SUNIL KUMAR
CEO/Founder As stage 4 lockdown prepares to come to an end, and we have witnessed the American election and second lockdown in the UK, Australian property searches have increased in October, despite border closures. Reliance teams have continued to achieve excellent results with the reintroduction of onsite inspections. With the promise of a return to office, the focused, high performing teams have been dedicated to the commitment of the utmost professional service to our clients, working to a premium standard. Buyer demand is higher than a year ago. With borrowing costs at new historic lows after the Reserve Bank’s cash rate cut last week, and people restricted in the ways in which they can spend their money, it is anticipated that demand for properties for sale will remain at elevated levels. It is expected that for the remainder of 2020 we will see high levels of demand. The Reliance rental stats remain strong with 49 leased listings and 55 new listings. 79 Routine inspections were also carried out. Our teams continue to thrive in both the virtual and real world, helping prospective buyers and tenants through some difficult and stressful ways to buy and sell. Buyers have remained enthusiastic despite trying environmental times, with a fabulous 85 properties sold and 130 new listings in October. Reliance Real Estate has always thrived for growth. After 5 years of operating out of the Point Cook town centre, we thought it was now our time to grow. What a growth this is for our team and Reliance! We are delighted to announce that in a few short weeks, we will be taking over MICM Point Cook and have a new home located at the Featherbrook shopping centre. The team at MICM Point Cook will become a part of the Reliance network, together we will be able to bring a bigger and better service to the Point Cook community. We would like to thank the Point Cook community and our clients - past and present. We believe our success is your success, passionate about our community we call Point Cook home. We’re about supporting our neighbours and local businesses but most importantly we’re here to help you achieve your property dreams. We remain hopeful of the improving times and as always are committed to our clients. With the easing of restrictions, we look forward to a brighter future for us all.
Sunil Kumar CEO/Founder
