Trans-Tasman licensed real estate business has new opportunities
A real estate business has seen a boost to its network growth with 30 licenses signed so far this year.
John Stewart, head of Australasian membership with One Agency, said the trans-Tasman group’s growth indicated its role as a major player in the market.
“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.”
Fifteen of this year’s new licenses have been real estate offices rebranding and 15 were 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.”
A further eight new licensees are expected by the end of July across both countries. In Australia there are currently 137 active licenses. The group administers 159 licenses across Australia and New Zealand placing the brand firmly within the top 10 networks in Australia and rapidly gaining presence 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.”