Deutsche Bank thinks the value of buyer and seller leads generated by Zillow is underappreciated by Wall Street.
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Deutsche Bank thinks the value of buyer and seller leads generated by Zillow is underappreciated by Wall Street.
Using EQ to understand different personality styles is vital to creating and maintaining relationships, especially during this unprecedented period of time. Here’s how to use DISC personality profiles to forge stronger relationships through communication.
Gavin Rubinstein has been named the top-selling principal for Ray White internationally.
Gavin Rubinstein took the top prizes at last night’s Ray White awards, named not only the top-selling principal in NSW and ACT but the number one principal for the real estate franchise internationally.
The gun eastern suburbs agent, who only opened his own office Ray White TRG a year ago, said COVID-19 had a massive impact on the sales environment.
“It’s been more challenging to sell property without question and the most challenging environment in terms of getting the deal done,” Rubinstein told the Wentworth Courier.
He also said that after winning the number one sales agent for the group for the previous seven years, becoming the No.1 principal feels the biggest achievement to date.
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The sales agents at Ray White TRG: Evan Williams, Cae Thomas, principal Gavin Rubinstein, Oliver Lathers and Patrick Cosgrove.
“I’m an absolute baby at running a business — this is a whole new game,” Rubinstein said.
Initially operating from a temporary office before the new Queen St office opened last September, he hadn’t anticipated the time required for recruiting — including support staff, the team has grown from five to 15 — and training.
But he said he was incredibly proud of his team who had been a key reason he — and they — had done so well at the awards.
“I have the support of an amazing team and a very good group of clients that I am extremely grateful for,” he said.
“I’ve enjoyed most of the past 12 months and seeing guys like Oli (Oliver Lavers); Patrick (Cosgrove), Evan (Williams) and Cae (Thomas) progress.”
The international award is based on settled commissions for the franchise’s sales across Australia and New Zealand.
Kyle Sandilands and Jackie O.
9 Cambridge Ave, Vaucluse, sold for $6,675,000 in March.
One of his most celebrated sales of recent months was the Vaucluse home of radio host Jackie O for $6,675,000 — which was well above the $6.5m price guide — just as COVID-19 hit in March.
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Rubinstein also acted as her buyer’s agent in the purchase of her new home in Woollahra, for $11 million in June.
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The office was also involved in recent $5.65m sale of the Tamarama home of tailor Patrick Johnson and his interior designer wife Tamsin and the $4m Paddington sale to Nadia Fairfax last week.
He said next challenges were for someone in his office to win the No. 1 salesperson award and to one day win the number one office ranking.
“Winning No. 1 office is not going to happen overnight — the guys in the top ranking have 50 to 70 staff, we’re small fish but with the right work ethic and dedication we stand a good chance,” Rubinstein said.
A more urgent task is to get some more space in the office. “I don’t have a spare seat in the office,” he laughed.
In other awards, the state’s coveted top office Award went to Ray White Lower North Shore, which also ranked as the second top office in the international award.
Ray White Maroubra/South Coogee Director Nader Hotait is number one sales agent based on sales commissions.
And Brendan Lappan of Ray White Macarthur was awarded top salesperson by number of sales, and number four in the international rankings.
The post Gavin Rubinstein named number one principal internationally at Ray White Group Awards appeared first on realestate.com.au.
As leader of your team, it’s your responsibility to find a plan, inspire motivation and lead your team through change. Being adaptable to these changes is what sets you apart from other teams. Here are some concrete steps for leading your team through the rest of the year.
Victoria’s eviction ban, and other support measures for tenants and landlords in coronavirus-related hardship, could be extended into 2021.
New Consumer Affairs Minister Melissa Horne introduced a Bill to parliament on Thursday, which will prolong the state government’s residential tenancy support measures to March 28 with an option to further extend to April 26.
The Bill also seeks to extend measures to protect commercial tenants to April 26, but it still needs to pass parliament to come into effect.
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Government support for struggling tenants and landlords could be extended well into next year. Picture: Josie Hayden
The government’s rental support package was first unveiled in April and two weeks ago Treasurer Tim Pallas announced it would be extended to December 31.
The measures include a moratorium on evictions, except in specified circumstances, and rent hikes.
They also allow for rent reduction agreements to be struck, for formal dispute resolution between tenants and landlords, and for land tax relief for landlords who discount rents for struggling tenants.
In her speech to parliament, Ms Horne said: “Unfortunately, we are not yet out of the woods.
“Victoria and the world continue to grapple with the challenges of the pandemic, and we continue to need many of (these) emergency measures.”
Tenants Victoria has welcomed a possible extension.
Tenants Victoria chief executive Jennifer Beveridge labelled the Bill “welcome recognition by the state government of the great pressures tenants are facing in our state, with the challenges of a national recession and the impact of a hard lockdown in Melbourne”.
“We know renters who have lost jobs and hours are over-represented in sectors such as tourism, retail and hospitality,” Ms Beveridge said.
“They need these continued protections to shield them at a time when home is a sanctuary.”
Real Estate Institute of Victoria president Leah Calnan said any extension to these measures needed to be accompanied by a requirement for tenants to “provide supporting documentation to show they’re in financial hardship” and “an allowance for landlords to end tenancies when rent is not being paid at all”.
More resources also needed to be added to the Victorian Civil and Administrative Tribunal, she said.
The Bill will also delay the remainder of Victoria’s rental law reforms from coming into effect until well into 2021.
All 130 amendments to the Residential Tenancies Act — which included introducing minimum standards for properties, allowing renters to make minor modifications to their homes, and banning no-reason evictions — were initially due to have come into force by July 1, which was later postponed to January 1.
