Ensure you never miss an issue of the
real estate business bulletin
Network records best sales month ever

Network records best sales month ever

by Reporter 0 comments

Staff Reporter

November proved to be the biggest month for sales in the history of one of Australia’s largest and oldest real estate brands.

For the first time in Ray White’s history, one billion dollars of property was transacted in New South Wales.

“It reflects that the build-up in anticipation was based on solid foundations,” said chairman of Ray White Brian White. “It was the perfect balance, when vendors sensed that an attractive price for their property was going to be possible, along with the confidence of purchasers that the market still had further upside,” he said.

NSW chief executive Stephen Nell said the strength in Sydney, the regions and even the rural markets had contributed to the landmark month.

“This is a real milestone for us, as it hasn’t been achieved in any market in our network,” Mr Nell said.

“It’s a testament to owners of properties having more confidence in Ray White to achieve the best results.”

le>.b-autolinks{text-decoration:underline}.b-autolinkshadowbox { display: inline; position: relative; cursor: pointer; color: #428bca;} .b-autolinkshadowbox:hover > span { display: block !important; } .b-autolinkshadowbox__links { white-space: nowrap; z-index: 999; display: none; left: 0; border: 1px solid #bfbfbf; border-radius: 5px; font-size: 12px; top: 12px;color: #000; padding: 10px; position: absolute; background-color: #FFF; box-shadow: 0px 0px 20px 1px #bfbfbf; } .b-autolinkshadowbox__links > a { display: block; padding: 3px 0; }
Network records best sales month ever
lawyersweekly logo
promoted content
Recommended by Spike Native Network
Listen to other installment of the Real Estate Business Podcast
reb top 100 agents 2017

The REB Top 100 Agents ranking is the foremost ranking of agents in Australia. It has set the bar for excellence in Australian real estate. To be ranked as an REB Top 100 Agent is the standard real estate professionals strive for. See the full 2018 ranking here!

featured podcast

featured podcast
The difference between an average agent and one who dominates

McGrath Crows Nest’s Peter Chauncy is number 10 in this year’s REB Top 100 Agents ranking. Peter, however, is more likely not surprised ...

View all podcasts

Would you consider working for Purplebricks or a similar 'DIY' model?

Yes (7.2%)
No (80.9%)
Perhaps - make me an offer (12%)

Total votes: 209
The voting for this poll has ended on: July 13, 2018
Do you have an industry update?