Real Estate News
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REIQ launches professional mentoring program
The REIQ has launched its inaugural mentoring program designed to connect people and create passion within the real estate profession. The REIQ Mentoring Program aims to equip up-and-coming real estate professionals with the personal and professional attributes that will enable them to excel in their chosen field. The program will do this by connecting mentees with carefully selected REIQ mentors,…
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Starr Partners opens office in Sydney’s North West
As Sydney's Hills District continues to grow with the development of major residential and commercial precincts, Australia's leading boutique real estate group, Starr Partners, opened a new office in North Kellyville on the weekend. The Starr Partners office, located at 13/21 Hezlett Road, North Kellyville, was opened by Raj Bhandari, who previously managed the Starr Partners' Fairfield…
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Coco Cui Roskam joins Ray White
Coco Cui Roskam, one of the highest performing agents on the Upper North Shore of Sydney has joined Ray White. Led by Greg Windel, David Walker and Matt Bolin, Ms Roskam will join the award-winning team at Ray White Upper North Shore. Ms Roskam has a wealth of experience in St Ives and the surrounding…
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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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CPI brings good news for home buyers and renters
The September 2019 quarter CPI figure is good news for home buyers and renters, according to the Real Estate Institute of Australia (REIA). REIA President Adrian Kelly said the All Groups CPI increased by 0.5 per cent in the December quarter, giving an annual increase of 1.7 per cent. “The annual changes for the analytical series of trimmed mean and…
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Call for industry to stop using the term ‘off market’
A real estate expert has spoken out against using the term ‘off market’, claiming it is confusing and misleading customers. Starr Partners CEO Douglas Driscoll urged agents to reassess their use of ‘off-market’, which is used to describe properties up for sale without being advertised on the major property portals. “There’s no such thing as an off-market property – in…
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HIA reports confidence returning to housing market
“New home sales bounced back in September to return to levels seen during the latter half of 2018,” stated HIA Economist, Angela Lillicrap. The HIA New Home Sales report – a monthly survey of the largest volume home builders in the five largest states – is a leading indicator of future trends in the residential…
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Ray White expands to Ceduna and Streaky Bay
Experienced real estate professionals Daniel and Megan Eramiha are taking ownership of the newest Ray White office on the west coast of South Australia. After eight years working as a salesperson, Mr Eramiha said he was ready to take the next step into business ownership as principal of Ray White Ceduna | Streaky Bay, and he’s confident this move will…
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rent.com.au announces interest-free period for RentBond
Rental property website Rent.com.au has announced changes to broaden the appeal of its flagship bond payment product, adding a new interest-free and fee free period to give renters some cash relief when moving between properties. Highlights for property managers: The 21-day interest-free period means renters can fund their new bond at no cost, while they’re waiting on their previous bond…
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Award-winning agent to lead Belle Property Byron Bay/Lennox Head
Belle Property has announced the opening of Belle Property Byron Bay/Lennox Head under the leadership of well-regarded agent and principal, Braden Walters. Mr Walters is heavily involved in the Real Estate Institute of New South Wales (REINSW), becoming the youngest ever board member of the peak body, and was also named a finalist in REINSW’s Residential Agent of the Year.…
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Partnering for experience
It’s no secret that agents find it quite challenging to ask consumers to rate on various platforms including realestate.com.au, Google, Facebook plus a video or written testimonial. Last week Domain and RateMyAgent announced a reciprocal partnership which links review data with Domains Listing Data. Domains Chief Operating Officer Tony Blamey explains the thinking behind the…
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Making every building count
Governments urged to adopt practical plan for emissions reduction. A landmark new plan sets out a practical pathway for transforming Australian homes, workplaces and other buildings into low carbon, high-performance structures while cost-effectively reducing emissions. Every building counts: A practical plan for emissions reduction is a policy toolkit jointly developed by the Property Council of Australia…
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ActivePipe welcomes +$6m investment
