Archive for the ‘new offices’ Category

The Ray White Group is pleased to announce the pending opening of our new Sunnynook branch on the North Shore of Auckland.  Business owner Tony Scheirlinck will be opening the office in early October in Sunnynook Road as part of a new development currently being completed.  The office is located at the front of the development and will be a state of the art fit-out that houses the latest displays for viewing property and the integration of the Ray White technology platform for salespeople.

Tony Scheirlinck, who is currently the co-business owner of Ray White Northcote, said the office in Sunnynook is a natural expansion. “The area is a diversified in property, with Sunnynook being one of the growth areas on the North Shore with the establishment of the transit bus link.”

Carey Smith, NZ Chief Executive of Ray White, said that the opening of a new office at Sunnynook was exciting. “Tony is one of our key leaders in the group who has demonstrated ongoing enthusiasm to grow his business and the new office fits in perfectly. We have a well established business on the North Shore and the addition of Sunnynook will continue to grow our market share and provide the only real estate office in the Sunnynook area.”

For further information regarding the opening of Ray White Sunnynook please contact Tony Scheirlinck.

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Please click here for CEO Comments that are now posted for August 5, 2011

Past comments are filed here under Previous Comments.

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On 1^st July 2011 Re/Max Leaders in Christchurch became Ray White Unlimited Christchurch.  In a time of considerable upheaval in the Christchurch property market, the move by Re/Max Leaders to rebrand their leading South Island agency to Ray White has seen the Ray White Group grow in Canterbury by an additional 26 salespeople.

Rod Corbett, director of the new Ray White Unlimited Christchurch office said that the move away from Re/Max was undertaken in the best interests of the sales team.   He said “The commitment to continue in Christchurch was unquestioned and that the future for the office to be part of a vibrant business to provide a platform to the next level and also to be part of the number one agency throughout Australasia were key reasons for their decision to change to Ray White.”

The business located on Stanmore Road in Linwood has always had a considerable advantage.  The individual salespeople are dedicated professionals who have, particularly during the past period, taken on the challenges of the marketplace and been able to assist the community to move forward with confidence in their real estate making decisions.

Carey Smith, Chief Executive of Ray White New Zealand, said that the new Ray White Unlimited team, headed up by Mike Wilson, sales manager, will provide Ray White with additional marketplace strength and credibility.  “Our Group is positioned as one of the market leaders in Christchurch and the vote of confidence of the management team to join Ray White has allowed the Group to consolidate its position in Christchurch and the broader Canterbury region. With the team coming on board, it will add a large amount of current listings which will give clients and customers of Ray White more choice in their property considerations.”

For more information regarding Ray White Unlimited Christchurch please see their website or contact the sales manager, Mike Wilson, at mike.wilson@raywhite.com or 0274 320 333.

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Nathan Buxton, who has been a consistent high performer with the Ray White Group, has opened a salesperson satellite office in Swanson under Buy West Realty Limited.

Nathan has always had a high client satisfaction rating. His honesty, enthusiasm, local insight and innovative marketing are the key to the reasons why he has decided to open a satellite office in Swanson.  Nathan said that having the satellite office in Swanson will allow him to focus his energy on the core trade area of Swanson and Bethells Beach.  “The premises will give a local identity to Ray White and that will in turn allow me to optimise sales results from the office.”

Carey Smith, Chief Executive of Ray White New Zealand, referred to Nathan opening the office with Buy West Realty as being a break through. “The commitment of an individual licensee salesperson has never been more evident than with Nathan’s decision to open this satellite office.  It demonstrates a high level of service orientation to the local market which is matched by Nathan’s enthusiasm and level of engagement.”

The office is run and licensed under Buy West Realty Limited as a member of Ray White.

The Ray White Group is pleased to announce the opening of Ray White Manukau City located on the corner of Great South Road and Te Irirangi Drive in high profile Westpac named building inManukau.  The office is under the Mountfort Group, with the leader of the office being Mark Te Whare. Mark continues to have a distinguished career in the real estate industry after spending five years in Brisbane with Ray White as a senior auctioneer and then joining Ray White New Zealand three years ago to undertake the role of National Chief Auctioneer. Mark has taken the step into business leadership through the Manukau franchise.  The team joining Mark are high profile performers including Adam Thomson, Garrick Smart, Levani Lum-On, Mandeep Gill, Chanelle Breeze and Gabriel Tuhoro.

Carey Smith, Ray White New Zealand Chief Executive, said he was thrilled to have Mark and the team on board in Manukau. “The Ray White Group is considered a market leader in South Auckland and the addition of Mark and his team joining the Group in Manukau will add to that presence.  I expect the business will be dynamic given the individuals involved and will also have an accent on auction marketing.”

The business will continue to grow in the foreseeable future, with additional services including property management, financial lending and utilities.

For further information on the Manukau franchise please see their local website.

The Ray White Group is pleased to announce the opening of a new office in Napier (West Quay area).  The new office is located on Lever Street in Ahuriri directly opposite the Quay area.  This area is also home to other well established names and a growing number of restaurants and eateries.  The office is under the ownership of Phil Hogg and Virginia Wilson, who are high performing salespeople in their own right.  They have established the business on the basis of their own profile and this has already created a number of new listings for the office.

