Ray White New Zealand’s auction metrics continued to improve last week, showing renewed confidence in the market.  Auction volume was up by 32.3 per cent, with the network scheduling 164 auctions throughout the week, with an all sold clearance rate of  62.5 per cent, also up 7.2 per cent on the same time last year.  Bidder numbers at Ray White New Zealand auctions also continue to improve, with an average of 4.8 registered bidders and 3.6 active bidders at auctions last week.  Auctions continue to provide the best results for sellers, with properties sold under the hammer ..read more

Ray White’s 12th call-a-thon hit a new level this week with more than 8,700 appraisals booked across Australasia, powered by NurtureCloud, the group’s cutting edge proptech platform. NurtureCloud uses machine learning, data automation and market intelligence to help agents generate leads and improve the overall performance of their real estate businesses. Appraisals are the lifeblood of real estate and Ray White holds its Real Estate of Origin days three times a year to create friendly rivalry and banter between the states and New Zealand. New Zealand claimed bragging rights this year with a w ..read more

Ray White Manukau, Manurewa, Mangere and Mangere Bridge sold more than $31 million in property at The Day auction event yesterday.  A total of 58 properties went under the hammer with an auction day clearance rate of 66 per cent.  The room was abuzz at The Day, which saw a total 267 registered bidders ready to buy at auction.  Ray White Manukau, Manurewa, Mangere and Mangere Bridge director Adam Thomson said the day ran flawlessly.  “The agents really got on board with it and we did a lot of preparation to deliver those great results on the day,” Mr Thomson said.  “W ..read more

New Zealand’s property market seems to be gaining momentum, as Ray White New Zealand recorded an all sold clearance rate of 57.8 per cent across its 90 scheduled auctions last week, up 10.4 per cent compared to the same time last year.  Bidder activity also remained strong, with the group recording an average of 3.4 registered bidders and 2.4 active bidders per auction last week.  Auctions continue to provide premiums for sellers, with properties sold at auction recording sale prices an average of 14 per cent higher than the highest offer prior to auction.  The top auction ..read more

Ray White Remuera principal Megan Jaffe has welcomed two new directors, with Thomas Farmer and John Bowring joining the leadership team.  Ray White Remuera has been Ray White’s number one office internationally for nine consecutive years.  John is an award winning auctioneer and has led the auction business at Ray White Remuera for a number of years, while Thomas sits in Ray White’s top six per cent of salespeople with a strong track record in the eastern suburbs as well as an intricate knowledge of property management.  Megan, the visionary behind the company’s remarkable succ ..read more

Family values and delivering a real estate experience powered by locals, for locals, is what drives the team at Ray White Grey Lynn.  The new Ray White Grey Lynn business will be led by Angela Saunders, brother and sister team Chloe and Scott Wither, and siblings Tim, Rachel and Ruth Hawes. Consistently raising the bar of what exceptional service means in the real estate industry, with decades of collective experience, their small but mighty team of agents consistently rank among New Zealand’s top performers. The Hawes family has a strong history of business leadership, having owned and ..read more

Auction activity is continuing to ramp up following RBNZ announcing the official cash rate would remain at 5.5 per cent last week.  Ray White New Zealand scheduled 117 auctions last week, up 7.3 per cent on the same time in 2022, with an all sold clearance rate of 58.9 per cent, up 11.45 per cent.  The group recorded an average of 3.4 registered bidders and 2.6 active bidders per auction.  “As the country celebrated its second Matariki public holiday last week, Ray White’s auctions were cause for similar celebration,” Ray White New Zealand lead auctioneer Sam Steele said.  ..read more

Auction metrics continue to show signs the market is bouncing back with Ray White New Zealand scheduling 163 auctions last week, up 48.2 per cent year-on-year.  The group recorded an all sold clearance rate of 56.1 per cent, which had also jumped up 12.26 per cent compared to the same time last year.  Bidder numbers have been holding steady over the past few weeks, with Ray White New Zealand recording an average of three registered bidders and 2.4 active bidders per auction.  “Winter weather did little to dampen Ray White New Zealand’s auctions last week with 108 conducted, sh ..read more

Under trying economic conditions in New Zealand, an office overhaul has worked wonders for Ray White Ellerslie, delivering a 100 per cent clearance rate at recent auction proceedings.  Upon taking ownership of Ray White’s Ellerslie branch at 101 Main Highway in 2022, brothers David and Arthur Subritzky embarked on a significant remodelling project, motivated to create a best-in-class workplace for their team of 36.   “We are focused on creating a space that helps to attract and retain a high-quality team of salespeople, support staff and management, in addition to realising ou ..read more

Australasia’s largest real estate group, Ray White, today unveils the next chapter of its commercial division with the introduction of RWC. The repositioning of Ray White Commercial as RWC is designed to highlight the commercial specialists with a unique visual identity to position them in the market as experts across all asset classes.  As part of the repositioning comes an updated visual identity which includes a new name, colour palette, design, look and feel, and is the result of a collaborative discussion within Ray White’s commercial network.  RWC Head of Agency Andrew Freeman ..read more