The AI revolution, The FHB deposit catch, How to persuade any type of client, First National’s spirit of collaboration, +news and more

“They said it”

Good Morning from Elite Agent

The Property Council and Yardi have dropped their latest Digital Transformation Report and it shows that while 35 per cent of property professionals believe AI will have a “revolutionary impact” on the sector, 31 per cent haven’t taken any steps to adopt the technology yet, and 28 per cent are uncertain about their next course of action. There’s more on that here.

But if you’re like 30 per cent of the survey respondents who have started researching AI, but need a bit of help to truly leverage its power, then Elite Agent Managing Editor, Samantha McLean, has you covered with her AI Powered Agents blog. This is where Sam regularly shares super clever and really useful AI prompts, tips, hacks and more, to help you leverage AI to do more, in less time, in your business. You can sign up here to get all of her AI knowledge straight to your inbox.

Today, we’re covering:

• Can FHBs really save a deposit faster?

• Persuasion strategies for every type of client

• First National’s spirit of collaboration

• Where Sydney prices will rise the most

• And much more!

Let's get to work 🚀

On our radar

Closer to home

First-time buyers can save a 20 per cent deposit for a house two months faster now than they could a year ago, if certain drivers are present. According to Domain’s First-Home Buyer Report, it now takes a couple aged between 25 and 34, four years and nine months to save a 20 per cent deposit for an entry-price house. But, according to Chief of Research and Economics Dr Nicola Powell, there’s a hitch. “This decrease primarily applies to Australians who can save a consistent amount ongoingly and have experienced wage growth, as these factors are key drivers.” More here.

Together with Elite Retreat and Kolmeo

What's the difference between an average year and a really great year, or even a pivotal year in your business? Usually, it's not a dozen or more things - often, it is just one or two genius moves. And that is our theme for Elite Retreat this year, which will be held at the stunning Intercontinental Hayman Island resort.

Our speakers and invited guests will reveal their genius moves, from leadership to marketing, financial moves and also the moves they wish they had made but missed! Early Bird is only up until we announce our speaker lineup on 1 March - make your genius move by putting 11-14 August in your diary and securing your registration here.

Today’s Feature

Mastering real estate persuasion: strategies for every client type

In the competitive real estate landscape, understanding your client's unique personality type isn't just an advantage—it's a necessity. In today’s feature, persuasion expert Michelle Bowden outlines the four personality types and the strategies you can use to win them over and amplify your success. More here.

Brekky Browse

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

Building success together*
First National’s spirit of collaboration

Sydney’s housing horizon
Where prices are tipped to increase most

Share accommodation demand surges
Supply has risen significantly, but it’s still not enough

Do you have a need for SPEED?
The acronym that can help you win more business

Will your heart go ‘Padam Padam’ for this listing?
Michael Hutchence and Kylie Minogue’s former Sydney abode is for sale

Put The Brief in your ears
with thanks to Rex Software

Anything else?

Love soars to new heights

We’ve mentioned before about how the commercial real estate market in low-earth orbit is taking off with things like space hotels. But now there’s another place in outer space - a restaurant fit for lavish marriage proposals. Paris-based agency ApoteoSurprise will offer lovebirds the chance to propose with breathtaking views of Earth, from an altitude of 35km, from next year. StellarEmbrace, and AI-powered robot, will serve diners a gourmet meal prepared by a French chef with two Michelin stars. But space isn’t the only place you can purchase real estate that’s not on earth. You’ve also got residential skyscrapers in the Metaverse.