Crikey has been at its rumour mongering again -
MyHome feeling a bit homeless?
Now that only one franchise group (Elders) has signed up to the PBL-backed real estate website, the reality seems to be hitting home for many others. Why have LJ Hooker and others backed out? MyHome plans to go direct to the vendors of agents who use MyHome – that’s right, going "around" the real estate agent. Ray White has also said "no thank you" for the same reason. To make matters worse, MyHome is now suing Ray White (the largest franchise group in Australia) for deciding not to use MyHome. The only group promoting MyHome seems to be Raine & Horne in NSW, whose agencies are being told by Max Raine that they should stop advertising on all other real estate websites and only advertise on MyHome.
I did a quick side by side comparison for postcode 3204 - Bentleigh
MyHome - 50 entries - mostly Hocking Stuart
Realestate - 110 entries - supported by all agents
And the winner is - the punters will always decide that - and lets face facts - there is room only for two plus a number of specialty sites
Update as of March 13, 2007, Syney Morning Herald
Realestate.com.au has helpfully provided SMH with traffic figures for property classifieds in the first 10 days of March.
And it seems PBL's new site, myhome.com.au, is struggling to get off the ground, failing to reach 100,000 unique visitors despite the recent marketing drive.
Realestate.com.au had 1.6 million unique visitors over the period, followed by Fairfax Media's Domain.com.au with 852,000, according to the data from Nielsen/NetRatings.
Realestate.com.au also notes that users stayed on its site an average 11 minutes, compared to just 2 minutes for myhome.com.au.
I don't doubt the statistics
Monday, February 26, 2007
Saturday, February 03, 2007
SPEAR - Electronic Subdivision
SPEAR covers the approval process for a number of Subdivision Act plans and includes the application for a planning permit, council certification and lodgment in Land Registry.
SPEAR allows applications to be electronically submitted to council, referred electronically for comment and tracked online from the initial planning stage through to lodgment and registration of the plan at Land Registry.
SPEAR is an internet system that enables a subdivision application to be lodged, managed, referred and tracked online. The system was developed by Land Victoria as part of its Land Exchange program.
SPEAR is comparable to an electronic mail box that stores data and allows subscribers to access this data. Its aim is to reduce the delays, duplication of data, double handling of documents and high administrative overheads that are characteristic of the current manual, paper based development approval process.
Source - Customer Information Bulletin DSE Jan 2007
SPEAR is up and running. The Plan is electronically uploaded to the Land Registry imaging system and digitally signed by Council and the Surveyor. Council digitally signs the Statement of Compliance.
The same principles that SPEAR is applying are the same as for the Electronic Conveyancing project and 247Legal is using with its Digital Conveyancing project.
SPEAR allows applications to be electronically submitted to council, referred electronically for comment and tracked online from the initial planning stage through to lodgment and registration of the plan at Land Registry.
SPEAR is an internet system that enables a subdivision application to be lodged, managed, referred and tracked online. The system was developed by Land Victoria as part of its Land Exchange program.
SPEAR is comparable to an electronic mail box that stores data and allows subscribers to access this data. Its aim is to reduce the delays, duplication of data, double handling of documents and high administrative overheads that are characteristic of the current manual, paper based development approval process.
Source - Customer Information Bulletin DSE Jan 2007
SPEAR is up and running. The Plan is electronically uploaded to the Land Registry imaging system and digitally signed by Council and the Surveyor. Council digitally signs the Statement of Compliance.
The same principles that SPEAR is applying are the same as for the Electronic Conveyancing project and 247Legal is using with its Digital Conveyancing project.
Home Buyers stamp duty relief ----- Not
Which home buyers are saying thanks Bracks for the stamp duty relief you have given us?
For a start you dont qualify for the Principal Place Residence concession for homes over $500K. That cuts out my electorate where median prices for homes is now well over $500K.
Think about this, you are eligible if your home costs between $115K and $500K. No-one can buy a home for $115K. I would have thought the majority of established home buyers is now pretty much above the $500K mark
And get this, those it might be targeting being the First Home Buyers, well think twice, they dont get it. The first home buyers elects which "benefit" they will take - the PPR concession or the First Home Bonus. No double dipping boys and girls.
And if you haven't already seen the new form, well the SRO has been busy designing forms that should be a simple one page document. Well those days as we all know are well past us. The PPR stat dec is 3 pages plus the explanatory notes.
You can download a copy here.
And for the sheer hell of it, I have redesigned a user friendly one pager, just like the good old days when the chattels stat dec was introduced. Feel welcome to download it and use it with my blessing. If you can ever find an occasion to ever use it.
For a start you dont qualify for the Principal Place Residence concession for homes over $500K. That cuts out my electorate where median prices for homes is now well over $500K.
Think about this, you are eligible if your home costs between $115K and $500K. No-one can buy a home for $115K. I would have thought the majority of established home buyers is now pretty much above the $500K mark
And get this, those it might be targeting being the First Home Buyers, well think twice, they dont get it. The first home buyers elects which "benefit" they will take - the PPR concession or the First Home Bonus. No double dipping boys and girls.
And if you haven't already seen the new form, well the SRO has been busy designing forms that should be a simple one page document. Well those days as we all know are well past us. The PPR stat dec is 3 pages plus the explanatory notes.
You can download a copy here.
And for the sheer hell of it, I have redesigned a user friendly one pager, just like the good old days when the chattels stat dec was introduced. Feel welcome to download it and use it with my blessing. If you can ever find an occasion to ever use it.
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