PASSION AND RESILIENCE - HOW MICHELLE MCLEAN ACHIEVES PROPERTY MANAGEMENT EXCELLENCE - REINSW
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REAL ESTATE INSTITUTE OF NEW SOUTH WALES JUL/AUG 2020 VOL 71/04 Passion and resilience How Michelle McLean achieves property management excellence OPTIMISE YOUR ONLINE PRESENCE Positioning yourself as a real estate leader COURAGEOUS SELF-LEADERSHIP Turning pressure into performance CELEBRATING EXCELLENCE Awards for Excellence finalists revealed
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INSIDE Contents UPFRONT 5 A word from the President 6 In brief PERSPECTIVES 10 Changing children’s lives Digital Live’s Steve Carroll shares the results of his campaign to make a difference to the lives of children in Thailand. 12 Passion and resilience Leah Jay’s Michelle McLean explains why resilience and passion are at the core of her career success. 16 Thriving through adversity REAL ESTATE JOURNAL One of the oldest agencies in New South Wales, Creer Property The Real Estate Journal is the official magazine of the has enjoyed well-deserved success over the last 148 years. Real Estate Institute of New South Wales 18 Always striving 30-32 Wentworth Avenue Content and editorial The Real Estate Journal is provided Conducting more than 500 auctions each year, Leon Axford Sydney NSW 2000 Wordcraft Media for general purposes only. REINSW talks about what motivates him and reflects on his career so far. (02) 9264 2343 0410 330 903 gives no warranty and makes no info@reinsw.com.au hello@wordcraftmedia.com.au representation with respect to www.reinsw.com.au www.wordcraftmedia.com.au the accuracy, applicability, legal WELLNESS correctness or completeness of Managing Editor Art and design any of the contents of the Journal. 20 Courageous self-leadership Cath Dickinson Kids Got Moxie To the extent permitted by law, How to turn pressure into performance. 0410 330 903 info@kidsgotmoxie.com REINSW excludes responsibility journal@reinsw.com.au www.kidsgotmoxie.com and liability in respect of any loss arising in any way (including by FOCUS Advertising Printing way of negligence) from reliance (02) 9264 2343 Bluestar Printing on the information contained 22 Cooling off? Or cooling not? advertising@reinsw.com.au www.ivegroup.com.au/ in the Journal. The opinions The uneasy relationship between auction conditions and blue-star-print expressed in the Journal are cooling-off periods. those of the respective authors Photography and do not necessarily reflect 24 Celebrating excellence Studio Commercial those of REINSW. www.studiocommercial.com Congratulations to all the finalists in the 2020 REINSW Awards for Excellence. Find out who’s up for the top gongs. 30 Strive to thrive Major Partners Industry leader John Cunningham shares his thoughts on what lies ahead as COVID-19 restrictions ease. 32 Relationships for life Building solid relationships is central to your success. Why? Partners Because when you invest in people, they’ll invest in you too. 34 Optimise your online presence Valentina Borbone explores five ways you can position yourself as a real estate leader in today’s online landscape. 37 Curbing COVID-19 claims Practical steps to mitigate the risk of a claim. TRAINING AND EVENTS 38 Training update LAST WORD Community Partner 41 New members 42 In the media JUL-AUG 2020 REAL ESTATE JOURNAL 3
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A WORD FROM THE PRESIDENT UPFRONT Excellence on show This is always an exciting time of the year for REINSW as we celebrate the achievements of our best and brightest with our Awards for Excellence. There’s always a tremendous buzz across the industry when we announce the finalists. in a way that we can be proud of and we will undoubtedly emerge stronger. I’m incredibly proud to see the support being offered across the industry. Agents supporting agents and businesses They’re called the Awards supporting businesses – sharing tips, for Excellence for good offering advice and providing insights, all aimed at ensuring we emerge on the reason. They’re about other side of these challenging times, excellence in service, together and stronger. Our finalists in this year’s Awards for creativity, initiative and Excellence exemplify this. commitment, and the Congratulations to our finalists winners are selected The REINSW Awards for Excellence has for their achievements always been held in the highest of esteem, The buzz has multiplied this year and we recognising practitioners from across the at the highest level. certainly have reason to celebrate. spectrum of specialisations of our industry It’s been a tough 12 months for all of in New South Wales. They are the longest us and to say there have been challenging running awards program in NSW and, times is an understatement. We’ve seen I believe, the most meaningful. I believe this is what sets our Awards apart drought conditions cripple regional areas There are lots of awards programs out from other programs. across New South Wales, followed by there now, but the REINSW Awards for I’d like to congratulate all of this year’s months of firestorms that devastated Excellence differs in one significant way. finalists (see page 24) and I look forward communities. Then COVID-19 hit. Almost We focus on quality, not quantity. Our to celebrating our winners at the Awards every aspect of what we do and how we Awards have never been about who has for Excellence Gala Dinner. do it has been impacted by circumstances sold the most property or who manages outside our control. And the cherry the biggest office tower. on top? Landmark reforms impacting They’re called the Awards for qualifications, licensing, supervision Excellence for good reason. They’re guidelines, residential tenancies and about excellence in service, creativity, more came into effect. initiative and commitment, and It’s enough to make anyone throw the winners are selected for their their hands up and admit defeat. achievements at the highest level. But we haven’t. No, we definitely They focus on professional skills and Leanne Pilkington haven’t. Instead, we’ve come together behaviours, and how these are executed. REINSW President JUL-AUG 2020 REAL ESTATE JOURNAL 5
