Real Estate Today - New Zealand

26/06/2025

How a Hamilton Teen Gave Up the Social Life – and the Fancy Car – to Buy His First Home at 20

While most 18-year-olds are still deciding what to do with their lives, Zack Kendrick was unknowingly preparing to become a homeowner by 20.

22/06/2025

CAN’T WAIT FOR THE EMAIL?

MOST OF THESE STORIES ARE NOW ALREADY LIVE ACROSS BOTH PUBLICATIONS!

Another huge week about to drop for RET across both Australia and New Zealand.

Be sure to follow the #1 industry publication in Australia, Estate Today-Australia and the #1 industry publication in New Zealand, Real Estate Today - New Zealand for the latest news.
Also be sure to follow us on socials where news drops first.
Coming up this week (so far)

Bespoke Media Group launches a Property Management Club in their Bespoke Portal

Agency HQ adds another office as they continue to grow nationally.

One Agency gears up to launch office number 10 for the year.

Harcourts announce Kobe Rae as new Auction Growth Manager, a Camp Quality Day out at Puffing Billy Railway and an update on their reach program.

Junction Estate Agents makes real estate that little bit sweeter with his latest marketing strategy.

Ellen Bathgate talks about why your rent roll growth depends on more than just good service

And how a Hamilton teen gave up the flashy car and nights out to buy a home at 20 years old.

All this and much more in your favourite Real Estate publication across New Zealand.

Need the stories RIGHT NOW?

Click below:

https://www.realestatetodaynewzealand.com

10/06/2025

Agent Sells Home Using TikTok in App-Defying Result.

A still image. 130 views. One serious buyer.

But the ex*****on defied all odds for the platform.

This was a static image on a video-first app, posted from a reasonably new account by an agent just twelve months into the industry.

Despite the lack of video, followers, or paid promotion, the post broke through.

In a space dominated by high-energy video content, Burgdorf’s post was striking in its simplicity: a single still image, uploaded without edits, or advertising spend.

The video received just over 130 views, but within 30 minutes, it led to a qualified enquiry—and ultimately, a successful sale.

As digital marketing continues to reshape the real estate landscape, one of Victoria’s newest real estate agents has demonstrated how short-form content can convert into real-world results—without big budgets or high production.

10/06/2025

Where are the next million dollar suburbs?

Seven suburbs are poised to cross the million-dollar threshold in 2026, all currently sitting between $950,000 and $990,000 in median house prices.

Two suburbs from Christchurch lead the charge: neighbouring Ilam and Upper Riccarton, located 5km west of the city centre near the University of Canterbury. These areas benefit from their proximity to the university and established infrastructure.

Interestingly, two suburbs on the list aren't from major cities. Hurdon in New Plymouth offers beautiful scenery with the iconic Mount Taranaki as a backdrop, plus a vibrant arts scene and diverse outdoor activities.

Meanwhile, Cromwell in Central Otago sits in the heart of New Zealand's premium wine region, known for award-winning Pinot Noir and tourist attractions like Lake Dunstan and the Highlands Motorsport Park.

Seven suburbs are poised to cross the million-dollar threshold in 2026, all currently sitting between $950,000 and $990,000 in median house prices.

10/06/2025

Reapit Integrates SATS as first compliance partner on Console Cloud Marketplace.

Reapit has officially welcomed Smoke Alarm Testing Services (SATS) as the first compliance provider to integrate with the Console Cloud Marketplace – a move set to streamline compliance workflows for property managers across Australia and New Zealand.

As a well-established and trusted name in the real estate industry, SATS is known for its proactive approach, technological agility, and deep understanding of evolving legislative requirements.

Reapit has officially welcomed Smoke Alarm Testing Services (SATS) as the first compliance provider to integrate with the Console Cloud Marketplace – a move set to streamline compliance workflows for property managers across Australia and New Zealand.

10/06/2025

Next-Gen Real Estate Leader Assumes Full Control of High-Performing Agency.

Wellington-based real estate firm Agency Select Realty has entered a new phase of ownership, with Elman Avallone acquiring full control of the business.

The move follows the decision by founding director Naomi Brooking to step back from executive duties to refocus on sales and family priorities.

The agency, established in 2015, has positioned itself as a boutique operator offering a personalised alternative to volume-driven franchise models. Avallone, who joined the business shortly after launch, has held roles across compliance, operations, and leadership, and had previously been a co-owner.

“This marks a natural progression,” Avallone said. “We’ve built a business that prioritises consistency and accountability in the sales process, and this next chapter will allow us to scale that further across the region.”

https://www.realestatetodaynewzealand.com/post/next-gen-real-estate-leader-assumes-full-control-of-high-performing-agency

28/05/2025

New Zealand’s Premier Real Estate Conference Returns!

Building on the momentum of its sold-out debut in 2024, the New Zealand Real Estate Conference (NZREC) is set to return on Tuesday, 17 June 2025, at LIFE Central in Auckland.

