Elite Agent
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Remi Quinlivan: An eye for detail
Remi Quinlivan quite possibly has one of the most fascinating roles in real estate. Officially TRG’s marketing manager, her job includes overseeing all of the brand’s marketing, while “making Gavin’s life as easy as possible”. In the past year this has seen her assist with the design and build of the new office, while setting up each of the team…
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Melbourne overtakes Sydney in new property listings
Since private inspections started back up again in Melbourne towards the end of last month, a flood of new listings have entered the marketplace.
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Foreign real estate investors tipped to favour Australia over UK and US
“Australia’s reputation has been buffed and shined to a new level of polish.” Australia’s Foreign Investment Review Board has released data on foreign buyer transactions in 2018-19 that reveals where foreign investors buy residential real estate, and what types of properties they prefer.Insights into foreign purchases and sales of residential real estate 2018-19 shows that during FY19, the total number…
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Remain vigilant: REIA’s message to the industry
REIA President calls on the real estate industry to remain vigilant as state borders reopen.
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REIWA declares ‘rental crisis’ as Perth vacancy rate hits 13-year low
Perth's residential vacancy rate has fallen to 0.96 per cent, the lowest it has been in 13 years.
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How to use the new government incentives to train a real estate agent
Among the many incentives announced during the Federal Budget earlier this month, one that may have been easy to overlook was the poorly-named Boosting Apprenticeship Commencements.
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Jarryd Rubinstein: The calm breeze fanning TRG’s fire
It was only last year when Gavin Rubinstein announced he was forming his own brand under the Ray White banner. Over the next three weeks, we’ll take a detailed look into how The Rubinstein Group operates, what makes them tick, and where to from here. Today, we focus on Managing Director, Jarryd Rubinstein. Read part one: Gavin Rubinstein – The…
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Reserve Bank notes increased housing activity, despite weak investment levels
On October 6, the same day as the Federal Budget was announced, the Reserve Bank Board met and decided not to change the cash rate.
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Cullen and Royle partner in new boutique property agency
Deborah Cullen has a background in prestige residential property, and Richard Royle is an expert is in rural assets.
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The social science behind auctions
More than ever before, auctions shape the economy. Sites such as eBay have made them an everyday transaction. The placement of every Google ad is priced by an instantaneous mini-auction. Governments use them to allocate radio spectrum and to run emissions trading schemes. The 2020 Nobel Prize in economics has been awarded to two Americans, Paul Milgrom and Robert Wilson, for their work in analysing…
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How to get the best auction results: Damien Cooley
With the Victorian real estate industry now able to host in-person auctions, we thought it was the perfect time for a refresher course, courtesy of superstar auctioneer Damien Cooley, who shared his knowledge last July on the Elevate podcast. Damien Cooley is amazed at how many auctioneers actually don’t use a hammer. He notes it’s one of his most important…
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Melbourne’s real estate industry reacts to relaxed restrictions
Spring selling season may have gotten off to a slow start in Melbourne, but the announcement over the weekend that real estate auctions can now occur with a maximum of ten people should help spur it into action.
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REA Group celebrates ‘excellent results’ in annual report
REA Group have delivered an annual shareholders report that celebrates a number of wins in what Chairman Hamish McLennan calls "unprecedented market conditions."
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Gavin Rubinstein: The fire inside
It was only last year when Gavin Rubinstein announced he was forming his own brand under the Ray White banner. With an enviable growth trajectory in an ultra-competitive market, Gavin and his team are fuelling the fire of growth through relentless attention to detail, a culture of intense loyalty and a family-first ethos. Over the next three weeks, we’ll take…
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Property investment falls to a record low
As with a lot of things, the levels of property investment in the Australian housing market crashed during COVID.
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REA Group commits to carbon neutrality
REA Group has announced its commitment to become carbon neutral.
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Repayments have begun on almost half of deferred loans
Australian Banking Association has announced that repayments have resumed on 45 per cent of deferred loans for mortgages and small businesses.
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Property confidence rises in SA but plummets in ACT
The latest ANZ/Property Council Survey has shown that as South Australia's property industry continues to gain confidence, the ACT industry's confidence levels have plummeted.