UPFRONT IN BRIEF On camera skills At a recent REINSW webinar, TV presenter and real estate auctioneer Lochie Daddo shared his top tips for presenting well during video conferences. Insurers leave landlords high and dry 1 Try not to look at yourself Research shows that we spend up to 50 per cent of our Rental payments represent a significant chunk of every tenant’s budget. With the fall-out from the COVID-19 to negotiate in good faith, which then forces the tenant to seek an order from the NSW Civil & Administrative time during a video conference pandemic leaving so many people Tribunal. If the landlord agrees looking at ourselves. Turn your worried about their ability to meet to a rent reduction, their insurer own camera off and focus on the their financial commitments, it’s little effectively abandons them. people you’re interacting with. wonder that tenants are seeking rent reductions. REINSW is calling on the Government 2 Look through the camera Don’t talk at your computer screen. Rather, look deeper Recognising this, the NSW Government passed temporary to direct insurers to respond to the and focus on creating a more rental support measures in April claim when the landlord has agreed 2020. These measures include an meaningful engagement with obligation for landlords and tenants to a reasonable rent reduction. the people you’re talking to. to enter into good faith negotiations 3 Do your homework Know what you’re going to talk about and what you’re regarding rent reductions. However, in a disappointing development, some insurers are effectively “This is appalling and contrary to the spirit of what’s required across the entire community” seeking to achieve from the preventing landlords from complying Leanne said that insurers have interaction. What do you want with this obligation. made millions of dollars over many your audience to walk away with? “It’s disappointing that insurers years from landlords’ insurance are not stepping up to support their policies and now, when it’s time landlords’ insurance policy holders,” to make a claim, they’re leaving You can watch the full On camera skills webinar REINSW President Leanne Pilkington landlords high and dry. for free at reinsw.com.au/webinars said. “Landlords have been asked by “REINSW is calling on the the Government to negotiate in good Government to direct insurers to faith, yet some insurers are saying respond to the claim when the landlord MISSED A WEBINAR? they won’t honour the rent default has agreed to a reasonable rent You can catch up by checking cover in their policy if the landlord reduction,” she said. “Alternatively, that out our full library at voluntarily agrees to a rent reduction. the landlord has the option to compel reinsw.com.au/webinars “To preserve the rent default the insurer to take over the good faith cover, the landlord must refuse negotiations with the tenant.” 6 REAL ESTATE JOURNAL JUL-AUG 2020
IN BRIEF UPFRONT New index shows buyers are back REA Group has launched a new residential buyer demand index to help consumers understand the ebbs and flows of the market, including when to buy and sell. The REA Insights Weekly Demand Report is a weekly index that looks at the volume of high-intent buyer Working from home an “easy adjustment” activity on the realestate.com.au A recent survey conducted by real estate software solutions company MRI Software website and app, tracking that activity has revealed the impacts of working from home during the COVID-19 pandemic. over time. Specifically, it looks at • An easy adjustment. While 64 per cent of respondents didn’t have work from home how users are behaving when they arrangements prior to COVID-19, adjusting to the concept was quite easy for most. interact with live property listings; Thirty-six per cent of respondents stated they already had an established working for example, the number of visits from home arrangement. to a listing, looking at photos for • Fewer distractions increased productivity. Some 54 per cent of respondents felt a listing multiple times, saving the more productive when working from home. A key benefit to productivity was less property, sharing the property and disruptions and downtime due to socialising with colleagues. Many also found making an enquiry with the agent. that because their commute-time had been eliminated, there was more time Cameron Kusher, REA Group to be productive at work. Director of Economic Research, said • Self-discipline is important. More than 50 per cent of respondents said they were that as the recovery from the impacts working more hours under a work from home arrangement. This makes self-discipline of COVID-19 continue, the index shows important in maintaining a healthy work from home environment. that buyers are back, but sellers are • Working from home will become more common. Many respondents said that the yet to follow. COVID-19 crisis highlighted the advantages of flexible working arrangements and “The current under-supply almost 70 per cent believed that working from home will become more common of properties has resulted in demand in the future. surging on realestate.com.au,” You can download the full report via the Rockend website at rockend.com Cameron said. “One of the likely drivers of such high volumes of serious buyer activity is the fact that there are so few properties listed for sale. With less stock, serious buyers #OZPropertyALIVE narrow their focus much more and The media would have us all believe media feeds with the #OZPropertyALIVE are likely to be more highly engaged that the property industry is in a dire hashtag. with the listing onsite.” state, but we want to tell the true story. The property industry is critical to For property owners considering The aim of the #OZPropertyALIVE social Australia’s future prosperity. By sharing selling, the index provides an media campaign is to show the truth real images and showing real activity indication of the level of buyer of what’s happening in the property in the marketplace, we can debunk the demand they can expect when they market: that there are sellers keen to media’s story of doom and gloom. We list. For buyers, it serves as a gauge list their property and buyers looking can highlight that the real estate industry on the amount of competition they’re for their next home. is open for business and sellers and likely to face. As the saying goes: “A picture is worth buyers alike are still focused on realising a thousand words.” And, with your their property dreams. ACCESS THE REA INSIGHTS WEEKLY smartphones in hand, REINSW is asking So start snapping and using the DEMAND REPORT you to start snapping shots of what’s #OZPropertyALIVE hashtag. Help realestate.com.au/insights happening in your local marketplace us show that it’s business as usual and then upload them to your social in the property market. JUL-AUG 2020 REAL ESTATE JOURNAL 7
