Real estate network acquires established agency

Real estate network acquires established agency

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A leading Sydney office has signed up with one of Australia’s most recognised real estate brands.

Richardson & Wrench (R&W) announced it has signed “Blacktown’s leading real estate agency” to its network.

R&W owner and managing director Andrew Cocks said the opening of the Blacktown office would help to achieve a long-term goal of re-establishing the real estate group’s presence in Sydney’s west.

He said the Comino brothers’ decision to join the network was a fantastic endorsement of the R&W brand.

“That Blacktown’s leading agency elected to join R&W is a significant coup and we are very pleased to welcome the Comino brothers, Terry and Brett, to our network,” Mr Cocks said.

“They hold a dominant position in Blacktown and as a long-standing and successful family business, will be in good company with Richardson & Wrench.”

The Comino family has had a solid presence in Blacktown real estate for many years, initially as the independent Matheson & Comino established in 1974.

The agency’s managing director Terry Comino, who holds the record for the largest land parcel sold in Blacktown, said his office made the switch to Richardson & Wrench to establish a stronger point of difference in a crowded and competitive marketplace.

“We feel that our interests are better served under a franchise agreement that offers exclusive territory for prospecting,” Mr Comino said.

“Together with the flat fee business model, it gives us far greater business certainty,” he added.

Mr Cocks said the combined strength of the new R&W office in Blacktown and its neighbouring office in Rooty Hill will be beneficial for the businesses and their customers.

[Related: R&W: an innovative network]

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