The rise and rise of Ray White Valuations
BY NINA CLARKE
Since its inception in 2019, Ray White Valuations has undergone a remarkable transformation, evolving from a small Sydney office to a prominent player across the eastern seaboard of Australia.
Recently having been awarded the number one office in the RWC network internationally, managing director Rob Wilson shares the journey of the company, reflecting on its growth, challenges, and future ambitions.
“ When we launched Ray White Valuations in 2019, we started with just 10 valuers and two administrative staff in a single office in Sydney,” Rob said.
The early days were far from easy, with the firm facing the aftermath of the LandMark White data breach and the onset of the pandemic.
“ We were in survival mode, focused on retaining relationships and safeguarding what we had; a solid team of respected valuers covering residential development, commercial, and going concerns valuations across greater Sydney,” he said.
Fast forward to today, and Ray White Valuations looks very different.
“ We now cover a comprehensive range of sectors, from residential development valuations to commercial, industrial, and retail properties, as well as going concerns like hotels, motels, pubs, service stations, childcare centres, and holiday parks,” Rob said.
From a modest team of 12, the firm now boasts over 50 staff members across three states. Key milestones in this growth include the establishment of a Melbourne office in 2021 led by Joshua Johnston and the opening of a Brisbane office in 2022 led by Michael Simson.
For Rob, one of the greatest points of pride has been cultivating an inclusive and supportive culture within Ray White Valuations.
“ Our industry, particularly in the commercial sector, has historically been male-dominated,” he said.
“ We’ re committed to creating opportunities for female valuers to thrive. Half of our assistant valuers are women, and we’ ve seen outstanding contributions from our young associates and a second-year valuer who is already excelling in her role.”
With a solid foundation in place, Ray White Valuations is poised for further growth.
“ We’ re investing in infrastructure, exploring new technologies, and continuously refining our services,” Rob said.
“ We’ re also looking to connect with and support other valuation practices that may be facing challenges with the tightening industry requirements. Our hope is to create strategic partnerships with these businesses that ensure our mutual successes moving forward.”
As Ray White Valuations looks ahead, Rob is confident the company’ s commitment to excellence, inclusivity, and collaboration will drive continued success.
“ We want to keep driving forward and creating opportunities for our current and future people to grow,” he said.
“ The next five years are going to be very exciting.”
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