In a bid to assert its dominance in the Sydney marketplace, a corporate auction team has added a new team member to its already strong ranks.
Auctioneer James Hayashi has been welcomed as the newest member of the Ray White New South Wales corporate auction team.
Ray White NSW CEO Andrew McCulloch has described Mr Hayashi as “one of the most recognised faces within real estate in Sydney”, citing his years of experience selling across Sydney’s inner city and eastern suburbs.
Already an acclaimed auctioneer, Ray White NSW said he sells, on average, 500 properties each year.
Calling the newest addition “an intuitive and tenacious professional”, Mr McCulloch said Mr Hayashi has an innate understanding of buyer behaviour as well as extensive experience across all markets and demographics.
Mr Hayashi joins the likes of Ray White NSW chief auctioneer Alex Pattaro and auctioneers Emma Biasetto, Tim Snell and James Kerley.
According to the network’s statement announcing the appointment, the team also revealed it is well on its way to conduct one in every three industry auctions across the state.
It’s not an out-of-reach goal, with Mr Pattaro acknowledging that buyer activity has increased significantly over the recent weeks.
The network is reporting that it has already recorded a 50 per cent increase across January in the number of auctions it booked — to 625.
It achieved a clearance rate of 66 per cent across those bookings, according to Mr Pattaro.
Further, prices achieved under the hammer have been 11.15 per cent higher than the highest offers pre-auction, on average.
Mr Pattaro said: “Our ambition is to provide our network with the best auction services and industry-leading auction resources.
“We are developing a world-class auction business as we know it’s the best way for all owners to sell in every market and in every price point.”