NEW ZEALAND
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Three-quarters of real estate agencies now more profitable than in 2020
More than two-thirds of Australian and New Zealand residential real estate agency office principals are personally taking home higher earnings in 2021 than in 2020, according to a new survey by Juwai IQI. An even higher share of offices – three-quarters – are more profitable today than in 2020, the survey found after interviewing the principals of the 29 offices…
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Century 21 opens five new offices in five weeks
Century 21 has experienced strong growth in Australia and New Zealand so far in 2021, with the network opening five new offices in the past five weeks.
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RE/MAX New Zealand recognises network’s top performers at annual awards night
RE/MAX New Zealand recently recognised the network’s top performers for 2020 at its annual awards in Auckland, with a capacity crowd turning out for the event.
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New Zealand’s Don Ha Project Sales wins global RE/MAX awards
New Zealand’s Don Ha Project Sales is continuing to make its mark on the global real estate stage, winning three awards announced at RE/MAX Global headquarters this month.
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REINZ Awards for Excellence: the winners
The 2020 REINZ Awards for Excellence were held last night at Cordis Auckland, with more than 550 attendees from across the country coming together to celebrate the New Zealand real estate industry’s night of nights. Unlike a lot of their Aussie counterparts, the New Zealand industry was lucky enough to be able to hold their awards in person. Across the…
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Ray White reports biggest sales month in 118-year history
The Ray White Group has reported the strongest month of sales in the group's 118-year history.
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Auckland is the global leader in luxury property price growth
Sydney, Perth and the Gold Coast have aslo ranked upon the top cities in the world for luxury residential price growth.
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Don Ha and the growth of RE/MAX New Zealand in 2020
When the global RE/MAX brand expanded to four new countries in the first of half of 2020 and continued its reign as the real estate brand operating in more countries around the world than any of its competitors, it recognised its resilient global leaders who championed entrepreneurship, innovativeness and technology.…
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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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RE/MAX New Zealand’s Queenstown rally sets high benchmark
After a period of COVID-related uncertainty, RE/MAX New Zealand held its second rally for the year bringing more than 100 members, business partners and invited guests together in Queenstown on 3rd September. RE/MAX New Zealand…
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NZ updates tenancy rights, as REINZ warn of consequences
New Zealand parliament has passed a bill that will modernise the 1986 Residential Tenancies Act. The Government says most of the reforms won’t come into play for another six months, allowing tenants and landlords time to adapt. Changes include the removal of no-cause termination, limiting rent increases to one a year, and allowing DV victims the ability to end a…
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Queenstown rents take a hit as tourism dries up
As average rent prices climb across New Zealand in spite of the pandemic, tourist town Queenstown has seen its rent prices plummet by 10 per cent since the same time last year. According to MBIE’s data, average rents for NZ rose by 4.8 per cent in the three months to June since the previous year. Surprisingly, rent prices in many…
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Billion-dollar buildings may become stranded assets
A new report released by the Australian and New Zealand Green Building Councils today warns that billions of dollars of industrial buildings face becoming ‘stranded assets’ if they cannot prove that are low or zero carbon. Green Star in focus: The case for sustainable industrial buildings finds Green Star certified buildings reduce emissions by two-thirds at a minimal 2 per cent…
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Extending NZ mortgage holidays a ‘no-brainer’
Century 21 New Zealand owner Derryn Mayne has called upon the NZ government and banks to follow the lead of Australia and extend the mortgage holiday scheme, calling the decision a ‘no-brainer’. Close to 60,000 New Zealanders had deferred their mortgage payments by the end of the financial year, while an additional 80,000 had reduced their repayments. “Having supported over…
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New Zealand’s tallest building is officially open for business
New Zealand’s tallest office building, the PwC Tower, opens for business today (July 27) on the waterfront in downtown Auckland, after eight years in planning and construction. Standing about 180 metres tall, the 39-level steel…
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NZ realtor offers no-commission sales
Mackenzie's Real Estate in Wellington are making the leap from commercial real estate into residential, and frankly, it couldn't have happened at a worse time. But owner Euan Mackenzie is hoping that a zero-commission offer…
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NZ Government unveils huge emissions shake-up for building sector
The New Zealand Government has unveiled an impressive new program to reduce greenhouse gas emissions from the building and construction sector. The industry currently produces 20 per cent of New Zealand’s total emissions, through the production of building materials, construction itself, and the energy used in the buildings. They have a goal to reach net zero emissions by 2050. The…
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COVID-19 impacts Queenstown, while NZ market activity returns to normal
Today's QV House Price Index (HPI) figures from CoreLogic have shown that COVID-19 has impacted property values to a mild degree, although nowhere near rates shown in Australia.Nationwide property values dropped 0.2%, with four of the six maincentres showing declines. Interestingly, Tauranga and Christchurch increased at the same rate as the national drop, rising 0.2%.…
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New strata data examines the growth of apartment living
Twenty per cent of Australians and five per cent of New Zealanders now live in strata-titled properties, according to a new report from UNSW’s City Futures Research Centre. Of the almost three million strata and community-titled properties in Australia, over 960,000 are in NSW, with the insured value of the properties nation-wide growing by over $100 million in the past…
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Private inspections to make a comeback in NZ
