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Rural division posts four consecutive record months

By Lyndsey Douglas

Ray White Rural has recorded four consecutive months of its highest ever sales results, totalling nearly $600million in sales in the first four months of 2018.  

The 24-year old rural division of the 130-year old major real estate network has recorded new monthly record transaction results every month in 2018, chief executive officer Stephen Nell said.

“In January, total rural properties sale values were 30 per cent higher than the previous highest January. In February, our agents sold 85 per cent more than 2017’s February values,” Mr Nell said.

“In March, our settlements were a 50 per cent improvement on March 2017 and in April, Ray White Rural agents posted 70 per cent more in sales than April 2017.”

Mr Nell said the organisation was eagerly anticipating the results for May, a typically strong month.

September is traditionally the strongest trading month for the rural division of the company.

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