Real Estate News
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Scott Mackey continues to boost Bundaberg internationally
Bundaberg real estate business owner Scott Mackey continues to promote the region internationally, connecting with a fellow agent in Japan in his latest venture. Mr Mackey recently attended and presented at the inaugural RE/MAX Japan conference in Tokyo. He featured in the ‘Special session presented by Global Leaders’, along with Tony Williamson from RE/MAX in Cairns, Denver-based Jan Repa, Executive Director,…
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Domain purchases Commercial View
Domain have made their first acquisition since the Nine takeover, purchasing Commercialview.com.au. The move comes after the announcement last week that Chief Sales Officer Tom Ainsworth had been made redundant after CEO Jason Pellegrino had made the decision to restructure the business. The acquisition is occurring via Commercial Real Estate Media (CREM) which is a subsidiary of Domain – owned…
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1form launches Tenant Verification
Realestate.com.au’s 1form is making tenant selection easier and faster with this week’s launch of Tenant Verification. The new feature will allow potential tenants to submit a more complete application, by checking their identity documents (Australian driver’s licence or Australian passport) through Australian Government Document Verification Service and National Tenancy Database checks, together with court record checks, and bankruptcy checks conducted by…
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Richardson & Wrench extends Western Sydney reach
The R&W Rooty Hill team has expanded its western Sydney footprint with the opening of a second office in Erskine Park/St Clair. Founder and principal Roy Amery has operated the Rooty Hill office for more than 16 years and has a commanding presence in sales and one of the largest rent rolls in the west. After seeing his business flourish…
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Purplebricks posts interim results, reports Australian operating loss of $10.2 million
Purplebricks have posted their interim results from the first half of the financial year in London, with the report stating ‘market conditions and some operational issues’ are the reason behind significant operating losses in Australia. Shares in the company fell almost 13 per cent after the results were posted. They included an Australian operating loss of $10.2 million in the…
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REIA elects new president
The Real Estate Institute of Australia (REIA) has welcomed the election of a new President, Adrian Kelly from Tasmania. Mr Kelly was elected as the 45th President of REIA, the national professional association for Australia’s real estate sector, at the Annual General Meeting held in Canberra on 13 December, effective immediately. Hayden Groves from Western Australia was re-elected Deputy President…
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Survey results show what really makes property managers happy
Property software provider Rockend has released the results of their 2018 Voice of the Australian Property Management survey which has shown how property managers really feel about their industry. The survey of 1,034 property management professions, including property managers, principals, heads of departments, BDMs and trust managers, was aimed at establishing a benchmark for the feeling of those in the…
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Laing+Simmons announce new Lane Cove office
The team behind the Laing+Simmons Hunters Hills office has expanded to the other side of the river, opening a new Lane Cove office in time for the start of 2019. A presence in Lane Cove is an important strategic move, explains principal Richard Pickton. “With a significant proportion of our rent roll in Lane Cove and its surrounds, it makes…
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Tom Ainsworth receives redundancy from Domain as restructure is announced
Domain’s chief sales officer Tom Ainsworth has been made redundant as CEO Jason Pellegrino makes major restructuring changes in the business. According to a memo sent to Domain staff yesterday, the restructure will see the business split into two main arms – B2B and B2C. The split has seen the former chief product and customer experience officer Tony Blamey promoted…
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Nine agents join McGrath Paddington
Leading residential agency McGrath Estate Agents, a division of McGrath Limited, has announced that nine high-performing agents will join McGrath Paddington as it seeks to bolster its existing company-owned offices in Brisbane. The new recruits will be led by Daniel Goodwin, who is transitioning his entire sales team across to McGrath. His agents will service key Brisbane suburbs that include…
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realestate.com.au launches Agent Ratings and Reviews
realestate.com.au has launched Agent Ratings and Reviews as a free, unbiased platform to help agents get noticed by more people on the website. Agent Ratings and Reviews will go live to consumers on realestate.com.au in early 2019, giving agents time to look their best by gathering real, authentic reviews from past buyers and sellers ready for launch. Agents have the…
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Crown Residences at Barangaroo, Ironfish, ArchiStar and BC Securities Win Chinese Global Choice Awards from Juwai.com
