15 Burst results for "Rei Group"
"rei group" Discussed on Fear And Greed
"Welcome to the fear and greed afternoon. Mark report for monday the twentieth of september. Twenty twenty one. We're in just a few minutes. I tell you everything you need to know about. What's happened in financial markets in the world of economics. Today i'm shawn the. Snp is six two hundred finished down more than two percent today or one hundred and fifty one points to seven thousand two hundred forty eight points. It was the lowest close in three months and the worst single session since february. About fifty billion dollars in value was walked off the boss decay raisin on oil prices on oil futures fell to ninety dollars a ton in singapore. That's compared to more than two hundred and thirty. Us dollars a ton just for months ago fees about a slowdown in studio production in china is the critical factor but the sell just seems to have its own momentum. Not hoping is that. The i in all spot market in china is closed for two days. A big share price falls across all monitors and battery middle's groups today. Junior mina champion on was the worst performer of the top. Two hundred dropping almost thirteen percent mineral resources was off more than five percent and badge. Pay four two in rio tinto or dropped between three and four percent among the battery. Middle's groups launched rare earths fill eleven point four percent nickel mines was off more than nine percent in lithium produces pooper minerals and our cobra both fell more than eight percent. They huge falls. The self is pretty brutal with only one of the top forty companies in the black today and that was called up zero point eight percent all the banks dan around two percent. The tech companies were mixed some luck digital property company. Rei group outperformed the market while others like clad. Accounting group zero tumbled. And i sound like. I'm picking on the next two companies. I'm not these two. Were blue chips just a few years ago. In the case of imp it is now trading at an all time. Low of ninety five cents a share and in the case of ideal a twenty low. The energy group is off sixty three percent over the past year easily. The best performer today was energy group audit services which received a nine point six billion dollar takeover offer from canadian giant brookfield asset management. It share price jumped as much as twenty two percent before ending the day up. Nineteen percent trans. urban confirmed. It wants to buy that. Forty-nine percent of whis- connects it doesn't own for about nine point. Three billion dollars. The company shares were trading. Hold probably just as well all. His commission hasn't helped the aussie dollar which fill around one percent in his trading. Just about seventy two. Us sense goal. Prices have also edged law with brent crude down around one percent. That's it for the afternoon market report for monday. The twentieth of september twenty twenty one. Join me tomorrow morning. For the tuesday edition of fear in grade and then for my chat to demographia. Simon houston maha about population growth or the lack of it and what it means australia. I'm showed alma. Enjoy your evening..
"rei group" Discussed on Fear And Greed
"You up for a successful day. I'm sure there is a bank. Provides an update assessment of the economy saying covert has delayed but not derailed economic recovery. That's our main story. Also coming up in today's podcast contest hands at frequent flyer points in an effort to boost vaccination rights be south files permeate gladys very. Jacqueline says. The state should be ready for mid october reopening. The major supermarkets on the lookout for more than six thousand workers. Then stay listing for my chat jar. Australia's chief economist callous cacho. That the economic apple. But i is a brief. Oh good markets wall street reopened after the holiday long weekend and tech stocks did well must other sectors fill back. The dow jones industrial average was off zero point six percent. The s&p five hundred zero point two percent law while the nasdaq was up. Zero point two percent european markets but weekend with both london's footsie in the socks europe. Six hundred off half a percent the s. and pay six two hundred rose slightly yesterday to finish at seven thousand five hundred thirty points it trained to down all die into the reserve bank announcement at two thirty pm that provided a boost for equities and the currency that might eubanks for lower with the exception of pack which are slightly macquarie. Group was up zero point. Six percent and telstra was half cent hire the best of the top twenty was plasma group. Csl up one and a half percent. The base of the big cats was rei group of two point. Four percent while aristocrat. Leisure rose one point seven percent. The gaming machine maker is the second best performer. Over the past year up more than sixty three percent only building supplies group. James hardie has done bitter. I eighty two percent oil. Prices were lower. I have an audible gulp. Prices fell back below eighteen hundred. Us dollars an ounce. The aussie dollar was lower. I've not on the back of a stronger greenback and his trading at just under seventy four. Us since and the price of iron nor has full into a seven month low of around one hundred fifty two us dollars a ton after china. Stick up if it's to cut steel production behind the crackdown are if it's to reduce carbon emissions in the world's second largest economy also weighing on the price is increased production levels globally. The price of oil has full and forty percent since its peak in my that sent. The share prices of the maija on oman is much lower with four skew down more than three percent yesterday. It's of more than thirty percent since the end of july. Hp in rio tinto oppose down around twenty percent. The.
"rei group" Discussed on Fear And Greed
"Welcome to the fearing great afternoon. Michael report for tuesday the thirty first of august twenty twenty one. Just a few minutes. I tell you everything you need to know about. What's happened in financial markets in the world of economics. Today i'm sean alma. Isn't six two hundred closed up zero point four percent today to seven thousand five hundred thirty five points. There wasn't a huge amount. Happening among the large-caps on the final day of earning season industrial property group goodman ended up two point three percent while woodside petroleum fell point seven percent there was some pretty good performances from rei groups on a kilt k. Kohl's after pay an aristocrat. Leisure the big mon has lost ground with four to skew off one and a half percent. After it's big jump. Yesterday following the announcement of a bumper profit. The major banks were mixed by take group may psi blast was easily the worst performer of the top. Two hundred down almost sixteen percent after saying it's loss last financial year had walked into almost one hundred million. us dollars the bist was clinical pharmaceuticals up. Eleven percent while app was up seven percent harvey norman reported today cutting. Its final dividend but agreeing to repay job kepa. Subsidies the retailers net profit was up seventy five percent boosted by strong demand for furniture appliances and consumer electronics during the pandemic whip. Jet said it would be cash positive for the conflicts months. That's good news. From the travel group and economic news. Dwelling approvals tumbled eight point six percent join july and now down. Thirty three percent from the hause. In march the biggest slide climbing approvals for units. The message out of these is that construction activity could fall in a heap later in the year having been brought forward by homebuilder payments earlier in the year meanwhile private sector credit rise faster than expected last month and it's up four percent year on year in june quarter trade surplus. He domestic twenty nine billion dollars. Now that will help. Economic growth those figures of the june quarter a jew out tomorrow and finally the lightest core logic. Figures show that house price growth in sydney and melbourne has significantly slowed from its much peaks. But at least they still rising and that's not bad given the lockdowns just recapping wall street. It was a very strong close. Ticks dogs with apple leading the way. The nasdaq ended up one point. One percent the s and p five hundred finished up zero point four percent and the dow jones industrial average was down zero point two percent. That's it for the afternoon market report for tuesday. The thirty first of august twenty twenty one. Join me tomorrow. Morning for the wednesday edition of fear and greed and then for my chat to clayton house founder of listed consumer linda money. May i'm sean alma. Enjoy your evening..
