Powered by MOMENTUM MEDIA
realestatebusiness logo

Breaking news and updates daily. Subscribe to our Newsletter!

Home of the REB Top 100 Agents
Breaking news and updates daily. Subscribe to our newsletter

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

PRDnationwide acquires commercial interest in regional realtor

By Staff Reporter
01 September 2009 | 1 minute read

PRDnationwide is set to expand its presence in Victoria after securing a commercial interest in regional realtor Jens Gaunt.

Advertisement
Advertisement

The Jens Gaunt branches, which can be found in Ballarat, Bendigo, Buninyong, Kyneton, Melton, Werribee and Warrambool, will be rebranded PRD Jens Gaunt.

PRDnationwide managing director Grant Dearlove said the venture would help create a springboard for significant growth throughout the region.

“The reason for securing commercial interest in the business is to expand PRD’s Victorian base and to execute PRD’s Pathway 2010 strategy of growing – not only organically – but through acquisitions,” he said.

“Our objective is to operate as a master franchise and we will be working with Jens Gaunt to attract other offices to the brand particularly in Melbourne,” he said.

According to Mr Dearlove, the announcement has already caused other agencies to approach the realtor.

“A lot of our competitors are contracting but we want to grow. We see a significant upturn in residential real estate at the end of this year - and we want to make sure we are represented by businesses with big market shares,” he said.

PRDnationwide acquires commercial interest in regional realtor
default
lawyersweekly logo

Tags:

Listen to other installment of the Real Estate Business Podcast

 

Do you have an industry update?

top suburbs

12 month growth
Queenton
69.76%
Flying Fish Point
69.61%
Point Piper
69.17%
Glenelg South
69.02%
Pretty Beach
69.01%
Bar Beach
68.9%
Northampton
68.7%
Kembla Grange
66.91%
Boomerang Beach
66.67%
Gnarabup
66.67%
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.