Real Estate News
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Gayle Walker appointed to lead Tasmania Sotheby’s International Realty office
Sotheby’s International Realty Greater Australia has appointed Gayle Walker, a Sotheby’s Realty Director from Sydney, to head up the Greater Hobart operations for the brand. Gayle will lead the launch of a new Sotheby’s Realty office in the Sandy Bay area with the aim of offering a stronger local community connection while providing local, national and international exposure for Hobart…
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Century 21 North Harbour celebrate the grand opening of Crows Nest office
Principal Koji Amaike and his team at Century 21 North Harbour have officially opened their Crows Nest office on Sydney’s Lower North Shore. Family, friends and members of the local community gathered to see the ribbon-cutting ceremony performed by Mr Amaike and Charles Tarbey, Century 21 Owner and Chairman. “We were extremely pleased to have such a great calibre of…
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CoreLogic Home Value Index: Downward trend continues in February
CoreLogic released its February home value index results showing a a fall of 0.7%, across the combined capitals increasing the cumulative decline to -6.8% since values last peaked in October 2017. Head of research at CoreLogic, Tim Lawless said, “The fact that we are seeing weakening housing market conditions across regions where home values were previously rising at a sustainable…
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rent.com.au release half-year report
rent.com.au (ASX:RNT) released their half-year results this week, showing improved revenue for 2018 was $1.05 million with a net EBITDA loss of $1.3 million, a 21.5 per cent improvement on losses reported in the previous financial year. The Group say they have continued to realise a savings benefit from ongoing search engine optimisation and other work done in previous periods…
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RE/MAX names Cyndi Ward as an everyday hero
Cyndi Ward spoke exclusively with Elite Agent, giving us a glimpse into why she was chosen to receive the prestigious and heartfelt Everyday Hero title, which has only been awarded once before. It’s not every day that you come across a hero, but then again, chances are you may not have even known it. The Gladstone property manager and business owner is…
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Adam Sorrell joins Ray White Rowville as a principal
Adam Sorrell has been in the real estate industry since 2006 and has now taken over the Ray White Rowville office as their new principal. “Having lived here for the past 30 years, when the opportunity came up to take over the reins, I felt the time was right to join the Ray White family,” Mr Sorrell said. Having worked…
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Victorian buyers agent announces tech report card grading system for prestige properties
A property inspection portal has been launched claiming to help future home buyers narrow down their search to almost half the time it would normally take. The portal is the brainchild of national buyer agency start-up BuyerX, who say they are attempting to transform the home-buying experience by combining local area specialisation smart technology. The new venture called airopens is…
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RE/MAX New Zealand announce top performers at awards night
RE/MAX New Zealand announced its top 2018 performers at a gala event held at Pullman Auckland on February 21st, which concluded the day’s ‘Think Bigger’ rally. The network’s ultimate individual honour, Broker Owner of the Year, is held for the final evening’s announcement.In a rare circumstance, the award was given for the second time to the same individual. In a…
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Steven Mason expands his Ray White business to Broulee
Experienced real estate professional Steven Mason is thrilled to have just taken ownership of his second Ray White office in the NSW coastal town of Broulee. After five years of running the Ray White office in Batemans Bay, Mr Mason said he was ready to take his business to the next level. “I’m excited to be able to offer the…
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Realogy named in world’s most ethical companies
Realogy Holdings Corp. (NYSE: RLGY) has been recognised by the Ethisphere Institute a global leader in defining and advancing the standards of ethical business practices, as one of the 2019 World’s Most Ethical Companies®. This is the eighth consecutive year in which Realogy has been recognised among 128 companies to be honored by Ethisphere spanning 21 countries and 50 industries.…
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Bendigo bank launches the world’s first fully digital home loan platform
Bendigo Express, an instant home loan from Bendigo Bank, launched earlier this week. The fully digital home loan platform is powered by Tic:Toc. Anthony Baum, Founder and CEO of Tic: Toc said he was excited that Bendigo and Adelaide bank was embracing this innovation to improve customer experience. “We created Tic: Toc because we knew there was a better way for…
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Co-living company Hmlet expands into Australia
Singapore-based co-living company Hmlet (pronounced ‘Hamlet’) has announced its March debut into the Australian market with the launch of two co-living properties in the Sydney suburbs of Newtown and Marrickville. This latest move marks the company’s second overseas location outside Singapore, with Hmlet on track to quadruple its members to more than 2,400 across Asia Pacific by the end of…
