Real Estate News
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Future looks bright for Eview Group in Queensland as Park Real Estate joins network on Sunshine Coast
Real estate powerhouse Eview Group is continuing to assert its serviceability across the Sunshine Coast, as the national network's Queensland sector continues to flourish, with Park Real Estate the latest agency to join.
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Fraser Coast’s Sprake Real Estate joins LJ Hooker after 83 years as an independent
After 83 years operating as an independent real estate business, Sprake Real Estate, on Queensland’s Fraser Coast, has rebranded and joined the LJ Hooker Group.
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Time to shine for Byron and Mudgee as First National NSW announces 2020 GEM winners
First National Real Estate’s New South Wales agents have been recognised for their achievements, with the network holding its 2020 General Excellence and Marketing (GEM) Awards at Hyatt Regency Sydney on Saturday night.
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Houses the standout performers as auction volumes rise
Auction volumes rose across the combined capital cities this week, with 2232 homes taken to auction, marking the second highest number of weekly auctions this year.
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Market confidence ensures strong start to 2021 for new home sales
New home sales have surged in Australia over the past 12 months, with the latest Housing Industry of Australia (HIA) New Home Sales report showing new home sales last month were 1.7 per cent higher than they were in February 2020.
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Price is right to spearhead The Agency’s expansion into Queensland
The Agency is continuing its national expansion strategy, announcing experienced industry professional David Price has joined the team as General Manager of Queensland.
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Don’t blame zoning for Australia’s soaring house prices
Among the many explanations put forward for soaring home prices, one we hear repeatedly is zoning — the regulations that govern the purposes for which land can be used, including how densely people can be housed in different locations.
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Trigger happy: Rex announces integration with automated tech tool Zapier
Rex Software has integrated a new automation tool into its CRM that has helped US agents reduce their lead follow-up time by 90 per cent.
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Sydney property values reach new record high
Sydney property prices have hit a new record high, with CoreLogic reporting today that values have recovered to exceed their earlier 2017 peak.
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NSW Court of Appeal restraint of trade case judgment offers lessons for employees and employers
The NSW Court of Appeal handed down its long-awaited judgment in the Agha v Devine Real Estate on Tuesday, upholding its decision against former shareholder and Director of Roger Agha - save for a reduction of the area of restraint of trade.
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Reserve Bank Governor issues warning on housing prices
In a speech in Sydney on Wednesday, Reserve Bank Governor Dr Philip Lowe has issued a warning about the current boom in the Australian property market - and raised the possibility of regulators stepping in to address the situation.
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First National Queensland recognises 2020 high achievers at annual awards
First National Real Estate’s Queensland's best and brightest were recognised for their achievements over the weekend, with the network holding its 2020 General Excellence and Marketing Awards at Brisbane’s Hilton Hotel on Saturday night.
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The Agency South Perth welcomes Anil Singh to team
The Agency has welcomed one of Western Australia’s most accomplished salespeople to its South Perth team, with multi-award-winning agent Anil Singh joining the fold.
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Thinking outside the square renders new possibilities for BoxBrownie.com
Image marketing technology specialists BoxBrownie.com have launched an innovative cloud-based offering that can provide realistic CGI renders and virtual tours from only a floor plan, elevation or architectural drawing.
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Eview Group notches up 20,000 sales and announces expansion into property management
Eview Group's national expansion is continuing apace, and following a record-breaking January and February to kick off 2021, it has just marked a major milestone.
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Three steps to become a source of real estate information – and win business
Right now, buyers and sellers in your local area are searching the interwebs for things like, “What to do before moving home?”, “How to negotiate in real estate?”, and ”First-time homebuyer mortgage”.
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Explore Property expands presence in Queensland
Explore Property is continuing to expand its footprint in the Sunshine State, with the group now having a presence in regions stretching from the far north to the southeast.
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Professionals’ new Shell Coast office set for growth
The Professionals network is expanding into the waterside haven of Oak Flats in the NSW South Coast's southern Illawarra region, with a new office headed by experienced local agent Phil Muller.
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Growth catalyst for new McGrath team
McGrath Parramatta has expanded its operation adding the previously company-owned Blacktown business to its franchise group and operating the two offices as McGrath West Group. Led by Kon Stathopoulos, the business has strategically aligned itself with key talent in Sydney’s Greater Western region with Joel Hollings and Amit Nayak joining as partners in the new business structure. The announcement follows…
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Inner City Blues – What’s going on with rentals?
