Zango Snags Former REA Executive Darryn McRae

November 20, 2020

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.”

November 20, 2020
Victoria has been writing about property portals and marketplace sites for Online Marketplaces for over 3 years. She is also our resident artist and is responsible for all of the infographic content on the site.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Untitled Design 15 1
Realtor.com Reveals Updated Traffic Claims in Blog

Realtor.com has reported strong growth in traffic, engagement, and search visibility on a new blog post, citing recent data from...

Read More
Zoopla New Logo Houses 1
Business Masthead Claims Silver Lake Has Put £500M Price Tag on Zoopla

The British business-focussed newspaper, City AM has claimed that the UK's number two portal Zoopla has been put up for...

Read More
Untitled Design 11 2 2
CoStar Group Q1: Revenue Up 12% as Homes.com Experiments with Vendor-Paid Advertising

CoStar Group has reported strong Q1 2025 results, with the U.S.-based real estate data and marketplaces giant posting $732 million...

Read More
Prophero 3
PropHero Cuts Australian Staff as Focus Turns Towards Europe and Asia

PropHero, the AI-powered CRM platform that helps property buyers find investment opportunities, has confirmed changes to its Australian operations just...

Read More

Editor's Pick