Queenstown estate agent's billion dollar prize

‘Billion-dollar’ award-winning local agent Jimmy Allen with colleagues Jess Coburn, left, and...
‘Billion-dollar’ award-winning local agent Jimmy Allen with colleagues Jess Coburn, left, and Phoebe Swale. PHOTO: SUPPLIED
Bayleys Queenstown chiefs believe a recent slew of awards reflect credit on not just their own franchise, but are a good marker on the state of the local residential property market.

Headlining the awards, agent Jimmy Allen won the ‘one billion dollar award’ for exceeding $1billion of sales over the past 10 years.

He was also recognised for completing the most deals of any agent in a medium-size Bayleys franchise over the past financial year.

The local franchise also won the ‘office auction award’ for medium-sized franchises for a network-record fifth time.

Local residential sales manager Dee McQuillan won ‘national sales manager of the year’ and Bayleys Arrowtown’s Tracey Laker was ‘residential rookie of the year’ — both network-wide awards.

The Queenstown office and Bayleys Projects together won the overall ‘marketing campaign of the year’ for selling down Frankton’s Five Mile Villas.

Local Bayleys sales manager Dee McQuillan with her ‘national sales manager of the year’ award...
Local Bayleys sales manager Dee McQuillan with her ‘national sales manager of the year’ award flanked by, from left, Bayley Corporation COO Duncan Ross, Queenstown chiefs Stacy Coburn and David Gubb and Bayleys CEO Mark Macky. PHOTO: SUPPLIED
"There are still some challenges out there, but compared to the rest of the country we are in a better position," owner/manager Stacy Coburn says.

He notes there’s a lot more product for entry-level, first-time home buyers, much of it under that "critical point" of $1 million, while investors had returned to the market, too.

Managing director David Gubb says the company is also tapping into Australia’s eastern seaboard through Bayleys’ shareholding in McGrath and partnership with Knight Frank, which is also a shareholder.

Coburn: "We’re certainly seeing a lot more confidence in that upper end," maybe spurred on by a loosening of the foreign buyer ban.

"We’ve got far more capability now and a lot of proven results in that top sector, which is $4m-plus — we felt it was an area of opportunity we could perhaps do better in." scoop@scene.co.nz

 

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