INDUSTRY NEWS
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First home buyers could turn to rentvesting in Sydney and Melbourne
Priced out of the major cities, first home buyers could choose to rentvest in what’s becoming a more popular option according to new analysis.
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Domain to buy Realbase as it scales holistic solution for agents
Real estate listings portal Domain has agreed to buy campaign management platform Realbase for $180 million.
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Sydney and Melbourne markets swing in favour of buyers
A two-speed Australian property market has started to emerge as demand for real estate in Sydney and Melbourne wanes, new data shows.
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PropertyMe celebrates 5000 clients
PropertyMe has this month secured its 5000 client. Doyle Spillane on Sydney's northern beaches brings a further 30 agents and 1100 properties onto the platform.
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New pact to increase women in property ‘tough spots’
A coalition of the property sector's most powerful executives has announced a new initiative designed to ensure women play a meaningful role in major leasing and capital transaction assignments.
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Only one-third of WA tenants get their whole bond back
Little more than 30 per cent of Western Australian tenants received their entire bond back at the end of their tenancy, new data shows.
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Amazon Prime announces season 3 of Luxe Listings Sydney
With season 2 of Luxe Listings Sydney set to air on Friday, Amazon Prime has announced season 3 of the hit series will launch later in 2022.
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What’s good and what’s not in the 2022 Federal Budget
Tuesday's Federal Budget had an overarching theme of reducing the cost of living and come Wednesday morning the real estate sector weighed in what it liked and didn't like about Treasurer Josh Frydenberg's balance sheet.
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Kylie Walsh celebrates first anniversary of REGROWTH with triple treat hire
On the first anniversary of REGROWTH Coaching and Consultancy, Founder Kylie Walsh has named two new directors and a business manager to help facilitate demand and continue a strong growth trajectory.
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Jenkins & Co Property Tasmania launches in Launceston
Jenkins & Co Tasmania has launched in Launceston with the arrival of the boutique brand coinciding with the expansion of UrbanX into the state. After 16 years in the industry, working under the traditional franchise model, Phillipa Jenkins made the decision to launch her own brand, and stand out from her competition, with the support of UrbanX. As the owner…
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Taney Jain: how to become a prospecting and appraisal generating machine
Making rejection your new best friend was just one key piece of advice award winning Reliance Manor Lakes Director Taney Jain imparted in a recent webinar presented by RiTA. A past AREC speaker and Real Estate Institute of Victoria Salesperson of the Year in 2021, Mr Jain explained why “prospecting is the oxygen” for the real estate industry. He also…
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What’s in the budget for real estate
In a federal budget that was as much about a pending election as it was an economic update, Treasurer Josh Frydenberg has pledged to deliver a stronger economy and future for Australia.
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One in three borrowers on the brink of financial stress
Borrowers are starting to feel the pinch of rising living costs, with one in three now on the brink of financial stress, according to new data.
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REIQ calls for help for property managers
The Real Estate Institute of Queensland (REIQ) is calling for better support for property managers who are struggling to deal with the ongoing pressure caused by the tight rental market and recent flood events.
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NZ first home buyers struggling to get a mortgage
First home buyers in New Zealand are struggling to get a mortgage with tighter lending requirements and rising interest rates squeezing borrowers, according to a leading expert.
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Sydney and Melbourne see growing demand for CBD offices
The Sydney CBD office market has seen office investment double in the past 12 months, as demand for office space in Melbourne also remained strong but steady.
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Sharon Fox-Slater: What to do before and after a flood
Severe flooding has devastated parts of south east Queensland and northern New South Wales. So how can PMs prepare properties and landlords?
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REIA welcomes the opposition’s regional focus
The Real Estate Institute of Australia (REIA) has welcomed the focus on regional living with the announcement the Leader of the Opposition wants to provide 10,000 places within the First Home Loan Deposit Scheme (FHLDS) for regional Australians living in communities for 12 months or more.
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Home Guarantee Scheme to be continued and expanded
First home buyers will continue to get assistance entering the property market from the Federal Government, with the announcement that the home guarantee schemes will be continued and expanded.
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QLD industrial market to remain strong despite flooding
Despite floods impacting a huge portion of south east Queensland, the roaring industrial property market is likely to remain strong according to a leading expert.
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Realtair strikes strategic partnership with Tom Panos
End-to-end digital platform provider Realtair and real estate influencer Tom Panos have struck a new partnership which will see one of the industry’s leading trainers leverage Realtair’s all-encompassing agent services platform to guide the agents of today and tomorrow.
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Sales by auction have doubled in the last decade
The popularity of auctions continues to grow, with the number of homes sold via the auction sale method doubling in the past decade.
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Preliminary clearance rate dips on the back of higher auction volumes
The preliminary clearance rate fell to its lowest rate of the year so far on the back of increased auction volumes this week.
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Hard work and dedication pay off for 2021 AREA winners
Happy clients, excellent results and self-betterment are high on every real estate agent’s agenda.Â
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Voters worry young people won’t be able to buy a home
Nearly three quarters of voters fear young Australians will never be able to afford a home according to new research.
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Why Australia’s top performers are switching to Market Buy
What do Chris Gilmour, Cara Bergman, Mark McGill, Jo Mooney and Brett Andreassen have in common?
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Homebuyers cautious of potential natural disasters when moving to regions
Three-quarters of Australians would consider moving to a large regional centre under the right circumstances but are wary of the risk of extreme weather events, according to new research.
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Real estate’s night of nights – all the AREAs winners
DiJones taking out Residential Agency of the Year for the second year in a row.
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The Sydney suburb that is Australia’s tightest housing market
North Sydney is the most undersupplied market in Australia with ‘extraordinarily low’ inventory levels making life tough for buyers according to new analysis.
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Young Aussies stuck living at home longer
The rising cost of housing around the country is forcing young Australians to stay at home longer with 25 per cent of millennials still stuck with their parents after turning 30.
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Agents achieve career-best year with eXp Realty
There’s an old saying that posits, ‘What a difference a year makes’, and that’s certainly proved true for Leigh Martinuzzi since he joined eXp Realty.
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First home buyers forced to save for 11 extra months to afford a home
Average couples are now forced to spend 11 additional months saving for a deposit to afford an entry-level house compared to the same time last year according to new research.
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Sydney second to Hong Kong as world’s least affordable property market
Sydney has been named the second most unaffordable housing market in the world according to new research.
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Investors should look to capitalise on rising listings
Buyers should look to capitalise on slowing market conditions and take a long-term approach to investing according to a leading buyers agent.
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Real estate farewells industry icon Bart Doff
Tributes are flowing in for long-time Laing+Simmons Double Bay principal and industry icon Bart Doff, who has passed away.
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