set for Growth as Southeast Real Estate Continues to Strengthen
Real estate markets in regional Queensland are gearing up for growth in the wake of a strengthening property market in the Southeast, according to the Real Estate Institute of Queensland (REIQ). The REIQ Queensland Market Monitor (QMM) for the September Quarter 2014 shows the state’s key regional centres are beginning to reap the benefits of growing buyer confidence heading into…
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Century 21 North Western Goes Pink for a Cause
The most famous real estate jackets in the world turned pink in October for an Australian-led initiative aimed at raising awareness and funds for the Cancer Council’s ‘Pink Ribbon’ campaign. For Ruma Mundi, Principal and Director of CENTURY 21 North Western, the most eye-opening part of the process has been the amazing response from staff and clients. “Staff have completely…
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View From the Top
ANTONIA MERCORELLA, THE NEW CHIEF EXECUTIVE of the REIQ, discusses her priorities for real estate in Queensland and her vision for her new role. REAL ESTATE IS a fast-moving game and modern agents need to devote considerable time and energy to keeping pace with the changes taking place in our profession. Technology is constantly on the march, performance measures are…
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Real Estate Sales Hit Decade High, Values Soar
Residential real estate sales in Brisbane have hit their highest level this decade amid rising median house values in many parts of Queensland, according to the Real Estate Institute of Queensland (REIQ). REIQ CEO Antonia Mercorella said sales volumes in some of the state’s key regional markets had also hit a post-2010 peak, with accompanying rises in median house values.…
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The Blue Lunch Raising Funds for Sydney Children’s Hospital, Randwick
On Friday the 17th October, Highland Property Agents hosted our event of the year, The Blue Lunch at Sealevel Restaurant, Cronulla which was held in support of The Sydney Children’s Hospital Foundation. Raising over $16,000 for Breast Cancer at our annual event last year, we set the bar even higher this year, with a clear aim of raising over $100,000…
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Entries Now Open for Queensland’s Best Real Estate Report
The Real Institute of Queensland (REIQ) is seeking entries for Best Real Estate Report as part of its 2015 Awards for Excellence. REIQ Acting CEO Antonia Mercorella is urging journalists to get involved in the competition which will see the winner announced at a gala Brisbane event in February. ‘‘These awards are the most prestigious real estate event in Queensland,…
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Homegrown Property Intelligence
nearmap Property brings an alternative to the established players in the property market with a powerful interactive suite of visual and analytical property intelligence tools. nearmap Property features two products, an Agent Reporting Tool called ART and a property add-on for nearmap’s MapBrowser. ART is a nation-wide CMA Report generation tool, enabling real estate agents to produce instant customised reports,…
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Australian Entrepreneurs Revolutionise PNG Real Estate
Papua New Guinea’s real estate search has moved online thanks to some local and Australian entrepreneurs. In March 2014 the real estate portal www.hausples.com.pg (pidgin English for ‘house place’) was launched and it has already gathered a lot of momentum with over 9,000 Facebook followers and major site sponsorship from the Bank of South Pacific. Hausples.com.pg CEO Brian Byer explains…
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Elite Agent TV: More AREC Takeaways!
Top tips from AREC14 from LJ Hooker Agent Nyree Ewings.
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REINSW Applauds ACT Budget, Stamp Duty Cuts, Over 60s Incentives
The New South Wales Government should follow the lead of the Australian Capital Territory which has reduced its tax rates for transfer duty and brought in incentives for over 60s, according to the Real Estate Institute of New South Wales. On Tuesday 3 June 2014, ACT Treasurer Andrew Barr announced as part of the 2014-15 Budget, reduction in transfer duty…
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What does $1m buy around the world?
As the price of property continues to increase in Australia, an increasing number of buyers are looking offshore to invest in real estate, and there are many options to explore. The value of the dollar stretches much further in some regions than others. A small unit in London will run about a $1m where as for the same price you can buy…
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Construction set to begin on Brisbane’s Proximity Hamilton
With 57 apartments worth $26.4 million now sold, construction is set to begin on Brisbane’s latest luxury apartment development, Proximity Hamilton. The developers, Oakstead Investments, today announced that earthworks would start in June 2014 with the 24-month build scheduled for completion in mid 2016. Designed by celebrated Brisbane architects Cottee Parker, Proximity Hamilton is a stunning 14-storey, 127-apartment tower in…
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realestate.com.au launches neighbourhoods
realestate.com.au has unveiled rich, in-depth content and imagery on Australian suburbs at realestate.com.au/neighbourhoods. Neighbourhoods now helps consumers understand the lifestyle, people, typical streets and day-to-day activities and amenities an area has to offer, to enable them to find out if a suburb meets their lifestyle needs. For example, Prahran in Melbourne is described as “a blend of glamorous South Yarra…
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Property Industry Charity Launches Young Leadership Program
A PROPERTY and construction industry charity aimed at helping to combat youth homelessness will launch its young community leadership program for its Queensland branch in Brisbane on April 3. With a swag of Queensland industry heavyweights already behind it, the Property Industry Foundation wants construction and property players big and small to lend a hand. Established in NSW almost 20…
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Nextplace Launches Real Estate Matching Website
A fast growing tech start-up has today launched Australia’s newest online matching service for property owners and real estate agents. Nextagent.com.au allows residential and commercial property owners to list their home or business for free. Real estate agents pitch to sell or lease the home or business on the owner’s behalf. Property owners then choose the most suitable agent based…
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Rent or buy? It’s a question of affordability
Whether to rent or buy has long been an issue of contention amongst younger generations. Despite recent research underlining that Australians are likely to pay almost the same cost to buy a home compared to renting for the next 30 years, the number of first home buyers is at a historical low in Australia. John Edwards from onthehouse.com.au looks at…
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Sydneysiders Want Progress on Housing Affordability
Sydneysiders are desperate for improvements on cost of living, housing affordability and the city’s mobility, according to a new survey of its own residents. The Property Council of Australia today released the latest results from My City: The People’s Verdict – a national poll that tests views on the liveability of our cities. The survey, now in its fourth year,…
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