The Napier region is well known for its diversity of property from the areas of Napier, Taradale through to other regions of the Hawkes Bay including Havelock North and Hastings.  The diversification of property, particularly in Napier, takes in the waterfront through to residential housing as well as small lifestyle properties. The Napier area has a population of 60,000 people with just over 24,400 rateable properties.  The average sale price for the region for residential houses is $315,000 with approximately 80 sales on average occurring each month.

The new office has commenced trading and Phil Hogg commented that he believed the office location would be of benefit to clients and customers.  He said “We intend on having the office utilised as an auction venue and this should create good interest in the local prices for the area.”

Chief Executive of Ray White Real Estate, Carey Smith, said he was delighted to have Phil and Virginia on board.  “They will pave the way for new energy in the real estate market through the region and given their previous successful sales, this will stand them in good stead for their business ownership in Napier.”

The office can be contacted through the website www.rwwestquay.co.nz.

Ray White City Apartments have been the undisputed leader in the CBD residential field for three years.  They maintain a consistent market share of 25% to 30% in apartment sales and have just over 700 properties under management with Chas Wilson Rentals.

This week we are pleased to announce a significant merger which will further enhance the market share of Ray White City Apartments.  The long established agency of Roebucks has merged their sales division with Ray White City Apartments.  This will grow the overall sales team to 41 and increase the current listing portfolio of Ray White City Apartments.   Ray White City Apartments and Roebucks will continue to operate their property management businesses as they do today, with the only change in the property management being the branding.

The current premises of Roebucks will continue to be utilised by both companies, however it will be re-branded in the Ray White livery.

Principal Officer of Roebucks, Brad Roebuck, said “The merger of our sales division with Ray White will ensure that the market share that Roebucks had successfully built up over the past three years is enhanced.”  He went on to say that “Roebucks have a strong integrated business and with that we have built have a database which when applied to the Ray White systems will maximise its outcome.  The property management of Roebucks will remain as an independent business providing the same personalised service but we will have the border reach of Ray White for our property management business.”

Phil Horrobin, co-owner of Ray White City Apartments, said that the merger was fantastic news. “We have strived to position our business as a market leader in the area of city apartments and having the Roebucks team join, along with a number of other successful salespeople who have recently joined, will give us that lift in market share and ultimately provide a stronger presence in the area of city apartments. The new Britomart based office will allow a further 12 salespeople to become part of our team and that will give us over 40 salespeople together with a strong property management base.”

Carey Smith, New Zealand Chief Executive of Ray White, said that Ray White has always had a strong presence in city apartments.   “The merger with Roebucks is significant and will allow further growth to take place in the sales area while giving property management a boost with the presence of the Roebucks portfolio.  Ray White City Apartments is one of the top offices for Ray White in sales and this growth will see them move to the top office in their core trade area.”

For further information in regards to the merger please contact Phil Horrobin on 021 924 300 or through their website www.rwcityapartments.co.nz

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Ray White Orakei will open on Monday, 14 March 2011 through Megan Jaffe Real Estate, who is the Ray White franchise owner in Remuera.  The office is located in Coates Avenue, which is Orakei’s main shopping area.

The Orakei marketplace is one of the more diversified in the Eastern Suburbs region; for many years being home to the most expensive properties in New Zealand and also a number of original State housing properties.  The Ray White Group has held a consistently high market share in this area and establishing an office is a natural progression for the Group.

To read the full story, please click here.

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The Ray White Group is proud to announce the appointment of Kate Williams as our Central and Lower North Island Business Development Executive.

Kate joined the real estate industry in 1996 following a successful career in the travel industry.  During the past 14 years Kate has consistently achieved awards, being in the top 2% of salespeople in the LJ Hooker Group.   In 2005 she moved into business ownership through her office at Kati Kati.

Kate’s appointment is a direct result of the growth that Ray White has achieved in this region, with six new offices commencing during 2010.  Her role with the company includes the development and continued ongoing support for Ray White group members, with a focus towards market leadership in each area that the company trades.

Carey Smith, Chief Executive of the Ray White Group, said “The experience, knowledge and enthusiasm that Kate brings to the role will be a major boost for our members.  She has a great track record in succeeding in the industry and this will be directly imparted to our members.”

Corinna Mansell, Business Performance Manager of Ray White New Zealand, said that Kate’s appointment shows a growing confidence in the Central and Lower North Island market share increase.  “We have 32 businesses throughout the region and we expect to have more new offices join our group.  Kate’s experience will ensure that growth occurs.”

The first quarter reflected this confidence with 14,500 sales.  Our group market share hit a new high and this set a platform for what we felt was going to be a year that saw the industry return to better times.  In April the Government started to mute on the basis of changes to LAQCs and also personal taxation advantages.  Their dissertation behind this was to make property less friendly and steer people towards personal saving with the benefit of tax deductions and a higher awareness of Kiwi Saver. In the midst of all this came two interest rate increases.  These were minor but enough to move property into an unfriendly position and to again be questioned as to its value from an investor point of view. 

The second quarter plummeted. Sales were almost 30% down on the previous year and close to mirroring the numbers of 2008.  Our group was acclimatised to these conditions, but you got the feeling this was going to set in for some period of time.  In June we had our third interest rate rise which was enough to send the signal to the market that property sales were going to go into hibernation.  Most in the industry understand that to have buyers you need to have sellers.  Sellers come to the market when there is confidence that they can market their property to receive a satisfactory return on the price that they may have originally paid.   The lack of confidence from sellers then began to domino towards the buying market. 

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