Page 133 - KZN Top Business Portfolio-eBook 2022
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POISED FOR CONTINUED GROWTH         Currently, the company finds  itself in an exciting
                                             transition stage. It is perfectly positioned to handle
         Dynamic, flexible and perfectly positioned to become   future growth.
         South  Africa’s  next iconic real  estate  brand,  Tyson   The pioneering approach to doing business and sound
         Properties has grown from one of Kwa-Zulu-Natal’s   business principles for which it has become known
         most successful real estate franchises into a national   over nearly two decades remains. To complement
         company  that is poised to ride a massive  wave of   these tried and tested values, the company has
         change in the country’s real estate market.   embraced state-of-the-art technology and led the
         The company was birthed in Durban in 2005 by   way in innovative marketing of properties for which it
         respected real estate entrepreneur, Chris Tyson, and   has secured mandates.
         his business partner, Gavin Cunningham. Determined   In 2022, Tyson Property Holdings was created to
         to lead by example and inject transparency and   support and grow the company’s regional operations
         integrity into a sector that was riding a wave of   in Gauteng, the Western Cape and KwaZulu-Natal.
         change and firmly on the road towards greater   Nick Pearson, the regional director of the Western
         professionalism at the time, the partners started out   Cape region, was appointed CEO overseeing national
         with a single office and a staff of just six.   operations whilst Chris Tyson became chairman,
         Chris Tyson’s founding vision was to create a specialist   responsible for fine tuning the strategic direction of
         agency that was not only in tune with the needs of the   the company.
         KwaZulu-Natal property market but one that offered   Going forward, Tyson expects Tyson Properties to
         clients exceptional service and agents a platform   cement its position as a leader in both the provincial
         to excel. To attract the best property professionals,   and the national property sectors.
         he provided a happy and professional working
         environment, together with training, resources and   “We’re  not  just  an  estate  agency,  we  are  redefining
         innovative operational systems.     our industry. We embrace change and continually
                                             challenge tradition. We do business differently, giving
         Proof of the efficacy of this approach is the fact that   our clients the winning edge. Our vision is to continue
         Tyson Properties currently has 420 agents that have   to build our reputation as an exclusive agency that
         built up a strong network of business associates   represents quality service, honesty and integrity. We
         and an extensive referral base. The company has   want to grow our business by partnering with the
         won numerous awards and has a reputation for   right people who will live our brand. To be known not
         professionalism  and  integrity,  making  it  the  brand     as the biggest, but as the best,” he says.
         of choice for property investors in KZN over the past
         17 years.                           Pearson adds that, as a brand, Tyson Properties is
                                             heavily invested in the South African market. “We are
         “Our  focus  has  always  been  on  quality  service  and   here to make some changes, even ruffle a few feathers
         working together to achieve a winning solution,” says   – but, ultimately, we want to grow into our potential
         Tyson.                              which is to be SA’s next iconic real estate brand. To do
         Every year, Tyson Properties has exceeded its   that, you have to believe in your country, grow with
         forecasts, grown its footprint and increased its   it and be flexible enough to identify and meet the
         market share. In addition to marketing residential,   market’s needs.”
         commercial and rental properties, Tyson Properties
         has expanded its service offering in Durban to include
         a property management division that specialises
         in the administration of exclusive properties and
         sectional title developments.
         The strong foundation on the East Coast paved
         the  way  for national  growth  and,  in  2010,  offices  in
         Johannesburg and the Western Cape opened almost
         simultaneously.  Aggressive  growth  across  all  three
         markets and the roll out of new offices has positioned
         the company to benefit from accruing strong market
         share within a very short timeframe.
         Over the years, Tyson Properties has navigated a
         number of challenges – including a global recession
         in 2008 and the Covid-19 pandemic. Despite the
         resulting economic fallout  from  the  latter,  Tyson
         registered  its  best  growth  year  ever  in  2021  with
         turnover increasing by 25 percent.

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