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When and why an agent might have to act in the tenant’s interest

May 25, 2020Cameron Micallef

It is common knowledge that agents should act in the best interest of landlords. However, COVID-19 has thrown a spanner into the mix, a government statement has explained. ...

REB_top100agents
top 10 agents

1

Alexander Phillips

Year of Experience: 20

Support Staff: 3

Residential Properties Sold: 215

Total Value of Residential Properties Sold:

$ 522,477,791

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Have you experienced sexual harassment or bullying in the workplace?

Yes, I've been the victim of sexual harassment (15.8%)
Yes, I've been the victim of workplace bullying (21.1%)
No (63.2%)

Total votes: 19
The voting for this poll has ended on: April 30, 2020
TECH MARKETING SALES BETTER BUSINESS PROPERTY MANAGEMENT
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Openn Negotiation has confirmed a new integration with realestate.com.au which aims to provide a better experience for b ...

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In April, Momentum Intelligence conducted a major survey to understand how the coronavirus pandemic has been affecting t ...

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After an initial lull, things have started ramping back up in the Brisbane property market, but Heath Williams, lead age ...

Michael Clarke WEB How the best agents are continuing to thrive throu ...

According to Clarke & Humel's Michael Clarke, the challenging nature of the COVID-19 real estate market is actually ...

Michael Johnson WEB How COVID-19 has been impacting real estate agents ...

In April, Momentum Intelligence conducted a major survey to understand how the coronavirus pandemic has been affecting t ...

Tom Panos 140520 What’s Making Headlines – 14 May 2020

What’s Making Headlines is your new source for all the latest in Australian real estate news. ...

Heath Williams WEB Selling Brisbane’s most luxurious properties dur ...

After an initial lull, things have started ramping back up in the Brisbane property market, but Heath Williams, lead age ...

Michael Clarke WEB How the best agents are continuing to thrive throu ...

According to Clarke & Humel's Michael Clarke, the challenging nature of the COVID-19 real estate market is actually ...

Positive Mindset in Business reb The impact of a positive mindset in the business o ...

Let’s be real: running a business or an office is stressful. Here’s a quick rundown of some insights on keeping yo ...

Cameron Black reb Lies and statistics: Has the property market actua ...

It seems like there has been a huge change of sentiment in the last month as a confluence of factors has come together t ...

short 850x400 june2019 How to get that big win

Getting a big win is more than just sales. It involves strategic planning and setting goals, according to real estate bu ...

MeganSmith 050719 cropped Ray White’s Megan Smith sells $14m property in B ...

Ray White Balmain sales dynamo Megan Smith has sold one of the most expensive houses in Australia this year, with the pr ...

home owners reb Home owners given stern warning on upcoming regula ...

Property managers in Victoria should advise caution to home owners, after a stern warning was issued about regulations s ...

Rolf Howard reb Will recent changes to tenancy laws tip the scales ...

The Australian rental market has long been considered by many commentators to favour the landlord over the tenant. Unlik ...

aerial properties new reb ‘Large discrepancy’: Average state loan v medi ...

New research has highlighted the “large discrepancy” between the average state loan and median house price in capita ...

Perth aerial new reb WA government rolls out new service to combat tena ...

The Western Australian government has launched a new service that aims to help tenants and landlords resolve COVID-19 t ...

EVENTS
REBAWARDS Listready
Real Estate Business Awards 2020

The REB Awards is the benchmark of success in the Australian real estate industry. It reflects not only the business astuteness of the country’s leading real estate operators and networks..

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Why we’ll keep delivering for our communities in the face of COVID-19

alex

As Australia tries to keep pace with a rapidly changing business and social landscape in the wake of COVID-19, Momentum Media is leading the way delivering essential content to our communities, writes Alex Whitlock, director of REB.

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Open house for Australia’s real estate data

12 August 2015 Dr Andrew Wilson

As any real estate professional knows, the property market is no longer what it used to be.

Buyers come armed with property prices, information on the local area, research on sales history and just about every other piece of information that once used to be the closely guarded secrets of the trade.

This new crop of savvy property buyers has resulted from ongoing technology innovations in the global property market.

Just about anything can be Googled now, the practice becoming so common that the name itself has become a verb. Almost everything comes with an app, with information only a click away.

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As buyers become more technologically aware and able to bypass property experts in a number of matters, it raises the question: how does the property expert remain relevant?

According to recent statistics, Domain Group saw significant growth in their digital audience, while Nielsen Online Ratings placed the property group’s audience at 2.5 million, a 65 per cent increase on last year. With figures showing that technology usage is growing, opting out is definitely not an option. Instead, it’s time the industry embraced technology and used it to their advantage.

While it might seem counterproductive, opening up all data and information to the public is a necessity. The practice of data democratisation is not a foreign concept. Many business models have changed the way they operate simply by making information free, open and accessible because they understand that information is a two-way street.

In the United States, property heavyweight, Zillow, acquired key property player, Trulia, for a final figure of $2.5 billion. Citing them as the key motives to merge, the property powerhouses wanted to corner the online market, cultivate faster innovation by combining resources and ultimately, make data more readily available to create a more informed market after they noticed an increase in online real estate traffic.

Australia’s property market can learn from international examples such as these. As more buyers use online platforms and applications to search for places to live, it becomes easier to predict market trends and better understand buyer behaviour.

Having the ability to capture analytical data from consumer activity through the use of technology puts the real estate agent back in control. It offers property experts a more detailed snapshot of buyers and puts them in a better position to target a wider cross-section of the market.

Industries that have embraced technology are leaving their more stubborn counterparts behind. They understand that the technology wave can’t be fought, either get swept up with it and ride the crest or lag behind and struggle to stay afloat.

If we can learn anything from our international siblings, it would be that the property market is not exempt from change driven by innovation. Data democratisation is fast becoming an inevitable fact of life for consumers everywhere. Those in the real estate industry who embrace this, and help guide their client thought the deluge of information, are the ones who will gain a competitive advantage.

Open house for Australia’s real estate data
Dr Andrew Wilson
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Dr Andrew Wilson

Dr Andrew Wilson

Dr Andrew Wilson is one of Australia’s leading housing market experts. He is the Senior Economist for the Fairfax-owned, Domain Group and presents property market intelligence widely to industry and investor groups around Australia.
He is a housing market speaker and presenter for the Committee for Economic Development of Australia (CEDA) and an appointed housing market expert and adviser to the Federal Government funded, Australian Urban Research Infrastructure Network. Dr Wilson’s experience spans senior property and construction research positions within industry, academia and government. He has published research in various academic journals and industry publications, covering a wide range of residential property and construction issues.

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Listen to other installment of the Real Estate Business Podcast

Why we’ll keep delivering for our communities in the face of COVID-19

alex

As Australia tries to keep pace with a rapidly changing business and social landscape in the wake of COVID-19, Momentum Media is leading the way delivering essential content to our communities, writes Alex Whitlock, director of REB.

Read more
Do you have an industry update?
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