McRae has been named Zango’s new CEO

A former REA exec is hopping ship to another Australian property portal, this one focused specifically on the Canberra real estate market.

Zango has announced that Darryn McRae will be replacing Ben Faulks as the company’s CEO. Faulks isn’t leaving Zango, though. He has switched to the Director role, moving forward.

Zango Director Ben Faulks says:

“It’s been a real privilege to hold a leadership role with Zango and to witness the coming together of the  Canberra real estate industry. I am delighted to support Darryn as he assumes the role, and to continue to  play an active part in the business moving forward.”

McRae was REA’s third longest-serving employee with almost two decades of deep experience in digital real estate marketing under his belt.

At REA, McRae held the Sales Manager for NSW roll for the last five years and has been key in developing and implementing sales strategies to boost and support customer experience and advertising revenue for the residential sector of NSW.

McRae chose to switch employment because of how attractive Zango’s business model is:

“I was particularly drawn to the fact that the ACT is a smaller market and Zango’s structure and systems mean it can be nimble which is incredibly important in today’s digital world. The agent-owned model of  Zango is also unique and I am excited to immerse myself into that dynamic.”

Faulks says:

“Darryn is a seasoned professional in the property portal space, so to be able to secure his services for the people of Canberra is huge validation for the work that we’ve been doing.”