Australian companies Crown Residences at Barangaroo, Ironfish, ArchiStar and BC Securities were four of the most notable among the 20 of the world’s very best China-focused real estate marketers who were named as winners of the Global Chinese Choice Award by Juwai.com at a gala black-tie dinner event in Shanghai on Wednesday, 5 December. The awards presentation followed four months…
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JLL appointed to manage the Gold Coast’s largest urban renewal precinct
Global real estate services company JLL have been appointed by UBS Asset Management’s Real Estate Business to undertake leasing, property, marketing and facilities management services for the former Athletes’ Village of the Gold Coast 2018 Commonwealth Games (GC2018), as it is transformed into Australia’s first ever large-scale build-to-rent housing scheme, known as Smith Collective. Incorporating seven hectares of residential and retail…
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McGrath recruits Justin Marsden to lead Queensland growth as State Manager
McGrath Estate Agents today announced that Justin Marsden has joined the company as State Manager for Queensland, while also overseeing their northern NSW footprint. Mr Marsden brings more than 18 years’ experience, carving an impressive record as a sales agent, principal, auctioneer and coach. Christopher Mourd, Head of Franchise Network for McGrath, said he was delighted to welcome Justin to…
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Stone Real Estate opens in Copacabana
One of the Central Coast’s most respected agents, Andrew Thomson, yesterday opened Stone Real Estate’s newest franchise in oceanside Copacabana – the 13th office opening for the network this year. The new principal of Stone Real Estate Copacabana rose to the top five per cent of sales agents nationally at his previous agency after building an envious sales record in…
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LJ Hooker bolsters recruitment division
LJ Hooker has appointed former Cooley Auctions auctioneer Toby Llewellyn to its network development team, bringing to the recruitment division a background across both real estate and technology. In addition to calling for Cooley Auctions across New South Wales, Mr Llewellyn was also instrumental in rolling out its online auction management platform, AuctionNow. “Having a background in technology – initially…
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Highly regarded real estate agent Michael Keil joins The Agency
The Agency Group Australia’s has recruited highly experienced, award-winning real estate agent Michael Keil in Western Australia. With over two decades’ experience under his belt in the WA property market, Mr Keil – a licensed real estate business agent and auctioneer– is highly regarded in the industry, where his innovative sales strategies have delivered proven results for both residential property…
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Dexus paves the way to net zero emissions with renewable Energy Supply Agreement
Dexus has agreed terms for one of Australia’s first supply-linked renewable Energy Supply Agreements (ESA), which will purchase renewable energy offsite to power the base building services of more than 40 buildings in its New South Wales property portfolio. This will be achieved through the procurement of renewable energy generation and presents a new lever for Dexus and the property…
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National rental report does not paint full picture of tenant experience: REIWA
A report from consumer watchdog CHOICE, together with National Shelter and The National Association of Tenant Organisations, claims that over 50 per cent of tenants are living in properties that need repairs. However, industry bodies say the report isn’t reflective of the full story. According to REIWA, the issues raised in the Disrupted: the consumer experience of renting in Australia report are…
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Offices combine to create Ray White Commercial Northern Corridor Group
Ray White Commercial Northern Corridor Group has joined forces with the Pine Rivers office to become one of the largest commercial real estate agencies on the northern side of Brisbane, boasting offices in Brendale, Morayfield and Mooloolaba. The Group will now service from North Brisbane through to Noosa, with Michael Shadforth and Chris Massie leading the team. “Market knowledge, future…
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Clown Doctors 2018 Christmas Appeal and DiJONES come together to brighten the lives of those in hospital
DiJONES and The Humour Foundation are again running the Clown Doctors Christmas Appeal. DiJONES CEO Rob Ward said the DiJONES team pride themselves on helping those who aren’t able to spend Christmas in their family home, so why not make it that little bit more special and brighten up a child or family’s day? “It was exciting to experience the…
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@realty steps in to new headquarters
National real estate industry network @realty is gearing up for its next phase of growth, making the move to its new headquarters in Gold Coast corporate tower 50 Cavill Avenue in Surfers Paradise. Established on the Gold Coast by father and son duo, James and JJ Taylor, the company’s CEO and director respectively, the network now comprises a head office…
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Suzy Tiric joins DiJONES Future Superstars Program
The team at DiJONES Eastern Suburbs have welcomed Suzy Tiric, who joins the agency as part of the Future Superstars Program. DiJONES CEO Rob Ward said Ms Tiric is highly motivated and a perfect fit for the brand. “As a mother of three, Suzy brings a wealth of knowledge from her past careers as a teacher and having owned a…
