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.

Point Cook agency bolsters business with local scoop

By Grace Ormsby
23 November 2020 | 1 minute read
Point Cook agency bolsters business with local scoop

Outgrowing its small beginnings, a Melbourne-based real estate agency is expanding its operations — taking over another local office space.

Established in August 2015 by director Ravi Gupta, Reliance Point Cook is moving onto bigger and better things with the takeover of another local agency, and the subsequent acquisition of its 670-strong rent roll.

By absorbing the office, Reliance Point Cook aims “to bring a bigger and better service to Point Cook and the surrounding suburbs”.

Advertisement
Advertisement

According to Mr Gupta, Reliance Point Cook had long-held growth plans, so when the opportunity presented itself to take over the operations of another Point Cook offering, it was a “dream opportunity” for the business.

He said: “COVID surely taught businesses to operate differently and adapt to new way of life, when the time is tough.

“Our business chose to not only survive this crisis but prepare ourselves for this amazing opportunity and thrive.”

Reliance Point Cook considered both agencies’ business management teams as already culturally aligned pre-takeover.

It will mean a move from the suburb’s town centre to an “exceptionally large” Featherbrook location, and it will see 21 team members band together under the Reliance banner.

Reliance Point Cook has revealed that the takeover has formed a big part of the Reliance network’s growth strategy for 2020, as it aims to increase the number of sales, properties under management and support staff size.

Having gained almost 1,000 properties under management this year alone, Reliance now looks after almost 1,900 properties across Melbourne’s west.

Reflecting on the huge level of growth, Mr Gupta said: “I feel if we are not growing or going forward in business, it means we are going backward.

“So, moving forward in a positive direction is the only option for us.”

Point Cook agency bolsters business with local scoop
Point Cook agency reb
lawyersweekly logo

ABOUT THE AUTHOR


Grace Ormsby

Grace Ormsby

Grace is a journalist across Momentum property and investment brands. Grace joined Momentum Media in 2018, bringing with her a Bachelor of Laws and a Bachelor of Communication (Journalism) from the University of Newcastle. She’s passionate about delivering easy to digest information and content relevant to her key audiences and stakeholders.

Rankings
rankings
JUST RELEASED
May 09, 2022

REB Top 50 Women in Real Estate 2022

REB is thrilled to present the Top 50 Women in Real Estate 2022 ranking, which sets t ... LEARN MORE

rankings
JUST RELEASED
May 04, 2022

REB Top 100 Agents 2022

Now in its second decade, the REB Top 100 Agents 2022 rankings are the most revered s ... LEARN MORE

rankings
JUST RELEASED
May 02, 2022

REB Top 50 Agents NSW 2022

Even a pandemic has not put the brakes on the unstoppable property market in NSW, whi ... LEARN MORE

rankings
JUST RELEASED
April 27, 2022

REB Top 50 Agents VIC 2022

The COVID-19 crisis has not deterred the property market in Victoria, which has been ... LEARN MORE

rankings
JUST RELEASED
April 25, 2022

REB Top 50 Agents QLD 2022

As the property market continues to roar in Brisbane and Queensland, the REB Top 50 A ... LEARN MORE

Coming up

rankings rankings
Do you have an industry update?

top suburbs

12 month growth
Mirador
103.33%
Bawley Point
98.13%
Walla Walla
90.7%
Byron Bay
86.67%
Kiama Heights
85.93%
Greta
84.14%
Nulkaba
81%
South Hobart
78.78%
Diddillibah
76.25%
Lennox Head
73.98%
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.