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INDUSTRY NEWS
Domain CEO Jason Pellegrino to step down
Mr Pellegrino will continue in his role for the next three to six months while Domain’s board searches for a replacement.
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INDUSTRY NEWS
REINSW president Barry Johnston resigns
Barry Johnston has stepped down from his role as President, citing personal and business obligations.
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INDUSTRY NEWS
Australia urged to adopt European style co-operative housing to address rental crisis
The Business Council of Co-operatives and Mutuals (BCCM) recommends that the Government adopt co-operative housing like Copenhagen, Vienna and Zurich.
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INTERNATIONAL
New survey reveals politics play a key role in where Americans choose to live
As political landscapes shape more than just elections, a new US survey reveals that nearly one in four Americans now factor politics into their decisions on where to live.
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INDUSTRY NEWS
REA Group pledges $122,00 to fight homelessness
REA Group has stepped up to support Nedd Brockmann’s Uncomfortable Challenge, pledging $122,000 to help tackle homelessness across Australia.
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INDUSTRY NEWS
Glamour meets drama in Melbourne’s high-stakes luxury real estate show Listing Melbourne
Going beyond high-end homes, the show showcase the fierce rivalries, ethical dilemmas, and personal dramas these agents navigate.
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INDUSTRY NEWS
Auction clearance rates climb as buyer demand grows
On Saturday, 19 October 2024, Sydney recorded a clearance rate of 67% from 996 auctions listed.
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Real Estate News
Erin’s mission to revolutionise the apartment experience
Erin’s app simplifies apartment living by integrating rent, maintenance, digital keys, and more, enhancing tenant experiences.
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INDUSTRY NEWS
Secrets of success: how regional agents thrive in real estate
More than 580 real estate professionals from across Australia and New Zealand participated in the first-ever virtual Regional Agents Conference.
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INDUSTRY NEWS
A global comparison: Sydney’s housing shortfall tied to slow transport expansion
A new report, Defining Density (Done Well), highlights that Sydney’s housing shortage is closely tied to its lagging transport infrastructure compared to global cities. Tokyo leads with 553 stations within a 30km radius, while Sydney only has 99. This stark difference limits Sydney’s ability to develop high-density housing near public transport hubs, further exacerbating its housing crisis. The report shows…
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INDUSTRY NEWS
New home sales stabilise
The latest data from the Housing Industry Association (HIA) indicates that the Australian new home market is showing signs of stabilisation, with home sales unchanged in September compared to August. According to HIA Economist Maurice Tapang, “market confidence in new home building is returning,” which is an important indicator for agents working in the residential property sector. The HIA’s New…
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Digital Magazine
From accidental agent to industry innovator: Hannah Gill’s real estate revolution
In a real estate sector where competition is fierce, Hannah Gill, Director of The Property Collective, is breaking away from the usual playbook.
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INDUSTRY NEWS
Rising costs and short-term rentals are reshaping the housing market
Over 70% Australians who rent do so because they simply cannot afford to buy a home - a figure significantly higher than the global average of 55%.
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QLD Real Estate News
Brisbane’s property boom continues despite national slowdown
Brisbane’s property market remains a standout performer in 2024, even as growth across other Australian cities moderates.
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Elite Agent
Could long-term leasing be a solution to Australia’s rental crisis?
Currently, around 31% of Australian households rent, a figure that is expected to increase in the coming years. This shift highlights the growing need for secure, long-term rental options.
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INDUSTRY NEWS
She Sells: a simple WhatsApp group grows into a powerful platform for women at Laing+Simmons
Laing+Simmons has seen the rise of a unique, organically grown collective called “She Sells,” an initiative for female agents that started as a simple WhatsApp group within the company. This network of women agents, who originally connected through the company’s Elevate mentoring program, has grown into a powerful platform for support and collaboration. The program wasn’t strategically planned but has…
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VIC Real Estate News
Victorian rental market sees over 10% increase in 2024
The latest data from the Homes Victoria June Quarter 2024 Rental Report reveals a sharp increase in rental prices across the state.
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Real Estate News
September property listings hit highest levels since 2015
Sellers are embracing the spring selling season, with new property listings in September 2024 reaching their highest volume since 2015.
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INDUSTRY NEWS
Tasmania leads property boom with 233% gains, while NT lags
Property prices in Tasmania have surged by an impressive 233% over the past 20 years, leading the nation in capital growth.
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Real Estate Content
The Block couples: a peek behind the real estate curtain
For real estate agents, The Block provides a unique case study in how to market high-end homes under pressure.
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Real Estate News
Queensland scraps rent caps boosting investor confidence
The Real Estate Institute of Queensland (REIQ) has welcomed a clear statement from both the Premier and the Leader of the Opposition, confirming that rent caps will not be introduced in Queensland.
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Real Estate News
Mortgage holders skipping meals to stay afloat
Australian mortgage holders are increasingly resorting to skipping essential expenses to stay on top of their rising home loan repayments, according to new research from Finder.
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INDUSTRY NEWS
Tailored solutions: REA Group rolls out new customer service model
REA Group has introduced a new service model aimed at offering a more specialised and personalised experience for its customers.
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Real Estate News
Going Beyond Property: Conservation meets Real Estate with SquareBySquare
In an industry where standing out is increasingly challenging, SquareBySquare isn't just selling property – it's selling purpose.
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INDUSTRY NEWS
Unlock the power of numbers to revolutionise your business
In the real estate world, numbers can be a game-changer, and Fiona Blayney, founder of Real+, explains why basic maths can make or break your business.
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Ray White
From art school to real estate: Alistair Macmillan’s 25-year journey of resilience and success
Ray White Head of Performance and Recognition, Bianca Denham, recently sat down with Alistair Macmillian at Ray White Wilston.
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QLD Real Estate News
Noosa’s short-term rental crackdown
Noosa’s potential crackdown on short-term holiday rentals could trigger concerns across Australia.
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Real Estate News
PM’s cautious approach to negative gearing sparks fresh debate
The debate around negative gearing has long been a contentious issue in Australia.
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NEW ZEALAND
How William Yip’s Asperger’s has shaped his unique approach to the industry
William Yip's transition from working in museums and art galleries to becoming a successful real estate agent wasn’t something he ever anticipated.
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Real Estate News
Pet Areas and happy hours top renters’ wishlist
Traditional rental amenities like gyms and swimming pools are losing their appeal, as US renters now favour lifestyle-focused features such as pet areas and happy hours.
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Real Estate News
RBA: No relief with interest rates unchanged
The Reserve Bank of Australia (RBA) has kept interest rates unchanged for the seventh consecutive meeting, maintaining the cash rate at 4.35%.
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NSW Real Estate News
NSW’s rental revolution
Property managers in NSW will need to acquaint themselves with the Minns’ government series of reforms, which is aimed at improving conditions for renters. These reforms include easing restrictions on pet ownership for tenants, introducing a tool to compare rental prices using bond data, and ending “no grounds” evictions. The changes come as the rental market faces rising costs and…
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Elite Agent
Dom Thurbon: How real estate leaders can thrive in times of disruption
In the ever-evolving real estate industry, thriving amid disruption means rethinking long-held assumptions about business models and operations.
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Real Estate News
Renovation boom as new home sales slow
New home sales have lagged across the country as homeowners are increasingly choosing to renovate rather than relocate.
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Real Estate News
Australian homeowners pocket record $285,000 profit in property resales
Australian homeowners pocketed a record-breaking median profit of $285,000 when reselling their properties in the June quarter of 2024, according to CoreLogic's latest Pain & Gain report.
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