-
INDUSTRY NEWS
How Instagram’s algorithm works, and how to make it work for you
According to Facebook-owned photo-sharing platform Instagram, before the controversial decision to ditch its reverse-chronological feed, users were missing 70 per cent of all posts, and 50 per cent of their friends’ posts. A new algorithm was introduced, reportedly to improve the user experience, but what made that algorithm tick has remained a closely guarded secret. Until now. Speaking to a…
Read More » -
EPM
Brent Martens and Micheal Ramsay: Gold on the Coast
It’s OK to have fun, even when you are tied up in the serious business of growing a rent roll. This is the one of the secrets to success for the Harcourts Coastal BDM duo, whose results speak for themselves. In the last 12 months they listed 511 properties, a number they hope to beat this year through working together,…
Read More » -
FRANCHISE NEWS
Coronis expands presence in Toowoomba with office relocation
Coronis Toowoomba have relocated, moving their office into the expanding Mills Precinct. Agency leader Luke Hanson said the move to the Mills Precinct has made a refreshing change for the office, who had outgrown their space on Ruthven Street. “The Mills Precinct offers a prominent location and gives Coronis greater exposure in Toowoomba. “Being in the heart of the CBD…
Read More » -
INDUSTRY NEWS
ASX and InfoTrack partner up for $30m electronic property settlement platform Sympli
ASX Limited (ASX) and InfoTrack parent company Australian Technology Innovators Pty Ltd have announced the establishment of Sympli, which has applied to become an Electronic Lodgment Network Operator (ELNO). The platform, which is a 50/50 venture between the companies, will develop an electronic property settlements solution based on extensive feedback from users, to support lawyers, conveyancers and financial institutions. David…
Read More » -
SUPPLIER NEWS
ACproperty partners with ListGlobally to give agents access to 120 international property portals
Chinese property portal ACproperty has moved forward in their partnership with ListGlobally to launch Sodichan.com, an international property portal. Managing director Esther Yong told us more about the partnership and their plan for international property domination. “Agents put their listings on ACproperty and Chinese buyers come on the site, send enquiries or call them directly. Very similar to REA or…
Read More » -
INDUSTRY NEWS
Real estate reforms have no set commencement date: NSW Fair Trading
NSW Fair Trading has confirmed that the CPD reforms in NSW don’t currently have a commencement date. Speaking to Elite Agent, a NSW Fair Trading spokesperson said that the CPD guideline changes were just one part of the package, and due to the size of the task at hand, no commencement date had currently been set. “The new CPD guidelines…
Read More » -
INDUSTRY NEWS
Firm brings property to life with AR technology
Australian firm Realar is breaking new ground in augmented reality with their property-viewing app Realar Places. The platform has been specifically built for real estate use to help buyers visualise off-the-plan properties. The app will project a 3D model of a property onto any flat surface, allowing a buyer to get a good look at the home and have a…
Read More » -
Real Estate News
Stone Real Estate strengthen Sydney position with Hills office
Stone Real Estate have announced Jane Booty and Tony Didd will lead the group’s latest office which opened in Castle Hill this week. “I’m looking forward to being able to offer the best tools and systems to our agents which in turn will improve our service to all Hills residents,” Ms Booty said. Adding considerable weight to Ms Booty’s team will be the…
Read More » -
INDUSTRY NEWS
Real estate industry wishlist for 2018-19 budget
The real estate industry have issued their hopes from the 2018-19 budget, which will be released at approximately 7.30pm AEST on Tuesday May 8. REIA Affordability is one of the key topics for the REIA going into the next budget. While they praise the previous budget’s recognition of the issues, they don’t think the fixes have gone far enough. REIA…
Read More » -
EPM
Helping hands: Meet the PMs giving back to their community
According to Roy Morgan data, one in 10 people find real estate agents ethical and honest, putting them at 28 on the list of 30 professions (just above advertising professionals and car salesmen). “In every industry you will get people who don’t do their job well,” says Alexandra Haggarty, managing director of First National David Haggarty, Maitland. “I think it’s…
Read More » -
FEATURE INTERVIEWS
Adapt or die: Peter Clements
It’s not every day you’re named the top residential salesperson in Australia. It’s even less often you receive this honour alongside your office winning small residential agency of the year. Peter Clements received both these awards at the 2018 REIA Awards, an honour he wasn’t able to ignore, even if he had wanted to. “The double whammy was incredible. I…
Read More » -
INDUSTRY NEWS
Trump’s trade war could see more Chinese buyers turn to Australian property
A series of back-and-forth tariffs has sparked fears in the US that a trade war with China could be on the horizon – but experts feel this could be a plus for the Australian property market. After China imposed tariffs on 128 American products imported into the country, Trump retaliated with tariffs on $50 billion USD-worth of imports. These back…
Read More » -
Real Estate News
New platform aims to shake up commercial rental industry
uTenant is an online platform which offers a cost-effective alternative for industrial commercial tenants and landlords. “uTenant is intended to disrupt the commercial leasing industry like Uber has for taxis and Airbnb has for holiday accommodation,” said uTenant founder and director Matt Sampson. The platform will curate a list of properties based on size, location and term of lease for tenants,…
Read More » -
Real Estate News
Eastern suburbs agent proves Sydney property market is still moving
Paul Biller, principal of Biller Property, proves that although the Sydney market may be cooling, there’s still sales to be made for agents willing to put in the work. Mr Biller is celebrating his 20 year anniversary in real estate, 15 years of which he’s been selling in Sydney’s eastern suburbs. While there are a variety of property types in…
Read More » -
Real Estate News
PRDnationwide reveals top agents at national awards night
