Are tenants ready for an AI landlord?, The next million-dollar suburbs, REIV action on minimum rental standards, +news and more

Good Morning from Elite Agent

One property, 25 registered bidders, 87 bids and $430,000 above reserve are the key numbers the dilapidated house at 21 The Parade, Enfield, recorded when it sold at auction for $2.41M last weekend. Of course, this is the same rundown home we brought you last week, after discovering listing agent, Matthew Blackmore, had combined with buyer’s agent, Jason Ballo, for a viral marketing campaign that attracted more than 1M views on social media. Looks like the campaign worked! And you can find all of the deets on the campaign and eye-popping pics of the home here.

Today we are covering:

• REIV action on minimum rental standards

• Katrina Tarrant’s unique take on overcoming regrets

• THDR revolutionising how agents suit up

• Where are the next million-dollar suburbs?

• And much more!

Let's get to work 🚀

Instant Inspo 💡

REVIVING PASSION

Leaders should actively listen to their team and foster a supportive environment to reignite their passion for their role. This investment in employee well-being can significantly boost overall productivity and job satisfaction.

Go Deeper with Hayley Mitchell here.

On our radar

Balance renter and landlord needs

The REIV has called on the State Government to phase in new minimum rental standards and offer landlords incentives to avoid destabilising an already strained rental market. The move comes after the government proposed new rental standards, including requirements for ceiling insulation, draught proofing, hot water and cooling efficiency, from October this year. REIV President, Jacob Caine, says the institute has made a submission on the issue, with five key recommendations, including providing financial assistance for landlords to make the changes. More here.

Together with Luxe

Elevate your premium listings with Luxe

If you want to make your high-end properties stand out on realestate.com.au, now you can with Luxe. Luxe is a new premium listing product available to all realestate.com.au Premier+ customers and offers exclusive features designed to catch the attention of potential buyers. The pay-per-listing upgrade can be added to a Premier+ listing through Ignite and includes increased homepage visibility across realestate.com.au platforms, a larger listing size with additional images in search results, prominent app push notifications and enhanced e-Brochures. More here.

Today’s Feature

Overcoming regrets: Katrina Tarrant’s unique take on Frank Sinatra’s My Way

In real estate, it can be easy to view regrets as obstacles holding you back. But what if they’re actually opportunities in disguise. In this entertaining and highly creative feature, Harcourts NSW CEO Katrina Tarrant, rewrites the words to Frank Sinatra’s My Way, and in doing so, analyses how you can turn missteps into future strategies and fuel your journey forward. More here.

Branch out and take a guess: which backyard orchard is the real deal and which one is just an app-le of AI's eye?

Brekky Browse

Meanwhile, in New Zealand 🇳🇿

Fruit salsa, yummy, yummy!

The Christchurch earthquake of 2011 may have brought the city to its knees, but 13 years later, the ‘red zone’ in the city has a whole new lease on life. While it may no longer be a liveable area, more than 2000 fruit and nut trees, which were once in people’s backyards, are laden with produce. They’re also free for the public to forage from. And that’s exactly what Japanese-born Kiwi-raised chef Sachie Nomura did recently while recording an episode of her foodie road trip series for Stuff Travel. And, in case you were wondering, she made polenta-crumbed fish with foraged fruit salsa. Yum!

Anything else?

Watching an autograph book tower in value

We know Gavin Rubinstein’s met Delta Goodrem and Chasse Ede has listed Daniel John’s investment property, so it’s not too out of the ordinary for getting a star’s signature to turn into a windfall. But that wasn’t even thought of when elderly Essex woman Sara Bland, 70, secured Jimi Hendrix autograph when she was just 14. But, 56 years after she bumped into the legendary guitarist at the local town centre, she’s sold her autograph book and made a cool £2,000 ($AUD3801). More here.

Dates for your diary

Find Elite Agent Editor Samantha McLean speaking about real estate and AI at these upcoming events:

July 12 AI Powered Agents Subscriber Masterclass (Virtual)
July 19 Leah Calnan National PM Day, Melbourne, Vic
July 30-Aug 1 Proptech Summit + Workshop, Sydney
August 11-14 Elite Retreat, Hayman Island, Qld
August 25 PPM Conference, Gold Coast, Qld