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News

Keeping up with the latest updates on the real estate industry is now a breeze with Real Estate Business’ News category. This section contains breaking news stories on topics such as property management, real estate business marketing and regulation.

McGrath makes exec appointment to convert ‘genuine value’ opportunities

McGrath has made an executive appointment in one of its key divisions as it moves to convert revenue opportunities created by movements in the market....

Aussie project sales changing, poised for growth

Off-the-plan project sales is going through a significant change across Australia, from selling out a building in a weekend to a more even-keeled proc...

Purplebricks CEO moved on, replaced by global executive

Purplebricks will replace its CEO in the Australian business, not long after it was forced to revamp its business model here after a serious backlash ...

Vacancy rates down in metro Sydney, regional NSW

The October 2018 edition of the REINSW Vacancy Rate Survey Results shows that metropolitan Sydney vacancy rates were down by 0.1 of a percentage point...

50-bid frenzy doubles closing price for historic auction

Eight registered bidders duked it out for the historically infamous Les Bubbles building in Fortitude Valley in Brisbane in a 50-bid frenzy that push...

Di Jones’ Kylie Walsh wins prestigious award

Di Jones general manager Kylie Walsh has been acknowledged for the exceptional success she has achieved in the property industry. Write commen...

Capital cities: Values fall in all but one

Home values maintained their downward shift again this week in all but one capital city, with Adelaide the only one to hold firm, according to the lat...

Purplebricks already effecting ‘dramatic change’ in commission-charging agents’ behaviour

Controversial fixed fee network Purplebricks has said that its introduction to the market has already resulted in a dramatic change in the behaviour o...

Family opens Ray White office on the Gold Coast

Darren and Sandy Davey have opened a Ray White office in Labrador on the Gold Coast, four years after establishing an office in nearby Ashmore. ...

Sotheby’s opens office in the Whitsundays

Sotheby’s International Realty in Queensland has appointed former Hamilton Island Realty principal Wayne Singleton to head its operations in the Whi...

House sizes on the wane, now at a 22-year low

The average size of new homes is on the decrease, and they are now at their smallest level since 1996, new data from the ABS has revealed. Wri...

E-signature legislation passed but government tech still lagging, says REINSW

Legislation allowing e-signatures on residential agreements has passed in the NSW Parliament, but the REINSW has said that there’s a larger prob...

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What is the worst mistake vendors make?

Price too high
Taking low offers too personally
Neglecting curb appeal
Not ‘staging’ the home for sale
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