UPFRONT IN BRIEF Q Can an Assistant Agent contractually bind the agency? A ssistant Agents cannot A enter into: • A contract for the sale of land Ripple effect of stamp duty reform The real estate industry has been they’ve spent on stamp duty. Painters, • An agency agreement, including sales calling for stamp duty reform tilers, chippies, carpet layers, cabinet and property management agreements for years. But now, as COVID-19 makers, whitegoods suppliers and (livestock transactions excepted) threatens to tear the economy apart, every other conceivable type of • A franchising agreement. a substantial reduction in stamp duty goods and services suppliers would While Assistant Agents can still represents a lifeline for businesses also love buyers to have that extra prospect for new clients, only a Class 1 of all kinds. money in their pockets. or Class 2 Real Estate Licence holder “Obviously, there are immediate “But, unfortunately, they don’t can sign and bind the agency to an economic benefits that stem from have access to that money because agreement with a vendor, landlord, an increase in residential transactions,” they’ve had to spend it on stamp franchisor or other agency. REINSW CEO Tim McKibbin said. duty. It’s money that’s essentially Important to note is that Assistant “Yes, real estate agents benefit. But being withheld from the economy. Agents also cannot authorise the there are also marketers, signage “That stamp duty destined for the withdrawal of money from a trust account. providers, copywriters, photographers, NSW Government’s coffers could stylists, surveyors, conveyancers, pest otherwise be distributed through the and building inspectors, removalists economy, benefiting a multitude of and more. The list goes on and on. businesses and supporting workers.” “A property transaction sets According to Tim, in this COVID-19 in motion a ripple effect – and there’s world, the goal posts for every industry a longer game to play as well.” are shifting. Tim pointed out that buyers “Every business is trying to keep Your Helpline is on hand typically want to personalise their the wheels turning. For real estate – new property. and every other business in the supply Receive practical advice on a wide range of real estate “It might be as simple as a fresh coat chain – stamp duty is the brake. The issues when you need it. No question is too big or too of paint, new carpet or floorboards, way we did things in the past, can’t small, and there’s no limit to the number of times you or some new furniture,” he said. “Or it’s be the way we do things now. can contact us. something a bit more substantial, such “The NSW Government needs to as knocking out a wall or renovating get with the times and slash 75 per (02) 9264 2343 the bathroom or kitchen. cent off the stamp duty rate. Let’s face helpline@reinsw.com.au “No doubt, buyers would appreciate it, 25 per cent of something is a lot having access to some of the money better than 100 per cent of nothing!” 8 REAL ESTATE JOURNAL JUL-AUG 2020
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PERSPECTIVES LOCAL HEROES Changing children’s lives When Steve Carroll conceived Digital Live in 2017, he was determined to make a difference to the lives of children in Thailand and he knew who to call on to make his vision a reality – the real estate industry. Fast forward to 2020 and the results are astounding. 10 REAL ESTATE JOURNAL JUL-AUG 2020
In just three short years, more than $720,000 has been raised by Digital Live and the real estate industry, with every cent going directly to Hands Across The Water – an Australian charity focused on providing children in need in Thailand with a life of opportunity and choice. “The real estate industry is full of incredible people with hearts of gold,” Steve Carroll, Founder of Digital Live, said. “Over the past three years, no matter the ups and downs of the industry, agents have come together through our Digital Live initiatives to raise money for Hands Across The Water. “They’ve attended our education seminars. They’ve given their time to our programs. They’ve rallied their networks for donations. They’ve even decked themselves out in lycra to cycle hundreds of kilometres across Thailand as part of our Digital Live rides.” And the hero outcome of these efforts? A multi-purpose education and learning centre located next to the Hands Across The Water home in Yasothon province in north-eastern Thailand. particularly digital education,” Steve said. “Our goal “We’re expecting the centre to be completed is to raise enough money to create an education and operational by the end of July 2020,” Steve and learning centre in each of the homes that are said. “The centre will support children in their early fully equipped with computers, internet access and school-aged education. It will also go further and digitally savvy teachers. The real estate and teach young adults’ digital skills to help them “It’s a huge goal – but one that’s definitely industry is full gain employment.” achievable. Just look at what we’ve achieved so far with the opening of the first centre!” of incredible Helping kids people with Hands Across The Water started in 2005 Living a life of choice when Peter Baines OAM identified an opportunity Claire Baines, General Manager of Hands Across hearts of gold. to provide a helping hand. The Water, knows first-hand the difference the Over the past “Peter is a good friend of mine and was one of the money raised makes in the lives of the children forensic specialists sent to Thailand following the and young adults in their care. three years, 2004 tsunami,” Steve said. “He led the international “We have babies through to university students no matter the identification effort of the 5,395 bodies recovered. that live a life of choice thanks to the incredibly “But it wasn’t the enormity of the tragedy that generous support we receive,” she said. ups and downs spurred him to do something. Rather, it was the “The money raised by Digital Live and the real of the industry, sense of hope and the opportunity to help a group estate industry is going toward an incredible and of children living in a tent near a temple in Bang much-needed education centre. It’s supporting agents have Muang, which is just north of the epicentre of the not just the fit-out, but also the ongoing operations come together destruction in Khao Lak. for years to come.” “Peter knew he couldn’t change what had Claire explained that the opportunities that to raise money happened, but he