Our history

Our History

The original team!

1 June 1986

Property Brokers was formed when Tim Mordaunt and Don Brown purchased Michael Gray Real Estate at 236 Broadway Avenue, Palmerston North. Property Brokers was open for business


November 1986 - Property Brokers becomes part of United Realty


February 1987 - Property Brokers Feilding opened in the United Bank building 


November 1987 - Property Brokers Dannevirke opened, also in a United Bank building


'Property Brokers Livestock' was formed in Feilding and later sold to Williams and Kettle in 1997


‘Property Brokers Insurance’, formed. It still trades today as ‘Property and Commercial Insurance Brokers’ 


The Head Office building was built on the old site in Palmerston North, two new branches were opened on the The Square and Rangitikei Street 


The Masterton branch was purchased from the local United Realty World franchisee 


Property Brokers leaves the United Realty franchise, which now trades as Ray White


‘Property Brokers Auctions’ was started, in Feilding for the purpose of selling farm machinery from beside the Feilding sale yards. 


Property Brokers in Carterton was opened 


50% of Pahiatua Realty was purchased forming Property Brokers Pahiatua Limited 


The NZ Realtors Network was created


Opened Property Brokers Hastings and Greytown


Opened Property Brokers Havelock North, Martinborough, Waipukurau and a new office was built for the Masterton branch


Property Brokers Napier and Foxton opened


Property Brokers Ashhurst was opened 


Tim Mordaunt awarded the Order of New Zealand for services to the community 


Property Brokers make a commitment to supporting Relay for Life and remain a major sponsor today


A Property Brokers office was opened in Modena, Palmerston North and the Taihape branch came onboard


February 2005 - Property Brokers Marton opened 


October 2005 -  Property Brokers Taradale opened  


October 2005 - ‘Property Brokers Compliance and Electrical’ was established as its own company



July 2006 - Property Brokers celebrates 20 years in business! 

July 2006 - Property Brokers Clive opened 



June 2008 - LJ Hooker Napier was purchased and integrated into the Napier branch 

August 2008 - Ray White Whanganui was purchased and re-branded as Property Brokers



May 2009 - Sutton’s was purchased in Marton, Bulls, Foxton and Wanganui and amalgamated into Property Brokers branches 

July 2009 - The IT Help Desk was established and the Marketing Department was expanded




Hastings McLeod Limited became a franchise of Property Brokers, expanding the brand into the South Island 

The Integra Property Management rent roll was purchased and the Levin branch was opened 

The first “Race to the Brewery” to raise money for Relay for Life, now a favourite annual event run by Property Brokers


The franchise in Taihape became a company branch


Property Brokers Matamata and Te Kuiti opened in the Waikato


The Professional’s rent roll was purchased, meaning Whanganui PB Property Management had 400 properties under management


July sees Property Brokers expand further into the Waikato opening the Te Aroha branch with a full suite of services including Residential, Lifestyle, Rural, Commercial and Property Management. 



February 2015 sees more expansion into the King Country/Waikato area, opening the Taumarunui branch, offering Residential Sales and Property Management.  

March 2015 Property Brokers opened a new branch in Wairoa, the northernmost town in the Hawke’s Bay region.


Property Brokers expansion into the Waikato continues, opening a branch in Taupo. 



Property Brokers opened its new Head Office/Branch in Palmerston North, located next door to the original site of Property Brokers’ first office. Previously the Palmerston North teams worked out of four separate buildings. This modern, state-of-the-art building shows how far the company has come from its humble beginning.

The Waikato is expanding again, with the opening of Tokoroa branch AND Morrinsville branch! 







Otaki branch became Branch 42 when it opened it's doors on 1 June 2018. 

Leeston branch became Branch 43 when it opened it's doors on 10 July 2018

July 2018 - Property Brokers purchased Realty List and Sell (previously trading as Ray White Taupo) doubling the size of the Taupo branch overnight.

Property Brokers launched its new branding on 1 August 2018




Quay Real Estate in Gisborne joins the family, going live on 8 August.

Property Brokers Ltd purchases the real estate business of Hastings McLeod Ltd as well as its subsidiaries Buller Real Estate in Westport and E V Arthur in Greymouth and Hokitika. Property Brokers becomes one of the largest privately held real estate businesses in New Zealand. 

Property Brokers enters a strategic partnership with Farmlands Cooperative. This moves Property Brokers to over 65 locations with over 700 staff from Kaitaia to Invercargill.


Te Awamutu joins the PB family when the former Pastoral Realty becomes Property Brokers on 6 January 2020


Whakatane becomes the newest branch, changing to Property Brokers on 28 February 2020


The acquisition of Southern Wide Otago expands the Oamaru and Dunedin PB branches while adding in Alexandra.


Staff 2019 Large

The Current Team!