"rei group" Discussed on Talking Automotive
"Gina, welcome to . the It show is great to have you speaking to us today. Maybe just to kick things off can you maybe just tell us a bit about Gina McCartney - who you are and some background. . to thank Yes, I'm yourself sure, you so Gi for na McCartney having me here today. Super excited to see both. So my background if i go back to perhaps my brief - youth and into professional career. I really my whole life was distant creative: sculpting, painting, designing and off the back of that passion went to uni studied creative advertising and was destined. ..my path was to become a art director . My very early career was in advertising agencies and spent ten years ing servic some like pretty big clients ilo, . kohl's meyer group. Cbi off foundation and then some order client bmw and many were because of mine and it was during that time that i realized how much i loved as and surprised no surprise. I joined renault. Stralia and joining renault at the time was at a really pivotal point for the business. And that was all about preaching and finding every possible opportunity we could in the market and myra was to introduce the sierra digital program. Really lift the capability of the dealer network from a lead management perspective. Sur getting out outta rot on building confidence back in the network that we were providing leads to them in generating value from office and then from neymar roll moved into a brand and events role and so the full marketing swayed had an awesome time with the business and great team. And then my time was up. When i was tapped on the shoulder for all at anchor pinellas area group been realized real estate dot com to you joined the business not really knowing much about the role. I was joining. He'd go to market manager role and of bain there now close to seven years and moved my way through various segments. So we're two now. Residential business at develop a business emotional property meteorologisy and clients and also to stint in malaysia. And i leave the win. We acquired a southeast asia and helped with the integration of that business side at an awesome korea here. Rei and now run. I tame called the customer. Excellence team and so my team move. Twenty incredibly talented people help support our two hundred thirty sales teams across australia. And that includes the learning development perching old training ogata market siles support collateral and operations analytic. Kpi's commissions incentive sprints and really big a big team mission and vision is to pave the new way of selling and selling clock when you work for rei. Let's bit about my story. Love love gardening love dancing and eighteen. And that's how i spend most of my time let's it's an impressive story. How you you've migrated from during the karate stuff through to or i will now into real estate now. We can't get a bit of understanding as to real estate dot com o. Rei group and what's the back story of real estate. Dot com abc business was born in the garage. Dome koster and for those familiar with john. It's in the eastern suburbs of melbourne and in nineteen ninety five and they came up with a crazy idea of water. We put the photos of property onto online so people can see them on the internet and so literally scanning photo by photo by photo built this web sought. That looks very different today than what did obviously up. Twenty plus years ago and over the years to really brilliant simple idea to gos- and today with the leading australian property portal and we have hundred million plus is it as a month coming to thought trillions of photos from a perspective and yeah we service most property clients around australia and that includes real estate agents property manages developers homebuilders land developers media clients of less amount of probably. But almost all and anyone that wants to reach property. Sega's we do business. You know you've got a really interesting background. Having spent tom and credit in automotive value in real estate can you. Maybe just discuss some of the similarities. Between automotive and real estate i remember when i joined. Ra and it was probably a month thing. I thought wow. I didn't realize there was so many similarities between the two industries. And if i stop from a business structure perspective the similarities of utah franchise groups independence at relationship between head office and you know the small small businesses that are running in local and regional areas. I think that that pressure that applies with a small business to find the raw talent retain talent when there is no professional requirement This note there's no huddle to get into other industry. And i think that is a challenge that are still share today and another real estate industry in particular institute really trying to introduce their professional courses create more opportunities for the right people to enter the industry. So they've got really quality staff sieving consumers invincibles. And i think our remember. That was a challenge in the automotive industry finding the right talent and apprenticeship styles perspective perhaps a bit of bid process. But that was probably one thing that i saw straightaway is a big lesson. In automotive that i think real estate can learn with the handshake. Between sales and after-sales and if you think of the real estate version of that is the sales and rental market now rent rolls the most profitable part of a real estate agency and if you think about the handover in the importance of one to the other the ongoing retention of the customer. I think that's a really important similarity between the two some. I think some best practice sharing could happen more. And then the probably the other big similarity i would say is the is much smarter and much savia and this is probably not exclusive to automotive in real estate but their expectations have increased tenfold. And no longer. Can you get back to a later inquiry within a couple of days. We're now seeing consumer expectations at a couple of minutes. And i think that's something that dealerships deal with daily and you know the the now now now economy that exists within cosima world. I think probably other thing on the consumer front is that the journeys are linked. If i'm pregnant and on nita anita house extra bedroom is a good chance. I'm going to need a bigger car. And i think those moments is a absolutely everyone knows. It's often not always but often shapa to finance your car off the back of your heinlein. So the journeys and lost moments of really similar and jana. What data do you use to compare the consumer trends that you're saying so when you're talking about the financing of the house or those life changes that with with people. I've got an extra by the on the way on a three bedroom unit of a two bedroom or downsizing nato three bedrooms dance. So
How Real Estate Sells Cars with Gina McCartney
"Gina, welcome to . the It show is great to have you speaking to us today. Maybe just to kick things off can you maybe just tell us a bit about Gina McCartney - who you are and some background. . to thank Yes, I'm yourself sure, you so Gi for na McCartney having me here today. Super excited to see both. So my background if i go back to perhaps my brief - youth and into professional career. I really my whole life was distant creative: sculpting, painting, designing and off the back of that passion went to uni studied creative advertising and was destined. ..my path was to become a art director . My very early career was in advertising agencies and spent ten years ing servic some like pretty big clients ilo, . kohl's meyer group. Cbi off foundation and then some order client bmw and many were because of mine and it was during that time that i realized how much i loved as and surprised no surprise. I joined renault. Stralia and joining renault at the time was at a really pivotal point for the business. And that was all about preaching and finding every possible opportunity we could in the market and myra was to introduce the sierra digital program. Really lift the capability of the dealer network from a lead management perspective. Sur getting out outta rot on building confidence back in the network that we were providing leads to them in generating value from office and then from neymar roll moved into a brand and events role and so the full marketing swayed had an awesome time with the business and great team. And then my time was up. When i was tapped on the shoulder for all at anchor pinellas area group been realized real estate dot com to you joined the business not really knowing much about the role. I was joining. He'd go to market manager role and of bain there now close to seven years and moved my way through various segments. So we're two now. Residential business at develop a business emotional property meteorologisy and clients and also to stint in malaysia. And i leave the win. We acquired a southeast asia and helped with the integration of that business side at an awesome korea here. Rei and now run. I tame called the customer. Excellence team and so my team move. Twenty incredibly talented people help support our two hundred thirty sales teams across australia. And that includes the learning development perching old training ogata market siles support collateral and operations analytic. Kpi's commissions incentive sprints and really big a big team mission and vision is to pave the new way of selling and selling clock when you work for rei. Let's bit about my story. Love love gardening love dancing and eighteen. And that's how i spend most of my time let's it's an impressive story. How you you've migrated from during the karate stuff through to or i will now into real estate now. We can't get a bit of understanding as to real estate dot com o. Rei group and what's the back story of real estate. Dot com abc business was born in the garage. Dome koster and for those familiar with john. It's in the eastern suburbs of melbourne and in nineteen ninety five and they came up with a crazy idea of water. We put the photos of property onto online so people can see them on the internet and so literally scanning photo by photo by photo built this web sought. That looks very different today than what did obviously up. Twenty plus years ago and over the years to really brilliant simple idea to gos- and today with the leading australian property portal and we have hundred million plus is it as a month coming to thought trillions of photos from a perspective and yeah we service most property clients around australia and that includes real estate agents property manages developers homebuilders land developers media clients of less amount of probably. But almost all and anyone that wants to reach property. Sega's we do business. You know you've got a really interesting background. Having spent tom and credit in automotive value in real estate can you. Maybe just discuss some of the similarities. Between automotive and real estate i remember when i joined. Ra and it was probably a month thing. I thought wow. I didn't realize there was so many similarities between the two industries. And if i stop from a business structure perspective the similarities of utah franchise groups independence at relationship between head office and you know the small small businesses that are running in local and regional areas. I think that that pressure that applies with a small business to find the raw talent retain talent when there is no professional requirement This note there's no huddle to get into other industry. And i think that is a challenge that are still share today and another real estate industry in particular institute really trying to introduce their professional courses create more opportunities for the right people to enter the industry. So they've got really quality staff sieving consumers invincibles. And i think our remember. That was a challenge in the automotive industry finding the right talent and apprenticeship styles perspective perhaps a bit of bid process. But that was probably one thing that i saw straightaway is a big lesson. In automotive that i think real estate can learn with the handshake. Between sales and after-sales and if you think of the real estate version of that is the sales and rental market now rent rolls the most profitable part of a real estate agency and if you think about the handover in the importance of one to the other the ongoing retention of the customer. I think that's a really important similarity between the two some. I think some best practice sharing could happen more. And then the probably the other big similarity i would say is the is much smarter and much savia and this is probably not exclusive to automotive in real estate but their expectations have increased tenfold. And no longer. Can you get back to a later inquiry within a couple of days. We're now seeing consumer expectations at a couple of minutes. And i think that's something that dealerships deal with daily and you know the the now now now economy that exists within cosima world.
