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Hot Property: The biggest stories this week 33

By Staff Reporter
10 June 2021 | 10 minute read

Lessons from a high-performing agent, tech acquisitions, mortgage tightening and buyer-centric suburbs: Here are the biggest property stories this week.

To compile this list, we consider the week’s most-read stories and the news that matters to you, and include stories that also have an impact on how you go about your business from our sister brands in the property space.

1. Is the profession letting itself down?

Agents need to evolve to do more than just listing and selling, according to a network CEO.

2. 3 ways great agents think

There are several common denominators that separate the high-performing agents from the rest, according to a Top 100 agent.

3. Are we headed towards real estate’s ‘taxi’ moment?

Almost all my taxi rides in the past two years have ended the same way — me stepping out of the taxi without paying, writes Josh Callaghan.

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4. RBA cautions investors, so when can we expect mortgage tightening?

While interest rates are said to remain low for an extended period of time, changes in the lending landscape are expected shortly, with the RBA itself announcing it is watching investors very closely.

5. Mortgage Choice shareholders vote in favour of REA takeover

The shareholders of the major brokerage have voted in favour of REA’s proposed acquisition of the company.

6. New repricing and refi tool launches for brokers

A former broker has launched an AI-based tech platform that automates the repricing and refinancing process for brokers, in a bid to help free up time and save clients money.

7. Former mortgage brokerage convicted, fined

Former Melbourne brokerage Advanced Choice Finance has been convicted and fined for knowingly making a false statement to ASIC.

8. 33 suburbs where buyers trump sellers

Australia may be a seller’s market, but buyers can still find reprieve in several suburbs where there is more stock available than in previous years, new research has revealed. 

9. Non-majors highlight turnaround success

Several non-major banks have revealed how they are working to keep turnaround times fast and reduce channel conflict.

10. How social media post timings can boost sales campaigns

A clear social media strategy is more than just posting a picture and hoping that buyers and sellers just “come along”, according to an expert in the space.

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