PHOTO: One Agency

Sydney-based Trans-Tasman network, One Agency, reports a strong start to the year, adding a dozen new members while anticipating a similar number of newcomers over the winter.

“As were the majority of new memberships in 2018, the group continues to attract former franchised offices seeking a less constrained, more cost-efficient environment,” commented CEO and Founder, Paul Davies.

“In both New Zealand and Australia we are also seeing a number of our larger offices taking on additional businesses. In New Zealand this could see the number of licenses double by year’s end with similar growth in 2020,” he added.

Head of Australasian Membership, John Stewart, commented that new member enquiry had lifted early in the year and dramatically increased since last weekend’s election result added  confidence to the real estate  sector.

“When coupled with a likely easing of monetary constraints that have limited buyers since mid-2018, we should see a slow climb out of the  market’s retrenchment since late 2017.”

“We’re also hearing from many individuals and office owners who enquired as long ago as 2010, so I guess like everything, it’s all about timing and confidence,” he said.

Much of the company’s growth has centred on Victoria, regional NSW and Queensland.

“ New signings in Victoria have been in Northern Melbourne and particularly the Baw Baw, La Trobe Valley and South Gippsland region, which  will have welcomed five new businesses covering  seven licensed areas by the end of  July,” Stewart added.

“The New Zealand market is slowing somewhat, reflecting a spreading economic concern, so growth for us there is all about mergers and acquisitions driven by our stronger members and again, formerly franchised businesses making the switch.”

Paul Davies also confirmed that an announcement should shortly be made regarding other off shore markets.

Visit:  www.oneagencygroup.com.au 

For more information, high resolution images, or to arrange an interview with One Agency’s Founder & CEO, Paul Davies or Head of Australasian Membership, John Stewart, please contact: Darelle Ratcliff +61 2 8039 2110