NORTH AMERICA UPDATE

What a fantastic first quarter we have had from the Harcourts North America network. With the continued changing status of the market and inventory levels in most marketplaces sitting very low, we are proud that our agents have been able to continue to build on the success that they built in 2022. By focusing their business on obtaining listings, our agents have been able to position themselves in their marketplace to thrive in their business and not be caught out with just buyer representation to get deals done which we see as an incredible testament to their ability to navigate a changing marketplace and adjust their business accordingly.

February saw our coveted Harcourts Hype and Annual Awards evening being hosted in Nashville, Tennessee. This two-day event brings together our business owners and top performing agents to hear from several guest speakers covering off on topics to do with the real estate industry, business growth and mindset in the business. Everything culminated to our Annual Awards evening that recognized the incredible success of our agents from the previous year. This was an amazing evening that was put together by our whole team and could not have gone as well as it did without everyone’s support. I want to thank all the business owners and agents who came out to celebrate with us and the hundreds of agents who joined the live stream to make the celebration one to remember.

Lastly, we are excited to announce the continued growth of our Harcourts North America network with the opening of two new offices in Oregon, Harcourts Home Oregon Coast and Harcourts The Garner Group – Redmond. We welcome Taj Richardson to the network who will be heading up the team at Harcourts Home Oregon Coast in Lincoln City. Taj has been a broker on the Oregon Coast for several years now and saw the opportunity to join the Harcourts network as one that could not be passed up, especially with the ability to utilize the non-distressed auction process as a revolutionary tool for the business. Secondly, we want to recognize and congratulate The Garner Group on their newly opened expansion office in Redmond, Oregon under the continued leadership of Sara LaFaver, Erica Davis and Shelley Griffin. The team saw the area as an incredible opportunity to continue to break into new marketplaces and build off their already successful business in Bend. As a network, we could not be any happier for both Taj and The Garner Group and congratulate them on their new ventures. We are excited to see the continued growth and success of the Harcourts brand in Oregon.

Ben Brady CEO, Harcourts North America ben.brady@harcourts.net