SUPPLIER NEWS
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Coastal apartments in hot demand in NSW
Sydney’s extended lockdown has boosted buyer enthusiasm across regional New South Wales, with enquiries increasing for apartments in coastal areas.
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PropertyMe celebrates reaching 4500 subscribers and 1.3 million properties
lian property management software company PropertyMe has surpassed their milestone of 4500 agency subscribers and is now used to manage over 1.3 million properties.
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REA Group partners with Realtair to support agent development
REA Group, alongside its partner Realtair, is offering customers complimentary six-week memberships to the interactive Complete Salesperson Digital course. The offer comes while a large segment of Australia’s property market remains in lockdown and unable to conduct in-person interactions. REA Group General Manager Residential, Simon Hope said REA is committed to supporting customers and values the importance of taking time…
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New webinar reveals how to successfully prioritise agency legals
O*No Legal founding director Kristen Porter will explain in an upcoming webinar why the biggest challenge real estate agent principles, head of operations, or business owners face is protecting their most valuable asset - their agency.
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Going back to basics: Holly Longmuir
Box+Dice Chief Executive Officer Travis Williams quizzes RT Edgar Mornington Peninsula Managing Director Holly Longmuir on how they get the most out of their CRM and which key metrics most help the business.
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CoreLogic launches their digital RP proposals platform
CoreLogic has launched RP Proposals, a new digital solution that aims to streamline the real estate industry.
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Openn Negotiation successfully lists on the ASX
Australian Proptech company Openn Negotiation has successfully listed and commenced trading on the Australian Securities Exchange (ASX) under the ticker OPN. Openn Negotiation’s listing on the ASX on July 21 comes after raising the maximum $9 million through the issue of 45 million shares at 0.20c per share, under the fully underwritten prospectus lodged in May. Openn Negotiation shares opened…
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Domain, Lendi and other business leaders offer paid vaccination leave
Lendi Group, Domain Group, Prospa, Zip Co, Honey Insurance, Athena and Valiant Finance have announced paid vaccination leave for all permanent employees. The companies have launched the Great Aussie Vaccine Drive, pledging to offer employees paid leave for both doses, should they choose to get vaccinated against COVID-19. “We can see from the events unfolding around the country that getting…
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First home buyers fuel sales volume surge in Perth’s more affordable suburbs
Ridgewood, Madora Bay and Two Rocks are amongst the 10 Perth suburbs that have seen the biggest percentage increase in sales activity during the 2020-21 financial year. Real Estate Institute of Western Australia (REIWA) President Damian Collins said six of the 10 suburbs had more than doubled their sales tally in the 2020-21 financial year, compared to the 2019-20 financial…
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Property managers urged to stand up against domestic violence
The Real Estate Institute of Australia (REIA) is asking property managers to help them stand up against domestic violence by filling out a short three-question survey by 26 July, 2021.
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Just 19 per cent Australians think you can buy a house for the listing price
Prospective homebuyers think they should brace themselves to pay more than the asking price, says new Finder research. A national survey of 1012 respondents found just 19 per cent of Australians agree that houses sell for the price they are listed for. The research revealed 70 per cent expect property to sell for more than what the seller asks. One in…
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Rental vacancy rates hit a milestone low
New Domain data shows national rental vacancy rates are the lowest on record.
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Interest rates predicted to hold but will property prices peak this year?
The non-stop rise in house prices may hit an apex this year, according to the latest expert housing predictions from Finder.
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Advanced ‘Pay on Success’ platform made available through innovative industry partnership
Fintech Innovator ListSure and Insurance Industry player Steadfast have joined forces to create new products designed specifically for the real estate industry. Steadfast is the largest general insurance broker network and underwriting group in Australasia, incorporating 454 brokerages and 25 underwriting agencies, with a current market capitalisation of AU$3.7 billion. ListSure is a real estate industry specialist with a unique…
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REIA to host ‘getting real’ policy forum to address housing issues
The Real Estate Institute of Australia (REIA) will meet with key political and industry leaders in Darwin on June 9 to present Getting Real, REIA's 2021 Strategic Policy Forum sponsored by realestate.com.au
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RBA leaves official cash rate at 10 basis points at June meeting
The Reserve Bank has again opted to maintain its current policy settings at its monthly Board meeting, including keeping the official cash rate at the historic low of 10 basis points.
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RBA leaves official cash rate at historic low at April meeting
The Reserve Bank has once again opted to leave interest rates at the historic low of 10 basis points at its monthly meeting on Tuesday.
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Property values are climbing, and so is industry confidence
Dwelling values are continuing to climb but so is confidence, with new data showing industry confidence levels are approaching record levels.
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Metro Melbourne median house price passes the $1 million mark
The median house price in Victoria has recorded one of its largest quarterly increases, with the value of Melbourne metropolitan houses passing $1 million.
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Domain report shows house rents hit new highs in most capital cities
Domain has just released its Rent Report for the March quarter, with data showing every capital city in the country bar Melbourne, Perth and Darwin hit new record highs in the first three months of 2021.
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Canberra needs 12 new houses a day for next 20 years
Arabella Rohde was elected as the Property Council’s new ACT division president last month and she’s now issued a blunt warning about challenges faced by population growth in the nation's capital.
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CoreLogic data shows auction clearance rates hit 80 per cent
CoreLogic has released its Quarterly Auction Market Review, today, revealing Australia's combined capital cities clearance rate reached 80.0 per cent over the first quarter of 2021.
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Direct Connect partners with RACV to give movers access to even more benefits
Moving services company, Direct Connect, has announced an exclusive partnership with the Royal Automotive Club of Victoria (RACV), giving RACV members seamless access to Direct Connect’s moving service.
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Console Cloud integration with Snug will streamline leasing process for property managers
A new application integration from software company Console Cloud will enable property managers to streamline the leasing journey.
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CoreLogic national home value index rises at fastest rate in more than 30 years
CoreLogic’s national home value index rose by 2.8 per cent in March, the fastest rate of appreciation in more than 30 years.
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Perth properties selling at fastest rate in 15 years
Properties in Perth are selling at a faster rate than they have for 15 years, according to Real Estate Institute of Western Australia data for March.
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Building approvals soar across the nation
New Australian Bureau of Statistics data shows the number of building approvals across the nation skyrocketed in February. According to the ABS data released today, the number of dwellings approved rose 21.6 per cent in February, seasonally adjusted, after falling 19.4 per cent in January. ABS Director of Construction Statistics Bill Becker said approvals for private houses had increased 15.1…
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HTW property clock reveals Melbourne, Sydney and Sunshine Coast on the rise
Herron Todd White have released their monthly property clock and unsurprisingly, Melbourne is one of the markets forecast as being on the way up, officially swinging to 'rising market' status.
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CoreLogic forecasting third-busiest auction week since 2008
Following a solid week of activity last week, CoreLogic is forecasting this week to be the third-busiest week for auction volumes across the combined capital cities since it began collecting auction data in 2008. There are 3380 properties scheduled to go under the hammer across the combined capital cities this week, which represents a 43 per cent increase on last…
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CoreLogic report shows more gain than pain for resales in December quarter
There was an increase in the profitability of Australian real estate in the three months to December 2020, with almost 90 per cent of sales resulting in a gain, according to the latest CoreLogic Pain and Gain quarterly report.
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