The Real Estate Conversation

Contact

Auctioneers prepare to take on the new world order

With 3,065 capital city properties registered for auction, CoreLogic said it is a 'wait and see' how the weekend will play out.

National

The Economy

Online auction platforms experience unprecedented growth

Online auction platforms have become necessary for the real estate industry. WILLIAMS MEDIA lists those companies moving ahead.

National

The Economy

Proptech Realtair merges with Real Estate Academy

Australian PropTech innovator Realtair acquires leading sales training platform Real Estate Academy

National

The Economy

Investors face equity and cash flow risks in Coronavirus pandemic

Investors who buy family-unfriendly rental apartments take an enormous gamble, with both equity and cash flow risk expected to increase, according to RiskWise Property Research.

Western Australia (WA)

The Economy

Realmark Group go virtual ahead of the virus

“We are in a marathon together,” John Percudani, managing director of Realmark Group prepares his staff for a long run ahead.

National

Politics

No on-site auctions and open houses - what's the plan?

The Prime Minister has given the directive there should be no more on-site auctions or open homes. WILLIAMS MEDIA spoke to industry leaders John McGrath and Dan White to see how they move ahead.

National

People

Winners of the 2020 REIA National Awards for Excellence announced

The Real Estate Institute of Australia (REIA) announce the winners of the 15th National Awards for Excellence.

The Economy

Live public Auctions and open homes are banned effective noon 25 March

Prime Minister Scott Morrison issued a directive on auctions and open homes banned effective midnight Wednesday 25 March 2020.

National

People

Call to change conduct of open homes and public auctions

Strong words by the REIA president, Adrian Kelly warns real estate agents and auctioneers, business will have to be conducted differently.

National Australian Capital Territory (ACT)

Politics

Call for lifeline to tenants and landlords

Rental assistance measures for struggling tenants and landlords need to be considered, says REIACT CEO Michelle Tynan.

Pages

News Roundup

http://www.smh.com.au/business/federal-budget/treasury-says-tax-expenditures-cost-150-billion-20170130-gu1qoe.html

Treasury says tax expenditures cost $150 billion

The capital gains tax exemption on family homes cost the budget a record $61.5 billion in 2016-17, more than the $33 billion lost to superannuation tax concessions.

The Sydney Morning Herald

http://www.abc.net.au/news/2017-02-01/home-prices-keep-rising-in-january-corelogic/8228642

Affordability expected to worsen despite property slowdown later this year: CBA

It may become even harder to get into the housing market if the Federal Government doesn't change tax policies to reduce investor demand, say economists at Australia's biggest mortgage lender, CBA.

The ABC

http://www.afr.com/real-estate/westpac-closes-home-loan-loophole-20170130-gu1npg

Westpac closes home loan loophole

Westpac is closing a loophole to stop property buyers using a combination of personal loans and mortgages to fund deposits, or to top-up shortfalls if properties are revalued at less than the purchase price.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/auction-action-brings-house-down/news-story/b06c682aac96f83f9743726668ec51fa

Auction action brings house down

More than $40m changed hands at a Gold Coast auction event on Sunday.

The Australian

http://www.afr.com/business/retail/appliances/the-30000-fridge-becomes-a-must-have-in-real-estate-boom-20170131-gu2par?et_cid=29063922&et_rid=1925785124&Channel=Email&EmailTypeCode=&LinkName=http%3A//www.afr.com/business/retail/appliances/the-30000-fridge-becomes-a-must-have-in-real-estate-boom-20170131-gu2par&Email_name=MW5-02-01&Day_Sent=01022017

$30,000 fridge from Winning Appliances becomes a must-have in real estate boom

High-end fridges are viewed as a "must-have" by homeowners and renovators in wealthy suburbs.

The Australian Financial Review

https://www.domain.com.au/news/nsw-investors-back-at-record-highs/

NSW investors back at record highs

Residential investor activity in NSW is surging towards record highs.

Domain

https://www.domain.com.au/news/the-agency-arrives-in-sydney-with-the-aim-of-disrupting-real-estate-giants-20170130-gu1o6w/

The Agency arrives in Sydney with the aim of disrupting real estate giants

A new player will enter Sydney’s crowded real estate market on Wednesday with hopes to take market share from industry giants and upset the long-established franchise model.

Domain

http://www.afr.com/real-estate/roy-morgan-finds-7-per-cent-of-mortgage-holders-have-equity-risk-20170131-gu20vx

Roy Morgan finds 7% of mortgage holders have equity risk

About 7% of Australian mortgage holders have little or no real equity in their homes, says report.

The Australian