The Real Estate Institute of Victoria (REIV) plans to introduce a new code of conduct for agents that will prohibit them from using misleading advertising methods including the phrases ‘price plus’ and ‘in excess of'.

Real estate agents are finding social networking sites useful for attracting potential buyers as more and more turn to the internet to search for their dream home.

Strong demand from first home buyers is continuing to sustain the residential property market, with first home buyers now expected to drive a recovery across the wider market into 2010. 

While the impact of the global recession will ensure 2009 is a challenging year for Australia there are encouraging signs that economic conditions are stabilising.

Pyjama king Peter Alexander tells mortgage business’ Kate Miller how small business principles and his unique approach to customer service helped turn his boutique pyjama business into a multi-million dollar empire.

While the market has presented challenges for determining the right price, according to Herron Todd White’s CEO Paul Bidwell technology has certainly sped up the valuations process.

Each month Real Estate Business addresses your pressing business issues. This month Dr Greg Chapman offer brokers insight on managing cash flow and capitalising on customer feedback.

The property market has not escaped the impact of the global credit crisis but local property prices continue to hold their own compared to foreign markets.

Q1 borrower arrears levels improve for the first time in ten years.