"rei group" Discussed on The Property Couch
"Kushtia he is the executive manager of economic research at the groups specializing in primary and secondary daughter analysis property mccormack tree and consultancy cameron has a thorough understanding of the fundamental such as demographics trends economics and spatial analysis and is a regular speak if a property related groups industry button is an cooperation government sectors. Welcome to the property cap cameron. Thanks for having me. Ben our throw to have you on absolutely throw to have your own long time in the in the planning as playing But you you you've put yourself to a position in the marketplace where you'll views Well sort after well and You know you have in the sweet spot of your career. But it wasn't always that why you always at you'll pay. Can you take us back to the beginning. And let us know how you how you going into the property industry streaming out of out of uni what to the pathway look. Pathway was an interesting one Sort of new always interested in property back in high school and probably didn't does Blocked managed to get into property economics at university thinking that i wanted to be a property developer But property by a lot of valuate values Ended up doing work. Experiencing evaluation firm and that sort of thing realize the valuation definitely will for me so i did go on work for a property developer for a wall they would the my successful developer and and i probably left to beat of a bad taste in my mouth realize that was really what i wanted to do. And then from there. I ended up getting a job with a nationwide appear in brisbane as property researcher and author on a gun mathematician or anything like that but also kind of interesting statistics. led me into that role in our economy. Nevertheless they sort of roles since then from there. I went on A consultancy firm it was advising development zone. Product makes some property tops price points of what to build and then after that Worked for ati daughter. Tom then eventually became co logic with spent eleven and a half. he's in property research role. And then i joined. Rei group in october twenty nine pain. I've been here since a always been very interesting in property dada looking at trends. What's happening in the market. I'm still at y. And that's kind of where of of ended up today. You feel like you want to look back to the beginning. Given the understanding you have of an markets and the access to the research to actually instead of advising the developers to actually be the develop. I don't think i'd wanna go back to being in a problem. I'm not. I'm the much the are bit. Risk adverse So probably a little bit too much stress for me being a property developer particularly at the moment given given some saying in the property developing straits. I now i'm quite content. Where at the moment use bar. You backed up on a memory cameron about the The pi day nationwide stuff runoff stumbled. Across i think it was probably an all night on magazine bitam and then always doing some. Just lead you guys. One of the first stop bringing outlays little suburb reports area reports locker was look. It was goal because it was free. I were able to get some understanding of what we're stop. It was wide before where we are today where you jeff special tools and always.
"rei group" Discussed on The Property Couch
"He had a really great chat with narrow. Toconas be the chief economist at the rei group earlier. This week on property The regional locations the election interest rates in whole range of other things. And we obviously wanted to make these available for you to listen here on the couch podcast. So we're going to get to the interview that will head on facebook live earlier. In the week with narrada conan speak hombres holdaway host of the property caption tonight. I'll have with. May i returning guests Narrow on speakers the chief economist. At the ira group for most of us now as real real estate dot com that able is other ones as well but toughest will welcome back to the catch up and for having me ask terrific to have you as always before having chet tonight battelle. We couldn't really start a conversation between all that really sort of tipping a hat to the us and the presidential election. And i'm interested in your folks as an economist on the china pale motmain festival for our economy moving second bowl a flow onto the property market. Yeah okay so my thought on the economy and Us aunts a major trading partner erik economic fourteen dollars more closely aligned to china so china from us sanctions suspect people from a political perspective does have much greater bearing. They are a big A partner in strategic partner. And otherwise. I might not be economic related that it apart missing otherwise size The main needs to -bility you know we. We want to save greatest stability in the. Us cds pretty divided country at the moment The someone that was unexpected. I think a lot of people thought it would be a gap between Trump and biden So i guess i roll could me sorry. The good news is a decision and you know. Hopefully it's there's a lot of the country becomes fiddled. Either coming months from studying property Again huge impact because people in the us starting typically by a lot of australian property. And i've been not likely la- agent bars who have been a determined in terms of particularly of the plan apartment but we can certainly say we've certainly seen a big jump in property from the us coming out of places. Like new york and california. I think you know somewhere. Like new york has been hit by Hit very hard by carbon. So you know that having packed is likely to be a fairly big expect community in new york as well. so that's essentially had an impact It's pretty similar to what we saw. When brexit was announced a big increase from the guy from hong kong when the expedition bill with announced resort beating praise from hong kong. You know we do tend to save these fluctuations a search on real estate dot com. You and they're off political situations. That are a little. be done. settling interesting. I guess the big area that people from the us searching each part by side you know this is something that barn by just popping up everywhere the mine and that northern rivas areas just so popula just say property seekers that people from into state and Local as well so that kind of number one which was quite interesting. Probably a little bit driven by the And he's built exactly exactly. I think the us celebrity you probably going to be doubling the us boom population so it's Quite interesting times. Up in the new south wales at the moment it could arguably the center of the universe for a straight line because he's got so much going forward in terms of its lost all it's really grind. Combet you've got an international app or just dive in the border. And then you're actually still within qa of capital city north and not too fast as well. So it's it's you could see wadi. Appeal is but i'm sure it's an safeway for us to talk about some of the at some of the challenges that have happened through cairo. Think it's a favorite oppressor rampage will making decisions guy It not regional spots of the same ally in terms of being able to sustain overlong appear to tom. Cruise the coast here in victoria but the gulf coast in the sunshine coast of the obvious ones. But i guess wherever there's a winery all bit of a foodie culture of if the saint sank the obvious ones midtown. The thing for me. Going forward is Will will there be enough to sustain places. That don't necessarily take those boxes that outrage would offer capable off style down. Did i will pay back themselves to god whilst i have a job. Will i get insecure. That if i ever lose that job would that be added. Another one. Yeah look at anything interesting. I mean we think they seem credible fits activity in regional australia. Covid nineteen and that sounds like lightning three to pricing. We saw las vegas actually translating through the population movement and supported that. They've never seen so many people moving from capitol cds to regional since they've been tracking dada fit. So i you know. There's no doubt that these big shift that's occurring. I think you know what we saw. Product covid was a definite shift originalist riley. I'm sorry we certainly saw that places like serious too. Long ballarat andy guy Moving down woolen gung a go kart sunshine crisis. We're all doing really really well Primarily my little to do with ford ability and not because necessarily really cheap areas but because people can ask a better lifestyle Than what i can actually get into capital city since carbon is that accelerated. So you know that interesting in our various has accelerated but the level of interest has pushed out areas that sweeping commuting distance to capital city. Sorry orange in central west new south. Wales is a good example. Reveal fire in the northern new south wales region navy north. Basically north car- stretching otherwise who've quainton border has become incredibly popular places like wonderful. you know. Wanna both no way really hard to get tomorrow. Delighted that same really good price card so i think it comes back to you. Know these areas you know they they. It's great that people have discovered them but all side there are little bit risking terms of what will happen. Runs back into the office. A lot of is still working from high difference point whether we will be called back into the office. Because i think that be the lingering thought this guy on just pasta fringe commutable areas had something that i'm particularly keeping on. You know i'm i'm the case study. Oh i have. Skied from the city allotted But it's an. I'm seeing unprecedented demand in mind community. It's phenomenal to be on a spit down. It's just that longevity. And i think there's potential that it can happen domain You doing the Online meeting i mean. It's just so normalize. Now that it's possible i still do have An interest to see how that goes stein and going forward. You said this preference is Is two one is how we work and two is the morning sick to how we work. We touched on that around. The fact that we're we're networked for parliament of We once were. You might comment in in one of your blogs that geelong illawarra sunshine coast. Go commander that roy. These china signs anyway prions but can you talk to us. A little bit about the the resurgence in the morning center and how you see that sort of impacting that.
