Real Estate News
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Three offices join forces to become OBrien Mornington
Three real estate offices have become one in Main Street, Mornington as OBrien Real Estate scores a hat trick. Three agencies in the Mornington Peninsula have consolidated into one large agency as Kayn Luff, director and business owner of long-established and trusted independent Mornington agency Conley Luff, joins forces with Fraser Bayne, director and business owner of OBrien Real Estate…
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Harcourts appoint new managing director for New Zealand
Harcourts New Zealand has appointed widely respected industry leader and former CEO Bryan Thomson as its new Managing Director. “We are delighted Bryan has agreed to return to lead our New Zealand business,” said Managing Director of Harcourts International Ltd Mike Green. “Bryan brings to this position an innate ability to draw exceptional performance from individuals and teams and has…
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Stone Real Estate launches in Queensland
Stone Real Estate proudly launches in Queensland this week with renowned industry leader Scott Kelly at the helm. Mr Kelly is tasked with the job of establishing Stone’s rapidly expanding boutique model throughout the Sunshine State. The Queenslander is thrilled to join Stone Real Estate and is relishing the challenge to ‘start from scratch’. “It is a big advantage being able…
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Ray White Rural appoints key specialist in Melbourne
Ray White Rural has announced the appointment of a new leader in Victoria. Matt White, a fourth-generation leader in the Ray White family and a successful business owner, has now joined Ray White Rural and Livestock in Melbourne as its state director and auctioneer. Ray White Rural and Livestock CEO Stephen Nell said Mr White’s appointment was a timely critical…
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Glebe real estate icon joins the Laing+Simmons network
Nicholas Katsikaros has been at the forefront of the Inner West and Glebe real estate markets for over 40 years, serving locals from Glebe Point Road for the last 30, and becoming a fixture in the community. Now he and his team have joined the Laing+Simmons family. “The real estate market is dynamic, it’s always changing, and we recognised that…
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Cobden & Hayson Balmain welcome inner west specialist Mark Bowis to the team
Mark Bowis has been welcomed to the team at Cobden & Hayson Balmain. The office is delighted to have such an accomplished, reputable sales professional join the fold. A 15-year veteran of the inner west property industry, Mr Bowis’ focus is on the Balmain peninsula and surrounding areas such as Lilyfield and Drummoyne with broad experience and industry insight through…
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McGrath recruits new team in Sydney’s Lower North Shore property market
McGrath Estate Agents, a division of McGrath Limited (ASX: MEA) has announced the opening of a new company-owned sales and property management office with a hand-selected team to operate on Sydney’s Lower North Shore. McGrath Founder and Executive Director John McGrath said “We’ve had the pleasure of servicing the Lower North Shore of Sydney for over 23 years – it being…
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realestate.com.au announced as official online property partner for the 2019 Toyota AFL Premiership Season
Realestate.com.au will be the official online property partner for the 2019 Toyota AFL Premiership Season. In addition to the official online property partner of the AFL, realestate.com.au will also be the naming rights partner for the AFLX 2019. The agreement builds on realestate.com.au’s existing sponsorship with the Sydney Swans, which will continue in 2019. REA Group General Manager Brand, Marketing and…
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Harcourts and Glen Coutinho to open flagship office in Beverly Hills, Los Angeles
Harcourts International has announced the expansion of the growing Harcourts USA network. Global real estate pioneer Glen Coutinho has joined the Harcourts USA team as Director of Growth & Training, for the Pacific Region, and will become owner of a new office in Beverly Hills. “We are very pleased to welcome Glen to the Harcourts group,” said Harcourts International Managing Director…
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TV presenter Tom Williams makes career change to join LJ Hooker Avnu
One of Australia’s best-known TV personalities, Tom Williams, has joined LJ Hooker Avnu in Sydney’s blue-chip Lower North Shore following his departure from the media industry late last year. Mr Williams, a former presenter on Seven Network’s The Daily Edition, has begun a new career in real estate to build on his passion for construction and quality property development. “Through TV you…
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Banking Royal Commission final report demands crackdowns and compensation
The long-awaited final report from the banking Royal Commission has been handed down. The report, received by the Morrison Government on Friday 1 February and released publicly Monday 4 February, has suggested sweeping changes to the industry and 76 actionable recommendations. Commissioner Kenneth Hayne’s final 530-page report and 76 recommendations have been welcomed by the Federal Government and Labor, who…
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Ray White Rural appoints key specialist to drive performance in Queensland
