Posts Tagged ‘ray white sales’

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.

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The July 2011 results for the Ray White Group reflected an increase in trading over the similar period last year; however was slightly down on the results from last month. The Group’s controlled listings were down almost 25% which is reflective of the shorter days on market and prices holding throughout the majority of New Zealand.

The top office for the month was Ray White Auckland Central Commercial, completing sales in excess of $16 million. The Ray White Remuera office was number two. Ray White Metro in Christchurch completed sales of $8.5 million, while Ray White Ponsonby and Ray White City Apartments also had a strong month with sales over $8 million.

Carey Smith, Chief Executive of Ray White said that the results reflected the lack of new listings which are being presented to the market. “When you look closer at the numbers, Auckland continues to show increases on last year’s turnover however there are far less properties being listed for sale. This will inevitably put pressure on prices and will also provide more buyer competition for each property actively marketed.  Also of interest is the Canterbury market where sales were at the same level as the same time last year. There are a lot less properties coming to the market in this area but the take up of stock and the reduction in the total properties available has been considerable.  Across New Zealand our results were similar to that of 2010 and while listing stock remains the driver to many key indicators, there are certainly a good number of properties turning over in the current market. The other variables that we see going forward include the upcoming interest rate announcement in September and the activity that will result from the Rugby World Cup.”

The Ray White Group has offices across the country and lists on average 21,000 properties per annum. The Group is also the leading facilitator of property management in New Zealand with 14,600 properties managed for landlords.

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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 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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The New Zealand Ray White Group for the month of October 2010 saw turnover reduce by 23% on the previous year, with trading at approximately $300 million. Other key indicators saw controlled listing stock up by 13% and auctions increase by 5%; days on market extended to 41 and the current numbers of property on the market increased by 4% to just over 14,500.

Throughout the regions – the Northland zone had a quieter month, with turnover down by half.  Year to date in the Northland area listing stock is up by 8% but turnover is down 15%.  A small decrease in the Auckland region of 7% in comparison to 2009; listing stock was down by 30% and year to date overall turnover is down by 13%.   The Central and Lower North Island had identical numbers, with turnover being down 45% on last year. The controlled stock is 1% up in both areas while auction numbers are down by 5%.  There were mixed results throughout the South Island. The Upper South region recorded a small decrease of 6% in trading however their listing stock was up substantially, almost doubling the numbers that were listed at the same time last year. In Canterbury numbers continued to be affected by the earthquake, with results being down 40% and listing stock reduced by 24%. The Southland region had an increase of over 50% and their controlled listings also increased by 19%.  Across the nation we have 134 offices with 1,282 salespeople.

New offices during the month of October included Ashburton and Methven and in Canterbury Christchurch City Living.

The Ray White Group expects to open its 135th office in Stonefields which is located in the inner-east of Auckland.

Although trading for the Ray White Group decreased through the 134 offices, the top businesses within the company increased their turnover by more than 7%.

The number one office is the newly established Auckland Commercial business which is headed up by Bruce Whillans. Bruce has been appointed to a number of substantial commercial portfolios and these have now been successfully sold by Bruce and his team.  They completed just over $34 million of property sales for the month.   The number two office throughout New Zealand and the number one residential office was Ray White Remuera.  The office completed over $23.5 million worth of sales.  The Ponsonby office was number three in the Group.  The listing numbers for this business have increased for the month. The number four office was located on the North Shore being Ray White Glenfield.  They completed a highly successful month with over 30 property sales.  The number five office was Ray White Mt Albert, having a staff of 24 on the sales team. They completed 13 auctions and 13 exclusive listings, transacting over $6 million in property sales.  Overall the top five businesses in the Group increased their turnover by 7% to trade just under $90 million in property sales.

Papamoa was the top business in the Central North Island.  Palmerston North was the number one office in the Lower North Island.  Richmond had a successful month in the Upper South Island being the top office in their zone.  In Canterbury, Lincoln completed over $6 million in sales to be the best business in that region.  Arrowtown were the number one office in the Lower South Island, having a successful month completing over $5 million in property sales.

Ray White Herald on Sunday Lift out

The Ray White  Group is pleased to present, in conjunction with APN, our 40 page property lift-out that will be appearing in the Herald on Sunday this weekend 1st August 2010. This is the seventh of our feature lift-outs and has 108 properties displayed on behalf of our vendor clients throughout New Zealand.

