Real Estate Investor Magazine South Africa May/ June 2020 | Page 59

G reeff completed his tertiary studies in Perth, Australia and went on to become one of a handful of brokers under the age of 30 in South Africa. During a period when the average age for real estate agents was upward of 60 in the country. “The challenge at the time was that the Real Estate Brokering brand was not an attractive one for young graduates fresh out of university who generally saw brokering as a fairly unprofessional and unsustainable career option”, says Greeff when asked about the stigma attached to the property industry. “In his first year, he received the award for the Number 1 Broker at National Level at one of the largest real estate firms in South Africa - a prestigious accolade that traditionally went to brokers with roughly 10 - 20 years of experience over him and three times his senior.” In his first year, he received the award for the Number one Real Estate Broker at National Level at one of the largest real estate firms in South Africa - a prestigious accolade that traditionally went to brokers with roughly 10 - 20 years of experience over him and three times his senior. Greeff successfully went on to win this award back to back for three years running. His success quickly drove him to Regional Manager of the City Bowl territory within the company, which is when he saw the gap in the market to scale his service offering by putting together a dynamic team of primarily young professional brokers that operate in line with International Standards of First World cities such as Sydney, New York and London. “In order to offer this more contemporary and superior service on scale, I needed to attract talented young graduates which required vigorously repositioning the Real Estate Brokering brand in their eyes, coupled with setting up a Brokerage that trains, supports and upskills a team of professional brokers. The result has been that we have also been able to offer a superior platform to our experienced brokers looking to build on their successes,” says Greeff. Greeff’s unique strategy was an immense success in the market place and four years into his career he acquired several Greeff Christies International Franchises in areas that the family business had previously very little to no representation. At age 26, Greeff’s business was comprised of 20 professional brokers between the ages of 20 - 32 years old and was turning well over half a billion Rand in sales per annum and had achieved significant sale price records in prestigious areas such as Higgovale and the V & A Waterfront. “As a group we pride ourselves on being the leading brand in cutting edge international innovation and professionalism with a personal touch. This unique recipe adds significant value to clients when they are disposing of what is invariably their biggest asset. On average our brokers sell roughly 3-4 times more property than the average National Estate Agent,” says Greeff. Mike Spencer, Property Development lecturer and author of The Landlord, echoes these sentiments: “Fewer younger agents have stuck it out, resulting in the current state where the average age of most estate agents is over 60. This pool of skills is unlikely to be around for many years to come and there is an urgent need for new entries to the industry and transfer of skills.” Greeff adds: “The feedback I have received from young people that have fallen out of the industry is that many of the traditional style agencies aren’t equipped with the relevant systems, management support and contemporary training which therefore makes it exceptionally difficult for young people who have entered the industry to get out of the starting blocks.” Today Ryan's Franchises have a staff complement of over 50 people and in many of the areas they cover they hold leading market share. According to Prop Stats SA: “The Greeff Christies International Real Estate, sold on average roughly one in every four properties in their areas of operation in 2019.” Greeff is also active in the Property Development and Investment space, as well as in public speaking. This passion of Greeff’s has translated into support in previously compromised communities where he focuses on training and upskilling aspirant entrepreneurs to help them realize their dreams. Greeff on his secrets to success: “My passion for the industry, assisting brokers thrive and creating employment are some of the primary components that have always driven me personally. I have also been exceptionally fortunate to work with a group of talented individuals, without them I believe that none of this would have been possible. “Growing up in a home with parents that were active and successful in the Real Estate Brokering and Property Development arena, as well as the strong tertiary education experience I had in Australia, have all played a significant role in my development and growth as a business person/ entrepreneur and I will continue to draw on these experiences to give back to this great industry and the people in it. I am grateful to work closely with my brother Tim Greeff whom, after exceptional success as a broker himself, is now playing a significant role as a leader in upper management at our Southern Suburbs Office. He and I regularly bounce ideas off each other and are strong pillars of support for one another, which has been invaluable to my journey thus far.” SOURCES Greeff Christies International Real Estate, Property Professional & Prop Stats SA SA Real Estate Investor Magazine MAY/JUNE 2020 57