Dear Clients, Associates and Friends
Welcome To Our De Freitas & Ryan Monthly "E" News Update
Remaining Positive.
Firstly I apologise for the delay in forwarding this month’s newsletter, however, I have been interstate following the passing of my father. I have been fortunate in life in that I have a very special family and our wonderful Dad will live on forever in our memory.
My father was an extremely loyal and positive person and he has been a wonderful mentor for me in business and life. It appears at the moment that we all need to be extremely positive as there are a lot of easy excuses for ‘ducking our heads’ or letting things get on top of us.
The month of April proved to be a very interesting month for us and when you consider there was a big ‘hole’ in it in the form of the extended Easter/ANZAC day holidays, our results were really quite satisfying.
Our Residential Sales side of things has been quiet, however we have been listing very well. It appears that there is still a lot of nervousness out in the market place and the press certainly don’t help. Residential Rentals are very busy and in fact there are now definite signs of upward price pressure on rentals. What is interesting is that in our experience when rental prices increase so does the value of homes on the market. This is the complete opposite of the forecasts we are receiving from the so called experts.
Commercial properties are also slow to sell however the leasing side of things is going really well. Lending institutions try as hard as they can not to loan money on Commercial real estate, however prices are holding as the leasing alternative offers a very positive plan B.
Business sales is an interesting one. This is a new division within our company and one we are particularly keen about moving forward. Our results have again been good but what is excellent is that we now have become relevant in this field and are now gaining a lot of business’s for sale.
Our company had a compliance visit from the Real Estate Board in April and fortunately we came through with flying colours.
What was pleasing to hear was that it appears according to the Real Estate Board Compliance Officers, that our business is one of the few that is actually expanding in this current difficult climate. Evidently a lot of companies have been reducing their staff and cutting costs.
The demand for our services continually drives our expansion and what is pleasing is the amount of business we are now receiving from recommendations.
Thanks for taking the time to read our newsletter, stay positive, look after your family and we’ll catch up with you again next month.
The Team at De Freitas & Ryan
