HELPING HAND ASSISTS AGENCY TO GROW

HELPING HAND ASSISTS AGENCY TO GROW

WHEN Andrew Coronis (pictured) took over Springwood-based Modus Realty a year ago, former owner Tim Heffernan was battling in a tough market.

Throughout the next 12 months Coronis transformed the business from the brink of closure to improve sales and profitability.

“Heffernan is now precinct leader, continues to manage the business and receives his share of the profit,” says Coronis, who runs the real estate network Coronis Property.

“We wrapped our name and systems around it and went from not making sales to eight a month. It is the same team, location and people, but they are doing a lot better because of our in-house systems.”

Coronis is continuing along the acquisition trail and plans to purchase another agency in Springfield Lakes.

The agency network also hopes to open offices in Forest Lake, Sunnybank, Ipswich, Nerang and possibly Lismore in northern NSW.

The expansion is part of the Coronis Project 50 strategy of opening 50 offices by early 2017.

“We like to find the right-cultured people [who] have set values in our business and what we want to achieve in life for our families,” he says.

Coronis says the company is financially stable and profitable. Revenue increased 14.7 per cent to $17.9 million in the 2012 financial year.

“We are setting up a corporate structure where we can have very good economies of scale. The benefit to our customers is we send a consistent message and level of service to them,” he says.

Help us deliver quality journalism to you.
As a free and independent news site providing daily updates
during a period of unprecedented challenges for businesses everywhere
we call on your support

How communications technology can raise the bar on customer service, employee experience
Partner Content
From capturing feedback early to providing messages with a higher rate of cut-through, ...
Advertisement

Related Stories

EML Payments awarded $320m government contract to help stimulate the Spanish arts sector

EML Payments awarded $320m government contract to help stimulate the Spanish arts sector

Global payment solutions business EML Payments (ASX: EML) will play...

Microbio goes public as med-tech tackles condition that causes 11 million deaths per year

Microbio goes public as med-tech tackles condition that causes 11 million deaths per year

Brisbane-based medical technology company Microbio has stepped...

Available anywhere and everywhere: Lifestyle brand The Somewhere Co. targets global expansion

Available anywhere and everywhere: Lifestyle brand The Somewhere Co. targets global expansion

Despite a difficult few months for everyday wares outfit The Somewh...

G'day space: Australia is "go" for launch

G'day space: Australia is "go" for launch

Just after midnight on Monday 27 June, above the vast wilderness of...