could change what happened will come from the education centre are truly for Hands Across next and Hands Across The Water was born. His goal life-changing for the children in their care. was to build a home for those kids living in the tent.” “Not only can we provide life’s necessities The Water. After opening that first home in 2007, the need through our homes, but we can now go further,” Steve Carroll for a long-term commitment was recognised and, she said. “We can empower them with education Founder of Digital Live since then, Hands Across The Water has grown well and skills that will allow them to thrive once they beyond those initial 32 children and they now have leave our care. They will have the opportunity seven homes across Thailand and more than 350 to live a life of choice – and that’s due to the children in their care. support of the real estate industry. We are “As part of the evolution of the charity, so incredibly grateful.” Peter asked me to help raise money to support To find out more about Hands Across the Water, educational programs for children in their care, go to handsacrossthewater.org.au JUL-AUG 2020 REAL ESTATE JOURNAL 11
PERSPECTIVES COVER PROFILE 12 REAL ESTATE JOURNAL JUL-AUG 2020
Passion and resilience Michelle McLean’s property management career has taken her from the southern suburbs of Sydney to the picturesque shores of Lake Macquarie. Here she explains why passion and resilience are at the core of her career success. By TINA LIPTAI After close to 25 years in the real estate You need to be objective when everyone industry, Michelle McLean appreciates that else is acting from a place of emotion and Resilience is a word passion will take you a long way. However, do what you can to help find a solution to you hear a lot these one thing she knows for sure is that whatever the problem is that they’re facing.” resilience is the key to longevity in the real Michelle is passionate about her work days in business. estate industry – especially if you choose and is dedicated to helping both her clients But it’s not just to specialise in property management. and colleagues. Like all agents, she’s had to “Whether you’re just starting out or are overcome a range of professional challenges a buzzword. It’s an more established in your career, resilience that have been thrown her way over the important skill and is a must,” the Senior Property Manager at course of her career. What she’s learnt, specialist property management agency however, is the importance of being focused one that, when it Leah Jay, said. “My number one tip? Don’t on solutions. comes to real estate, take everything to heart. The sooner you “Yes, I’ve developed a depth of learn to let things go, like water off a duck’s knowledge and experience over the years, I believe is essential back, the better. and this is incredibly useful to draw on when to develop from “Resilience is a word you hear a lot these it comes to dealing with the emotionally- days in business. But it’s not just a buzzword. charged situations we face as property the earliest stages It’s an important skill and one that, when it managers every day. I take every opportunity of your career. comes to real estate, I believe is essential to I can to pass my knowledge and experience develop from the earliest stages of your career. on to other property managers. “Don’t get bogged down in the emotion “My advice? You need to be passionate of every situation, because you’ll burn out. about what you do and property This is especially true for property managers, management needs to be more than just who face situations every day with landlords a job for you. But, importantly, you need and tenants where emotions can run high. to find some balance if you want to last.” JUL-AUG 2020 REAL ESTATE JOURNAL 13
PERSPECTIVES COVER PROFILE Embracing opportunities for Weight Award, REINSW’s highest were seeking for their family, including growth accolade for service to the industry, a more relaxed, affordable lifestyle and After eliminating other possible career in 2010. more time to spend together. After paths, Michelle decided that working Meeting Sandra at an REINSW seminar working in Sydney for most of her career, in the real estate industry was the best inspired Michelle to join the Property Michelle admitted she was surprised way to follow her passion for housing Management Chapter Committee. by some of the new challenges she and design. She landed a role as Seventeen years on, she’s still volunteering faced as a property manager working a receptionist in a real estate office her time as a member of the Chapter in a regional area. as soon as she finished high school, Committee and is currently serving her “To be honest, I think I was a bit naïve and it quickly became clear that she’d second term as Chapter Chair. about how different things would be made the right career choice. “Honestly, I get so much more out working outside of Sydney,” Michelle “When I was at school, I was really than I put in,” Michelle explained of said. “For example, the difference in interested in design, particularly houses,” her years of service on the Chapter the market was greater than I expected. Michelle explained. “I loved looking Committee. “As a Committee member, There was less competition for properties at floor plans and was interested you’re across ever-changing legislation and the challenges I was faced with in architecture. and what it means for agents. as a property manager shifted from “I started thinking about what else “Personally, I find legislation really working with highly-demanding clients I could do that included some of this interesting, though I know it can be to a greater focus on affordability, passion and interest – and that’s how challenging for some property managers. with issues more frequently being I came to real estate. Being in a position to help others resolved through the NSW Civil and “I knew early on that sales wasn’t understand and implement the law is Administrative Tribunal.” going to be for me, but I was really something that I find very rewarding.” Four years after moving to Lake drawn to property management. I love In addition to being a Senior Property Macquarie, Michelle landed her current that a key part of property management Manager at Leah Jay, Michelle is also role at Leah Jay, which she says has is focused on building long-term the agency’s Compliance Manager. Her renewed her passion for her career relationships with both landlords and keen interest in legislation and reform is – and