Two major local brands have joined forces near Canberra, substantially growing their market share and rent roll.
Maxwell and Co Real Estate has successfully merged with LJ Hooker Queanbeyan, which now lifts the office's market share to about 30 per cent. The move was led by the two co-principals, with the ongoing support and help of staff from both offices.
The office will transact under the LJ Hooker Queanbeyan brand.
Mike Dyer, franchise owner at LJ Hooker Queanbeyan since 1988, welcomed his co-principal Jason Maxwell.
“We have been able to retain the LJ Hooker brand and merge that with an independent boutique real estate company. Both offerings come with a strong family heritage, an impeccable reputation and attract strong market share," he said.
“Combined, we now have 16 staff and twice the market share. We also still continue to offer the best service in residential sales and a substantial rent roll property management portfolio, finance, conveyancing, commercial and rural property leasing and sales.
“It’s the best of two established business cultures combined. This merger has been an exciting, hectic and rewarding time."