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Real Estate News
Interest rates on hold as world watches war in Ukraine
The Reserve Bank of Australia is closely watching the war in Ukraine and has elected to keep interest rates on hold for now at 0.1 per cent.
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Real Estate News
The busiest February auction week on record
This week proved the busiest February auction week on record, with 3384 properties taken to auction across the combined capitals.
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FEATURE INTERVIEWS
Henzells Agency: shaping a community
It was 1935 when Roy Henzell Snr rolled into the relative backwater of Caloundra seeking business opportunity.
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Real Estate News
Clearance rate steady as auction volumes continue to rise
Auction activity continued to increase this week, with volume up 20.7 per cent week-on-week and 36.2 per cent higher than the same time last year.
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THE ELEVATE PODCAST
Delivering service excellence: Nick Psarros on working with buyers, time management tips and putting the client first
Top-selling South Australian agent Nick Psarros realised early in his career he didn’t want to be the type of agent constantly chasing listings.
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INDUSTRY NEWS
Market Buy’s engine now available to brands
Online offer management platform Market Buy now provides brands with the ability to ‘white label’ their software for a branded experience.
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Real Estate News
Domain’s marketplace strategy reaping results with half-year revenue up 27.9 per cent
Domain’s ‘Marketplace strategy’ is reaping rewards with the group posting revenue of $175.3 million for the first half of the 2021/22 financial year.
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Real Estate News
HTW property clock stable, but what will happen next?
Herron Todd White (HTW) has released its real estate predictions for the year ahead as the monthly property clocks continues to show market stability.
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Real Estate News
Auction volumes up 35 per cent, clearance rate also climbing
Auction volumes and the clearance rate continued to climb this week, with the number of auctions increasing 35.2 per cent while enjoying the highest success rate since late November last year.
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INDUSTRY NEWS
REA Group reveals outstanding half-year performance
REA Group has released its half-year financial results with the data reflecting a surge in listings along with record visitor numbers that saw the realestate.com.au emerge as Australia’s seventh largest online brand.
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INDUSTRY NEWS
Smaller capitals lead the auction volume increase
Auction volumes have continued to increase this week, with the smaller capitals leading the charge.
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INDUSTRY NEWS
Agent sells 236 properties in one year via Market Buy
A top-performing Queensland agent has set a personal record, selling 236 properties in the past 12 months, all via the Market Buy online offer management platform.
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THE ELEVATE PODCAST
High volume sales: AREAs winner Michelle Stephens on high-volume sales, how to scale up when you’re at capacity, and building the right team for you
When you’re named the top residential salesperson for Victoria at the AREAs, it could be tempting to sit back and coast along in the knowledge you’re among Australia’s highest performing real estate agents.
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Real Estate News
Inflation came sooner than expected, but RBA keeps rates on hold
Inflation has picked up faster than the Reserve Bank of Australia expected, but the board still elected to keep interest rates on hold at a historic low of 0.1 per cent today. At the bank’s first meeting of the year, the board did elect to stop further bond buying, with its final purchases to be made on 10 February. In…
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Celebrity Homes
Kurt Cobain’s daughter sells Hollywood home for small profit
The daughter of late music icon Kurt Cobain has sold her vintage Hollywood Hills villa for a modest profit less than two years after purchasing the property.
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Real Estate News
Openn data highlights a market with sustained buyer competition
Online property sales platform Openn has taken a deep dive into their data for the final months of 2021, noting although buyer demand eased slightly in the December quarter there was still sustained competition.
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Real Estate News
Auction volumes and clearance rate on the rise
Auction volumes increased 166.1 per cent this week, with CoreLogic reporting 1160 properties were taken to auction in the combined capitals, resulting in a preliminary clearance rate of 74.1 per cent.
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Real Estate News
Foreign buyer purchases in decline, sales on the up
The latest data from the Australian Government indicates foreign buyer purchase volume dropped 19.5 per cent in 2019-20, while sales volume increased 66.4 per cent in the same period.
