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Elite Agent
How to motivate your team to sustained excellence
Motivation is one of those things that can take us to great heights, but at times, as we all know, that motivation can be hard to find.
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Elite Agent
Annual auction volumes declined in May
After a record volume of auctions were held in the first four months of the year, last month saw an annual decline in listings for the first time since February 2021.
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Real Estate News
Auction clearance rate drops to its lowest point in almost a year
Auction volumes were slightly lower this week, with 2635 properties going under the hammer across the combined capitals to return a preliminary clearance rate of 62.3 per cent.
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Real Estate News
RBA examines the post-pandemic housing market
Property prices have increased, the construction industry is at capacity, and the average Australian household size has fallen throughout the course of the COVID pandemic. But will these trends continue into the foreseeable future?
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Real Estate News
Preliminary clearance rate rises on the back of auction surge
This week proved the busiest auction week since the pre-Easter spike, with 3229 properties going under the hammer across the combined capitals to record a preliminary clearance rate of 63.7 per cent.
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FEATURE INTERVIEWS
AREAS 2021: How Josh Tesolin shifted the goal posts to sell 350 properties in a year
When Josh Tesolin sets a goal, you better believe he’s going to achieve it. After all, this is a top-performer who clocked up $1 million Gross Commission Income (GCI) in his first year as an agent.
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Real Estate News
Federal Election puts a dampener on auctions
With the nation heading to the polls for a Federal Election at the weekend, both the auction volumes and the preliminary clearance rate felt the effect, slumping to the lowest success rate of the year. CoreLogic reported auction activity was down across all capitals, except Perth, with just 1676 properties going under the hammer in the combined capitals to record…
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FEATURE INTERVIEWS
AREAS 2021: What Kate Smith did to create an attraction business
After 20 years in the real estate industry, Kate Smith is of the firm belief the best agents adapt quickly, leverage the prevailing market conditions, and stand by their processes to achieve the right result for clients.
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TECH + SOCIAL
Welcome to the Metaverse: What it is and why it matters to real estate
Snoop Dogg’s buying there, Ryan Serhant’s selling there, and now the world’s biggest social media company has rebranded to incorporate its name. But what exactly is the Metaverse, and why should the real estate industry pay close attention to its increasing fame?
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Real Estate News
Auction clearance rate falls for fourth consecutive week
The preliminary clearance rate continues to trend lower after auction volumes rose 38 per cent this week to see 2847 homes taken to auction across the combined capital cities.
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Real Estate News
How the rate rise affected this week’s auctions
After the first rate rise in over a decade, auction volumes were down this week, with 2039 properties going under the hammer, resulting in a preliminary clearance rate of 64.7 per cent.
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BEST PRACTICE
How to manage your email overload and boost productivity
As you settle in for another workday, chances are you’re trawling through the emails in your inbox and feeling that good old sensation that comes with the modern workday territory – email overload.
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INDUSTRY NEWS
Cash rate rises for first time in over a decade
After 17 months of record low interest rates, the Reserve Bank of Australia has today lifted the cash rate 25 basis points to 0.35 per cent while clearly indicating more rate rises are to come.
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Real Estate News
Auction clearance rate slips further
The preliminary clearance rate has slipped further this week on the back of increased auction volumes across the combined capitals.
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National
The lowest preliminary clearance rate of the year
Despite the ANZAC Day long weekend, 1813 homes were taken to auction across the combined capital cities this week, resulting in a preliminary clearance rate of 67.6 per cent.
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Real Estate News
East coast kicks off 2022 with $150B worth of property sales
Despite talk of a softening market, Australia’s love affair with real estate continues, with the latest data from PEXA revealing more the $150 billion worth of property on the east coast settled during the first quarter of 2022.
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Real Estate News
Low clearance rate due to Easter auction slowdown
The Easter long weekend resulted in the auction slowdown that had been widely predicted, with just 134 properties going under the hammer across the major capitals.
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INDUSTRY NEWS
Almost 4000 properties go to auction in one of the busiest weeks on record
This week proved the busiest auction week of the year and the sixth busiest since CoreLogic records began as almost 4000 properties went under the hammer across the combined capitals.