With New Zealand set to come out of lockdown after the Anzac Day weekend, real estate agents are preparing for private viewings to recommence The country will move to Alert Level 3 just before midnight on Monday, April 27, and from next Tuesday, all businesses deemed to be capable of operating “safely” will be permitted to do so. Minister of…
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Gower Buchanan of Ray White NZ – Never more relevant than now
In New Zealand, the response to Coronavirus ramped up quickly, with the country given just 48 hours to prepare for full lockdown. Wherever people stayed the night of March 25, they were told to remain. All but essential services shut down. All businesses except supermarkets, pharmacies, clinics and lifeline utilities closed their doors. Ray White Ponsonby director Gower Buchanan notes…
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Console Cloud launches in New Zealand
Console Cloud has officially launched in New Zealand, with the company noting the software is set to revolutionise the way agencies operate. The new software will replace Console Gateway and comes after supporting New Zealand agencies with the server-based software for over 20 years. “This industry-leading property management and trust accounting solution is set to revolutionise the way New Zealand…
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Change on the program for RE/MAX New Zealand in 2020
RE/MAX New Zealand set ‘Navigating change’ as the theme for its February Rally held at the Grand Millennium, Auckland on Thursday, 13 February. “Change and the challenges associated with it are prominent on the RE/MAX New Zealand outlook for 2020,” said RE/MAX New Zealand Managing Director Michael Davoren. “Along with technology, global developments and changing customer expectations, the September election…
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Ray White NZ appoints Gavin Croft as Chief Operating Officer
Ray White New Zealand has appointed experienced award winning auctioneer Gavin Croft as its new Chief Operating Officer to help spearhead the next phase of growth at the leading network. Ray White New Zealand currently has a network of 177 offices across the country with a market turnover of $11.9 billion in sales and 18,000 properties under management. Ray White’s…
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‘A Little Ray of Giving’ raises thousands this Christmas
Christmas came early for many charities as Ray White’s Christmas initiative ‘A Little Ray of Giving’ raised thousands of gifts, money and more than 300 bags of non-perishables across Australia and New Zealand. More than 350 offices across the Ray White Group signed up to the cause, with more than 11,000 presents gathered, $2,200 in cash, $1,000 in gift cards…
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Don Ha takes over RE/MAX New Zealand
RE/MAX New Zealand’s master franchise is being sold to one of its leading individual franchise owners. RE/MAX Revolution owner Don Ha is set to take up the CEO role in April next year, putting the master franchise 100 per cent in New Zealand ownership for the first time in 23 years. As a businessman, property investor, mentor and acclaimed speaker,…
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Australia, New Zealand feature in global real estate ranks
When Denver-based RE/MAX LLC recently announced its global Top 100 rankings for January to September this year, 25 residential sales teams from Australia and New Zealand made the cut. Included were:#4 Neilson Team, RE/MAX Bayside Properties, Cleveland, AU#7 Don Ha Project Sales, RE/MAX Revolution, Auckland, NZ#15 Rademeyer Team, RE/MAX First, Caloundra, AU#16 Melita Bell Team, RE/MAX Success, Toowoomba, AU#17 Deborah…
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Warkworth welcomes RE/MAX House
Warkworth real estate couple Ben and Nola Kloppers have moved their successful RE/MAX Realty Group into historic premises, recently relocating into the gracious Bank of New Zealand building on the corner of Neville and Warkworth Streets. RE/MAX House welcomes real estate customers to the lower floor of the heritage building, which was built around 1930 and is typical of the…
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Smart Cities Awards applaud innovation and impact
Thirteen winners have been applauded for their visionary leadership, best practice projects and real-world impact at the second annual Smart Cities Awards. Telstra and GWI partnered with Smart Cities Council Australia New Zealand to present the awards, which were held in Sydney as part of Smart Cities Week. “The 2019 winners of the Smart Cities Awards are delivering truly world-standard…
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Auctioneers ready for annual REIA showdown
It’s set to be an all-Australian showdown when the best Australasian auctioneers go head to head at the 2019 Australasian Real Estate Institutes’ Auctioneering Championships today. The winner will be crowned Australasia’s best auctioneer at the REIV Awards dinner tonight in the Palladium Ballroom, Crown Towers Melbourne. The Real Estate Institute of Victoria (REIV) and the Real Estate Institute of…
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RE/MAX 2Aspire to serve Pukekohe community
RE/MAX 2Aspire owners Peter and Maureen Strong have expanded their real estate business with the addition of an office in Pukekohe. The husband and wife real estate team opened RE/MAX 2Aspire in Waiuku in 2017, and now just two years later have opened their second office. “Ours is a real estate team with customers at its heart, giving great service…
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Ray White New Zealand appoints new COO
Ray White New Zealand has expanded its leadership bench with the appointment of experienced property figure Daniel Coulson who has joined the national team as the Chief Operating Officer.
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World’s most southern RE/MAX office celebrates with Pride
Proud New Zealander real estate agent Nash Varghese made his trio of RE/MAX agencies official this week, with a celebration in the south. At 46.41 degrees S, RE/MAX Pride in Invercargill is the most southern real estate office in the RE/MAX world – and is just one of three in owner Nash Varghese’s Pride offices. Pride Real Estate was an…
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New Delhi conference proves huge business platform for RE/MAX
An Australian-New Zealand contingent has recently returned from the fifth annual Asia Pacific Convention for the global real estate giant, RE/MAX, which took place in New Delhi, India from August 19 to 21. RE/MAX Australia and New Zealand managing director, Michael Davoren, said the event represented a continued building of relationships. “After a succession of conferences, people are now talking…
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Don Ha of RE/MAX NZ to speak in New Delhi
Don Ha, one of New Zealand's most acclaimed real estate agents and owner of RE/MAX New Zealand's top-performing office, is an invited keynote presenter at this year's fifth annual Asia Pacific Convention for the global RE/MAX giant, to be held in New Delhi, India. In his presentation, Think Bigger, Mr Ha will share his story of…
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