she’s ready to take on bigger tenants. They each have very different a core part of her role, which involves the challenges again. needs and you must be in tune with implementation of training, policies and “It’s a nurturing and supportive these to provide a great service to both. procedures for any legislation changes environment, which makes a huge When you get the balance right, it’s and ensuring all property managers in difference to how everyone in the incredibly satisfying.” her team understand their obligations. business operates,” she said. “The By the age of 20, Michelle was “I believe mentoring is incredibly support I’ve received working with managing her own portfolio and had important,” she said. “Mentoring Leah Jay herself is a big part of the her sights set on the next challenge. people who are new to the industry reason I became Chair of the Property “I was determined and always looking helps them to be successful on their Management Chapter Committee for growth opportunities,” she said. “Early chosen path and is an important part and have continued on for a second in my career, it wasn’t always easy to find of professionalism. At the end of the term. It’s given me my confidence and opportunities for progression. So, I took day,it’s all about helping the industry energy back, which has changed the on varied roles, in bigger agencies with improve, so everyone coming through way I approach every aspect of my bigger rent rolls, to get the step up and is the best agent they can be.” work and life. take on the increased responsibilities In addition to the mentoring she “Having worked in offices with a poor I was hungry for.” already carries out, Michelle would like culture, I value the positive environment to extend her formal qualifications to we have at Leah Jay. We all work Satisfaction in service include being able to provide training together to support each other. There’s Very early on in her property management for a wider audience of agents. real empathy and understanding.” career, Michelle crossed paths with While the move to a regional area Sandra McGee. Widely acknowledged A change of pace threw up some initial challenges, Michelle as one of the foremost professionals Eight years ago, Michelle and her family said she’s never looked back. The in the property management sector, decided they wanted a change of pace benefits for her family over the past Sandra has been a valued member and moved from the Sutherland Shire eight years, combined with her renewed of the REINSW Property Management to Lake Macquarie. sense of purpose and passion for the Chapter Committee for more than two Living in a regional area delivered all industry, has made the change of pace decades and received the Woodrow the benefits Michelle and her husband completely worthwhile. 14 REAL ESTATE JOURNAL JUL-AUG 2020
Mentoring people who are new to the industry helps them to be successful on their chosen path and is an important part of professionalism. At the end of the day, it’s all about helping the industry improve, so everyone coming through is the best agent they can be. Career insights Leading by example Michelle shares her tips for building a strong and thriving career as a property For Michelle, who recently completed a Diploma in leadership manager. and management, the most important thing she believes she can do as a leader is to be approachable. 1. Keep learning “I believe a good leader is open and approachable,” she There's always something new to learn explained. “You never want people to be hesitant to come to you. and you need to continuously commit “I’ve also learnt that there’s no one-size-fits-all approach when the time and energy to improving your it comes to leading people. Everyone is different. The best thing knowledge and growing your skillset. you can do is try to understand the person in front of you and their 2. Be adaptable situation, and be adaptable. There’s absolutely no value in having Being open to new situations and a ‘your way or the highway’ attitude, as it doesn’t build trust and adaptable to whatever life throws at strong relationships.” you is important and being able to see Michelle admitted that being a leader can be challenging, setbacks as blessings in disguise is but this is something she embraces. invaluable. Not everything is going to “I learn from my team and colleagues as much as they learn work out according to plan, but if you from me,” she said. “People want to be listened to. If you do this well, have passion and are willing to find then you’ll see how you can support them to grow and succeed. alternative ways to achieve your goals, “I get genuine pleasure in seeing other people succeed and you’ll get there in the end. knowing I’ve used some of my experience to help them.” 3. Be determined Nothing worthwhile is ever just handed to you, so you need to be willing to work for what you want and this takes WHY I LOVE REAL ESTATE determination. 4. Establish networks “This industry is all about people, which I love,” Michelle said. “I enjoy the Look beyond your agency to establish interaction with clients – even when it’s challenging. strong networks that span across “Everyone has a story and needs different things, and I enjoy doing what the industry and your community. I can to help both landlords and tenants. It’s satisfying to know that you’ve The wider your network, the better. placed the right person in the right home.” After working as a property manager for so long, Michelle said she can’t 5. Embrace healthy competition imagine doing anything else. Don’t be afraid to ‘share secrets’ about “I’m doing what I love,” she said. “I also really enjoy the legislation and reform how you achieve your success with side of the industry. I believe it’s important to be constantly challenged and other property managers, even if they continually learning, which is one of the main reasons I enjoy being part of the are with other agencies. The whole REINSW Property Management Chapter Committee. Playing a role in reforming industry benefits when we share ideas the industry and, together as a Committee, doing the best we can for both agents and learn from each other. and consumers is incredibly important to me.” JUL-AUG 2020 REAL ESTATE JOURNAL 15