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Elite Agent
8 social media post inspiration ideas for real estate agents
It’s safe to say most real estate agents have a love-hate relationship with social media. You love that it’s a way to promote your properties and your brand but you hate coming up with ideas that are going to win new clients and retain previous ones.
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Real Estate News
New auction year kicks off after record December quarter
As predicted, the 2022 auction year has kicked off early, with 448 properties taken to auction nationally this week.
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Real Estate News
Fancy your own fairytale castle? It comes with a hefty price tag
A custom-built Gothic castle has hit the market in the United States for an eye-watering price tag of US$35 million.
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Celebrity Homes
Chris Hemsworth Tasmanian property rumour finally settled
Homegrown Hollywood heart throb Chris Hemsworth and his wife Elsa Pataky might be renowned for their enviable property portfolio, but despite a wealth of speculation,but were they the purchasers of a plot of waterfront land at Piano Coves in Tasmania?
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INDUSTRY NEWS
Top 20 locations where investors can buy with a deposit of $100,000
New research has revealed the top 20 locations that investors can buy into with a deposit of up to $100,000.
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FEATURE INTERVIEWS
Where are they now? Part 2: Joel Davoren and Lauren Kirk
In this second article in a two-part feature that looks at where the stars of the first ever Elite Agent Magazine are now, we speak with Joel Davoren and Lauren Kirk
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FEATURE INTERVIEWS
Where are they now? Part 1: David Highland and Paul Signorelli
To celebrate the 40th edition of Elite Agent magazine last year, we thought we'd catch up with a few of the stars of the first issue including David Highland and Paul Signorelli.
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INDUSTRY NEWS
Omicron hits the real estate sector
With more than 600,000 active cases of Covid in Australia, and the Omicron variant surging across the country, the impact on the real estate sector is now becoming more evident. From staff shortages to legal implications and a slowdown in the rental market, this is what the nation’s real estate institutes are hearing from their members… Real Estate Institute of…
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Real Estate News
Values continue to increase, with two cities leading the charge
Brisbane and Adelaide are leading the charge when it comes to increasing home values, according to the latest property market indicator summary from CoreLogic.
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INDUSTRY NEWS
When will auctions really kick off for 2022?
Just over a week into 2022, and the auction market is well and truly back, with auctioneers across the country reporting they’ve never been so busy in January and the auction year has never kicked off this early.
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Real Estate News
A year like no other for the property market
Herron Todd White (HTW) has released its final property clock for the year, looking at the factors which drove the property market in 2021.
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Real Estate News
How will stalled population growth impact the property market?
With Australia’s international borders closed for the better part of two years, the Federal Government has revised its population outlook, noting there is likely to be a 1.5 million person shortfall by 2030/31 compared to previous predictions.
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THE ELEVATE PODCAST
Creating the opportunity: Alex Jordan on reinventing, building an attraction business, and how to become a top selling agent
How can you become a top selling agent who clients seek out? Alex Jordan says it comes down to building the right profile, providing real value, and perhaps most importantly embracing self-belief.
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National
Property market concludes its busiest ever auction year
Just a week out from Christmas, the auction market continues to show its strength, with 4756 properties going under the hammer across the country.
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INDUSTRY NEWS
15 real estate professionals offer their property market predictions for 2022
After a bumper year for real estate, there’s a lot of talk about what the property market will do in 2022.
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Real Estate News
Records smashed as almost 5000 properties go under the hammer
Another auction record has been smashed with almost 5000 properties taken to auction in a week where volumes far exceeded all previous highs across almost every capital.
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Real Estate News
Clearance rate slips below 70 per cent as volume continues to surge
Auction volumes couldn’t quite equal the record highs of last week, but still this week proved the second busiest auction week ever, with 4136 properties going under the hammer across the major capitals.
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