25/05/2025

Budget restraint could be just what the property market needs.

The newly established housing fund, set up to distribute $128 million towards social homes and affordable rentals over four years, is a great initiative.

We’ve got a housing supply issue in New Zealand, and any contribution towards alleviating this, and assisting first time buyers and young families into new homes, is a step in the right direction.

When we look at the state of the housing market, it’s moving forwards.

The Budget’s Economic and Fiscal Update forecasts a 5.6% growth in house prices by next year.

While different segments of the market are accelerating more quickly than others, overall, the trajectory is promising.

The newly established housing fund, set up to distribute $128 million towards social homes and affordable rentals over four years, is a great initiative. We’ve got a housing supply issue in New Zealand, and any contribution towards alleviating this, and assisting first time buyers and young famili...

25/05/2025

MRI Software Appoints James Bell to Lead Enterprise Growth Across APAC Residential Sector

MRI Software, a global leader in real estate solutions and services, has appointed former Century 21 Australia CEO James Bell as Director of Enterprise for MRI Living, APAC.

The strategic hire reinforces MRI’s commitment to innovation and client success for large real estate groups across the Asia-Pacific region.

With more than 25 years of experience in real estate leadership, Bell brings deep expertise in agency operations, auctioneering, property management, and executive strategy.

In his most recent role as CEO of Century 21 Australia, he led the national network through a period of transformation, driving growth through technology adoption and client-centric leadership.

“I’m excited to join MRI at a time when the real estate industry is embracing technology to drive smarter outcomes,” said Bell.

MRI Software, a global leader in real estate solutions and services, has appointed former Century 21 Australia CEO James Bell as Director of Enterprise for MRI Living, APAC.

25/05/2025

Harcourts International Announces New Era of Leadership

Harcourts International, the globally renowned real estate brand with over 135 years of success, is proud to announce a pivotal moment in its history.

After four decades of exemplary service and leadership, Paul Wright, a principal figure in the company’s growth as both a co-owner and director, is stepping aside, marking the beginning of an exciting new chapter for the organisation.

Paul Wright’s tenure leaves behind a legacy of innovation, strategic leadership, and an unwavering commitment to excellence in the real estate industry. Under his stewardship,

Harcourts has cemented its reputation as a trusted partner for property seekers and investors globally. Now, this legacy will continue through a new wave of experienced leaders, whose collective expertise solidifies the organisation’s future.

Harcourts Real Estate New Zealand

Harcourts International, the globally renowned real estate brand with over 135 years of success, is proud to announce a pivotal moment in its history.

25/05/2025

SOLD!

Harcourts Auctioneers Sweep the Podium at AUSTROS 2025

Mark McGoldrick crowned Australasia’s top auctioneer; Tama Emery takes Novice title in all-Kiwi victory.

Harcourts is celebrating a double triumph after two of its standout auctioneers claimed top honours at the prestigious AUSTROS 2025 Australasian Auctioneering Championships, held this year in Adelaide, South Australia.

Mark McGoldrick, from Harcourts Monarch Real Estate – Hamilton, has been named Australasia’s Top Auctioneer, taking out the elite title in a fiercely competitive final against the best auctioneers from across New Zealand and every Australian state.

Meanwhile, rising talent Tama Emery, from Harcourts New Age – Papakura, took out the Novice Division, securing a clean sweep for Harcourts and New Zealand.

The AUSTROS, hosted by the Real Estate Institute of South Australia (REISA), is the most prestigious event on the Australasian auctioneering calendar, showcasing exceptional skill, speed, legal acumen, and performance under pressure.

Mark McGoldrick crowned Australasia’s top auctioneer; Tama Emery takes Novice title in all-Kiwi victory Harcourts is celebrating a double triumph after two of its standout auctioneers claimed top honours at the prestigious AUSTROS 2025 Australasian Auctioneering Championships, held this year in Ad...

25/05/2025

LJ Ho**er Group Unveils 2025 Budget Wish List to Tackle Housing Market Pressures

With construction activity declining, affordability barriers persisting, and regional imbalances, LJ Ho**er Group is calling on the New Zealand Government to introduce practical policy measures that support housing supply, affordability, and broader economic growth.

New LJ Ho**er research confirms that homeownership remains a core aspiration for New Zealanders, with 81% saying they want to own their own home.

Most still value traditional features such as outdoor space (66%) and standalone homes (59%) [1, 2]. But younger generations are adapting to the current market conditions—45% of Gen Z and 40% of Gen Y are open to co-ownership models.

However, structural headwinds are weighing on the market:
Residential construction fell by 4.9% in Q4 2024 and is now down 25% from its 2022 peak.

Housing stock remains high, with nearly 36,000 listings recorded in April 2025—more than double 2021 levels—signalling subdued buyer demand.

With construction activity declining, affordability barriers persisting, and regional imbalances, LJ Ho**er Group is calling on the New Zealand Government to introduce practical policy measures that support housing supply, affordability, and broader economic growth.