Archive for the ‘ray white sales’ Category

2011 has been a year of spectacular growth for the Ray White Group. We have welcomed a new office every 10 working days; culminating in 20 new businesses joining and starting up across the country. We have also effectively had 10 new business owners purchase existing Ray White offices.

Our Group stands at 131 offices with just over 1,180 salespeople, 220 property managers and 145 administrators. This year our sales turnover increased by 12%, which saw us transact $3.895 billion in property sales. Our property management portfolio has grown beyond 14,000 and our market share, particularly in the last quarter, has shown good growth across many of the areas we trade.

The number of sales that will occur within the industry will be 58,000 for the year and will be in line with 2010. The amount of property that has been marketed for sale has dropped by 10% during the year. This has effectively resulted in lower days on market and price increases across most centres throughout New Zealand. Productivity levels for our top 20 businesses increased by 23.8%. There was one interest rate reduction of .5% in March. The official cash interest rate has remained at 2.5% during 2011 and is expected to remain at the same level throughout 2012.

During the year we remained committed to the three pillars of our business growth, being marketing, personal skills and growth. Our marketing platform has seen us redesign our online presence and we have applied a number of superior applications which sees us continue to lead the industry.  Personal websites were also introduced during the year.  We have rebranded our marketing through the media to present further enhanced property presentation. This is now fully integrated with all publishers.

The growth of the company has been evident with the number of new offices that have joined and there have also been several high profile salespeople join Ray White from other companies.

Within this year’s Christmas message we make reference to the significant events that occurred in 2011 throughout New Zealand. To our people and their communities who have been affected by these events, we pay tribute to you.

Our Group will finish the 2011 year in very good shape. The industry continues to polarise.  The significant reinvestment that is required to be a leader in this market is our commitment. 2012 will be a year of continued growth as we enable our plan for genuine leadership.

On behalf of the Ray White corporate team and the White Family, we wish all of our members and their families a relaxed Christmas break and look forward to a successful 2012.

.

The real estate market continues to show improved signs for all sectors within property sales on the strength of the continued low Official Cash Rate of 2.5%, steady immigration numbers coming toNew Zealand linked with the recent election that saw the National Party return to government with an increased majority.

Prices have continued to firm, particularly across Auckland where the average sale price has lifted during the past two months and is now $475,000 which is a lift since the beginning of the year of just under 4%. The numbers of sales also across Auckland have remained consistent during the past three months to be just below 2,000 per month and we expect this trend to continue throughout the final months of 2011 and during the first quarter of 2012.  What has been of interest is the increasing amount of property that has been marketed by auction, which is at a record high of 26.4%. Across New Zealand the sales numbers have also remained just above 5,000 per month and the average sale price has increased from $340,000 at the beginning of 2011 to $359,000 in October 2011.

It is now forecast that the Official Cash Rate will remain at 2.5% at least until September 2012. This will continue to give confidence to first home buyers and investors and this in turn will keep the market remaining active in the second and third home buyer areas.

The recent capital valuations received by property owners throughout Auckland are a definite reflection of the continued activity that has occurred in certain areas of Auckland and also those properties within the $500,000 to $1 million price bracket.

The outlook for property prices over the next period remains strong; with lower days on market and an active buyer pool this should continue to drive sales across all markets.

.

Wellington City Real Estate Ltd has this week joined Australasia’s largest real estate group, Ray White. The office located in Taranaki Street is an award winning office under the leadership of business owner Vicki Collins.

In making the change to Ray White, Vicki said “The Ray White Group provides industry leading technology and gives us the ability to be able to communicate successfully with our community. Our office has a team approach to our real estate success and in our considerations of partnering with Ray White; we made the decision that in offering the finest service to our clients that we would also offer Australasia’s leading real estate brand.”

Wellington City Real Estate Ltd has a sales team of 14. The team have consistently been awarded for their high quality service and this is reflected in the number of sales they  achieve throughout the marketplace.

