A national real estate group has targeted Queensland for growth, opening a new office in Bundaberg and setting a goal of bolstering its network in the state by 10 per cent through to December this year.
Raine&Horne’s latest office opening, in Bundaberg, is one of a number the company has planned for the coming months, according to the network’s executive chairman and CEO Angus Raine.
“There’s an expectation that we’ll grow our Queensland network by 10 per cent before the start of 2014,” Mr Raine said.
Raine&Horne's push for growth comes hot on the heels of the appointment of Steve Worrad as general manager of the company’s office network in Queensland.
Mr Worrad said while opening new offices was important, the existing office network in Brisbane and regional Queensland remained a priority.
“Maintaining a superior level of service to our existing offices is important to me, and I believe my responsibility is to help them build on their existing profitability, and expand their property management businesses and market share in their suburbs, towns and regions,” he said.
With experience in real estate franchising extending over 25 years, Mr Worrad has worked in senior national management roles with a number of major real estate brands, as well as owning and operating real estate franchise offices in Sydney and the Northern Rivers region of NSW.
The group’s most recent office opening will be led by principals Henry Rzeszewski, Debbie Rzeszewski, Brendon Mattick and Nicole Mattick.
“The four principals of Raine&Horne Bundaberg have many years of commercial experience between us, ranging from executive management and sales positions, to marketing and property management,” Mr Rzeszewski said.
Mr Rzeszewski, who previously owned another franchise operation, said the company’s global customer database was a particular attraction to him.
“The global market, particularly the Chinese market, is a big influence here in Australia, and via Raine & Horne’s offices and affiliates, we can market Bundaberg real estate into Asia,” he said.
Brian Reid, COO of Raine&Horne, said the company’s decision to establish a presence in Bundaberg is a result of the growth prospects of the town, coupled with the surge in capital city real estate markets.
“With auction clearance rates in the capital cities as high as 85 per cent, we expect to see the real estate markets in major population centres such as Bundaberg follow suit,” he said.