PERSPECTIVES AGENCY PROFILE Thriving through adversity By HEDGIE GUNDRY Established in the 1870s, Creer Property is one of the oldest real estate agencies in New South Wales. From a small office in Newcastle’s CBD to the number one residential sales and leasing agency in Charlestown, Creer Property has demonstrated incredible resilience, enjoying well-deserved success over the last 148 years. When cabinet maker Joseph Creer’s residential real estate agency in the shop on Newcastle’s Hunter Street suburbs. Knight Frank purchased burnt to the ground in 1872, he the commercial business of Creer decided to pursue a new career & Berkeley in Newcastle several as an auctioneer. Demand for his years ago and Creer Property is now Brendan Walsh expert services grew, evolving into proud to honour the name of the Creer & Berkeley the company Creer & Berkeley when original founder. Joseph’s son, Nelson Creer, and local “Over the years, there have been associate and Chamber of Commerce several partners and changes of member Hudson Berkeley joined him ownership, but there have always For us, it's important in business. Joseph Creer went on been strong relationships between to become Mayor of Newcastle in 1881 the people who owned the company,” to take a very honest, and the company has been in strong Brendan said. “And even though our transparent and hands ever since. roots are heavily entrenched in the “There’s such a connection city, Creer Property is today firmly upfront approach to between Creer Property and the established as the residential real real estate, without Newcastle landscape,” Brendan estate agency of choice within the Walsh, Partner and Sales Manager suburbs south of Newcastle.” over complicating at Creer Property, explained. “All of the process. the main land subdivisions we see No-nonsense approach today such as Kotara, Hamilton and Brendan joined Creer Property Mereweather were all auctioned, 12 years ago with a long background marketed and sold by Creer & Berkeley in real estate, having always viewed throughout the early 1900s.” the agency as the benchmark In the late 1980s, Creer & Berkeley in the area. Today Brendan and expanded further into residential longstanding partner Craig Nealon sales and established a second are joint owners of the business. office in Charlestown. Senior According to Brendan, Creer Partner Richard Stanton’s efforts Property’s success is firmly rooted in securing the contract to sell 450 in the agency’s history, traditional blocks of land, which is now known values and no-nonsense approach. as the Lake Macquarie suburb of “What sets us apart is that we Lakelands, helped cement Creer remain true to our traditional values & Berkeley’s reputation as a leading of working hard, being respectful, 16 REAL ESTATE JOURNAL JUL-AUG 2020
looking after each other and going we’re in front of the curve and armed above and beyond, not only for our with the latest economic and market clients but also the wider community,” information, which we then pass he said. “We know that if we hire on to them in a supportive and non- genuinely good people, then they are alarmist way. We openly discuss the naturally going to look after our clients measures we need to put in place to in the right way. help our team educate our clients to “For us, it's important to take make the best decisions at this time.” a very honest, transparent and upfront approach to real estate, without over Community complicating the process. Newcastle Not surprisingly, Creer Property has people gravitate towards others who always been heavily involved with are straight-up, know what they’re the local community and contributes doing, work hard and say it how it is. in numerous ways, sponsoring local And for 148 years that hasn't changed.” sporting teams, fundraising for large charities and donating to a wide Impact of COVID-19 range of worthy causes. Like all real estate agencies across “There’s a huge community New South Wales, Creer Property element to working at Creer Property has been impacted by the global and everyone is encouraged to Coronavirus pandemic, with the play a role, large or small,” Brendan agency continuing to trade under said. “Whether it’s competing in very different circumstances. ultramarathons to raise money for “It's definitely been a challenging Ronald McDonald House or handing time,” Brendan said. “Like everyone out water at a kids footie game, our else, we’ve had to review our numbers work has always meant more than and adapt very quickly, based on just turning up and doing our jobs. the latest health and government “We’re big on everyone doing advice. We had to reduce our hours, something. It’s not about raising put safety measures in place and money all the time. It’s about showing restructure our environment, so our up and taking time out to help in any team could work from home but still way we can. We’re proud to say that service their clients. this is a core part of our culture.” “Our volume of sales has definitely dropped, but at this stage pricing The future remains steady. Thankfully for us, our Despite the tough economic road rent roll continues to be exceptional.” ahead, Brendan remains extremely positive about the long-term outlook Maintaining team morale for Creer Property. During these unprecedented “We take our role as real estate times, Brendan and Craig have agents very seriously and are been focused on maintaining team fortunate to be the agent of choice morale with clear communication for many people in our area,” he said. and transparency. “A property is generally someone’s “Creer Property was born out biggest asset and we need to make of adversity and Newcastle itself has sure we’re fully informed to be able been through periods of downturn to offer the very best advice from and uncertainty over the years,” our experienced team. Brendan said. “Craig Nealon has been “We’re looking forward in business for almost 40 years and to upholding our standards, has traded through tough economic maintaining our history and making times before. And our Chief Financial sure we’re always acting in a way Officer and our Accountant are both that’s respectful to where we’ve outstanding and consistently provide been and where we’re going. We’ll us with invaluable advice. continue to improve and build “We’re able to make sure our on our service offering now and team are engaged by making sure into the future.” JUL-AUG 2020 REAL ESTATE JOURNAL 17