Carey Smith, Chief Executive of Ray White New Zealand, said that in welcoming Vicki that her team approach to real estate was certainly a successful model. “There is a good mixture of youth, enthusiasm and experience which now makes up the dynamic team for Ray White in Wellington City.” He also said that Vicki’s leadership and drive for success is widely recognised and that transfers to her business as she sets the highest standards for her office.

 Ray White Wellington City provides services in residential sales, property management and commercial leasing. Their office website provides information on their current listings, properties available for rent, investment properties and information on preparing your home for sale and details of the Wellington City area.

For further information please contact Vicki Collins on 0275 389 574  or visit their website at rwwellingtoncity.co.nz.

.

The Ray White Group next week welcomes a further three new offices; being Wellington City, Cambridge and Pt Chevalier in Auckland. These offices add to an already record number of offices that have joined the Ray White Group during 2011.

Offices that have joined the Group during the year include Bream Bay, Dargaville, Hamilton City, Manukau, Matamata, Mt Albert, Napier, Orakei, Sunnynook, Swanson, Tutukaka, Whangarei and Unlimited in Christchurch.

To see the list of new offices for 2011 please click here.

Carey Smith, Chief Executive of Ray White New Zealand, said “The record number of offices joining the Group in 2011 was directly attributed to the growth activities of the company.  The real estate industry from an agency level is becoming more polarised; the requirements from business owners, salespeople, property managers and expectations from vendors are now much higher than they have ever been. We would attribute part of the growth directly to our industry leading technology and our continued ability to be able to resource our group to maximise returns for each of the stakeholders, including vendors, who entrust Ray White.”

The Ray White Group in New Zealand now stands at 133 offices and with the opening of Cambridge, Pt Chevalier and Wellington City next week, the Group will have added a new office every three weeks during 2011.

.

Ray White Hamilton City officially opened last week to a gathering of close on 150 people, who celebrated Sue Hall and her business partner Richard Jacobsen opening their new Ray White office on Mill Street. During the evening there were a number of speeches held which reflected on where the business was today in such a short period of time.

The Ray White Hamilton City office now has over 40 listings and has completed eight sales in its first month of trading.

Sue Hall, the co-owner of the new Hamilton City office, said that it was a proud moment for her to have many of her friends and clients attend the opening of the new office. She went on to say there has been great confidence from her existing clients to support the business and this has resulted in a new property listing being taken every day for the office. She also commented that to have the support of her business partner and six experienced salespeople already was ahead of her expectations.

Carey Smith, Chief Executive of Ray White New Zealand, said that the new Hamilton City office was a watershed moment for the Group. “Sue Hall is one of the highest achieving individual salespeople in New Zealand and to have her on board with Ray White will not only give a great lift to our company but also to her new office.”

To see the opening night speech from Carey Smith, please click here.  Information regarding the new Hamilton City office can be seen at rwhamiltoncity.co.nz.

.

Each year the Ray White Group provide exclusively to our vendors marketing opportunities through our key partners the New Zealand Herald, Property Press, Suburban and Outlook.  These media partners, in conjunction with Ray White through our individual sales members offer a range of incentives for all vendors who are currently listed or who are considering listing with a Ray White Group member.

These marketing incentives are in place over the first two weeks of November and are available for any individual property that is promoted through a Ray White  media partner.

For further information please contact any individual Ray White salesperson, who will provide full details of the marketing incentives available.

.

The Ray White Group is pleased to welcome our 131^st office, with the re-branding of Allens Tutukaka to Ray White Allens Tutukaka. The office is the only real estate agency in the Tutukaka and Ngunguru region and has been trading for just over 7 years.  The office holds almost 70 percent of property available within the region.

Leading salesperson, Peter Vink, said the Tutukaka Coast is a special location that has always had a high attraction particularly for Aucklanders, being just under two hours in travel and providing a relaxing family environment to enjoy. In regards to the re-brand to Ray White Allens, Peter said the marketplace had already reacted positively and that he personally saw opportunity for his buyers and sellers to utilise the Ray White marketing system, both online and through print media, to attract more awareness about the Coast and the property available.

The Ray White Allens Tutukaka office is part of Goode Leith Realty Limited. Peter Vink and Chris Windust are available to be contacted on 09 434 3034, with their properties being displayed through their local website rwtutukaka.co.nz.

