RE/MAX results indicate solid growth ahead for 2013

RE/MAX of Southern Africa reports strong growth in registered sales during the first five months of the year

Based on the first five months of 2013, RE/MAX of Southern Africa reported a 28% year-on-year increase in registered sales transactions across the country. Adrian Goslett, CEO of RE/MAX of Southern Africa, says that these results are phenomenal considering that the property market saw a decline year-on-year - both in terms of the number of property transactions concluded as well as the value thereof.
According to Deeds Office data supplied by Betterbond, the country’s biggest mortgage originator, the total number of property transactions, both residential and commercial, across the country decreased by 0.52% from the first quarter of 2012 to the first quarter of 2013. From January – March 2012, 53 148 transactions were concluded, while during the period January – March 2013 only 52 871 transactions were concluded. In addition, the value of residential property transactions also declined by about 1% when comparing March 2012 with March 2013 figures.
Goslett attributes the RE/MAX sales success in the first five months of the year to the fact that the brand boasts some of the most productive agents in the real estate industry – both globally and locally.
He says the fact that RE/MAX of Southern Africa agents have access to world class trainers such as Brian Buffini and Ed Hatch, among others, through the RE/MAX Global Learning Centre ensures that their real estate knowledge and productivity will continue to improve.
In addition he points out that RE/MAX of Southern Africa real estate agents also have access to facilities such as the newly launched Referral Maker from Buffini & Company. This is a RE/MAX specific customer relationship management system that assists agents in managing their work flow, thereby enabling them to better engage with clients on a personal level.
Looking at the provincial breakdown of registered sales by RE/MAX of Southern Africa during the January – May 2013 period compared to the same period in 2012, the RE/MAX central region, which encompasses Gauteng, reflected a 15% increase in registered sales. The Eastern Cape and Garden Route region showed a strong improvement with a 28% increase in registered sales while KwaZulu-Natal also reflected an impressive growth of 27% and the Western Cape region reflected an 25% increase in registered sales.
The Free State and Northern Cape region, however, is undoubtedly one of the most improved areas for RE/MAX of Southern Africa with a 71% uptick in registered sales during the January – May 2013 period compared to the same period in 2012.
“Even though the areas that have seen the highest growth in this quarter have come off a relatively low base, Gauteng and the Western Cape come off a wider and more stable base. This makes the level of sales growth in areas such as the Eastern Cape, Garden Routes and the Freestate and Northern Cape all the more impressive,” says Goslett.
The excellent nett growth in agent numbers coupled with the fact that seven new RE/MAX franchises opened in the southern Africa region during the first five months of the year is also a reflection that the number one global real estate brand offers all the cutting-edge support, technology and training, and will therefore continue to attract new franchises and agents.
During the first quarter of this year RE/MAX of Southern Africa was also recognised as the top RE/MAX region in the world at the group’s Las Vegas convention in March. RE/MAX now has over 1800 agents operating from over 175 offices in 10 countries in Southern Africa.
“As the global real estate leaders, RE/MAX agents will continue to bring a high quality, professional service offering to clients from around the world,” Goslett concludes.

  Comment on this Article

  Please login to post comments

Post to my facebook wall
Characters remaining

    Latest Property News
    • 17 Nov 2017
      FWJK has announced the launch of its latest residential brand, the Lil’ Apple, which will be launched simultaneously in two developments in Cape Town and Umhlanga totaling 600 apartments. The Lil’ Apple is set to be a brand of FWJK’s New York style apartments which will be rolled out nationally.
    • 17 Nov 2017
      It’s been a tumultuous year on many fronts, with socio-political uncertainty setting the tone for much of South Africa’s economic activity yet despite this and seemingly counter-intuitively, the residential property market has held up well.
    • 17 Nov 2017
      The EAAB (the Estate Agency Affairs Board) recently claimed that around 50,000 illegal estate agents could currently be operating illegally.
    • 16 Nov 2017
      Penthouses are synonymous with New York – characterised by high-rise living that is decidedly luxurious and spacious. While exclusivity comes at a price, you can still create a “penthouse” look and feel in your existing apartment or even the upstairs bedroom of a double storey house with some clever design changes and styling touches.
    • 16 Nov 2017
      The area has long been popular with kite surfers and, with escalating property prices in Cape Town itself, is increasingly in demand with home owners who work in town, but are looking to invest in more affordable properties.
    • 16 Nov 2017
      Cape Town’s popularity as a world-class tourist destination has resulted in a spike in the number of homes available for holiday lets and fuelled investor demand for sectional title units with short term rental potential.
    • 15 Nov 2017
      Sappi, one of South Africa’s oldest global companies and a leading global supplier of sustainable woodfibre products, has moved its global and regional headquarters to a new site on the corner of Oxford and 14th Avenue in Rosebank.
    • 15 Nov 2017
      There’s an old saying in real estate that you should seek to make a profit when you buy, not only when you sell – and a large part of succeeding at that endeavour is buying a home in an area with desirable features that will enhance the resale value of your property.
    Subscribe to the MyProperty Newsletter

    Last Name  
    Email Address  
    Email Frequency
    Share this Page

    For Sale Property
    Rental Property
    More Options
    Connect with us