Agents hold station

MOST of Perth’s top real estate agents held their ground in the WA Business News Book of Lists 2003, with little change recorded among the top 20 agents from the previous year.

There has been a change at the top, however, even since publication of the 2003 list. Leading the pack now is Roy Weston, which has 45 offices in the State and 620 staff.

Significant property sales for the group included Marlston Quay Luxury Apartments at $14 million, and Lake Reflections Luxury Apartments at $22 million. 

After topping the tree in the 2002 Book of Lists, Ray White Real Estate came in second this year, with 60 offices across WA employing 575 staff.

Following in third position was Century 21 Australia Pty Ltd, while commercial firms, Jones Lang LaSalle and FPD Savills were placed fourth and fifth.

At the top end of the prestige housing market, the end with a lot more zeros behind the dollar sign, the stand out performers were real estate agent stalwarts Mack Hall from Mack Hall and Associates, Willie Porteous from Acton Consolidated and Dee Seed from Dee Seed Real Estate.

These three agents have decades of experience behind them in the Perth market and continue to dominate luxury properties sales.

Operating predominantly in the western suburbs real estate market, Mr Porteous said some of the properties he had sold in the past six months had price tags worth between $1.95 million and $7 million. His latest property listing was 20 Jutland Parade Dalkieth, which was on the market for a cool $17 million.

Mr Porteous said people were just beginning to realise what good value Perth property was.

“The market is going to boom, it just starting to boom, I am very optimistic about the market,” he told WA Business News.

Ms Seed said working in the luxury end of the market was not as easy as many people thought.

“That end of the market requires good service, in fact demands it, and when that amount of money is being spent, it is a far more discerning market,” she said.”

Ms Seed said an increasing numbers of investors in the Perth luxury market were coming from the United Kingdom and Europe.

“An enormous amount of British money is coming in, mainly from 45 to 60-year olds who are attracted to the climate and want to get out of the English winter,” she said.