"rei group" Discussed on Elevate: The Official Podcast of Elite Agent Magazine
"To another episode of the elevate podcasts where we dove into some of the most interesting minds in business in real estate for the very best tips and strategies fee implement Elevate Your Business I'm Smith Mclean editor of late agent and hosted this show. Today we're talking to REI groups chafe consumer product officer Val Bram who is responsible for the group's rent strategy, and we're going to learn a little bit more about ongoing plans for our age support. Australia's growing Rachel marketplace. So welcome to the podcast fell Brown. Thanks them. It's great to have you here, and before we dive into talking about rent strategy and things like that, you'd be with area for quite some time for about eleven years now. So can you give us a bit of a background on some of the things you've been doing it over the years? Yes. Sure. So I have been with for eleven years, and during that time, I've been very fortunate to spend time in different parts. Business and I started living years ago are working very closely with our customers running the residential product team, and now as he said in running the consumer experience team, which is really around bringing together product design and engineering to deliver great experiences for customers and Consumers Vein digital for almost twenty years and have a passion for product management. Yeah amazing. So you'd have some great insights into consumers at the moment because this is a. Bit of a crazy time we're experiencing we've covid nineteen pretty much a a fixed factoring alive now. So can you tell us a little bit about what you're seeing on the consumer side at our EA? Yeah. Absolutely. So saying really strong engagement from consumers particularly rand at digital video content Sir we responded very quickly to the market to support our customers and consumers by launching digital inspections in three day to us and since March. With had almost fourteen million video views and fourteen million three detours that had been viewed, which is phenomenal. So a saying really strong engagement with things interesting trends as well. some increases in searches, full properties in regional areas, which has been very interesting. You on is really interesting actually because she starkly, we've always gravitated towards the cities or the main capitals because that's where all the big commercial buildings are and all the big So. You're actually saying a bit of a trend now towards people wanting to leave where they want to leave rather than with a niche be close to wick. Yeah. Some trains in search behavior that would suggest that and I think you're right Sam. I think his current health crosses changed a lot of things for for a number of us in and even our district..
"rei group" Discussed on The Property Couch
"Bryce hold way with another episode of the probably catch more recently caught up with narrative. Be Who's the chief economist at the Rei Group better known to most as real estate dot com dot a U and we had a really great chet lock we each and every month and we talked things Roy Navarre's how that would have an impact on property how that will have an impact on the tenants. What does it mean about the economy? What does it mean with all these stimulus packages? And how can people navigate through? What is a very very interesting to arm? So it was a great chat very insightful as always with all of narratives wisdom so let's cue up the interview that are recently had with narrative coningsby horror flicks. Sambra's huddle I am co host of the product. Tonight I have with may never be. Who is the chief economist at? Ruth's site they'll come by. Who we have on H. every month but Tim. Today's a little bit unique narrow in enact catch up to that first of all. Welcome back to the cash hangs having me. That's what a different school weeknights. Last time we caught up was Monday the second March Some four weeks ago and you and all we're talking about the fact that At the time the just vacation we have thirst corron of arse relied a disc and you and I had tied around. All you know a cautious. You know turnaround. What does that mean? But then what a difference. Four weeks thanks. Yeah I mean. Look at these changing. Today I think The the daughter and the information and the policy changes Fame to baby seems to be something you bang announced. Everything's I signed. It has been a very very difficult market to to work out. What's happening You know I'd be Steitz. We can clearly say that. There's a lot of distress Brenton's and a lot of ranches the young they're exposed to hospitality tourism entertainment They are also by Typically lower income by said that let's impact on then that that phone to people who I investment properties will be quite significant yesterday we need the announcement around banning of tenants from six month time period Beyond that you know we don't nine hell. Landlords Armas investment of these We will be Will HAVE INTENSIVE TECH SPIKES. Report is highly likely. There'll be some changes to the text bikes. Thera say but you know it'd be starting the government basically said wreck it out for yourself thousands and And Matt what's Your Best. Guess clearly the caveat that it is cristobal colon. You don't know what would be your biscuit on how they might respond around the incentives to the lands. Clearly the renter's will be doing top fraud and we want to be. I am an argument. All the rich grady investors versus the pull vulnerable tenants because at the end of the die for the majority of property investors vulnerable. Australians onside designing a very small percentage of the big fat cat suit having Whereas the majority you know self-funding sparring retirees. You are also on the challenges out what what is. What is your viscous of what that might be full services at of course the habit you KRISTA bowling him climbing we deny that I guess You're right on one hand. There there is sometimes conception that invested very wealthy and you know the realities of many invested one property. They may be paying themselves to top off the movie and enjoy themselves during an interview. Coding situation that can have caught significant flown impacts. I at least I guess what's available to landlords potentially won't be afraid we'll be payment phrase so at least you know that will heartfully tied some people over in terms of what the government will announce the two things that I've heard Some changes to negative gearing so there might be some text sent. You might to negative gearing Sending notes I land tax changes silent. Taxis in such Nishi for many investors of single on residential properties is a big deal for commercial property. Sorry they're treating. I'm hearing at the moment I thought by now. Even what's happening? The rental market is open out a little bit more clarity in what was announced yesterday but at this stage it's record at yourselves Bacanovic Some guy from the immediate just allow depreciation on all sorts of depreciation to be deducted again rather than The Chines might a couple of years ago. I think essentially a everyone. You know the fame of rolling this together on the Lam has to work it out of the tenant decide we'll at the other end of this the the property market and and those landlords they actually need an implied. That's part of the part of the biggest out of their exit route. If I can get that regular income side I think the number one suggestion is to communicate. Tokyo tenants. Don't treat them like less than just because they're having some challenges going to repayment plan like you said they. I guess you might have some further comments. But the Banking Association signed will allow out businesses to have some relief on On the pirates of the lawns as long as they pass that onto the commercial tenants arrangement. So I think it's important that we thought advise at landlord can have a repayment holiday. Therefore I have some relates to give the tenant some form of package that we can enter into so that I can never got through. The interesting thing is if you can't have addictions really does throw landlords protection insurance into a into a a different spice because I rely on you being out guy through the process of giving notice Giving the Ford is whatever state they're in and then at the end of that process that's when insurance keeps we'll nail the government's saying you can't do that so these insurance will be on in in modulus not necessarily covering him. Yeah I think this is right. I mean on one hand you talk. T- bank and Trauma Work Out. What's going on but also they need to look at your insurance and united Some In a very difficult situation I think so. Essentially the government can give some incentives to landlords like in We can all work collaboratively together to realize that we wanted to sell out and give give concessions on by as I think we can all navigate through it as long as as long as we don't have scenario with the poor landlord is asked to provide public housing because essentially you. We talked about it a lot of them. Just do not have the Mogae for that. I am what are some of the trends that you're saying on your sought women? I mentioned before that rental the rental market seems to be the mice challenge. We have seen a big decline in the number of people searching for parental properties out. We've also seen an increase in rental. Be Steaming send Partly.
