INTERNATIONAL
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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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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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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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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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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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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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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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Adam Neumann provides more detail on his Flow startup
WeWork founder Adam Neumann has revealed more detail about his new startup Flow, canvassing the potential for future tenants to gain some sort of equity stake as part of their tenancy experience.
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MRI Software a step closer to PropTech Group acquisition
MRI PropTech group is edging closer to closing its deal for ASX-listed PropTech Group, with PropTech shareholders voting to approve the scheme of arrangement that will see MRI subsidiary Rockend Technology take over the Australian company.
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Jimmy Burgess’s $500 million sales strategy
Top US real estate agent Jimmy Burgess has shared the secret to his success, outlining the strategy he used to generate more than $500 million in sales.
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REACH Australia announces class of 2023
Second Century Ventures, the strategic investment arm of the National Association of Realtors and the most active global real estate technology fund, has announced the acceptance of eight companies to the 2023 REACH Australia program.
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