Events – Resort Brokers Movers & Shakers Lunch

ResortBrokers Movers and Shakers lunch event

Coast Beach Bar & Kitchen, Surfer’s Paradise was a fantastic venue for a delicious lunch hosted by ResortBrokers for over 50 of the most influential people (or Movers and Shakers) in the management rights industry.

The sponsors of the event were all invited to share some valuable insights and give a short update on various topics… Sharon Flood, Flood Legal Discussed the assignment process and all the fun we are currently having! Tony Rossiter, Holmans Spoke about advertising income. Matt Wallbridge, Hospitality & Strata Talked about wages for verification reports and sales figures.

Trent Pevy, Pevy Lawyers On ensuring your agreements are up to date and in great order. Nick Smith, Red10 Finance

Talked about interest rates and where they might be heading. Mike Phipps, Mike Phipps Finance Spoke about the lending market trends and financial market overview.

Todd Warner, ResortBrokers management rights space, he discussed the positive post COVID signs, regarding domestic tourism growth, interstate migration doubling, lowest ever vacancy rates for long stay rentals as well as the development boom that the Gold Coast is experiencing.

He spoke about how all of these factors are fuelling a buoyant market full of optimism and potential for what lies ahead during uncertain times.

He alluded to ResortBrokers coming off a record FY year in 2021/22 with over $375M in total sales being a record for the 35 years that ResortBrokers have been around, since Ian Crooks started his company way back when.

He added that 2023 was already shaping up to be a terrific year of transactions both nationally and especially here on the GC.

Some facts from ResortBrokers:

At ResortBrokers since July 1, we have settled 48 properties in Q1 of 2022 / 2023 to a value of under $100 million dollars in value, agreed 50 deals to value of $85 million and listed and listed 153 properties for the quarter.

At ResortBrokers on the Gold Coast since July 1, we have sold and settled seven properties worth $7.1M on the Gold Coast and has a further 19 properties worth an additional $27.5M under offer/contract. In total this puts our deals on the Gold Coast at 26, worth a total of $34.6M this financial year.