"rei group" Discussed on The Property Couch
"Folks Bryce he'd just letting check with narrowed economy the chief economist of the area earlier. And I thought I'd share with you as we do each and every month but just say no narrative wasn't in the studio tonight. We actually got her over the incident. Which is terrific. But there's a little bit of Eker in the Fox apologize in advance that hanging there because the content is really really good folks. I hope you enjoyed. Here's much at with Narayan's me the chief. Economist of the Architects Sambre Hall. I I the CO host of the Property. Catch today with me. I'll have narrative counterspy who's chief economist at the real. Rei Group which is better niners brutal site. Dot Com Narrow I'm loud now. I'm used to having you in the studio. Hey but I'm more than happy to take a I've The new because I haven't caught up with usage the twentieth Divan. And there's been a lot happening and of course last month you're in the studio and you spent time with Ben which was a great Walsall alive. Spits them? I guess really chatting you'd think that the discussion Detroit's given the decision tomorrow but I think Think it'd be fair. Decided to run of ours is number one side. We're GONNA cover. That was before we do just to remind folks stick around to the end. Because we're going to show you what's Read? Rusada HAS TO DO WITH PROPERTY. So we're going to cover that towards the end we're also guide through the most viewed the mice looked at listings for auction. Full private style as well as the most expensive real Santa Shrine in the last seven days and the march look that rental so we got a lot to cover Neruda. Tom Saupiquet to hear your views on corruption of ours. Clearly we have this talk of being a pandemic Just recently lost twenty. Three is that sufficient tried in his Passed away accessible to humanitarian issue And clearly selling families being affected by that as long as as well as many others across the country but clearly for the purpose of discussion. Tonight's the impact it has on the economy What's the latest from from your perspective at that thirty thousand foot view of the economy the economy with that verse but the be made impacts that we can say on economic growth unless forecast which will depend a lot on how bad it gets? This isn't begun on at the moment that we you know one hand. We is very clearly hitting the tourism industry in the end our education sector as to where it goes from now it depends quickly that can Bank can sorted out. Because I mean he said it said it said healthy she sorry west coast. It does spreading to Australia. V Some pretty awful health health outcomes but from an economic perspective. It's obviously caught far-reaching tomato. Maybe I'll start. We want the immediate impacts already had Spain because if you're in the tourism sector if not only been hit by bushfires by evil Cy Bain impacted now bike arenavirus and the area that is really impacting ease tourism from China. I love the airlines. Have shut down flights We have saying Big Heat now hotel industry anyone who's operating US rating about places like silvern. He'll have really been heat from from this downturn and one of the main reasons that we do rely very very heavily on Chinese For a lot of things and tourism as one so one point during Chinese tourists come to Australia of Riga. They account fifteen percent of total tourists. Spent they stand around a billion dollars a month so already in the economy lost. Two Billion Dollars They they also died that also growing. So this is the other issues. Didn't that was lost about NBC. I think we'd be. Tourism Industry was expecting Increase in the number of tourists from China on the other issues around tourism. Cy Tourists Education Education is Victoria is number one export the number to export coming out of the South Wales To give you an example how dependent some universities are on a Chinese students. The University of Sydney currently twenty five percent of title students are actually foreign full paying students from China site Huge impact there They they can't get out. You know having to to do classes via an Internet site you know. There's some really begin. I love the university really. Just shut down Spending because I just saw insurance to happen Depends ON ECONOMIC GROWTH. Must what happens with economic grind? So that the best estimates it'd be stage Bis Kites it. It's like a bad. What what economists have been referring to. It's very bad flu epidemic. Which would not want to send off global economic growth West case it it. It forces the global economy into recession. So that's all that stock market volatility we saw last week was really on the back but people in very very worried about what the impact will be on on economic growth. How do you reconcile that as an economist in terms of Economics? One about the multiplier effect. It's you have these students heating town you know. Even even really popular Chinese restaurants in Melbourne has shutdown analyst. Off guys you know. Tourism Education even supply chains if shutting down factories in China. One FACTORY LAWS. The other factor. That has that full on multiple expected. It's hard for the todd for the guy is trying to really get a grasp of how it's going to land in terms of you know August I guess. What would you say say to the to? Even if you floyd that through and score have an impact. Surely It's certainly going to you know we've got a robust economy and we're probably compared to other developed economies around the country probably doing county but that Hash this has two main the Dow de growth is impacted and therefore we started talking about the hour. Yeah look at slightly and I I think I think the issue is how creek label it get sorted out and you know if you have a look at it's There's a count up. Unique can have local counter online and and say the impact of SAMMI cases beginning in that it does seem to be flattening out. But you know I suppose you know. I'M NOT OBVIOUSLY TO HELP. Professional Bud vase. Things can flatten out and get worse again side daily it will have an impact on economic growth. The ends of really not much interest rates can do. I mean you can't cut rights to zero and some Chinese tourists to start coming back not that immediate impact side It will cut into growth at this stage. We dining exactly I have. I guess by Dealy. It's resolved quickly and it's a quarter a quarter of economic that we say pull coal prices growing back into a much better performing economy illiteracy bowling. Did you think that because there's been the panic fears is being quite strong and Ross? Is You have something. That's unknown even to the point way the number exactly but I think Khurana has dropped two hundred sixty million in revenue just as a result of people sort of linking corona this far. Do you say that that that increased anxiety and fear that my sort of perpetuate around late increased. You think that if we grant it back in Australia and real estate do you think that some people sort of get caught up in that fear and football better ability in that increases demand listens property. It's harming obviously directly commercial property. We can say Betsy sent ray title race. Our property really bad knees. It's real which is already bad as hotels. You're running a hotel at the moment it'd be pretty nervous intensive residential property it's It's a little bit uncertain. The United States on one hand It we got into recession and we lose jobs see rising unemployment than that is very bad needs for property because we know that people a false to sell and become highly distressed and problematic It things are listings. Could go up. You know if you start to say again you. Head into a recession in people were forced to sell them that can lay to to increasingly statements terrible for prescribe the united. You don't pay pools. Panic selling a force to sell because that will lead to quite big drops in processing I think that it is complicated. Like it's you know you kind of have right now. We know baggies rate. How bad news for hotels bad needs to anyone? Who's trying to rent property place to a university Globe global recession scenario is is is that he's around one hand bad easy. Catch it but also say hi. Play we dino. Cats have been bad news if we will start losing adults and I think that that's how extremities at the moment that it could be resolved in the next two weeks or it could. It could become a much bigger healthy. Shame you don't get one of the appeals appropriate Rosina. This is an essential age known as if you had to sell the house and pitch a tent. It's just not going to happen whereas so there is an increase as you. Fly that throated motivation. Someone's investment property or whatever it is so is. Is there a precedent for crying avars? is Swan. Giving us any clues or is just so you know. It's a genuine expected that we thought what's next South declare that happening two thousand full and limited foulis reliance on China. Then say we didn't get anywhere near the number of tourists. We get from China now getting married to sick from secondly reliance on China but um what happened the salads. It was resolved. It led to one quarter of Very slow economic growth in China. The next quarter the Chinese Government Pumped Hall of money into the economy of massive infrastructure rebuilding project and our role year NIA economic growth lose As expected and the sods epidemic really had minimal impact on economic growth. I've role but it could be if that happened. Which