International
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RESAAS teams up with BoxBrownie.com
RESAAS Services Inc, a technology platform for the real estate industry, is pleased to announce a partnership with BoxBrownie.com. BoxBrownie.com is an award-winning real estate image enhancement company. It provides ondemand professional photo editing services to real estate agents worldwide. Under the terms of the agreement, signed on January 16, 2020, RESAAS will sell photo…
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“Aussie” Harcourts Auctions to launch in San Francisco
Harcourts International has announced the launch of Harcourts Auctions in the San Francisco Bay area. Previously only available to Harcourts, this move will mean the Harcourts Auctions platform will now be a service model available to all brokerages and brands within the Northern California region. Known for changing mindsets when it comes to the concept…
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Ray White’s 2019 Elite Conference looks to the future
This year more than 130 Ray White Chairman’s Elite and Elites jetted to Bali for their annual retreat, but this year, the agenda was developed by the group’s high performing members. Ray White Head of Performance Management Adam Downes surveyed the elite sales people before the conference to determine which topics of discussions were prioritised.…
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Real Estate of Origin drives almost 7500 new appraisals
In less than four hours, Ray White agents this week drummed up 7401 extra appraisals across Australia and New Zealand, actively demonstrating how the leading group knows how to both harness its scale and have some fun along the way. Ray White’s inhouse tech team created a purpose built media room in the NSW Corporate…
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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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Matterport announces AI capabilities that will turn smartphones into 3D capture devices
Spatial data company, Matterport, has announced its latest breakthrough, Matterport 3D Capture for Smartphones, which will turn consumer smartphones into 3D capture devices. The capability, which was demonstrated for the first time recently at an invite-only event at San Francisco’s most exclusive property – Residence 950 – will support iPhone and Android devices. The first iPhone version…
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Guesty partners with Lugless for friction-free holiday baggage handling
Guesty, the property management platform that simplifies the complex operational needs accompanying short-term rental management, today announced it has raised $35M in Series C funding, led by Viola Growth with participation from Vertex Ventures, Journey Ventures, Kingfisher Investment Advisors, La Maison Compagnie d'Investissement and existing investors, TLV Partners and Magma Ventures. The round more than doubles the company's…
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Which cities worldwide are at greatest bubble risk?
A global study of real estate bubbles has revealed a bubble risk or a significant overvaluation of housing markets in half of all evaluated cities. Bubble risk appears greatest in Munich, followed by Toronto, Hong Kong and Amsterdam, according to the UBS Global Real Estate Bubble Index 2019, a yearly study by UBS Global Wealth…
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Harcourts International strengthens leadership with new CEO appointment
Global real estate franchise group, Harcourts International, today announced the appointment of Steve Caradoc-Davies as Chief Executive Officer to lead the 132-year-old company into the next era. Mr Caradoc-Davies will take over leadership of the 900-office network and approximately 10,000 team members in nine countries, from Mike Green, who takes on a new focus within the business. Both…
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Belle Property joins invite-only global property platform
Belle Property has gained exclusive membership to the invite-only global sales network, Leading Real Estate Companies of the World (LeadingRE) and Luxury Portfolio (LPI). LeadingRE is an international real estate community of more than 500 real estate companies awarded membership based on rigorous standards for service and performance. With 4,300 offices and 130,000 sales associates…
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PropertyGuru planning Australian IPO
Southeast Asian online realtor PropertyGuru Group is said to be planning to list on the ASX in the coming months. PropertyGuru operates real estate classifieds sites in Asia as well as a number of other property related businesses. The company is one of Southeast Asia's leading online property groups and operates in Singapore, Vietnam, Thailand,…
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New Delhi conference proves huge business platform for RE/MAX
An Australian-New Zealand contingent has recently returned from the fifth annual Asia Pacific Convention for the global real estate giant, RE/MAX, which took place in New Delhi, India from August 19 to 21. RE/MAX Australia and New Zealand managing director, Michael Davoren, said the event represented a continued building of relationships. "After a succession of…
