In Victoria, where it’s estimated there’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.
“It’s been a fantastic year and we’re thrilled with the energy within the Group. Our business owners are performing exceptionally well and we’re confident our sales levels will continue to lift,” he said.
And whilst stock levels are noticeably down, Domenic said Ray White’s listing share is rising.
“It’s incredible to see our listing share increase as the market tightens. Over the past four months we’ve seen our numbers steadily rise – there’s a real buzz in the air.”
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 state’s top 10 performers, recording an impressive $25 million worth of property sold over October.
“Helen was named the number one female in real estate across the country so it’s no surprise she’s hit the ground running as a business owner,” Domenic said. “We’re so excited to support her as she continues to grow.”
On the downhill run to Christmas, the Ray White Victoria/Tasmania team are hoping to squeeze in a few more milestones.
“Our 91st office is due to open in December. Ray White Ringwood should be up and running before Christmas.
“We look forward to celebrating our century in 2017,” Domenic said.