is kind of layer? I thought it was hitting even two weeks ago. It was Kinda hitting to that but but I think the trump it just just dragging on and it's spreading and that's why it looks like an probably than sobs but ideally. It does get resolved in the next month will sorry then. Something happened that people start to moving. Different governments moved to Having stimulus packages big infrastructure targets in some late. Not Suddenly. But you know eventually things kind of calm down and everything's full stayahead again on to stay calm and and see what happens next leads me into interest rates up before I ask you what you think would be there tomorrow if you offer the size of the table tomorrow and you got your wish list to let them know what what would you be advising in. If if you get your chance to give back tomorrow. I preferred they talking at the table about the budget. Then there is a bank. I think there is a bank will donate two for probably tomorrow if not tomorrow. Bay United Pros Site. It's hates down to happen at some stage. I guess he should. We don't have much room to move with monetary policy We'll effective That has trained just right cuts already. It's led to a messy prospering. Sienese praemium suburbs will say Melbourne's praemium suburbs We're not really spending more retile still very desirable We're not building more yet. Don't improve started increasing Selling Mall side dice three inches Right cuts yet in the end. All I did was fuel Teaming most expensive suburbs and it was really normal of impact. Then it's probably not not not not advisable but the impact of an interest rate cut. Don Seem to be quite At this stage federal budget. I think that could really change things and I think that that. Could you know if the government does start to push forward some pretty big infrastructure projects will push voting Sorry followed Tex con like. I think that might be more effective than just kind of interest rates again. So you mentioned you prefer to be the budget. Tiso rather than tomorrow. So what would you be saying? What what what would enthused about being part of that discussion the budget? Yeah Yeah Okay. I think the infrastructure projects that the kind of lost budget. I feel really good the one fast route to Japan. I mean that was not only a building her agent program but would really stimulate Jones economy. really good news for people join just like who would have Statewide impacts I think Fast foetal other faster I think is bright from property.
"rei group" Discussed on Elevate: The Official Podcast of Elite Agent Magazine
"Which adventure series but at the moment? It's clean it digital buckets and navigate and we want to provide tangible. Dyke lies to plotted a dialogue rations. You can look at some of the speakers got projects and your Ouija we've got. Rei Groups Chicanos. Narrative cosby. Did this communications expert. Chris elda is a whole bunch of really. Think out. We'll deliver real value. So it's like everything from real market insights to being better at nurturing leads and lading team things like that so you can actually choose doing at the moment. We do a lot of research on what to buy glade. Googlers bonds welcome seem to want and so we want to track. That is multi really nulla question if you could get inside the minds of Janus just just came to mind. I remember this all. Maybe with Mel Gibson where he could repair bills minds and I think that would be an excellent skill but the next best thing is daughter. Guess run into these types of kids around concede Ma trains while my second team and take what they want from any other service brought up to unite and they trained animal. And if we don't adapt and that that that can choose to go elsewhere so they really valuing so what are some of the trends that area is watching right now? I may not know from last year in the before every everyone was talking about these instantaneous customized service that can shame is looking for in their agent and Inaba things. Are there any big consumer trends? Your quite focused on here the depth of Andy more intervention and data. They're looking to do a lot of breeze religion selves since I WON'T BE ACCESS. Dada them along a journey giggling property they want goods lines experiences. Women talk as low as Asian quite a while. And there's still a long way to go on that on aim side fishline dyson and then responsiveness. Uk nominees favors on spot the wires bombing victims of their groups as the lucky mount their that. I WANNA talk on. Is You want to be example and so understanding open Shimon Peres giving them choice to have they contact you. Leave the consumer. Can we would seem that in Asia for example a mile inviting you know the white and she was locked up right so we've been called branded what that seems ensue at platform to leave it at seven. Forty grace humor responsiveness when it comes to legs. Actually I noticed that I was in in Asia for a little while over the break in in Singapore actually and I noticed that you could giggle any business in Singapore basically and that would have they. What's up on their website and that was a good way though it constantly on on what steps if you wanted to contact any business. Basically you could whatsapp them immediately. And it was the same as finding them really. Regrettably if you can see venture shaming about a property by model or anyone. Get us all butter. John's jet you know there are homes that have just become known of communication and contact. And if you're not responding to that and each out yeah absolutely anything new that you can tell me about is in the pipeline for Aria. Is she like what's one important thing that you're working on right now? You've got I think they she said but if you did stick achieve that action of experiences with consignments kind of staying in age and directing them through in a way that makes me feel visible his lines Dada Dada. Andy joins US JUST DAUGHTER ITSELF. But these together we did and again can. Stevenson looking for more and more. That is if Julian assange. Tim Horton on a lot. Being accompanied transaction. They provide that you talk to us and then we still think there's a lot more to do on the rentals ought of business talked about again ninety by the company vantage out so geomancy To be selected by the jet engines. It seems like the Cheetah and the like just trying type of friction EPA that transaction in a mockup arch. Yeah absolutely I attended in the world. That doesn't want the whole thing to be as you may included but there are more applications than their properties. And so yeah the experience of that. Id five percent. Opinions will get some form of rejection during the reign a journey and how we turn that come a really hopefully experience on the hill. An ugly help on the one day instead of just ninety one successful. Maybe it's an unsuccessful. But he's something else you might like. That sounds to me like Netflix. Well you know that that much tenants on that they went successful and actually the property. Come off the side really. Oh my God yeah. It's not only the experience we D- we can help you. Create that experience. Yeah absolutely okay. Let's look forward a bit are now. We weren't very good at predicting things last year. But In Your View. What do you think the industry needs to do better or differently in two thousand twenty or even in the next three to five years necking take coming back in the kitchen thing so we all need to continue to anticipate changing behaviors and Chinese and being really responsive to that still marvel at how in some parts of Valley Street? I'm responsive achievements where he's done get replied too late. I get all Idaho I think they will try to. Grumman in providing in a great service and a great experience to consume that at any touch points across the journey and also applies on the kind of law and MOCHA's Zion Wanting you saving in weight speak to Avenue onscreen tiniest get taught him talkative either. In minutes the speed where to get further and further ahead as an another becomes an own so we saw a jacked up. All they will be yeah. There's a lot to learn from Asia actually in terms of the types of services that they offer to you know you can have a new pool or new black or an uber regular and you know h customer would choose something different on any given day by stone with I need to be in how they failing and I think that's probably pretty telling of can. She misses well Jordan. Retiring all any type of service like that creates a different standard of service. It becomes on it. Becoming the dictation of get the complicated. We love the product here. What did he came from Bank of Bedtime Line within three always talk frustration that can change the starting game striving Iraq? It sounds like the banks again eight to Cape Up as well in twenty twenty. They think they know that will earn. Look a really like to thank you for spending some time with me. Today are now. You're pretty busy and thank you. Also for talking to us a bit about twenty which were very excited about the last question I always ask. Everybody always is if there was any one thing that you like everyone to remember from this chat. What would it be to watch it goes? Yep just I've never lived on a delighted over paid could Chiba and a lot of came to be an excellent business so I want a Lotta can get from it. The Wilson. Thank you so much to connect with all things elite agents including the latest news coaching and features subscribe at Al Websites Elite Agent Dot Com..