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WA property industry the most positive in Australia
The WA property industry has the most positive outlook in Australia according to the ANZ/Property Council survey for the December 2020 quarter. Overall sentiment increased to 107 index points for the quarter, a 25 point increase on the previous period. This was the largest quarterly increase in sentiment for any…
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Both NSW and QLD need to revitalise their CBDs
The latest results from the ANZ/Property Council Survey show that, while confidence levels in the real estate industry have risen in both Queensland and New South Wales, ghostly city centres in both states are continuing to cause concern.
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Rob Lowe sells stunning Montecito mansion for $63.4m
To quote his character from Parks and Recreation, Rob Lowe is, literally, on top of the world right now. After two years on the market Rob and wife Sheryl Lowe have managed to sell their Rob and Sheryl Lowe have shown that patience is not only a virtue, but often…
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New Zealand sees flood of first home buyers over September quarter
First Home Buyers made up a quarter of the total property purchases in New Zealand during the September quarter, according to figures from CoreLogic.
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The full impact of HomeBuilder is now evident: HIA
The full impact of HomeBuilder is now evident with sales now 11.8 per cent higher compared to last year. HIA
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Commercial real estate sales down 58 per cent in 2020
Commercial real estate sales plummeted during the first nine months of 2020.
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Am I coping well during the pandemic?
The pandemic has posed unprecedented challenges. Many of us have lost work, gained carer responsibilities and grappled with social isolation. Experts have warned of a looming wave of mental illness as a result.
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Why do some people struggle to make ‘healthy’ decisions, day after day?
To navigate our way through the world, we constantly make choices. While we’ve all made our fair share of regrettable ones, most of us eventually learn from these – and we generally take this ability for granted.
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REA Group wants you for their online property panel
REA Group has launched its new realestate.com.au Property Panel, and are seeking sales agents, principals and property managers to be part of the inaugural panel.
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Zillow moves further into residential real estate with new Homes division
The world's largest real estate listings company Zillow are planning a larger move into the residential real estate space, although they insist they will not be poaching agents from other businesses.
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COVID impacts demand a change of plan: from commuting to living locally
Long-term planning has delivered mass transit systems to cater for high-patronage, hub-and-spoke transport systems. Unfortunately, this has left many city residents without basic access to public transport services. And we could never have planned for the impacts of COVID-19. Our previous plans were based on the best available data at the time. Today, these plans must be critically reviewed using new…
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Epic Bondi auction fields over 200 bids
The reserve price on a four-storey, five-bedroom house on Moore St in Bondi was set at $3.6 million.
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Minister for Housing assures REIA of ‘resilient’ property market at roundtable
Minister for Housing, Michael Sukkar, joined the members of the Real Estate Institute of Australia for a virtual Budget 2020 Real Estate Roundtable, during which he detailed the positive impact the Budget will hopefully have on the property sector.
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5 principles to make change stick
If you’ve ever wondered why it’s hard to make a change in your agency, or why innovation and tech adoption seems to lag in the real estate sector, it might be a problem of scale. Real estate constitutes Australia’s largest market, worth about $7.1 trillion, with the next largest being superannuation at $2.1 trillion. CoreLogic data shows residential sales this…
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John Lennon’s ‘lost weekend’ NYC penthouse for sale
The magnificent Manhattan penthouse that John Lennon lived in during his 18-month period of estrangement from Yoko Ono, later referred to by Lennon as his 'lost weekend', is up for sale, with a market guide of $5.5 million.
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Is housing supply driven solely by demand? New research sheds light
New Australian Housing and Urban Research Institute (AHURI) research reveals what many of us assumed, that housing supply across Australia is uneven. The uneven distribution of housing supply 2006-2016 was authored by academics at The University of Sydney, Curtin University, and The University of Adelaide, and delves into both the…
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Vic property values defy gloomy predictions
Despite the prolonged lockdown and a reduction in auctions, Victorian property values have continued to defy gloomy price predictions with regional homes even setting a new quarterly record. Releasing new data on Sunday, Real Estate Institute of Victoria President Leah Calnan said values were holding firm after six months of the Coronavirus pandemic. “The quarterly median prices for the September…
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