Ray White Rural has announced the appointment of a new specialist in Queensland to drive a growth and productivity plan for 2019. Former real estate agent and corporate business growth specialist Adrian Knowles has been appointed as the State Manager for Ray White Rural and Livestock in Queensland. CEO of Ray White Rural and Livestock Stephen Nell said this was…
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February 2019: Interest rates on hold, Industry reaction
Yesterday (5 February 2019), the RBA Board decided to leave the cash rate unchanged at 1.50 per cent for its 26th consecutive meeting. “Inflation remains low and stable. Over 2018, CPI inflation was 1.8 per cent and in underlying terms inflation was 1¾ per cent,” said RBA Governor Dr Philip Lowe. “Underlying inflation is expected to pick up over the next…
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Century 21 announce partnership with Seven West Media
Century 21 has announced a multi-year partnership with Seven West Media that will see the new look Century 21 brand, properties and agents promoted across several media assets. Home Beautiful will feature the Century 21 brand on the cover of the magazine and exclusive Century 21 property listings within it in 2019. Century 21 agents and branding will also feature…
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DiJONES opens the doors on the Lower North Shore
DiJONES has officially opened its doors on the Lower North Shore of Sydney with local agents Dean Mackie and Piers van Hamburg at the helm. There are now eight offices with 178 employees under the DiJONES umbrella. DiJONES CEO Robert Ward announced in December that principals Dean Mackie and Piers van Hamburg and their teams would join forces with the…
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A new force enters the Horsham market
One of Horsham’s most recognised agents, Aaron Lewis, has opened a new Ray White office in town. Combining personalised service with the strength of the Ray White brand, Mr Lewis said the opening of Ray White Horsham was a natural progression as his business looks to continue its growth. “Having operated independently for the past nine years, I’m looking forward…
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CoreLogic’s January Home Index shows continued falls
CoreLogic’s January home value index shows the property market in Melbourne and Sydney continued to fall, with all capital cities apart from Canberra recording a month-on-month fall in dwelling values. CoreLogic’s hedonic home value index shows a further 1.0 per cent decline in national dwelling values over the first month of 2019, taking the cumulative decline in Australian dwelling values…
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Ray White NZ welcomes a new office in Swanson, West Auckland
High-performing real estate duo Melvin Plaisier and Alyshia Marshall have just opened their own Ray White office in the Auckland suburb of Swanson. Mr Plasier has been successfully selling in the area for the past 14 years, with his partner Ms Marshall joining him just over three years ago. Real estate in the local area runs deep in the Plasier…
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REINSW to hold 13th annual Women in Real Estate conference to empower female professionals in the industry
The annual REINSW Women in Real Estate (WIRE) conference will return for its 13th year on 26 March, with registrations open now. The conference brings together women across the industry and well-known local and international speakers for a day of professional development and personal motivation. WIRE 2019 will be held on 26 March at the Art Gallery of NSW. The…
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New database offers first ever Landlord Report Card
In an Australian first, LIDA (Australasia) – Landlord and Investor Database for Agents – has developed a Landlord Report Card, giving property managers insight into landlords before they take them on as clients. Up until now, landlords have had the ability to swap and change agencies and property managers at will, with no information available to the new management on the…
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Online platform allows buyer to purchase home while shopping for groceries
Ipswich Real Estate’s Dylan Ansems and Jason McNamara are savvy users of technology. When they listed a property in Woodend, their Click2Offer system sent an email to alert all parties interested in property that it was now open for online offers (over $365,000). When the email notification popped up on one parties phone, she immediately registered and made her first offer…
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Real estate industry professionals recognised in Australia Day 2019 Honours
Several members of the real estate industry have been recognised in the 2019 Australian Day Honours, receiving recognition for the work they’ve done both for the industry and for their communities. 2019 saw 1,127 Australians recognised on the Australia Day list – the largest number in the history of the Order of Australia. Among those recognised were several members of…
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Queensland proptech company brings on several big names in advisor roles
Brisbane-based OurProperty, a proptech in the property management space, has started 2019 with a bang, bringing on several big names in the property industry as its new board of advisors. The company, which develops property management products, has brought on the advisors to support its ongoing goal of becoming a major player in the property management tech zone and look…
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Houses selling for up to $400k more in coveted public school zones: REIV