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The Harcourts Foundation reaches $6 million milestone
The Harcourts Foundation, the charitable arm of Harcourts, has reached the milestone of $6 million raised since its launch in 2008. That translates to 732 charities supported, 356 communities impacted, and over 970 grants made through Harcourts offices in New Zealand, Australia, South Africa, and the USA. Key community issues such as homelessness, domestic violence, hospice care, education, healthcare,…
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realestate.com.au launches first-to-market content in app
realestate.com.au today launched content in app, a first-to-market experience allowing users to access property news, data and insights within the realestate.com.au app. The experience is now live on the realestate.com.au iOS app, with Android users receiving the update from next week (Monday 19 August). With over 29 million launches of the app every month, a…
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Rockend acquired by global software provider
MRI Software (“MRI”), a global provider of real estate software solutions has acquired Australian market leader Rockend. For MRI the acquisition expands their offering in the Australia and New Zealand markets, bringing with it more than 6,000 clients and 750,000 strata lots in the residential property management rental and strata sector. “Acquiring Rockend represents a…
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Chinese real estate heavyweights set to merge
Leading Chinese real estate companies Juwai.com and IQI Global are set to combine their forces to create Asia’s largest real estate group. The company will focus on advertising and marketing new development properties from across the globe, and is the first type of collaboration of its kind. Juwai.com is the No. 1 Chinese international property…
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Co-living operator secures $55 million Series B funding to accelerate growth across APAC
Singapore headquartered co-living operator Hmlet has raised $55 million in a Series B round, which will allow the company to accelerate expansion across Asia-Pacific and continue bridging gaps in demand for affordable, flexible and secure housing across the region. The round was led by Burda Principal Investments, with participation from existing investor Sequoia India and…
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Alexa, find me a realtor (and help me move in)
Amazon.com made a move into the real estate business announcing a partnership called Turnkey with US Real Estate Group Realogy (NYSE: RLGY). The collaboration is intended to seamlessly connect consumers wishing to buy a home with making it home. The program hand matches a real estate agent from one of the Realogy Brands to buy…
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One Agency appoints three offices in Fiji
Rapidly expanding Australasian network One Agency has announced the appointment of Bayshore Real Estate Fiji’s three offices to their network – the brand’s first members in the Pacific Islands. The association was confirmed at Bayshore’s annual awards dinner in Lautoka, attended by and the brand will be rolled out in Nadi, Lautoka and Suva over…
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Ten NZ property market predictions for the rest of 2019
New Zealand's residential property sales activity looks set to tick along at the same controlled pace in the second half of the year as it has in the first, with average values growing in a restrained fashion. Other key factors to watch over the rest of 2019 include policy decisions from the Reserve Bank (e.g…
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Brisbane agent ranked 9th commercial agent globally
An impressive 30 entries from Australia and New Zealand have made real estate giant RE/MAX's Global Top 100 lists for the 2019 first quarter, with one Aussie agent ranking in the top 10. Brisbane-based commercial real estate specialist, Deepen Khagram came in at ninth spot in the Global Top 100 Commercial Agents list. Mr Khagram specialises in…
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RE/MAX announces its top global performers
Global real estate giant, RE/MAX, has just announced its top performers for the 2019 first quarter, with a staggering 30 entries from Australia and New Zealand in the Global Top 100 lists. “Here the designation ‘Global’ represents all agents outside of the United States and Canada,” explained Michael Davoren, Managing Director of RE/MAX Australia and…
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Juwai.com partners with Archistar to launch Property Feng Shui Reports
Juwai.com has launched a new service in partnership with Archistar offering Chinese real estate buyers the option of analysing the floor-plans of potential acquisitions for Feng Shui. Archistar is an Australian Proptech startup, responsible for creating and operating a Feng Shui analysis feature that assesses floor-plans and provides insights and design recommendations. To celebrate the launch,…
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Hello Alfred, can you find me a cleaner?
