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INDUSTRY NEWS
Budget 2018: The plan for a stronger economy
Last night Treasurer Scott Morrison handed down the 2018 budget, designed to focus on job creation, guarantee essential services and supporting older Australians. He also announced greater infrastructure initiatives including 24 Billion to be spent over roads and rail in the next decade while “bringing the budget back into balance”. Treasurer Scott Morrison’s Budget Speech Streamed live on Facebook Key…
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Brand Editorial
2018 Real Estate Industry Award Changes – Your questions answered
With the Real Estate industry awards coming into effect 2nd April 2018, we’re providing a home for the information we’ve published on this important topic. You also have your chance to ask your own questions on what the changes mean to you or your agency. Click the below button to ask your questions (can be anonymous). Ask your question here…
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Real Estate News
Ray White Agents Sharpen their Skills in Melbourne
It was standing room only when more than 550 Ray White sales agents from Victoria and Tasmania packed the Melbourne Convention Centre for Super Sales Day. The mega session – the single biggest gathering of Ray White agents in Melbourne outside of their annual awards – was the brainchild of Ray White Victoria and Tasmania CEO Domenic Belfiore who gave…
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INDUSTRY NEWS
Ray White Joint Chairman pays tribute to Australian Auctioneering Legend
Tony Fountain – one of the key establishment figures for the Ray White Group in its Australian expansion – passed away yesterday at the age of 72. In a statement to the Ray White group yesterday, Joint Chairman Brian White paid tribute to Fountain noting his key role in establishing ‘an auction culture’ in the group back in 1988. “He…
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Real Estate News
Your say: Real Estate and Politics – Should they mix?
It was reported in the SMH last week that “real estate agents are pushing PM Malcolm Turnbull to introduce a new ‘property services minister’ to bring the nations multi-billion dollar housing and development industry closer to the heart of government.” The proposal was floated by the REIA, believe that there should be someone in the house of Reps or at…
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Elite Agent
Kylie Maxwell – Challenge Accepted
TRANSFORM MASTERS Champion 2017 Kylie Maxwell from LJ Hooker Queanbeyan was not part of the original #SuperSix chosen to compete in this year’s program. But showing consistency, experience and an extra special care factor for both business and people, Kylie ‘stole the show’ and made it her own. Here are some of the highlights of what she learned along the…
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INDUSTRY NEWS
Ray White Chairman weighs in on the negative gearing debate
Mr White’s comments come in the wake of recently released documents which contained Treasury advice to the government warning of a “softening” effect on property prices as the predicted impact of Labor’s restrictive changes to housing policy. At the time, the real estate industry rallied together, led by Brian White, to oppose any changes to negative gearing policy, a hot-button…
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Real Estate News
New home approvals hit a 15 month high based on strong growth in Victoria
Today’s Australian Bureau of Statistics data shows the total value of Victorian building approvals increased by 28.5 per cent to $4.6 billion in November 2017, and is up 67.2 per cent over the year, the highest level since August 2016. Victoria, Tasmania and WA are the three states showing the largest increases, with Victoria by far showing the strongest growth…
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Real Estate News
Purple gain and pain – revenue up but losses double
Purplebricks Group plc (“Purplebricks”), have announced their Interim Results for the six months ended 31 October 2017, including the Australian and US divisions of the group. In Australia, revenue for the period was recorded at £6.8m, up from the corresponding period last year at £0.4m. Adjusted EBITDA shows a loss of £5.1m, twice that of the same period last year.…
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Real Estate News
Agent Comparison Tool launches on realestate.com.au
Changes have also been made to the agent search experience, with people now able to search and find an agent directly from the main navigation on the realestate.com.au homepage. These changes will drive more people than ever to Agent Profiles and allow consumers to select and compare agents in their preferred suburb. The experience has been designed to empower…
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Real Estate News
The Agency Group acquires Sell Lease Property, brands to run separately in the market
The Agency Group Australia Limited (formerly named Ausnet Financial Services Limited) (ASX: AU1) have expanded their national footprint with entry into an agreement to acquire three wholly-owned subsidiaries of ServTech Global Holdings Ltd (ASX: SVT). The Agency Group Australia Limited will pay up to $950,000 for the acquisition, subject to due diligence. Via a share sale agreement, the transaction includes…
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Real Estate News
New Beta Trial in the US connects Agents with Amazon Echo
(Note: no need to put your home address in, Alexa knows that already!) Link on Amazon.
