Industry News

  • Jeffery Gray has been appointed the CEO of a new end-to-end real estate software solution called Propic. Mr Gray has previously worked with companies such as Dexar Group and will now work alongside Propic COO Peter Hutchison, leading a team of 40 with offices in Sydney and Melbourne. In a statement, the company noted that to date, Software as a…

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  • Luke Banitsiotis of Woodards Blackburn has won the title of 2019 REIV Senior Auctioneer of the Year for the second year in a row. Organised by the Real Estate Institute of Victoria (REIV), the Senior Auctioneer of the Year Competition is a two-day event, testing auctioneers on their knowledge of best practice and legislation. It also tests their performance in a…

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  • The annual PropertyX Awards, presented by Property Exchange Australia (PEXA), have recognised some of the best digital property settlement players in Australia. Now in its second year, the event saw property developers, conveyancers, lawyers and lenders come together to celebrate businesses leading the digitisation of property settlements. Awards were given to businesses that have demonstrated leadership, innovation and customer-centricity in…

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  • The Australian Prudential Regulation Authority (APRA) has announced a possible revision to its 7 per cent ‘stress test’ buffer on home loans. In a letter issued to authorised deposit-taking institutions (ADIs), APRA has proposed removing its guidance and allowing ADIs to review and set their own minimum interest rate floor for use in serviceability assessments. In the letter, the regulator…

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  • Has the coalition victory created an increase in consumer confidence as it relates to the property market? Many groups are saying that stability is a good thing with signs already of greater optimism, clarity and certainty. Dexar Group  Dexar Group Chief Experience Officer John Minns has welcomed the end of the election campaign and stability for the housing market in…

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  • Some of the best auctioneers from around Victoria will battle it today for their chance to compete in the Australasian Auctioneering Championships in October. The Senior Auctioneer of the Year Competition, organised by the Real Estate Institute of Victoria (REIV), is a two-day event, testing auctioneers on their knowledge of best practice and legislation. It also tests their performance in…

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  • The competition to discover inspiring ideas that move the rental experience forward has now entered its final phase, with the public invited to have their say on who should win the Real Ideas Prize. Five entries were chosen to make the shortlist for the award after an overwhelming amount of entries were received nationwide. These finalists were recently given the…

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  • The Real Estate Institute of Victoria (REIV) has launched its ‘Choose a Member’ campaign to raise awareness of a new agent search tool. REIV President Robyn Waters said it has never been more important for property owners to thoroughly research potential candidates when selecting the right person to sell, lease or manage their property. ‘Choose a Member’ searches can be…

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  • Former Domain Chief Executive Officer, Antony Catalano, has announced his involvement in The Today Business, a media and proptech company designed to enable clients to make better property marketing decisions. Mr Catalano, who recently purchased Nine’s regional newspapers has taken on the role of Chairman of the new company and told Fairfax that the platform had cost about $1 million…

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  • Belle Property has launched a Facebook-hosted training and coaching program to help new agents bridge the gap between registration and commencing their career. Developed by Belle Property’s Academy Advantage training department, ‘Fast-Track’ is geared towards agents with less than 12 months experience and covers prospecting, building a database, and maintaining database health. “One of the major weaknesses of the real…

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  • Gavin Rubinstein, a number one salesperson in the Ray White Group for the past six years, is set to open a Ray White office on Queen Street, Woollahra as of 1 June, 2019. The location is in one of the most prestigious pockets in Sydney’s eastern suburbs. Mr Rubinstein has been part of the leading Ray White Double Bay office…

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  • Creative branding agency Pontoon 8 has revealed a fresh focus on property marketing with the launch of a new business venture entitled Pontoon Property. The move sees Pontoon 8 Managing Director Saxon Lyne joining forces with experienced property marketer Shane Stewart to focus their creative talents on the property marketing space. Based in Manly on Sydney’s Northern Beaches, Pontoon Property…

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  • Submissions are now open for the Annual REA Excellence Awards (AREAs), which celebrates excellence in the property and media industries. The AREAs honour the most innovative, community-minded and highest-achieving individuals and businesses across property and media. There are 21 awards in total across the three categories of Innovation, Service & Marketing Excellence and Community. The categories are designed to encompass…

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  • Property disruptor Soho has launched a ‘News Feed’ feature for its app in an attempt to help buyers and sellers find their dream home. Similar to existing social networking platforms, users will be able to track trending topics through hashtags, connect to industry experts, and watch videos from industry figures. Since the platform launched in 2017 it has garnered over…

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