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Ray White offices across the country honoured as the cream of the crop in property management
The Ray White Group has announced the recognition of elite performance in the field of property management and business development for property management. Alan White Elite – Property Management Business was awarded to 27 offices across the nation and the Property Management – Business Development was awarded to 10 offices from Victoria, Queensland and New South Wales. Ray White Head…
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Finalists revealed for the 2019 REIA awards
The Real Estate Institute of Australia (REIA) has announced the finalists for its 14th Annual National Awards for Excellence, to be held at Crown Perth on Thursday 21 March 2019. REIA President Adrian Kelly said the Awards recognise the best performers across all aspects of real estate including residential and commercial agencies, residential and commercial sales, residential and commercial property…
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Online auction sees the industry’s finest coaching talent up for bids
Never one to shy away from a challenge, REA Director of Industry Relations and Digital Live founder Steve Carroll has upped the ante in his efforts to raise funds for disadvantaged children, with his eye now firmly fixed on a $100,000 fundraising target that will go to the charity Hands Across the Water. Last year, Steve joined forces with some…
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Real estate ‘click bait’ is great for news but bad for the economy
Celebrating 50 years in real estate this year, Mr Plant has seen a lot of property cycles but fears that this current property correction is being driven deeper by a media whose revenue is driven by clicks and views. “The person on the street could be forgiven for thinking the current property market in Victoria is headed for Armageddon –…
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Laing+Simmons springboard into action
Exclusively free to Laing+Simmons office principals and their teams, as well as team members from Laing+Simmons’ parent company Dexar Group, Springboard is the company’s annual “planning day on steroids”. It is designed to encourage and empower team members, providing an opportunity for everyone in the network to hear directly from leading industry speakers and understand how they achieve success in…
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Dexar Group Celebrates its best for 2018
Dexar Group recognised its stars of real estate over the weekend at a Hollywood themed event held at QT Hotel. Amongst the winners were Jonny Warren, who was recognised for his leadership, receiving the Richard Stanton Memorial Award for Role Model of the Year, while Salesperson of the Year was awarded to Mark Wolens. Aaron Lewis, Ashleigh Webb, Mark Larmer…
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Raine & Horne Commercial celebrates 15 years
Lower north shore commercial property firm Raine & Horne Commercial North Sydney has renewed its franchise agreement with Raine & Horne for another term. Raine & Horne Commercial North Sydney launched in 2003 and principals Jay Sheffield, Duncan Grady, and Nick Moloney lead the business. The trio of principals is excited to continue their operation within the 136-year-old real estate…
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Disability housing provider launches unique disability housing prototype
Specialist disability housing provider DPN Casa Capace will commence construction of an architecturally designed, resident-centric home for people with disabilities this month. DPN Casa Capace aims to scale the model to more than 700 homes in five years, in partnership with institutional investors and disability care providers. The Australia-wide homes will be worth around $1 billion and help meet the…
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McGrath rolls out a mobile maintenance service with i4Tradies
McGrath Property Management, announced yesterday that they’ll be will deploying a new cloud-based maintenance management platform called i4Tradies, across its company owned office network in New South Wales and Queensland. i4Tradies is being describes as “Uber Style” and will connect trades service owners, on-the-road tradies, tenants and property managers with an integrated job management software; accessible anywhere, anytime and on…
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Gawler triumphs at First National SA/NT awards
The awards recognised the best of First National’s SA/NT agents throughout 2018, with the top 10 individuals and offices now competing for national GEM Awards, which hold the chance of an expenses paid trip to the National Association of Realtors conference in San Francisco this November for top 10 national winners. Acting SA/NT State Chair, Zeta Bennett, says the results…
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Final report issued on the Opal Tower
At the request of the Hon. Anthony Roberts, Minister for Planning and Housing, an investigation was carried out into the causes of structural damage to the Opal Tower in Sydney Olympic Park, which was first observed in late December 2018. The first report stated that the Opal Tower was overall structurally sound and was not in any apparent danger of collapse,…
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Professionals expands further in NSW