.

The Ray White Group, in partnership with Allens, is proud to announce the opening of  Ray White Allens Bream Bay.  The office is located directly across the road from the waterfront on One Tree Point Road.

The coastal strip of One Tree Point, Marsden Point and Bream Bay have seen continued development over the past years that has provided growth for housing construction in the owner/occupier and holiday home sectors. The area has a mixture of pricing for established property, with an average sale price of $355,000.

The Ray White Bream Bay office has several exclusive listings currently available and these can be seen on the website rwbreambay.co.nz.

Co-director of Ray White Allens Bream Bay, Allan Sykes, said that the Bream Bay office will benefit from its rebrand to Ray White Allens, giving vendors a broader reach into the marketplace through wider exposure within the Ray White Group. “It is a wonderful area to live and we have Allan O’Shannessey and Tina Subritzky, who are both highly committed salespeople, in the local marketplace.”

To contact the new Ray White Allens Bream Bay Office please phone  09 433 0334.

.

Bill Tunzelmann, who is an experienced rural licensee salesperson, has made the decision to move into business ownership with the Ray White Group in Matamata.  The new office is due to open in the next week and is located in Tainui Street in a high profile location.

Bill Tunzelmann has a well deserved reputation in the economic rural sector of the Waikato.  Formerly with PGG Wrightson, Bill has been recognised as one of PGG Wrightson’s leading salespeople with a career in real estate extending over many years.

Bill Tunzelmann said that he is excited by his move to the new Ray White office in Matamata.  “Our new business will be dual branded as Ray White Rural and also Ray White. I will continue my personal sales of economic units through the Ray White Rural office at Matamata and also plan to build an extensive sales team in residential that will be part of the business.”

Carey Smith, NZ Chief Executive of Ray White, said that the new office in Matamata is an exciting opportunity for the Group. “The new franchise owner Bill Tunzelmann is highly experienced in the rural area of real estate and he will bring a new dimension to the Group with his extensive database and knowledge of rural.”

The new office will also be conducting residential sales and the team is to be headed up by Nerrida Schuler.

The new Ray White Matamata office is expected to be open by 1^st October.  Bill Tunzelmann can be contacted on 021 489 571 or bill.tunzelmann@raywhite.com.  Nerrida Schuler can be contacted on 021 424 711 or nerrida.schuler@raywhite.com.

.

Ray White is pleased to welcome one of the highest performing licensee salespeople in Hamilton – Sue Hall – to the Group.  Sue and her business partner, Richard Jacobsen, have joined the group as franchise owners for their business known as Hamilton City and which is located on Willoughby Street in Hamilton.

Sue has an extensive background in real estate, with 14 years of experience in dealing with properties in and around the Hamilton area. Sue was not only the No1 sales consultant for the Harcourts Hamilton group but was also consistently ranked as one of the top 20 sales agents for Harcourts in New Zealand.

In joining the Ray White Group with her own office, Sue said this was a natural career step that she has been considering for some time. “Being able to own our own business is something that we have been working towards and with the assistance of Ray White, we have been able to achieve. I have been fortunate to have a high performing real estate career and this has given me the step up into office ownership.”

Richard Jacobsen, who is co-owner with Sue Hall, said “Opening a new office with Ray White will enable Sue to share her skills in leadership and sales amongst a high performing team. We are thrilled to be part of the Ray White Group and with their systems, technology and back up, we are sure to be able to make a success of this business.”

Carey Smith, NZ Chief Executive for Ray White said that “Sue Hall in her time in real estate has achieved numerous accolades and is recognised as one of the top performers of the industry. Her level of skill, knowledge and dedication to the industry has seen her achieve the highest levels.  Sue and Richard join us as co-owners and they are an exciting addition to our growth in the Hamilton region.”

Sue has a team of three who continue to support her ongoing listings and sales. The new office is currently being fitted out and is expected to be open for trading from 1 October 2011.  In the meantime Sue Hall is now listing and selling property and can be contacted on 0800 783 425 or sue.hall@raywhite.com.

.