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A Sydney agent and his team of 30-plus staff have hitched their wagon to McGrath, greatly expanding the brand’s presence in the city’s north.
Robert Bagala and his co-principal, George Agostino, have decided to transfer their extensive expertise in the Ryde market over to the network, moving on from First National.
McGrath’s head of franchise Christopher Mourd expressed his assurance that the duo and their team would thrive under this new partnership.
“It’s Robert’s and George’s in-depth property knowledge, their energetic drive, community ties and overall professionalism that will ensure our Ryde business will go from strength to strength,” said Mr Mourd.
“They’re bringing a team with them that is highly regarded in the area and totally committed to achieving the best outcomes for their clients,” he added.
Mr Bagala, who has been active in the local market for over 15 years, drew attention to what he saw as his team’s skill in serving the diversity of Ryde’s market, as well as their ability to be flexible in changing times.
“One of the buying patterns we’ve observed over the last decade is that the district draws interest from all over Sydney. Those buyers compete with long-standing locals who upsize, downsize and move from street to street embracing the sense of community that is increasingly gaining attention throughout Sydney,” he noted.
“Ryde’s diversity of housing caters to buyers across the demographic spectrum. Ryde is well known for having a broad range of property types. From waterfronts, to medium- and high-density housing and boutique developments such as Putney Hill. This diversity attracts an equally broad range of buyer types from investors to first-home owners, young families to older established and extended families”.
But he acknowledged that Ryde hadn’t escaped the recent slowdown in the market.
“My team and I have noticed a significant softening of enquiry and attendance rate at inspections over the last four to six weeks,” he said.
Even so, the new McGrath Ryde office was looking for windows of opportunity and finding plenty to attract home buyers to their pocket of Sydney.
“The ratio of serious buyers to uncommitted onlookers though has never been stronger meaning we are engaging with more motivated purchasers than ever before,” Mr Bagala said.
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