"rei group" Discussed on Elevate: The Official Podcast of Elite Agent Magazine
"So welcome to the PODCAST. Our and Wilson. I kid happy New Year. I think we chatted about this time last year. Actually when you first took over the reins as CEO of Rei Group first of all. Could you perhaps reflect back on your first year? What have been the biggest highlights and the biggest challenges on everything and any time? Last year I think we could have predicted. What a challenging market. He was going to be the. There are a lot of reasons why that was. The election of Chinese government on Said Day ran banking and access to finance so challenging. Yeah not any wrath for our customers in in the of properties that will put up evaluating these sunset market. But I'm not in a fantastic year. Glue one of the Canine. They was any time with customers and I got to. My babies are all. I thoroughly enjoyed that up at the legion. They can change. And what's happening in Businesses Avenue? Type guys letting advantages an ugly out. There is certainly nothing like being turned in the day banned for as far as last year. And I think you're absolutely right when we did shut. Nobody could have predicted what would have happened. And I mean really. It was a year of two halves last year. I think sort of like a you know like a football match. The first half was nobody could have predicted that and then all of a sudden after the election and post apper controls being relaxed a little bit things went up again so in twenty twenty new decade. Ye New you. Everything chance to wipe the slate clean almost and start again. What is the outlook? D think like for Rei. She got a good in the last year if you look at some of the underlying indicators in the market for processed signs Rikova in Nova and she'd be where they were down for about eight months. Aukin clearance writes back wincing buyer activity on. Ask up about the same across. Al Have Various Platform so an all time. High Tie game just glued anytime here custom Salazar Guy and he come back and now they're back falling is right that we came back. We haven't seen the Miller. Tv Yet. I think he sees starkly starts happening when school goes back. Which I think there's probably a lot of parents breathing. Sigh of relief right about now. A big arrive at the checkout and like really ramp up these waiting watching this next. Two weeks all is riding. Yeah absolutely I mean. Look at Spain a tough Christmas as well because obviously we had those devastating bushfires around Australia in I mean you know we're still not out of the out of the woods. There are no area. I've been doing a lot to support the bushfire victims. Can you just talk through a bit? What's available to particularly to agents and they customers who have been affected by day's events. Everyone all of stop having absolutely shocked by what we've seen on TV screens or Bush and and not just an age range. I mean we keep us stop. I'm a couple of days by gear. Melvin so you know. The unbelievable impact is really evident for all of this and we've created a police fire relates package infected customers to access when the time is ripe for them. Evolve the eruptive it. Houston's measures new giving Marie upgrades on these teams and now additional costs rate funding. I'd appetizing any properties that we get areas may give me taking on my winding out. Phase for active customers in these areas emerge aiming plans and the other one would really paddle is. We've opened up outflanks sides for free to anyone who has a room available for Bush becomes. We've had a very blading on to that. I think we've had Hundreds of brings offered by the general public on page DOT COM and they will take five victims of been displaced from their properties are. We'll let the guy. White Volta had financial donations bushfire relief. And we've had an incredible response from us. We have match giving and will match often actually as well generate a lot of support for the charity to help him. By the gyms amazing the floodlights one is a really good one too so I have a bunch of people jump on. That one wants to thank again really better than getting the message out there to people who wanted to either room so someone who needs it. Let him neither disabilities available daily freight us. We'll connect the native of rain with them. For a the Veta- we can spread that message mornings. We can mike available. I'll see what I can do about that one. Speaking of the there was another message over Christmas which was a big one from area. And that is that you announce the appointment of cool seeing who everyone knew from wrench to the role of hit a sales. That's really exciting for cool area. I'm sure what The primary objectives going to pay for cool moving forward and how will that benefit Rei customers? We had a strength of talent. We could select crawl gently and it's cool on the beach. You need my to his advantage through. He's lady you know Iran business so and you have cool. He's well known to a lot of customers and never did angel side but he's also now is also initial develop a and M. media customers say priority is to get around the other pieces and to Jamaica with as many customers the as he and what they need and help us develop out strategy around guarding value. Customers that'll be a good challenge. Came to stop twenty twenty eighth so the topic added complication as he became father gang last week. He ain't got a new job and a new baby. The big push just going along here to a lightning pace at the moment bit Twenty so that's had a lot of interest in it particularly from from outside so area don customer events before around Australia and and we've seen the my main series roll around the country for the last couple of years. That pro twenty looks like it's something on a much bigger scale. So what's The thinking behind Pro Twenty? And what's the Cave Jacky for you for this? This series of events we need. I oughta looking at how we can get back to the street. And so this is an you. Series could helping support cry and prosperity across the property industry. It's free event. We'll customers vary. I grew and it's really designed to help them about half. They can succeed because as before success. He's entirely dependent on the success of customers dimensional theory. It convinces in Mont. It's GonNa be found the Rei customers together a Melbourne Sydney Brisbane. And they've told us. They came more about industry trends. That can shimmering xajdour in general have Josh exists. Really thought about your eighty for some people that may have attained my mentioned in the past couple of years one of the big differences that they can expect from this series of events twenty major away from that traditional game format. It's designed to cut his more chilling because nine to one so I was just up at all I'm confident orange vested tiles etc. Which is why. We've created an agenda that lasts to choose sessions. It's going to be relevant business names. The dishes will be laid by industry experts to leave an reeling sides. And hopefully actionable tiger is is a very deep hole that that alcohol will only joy from what I understand. Everyone starts in the same rain. But then you can kind of pick and choose which streams you want to attend whether your in property management or sales or whether you're a developer oil media like you're actually catering to old groups bet correct and a number of Al Ladyship some about very specific property toppings and he can essentially cheese adventure at this event which we legal their usual. Yeah absolutely. Can you give me a little snaky couple of things that people might take away from the series.