PERSPECTIVES Q&A For Leon Axford, Director of Axford Auctions, winning the Auctioneer category at the 2019 REINSW Awards for Excellence was a highlight of his career. A deserving recipient, Leon is one of the best in the business, conducting over 500 auctions a year covering residential, commercial, industrial and retail real estate. Did you always want to work But it’s not just a performance. in the real estate industry? To be successful you need a really good Coming from a family of accountants, framework. You need to understand the I was keen to follow in their footsteps. sales process and how to negotiate. You But, after a few years studying need to be able to read body language, accountancy at university, I realised understand buyer psychology and pull the it wasn’t for me. right emotional triggers. There's a lot to it. A friend of mine, who was a strata For me, the best auctioneers are the manager at the time, encouraged me ones who have a natural ability to react Always to consider real estate. After attaining quickly and can effortlessly control a crowd. my Certificate of Registration, I received two job offers – one residential and one What do you enjoy most about commercial. The commercial role allowed your job? striving me to continue playing rugby and baseball I love that no two auctions are the same. on the weekends, which was important Obviously, there are similarities and the to me at that age, so I took the job. goal is to sell the property. But, even I joined the industry in late 2010, when you think you know what's going a couple of years post-GFC, when the to happen, it doesn’t always work out market was really tough. It was a hard that way – and that’s the exciting bit. time to cut my teeth and learn how By HEDGIE GUNDRY to negotiate, but I really enjoyed it. What’s the most interesting situation you’ve come across during an auction? Why did you specialise When I first started auctioneering in auctioneering? in Western Sydney, I soon realised In 2011, I attended an auction in there were lots of the same developers a warehouse being sold in Wetherill at each auction. After a while, Park. While I’d watched auctions they started to get to know me and on TV, I’d never actually attended were beginning to work me out. one – and I just thought it was amazing. At one particular auction, one of the I wanted to work out how to do it, so bidders became particularly heated I jumped online and found the REINSW and threatened to shoot me. But Novice Auctioneers Competition, which as a young auctioneer, I refused I entered in 2012. I won the Parramatta to be bullied. I simply said the & Hills Division Heat and went on to more you talk, the longer I’m going the State Final. Though I didn’t win, to take. And I slowed the auction it was enough to secure my first role right down to try and get the highest at an auctioneering firm. price I could for the seller. In the end, the bidder who threatened What are the key skills needed me won the auction and, only a few to be a successful auctioneer? weeks later, asked me to sell one Anyone can become an auctioneer. of his properties. I had to laugh when Once you’ve completed your he turned around and told me not accreditation, you can call an auction. to drop the hammer too quickly. 18 REAL ESTATE JOURNAL JUL-AUG 2020
Who do you look up to in the real estate industry and why? There are a number of people who I look up to. Phil McGoldrick is an auctioneer over in Christchurch and he’s one of the very best. I could sit and listen to him talk about auctioneering all day. Cathy Baker, from Belle Property on the Central Coast, is also one of my inspirations. She is so far ahead of the game, especially in the way she communicates with her clients. I really admire the way she conducts her business. I also really respect one of my clients, Greg Windel, a Co-Director from Ray White Hornsby and Ray White Upper North Shore. Again, I just enjoy listening to his opinions on the industry and life in general. And the same is true of Phillip Starr, Principal of Starr Partners Merrylands. I look up to a lot of different people in the industry and many of them are the quiet achievers who do epic things. What’s been the highlight of your career so far? Seeing my clients enjoy success – week in, week out – is an ongoing highlight, because that's my core business. On a personal note, winning the Auctioneer category at the 2019 REINSW Awards for Excellence was a high point, as it had been a goal of mine as soon as I started my auctioneering career. Making the final of the 2019 Australasian enjoy. When we get the chance, going Everybody has to buy into a common Real Estate Institutes’ Auctioneering out to lunch with my wife is always goal or you'll never develop chemistry Championships was also a major special. I used to be a big runner, and deliver the best results. achievement. and last year ran two marathons and a 50km bush trail. But I’ve now had What’s the best advice you would What are your goals for the next enough of running. I’ve just bought give to someone just starting out? 12 months? a bike, so I’m going to give cycling a go. If you think auctioneering is easy, Naturally, I want to continue to deliver it's not. It's a lot more in depth than for my clients. That's my core focus. Is there a phrase you live by? many people realise and you need My secondary focus is a personal one, There's one quote from Nick Saban, to work extremely hard. You need which is to get back to the Australasian coach of the Alabama Crimson Tide the desire to be the best, but also Real Estate Institutes’ Auctioneering college football team in the US, that the humility to ask people for help Championships and do everything has stayed with me for years: ‘Mediocre and advice. I still do this. I was talking I can to win. people don't like high achievers and to Justin Nickerson, the Australasian high achievers don't like mediocre Auctioneering champion from When you’re not at work, how do you people.’ Brisbane, only this morning about like to relax? I think this is spot on, as I’m never a few different things. Relaxing is not really big on my list satisfied with mediocre results. You see Never stop learning or be with a three-year-old son! We spend this play out in a lot of businesses, so comfortable with the status quo. a lot of time together, which I really it's also about building team chemistry. Always try to be better. JUL-AUG 2020 REAL ESTATE JOURNAL 19
