Like many modern success stories, the First National Real Estate Network can be traced back to humble beginnings. Early in 1981, a small group of independent Victorian rural real estate agents met to discuss the possibility of forming an association to maximise the effectiveness of their business in the face of increased competition from large, franchised organisations. As a result of this initial meeting, a steering committee was formed and given the task of establishing the ideals upon which such an organisation would be based. On three key issues the committee was unanimous.
The association should:
- Have the potential to develop nationally and internationally to provide its clients with a powerful network referral.
- Allow member offices to retain their independence, so they can continue to provide clients with local expertise.
- Seek the membership of only the very best agents in any particular town or suburb.
With these broad goals in mind, the ‘First National Group of Independent Real Estate Agents Limited’ was incorporated as a public company on 3rd December 1981, and the first Board of Directors elected on 16th February 1982. A program of growth was launched immediately. To ensure consistent quality of service, however, the membership criteria was further refined and expanded, with only those agencies possessing the following qualities being considered:
- Integrity and proven expertise
- A flawless reputation
- The desire to provide exceptional service
- Progressive leadership in their area
- Commitment to the ideals of the Network
Right around the nation, the unique First National philosophy struck a chord with agencies and clients alike, with membership and sales rising steadily