"rei group" Discussed on The Money Advantage Podcast
"Welcome to the money advantage podcasts. Empower and business owners with the permission to think differently about money. So that you can consciously choose to live a meaningful and fulfilled life Dow. Our Passion is making money. Simple Fun and doable open. You feel great about your money and getting your money working for you. So you can thrive hi and welcome back to the money advantage. PODCAST in today's show. We're interviewing on a Kelly. Now she's not only a real estate investor but she's created did time and money freedom for herself and her family she's also the founder of Rei mom helping women to create a legacy through real estate investing. Now here's here's the money advantage. Where community of wealth creators are entrepreneurially-minded business owners taking control of our lives and financial destiny? Now we all know that it's not enough just to make a great income because I you have to figure out how to keep and protect more of that income and then finally increase it and made more through the right investing decisions that that create cash flow. Now that's why we've put together a three step model to help business owners create time and money freedom now. Today's conversation fits into the cashflow system as part of figuring out how you make those investing decisions that truly align with creating time and money freedom. So here's a little bit more about Ana Kelly on a personally owns owns and manages a multimillion dollar rental property portfolio and has ownership in over two thousand units as both an active and a passive investor. She's a general partner sponsor. An asset manager for large multi-million dollar multifamily real estate acquisitions and through Zenith Capital Group actively seeks out the best opportunities for her partners and investors on currently has fifty two million in assets under management. She's also a frequent guest on real estate investing podcast speaker at Rei groups around the country and as an Amazon Number One bestselling author and runs a local meet up group for women in real estate. So let's dive into this conversation. All right so we are our live and I'm going to go ahead and kick off today's on today's show we're interviewing Ana Kelly real estate investor. WHO's created time and money freedom founder of Rei mom helping women create create a legacy through real estate investing so auto? Welcome to the show this morning..
"rei group" Discussed on Real Estate Disruptors
"I mean that's really I mean it comes down to personality after that all right. Yes so we need Folks folks that have that internal drive And have had sales experience before in the past is not entry level job. No it's it's a tough job and free as don't know SAS is basically software as a as a subscription and you're looking at these kind of people that sell like Comparable in our business probably managers life insurance or property property insurance people that are happy selling things that cost thirty to forty bucks a month. Yeah I mean the best way to answer this question. I'll tell you the background some of our top performer. So you're like Aaron. He came from timeshare sales before that. You're brutal job right tyler. He came from a car sales Then Chris using in high ticket sales He was actually working for a high ticket. Sales Company selling courses and things like that so like Super Commission heavy job. uh-huh that it's like eat what you kill you know you have to be seasoned to be working in that environment. That's why see Sass doesn't work because a lot of times. These people from Oracle are coming from like High Bass Ace job super cushy with all kinds of benefits and this is more like a startup environment. Oh yeah this is why would you kill him. You can't describe it any better. Yeah all right so We we kinda hinted on it but you know how much volume are you doing right now right now. I mean thirty thirty five a month. Because we're at right now look actual actual deals and I know you're you know you're all these different places but like what are what are. Where are you doing really well right now? in terms of geography or in terms of Agassi. Yeah well we do really well in the southeast. So you know the Louisiana the Anna the Alabama's Florida's Texas New Mexico Oklahoma. All of that South East is all really hot right now but we do a lot of in the northeast too. I don't like the northeast very much like New York Illinois. We still do a lot of transactions up there but they're attorney states. Yeah and they're paying the by. You got transfer transfer taxes attorneys so we that's still a lot of our brand butters up there in the northeast but my favorite and what I like. The best is down in the down in the southeast Further a lot nicer down there to the I heard someone saying I wasn't a mastermind like you know we're we're Phoenix. And we're exclusively in Phoenix and these people are tired tired of us. Mary hired of us. And it's funny the mother calling someone Alabama's I know that's not this person but I hope you find them much different seller down there in New York. No No York and they're probably threatening you over the phone absolutely all right. So we're talking about your gift for acquisitions One full disposition transaction corner virtual assistance. You have virtual systems we do so we have a virtual assistants on DESPU DESPU and they help out with pulling lists on him buyers on facebook you doing s different. SMS blasts Basically googly any kind of data mining. Which is super important for buyers? Either doing all that so we have a full-time DESPU. Va and then on Marketing we have all of our Sherpa. Va So there you know. On all day just tighten back and forth with people texting them until they are qualified lead and then in passing over to us so we'll find finding buyers on facebook. What's that about so you've got all the major facebook groups that's where everybody's hanging out right so it's it's like how can we go in and find out who the players are and get them to buy our deals and so if we could be in national we've gotta deal and let's say Baton Rouge Louisiana Louisiana I'm going to get to the local baton rouge? Rei Group and go to the search bar on the left so on all the facebook groups. There's a search bar and just type in you know Baton Rouge or whatever that city is in find everybody. That's personally deal in there and do you think there's people comment on those deals are buyers uh-huh yeah you're gonNA look at in town on those messages. We this is what the Vitas they're gonNA look at intent on what those measures like hey. PM me the details. where like they leave their email address because they're interested in person that deal so what's our? Va Do he's going to go ahead and copy their profile. Send a friend request tomb and then I go back through and sent him a message. Hey yeah this is neck. I just gotTa deal in Baton Rouge. I'm in Austin. Are you still buying their question mark. And they'll do that two hundred people overnight while we're sleeping and then we come you know coming in the morning and we got it in box full of neo byerly dhs that awesome ter- so then you got so you got this list of buyers. What Sierra me using to manage all of them so we use polio exclusively so in terms of the buyers less? It's like 'cause we have ever two point nine million buyers in our database so there's no real viable storage solution for that. If anybody knows reach out to me I've talked to some pretty smart mines on trying to get a database to house it and be able to sort it and you have filtered effectively beret now. We're using good old-fashioned Google sheets okay for for buyers and it's effective. I mean then take us that much longer. You know we can pull are less pretty quickly so it's not killing us but I know there's a better tool out there just I haven't found the right And then once you've got like let's say we'll go back to baton rouge example right. You've got this probably locked up. How are you blasting? How are you communicating with this large number number of buyers Sms Okay so SMS is going to be the most effective your email we all know about you email deliverability email. How how that goes? I know a lot of you'll do email. We still do email. But if you want the eighty twenty it's sms so sms out and then If they're interested they're gonNA call us back back in. No we take. That conversation. Didn't go from there. Gotcha and then. You're you're not the only person that's nationwide. There's lots of guys they're partner going virtually nationwide right. So what would you say. Set you apart From from your fellow nationwide virtual wholesalers. I mean I don't I I don't really know any other.
"rei group" Discussed on WAFS Biz 1190
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