Real Estate News
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Realmark declared a leader in WA
REIWA May 2019 statistics have declared Realmark as a leading WA-based agency according to property value sold per agent. Realmark Group Managing Director and Co-founder, John Percudani, was thrilled with the result. “(The result) is humbling and empowering to the entire network, and is a testament to the hard work and progressive practices adopted,” he said. He attributed their success…
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Jonathon Kiritsis returns to Ray White family
RAY White Woodville has welcomed Jonathon Kiritsis back to the family in the role of Sales Agent and Auctioneer. Born into a real estate family, Mr Kiritsis said he was destined to progress into the real estate world. “I’ve been around real estate all my life and it’s a passion that hasn’t dwindled in the 12 years I’ve been in…
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Ray White Ballarat on the side of angels
Ray White’s Ballarat agents have raised thousands of dollars to help ‘bale’ out farmers in drought. The office donated $7,700 to the Drought Angels charity following their ‘Sale for a Bale’ drive, where residential, rural and commercial sales consultants made donations from the commission of each sale over a three-month fundraising campaign. Ray White Ballarat Residential Sales Consultant Paul McGourlay…
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Award-winning trio opens new Ray White office in St Ives
Building on the success of their Ray White Turramurra and Wahroonga offices, award-winning directors Greg Windel, David Walker and Matt Bolin have opened a third joint venture in St Ives. With a team full of local area experts, the trio was excited to be able to offer their customers more exposure and greater coverage as this expansion aims to better…
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Purplebricks confirms US Exit
After announcing earlier this year their intention to exit the Australian market, Purplebricks have confirmed to investors that the group will withdraw from the US business which began trading in 2017. In the financial year just ended (April 30) Group revenue increased by 55 per cent to GBP 136 million and UK revenue was up 21 per cent to GBP…
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Real estate rebels open second office in Wollongong CBD
In 2017 Trever Molenaar and Troy McNeice opened the doors to a different kind of real estate agency. Mr Molenaar, a former owner of a large franchise with three office locations across the Illawarra, and McNeice, one of the top agents working there, joined forces to begin Molenaar + McNeice. Known for their standout pastel pink colour scheme, the brand…
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Ray White owners switching things up on the Gold Coast
Two of Ray White’s business owners have agreed to effectively swap offices and business names in what has proven to be a seamless transition. With more than 21 years’ experience in real estate, Ray White Broadbeach – Broadbeach Waters owner Larry Malan is now the proud new owner of Ray White Mermaid Beach too. Gary Gannon has sold his Mermaid…
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Ouwens Casserly continues to grow in South Australia
Ouwens Casserly is set to seize opportunity, building on a period of recent growth to spread its footprint into the greenbelt of Adelaide. Over the past few years the independent residential property firm has been concentrating on growth and consolidation, building a résumé that sees them sell more than a thousand homes each year, with a further 1600 properties under…
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Variable mortgage rates fall below 3 per cent following RBA’s second consecutive cut
Variable mortgage rates in Australia have hit a new low following the historic decision by the Reserve Bank of Australia to cut the cash rate to 1 per cent. Late this afternoon, RateCity.com.au confirmed Reduce Home Loans was among the small lenders embracing the latest cut, slashing its lowest rate by 0.20 per cent to 2.89 per cent. Meanwhile, ANZ…
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Now is the time for that annual insurance review: Sharon Fox-Slater
A new financial year has dawned and chances are you’re busy setting some fresh business goals while gathering all your paperwork for your tax agent. While reviewing the insurances on your RE business might not be at the top of your list, now just might be the best time to do so. Many small business owners take out insurance at…
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Better Homes and Gardens Real Estate opens new Central office in Sydney
Better Homes and Gardens Real Estate has opened a second Sydney office, this time in the CBD on York Street. Known as Central, the office follows on from the previous grand opening of The Ponds on 9 May. Licensed real estate agent Sally-Anne Lawlor has joined the brand, bringing almost 20 years of experience to Better Homes and Gardens Real…
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Gold Coast launch of the new RE/MAX hot air balloon
Soaring high above the Gold Coast was a basket full of RE/MAX faces when a newly branded balloon launched in June this year. On board for the 5am take-off from the Mercure, Palm Meadows, were Joel Davoren, Director, RE/MAX Australia; Jasmine Revfeim, RE/MAX Australia; Justin Miller and Janene Sharpe, RE/MAX Regency; Danny Woolbank, RE/MAX Property Centre; Lisa and Kevin Brown,…
