News

Local Market Update August 2016

By Cara Humbert

August saw the end of the official winter months and plenty of activity and fun for the team at Ray White Cranbourne. We saw another interest rate drop early in the month to levels never seen before and this was reflected with continued strong interest throughout the market. As has been consistent throughout 2016 buyer interest exceeds available stock levels and many properties are experiencing high levels of activity and multi offer situations. One of the stand out results for the month was the auction conducted by Team Ringeri at Chelsea Heights. The opening bid exceeded the reserve and after very competitive bidding from 7 bidders the property sold for over $100,000 above the reserve. A great result for everyone involved. Paul and his team were the standouts for the month with strong sales and listing numbers while Chaminda had a strong listing month and will be very busy in the upcoming spring marketplace.

The rental team had a busy month not only with the day to day activities but also new programs and our landlord movie night. The team welcomed many of our landlords to watch the movie Captain Fantastic and enjoy some complimentary popcorn, ice cream and a drink. The feedback from the night was that everyone had a good time and it was much appreciated. The team also implemented a new maintenance program during the month. This will provide both our tenants and landlords with improved service and communication for the future. The winning team for property management this month was Bree and Emily. Well done ladies. The BDM team also had a great month with a huge number of new landlords joining our team including an amazing effort of 9 new properties in a period of only 24 hours from Ashley. The BDM team also enjoyed a day in Sydney climbing the bridge and enjoying a relaxing afternoon of food and drinks in the Sydney sun to celebrate a previous record month.

The month also saw plenty of fun had with the Ray White Victoria / Tasmania annual awards night. The night was held at Crown Casino and was a great opportunity for everyone to dress up and let their hair down.  The team were nominated for a number of awards and also won their fair share. In property management Conchita and Bree were nominated and shortlisted for the Property Manager of the year award and Bridget and Ashley were in the running for the BDM of the year. Our support team was heavily recognised with Maureen, Sian, Eden and Rachael Vrana all being nominated for Administration assistant of the year with Rachael being awarded the prize! Jodie was nominated for Office Manager of the year, and we also saw some of our sales teams biggest supporters recognised with Iresha Samarasinge and Judith Aloysius being nominated for the partner support award.  In sales we saw nominations for Isabella and Dwayne for Sales P.A of the year, Brandon made the short list for the highly coveted Rising Star award and Paul Ringeri placed 11th for the year for the salesperson award, with Chaminda making the top 10 for the first time ever.  The Cranbourne sales team placed 7th for the state for sales commission and took out the number one position for the second year in a row for the most number of exclusive sales for the year. Great efforts and recognition for all those nominated and awarded. A great night was had by all.

Until next month,

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