Staff reporterDecember 7, 2020
With 10 years in the real estate industry, August 2017 was the biggest month ever for Ray White Double Bay agent Gavin Rubinstein.
Rubinstein has just sold close to $50 million worth of real estate.
Back from holidays, in only 19 days at a rate of $2.5 million a day for that period.
Despite reports of the slowing market and low house sales, he suggests each of the nine sales was a bullish result individually.
"While some people are promoting a lot of doom and gloom, I feel that the Eastern Suburbs property market is still in good shape,” Rubinstein said.
One sale was an off-market sale for $8 million in Dover Heights which fetched a street record.
His highest sale for the month was 327A Edgecliff Road in Woollahra which sold under the hammer for $10.1 million.
The buyers of one of his listings in Bellevue Hill were the strongest party going into the auction, but they weren't in a position to move until they had secured a sale on their own house, also in Bellevue Hill.
“We utilised our off-market platform strategy and attracted 20 qualified buyers and generated three formal offers for the buyer’s home within a couple of days.
“After a week, I had negotiated a premium result of $4.2 million for their property and simultaneously exchanged on their purchase for $6.75 million the same day (after 11pm at night),” Rubinstein said.
“The result: two very happy buyers and two very happy vendors.”
Among his 2017 sales includes the purchase in The Rocks by entertainer Larry Emdur.
More than 1200 real estate agents and guests last night celebrated the achievements of 2016-17 at the annual Ray White New South Wales awards.
Ray White Double Bay had a very successful night, picking up awards as the number one city office in settled commission and the number two office internationally.
Its elite agent Gavin Rubinstein also took home the number one salesperson awards to be the top residential sales operator in NSW.
Gavin Rubinstein can also claim to be the number one residential salesperson in all of Australia, and in terms of international rankings across all Ray White businesses, while he is the number three salesperson internationally for Ray White.
Ray White Double Bay director Craig Pontey, who received his 30 year tenure medal at the awards, paid credit to his whole team for its own success.
"We have a lot of agents in the top 10 and a number of sales people just outside (the top 10) and we pride ourselves on our training and the leadership that Mike Finger, Elliott Placks and I have invested in our business is paying substantial dividends," Mr Pontey said.
"Our salespeople love structure and leadership, and energy. Ray White Double Bay has a culture of harmony and family which is quite important and we work hard to maintain it. Our business has been going now for 30 years and we have come of age, not just in the Eastern Suburbs of Sydney, but in all of Australia.
"To be recognised as the number one office in Australia is no mean feat as there 1100 offices in the Ray White network.
"Ray White is the number one agency group in Australasia and it's a very valuable brand, not just to me as a principal, but also to all salespeople in the group.
"Ray White offers people a very big advantage in every market, and I want to pay my respect to the White family for their support and leadership."
Ron Kissell of Hurstville had reason to celebrate, not only being awarded number one salesperson in settled commission regionally but also taking the most prestigious award of the night; the Director’s Cup Award, given to the person identified as having made a significant contribution to the Ray White brand.
