R&W fills gap on NSW Central Coast

R&W fills gap on NSW Central Coast

by 0 comments

Simon Parker

Richardson & Wrench (R&W) said its new office at Umina, located on the NSW Central Coast, filled an important gap in the franchise group’s network coverage.

“I believe the peninsula area is on the brink of taking off,” said new principal of R&W Umina, Phil McCord.

“Up to 70 per cent of buyers are coming from Sydney, where many people are priced out of the market. Good properties at the lower end are selling strongly and for investors, returning solid rentals.

“The better quality prestige waterfronts that have been well renovated and priced correctly are also finding ready buyers.”

R&W executive director Andrew Cocks said the Central Coast was an important part of the group’s strategy for expanding the network into locations with solid potential for growth and in territories alongside those where it had existing brand strength.

“We are fully committed to increasing our presence on the Central Coast, building on the strength of the network throughout Sydney and regional NSW.”

Mr McCord is a “long-time Umina resident”, and was returning to the group after first joining R&W in 2000. In 2002, he was named the company’s ‘Rookie of the Year’.

He left the group in 2004 and established his own franchise under another brand the following year, R&W said.

Simon Parker

Richardson & Wrench (R&W) said its new office at Umina, located on the NSW Central Coast, filled an important gap in the franchise group’s network coverage.

“I believe the peninsula area is on the brink of taking off,” said new principal of R&W Umina, Phil McCord.

“Up to 70 per cent of buyers are coming from Sydney, where many people are priced out of the market. Good properties at the lower end are selling strongly and for investors, returning solid rentals.

“The better quality prestige waterfronts that have been well renovated and priced correctly are also finding ready buyers.”

R&W executive director Andrew Cocks said the Central Coast was an important part of the group’s strategy for expanding the network into locations with solid potential for growth and in territories alongside those where it had existing brand strength.

“We are fully committed to increasing our presence on the Central Coast, building on the strength of the network throughout Sydney and regional NSW.”

Mr McCord is a “long-time Umina resident”, and was returning to the group after first joining R&W in 2000. In 2002, he was named the company’s ‘Rookie of the Year’.

He left the group in 2004 and established his own franchise under another brand the following year, R&W said.

promoted content
Recommended by Spike Native Network
Listen to other installment of the Real Estate Business Podcast
reb top 100 agents 2017

With a combined sales volume of over $14 billion in 2017, the Top 100 Agents ranking represents the very best sales agents in Australia. Find out what sets them apart and learn their secrets to success.

featured podcast

featured podcast
Marnie Seinor on structure, database DNA and connecting with her local community

There’s no such thing as an “off switch” in real estate – so says McGrath agent Marnie Seinor, who came in at number 78 in this year...

View all podcasts

Does the benefit of being part of a branded group outweigh the cost?

Yes
No
Depends on the group
Do you have an industry update?