On Thursday, September 14th, a collective of the Realogics Sotheby’s International Realty (RSIR) Executive Team and brokers joined AREAA of Greater Seattle for the 2017 Emerging Gateways Luxury Summit. The event featured celebrity keynote speaker Josh Altman, a $3 billion realtor and star of Bravo TV’s Million Dollar Listing Los Angeles, along with a panel of experts who discussed local and global luxury market trends. Following the panel and guest speakers, guests mingled at a cocktail reception and mixer to share insights while taking in the gorgeous views at the Hyatt Regency Lake Washington.
The firm’s resales surpass $1 Billion in 2017, a pace of growth that is credited to RSIR’s exclusive marketing platforms, international buyers, and broker micro-branding
Representatives of Realogics Sotheby’s International Realty (RSIR) confirmed today the firm has posted more than $1 billion in closed and pending home resales year to date, not including $225 million in new construction condominium presales that are also pending. The firm pegged a 40.6-percent growth rate for sales volumes year-over-year so far in 2017, according to Trendgraphix, leading the top ten largest real estate brands. The relatively boutique-sized company, comprised of just 225 brokers, also leads its immediate peer group in the average selling prices ($985,000), average buyer contracts ($839,500), average listing prices ($2,177,900) and total listing production per broker ($2,910,710) when comparing on a trailing 12-month basis per NWMLS data as of August 31, 2017.
Written by Jennifer Johnsen Cameron
One of my brokers recently approached me with the desire to step up his game in order to increase his price point and sales volume. I found myself in a familiar moment, as I had not long ago been reflecting on this very subject. So I responded with what was on the top of my mind: “Don’t become that type of broker.”
My friend looked momentarily puzzled but I could tell he quickly understood what I meant. We then entered into a discussion about what qualities it takes to become a top producing broker and began looking at the characteristics of some major players within our industry.
We work in a very emotional and fluid business unlike any other, where we are constantly absorbing stress and emotion for our clients. It permeates into our personal lives and we must have thick skin in order to rebound quickly.
I’ve personally always felt an enormous sense of responsibility and pride in the level of service I provide to my clients. The best advice I was given as a brand new broker was, “do what is in the best interest of your client and the money will follow.” This tried and true advice has always served me well.