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Real Estate News
RBA rates remain on hold
In its last meeting for 2017, The Reserve Bank of Australia has today decided to keep the official cash rate on hold at 1.5%. At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent – https://t.co/ahK2GWuwLx — RBA (@RBAInfo) December 5, 2017 “Australia will kick off 2018 with ultra-low interest rates following this…
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Real Estate News
Auction smashes 2017 residential record
IN front of their packed auction room, the unstoppable Ray White Double Bay and CBRE have just sold an entire block of apartments in one line for $33.250 million to a local property investor to achieve the largest single residential auction sale of 2017. Amid rapid-fire bidding, it was standing room only at the Ray White Double Bay auction room…
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Real Estate News
Coronis sets sights on bitcoin transactions
It’s marketed as a rare opportunity to purchase one of Australia’s first properties in bitcoin but can you really use the crypto-currency to buy Lot 44 Connors Rd, Helidon? Theoretically you could. All $118,000 of it. At the time of writing that equates to 8.5 bitcoin. But don’t start altering your ad copy on your listings just yet, purchasing Australian…
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Elite Agent
What do you know for sure? Samantha McLean
This time last year I wrote my editor’s note based on something Oprah Winfrey does every year: the O List, a list of her favourite things of the year dressed up as Chrissy gifts for sale on Amazon.com. I made a list of my favourite things of the year too. I re-read that editorial the other day and thought…
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Real Estate News
Unique mystery shopping concept introduced by REISA to validate excellence awards submissions
REISA CEO Greg Troughton is a fan of Edward R Murrow, the famous American journalist, who once said “we cannot make good news out of bad practice”. The recent REISA Awards for Excellence introduced a new concept – the mystery shopper. This is because, as Troughton says, you can’t hand someone an award based on a written submission if the…
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Video of the Week
Video of the Week – You’re my Ngunnawal…
Want to see your video featured here? Send in your property videos to [email protected]… More videos of the week
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TECH + SOCIAL
Talking Technology with John McGrath
What are the tech tools agents will need in the future? For prospecting and listing, a solid CRM database system which categorises customers to allow you to send only relevant messaging to each client will be important. Curation of messaging will become more and more significant as people get bombarded with information. The next big thing will be predictive algorithms…
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LEADERSHIP
The Age of Influence
Influence (n): the capacity to have an effect on the character, development, or behaviour of someone or something, or the effect itself. Trust (n): firm belief in the reliability, truth, or ability of someone or something. Put these two terms together, influence and trust, and according to Julie Masters you create the most powerful tool possible to market either yourself or…
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Elite Agent TV
Is this the simplest way to talk about any precise location?