While things are looking a little brighter in 2021 there are still many hurdles to overcome. Kylie Dulhunty spoke to property managers about their experiences and sought their tips to help you move stock quickly. Property managers in inner Sydney and Melbourne could face further challenges this year, with falling unit rents and higher than normal vacancy rates continuing to…
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Report finds fixing income equality key to addressing property ownership imbalance
A new report released by CoreLogic suggests addressing gender income equality could also help close the gender wealth gap as it pertains to real estate over time.
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Women to the front: Real estate industry leaders share their secrets of success
At Elite Agent and the Elevate podcast, we don’t need a reason to champion the best female leaders in the real estate industry, we do it as a matter of course.
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Kim Gregory takes the reins as new President of Property Council’s NSW division
The NSW Division of the Property Council has elected a new President, with Kim Gregory, Investa Property Group’s Fund Manager, Mandates, taking the reins for the next two years following the Division’s Annual General Meeting.
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Clearance rate rises but volume lower as most states enjoy long weekend
The preliminary clearance has risen to 84.5 per cent on the back of lower volumes this week, courtesy of a long weekend in several states including Victoria. CoreLogic reports 1587 capital city homes were taken to auction this week. Of the 1311 results collected so far, 84.5 per cent have reportedly sold. This is an improvement on last week’s preliminary…
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How to achieve $500K gross commission income in your first year
When it comes to real estate sales, individuals are often lured by the prospect and promise of being able to 'write their own pay cheque' and to a realistic extent, it is true.
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Openn Negotiation joins NAR REACH Accelerator Class of 2021
Second Century Ventures, the strategic investment arm of the National Association of Realtors® have announced the members of its 2021 REACH Australia class. REACH Australia is a growth technology accelerator program helping launch companies into the real estate, financial services, banking, home services and insurance industries throughout Australia and Southeast Asia. The program is designed to help agents remain at…
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Barry Plant growing Ballarat and Bendigo offices
With the regional Victorian property market going gangbusters over the past year, Barry Plant Ballarat and Bendigo have been reaping the rewards.
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You’d be mad to miss the rare opportunity to own Max’s Beach House
It’s one of the most renowned beach houses in the country and was also featured in one of Australia’s most iconic films and Max’s Beach House could be yours - if have $11 million to spare.
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Call for half of NSW social housing to be provided by not-for-profit providers
The Community Housing Industry Association NSW says 50 per cent of social housing investment should be delivered by not-for-profit community housing providers in order to meet surging demand and deliver as many new homes as possible.
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The Agency launches China Desk service to capitalise on imminent demand
COVID-19 has dramatically changed the way we conduct our lives and the public health response by our state and federal governments and key agencies, which has allowed Australians to begin living with a degree of normality, has not gone unnoticed internationally.
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Independent agents swap traditional bricks and mortar offices for digital marketplace
An increasing number of independent operators and boutique agents are ditching the traditional bricks and mortar real estate model in favour of tech-based platforms, according to digital real estate network @realty. Peter Powell is one of many @realty agents to have turned their back on a physical office, after finding the running costs did not equate to an uplift in…
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Kelly Clarkson hopes price drop on Tennessee lake house will hit the right note with buyers
Kelly Clarkson has been based in Los Angeles since she took up hosting duties for her Emmy-winning daytime talk show in 2019 and the singer is now dropping the price of her Tennessee lake house - originally US$8.75 million - to $6.95 million ($8.9 million).
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Independent Property Group announces new General Manager and shifts focus solely to Canberra market
Canberra’s longest-running real estate agency, Independent Property Group (IPG), has announced major changes to its operation in an effort to position itself for further growth in what is one of Australia’s hottest property markets.
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Karmen Costigan joins Harcourts Australia as Head of Property Management
One of the nation’s largest real estate franchise networks, Harcourts Group Australia, has appointed seasoned industry professional Karmen Costigan as Head of Property Management Australia.
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Property Council survey reveals slowdown in rate of workers returning to offices
Australia’s central business districts are taking a long while to recover from the effects of COVID-19 social restrictions, with new data revealing a slowdown in the rate of workers returning to their offices.
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