Media Release - 20 February 2018
TOP AGENTS REVEALED AT SA/NT AWARDS NIGHT
First National Real Estate Lewis Prior was recognised for outstanding achievement at the General Excellence and Marketing Awards, held at Adelaide Oval on Friday night.
First National Real Estate is Australia's largest independent real estate network and its awards evening celebrated the best of South Australia and the Northern Territory's real estate performances over the past year, which according to First National Lewis prior Principal, Brett Lewis contributed to First National Real Estate winning Canstar Blue's 'Most Satisfied Customers'' award for a second consecutive year.
'First National Lewis Prior staff were determined to hold onto the 2016 Canstar Blue "Most Satisfied Customers'" award and their resolve led to some exceptional results plus we did win the Canstar Blue award again' Brett Lewis said.
At the presentation, First National Lewis Prior received the following awards:
- Sales Office of the Year (Top 10)
- Property Management Department of the Year
- Highest Property Management Gross Revenue
- Highest Gain of Properties under Management
Key staff members were also recognised for their individual performances:
Brett Lewis said the First National GEM Awards are an important event as they encourage First National's agents to aspire to an ongoing process of performance improvement that benefits customers.
- Brett Lewis received the 'SA/NT Salesperson of the Year (#3)' award
- Karlie Larson received the 'Business Deveopment Manager of the Year' award
- Karlie Larson received the 'Diamond Award for Residential Revenue' award
Media Release - 23 January 2018
MILLENNIALS TO ECLIPSE BABY BOOMER REAL ESTATE SPENDING POWER IN NEXT FIVE YEARS
Despite 74% of millennials requiring more help than usual in understanding the buying process, it is anticipated that the next five years will see millennials eclipse baby boomers’ real estate spending power with 66.1% of those born between 1982 - 2002 choosing property over lifestyle, according to First National Lewis Prior principal Brett Lewis.
With millennials earning more money than earlier generations, their buying budgets are anticipated to be well above those of Generation X and Y, and it won’t be unheard of for some to make their first purchase in the realms of $500,000 to $750,000.
Brett Lewis, principal of First National Lewis Prior said “The expectations we have for millennials from 2018 onwards are based on the observations of agents across our national network, which mirror that of data we are seeing from the USA. The next five years will see the most spending power of baby boomers eclipsed by millennials, with the majority focused on buying apartments as their first home - moderate commutes to work will be acceptable but the majority will not find the outer suburbs of metropolitan areas very appealing. In essence, millennials are driven by lifestyle. The norm is now I want it, I’ve earned it, I can have it. By necessity, the lifestyle changes that are required to become a property investor are no longer mandatory,”
Millennials are expected to purchase apartments as their first property and seek out homes in locations that complement their lifestyle, are close in proximity to transport and their employment.
“They will also seek out property that is ‘move-in-ready’ rather than renovator’s specials, with 48% buying newly constructed homes to avoid plumbing/electrical problems compared to 34% of other buyer demographics” said Brett Lewis.
Internet connectivity has a significant influence in their buying decisions, with the generation geared to seek out property online that is picture-perfect, and they regard internet speeds and choice of telecommunication providers as incredibly important to assessing a potential home. Television lifestyle shows also play a role in their real estate requirements with current home styling and design trends high on the must-have list.
Seeing property only as a stepping-stone, millennials are expected to hold onto their first home for six years before moving on to the next better one compared to 10 years for previous generations.
Media Release - 21 November 2017
TECHNOLOGY & SMART HOMES TO INFLUENCE PROPERTY VALUE
According to new research from REA and Origin Energy, 85% of Australians already believe solar panels increase a property’s value more than any other energy efficient feature. Technology and smart homes are set to influence the future of property values. First National Lewis Prior principal Brett Lewis predicts the popularity and increasing affordability of electric cars will contribute to a strong demand for solar panel generation, driving property marketability and salability.
Whilst the actual increased value varies according to location and property type, Brett Lewis confirms that in a race for buyers between similar priced properties, those with solar panels will always have the most buyer-appeal.
“As Australians continue to grapple with rising utility bills and fuel prices, technology will have the most significant influence on the value of properties with solar power generation. The price of an electric car will soon be a more affordable and viable option and the rise of their use will drive demand for solar powered homes because charging at home will be, first and foremost, a much cheaper alternative” said Brett Lewis.
First National Real Estate has more than 4,000 real estate agents across Australia, New Zealand and the South Pacific. The network was recently awarded Canstar Blue’s ‘Most Satisfied Customers’ endorsement, following nationwide Colmar Brunton research, for a second consecutive year.
Media Release - 9 November 2017
FIRST HOME BUYER ADVICE AMID THE ENERGY CRISIS
With lenders approving a record $33.9 billion in new housing loans in Australia, the number of dwellings financed by first homebuyers reached the highest level in 92 months in August 2017. The nation is also in the grip of an energy crisis so what should first homebuyers be looking for when purchasing their first home so they can ensure energy-efficiency as well as manageable and affordable utility bills?
First National Lewis Prior principal Brett Lewis says it is about looking at the property inside and out (bigger is not necessarily better - can you afford to heat/cool the place?) as well as its proximity to local shopping centres, beaches or public pools (do you have somewhere to cool off if your electricity is shut down?).
There are three factors Brett Lewis stresses first home buyers should explore - the property itself (swimming pools come with hidden maintenance costs), the area’s infrastructure (local amenities, child-care, schools, beaches) and using your real estate agent’s local knowledge - they’ll have the local expertise when it comes to rates, bills and the community as a whole.
WHAT TO LOOK FOR AS A FIRST HOME BUYER TO AVOID BILL SHOCK
· Is the property close to local shopping centre?
· Is there a local swimming pool?
· How far away are the closest beaches?
· Are there safe –swimming waterholes nearby?
· Distance from schools/work - possible to reduce car usage and save on petrol?
· Is there air-conditioning and is it throughout the house or isolated to one area - what are the running costs?
· Does it have a swimming pool - if so, what are the running costs (does it leak)?
· Are solar panels fitted?
· Does it have a high or low maintenance garden to reduce water bill pressure?
· Does it have a clothesline to ensure clothes drying and reduce dryer bills?
· What rooms face east and face west to maximise morning and afternoon sun?
· Are there trees around the property - do they provide shade?
· Are blinds or screens installed on the windows to block sun?
· Appliances - a dishwasher might seem like a bonus but can you afford to use it?
· Rainwater tanks?
· Which energy source powers the property’s heating?
Your real estate agent is your local expert and will know what the approximate costs of living in the area are - ask questions about bills, suppliers, local businesses that are important to residents of the area.