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The post Victoria freeze on evictions, rental support package could stretch into 2021 appeared first on realestate.com.au.
Tame Impala’s frontman Kevin Parker has purchased the Yallingup beach house where he recorded two of his critically acclaimed albums, including his first solo offering Innerspeaker in 2009, and his third album, Currents, in 2014.
Parker bought the property at 231 Injidup Spring Road for $2.75 million.
The iconic, yet rustic, property, dubbed Wave House, takes in world-class views of Western Australia’s south-west and has been used by high profile musicians as a recording studio and a site to stage impressive events.
Parker paid $2.75 million for the rustic home-come-recording studio. Picture: realestate.com.au
Built in the 1980s by American producer and music industry veteran Ken Eichenberg, Wave House has been frequented by some of the biggest names in the business, including the Beastie Boys, Fatboy Slim, The Waifs and Fat Freddy’s Drop as a studio retreat.
Selling agent Lee York, from JHY Realty – Dunsborough, said the vendor was delighted to know the home’s musical legacy will live on.
“The property was sold to someone who will continue to keep the music alive onsite as the property has such a strong history with the local and international music scene,” Mr York said.
Tame Impala Recording Studio House
The home offers a welcome escape from city life. Picture: realestate.com.au
The breathtaking views are the perfect backdrop for writing music. Picture: realestate.com.au
The rustic home has a cosy atmosphere. Picture: realestate.com.au
The ultimate space for musical creativity. Picture: realestate.com.au
The outdoor stone amphitheatre is a standout feature. Picture: realestate.com.au
Ocean living doesn’t get better than this. Picture: realestate.com.au
Set on 50 acres of premium oceanfront, the landholding captures spectacular views of Injidup Beach as well as Leeuwin-Naturaliste National Park.
One of the most outstanding features of the property is the natural limestone amphitheatre, which has hosted local and international music acts and private events for up to 300 people.
The main three storey residence comprises four bedrooms and two bathrooms. There is also another two storey property with two bedrooms on the site.
The sale settles in July 2021.
The post Tame Impala’s frontman buys beach house where his solo career began appeared first on realestate.com.au.
A new report by Attom Data Solutions and CityBldr highlights areas with the greatest potential for taking advantage of tax benefits in order to revive densely packed, low-income communities.
Union Quarter, Spotswood.
A more than 300 apartment Spotswood project purpose-built for renters is aiming to give tenants free or discounted gym and yoga access.
The Suleman Group has begun construction of the $275m project, named Union Quarter, which will also include a Woolworths supermarket, a Dan Murphy’s and a mix of cafes, health, fitness and retailers centred on a town square.
Three buildings designed by architects Baldasso Cortesi will range from three to eight storeys and include a mix of one- and two-bedroom apartments as well as larger loft-style homes.
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A further 34 homes will be made available to the National Disability Insurance Scheme.
Suleman group managing director Sam Suleman said after buying the site as a paddock from VicTrack 20 years ago they believed it would now meet rising demand for long-term tenancies.
“We genuinely believe in the underlying housing demand fundamentals, particularly in the fast gentrifying area of Spotswood, which has experienced rapidly rising demand for quality residential dwellings,” Mr Suleman said.
Development manager Zoran Pavlovic said they were looking at ways to give tenants cheaper or free access to an onsite gym, and would also include a private dining facility and lounges. He added that residences would be larger than those typical in institutional build-to-rent complexes.
Union Square is expected to be completed in mid-2022 and, in addition to residences, is forecast to create more than 470 ongoing jobs.
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The post Union Quarter, Spotswood: Build-to-rent project to have perks appeared first on realestate.com.au.
South Melbourne’s Wayside Inn has sold.
The beers will keep flowing at a century-old South Melbourne pub, following its multimillion-dollar sale to a new publican.
The Wayside Inn has changed hands for the first time in 25 years, for an undisclosed figure understood to be in excess of the $3.7m asking price.
JLL Hotels & Hospitality Group vice president Will Connolly said the buyer intended to continue running the historic pub at 446 City Road as it was in the short term, before potentially renovating it next year.
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The pub was refurbished in 2018.
The new owner intends to keep running the pub.
They intended to benefit from the watering hole’s rare 5am general liquor licence, which gave it a late-night edge over other venues in the area.
The Wayside Inn dates back to about 1868, although the building that stands today was constructed in 1915.
Mr Connolly said it underwent a minor refurbishment in 2018, and had been operating in “takeaway mode” during Melbourne’s COVID-19 lockdown.
“It has been a fairly frequented gastropub, being close to Crown and on the light rail. It’s had a really great food reputation,” he said.
The hotel dates back to the 1800s.
A courtyard and beer garden was part of the package.
The property occupies a 587sq m block on the busy City Road and Ferrars Street corner.
It includes a large public bar, a dining room with an adjoining courtyard and beer garden, and an upstairs function room with a dedicated bar and a rooftop deck.
Mr Connolly expected the sale to give hotel owners throughout metropolitan Melbourne confidence they owned “an asset that is viable and seen by the market as a type of property that will recover”.
“The Melbourne hospitality industry has been, and continues to be, the heaviest hit since COVID-19 restrictions were implemented,” he said.
On the other side of the city, the site of beloved Carlton Irish pub the Dan O’Connell Hotel sold in July, after attracting up to 100 inquiries over a month on the market.
It’s understood the 1884 Gothic building on the corner of Canning and Princes Streets sold well in excess of its $2.5m price guide. The property’s future remains unknown.
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The post Wayside Inn: Century-old South Melbourne pub sells appeared first on realestate.com.au.