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CEO warns real estate industry has reached its ‘technology intersection’
Douglas Driscoll, CEO of award-winning real estate group Starr Partners, believes the real estate sector has reached its ‘technology intersection’. While innovation enables agents to automate and digitise their processes, he says it poses problems for an industry that needs to learn how to strike a better balance between implementing cutting-edge technologies and retaining the right level of human involvement. “Although…
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Property prices start to recover in Sydney and Melbourne
There are some positive signs for property prices on the East Coast as both Sydney and Melbourne have posted monthly gains for the month of June. Values in Australia’s two major housing markets were up 0.2 per cent in Melbourne and 0.1 per cent in Sydney for the month, according to the latest figures from CoreLogic’s Hedonic Home Value Index.…
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Melbourne agencies Thomson Murrumbeena and Gary Peer & Associates join forces
Melbourne agencies Thomson Murrumbeena and the Gary Peer group have joined forces, providing the local market with over 90 years of combined local experience and expertise. Thomson Murrumbeena directors David Thomson, Anthony Lee and Felicity Thomson will all remain on board, focusing on their traditional areas of expertise. Mr Thomson will join the local Gary Peer sales team at 42…
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Ray White Commercial NSW welcomes two new recruits
Ray White Commercial NSW – Sydney City Fringe has welcomed two new recruits to the team. Lachlan Palm has joined as a Sales and Leasing Associate and Fiona Farmer has taken up the role of Office Manager, and both will based out of the Sydney City Fringe office in Glebe. Mr Palm, who made the move from Brisbane to Sydney,…
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Familiar faces in Ararat, Victoria, now have a new name
Ararat’s most recognised team of real estate agents is joining Australia’s biggest real estate brand, opening the new Ray White office in the Victorian town. Business owner, Philip Clark said the opening of Ray White Ararat was a natural progression as his business looks to continue its growth by combining the team’s personalised service with the strength of the Ray…
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DiJONES expands Southern Highlands operations
Boutique group DiJONES is merging with Michael Cawthorn and his team from Knight Bailey Property to expand its Southern Highlands operations. The merged business will operate under the DiJONES brand from July 1 2019. The brand launched in the Southern Highlands in 2016 after identifying a significant connection with Sydney buyers. The Knight Bailey brand was launched by Michael Cawthorn…
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Insurance crisis threatens construction sector
An impending insurance crisis risks bringing the construction sector to a halt unless Commonwealth, state and territory governments can work together to resolve the issue. The Property Council of Australia has called for an industry roundtable on resolving the insurance crisis, as many building and construction businesses face closure over the issue. They said it was essential for governments to…
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New owners for RE/MAX on Bribie Island
It’s truly a family affair for the new owners of RE/MAX Advanced, who said they are armed with a clear plan to grow their team in response to the confidence in the Bribie Island property market. David and Karen Wereszczuk are part of the office’s success story, having worked in the team for the past two years as senior sales…
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10 ideas that will make you more successful in real estate sales: Alex Mintorn
Over the past nine years, Alex Mintorn has become one of the leading agents on Sydney’s Upper North Shore. He is also one of the top four agents in the McGrath network of more than 900 agents Australia-wide. Along with his partner, Maddie Stock, they have been involved in more than 79 sales, worth almost $150m with average days on…
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Tom Esze hammers it home to take out REIWA’s Auctioneering Championships
Tom Esze from Tom Esze Auctions has taken out the Gift of the Gavel at the annual REIWA Auctioneering Championships this week. Held at the Wembley Golf Course, the 2019 championships showcased Western Australia’s best talent in the auction space under two categories – novice and senior. REIWA President Damian Collins said as auctions continue to grow momentum for the unique…
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Clay Brodie steps up in Woollahra
Young gun agent Clay Brodie is moving up to become the director of sales at Ray White Woollahra, one of Ray White’s fastest growing businesses. Mr Brodie, who has been an agent for nine years, focusing on the eastern suburbs since day one but angling in on Woollahra and Paddington for the majority, has been working with director Randall Kemp…
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Technology leading the way for new disability accommodation