Everyday we hear about a new platform which is leading the charge in making property management easier. Earlier this week, Hello Alfred announced an in-app assistant program which sets up building managers to a range of services for easier up keep. The Hello Alfred app provides apartment residents with on-request services from cleaning, grocery delivery,…
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What US$1 million buys you around the world: Knight Frank
The Wealth Report 2019, released this week by Knight Frank, reveals how much US$1 million can buy in prime cities around the world. The aim of the report is to approximate values for luxury properties globally, the study compares how many square metres of luxury internal floor space can be purchased with US$1 million as…
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OBrien Real Estate celebrates cultural diversity in the industry
Melbourne-based OBrien Real Estate, a boutique agency with a 27-office network of over 300 people, is strong on multiculturalism. On 21 March 2019, the group celebrated its diversity with a meeting recognising an important part of the group's uniqueness. It was a special time to come together to appreciate one another’s values and differences. "The…
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Realogy named in world’s most ethical companies
Realogy Holdings Corp. (NYSE: RLGY) has been recognised by the Ethisphere Institute a global leader in defining and advancing the standards of ethical business practices, as one of the 2019 World's Most Ethical Companies®. This is the eighth consecutive year in which Realogy has been recognised among 128 companies to be honored by Ethisphere spanning…
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Reinventing residential rentals: Tina Grey
Every now and then in your career, you may be fortunate enough to work on a project that is truly special. A body of work that not only stimulates you but has the potential to change the very face of the industry you are so passionate about. I am living one of those moments right…
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Harcourts and Glen Coutinho to open flagship office in Beverly Hills, Los Angeles
Harcourts International has announced the expansion of the growing Harcourts USA network. Global real estate pioneer Glen Coutinho has joined the Harcourts USA team as Director of Growth & Training, for the Pacific Region, and will become owner of a new office in Beverly Hills. “We are very pleased to welcome Glen to the Harcourts group,”…
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Chinese investment in Australian property to stay strong in 2019 as buyers look to ‘grab a bargain’
Juwai.com has released the Australia 2019 Outlook for Chinese Residential Real Estate Buying, which shows that 2019 will continue the strong outlook for Chinese investment as buyers are attracted by dropping prices in key markets. According to the report, Chinese buyers will be bolstered by strong Chinese wealth growth and the desire to get a…
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Purplebricks changes tactics in US, takes on traditional fee structure
Fixed-fee agency Purplebricks has announced a change to its US business model, switching to a varied listing fee structure which will only be charged when a home is sold. The new approach for the network will launch this week and aligns the business with a more traditional agency model. “These changes have been informed by…
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Australia named second least-affordable housing market in the world
The 15th Annual Demographia International Housing Affordability Survey shows Australia as the second most unaffordable market for housing, with New Zealand coming in third. The survey uses a measurement of ‘median multiple’ to rank affordability, which is found by dividing median house price by gross annual median household income. This method is the same favoured…
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Crown Residences at Barangaroo, Ironfish, ArchiStar and BC Securities Win Chinese Global Choice Awards from Juwai.com
Australian companies Crown Residences at Barangaroo, Ironfish, ArchiStar and BC Securities were four of the most notable among the 20 of the world’s very best China-focused real estate marketers who were named as winners of the Global Chinese Choice Award by Juwai.com at a gala black-tie dinner event in Shanghai on Wednesday, 5 December. The…
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Airbnb set to start designing houses in 2019
Airbnb has announced they will begin building their own prototype homes in 2019 through a new project called Backyard. The short-term letting platform, which arguably kicked off the self-managed short-term letting craze, already has a global network of more than five million properties and is estimated to be worth approximately $38 billion. According to a…
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Greg Paramor AO Joins Board of Directors at Juwai.com
Greg Paramor AO will join the Board of Directors of Juwai.com as a non-executive director from 1 December 2018. Mr Paramor has been involved in the real estate and funds management industry for more than 40 years. He is former CEO of Mirvac Group, past president of both the Property Council of Australia and the Investment Funds…
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