The PRDnationwide Annual National Conference took place in Brisbane over three days and included presentations from various agents, panel sessions and keynote addresses from two inspiring speakers. The Conference Event was headlined with the launch of the PRDnationwide Your Green Guide research report and the Green Housing Scorecard online tool. This was a culmination of a three year research project by PRDnationwide…
Read More » -
Real Estate News
Purplebricks backed short-term letting platform set to roll out across the UK
A short-term letting platform has set sights on agents, launching a software platform aimed at allowing properties waiting for rent or sale to be short-term leased by agents. Lavanda AGENT will allow agents to offer clients a money making option while their home is either waiting to be sold or without tenants. The minimum stay on the platform is two…
Read More » -
Real Estate News
NZME launches property portal OneRoof
OneRoof is a website providing property data and information to buyers, sellers, renters and homeowners. Running in beta since December, NZME is a part of a partnership between NZME and CoreLogic which aims to stop buyers in New Zealand using up to four resources to research potential properties. “Rather than traipse around three or more different sites trying to find…
Read More » -
Commercial Real Estate
Savills Australia welcomes new director to Melbourne team
Savills Australia has brought James Girvan on to the capital transactions team. It’s a return to Savills for Girvan, who brings 13 years’ experience in commercial property agency and valuations to the role. Relocating from Sydney to Melbourne for the role, Girvan has overseen over $3 billion worth of commercial property transactions. Those transactions include 231 Elizabeth Street for a…
Read More » -
SUPPLIER NEWS
Possible $1bn IPO for PEXA would be one of the biggest in 2018
Electronic conveyancing business PEXA is moving towards a sale which may see four state governments pocket over $350 million. If the sale goes through it could stand to be one of the biggest initial public offerings in 2018. Late last year the business identified a 12-month window, starting in September 2017, to explore strategic options ahead of a potential 2018…
Read More » -
Real Estate News
REIWA releases list of top post-boom Perth cities
Alkimos, Golden Bay and Trigg have topped reiwa.com’s list of the seven Perth suburbs recording higher house sales volumes now than they did during the ‘boom’. REIWA President Hayden Groves said while overall house sales volumes had declined in Perth since 2014, there were seven suburbs that had bucked this trend to record increases in activity. “For some of the relatively…
Read More » -
Real Estate News
Purplebricks continues international expansion with $177m USD investment
United Kingdom-based flat fee network Purplebricks has secured a $177m USD investment, funding its move into the New York market, with a launch planned for April 3. The platform got its start in the United Kingdom in 2014 before moving into the Australian market in 2016. It began to work its way into the America six months ago, with a…
Read More » -
FRANCHISE NEWS
Raine & Horne to open new office in Albury
Raine & Horne’s investment in online services, coupled with national brand presence, played a significant role in encouraging leading Albury sales agent, Mel Watson to open the firm’s newest office. Raine & Horne Albury will deliver residential sales and property management services and will operate from 22/11 Volt Lane, Albury. “The Raine & Horne website is very user-friendly,” said Ms Watson,…
Read More » -
INDUSTRY NEWS
The digital marketing platform turning cold calls into hot leads
Lead generation is a necessary part of real estate, but it’s far from the easiest part of the job. But what if you already knew where there were hungry vendors and could target them? And what if someone else could do all the work for you, while still branding it to your agency? Welcome to the world of Captr. Captr…
Read More » -
INDUSTRY NEWS
Property resales still show profit, despite cooling conditions
Despite the slowing property market, nine out of 10 properties still sell at a profit to their vendors according to the new Corelogic Pain and Gain report for December quarter 2017. 91.1 per cent of all property that sold during the December quarter went for a price that was above the previous purchase price, up from 90.9 per cent the…
Read More » -
INDUSTRY NEWS
Market slows as house prices rise in New Zealand
According to the latest data from the Real Estate Institute of New Zealand, although prices are rising in New Zealand, properties are sitting on the market for longer. The monthly figures from the REINZ show median house prices for New Zealand rose 6.9 per cent in February to $530,000, up from $496,000 at the same time last year. It was…
Read More » -
INDUSTRY NEWS
AREC focuses on what’s “shaping the future of real estate”
The Australasian Real Estate Conference (AREC) is celebrating its 21st year by bringing 32 speakers over 48 hours. The two day conference returns to the Gold Coast Convention and Exhibition Centre on Sunday, May 27th and Monday, May 28th for the seventh year. Under the direction of AREC founder John McGrath, delegates will be armed with priceless information and practical…
Read More » -
EPM: Industry News
The suburbs helping rentvestors outperform homeowners
The technique of rentvesting has become increasingly popular with property investors around the country. Now new research from LocationScore.com.au shows the suburbs where renters are paying less than homeowners for the same lifestyle. The property research site has identified the top suburbs around the country where renters are paying less than owners to enjoy the same top-notch lifestyle. In NSW…
Read More » -
INDUSTRY NEWS
Agent recognised for going ‘above and beyond’ for his community
Barry Plant Manningham agent Orlando Petruccelli has proved it’s more than just sales that motivate him, he’s been commended for his dedication and spirit by his office and community. A recent surprise birthday celebration for a vendor going through a tough time is a great example of the lengths Mr Petruccelli will go to for his clients, and the wider…
Read More » -
EPM: Industry News
Morgan Stanley report shows Airbnb growth has slowed overseas but Australian data tells a different story
According to a recent report from Morgan Stanley, as awareness of security issues rises, Airbnb’s growth slows. The third annual AlphaWise survey saw the researcher drop their prediction of Airbnb growth by over 50 per cent, from 29 per cent to 12 per cent, in the EU/US. However, the data in Australia tells a much more concerning story for property…
Read More »