Professionals Group Australia is making its presence in NSW known with the opening of a new branch in Wauchope as well as with the appointment of Ken Cheeseman as National Network Executive. In the past year, Professionals have added eight new offices and only two months after it added Professionals Bonny Hills on the NSW Mid North Coast, another Professionals office…
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Industry young gun joins LJ Hooker
In this role, Mr Sutton will focus on identifying areas of opportunity and supporting the growth of new offices in the LJ Hooker network Head of Network Development Ben Mitchell said: “James has great enthusiasm paired with an experienced, proven background. “At LJ Hooker, we’ve just experienced two of our biggest years in office and agent recruitment. We have a…
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Ask the Coach: How to increase listing conversion
Q. How can I increase my listing conversion? – Henry Burgoyne, Capital One Real Estate When your potential seller hires you, what are they actually buying? Ultimately, in this market, they are buying certainty. In a market where they are seeing heaps of uncertainty and negativity, every human needs to feel some level of certainty. So how can you demonstrate certainty…
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UK and US Chiefs quit Purplebricks amid revenue downgrades
Purplebricks Group released a statement this morning stating the UK boss Lee Wainwright and US Boss Eric Echkardt would be leaving the business. The statement also reports updated revenue guidance figures for 2018/19 Financial year of GBP 165-175m (AUD 300-320m) has been revised down to GPB130 – 140m (AUD 240-260m), with expectations for the US markets and Australian markets similarly…
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McGrath Paddington announces a new star recruit
McGrath Paddington has announced the recruitment of Roxanne Liu to the team. Kon Stathopoulos, Head of Sales for McGrath’s company-owned offices said that he is delighted that she will be joining the existing team to focus on what they consider to be one of the most exciting property markets in the country. “This is in line with our plan to…
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The Agency appoints Andrew Jensen to the role of interim chairman
The Agency Group (ASX:AU1) announced the appointment of Andrew Jensen to the role of interim Chairman, effective 18 February 2019. Mr Jensen will succeed Mr Phillip Re who has tendered his resignation as Chairman and will step down from the board on the same date. Mr Jensen is an accomplished CFO with over 18 years experience in senior finance and management roles.…
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Dynamic Sydney auctioneer joins Ray White NSW
Mr Pattaro started calling auctions as a fresh-faced 18-year-old, although video footage dating back to when Mr Pattaro was just eight years of age proves auctioneering has always been in his blood. “I was in my pyjamas and I think I may have gone to an auction with dad,” he said. “I legally started auctioneering when I was 18, learning…
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How property values impact economic growth
Here’s a breakdown of the minutes from that meeting and how different economic factors may affect the property market. With respect to GDP and economic growth, the attendees noted that The September quarter national accounts were released the day after the December meeting, with figures showing that growth in real GDP of 0.3 per cent in the quarter and 2.8 per cent over…
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Former Ray White CEO returns to the coalface
Domenic Belfiore is already making an impact less than a month into his new role as Ray White Werribee director. It’s a change of pace for Mr Belfiore, who resigned as CEO of Ray White Victoria and Tasmania in January after four years at the helm. Recognising opportunity and potential for great growth, Mr Belfiore enthusiastically commenced work in his new role…
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Reapit Appoints Eddie Cetin to Managing Director
Reapit, a global property CRM platform provider, has appointed Eddie Cetin as Asia-Pacific (APAC) Managing Director (MD) to manage its sales and operations in the region. As CEO and co-founder of Australia’s market-leading real estate CRM software, Agentbox, for nearly 10 years, Cetin brings considerable global technology and property experience to Reapit. Working with Reapit CEO Gary Barker, Cetin’s appointment…
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Elders Real Estate announces CCA partnership
Elders Real Estate franchisees in South Australia and Alice Springs have announced the launch of a major sponsorship of the Childhood Cancer Association (CCA). The new partnership was officially launched at Elders Head Office last week. The CCA is one of Australia’s key childhood cancer support organisations. Currently, the CCA supports children with cancer and their families from South Australia,…
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Ray White announces new head auctioneer for Victoria and Tasmania
Ray White Victoria and Tasmania has strengthened its focus on selling properties under the hammer with the announcement of Matthew Condon as Chief Auctioneer. Mr Condon started in the role this month, however his ties with the Ray White Group date back two years to when he started in the business as a national skills trainer, educating agents on successful…
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