How to maintain your fee, The ‘cheap as chips’ home grabbing everyone’s attention, The PM helping refugees get a fresh start, +news and more

Good Morning from Elite Agent

When you’ve ticked off the last auction or closed the door on the final open tomorrow, settle down with a cuppa (or something a little stronger, if you prefer) and catch the latest episode of the Elevate podcast, because you will be graced with a very special guest - Ray White Chairman, Brian White. The last time Elevate host, Samantha McLean, caught up with Brian was about six years ago and it was one of our most listened to episodes of 2018. This time around, it promises to be no different, as the industry icon shares profound insights on leadership, creating competition and building tomorrow’s real estate agents today.

Subscribe to receive the Elevate podcast direct to your inbox every Saturday, here.

Today, we’re also covering

• The PM helping refugees get a fresh start

• How to maintain your commission level

• Is this rundown home the cheapest in NSW?

• The region with 80.5 per cent price growth

• And much more!

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MARKETING BUDGET

Understand your minimum viable marketing budget based on your target GCI. Combine human resources, technology, coaching, and analytics to get the best bang for your buck, focusing on social media and educational content.

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On our radar

Making a difference

Property manager Sharon Burke doesn’t just help tenants find homes, she helps refugees start new lives in Australia. This year alone the PM has helped seven refugee families find rental properties in Perth under a program with the Red Cross that gives those escaping war torn countries and other difficulties a fresh start in a new country. “With a portfolio under our care, we recognised the untapped potential to make a difference and were motivated by a desire to create a positive social impact,” Sharon says. More here.

If you have a ‘feel good Friday’ story about a real estate professional doing great things in their community, let us know about it at [email protected].

Today’s Feature

Andy Reid: 5 things to avoid to maintain your commission level

In the competitive real estate world, it can take a lot of work to maintain your commission level, especially if the competition is offering lower fees. But, according to top coach and auctioneer, Andy Reid, the secret isn’t to join the commission-cutting party, but demonstrate why you offer better value. In today’s feature, Andy shares five things to avoid doing in order to maintain your worth in the eyes of potential clients. More here.

Today’s Quiz

One of these images is a real rug, the other is an AI fabrication. We guarantee warm and fuzzies if you guess correctly.

Brekky Browse

People are talking about these. Read up; join in!

Regional Queensland leads national price growth
One area has recorded 80.5 per cent capital gain in four years

Million-dollar homes hit record high
More than 500 US cities now exceed the $1M mark

‘Cheap as chips’
Is this NSW’s most affordable home?

How to navigate tenancy terminations
Manage the process with empathy as well as care

Hollywood history meets luxury living 
Danny DeVito's former estate lists for US$19.8M

Put The Brief in your ears
with thanks to AI Powered Agents

Anything else?

Money, money, money….

It’s official, singing sensation Taylor Swift is a billionaire, after making Forbes World’s Billionaires List for the first time with her $US1.1B fortune. The tussle at the top has all of the usual faces, including Bernard Arnault (US$233B), Elon Musk (US$195B), Jeff Bezos (US$194B) and Mark Zuckerberg on US$177B. One other new addition to the list is Open AI’s Sam Altman, with his $1B fortune. Of course, Open AI is the crew behind ChatGPT and Forbes notes “rabid demand” for AI has also boosted tech stocks and pushed the combined wealth of the worlds tech billionaires up $750B to $2.6T. And if you’d like to find out more about how AI can boost your business, pop yourself on the waitlist for the next AI Powered Agents - Live! digital course (it’s coming really soon!) here.