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Today marks National Family Business Day, an occasion that honours the role that family businesses play in shaping Australia’s economy, community and culture.
National Family Business Day takes place today, 19 September, and the fully family-owned and operated Raine & Horne network is taking a moment to acknowledge the contributions of other family-owned businesses in the real estate sector.
Founded in 1883, Raine & Horne is now led by executive chairman Angus Raine, the fourth generation of his family to lead the network and a strong advocate for the “distinct advantages” that family-owned real estate businesses bring to market.
“Longstanding leadership within family businesses ensures stability and consistency of service and business values, which is why our principals continue to trust us,” he stated.
As an industry made up largely of small businesses, it’s common in real estate to find agencies run by all types of family units – parents and their adult children, siblings, husband-and-wife teams, and beyond.
This is certainly true at Raine & Horne, as the network highlighted in honour of the day.
In the Central Coast of NSW, Andrew Tregent, the co-principal of Raine & Horne Ettalong Beach/St Huberts Island, is a second-generation Raine & Horne principal following in the footsteps of his father Tom.
Similarly, co-principal David Keenan is an agent who is building his own family legacy by working alongside his sons, Sam and Jack, in the agency’s property sales department.
Looking back on his 20 years with the Raine & Horne network, Keenan shared why it’s important for him to work with his family, and see those values reflected in the franchise he’s with.
“Being part of a family business is significant to me, especially as I integrate Sam and Jack into our business. The lessons I teach them as their father – honesty, trust, and making the tough calls – are the same principles I instil as their boss,” he said.
Over in South-East Queensland, Jacqui Read, the principal and general manager of Raine & Horne Robina/Mudgeeraba/Nerang, runs the business alongside her husband Jason, and daughter Jasmine Turpin, with another daughter Jemma Turpin working in property management.
While Read acknowledged that working in a family business can occasionally “blur the lines between work and home”, the principal expressed that this connection “fosters unity” and ensures that everyone is “working towards the same goals”.
“Having family involved adds a significant layer of trust, and while there’s a risk of talking real estate at home, real estate is a lifestyle, and our girls have grown up in it,” she said.
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