New opportunities for licensed real estate business chain
A trans-Tasman real estate business has seen a boost to its network, signing up 30 licenses so far this year.
The head of Australasian membership with One Agency, John Stewart, said the group’s growth reflected its role as a key player on the real estate scene.
“The growth over the past six months and the level of enquiry from very, very well-qualified professionals in the real estate industry is just prolific, it’s going through the roof,” he said.
“We’ve signed 30 new licenses in the first six months of this year, 19 in Australia and 11 in New Zealand. NZ has seen 22 licenses issued in the nine months since the first office opened in Warkworth, North of Auckland. The rate of enquiry is more than double that of a year ago.
“We have gained more credibility recently because of those numbers. We are now larger than some of the more traditional franchise brands in Australia and gaining a strong foothold in New Zealand.”
There have been 15 real new licenses signed to estate offices rebranding and 15 individual agents basing their businesses from non-shopfront premises.
Members of the group have the flexibility to promote their brand with fewer of the restrictions of a traditional franchise while retaining almost all of their income.
“We attract a mix of professional real estate agents taking the leap to start their first business and established offices ditching their traditional franchises and rebranding to One Agency.”
Eight new licensees are expectedto join by the end of July across both New Zealand and Australia. The group has159 licenses across both countries: that puts the brand in the top 10 networks in Australia and it is swiftly increasing its footprint in New Zealand.
“This expansion has been achieved in a few short years against long-established competition,” said Stewart.
“It’s a rapidly changing world and we are leading that change, it’s something that’s truly exciting to be a part of.”
- This article first appeared on www.franchisebusiness.com.au