Takeaways from October 2024

I know that a lot of people are interested in what we are up to, so here are a couple of my takeaways from October.

Firstly – I was away for the last week of it. This in itself is remarkable, that I can take a week off and the place keeps running. A testament to my amazing team and the systems we have built.

Buckely and Co. headed up by Steve Buckley, have had their best month since joining us, completing 10 lease deals in October alone. Awesome work!

H and H Real Estate, Harry and Helen selling on Waiheke, joined us in September, and sold their first property with us on the last day of October, and another one this week as well. It is great to see things get started for them.

Colleague and friend Marcus Fava got his first deal away since starting with us and has followed that up with another contract!

It is super encouraging to see people join us, learn the systems, get the business, and then start listing and selling properties.

Our vendor paid advertising is steadily climbing, with just under $100,000 for October 2024. I know for many agencies, that would be a small month – but for us this number reflects progress, as we started from zero four years ago. Not a record, but a record October for us. This is the highest figure since last February when the market had a little lift. This shows where things are headed with more stock coming on.

Over the past week we saw the highest number of deposits that we have ever held at one time as well. There have been a lot of deals going on and it’s great to see the mood in the market changing.

​​​​​​​All these little indicators tell me that things are on the up and up. The key for us, in our line of work, is the number of transactions. Activity in the market is what we are after.
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I am sure we are not the only ones reading these signs and feeling optimistic about the coming months, as we move into 2025.

I found myself blaming the silly season for this feeling that I am really not getting much done.

Then I saw a post about how a lot of us here in NZ allow three months of our business lives to slip by.

When I think about it, the Melbourne Cup is kind of like the start of the silly season and that ends when the kids are back at school in February… Now I know that this does not apply to everyone but there is a temptation to ease off a bit.

I was speaking to a business owner this week, he said he is working really hard to finish a bunch of work and START SOME NEW PROJECTS so that he and his team have something to get into in the new year that already has momentum.

This is the same as my friend who has two auctions starting in February. He has work to go on with.

I for one don’t want to lose a quarter of the year and just blame ‘The Silly Season’ and I’m working on making sure that we start some exciting projects to grow and strengthen our business before the year ends.

Recycling Tip

If you have read this before, don’t be surprised. The main section of this post was written for LinkedIn. There are only so many hours in the day, and probably more social channels than we all have time for. Recycle your content, and get the word out there! It helps your personal brand to repeat your messaging anyway.

Have a great week.