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Real Estate Business Awards 2021

The REB Awards is the benchmark of success in the Australian real estate industry. It reflects not only the business astuteness of the country’s leading real estate operators and networks..

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top 10 agents

Alexander Phillips

Top 1

Year of Experience: 21

Support Staff: 3

Residential Property Listings Secured: 241

Total Value of Residential Properties Sold: $ 706,737,500

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1/10
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top suburbs

12 month growth
Manyana
70.61%
Tamarama
70.55%
Box Hill
64.95%
Goodwood
64.38%
Bawley Point
63.64%
Lennox Head
62.11%
Casuarina
62.08%
Queenstown
61.31%
Warana
60%
Cooroibah
59.43%
SEE AREA REPORTS ON SMART PROPERTY INVESTMENT WEBSITE
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Merger to tackle Sydney CBD market

By Michael Crawford
21 October 2014 | 1 minute read

Estate agents Morton & Morton will merge with Wilson Property Agents, following a purchase that brings the number of properties managed by the Morton & Morton group to 1,700.

Director of Morton & Morton, Ewan Morton, winner of the 2014 Real Estate Business Excellence Award, said the companies will have completely merged within about a month and will concentrate solely on property management and sales within Sydney’s CBD.

Mr Morton said the move allows Morton & Morton access to offices across the Sydney CBD, including Circular Quay, Hyde Park, Woolloomooloo and Pyrmont.

He refused to comment on how much he paid for Wilson Property Agents but said his company is always on the lookout for different opportunities.

“We have an existing property management business but this purchase gives us an extra 400 properties, so between the two of us we say we are the number one and two businesses in the CBD,” Mr Morton said.

“Wilson was the logical choice because both of us are in the same market and our property management businesses were even competing in some places.

“They are focused on the CBD and have a nice office opposite Hyde Park [that] we will take over and rebrand as Morton & Morton… It’s also a strong testament to the fact that I believe the Sydney CBD and city fringe residential property market will continue to deliver strong returns for investors and buyers into the future.”

Former Wilson Property Agents principal and managing director Adrian Wilson has announced he will leave the company.

Merger to tackle Sydney CBD market
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Listen to other installment of the Real Estate Business Podcast
top 10 agents

Alexander Phillips

Top 1

Year of Experience: 21

Support Staff: 3

Residential Property Listings Secured: 241

Total Value of Residential Properties Sold: $ 706,737,500

VIEW COMPLETE REPORT
1/10
Do you have an industry update?

top suburbs

12 month growth
Manyana
70.61%
Tamarama
70.55%
Box Hill
64.95%
Goodwood
64.38%
Bawley Point
63.64%
Lennox Head
62.11%
Casuarina
62.08%
Queenstown
61.31%
Warana
60%
Cooroibah
59.43%
SEE AREA REPORTS ON SMART PROPERTY INVESTMENT WEBSITE
Subscribe to Newsletter

Ensure you never miss an issue of the Real Estate Business Bulletin.
Enter your email to receive the latest real estate advice and tools to help you sell.