Luxury Listings on Wall Street Journal Site

NEWS RELEASE

Harcourts’ Luxury Listings on Wall Street Journal Site

11 September 2007

Harcourts International Ltd’s exclusive South Pacific membership of the largest real estate network in the world means its luxury listings are now being uploaded to the Wall Street Journal’s property website.

Harcourts’ exclusive membership with the Leading Real Estate Companies of the World network (www.leadingre.com) was initiated three years ago, enabling its clients’ properties to be marketed through the other 4,700 member offices in over 30 countries for worldwide exposure. In 2006, the network managed over NZ$606 billion dollars in sales worldwide.

In 2005 when the network recognised it was managing more $1million plus property sales than any other group worldwide, it launched a specialist Luxury Portfolio division (www.luxuryportfolio.com) which has close to an extraordinary NZ$62 billion in $1million plus sales a year. These are the listings that are being uploaded to the Wall Street Journal’s property website (www.realestatejournal.com).

Managing Director of Harcourts International Ltd, Mike Green, said, “We clearly now operate in a global marketplace, and it is our responsibility to ensure that our sellers’ properties are exposed to the widest possible audience. The Wall Street Journal is one of the foremost and most respected publications in the world with its readership including the most influential and powerful people. We’re excited to be able to provide our clients with exposure to this market through their property website.”

Mr Green noted Harcourts clients had access to a distinct advantage in the market when promoting their luxury property, not only on the globally recognised Luxury Portfolio brand, but now being part of the Wall Street Journal. “With those Harcourts $1million plus listings uploaded to the Luxury Portfolio website, anyone looking for that level of property in this part of the world is automatically directed to Harcourts.”

He concluded, “With so much buying interest from overseas, being able to provide our clients with this next level of marketing exposure is an exciting initiative.”

ENDS

© Scoop Media