A new home in Brighton East, Victoria, is offering people with an intellectual disability an improved level of accommodation and support courtesy of assistive technology. Built by disability care provider St John of God Accord, the house features assistive technology developed by Quantify Technology and other partners, to give those with an intellectual disability an improved quality of life. Quantify…
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The ‘Best of the Best’ in property management recognised at PPM Group awards
Property Management teams across Australia have gathered for the property management industry’s ‘night of nights’ on Queensland’s Gold Coast. The PPM Group ‘Best of the Best’ awards night celebrated the achievements of individuals and teams across the country. PPM Group Managing Director, Debbie Palmer praised the written submissions for their level of professionalism and attention to detail. “The new initiatives…
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Award-winning sales agent joins Barry Plant Real Estate Glenroy
Barry Plant Real Estate Glenroy has welcomed a new member to its expanding team, with experienced sales agent Richard Ali recently joining the ranks. In addition to being a recognised sales agent, Richard is also a licensed auctioneer, and noted he was thrilled to be joining the Barry Plant Glenroy team. “I’m so excited to join an agency that has…
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realestate.com.au launches re-marketing service for agents and agencies
Reach is an end-to-end digital marketing solution that allows agents and agencies to build an online presence and remain top of mind among local property owners when they are visiting sites on the web away from realestate.com.au. According to realestate.com.au’s General Manager for Leads, Rachel Morley, the new Reach product has been designed to engage with prospects throughout the selling…
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Ray White airs ‘The Great’ campaign on TV
For the first time in Ray White’s 117-year history, they have rolled out a national television advertising campaign, drawing on their “Great Australian Dream” brand drive and harnessing the talents of Australian actor Rhys Muldoon. With almost 800 offices under their banner, Ray White is the biggest property group in the nation, and has long been known as a powerhouse…
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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 LVR and bank capital rules),…
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Leah Jay moves into the heart of Newcastle’s future
After 25 years in Hamilton, NSW, property management specialists, Leah Jay, are relocating to purpose-built offices in the new CBD of Newcastle. Officially opened on Monday, the new offices are located on the ground floor of the recenty-constructed ‘Gateway’ building in Newcastle West. Leah Jay’s Operations Manager and Director, Cassandra Lantry, explained the shift offered an opportunity to step into…
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Rental management platform Cubbi launches Instant Payments
Rental management platform Cubbi has launched instant rental payments as part of a series of new features aimed at offering an improved rental experience for owners and tenants. Cubbi’s co-founder and co-CEO, Jason Gilbert explained many in the rental proptech space were focussed on taking property management online, but Cubbi’s new features were designed to address common issues encountered by…
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Spirited rise in regional property markets
Distilleries are giving a spirited boost to the property markets in regional Victorian towns, according to an analysis by the Real Estate Institute of Victoria. REIV President Robyn Waters said the study showed that median house prices have soared over recent years in regional towns where distilleries have been established. “Victorians’ love affair with all things artisan has seen gin…
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Top agent sets six street records
Warren Ginsberg has breathed new life into North Bondi’s property market after selling some $24 million worth of prestige property and setting six streets records along the way. Mr Ginsberg, from Ray White’s number one Australian office Ray White Double Bay, has set six new street records in the affluent suburb recently, despite what some commentators are calling a declining…
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The Agency expands into Southern Highlands
The Agency’s Ben Olofsen, and Cameron McKillop of McKillop Property, are joining forces under The Agency banner to create a formidable operation across the Southern Highlands, Southern Tablelands and Wollondilly regions. Launching with 200 listings and a team of 15 agents and staff, this will be one of, if not the biggest, real estate operations in the area. The Agency…
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Ouwens Casserly sleeps out for a good cause
It may have been one of the coldest nights of the year in Adelaide, but one real estate business had warm hearts as they more than doubled their fundraising goal for the Vinnies CEO Sleepout. Ouwens Casserly CEO Nathan Casserly was among about 100 CEOs who slept rough at the Wilson Car Park on Sultram Place at the weekend. Mr…
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