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Knight Frank appoints leading Residential Project Marketing agent
Knight Frank has appointed Murray Wood as Partner, Residential Project Marketing, Australia from early 2019. With over 20 years’ industry experience specialising in project marketing, Mr Wood has had exceptional exposure to prestige projects including several major Sydney CBD landmarks: Barangaroo – Stage 1; three stages of Darling Square; and the famous Opera Residences at Circular Quay. Knight Frank’s Partner,…
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RE/MAX Success throws lifeline to farmers
RE/MAX Success has raised more than $7,800 for drought-stricken farmers with the support of its sales and property management clients. “We teamed up with Lifeline to help make life a little easier for farmers across the Darling Downs and South West Queensland,” said RE/MAX Success general manager Daniel Burrett. He said that each agent on the RE/MAX Success team had…
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December 2018: Interest rates on hold, Industry reaction
At its meeting yesterday (4 December 2018), the RBA Board decided to leave the cash rate unchanged at 1.50 per cent for its 25th consecutive meeting. “Conditions in the Sydney and Melbourne housing markets have continued to ease and nationwide measures of rent inflation remain low,” said RBA Governor Dr Philip Lowe. “Credit conditions for some borrowers are tighter than they…
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Sydney becomes affordable as northern Brisbane takes the lead in new report
A new report from PRDnationwide has made some surprising discoveries along the eastern seaboard, including affordability in parts of Sydney for the first time since 2016 and a strong market in Brisbane’s north. The PRDnationwide Affordable and Liveable Property Guides 2nd Half 2018 for Sydney, Melbourne, Brisbane and Hobart reports on many key indicators, creating a holistic picture of property…
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OBrien Real Estate extends network into Melbourne’s Inner North
OBrien Real Estate established its first franchise office in February 2013 and now has just opened its 27th office, located in the growth belt of the inner northern suburbs. Originating in the south-east of Melbourne, OBrien until recently had all its offices situated on the east side of the Yarra River, but now you’ll find four recently opened OBrien offices…
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Airbnb set to start designing houses in 2019
Airbnb has announced they will begin building their own prototype homes in 2019 through a new project called Backyard. The short-term letting platform, which arguably kicked off the self-managed short-term letting craze, already has a global network of more than five million properties and is estimated to be worth approximately $38 billion. According to a press release, Backyard will be…
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REA Group appoints Melina Cruickshank as Chief Marketing & Content Officer
REA Group has announced on Saturday that Melina Cruickshank has been appointed to the role of Chief Marketing & Content Officer; taking a place as part of REA Group’s Executive Leadership Team reporting to CEO Tracey Fellows. Spending four years as Chief Marketing and Content Officer of Domain, the move comes days before Nine takes full control of Fairfax Media, which…
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RE/MAX launches network-integrated platform
In the most significant milestone in its digital transformation to date, RE/MAX this month launched Precinct to its Australian and New Zealand networks. Built in partnership with Microsoft, Precinct is a one-stop RE/MAX members portal, where members have easier access to key tools and training, find resources, share ideas through enterprise social media, get real time alerts from the network,…
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RE/MAX VIP expand ownership team
Anita Middleton has joined Kris Hagena on the ownership team at RE/MAX VIP, having left a career in retail management 18 months ago to join Ms Hagena’s real estate team. Ms Hagena said forming a co-ownership provided a perfect opportunity for both of them to bring their strengths to the fore in ensuring the growth of the business. “I’d say…
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Barry Plant “Oak Club” celebrates longevity
At a gala event at the Plaza Ballroom in Melbourne last week, Barry Plant Group Directors, Vic Care and Mike McCarthy welcomed 65 new people to their prestigious Oak Club. The Oak Club was created in 2000 to acknowledge the loyalty and contributions of people who have been with the Barry Plant Group for 10 years or more. The oak…
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Changes to flexible work arrangements from 1 December 2018
The Fair Work Commission has announced changes to flexible work for millions of workers across the country. As of 1 December 2018, employers will need to make a genuine attempt to reach a flexible working arrangement, and provide details for any refusals. Flexible working arrangements include changes to hours of work, patterns of work and locations of work. Employees who…
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Ray White opens the doors on new office in Junee
Experienced real estate professionals Lucas Myers and Cassie Sheahan have expanded their business and will rebrand a very successful agency in Junee that’s been owned by Rob and Jen Barrett, who are retiring after more than 25 years. Mr Myers said the expansion ambition had always been a goal when they opened their Ray White office in Wagga Wagga in…
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