Raine & Horne has welcomed three independent Newcastle offices in Mayfield, Wallsend and New Lambton.
In combination, the three offices have sold 6,000 properties since 2001.
Raine & Horne Executive Chairman Angus Raine said the Newcastle mega-office is also one of the region’s foremost property managers, managing 1,500 rental properties.
“Strategically, the Hunter is among our fastest growing regional growth centres nationally, while Newcastle is one of Australia’s most significant cities ahead of the likes of Darwin and Hobart,” Angus said.
Formerly operating as Global Realty Partners, Raine & Horne Mayfield, Raine & Horne New Lambton and Raine & Horne Wallsend are led by principals Colin Bice, John Hogan, Craig Fenning and Tony Tolazzi.
Colin said a desire to stay ahead of the technology curve was central to Global Realty Partners’ decision to join the global brand.
“As an independent, we can’t compete with the technology and training advances provided by Raine & Horne,” he said.
“We have a staff of 40 and paying for training, and the right sales and property management tools can be very expensive for an independent.
“Also, while we know the local real estate intimately, we don’t have the same level of knowledge about technology. Trying to keep up with technology advances is too expensive for an independent.”