INTERNATIONAL
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OpenAI’s ChatGPT Plus revolutionises user experience with 70+ powerful plugins
OpenAI has unleashed a suite of more than 70 third-party plugins for its ChatGPT Plus users to visualise and analyse data, parse website content, ask PDFs questions, help them househunt and even assist them to learn foreign languages.
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Market downturn sees eXp World Holdings revenue and profits fall
eXp World Holdings, the parent company of virtual real estate brokerage eXp Realty, has announced its financial results for the first quarter of 2023 with significant drops in revenue and profit.
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Redfin joins the AI race – launches chat-based search plugin
The AI race is well and truly on in the US with real estate brokerage Redfin launching a ChatGPT plugin just days after Zillow did the same.
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Zillow launches ChatGPT plugin for seamless house hunting.
Buyers will no longer have to fall down the endless scroll hole when searching for a property in the US, with Zillow launching a game-changing plugin that will transform the house hunting experience.
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Technology and digitisation to disrupt 23 per cent of jobs
Almost one-quarter of jobs will be disrupted in the next five years, with technology and digitisation fuelling the fastest growing and declining roles.
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Zillow CEO to be questioned in rival’s antitrust lawsuit
Seattle-based real estate platform, REX - Real Estate Exchange, has been granted permission to question Zillow Group Chief Executive officer Rich Barton in the company's antitrust lawsuit against Zillow and the National Association of Realtors (NAR).
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Discovering the power of saying ‘no’ and living in the present moment: a journey of hope and charity
Learning to appreciate the present moment, zeroing in on what’s truly important and not putting all of your eggs in one basket are just three of many lessons Hayley Mitchell and John McSpedden took away from the most recent Digital Live Charity Ride in Thailand.
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House hunting just got smarter: AI Dream Home helps buyers bring their imaginations to life
US-based listings portal realtor.com has unveiled an innovative, AI-powered property search platform that allows buyers to render their ideal home.
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Is the shine starting to come off Airbnb?
The lustre of the short-term rental platform, Airbnb is starting to wane with a new report showing superhosts are leaving and starting their own platforms.
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Luxurious Bali apartment complex to feature world’s largest rooftop pool
A premium residential complex in Bali is set to create a new standard of luxury living, featuring the world’s largest rooftop pool.
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The Aussie real estate magnates among Forbes’ top billionaires
Eight Australia real estate and property development magnates have made Forbes’ annual World Billionaires List for 2023.
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Sydney ranks 6th for luxury property rental growth
Prime rents in Sydney surged 6.7 per cent in 2022, placing the city at number six on the list of luxury property markets.
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New Zillow filter helps buyers stay on budget
US-based real estate marketplace Zillow has launched a new search tool that enables buyers to look for properties based on what they can afford to pay per month.
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Ryan Serhant expands into six new markets
While other US brokerages have been cutting back amid a widespread market slowdown, celebrity agent Ryan Serhant has been busy expanding.
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Tiny but mighty Auckland home goes to auction
Cute and compact, this tiny Auckland home was on-trend long before 'tiny homes' officially became cool.
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Bombshell US court ruling could see agents forced to reimburse sellers
An explosive court ruling in the US has opened the door for potentially millions of sellers to seek to be reimbursed for commissions paid to buyer's agents between 2015 and 2020.
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Banking crisis could see reduced investment in Australian property
The turmoil across the US and European banking sector could see reduced investment in Australian commercial and residential property according to an expert.
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PMVA secures six-year lease with Clark Global City
Property Management Virtual Assistant (PMVA) has extended its lease with Clark Global City for six more years, allowing the company to improve its market-leading services even further.
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Emily Blunt and John Krasinski’s Hollywood Hills home back on the market
The former Hollywood Hills home of celebrity couple Emily Blunt and John Krasinski is back on the market and up for grabs for US$6 million.
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Virtual agency eXp Realty dominates the RealTrends 500 list
Virtual brokerage eXp Realty has dominated the 2023 RealTrends 500 list after closing the most transaction sides in 2022 and being ranked the No. 1 Public Independent in the US.
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Pride and Prejudice author Jane Austen’s longtime UK estate listed for $10.43 million
The longtime estate of Pride and Prejudice author Jane Austen has officially hit the market in the UK and is listed for sale for US$10.43 million.
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Royal residence in London up for sale for $48 million
A grandiose royal residence in London is on the market for the first time in 30 years and could be yours for $48 million.
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Global banking instability on the RBA’s radar
Instability in the global banking sector could cause the Reserve Bank of Australia to think more carefully about raising the cash rate next month according to a leading economist.
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Trainspotters: Scottish converted railway station hits the market
If you’re a railfan or trainspotter, your love of trains is likely something that has been with you since you were just a child.
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SVB collapse could be good for Aussie home owners
The collapse of Silicon Valley Bank in the US could spell good news for Australian mortgage holders, with one expert saying the RBA could pause interest rates as a result.
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Vanderbilt mansion spanning two towns sells for $8 million
Vanderbilt Berkshires Estate, one of the most iconic homes in the famous Berkshires in Massachusetts has been sold to a real estate developer for US$8 million and is slated to be turned into a luxury resort.
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Ray White Real Estate of Origin nets 6600 appraisals in less than a day
Ray White’s 11th Real Estate of Origin call-a-thon hit a new level this week, with more than 6600 appraisals booked across Australasia. Powered by the group’s PropTech platform, NurtureCloud, the four-hour blitz saw Queensland win bragging rights, with 2786 appraisals booked, followed by New Zealand with 1507 appraisals scheduled. NurtureCloud uses machine learning, data automation and market intelligence to help…
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The real estate fallout from the Silicon Valley Bank collapse
Silicon Valley Bank, America’s 16th largest bank and a large source of funding for some prominent PropTech companies, has been dramatically shut down by regulators after depositors began pulling out their money.
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US market down $2.3 trillion since peak
New figures from Redfin show the US housing market has lost 4.9 per cent, or US$2.3 trillion, in value since its peak in June.
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2023 ARERA winners announced
The winners of the annual Australasian Real Estate Results Awards (ARERAs), an initiative of the Real Estate Result Network, have been announced.
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MRI Software completes PropTech Group acquisition
MRI Software has completed its $93.4 million stock acquisition of PropTech Group.
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How a fake Rolex set Ryan Serhant on the path to success
Real estate mogul Ryan Serhant has revealed how a fake Rolex watch changed his life by giving him the confidence he needed to succeed in the competitive property industry.
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Ten Sixty launches in New York with 75 top luxury agents attending
Ten Sixty, the new global short-form video app for real estate, has officially launched in New York alongside the McPeak team at SERHANT, Holly Parker from Douglas Elliman and Deanna Kory from Corcoran.
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New AI company virtually furnishes listings in a matter of minutes
A new US startup aims to take the time and cost out of staging a listing for advertising, instead furnishing empty properties virtually using artificial intelligence.
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RateMyAgent partners with US listing giant
RateMyAgent, Australia’s leading real estate agent review website, has entered into a strategic partnership with Realtor.com, the second-largest real estate listings website in the United States.
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