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Ray White Victoria posts record month despite falling stock

In Victoria, where itโ€™s estimated thereโ€™s a 20 per cent drop in stock levels across the state, Ray White has recorded a personal best in sales.

Achieving $651 million is sales for the month of October, Ray White Victoria CEO, Domenic Belfiore said the momentum has been building all year.

โ€œItโ€™s been a fantastic year and weโ€™re thrilled with the energy within the Group. Our business owners are performing exceptionally well and weโ€™re confident our sales levels will continue to lift,โ€ he said.

And whilst stock levels are noticeably down, Domenic said Ray Whiteโ€™s listing share is rising.

โ€œItโ€™s incredible to see our listing share increase as the market tightens. Over the past four months weโ€™ve seen our numbers steadily rise – thereโ€™s a real buzz in the air.โ€

Some key recruits to Ray White have performed particularly well. In her second month with the Group, Helen Yan of Ray White Balwyn ranked in the stateโ€™s top 10 performers, recording an impressive $25 million worth of property sold over October.

โ€œHelen was named the number one female in real estate across the country so itโ€™s no surprise sheโ€™s hit the ground running as a business owner,โ€ Domenic said. โ€œWeโ€™re so excited to support her as she continues to grow.โ€

On the downhill run to Christmas, the Ray White Victoria/Tasmania team are hoping to squeeze in a few more milestones.

โ€œOur 91st office is due to open in December. Ray White Ringwood should be up and running before Christmas.

โ€œWe look forward to celebrating our century in 2017,โ€ Domenic said.

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