WELLNESS LEADERSHIP Courageous self-leadership By HEIDI DENING Real estate agents have endured a mountain of pressure in recent months due to the uncertainty, change and stress brought on by the COVID-19 pandemic. Here’s how you can embrace self-leadership to turn that pressure into performance. In times of adversity, when overwhelm raises its than ever if you want to bend, rather than break, ugly head, focusing only on what we can control during these high-pressured times. makes a real difference to our ability to cope. Resilience means you can recover from Of course, this is easier said than done. But, adversities, bounce back after setbacks and if you want to turn the daily pressures you’re keep moving forward in a positive way. experiencing into productivity and performance, Imagine that your resilience is a bucket it’s a skill you need to work on. and the water in that bucket represents all When life feels out of control, it takes great your strengths and capabilities. Self-leadership self-leadership to continue to put one foot When life is good, your bucket feels strong in front of the other. To navigate successfully and sturdy. You know those times. It’s when is about sitting out of this tough environment, you need to property is selling faster than you can find in the driver’s embrace self-leadership skills. Why? Because, it. Tenants aren’t continuously calling you unfortunately, no one’s going to do it for you. with annoying issues. And you feel like you’re seat of your life I’ve learnt this the hard way. I’ve transformed effectively juggling all your responsibilities, and having the my own setbacks. A paralysing illness, where both professionally and personally. I lost the use of my legs. A kidnapping But, unfortunately, when life gets a little courage to keep at gunpoint. Tsunami terror. And narrowly wobbly (as it has been in recent months), moving forward – escaping being burnt alive when petrol your bucket can become vulnerable. Little bombs were thrown at my room. One thing holes start to appear, and your strengths even when times I know for sure is that “if it’s going to be, and capabilities start to leak out. are tough. it’s up to me”. Work is hard when you’re not physically and mentally at your best. You might feel Transforming pressure into performance lethargic or have trouble focusing. You may When your resilience is low, it’s very hard to make some poor decisions or silly mistakes. perform at your best and when there are so Or you could become teary or cranky over many extra pressures on top of life’s normal nothing and find yourself lacking motivation. ones, it can be difficult to cope. That’s why Do you know how these uncertain improving resilience is now more important times are actually impacting your levels 20 REAL ESTATE JOURNAL JUL-AUG 2020
of resilience? Take this short three-minute quiz to find out: heididening.com/bucketquiz TRAITS OF SELF-LEADERS 1 And when these challenging times start to create holes in the buckets of your real THEY ARE OF SERVICE estate business, you lose your best people, Do you genuinely go out of your way to help your colleagues waste hard-earned revenue, damage your to cope better? What are some of the little things you can do? brand and miss profitable opportunities. Can you: • Help set up the technology that’s now needed for someone who’s Building resilience not as technically savvy as you? As a real estate professional, it’s important • Have an R U OK conversation every day with someone in your team? that you find ways to habitually incorporate • Email a link to an article that’s light and fun, and will bring resilience-building activities into both your a moment of relief? 2 professional and personal lives. Here are three examples that will help THEY LEAD BY EXAMPLE you to improve your performance, despite Are you walking your talk and being the professional that the daily pressures you’re experiencing. others look up to because of your calmness, smarts and • Be still – When stress levels are at an vision for the future? Remember, actions speak louder than words, all-time high, it’s important to take 10 so consider how you’re appearing to your colleagues. Make sure: minutes a day to simply be still. Sit in • You don’t verbally catastrophise about the current situation. silence, do some deep breathing, listen • You provide at least one optimistic view about the future of the to a mindfulness app, pat the cat or soak real estate industry. up the sounds of nature. • You proactively keep yourself healthy by displaying social distancing and handwashing, and take time out so you don’t burn out. 3 • Move more – This doesn’t have to be a hard-core cross-fit workout. It could THEY LISTEN INTENTLY just be a gentle stretch in your lounge During these ever-changing and uncertain times, are you room. The key is to keep your body moving. mastering the art of being present and really listening to the Take the dog for an extra walk or download challenges, concerns and stories of the people around you? What we a free fitness app and workout in your know is that ‘being heard’ is something most of us want in this world. lounge room. Make sure you: • Laugh out loud – It’s very easy to feel • Don’t speak to someone on the phone while you’re scrolling overwhelmed with the mounting pressure through your emails. this ‘new normal’ brings. Do you have • Check in regularly with team members who are working from home. a funny person in your life that you could • After a conversation, repeat back what you’ve heard to make sure have a three-minute chat with because it’s correct. 4 you know you’re guaranteed to laugh out loud with them? Or perhaps you can follow THEY ALLOW THEMSELVES TO BE FALLIBLE someone on social media? I personally love No one likes a know-it-all! It’s OK to: Celeste Barbour and she certainly makes • Admit that you don’t have all the answers. me laugh out loud every day. • Acknowledge that things are changing quickly in the real estate Self-leadership is not something you industry and that a good decision you make today could can outsource. You’ll not find a category be a wrong one next week. on Upwork or Airtasker, nor can you delegate • Say out loud that you’re concerned with the current situation, it to a team member. Self-leadership because people trust those who are honest and transparent. is about sitting in the driver’s seat of your life and having the courage to keep moving forward – even when times are tough. As we’ve heard time and time again: “This too shall pass.” But if you want to HEIDI DENING fast-track your performance and be the is a speaker, educator and author of the best-selling self-leadership go-to professional that your customers book Her middle name is courage – How self-leadership transforms trust, then embracing self-leadership pressure into performance, chaos into clarity and rage into resilience is your first step. JUL-AUG 2020 REAL ESTATE JOURNAL 21
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