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“I was trying not to sell it too quickly”: Hayeswinckle agent uses tech to maximise price

With multiple offer scenarios the norm in a hot market, more agents are turning to technology to maximise the results for their sellers.

Victoria (Vic.)

The Economy

2021: breaking records and boosting confidence says REIV

Records were shattered last month with February recording the highest ever auction clearance rate for the month of February in Victoria.

New South Wales (NSW)

The Economy

Unpredictable vacancy rates the only constant for residential rental market - REINSW

The REINSW Vacancy Rate Survey results for February 2021 show that the residential rental market across New South Wales remains unpredictable.

Queensland (Qld)

People

Queensland agency rebrands as LJ Hooker Fraser Coast after 83 years as an independent

One of Australia’s oldest independent real estate firms, Sprake Real Estate, established in 1938 in Queensland, has announced it has rebranded and joined the LJ Hooker Group.

New South Wales (NSW)

People

First National announces NSW 2020 General Excellence & Marketing Awards

First National Real Estate’s New South Wales agents were presented with their 2020 General Excellence and Marketing Awards at Hyatt Regency Sydney on Saturday night.

National

The Economy

John McGrath – Upgrading homes without upsizing debt

Be patient and don’t panic says John McGrath, founder and executive director of McGrath Estate Agents, as the current reduced stock is a key reason why many properties are selling so far above expectations.

Western Australia (WA)Perth

The Economy

Addressing housing issues should be a priority for re-elected McGowan Government REIWA

REIWA congratulates Mark McGowan and the Western Australian Labor Party on their 2021 WA Election victory but calls for more to be done to address the housing issues facing the state. REIWA President Damian Collins said the Institute was disappointed the housing market wasn’t a priority for the McGowan Government’s 2021 election campaign.

Queensland (Qld)Brisbane

Featured Property

Landmark 1900's Paddington Queenslander presenting as a brand new home – Ray White

The home’s meticulous architectural transformation has considered a family’s ‘every conceivable need’. For sale by Christine Rudolph of Ray White New Farm.

Queensland (Qld)Brisbane

Featured Property

Award-winning Joe Reggi riverfront property with skyline views

For sale via Heath Williams of Place New Farm, who told WILLIAMS MEDIA, “The home makes you feel like you’re on the water...”

Victoria (Vic.)Melbourne

Featured Property

1920s St Kilda residence with colourful reinvention - The Agency

The vibrant home is for sale by Sam Hobbs and Justin Reed of The Agency.

Pages

News Roundup

http://www.afr.com/real-estate/mirvac-pursues-more-house-and-land-in-brisbane-20170901-gy99jz

Mirvac pursues more house and land in Brisbane

Mirvac has acquired two more house and land development sites in Brisbane's north for $18.6m as it continues to expand its middle-density portfolio in Queensland.

The Australian Financial Review

https://www.realestatebusiness.com.au/breaking-news/16404-tinder-for-real-estate-agents-get-ready-to-swipe-right?utm_source=RealEstateBusiness&utm_campaign=04_09_17&utm_medium=email&utm_content=1

Tinder for real estate agents? Get ready to swipe right

A new Tinder-style leads app offers owners a private way to search for a desirable real estate agent, in their own time and at their own pace for free.

Real Estate Business

http://www.theaustralian.com.au/life/home-design/prestige-property/mansion-global-11bedroom-villa-in-dubai-uae/news-story/ce564ec16fe801714ab6492e8bc192bb

The ultimate Dubai party villa

This 11-bedroom villa has its own nightclub that can accommodate 200 people.

The Australian

http://www.afr.com/real-estate/residential/buildtorent-great-for-big-investors-good-for-overpriced-cities-20170831-gy89xv

Build-to-rent great for big investors, good for overpriced cities

it's time Australia establishes a build-to-rent sector, which provides long-term residential leases through an institutional landlord, an asset class which has been thriving in the US and Europe.

The Australian Financial Review

https://www.bloomberg.com/graphics/2017-kushners-china-deal-flop-was-part-of-much-bigger-hunt-for-cash/

Kushners’ China Deal Flop Was Part of Much Bigger Hunt for Cash

Jared Kushner's family real estate business owes hundreds of millions of dollars on a 41-story office building on Fifth Avenue, and has failed to secure new investors, despite an extensive search.

Bloomberg

https://sourceable.net/senate-inquiry-uncovers-scandalous-construction-con/

Senate Inquiry Uncovers Scandalous Construction Con

The Senate Inquiry into the construction industry’s use of dangerous and deadly building products has laid bare a lawless industry, firmly founded on fallacies.

Sourceable

http://www.theaustralian.com.au/news/nation/council-sells-out-religious-familys-home/news-story/d276d6aacae147db33f76cf166990f32?utm_source=The%20Australian&utm_medium=email&utm_campaign=editorial&utm_content=TodaySHeadlines

Tasmanian council sells rates-refusing family’s house

The house of a Tasmanian family that refuses to pay council rates on religious grounds has been sold to recoup $3,500 in unpaid rates.

The Australian

http://www.afr.com/real-estate/commercial/spring-in-the-bush-low-listing-volumes-put-rural-vendors-in-the-box-seats-20170901-gy8r9r

Low listing volumes put rural vendors in the box seats

Low listing volumes, strong demand from cashed-up farmers and corporate investors, and rising commodity prices are set to push up asking prices for rural trophy properties.

The Australian Financial Review