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Real estate giant beats August odds

By Juliet Helmke
13 September 2021 | 1 minute read
Real estate giant beats August odds

COVID-19 restrictions in New South Wales couldn’t slow down Ray White’s activity; the network set a new business state-based record during the month of August.

The real estate giant sold a total of $1.9 billion worth of property in NSW throughout August — a personal best for the month — to 26,000 buyers and sellers.

CEO of Ray White New South Wales and ACT Andrew McCulloch said that while it wasn’t a record month for the business as a whole, he felt that August’s totals, achieved under difficult circumstances, were cause for the team to celebrate.

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“Open homes have become one-on-one or virtual inspections and auctions have moved online. While this has been difficult to navigate for our members, they have remained agile and determined to assist their clients, and that is something that I am very proud of,” Mr McCulloch said.

Two of the group’s biggest businesses, Ray White Canberra and Ray White Macarthur Group, also achieved their own record months. 

“For businesses of this size to be achieving personal bests in this environment is just incredible,” Mr McCulloch said. 

The network’s highest performing business in August was Ray White Upper North Shore, led by Greg Windel and David Walker. The duo, along with their team, sold a total of $150 million worth of property during the late winter month.

“It is no surprise that when met with adversity our best businesses only get better, and Greg and David’s business is no exception to this,” Mr McCulloch said.

“It would have been easy to sit back and wait for restrictions to be lifted, but they have met any objections head-on and as a result have continued to grow and thrive.” 

And two new businesses to join the Ray White family proved to be fast out of the gate, making it into the brand’s state top 10.

In their first month of operation, Ray White Eastern Beaches directors James Hayashi, Angus Gorrie, Nicholas Wise and Nader Hotait sold a total of $56 million worth of property, taking them to tenth place in the New South Wales and ACT network rankings. 

Sasha de Bilde and Ben McNamara at Ray White Pittwater Property in Mona Vale, meanwhile, sold $63 million worth of property, landing the number six spot.

Real estate giant beats August odds
Andrew McCulloch reb
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