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News
The $1 billion machine – inside Alexander Phillips' high-stakes bet on Sydney real estate
4+ day, 1+ hour ago (1234+ words) After 11 straight years as Australia's top-ranked agent, Alexander Phillips explains why he brought his entire Eastern Suburbs team into a new network built around AI buyer-matching technology. For more than two decades, Alexander Phillips has built one of the country’s…...
China unveils reforms to end housing presale model
6+ day, 2+ hour ago (471+ words) Beijing has told local governments to prioritise completed-home sales and extended mortgage terms to 40 years, in a package analysts say goes further than markets expected. The government has released a package of reforms aimed at stabilising a downturn that has…...
Victoria's underquoting crackdown raises questions on shifting reserve prices
1+ week, 3+ day ago (1046+ words) New laws requiring reserve prices to be published seven days out leave open how agents should handle a vendor changing their price or rejecting an offer late in the campaign. Victorian agents must publish a vendor's reserve price at least…...
Jack Gilchrist: Building an Empire in South Gippsland Real Estate
1+ week, 4+ day ago (1002+ words) Jack Gilchrist never set out to be a real estate agent, let alone run one of the most successful agencies in South Gippsland. But the prospect of another seven years of study didn’t sit well with someone who describes himself…...
The 25x mindset: How Alex Jordan turned a career-ending diagnosis into a 5-year reign as McGrath's top agent
2+ week, 4+ day ago (1039+ words) From a shock diagnosis and financial rock bottom in 2011 to becoming McGrath’s five-time Agent of the Year, Alex Jordan’s extraordinary journey is a testament to the power of extreme mindset shifts, long-game detachment, and relentless personal discipline. Living in Brisbane…...
Why cheap and investable are not the same suburb
2+ week, 5+ day ago (469+ words) Hotspotting's managing director explains the fundamentals separating genuine growth prospects from suburbs that are simply low priced, across five capital city and five regional markets. The list splits five metropolitan and five regional locations across New South Wales, Victoria, Tasmania,…...
OBrien network honours top performers at annual gala awards
3+ week, 2+ day ago (348+ words) More than 350 people gathered in Melbourne to celebrate the network's top sales agents, property managers and offices for the year. The night covered sales, property management, leadership and office growth, with managing director Dean O’Brien framing the results as a…...
How New Foreign Buyer Rules Impact Australian Real Estate
3+ week, 2+ day ago (520+ words) Extended purchase bans, tripled FIRB fees and a 30% capital gains tax rate are reshaping offshore demand, with the full effect still to show in next year's figures. According to the Productivity Commission’s annual Trade and Assistance Review, investment approvals granted…...
Geoff Grist joins Harcourts after 21 years in Mosman and Neutral Bay
3+ week, 2+ day ago (409+ words) The Lower North Shore veteran has opened a franchise, built and sold a rent roll, and merged property management businesses – now he's starting again under a new banner. Over 21 years, Geoff has opened his own franchise, acquired a local rent…...
Japanese agency sells homes for 1 Yen, banks trust instead
3+ week, 4+ day ago (364+ words) One Tokyo agency has built a business model around giving away unwanted regional properties for less than the price of a coffee, betting that trust converts into commission years later. The Tokyo-based agency lists inherited homes and vacant land, often…...