In the future, we’re not going to want to be dropped at the wrong entrance of a stadium for that concert, and we’re not going to want the pizza drone delivery dropping that ham and pineapple special on the road in front of the house instead of the front door. Plus, those self-driving cars that we keep being promised will…
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FEATURE INTERVIEWS
Rachel Lawrie: Scientifically Speaking
As an agent, Rachel Lawrie professes she is different than most, but when you get talking to her it’s clear that’s definitely in a good way. Having grown up in the country on a farm, and also having experienced physically and mentally challenging work as a marine biologist for 16 years, she says, “I’m used to doing that sort of…
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INDUSTRY NEWS
Sherrie Storor launches national coaching business
One of Queensland’s most prominent real estate agents has officially launched her national coaching business. As an astute and highly regarded industry identity, Sherrie Storor is constantly in demand to mentor agents on how to succeed without sacrifice. The former McGrath New Farm high-flyer has decided now is the right stage in her life to dedicate her full attention toward…
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Elite Agent TV
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FEATURE INTERVIEWS
The Innovators at Ray White: Putting Agents face to face to face with more people
As a result of the explosion in digital lead generation, the traditionally separate departments of marketing, service, and technology now need to work together. When leads are ‘generated’ they should be nurtured, according to the individual’s needs, both online and in person. As a group, Ray White are continually on the cutting edge of innovation through investing in people and…
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Elite Agent
Century 21: Future by Design
TODAY’S CONSUMERS ARE increasingly connected and tech savvy, so real estate franchises must lift to meet new service demands by using technology to its full potential. Century 21 are leaders in innovative thinking and today are considering how a new era of innovation will help their network to thrive in a mobile future. Samantha McLean talks to CEO Charles Tarbey…
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INDUSTRY NEWS
Andrews Government in Victoria promises to make renting ‘fairer’ for tenants
In a media release yesterday, the Andrews Labor Government has promised to make renting “fair” with “an unprecedented package of tenancy reforms” in response to a review of the State’s Residential Tenancies Act. Right now, more than one in four Victorians rent their home and that number is increasing as it becomes more difficult for Victorians to break into the…
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FRANCHISE NEWS
The Hills, Sydney, welcomes RE/MAX
RE/MAX Australia continues its commitment to New South Wales expansion, and the Sydney market in particular, with the launch this week of RE/MAX Hills Lifestyle in Baulkham Hills. Experienced local agent Joe Scavera has rebranded his agency, Chelsea Real Estate, partnering his team’s local market experience and expertise with the strength of a global real estate brand. According to Mr…
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INDUSTRY NEWS
Purplebricks launches in USA
Purplebricks Group plc via the London Stock Exchange announced a launch of it’s hybrid agency business model in Los Angeles, USA last Friday. In line with its planned region by region rollout which they say has been successfully adopted for entry in the UK and Australian markets, Los Angeles marks the entry point before extending across the state of California…
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Elite Agent
Getting to Know Gavin Rubinstein
To look at Gavin Rubenstein’s stellar career so far you would hardly believe that he started his working life at McDonalds. But he says it taught him early on about what good customer service really is. “I’d highly recommend young people start out there regardless of what industry they desire to work in,” he laughs. Despite operating in one of…
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TECH + SOCIAL
Modern Stamp launches to simplify event marketing for real estate professionals
San Francisco, 9 August 2017: Modern Stamp, launched today, is an event marketing solution that combines elegant, branded digital invitations with sophisticated RSVP tracking to make it easy for Real Estate professionals to market open houses, client appreciation events, home buyer workshops, and more. With Modern Stamp, Real Estate professionals can now customise and send beautiful, branded digital invitations in just…
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Real Estate News
Flagship office of the Agency in Bondi Beach opens its doors
Designed by award-winning architects Redgen Mathieson, The Agency’s stunning new office holds prime position in the new Pacific Bondi Beach development overlooking the iconic Sydney Beach. The open, transparent, striking space has been designed to embody and foster the brand’s dynamic approach to real estate. CEO Matt Lahood says that he views the Bondi office as more than a workspace,…
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Elite Agent
Bitcoin and Blockchain in real estate – is this the future?
It’s not just real estate, but many industries over the next few years will feel both gain and upheaval due to innovations in technology. In particular, banks and the real estate sector currently have their eyes on crypto-currency (Bitcoin and The Blockchain) and the potential it has to change traditional business models. A significant example happened last week, with ANZ…
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Elite Agent
Using Facebook to Generate Leads
The one thing most people agree on is that you need to use things like Facebook to generate leads, but not everyone agrees the way you should go about it. Coach Josh Pyatt’s article on the pros and cons of Facebook profiles versus pages raised some comments from others who believe things should be done differently. Chris Bugden, host of…
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THE ELEVATE PODCAST
Episode 5: How to build an attraction culture in your business
Transform Masters: Matt Lahood ‘Elevate’ is the new official podcast of Elite Agent Magazine for real estate industry sales professionals, property managers, and leaders. Each episode, we will bring you behind the scenes coaching, news analysis, exclusive interviews, technology, and more to help you list more, sell more, and elevate your results. Transform Masters 2017 is brought to you with…
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