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THE ELEVATE PODCAST
Maximising potential: Haesley Cush talks partnering, succession and investing in the dreams of your team
Haesley Cush and Matt Lancashire are rightly regarded as one of the most successful partnerships in real estate.
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INDUSTRY NEWS
Interest rates on hold but experts tip a rise is coming
The Reserve Bank of Australia has again opted to keep interest rates on hold at 0.1 per cent as they eye the likelihood of increased inflation over the coming months.
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Real Estate News
Auction volumes dip as the market readies for its busiest week of the year
CoreLogic is tipping next week will prove the busiest auction week of the year so far after volumes dipped a little across the combined capitals this weekend.
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THE ELEVATE PODCAST
How to build a successful real estate career: Dan Argent on going from rookie to top performer then into business and beyond
If you could chart the ideal real estate sales career, what would it look like? How could you go from rookie to established agent, then build a team, become a top performer and perhaps step into your own business? And what challenges would you face along the way?
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INDUSTRY NEWS
What’s in the budget for real estate
In a federal budget that was as much about a pending election as it was an economic update, Treasurer Josh Frydenberg has pledged to deliver a stronger economy and future for Australia.
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INDUSTRY NEWS
Preliminary clearance rate dips on the back of higher auction volumes
The preliminary clearance rate fell to its lowest rate of the year so far on the back of increased auction volumes this week.
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INDUSTRY NEWS
Hard work and dedication pay off for 2021 AREA winners
Happy clients, excellent results and self-betterment are high on every real estate agent’s agenda.
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Real Estate News
Auction volumes top the 3000 mark
Auction volumes have again surpassed the 3000 mark, making this weekend the second busiest of the year so far.
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INDUSTRY NEWS
How agencies are coping with losing management fees from flood-affected homes
Real estate agencies in flood-ravaged Northern NSW have urged others to set aside some profits every month, with their ‘rainy day’ disaster funds now coming in handy.
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FLOOD RESOURCES
Looking after the welfare of his team: David Gray, Elders Lismore
When floodwaters swept through Lismore and much of the Northern Rivers, David Gray’s thoughts turned to his community, but as the principal of multiple offices, his priority was the welfare of his team.
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Real Estate News
Auction volumes down by almost a third
Auction volumes have dropped by almost a third this week, but it is not recent flooding in Queensland and New South Wales that is the culprit but rather long weekends in four capitals.
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FLOOD RESOURCES
The ‘mass devastation’ in Lismore revealed
In Lismore, Ray White’s office was among the businesses inundated with flood water, but principal Neil Scott’s focus isn’t on the personal impact. His thoughts are firmly with his community. Video courtesy of Ray White. Widely considered ground zero of the recent flood event, Lismore endured unprecedented levels of flooding throughout the township. In a video from the front of…
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THE ELEVATE PODCAST
What tech, when?: Sarah Bell talks agent challenges, tech solutions, and how to find the right tools and support for your business
More productivity, greater efficiency…it’s the catch phrase of a real estate landscape increasingly turning to technology for leads, prospecting and communication.
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Real Estate News
How floods impacted this week’s auctions
Just days after floods impacted both south east Queensland and New South Wales, the first set of property market data is in, with auction clearance rates and withdrawals offering an insight into the impact of the recent severe weather.
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Real Estate News
Volume remains high, with almost 3000 properties taken to auction
Auction volumes fell slightly this week, with 2945 properties taken to auction across the combined capitals, resulting in a preliminary clearance rate of 72.7 per cent.
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FLOOD RESOURCES
A four-point response plan to flooding crisis: McGrath Paddington
When it became evident clients of the McGrath Paddington, Wilston and New Farm offices would be among those directly impacted by rising flood waters, the real estate team quickly sprang into action.
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FLOOD RESOURCES
REIQ and REINSW outline resources for agents and PMs in flood-affected areas
The Real Estate Institute of Queensland is calling on agents and property managers to familiarise themselves with the resources available as the flood clean-up in Queensland continues.
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