Real Estate News
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Mark Carter: understanding and delivering value can generate more listings
Understanding your value proposition and knowing how to add value can help grow your real estate business according to an expert.
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Federal Budget doesn’t do enough to address long-term housing shortage
Real estate and housing industry experts have said the Federal Budget looks good on the surface but lacks the depth to address the nation’s long-term housing shortage.
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Feeling bored? Go for an indoor swim
A stunning Olinda house with its very own indoor, spring water pool and spa has officially hit the market with a price guide of $2.4-$2.64 million.
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Building approval drop adds more fuel to the housing crisis
The housing crisis across the country could get worse after building approvals dropped to their lowest level in a decade, according to experts.
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Protect your business and clients’ privacy: O*NO Legal’s Privacy Prepared Health Check
There’s no better time than now to make sure you’ve got your legals covered when it comes to your clients’ privacy.
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Rent assistance forms part of first surplus Federal Budget in more than a decade
Cost of living relief has formed the centrepiece of Jim Chalmers’ second Budget in under a year, with the treasurer delivering a surplus for the first time in 15 years.
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Alison Hancock joins Domain
Domain has appointed human resources executive Alison Hancock as its new Chief People Officer.
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New AI to give agents micro market insights
The Real Estate Institute of Victoria has joined forces with PropTech business PointData in a move that will enable agents to drill down to street level to generate market insights.
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Are renters being forgotten with the focus on mortgage holders?
Despite the ongoing attention on mortgage holders getting hit with higher interest rates, renters are actually the ones that are far worse off according to new research.
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Market downturn sees eXp World Holdings revenue and profits fall
eXp World Holdings, the parent company of virtual real estate brokerage eXp Realty, has announced its financial results for the first quarter of 2023 with significant drops in revenue and profit.
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A new era for Rodgers & Wilson Real Estate
After six years successfully servicing the Northern Gold Coast, family-owned agency Rodgers & Wilson Real Estate has taken the next step on their business journey, joining the Agents’Agency as they look towards a period of growth.
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Redfin joins the AI race – launches chat-based search plugin
The AI race is well and truly on in the US with real estate brokerage Redfin launching a ChatGPT plugin just days after Zillow did the same.
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Foreign buyers return to the Australian housing market
Foreign buyers are returning to the Australian market following a drop in numbers in 2022, according to a new property report.
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Elders Lifestyle Group extends Evans Head reach
The Elders Lifestyle Group has acquired First National Evans Head.
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The big four banks pass on the latest rate hike
There’s no relief in sight for borrowers, with all big four banks announcing they will pass on the latest 25 basis point rate hike.
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First-home buyers lead the way as new loan commitments rise
New loan commitments for housing have risen for the first time since early 2022, climbing 4.9 per cent in March, including a substantial 15.8 per cent increase in new owner-occupier first-home buyer loan commitments.
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Developing a team of auctioneers with the skill to handle anything
A focus on mentoring and working as a team has been credited with helping AuctionWORKS' auctioneers develop the skills to handle the plethora of situations auction day throws at them and generate the best results for clients.
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Remote investing soars, but it could trouble tight rental markets
Remote investing has accelerated for the third year running, despite the easing of Covid restrictions, and it could spell bad news for some of our tightest rental markets.
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Own a piece of Provence: historic castle for sale
The largest castle in Provence, known as Chateau De La Verdière, has just been put on the market for US$19.7 million.
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Simon Cohen launches seller’s advocacy agency
Could seller’s advocates be the next big thing in real estate?
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The force is strong in this Star Wars-themed property
Star Wars fans could be the talk of the Galactic Empire with this one-of-a-kind, block of land that comes with DA approval for a home that is built like a Star Wars-themed spaceship.
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Why real estate agents can’t “bury their head in the sand” with AI
In less than six months, Chat GPT has exploded onto the scene and has changed the way businesses all around the world are operating.
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Some capital city vacancy rates starting to ease
The nation’s vacancy rate remained at its lowest point on record in April at 0.8 per cent, despite the number of available rentals increasing slightly in five capital cities.
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Perth house prices continue to rise, units stable
Perth’s house market is on the rise, while the city’s unit market has remained stable, according to the latest figures.
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Devine Real Estate joins The Agency
The largest acquisition in The Agency’s history has come to fruition, with Devine Real Estate joining the national network.
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Zillow launches ChatGPT plugin for seamless house hunting.
Buyers will no longer have to fall down the endless scroll hole when searching for a property in the US, with Zillow launching a game-changing plugin that will transform the house hunting experience.
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Technology and digitisation to disrupt 23 per cent of jobs
Almost one-quarter of jobs will be disrupted in the next five years, with technology and digitisation fuelling the fastest growing and declining roles.
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We need a ‘lemon law’ to make all the homes we buy and rent more energy-efficient
A long-awaited increase in energy-efficiency requirements for new homes is part of revised Australian construction standards that have taken effect this week.
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Interest rates rise for the 11th time in this cycle
The Reserve Bank of Australia has increased interest rates for the 11th time in 12 months, lifting the cash rate 25 basis points to 3.85 per cent.
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Zillow CEO to be questioned in rival’s antitrust lawsuit
Seattle-based real estate platform, REX - Real Estate Exchange, has been granted permission to question Zillow Group Chief Executive officer Rich Barton in the company's antitrust lawsuit against Zillow and the National Association of Realtors (NAR).
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Personal ambition and work-life balance: David Samarges first 100 days with Agents’Agency
As a highly-driven sales agent, David Samarges has carved a reputation among Victoria’s elite.
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Well-known media identity joins The Agency
Tim Gossage can’t wait to do his first open home.
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Confidence returns to the property market
Confidence is slowly returning to property markets across the country, with demand for quality properties still remaining high according to experts.
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Federal Government boosts housing packages ahead of the May Budget
The Federal Government has announced a raft of increases to national housing initiatives ahead of its May 9 Budget, including an additional $2 billion for social and affordable rental housing.
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The rate debate: 55 per cent of experts expect a rate rise
Despite the Reserve Bank of Australia (RBA) holding rates steady last month and inflation appearing to reach a peak, 55 per cent of experts think the board will hike the cash rate again at the May meeting.
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