Powered by MOMENTUM MEDIA
realestatebusiness logo
Home of the REB Top 100 Agents

Opportunity knocks for RE/MAX in Sydney growth suburb

By Grace Ormsby
03 April 2020 | 6 minute read
Cooper Wang reb

A new real estate offering will soon be making its home in Sydney’s Macquarie Park.

It’s been announced that Cooper Wang will be kicking off RE/MAX My Home in the suburb at the end of this month.

After spending the last five years selling off-the-plan apartments in Sydney, Mr Wang has expressed the belief that property buyer activity will increase in the coming years, spurred on by attractive interest rates since mid-last year.

==
==

The Epping local has indicated his market focus will be on two suburbs he considered as a “high priority” to the New South Wales government and residential sector.

“More than 6,000 new apartments will be built in Macquarie Park alone, so I anticipate a great deal of opportunity for buyers and sellers,” he commented.

RE/MAX has highlighted Mr Wang’s extensive business and corporate experience before he made the move into real estate several years ago.

“Cooper joined the RE/MAX U program, an incubator for ambitious franchise owners, in the second half of last year and from the outset had a plan to open his own office by mid-2020,” RE/MAX Australia director Josh Davoren commented.

“And he’s stayed right on track and true to his goal.

“He saw tremendous scope for growth for the RE/MAX network in Sydney and has seized the opportunity to be a part of it as a franchise owner.”

Mr Wang’s expertise is in off-the-plan sales for Chinese-speaking clients, and he expects this to serve him well as a focus over the next one to two years.

After that, he expects to be negotiating sales in existing properties for both English and Chinese-speaking clients, believing that “buyers will return to the off-plan market as prices in the real estate market rise over the next three years”.

“We focus on finding the potential buyer and closing the deal in off-the-plan apartments sales,” he noted.

As to staffing the new office, Mr Wang plans to grow his team as his client base broadens.

“Operating in a network with the size, scale, reputation and global reach of RE/MAX is an advantage. The majority of agencies in the Sydney off-the-plan market don’t have the reputation and reach of a number one global real estate brand,” he said.

“RE/MAX My Home’s reputation will be as the local expert providing professional real estate services, especially in the off-the-plan apartment market, firstly in the sales arena and later in property management as well.”

ABOUT THE AUTHOR


Grace Ormsby

Grace Ormsby

Grace is a journalist across Momentum property and investment brands. Grace joined Momentum Media in 2018, bringing with her a Bachelor of Laws and a Bachelor of Communication (Journalism) from the University of Newcastle. She’s passionate about delivering easy to digest information and content relevant to her key audiences and stakeholders.

Do you have an industry update?