Homes in the designated neighbourhood boundary of some of Melbourne’s popular public primary and secondary schools are securing sale prices of up to $412,500 more than those just outside the zone, according to the latest REIV data. REIV President Robyn Waters said houses within some school catchment areas are hot property, because access to sought-after public schools is one of…
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Chinese investment in Australian property to stay strong in 2019 as buyers look to ‘grab a bargain’
Juwai.com has released the Australia 2019 Outlook for Chinese Residential Real Estate Buying, which shows that 2019 will continue the strong outlook for Chinese investment as buyers are attracted by dropping prices in key markets. According to the report, Chinese buyers will be bolstered by strong Chinese wealth growth and the desire to get a bargain while the market is…
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Scholarship winner secures job with Laing+Simmons
Monique Layoun did not set her sights on winning the Laing+Simmons Scholarship when she applied for the program – which has now run for more than two decades – during her final year at Nagle College in Blacktown. She simply wanted to put her natural interest in real estate to the test by undertaking the week’s work experience and seeing…
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Realestate.com.au report shows the true issues facing ‘Generation Rent’
In partnership with youth publishing group Pedestrian. TV, realestate.com.au has released the 2019 Renters Report which provides a snapshot of young Australian renters and the issues facing them. The report highlights some surprising statistics around living conditions and rental stress in 18 to 39-year-old Australians. It surveyed 3,500 respondents nationally through quantitative research methods, as well as taking a qualitative…
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Stone Real Estate debuts in Five Dock
Stone Real Estate is expanding further into inner western Sydney next week, bringing on award-winning local agent Christian Leung as principal of Stone Five Dock. Mr Leung’s sales expertise extends across the board, from studio apartments to waterfront properties, as well as project marketing from small-scale boutique residential to multi-stage developments. Joining Mr Leung as co-owner of Stone Five Dock…
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@realty signs partnership with Gold Coast Suns
National real estate network @realty has signed a five-year partnership with the Gold Coast Suns Football Club as an official sponsor of the team’s coaching staff. @realty will be the Gold Coast Suns’ exclusive real estate partner and senior coach Stuart Dew’s first corporate partner. The partnership has been forged as @realty prepares to expand its operations into the Northern Territory,…
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Jane Schumann and her team head to Raine & Horne Double Bay
Jane Schumann and her team have made the move to Raine & Horne Double Bay. After a career in real estate spanning 28 years, Ms Schumann is excited about the possibilities of such a move. After being with her previous agency for 13 years and working in real estate since 1990, Ms Schumann brings a great deal of experience and knowledge…
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Husband and wife team join OBrien Real Estate
Chris and Candice Hill from Melbourne’s South East have joined the O’Brien Real Estate brand. Mr and Mrs Hill will join the Berwick office under the directorship of Dean O’Brien. Mr O’Brien co-founded OBrien Real Estate in late 2010, opening its first office in Berwick. Since then the network has grown to 27 offices. Mr Hill began his career in real estate…
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Purplebricks changes tactics in US, takes on traditional fee structure
Fixed-fee agency Purplebricks has announced a change to its US business model, switching to a varied listing fee structure which will only be charged when a home is sold. The new approach for the network will launch this week and aligns the business with a more traditional agency model. “These changes have been informed by customer and agent feedback and…
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Kay & Burton announces new corporate structure
Kay & Burton have started 2019 with a change to their corporate structure, after a year of implementing new businesses and platforms in 2018. Major investments included the development of Kay & Burton Projects as a recognised player in high-end off-the-plan new developments. New sales and property-management businesses have also been launched in Armadale and Brighton to meet the needs of…
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Why agents are knocking at NOKK’s door
Like many start-ups, the idea was born from personal experience. NOKK co-founder Ben Voltz, a digital entrepreneur who also counts transaction platform ROKT as one of his successes, was struggling to find a home in his desired suburb of Albert Park in Melbourne. “There were only about 15 properties on the market, which is a very small amount out of…
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Top RE/MAX agent is sold on Cairns
It took a Cairns holiday and a visit with the RE/MAX Real Estate Services team to lure Tiffany Krause, one of RE/MAX Australia’s high achievers, to the region. Ms Krause began her real estate career just over a decade ago in a family real estate business before joining RE/MAX in December 2009. Since then she has established an enviable reputation…
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