Raine & Horne is an Australian real estate franchise group, consisting of distinct residential, commercial, rural and international holdings. It is one of Australia's oldest family-owned real estate firms and is one of the oldest private companies in the Southern Hemisphere.
History
The company was established by Tom Raine and Joseph Horne in 1883 when they opened their firm at Wentworth Court, Elizabeth Street in Sydney.[1]
By the 1970s, the Raine & Horne network stretched across Sydney, but driven by the enthusiasm of then chairman Max Raine, the Raine & Horne Board then decided to pursue a franchising business model, with its first franchised office opening in Liverpool, NSW in 1976.[2]
The Raine family has been continually involved with the firm since its inception in 1883, and Raine & Horne is now into its fourth generation of family ownership under current Executive chairman Angus Raine.[3]
The company employs thousands of people in a network of several hundred offices across New South Wales, Queensland, Victoria, South Australia, Western Australia, Tasmania, the Northern Territory and the Australian Capital Territory.