Alongside the lift-out we present the Ray White e-book link which is available for our agency business and their clients to distribute through to databases, family and friends. Ray White prides itself on its ability to provide innovation in marketing and also to offer value through its various marketing mediums, including media, websites, property signage and our own internal client databases.

The Herald on Sunday is the leading Sunday media and is distributed throughout the North Island with a readership of over 352,000. We welcome all enquiries to be part of these outstanding marketing opportunities.

The Ray White Group in New Zealand reported slightly lower sales last month following the first increase in official interest rates in more than a year. 

Ray White New Zealand CEO Carey Smith said while there was a four per cent increase on the previous month’s sales, the results were down 10 per cent on the June, 2009, figures. The Reserve Bank of New Zealand last month lifted the official cash rate to 2.75 per cent and Mr Smith said rates were forecast to go up over the remainder of 2010. “Our overall sales turnover would indicate that given listings are increasing and actual sales numbers are decreasing, then days on market will lengthen as will the overall success rate of property coming onto the market,” he said.  

Mr Smith said Ray White’s top office for June was Botany Town Centre, in East Auckland, which completed $16 million in sales. He said the number two office was Ponsonby, closely followed by Manukau and Howick with Kohimarama office completing Ray White’s five top NZ businesses. 

Other offices to produce a good sales month in June included Whangarei in Northland as well as Remuera, Pinehill and Royal Oak in Auckland. 

“In the Central North Island, Hamilton City, Papamoa and Bayfair recorded outstanding results while the Lower North Island zone saw Palmerston North and Taranaki complete better than expected results,” Mr Smith said. 

“The Richmond office was the leading business in the Upper South Island, while Redcliffs, Lincoln and Rolleston all had a successful sales month in Canterbury.  Arrowtown led the Lower South Island, with another good result from Queenstown.”   

Other key indicators saw controlled listing lift by 5% to 1532 with media marketing also increasing by 3%. Online enquiry surpassed 12,500 this month which was a further increase on last month which was 11,900. There has been some decline noted in open home attendees.In summary Carey Smith said “that it is balanced market with indications that buyers are prepare to make offers on properties that are inline with market value”

Ray White Herald on Sunday Lift Out

The Ray White Group is pleased to present, in conjunction with APN, our 48 page property lift-out that will be appearing in the Herald on Sunday this weekend 30th May 2010. This is the sixth of our feature lift-outs and has 130 properties displayed on behalf of our vendor clients throughout New Zealand.

Alongside the lift-out we present the Ray White e-book  which is available for our agency business and their clients to distribute through to databases, family and friends.  Ray White prides itself on its ability to provide innovation in marketing and also to offer value through its various marketing mediums, including media, websites, property signage and our own internal client databases.

The Herald on Sunday is the leading Sunday media and is distributed throughout the North Island with a readership of over 382,000. We welcome all enquiries to be part of these outstanding marketing opportunities.

The Ray White Group saw an increase in property turnover for March 2010 of 1.8% in comparison to the previous year.  In comparison to last month, property sales increased by just over 30%.  Other key indicators showed that there was an increase in property listings by 11% and also auction marketing rose by 9%. 

The top offices for the month included Ponsonby, Remuera, Manukau, Kohimarama and Hamilton.  Offices that achieved their highest area increase included Whangarei, Taranaki, Richmond, Merivale and Arrowtown.

Our marketing presence also lifted and this is measured on our overall presence in key media throughout New Zealand.  The results in our market share showed increases in 12 out of the 13 areas that we measure. 

This month we have opened new offices in Foxton, Golden Bay and Waikanae.  We have also merged with AJ Innes in Whitianga. 

Twelve months ago saw the first rise to come out of the global financial crisis and there was a distinct lift in property sales.  March 2010 has shown the same lift. This was the best recroded sales in the just over 2 years. The larger volume of properties on the market and increased buyer activity combined with a low level of interest rates saw the sales active in March.  We expect with the number of properties that have come onto the market to see activity continue to increase for April.

Ray White has developed real time market information for buyers and sellers across all areas of New Zealand.  Each Ray White office has access to this information and it can be provided on request.  Ray White has 133 offices throughout New Zealand with 1,345 salespeople and 183 property managers. To request real time market information please email swatson@raywhite.com