ActivePipe, a Melbourne based Real Estate focussed Marketing Automation platform, announces that IAG's Firemark Ventures, the Corporate Venture arm of IAG, Australia's largest general insurer ("IAG"), and Second Century Ventures ("SCV"), the venture arm of the National Association of Realtors®, have invested into the ActivePipe +$6M Pre-Series B Convertible note round. The investment comes ahead…
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NSW Southern Highlands agency joins First National
One of Mittagong's best-known boutique estate agencies, Abode Property, has joined Australia's largest network of independent agents, First National Real Estate, strengthening the network's market presence in the Southern Highlands in a step described as 'evolutionary' by dynamic principals, Anna and Allan Falvey. Trading as First National Real Estate Abode Property, the agency has ambitious…
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Ray White unveils Est.1902 collection
Ray White Group today unveiled its new corporate uniform range infused with a subtle touch of Australiana in a nod to its humble bush beginnings. The new uniform collection called Est.1902 will unify its 12000-strong army of agents, property managers and administrators across Australasia as one team with the same dream. The family-owned and led franchised group…
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Weekend Auction Wrap: Auction volumes surge higher
It was another strong weekend of auctions around the country, highlighted by a huge surge in the number of properties going to auction. The auction clearance rate in both Sydney and Melbourne dipped slightly, with Sydney recording 79.7% and Melbourne 77.1% according to the latest data from CoreLogic. While the national rate ended up 75.3%.…
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Herron Todd White welcomes Drew Hendrey to strategic national role
Australia’s largest independent valuation and property advisory firm has announced its latest strategic national team appointment, as the firm looks to build further on its already formidable presence in the industry. Drew Hendrey has accepted the position of Executive Director Valuations Advisory for Herron Todd White (HTW), confirming his resignation from CoreLogic late last week, after more than five years…
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Sara Young and Jodie Stainton join forces to take Coronis national
Coronis welcomed its first interstate recruit, Sara Young from Western Australia to help grow Coronis nationally with the addition of the new e-business model. Director of Coronis Now Jodie Stainton said how excited she was to welcome such an incredible property management professional who will help Coronis expand its services interstate. "This is a very…
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Strategic business growth expert joins Barry Plant
Nigel O’Neil has joined the Barry Plant Corporate Office as Head of Strategic Growth. His role is to drive the development of our business strategy to leverage data, technology and innovative practices to keep the Barry Plant Group ahead of the curve and cement their place as Victoria’s most successful real estate network. Nigel was…
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REIQ announces new board directors at AGM
The REIQ has announced the re-election of Peter Brewer as both a Member Director and Chairman of the Board, following last week’s annual general meeting, held at the REIQ’s Cannon Hill offices. He was joined by property manager, Laura Valenti, who was elected to the board as its female member director, a dedicated position which was introduced to the constitution…
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Rent.com.au posts a loss for the 2019 financial year
Australian rental platform Rent.com.au has posted a loss for the last financial year. The company released it’s annual report to shareholders on Friday and revealed it had generated a net loss of $2,497,183 for the year ended 30 June 2019. This was a slight improvement on the 2018 financial year that saw a $2,822,540 net…
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REA Group announces investment in Managed technology platform
REA Group has announced its investment in Managed, a technology platform created to empower real estate agencies by automating workflows, reporting, payments, invoices and dramatically reducing rental property administration. REA Group Chief Customer Product Officer, Andrew Rechtman, said the announcement reinforced REA’s commitment to property management customers. “By working with new software providers, such as Managed, we will increase operating…
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Belle Property opens first projects office with Colin Hatch at the helm
Belle Property has today announced the launch of its first dedicated Belle Property Projects office, the latest venture for the growing real estate brand. Located in Bowen Hills and led by veteran agent and Principal Colin Hatch, the office will be the first of several to be opened across the eastern seaboard of Australia. "There…
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Raine & Horne wins Hunter local business awards
Raine & Horne Newcastle & Stockton was named the region's "Outstanding Real Estate Agency" as well as "Outstanding Real Estate Agency" in a dual celebration for principals Jason Maxwell, Steve Dick and Jason Morris, who have been business partners for over 20 years. Earlier this year, Raine & Horne Commercial Newcastle was named the global…
