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Local Market Update December 2015

By Customer Care

The office finished the year strongly with a busy and very productive December in all departments. The year was strong for real estate and overall we saw plenty of demand from buyers and tenants and great results achieved, many well above expectations.

Our BDM team had a great December with plenty of new landlords joining our team. It was a PB for December and a great finish to the year. Letting numbers were down slightly but still strong in comparison to previous December figures for past years. The winners of the month for our property management competition were Bree and Cara, no doubt they will enjoy their rewards. December rounded out and completed a busy year for the Property Management department of Ray White Cranbourne which also saw plenty of innovations during the year. The year saw the introduction of our online rental open home booking system, QR tags for our rental list to ensure clients always have up to date information, and online 24/7 access to all accounts and ledgers for both landlords and tenants to ensure the right information is always available.

The sales department also enjoyed a strong month and a great finish to the year. The sales numbers were better than the same time last year. The stand out for the month in both sales and listings was Chaminda who has worked very hard and is now enjoying the spoils of success. The year overall was very strong with low interest rates, high demand levels and generally low levels of stock. The fact that we sold over 100 properties for the year that had multiple offer situations confirms the strength of the marketplace. We look forward to the same results and marketplace hopefully in 2016.

Until next month

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