News

October Market Update

October Market Update

Wednesday, October 05, 2011

As Brian White, CEO of Ray White Australia recently stated “Turning our backs on winter is always one of the pleasures of the year. We now welcome spring - with its promise of new growth and renewed optimism”.
 
Many clients are asking if August - that final winter month - was as tough as all the property experts were announcing? Well it seems that August was not that difficult after all. The sales figures for The Runaway Bay Group are climbing constantly, evidence that our databasing efforts have been practically explosive. Every effort is being made by every agent to contact all their buyers and sellers and ensure we have their most up to date needs recorded on file. It’s great to see that this constant communication coupled with excellent marketing campaigns is delivering results in the form of sales figures. As Brian White said recently, “people look more carefully at their agency appointee now and respond to energy, clear commitment to achieve the highest price. They are not blinded by the prices of last year, nor a concern that it might be “better” to wait before suggesting that one should now get active with a selling campaign”.
 
In Property Management we have had an exceptional month, leasing a record number of properties and growing our rent roll by over 5% in September alone.  The expansion of our team, and rent roll, has allowed us to provide a service second to none on the Northern Gold Coast.  Industry training remains high on the priority list for our team of managers and this translates to sound professional advice and systems for our landlords.
The Commercial Division has been achieving a high volume of sales and leasing. The recent growth and demand has allowed Commercial Manager Larry Dean to implement a recruitment program, there will be several experienced commercial agents joining our team in the near future. Additionally our Commercial Property Management portfolio has expanded rapidly since the introduction of a dedicated Commercial Property Manager.

Our finance representatives from the Loan Market have advised that loan figures are up 15% from this time last year, further confirmation that the property market is not as dire as many are reporting. Equipped with our own finance representative from the Loan market, we can refer you for any of your financial needs or advice.
We wish you all the best during these warm sunny days. Whether you are looking to rent, looking to sell, looking to purchase or simply seeking advice, The Runaway Bay Group has an exceptional array of properties to present to you and an experienced professional real estate agent ready to assist your real estate requirements with expert knowledge and a smile. Just drop into any of our four prominently located offices.

- Melissa Romano for Principal, Ali Mian

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