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Ray White joint chairman selling his ‘character home with rural heart’
Ray White Group joint chairman, Paul White, is selling his beloved Clayfield 1930’s-style home called Arlington, named after a western Darling Downs sheep station where he once worked as a young jackeroo. Mr White and his partner Lynne Porcsin have owned the four-bedroom, classic, single storey home on one of Brisbane’s best streets for more than five and a half years.…
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Rugby royalty Stephen Moore lists his Brisbane home
FORMER Wallabies captain Stephen Moore has decided it's time to sell his near-new inner city contemporary home in Brisbane as the former international says his growing family needs a little more space to kick ball. Just back from Japan where he was cheering on the Wallabies in their Rugby World Cup campaign, the former player…
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Auctioneers ready for annual REIA showdown
It’s set to be an all-Australian showdown when the best Australasian auctioneers go head to head at the 2019 Australasian Real Estate Institutes’ Auctioneering Championships today. The winner will be crowned Australasia’s best auctioneer at the REIV Awards dinner tonight in the Palladium Ballroom, Crown Towers Melbourne. The Real Estate Institute of Victoria (REIV) and the Real Estate Institute of…
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Canberra model the key to creating successful new cities
It often gets a bad rap, but Canberra could hold the secrets to planning for Australia's growing population and successfully decentralising our major cities, researchers say. Examining Australia's historical patterns of decentralisation over the last 100 years, researchers from RMIT, Monash and the University of Melbourne suggest the answer to creating successful new cities could…
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Stamp duty removal gains traction with off-the-plan purchases
The Real Estate Institute of Western Australia (REIWA) has come out in support of the McGowan Government plan to remove stamp duty from off-the-plan purchases. REIWA President Damian Collins said the news was a significant win for property buyers and restored the current imbalance where standalone houses only paid duty on land. “By reducing the tax for off-the-plan sales, not…
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Strategic marketing wins award for Pivotal Financial
Pivotal Financial, the RE/MAX Australia-owned finance group, has had back-to-back wins in the annual Connective Excellence Awards taking out the Marketing Award for 2019. "We'd established a powerful brand identity through our efforts in the 2017/2018 financial year," said Pivotal Financial general manager Matthew Andrews, "and the 18/19 focus was to promote the brand to…
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Crown Group takes out industry awards for architecture and design
Australian developer Crown Group has won two prestigious industry awards for its iconic residential and hotel development, Arc by Crown Group in Clarence Street, Sydney. It took out the respected international award, The Architecture MasterPrize last week, as well as Australia's peak industry body's, the HIA's Best NSW Apartment Complex 2019, at a ceremony in Sydney on Saturday night. The Architecture…
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Established agency makes the switch to open LJ Hooker Rockhampton
LJ Hooker has welcomed a new team of real estate specialists to the Rockhampton region in Central Queensland. Rockhampton veterans Jade Carr and Brit Wheeler are leading the office’s transformation to LJ Hooker. The new LJ Hooker Rockhampton offers a full suite of real estate services including residential and commercial sales, business leases, property management…
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Hmlet opens biggest co-living property in Sydney
Australia's largest co-living company is opening its biggest property to date in Sydney's inner suburb of St Peters. With 82 rooms, Hmlet St Peters will open in November 2019 and will further expand Hmlet's reach to meet the needs of Australians and expats looking for new living alternatives in Sydney. Having successfully opened eight properties in Sydney since launching in Australia in January 2019, Hmlet has anchored its presence in Sydney's…
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Domain partners with RateMyAgent to “supercharge” agent exposure
Domain and real estate agent reviews and ratings ebsite RateMyAgent have today announced a partnership that will see Domain showcase recommendations from RateMyAgent across participating agents and agencies profiles on domain.com.au. The partnership will improve the service each platform provides to real estate agents, helping to build their brand and drive market share. RateMyAgent counts more than 670,000…
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Sales and auctioneer champion joins DiJONES
DiJONES have announced that real estate sales and auctioneer champion John Sullivan has merged his business, Sullivan Real Estate with DiJONES Lower North Shore. He will operate as a Sales Agent operating out of DiJONES Mosman. With more than 30 years of real estate and auction experience, both in Australia and the United States Mr…
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