Las Vegas, Nevada Real Estate Brokerage Bucks Industry's Consolidation Trends
Despite widespread consolidations in real estate offices nationwide, Realty ONE Group has managed to expand its operations and become Nevada's number one real estate brokerage in less than three years.
Las Vegas (PRWEB) March 27, 2008 -- The nation may be crying "housing slump," but one real estate brokerage isn't listening. As its competitors are closing their doors, Realty ONE Group, Inc. continues to expand by adding 3 new Arizona offices so far this year to its existing branches in Scottsdale and throughout Nevada, bringing the current total to 10.
Since Realty ONE Group opened its doors on May 1, 2005, the independent Nevada real estate brokerage has achieved phenomenal success and during a sluggish market. In less than 3 years in business, Realty ONE, with over 1,600 associates and close to $1 billion in annual sales, has grown to be the largest Nevada real estate brokerage, as well as a highly respected firm in both Nevada and Arizona with incredible momentum and a very promising future.
Among Realty ONE Group's many noteworthy accomplishments so far this year, the exciting Nevada real estate brokerage has:
- Launched its new Luxury Homes Division (http://realtyonelv.luxuryportfolio.com) that markets properties priced over $1 million.
- Launched its new Commercial Services Division (under the name of Vertical Realty).
- Hired its 1,500th agent on January 15, surpassing all other Nevada real estate brokerages in size!
- Opened three new Arizona real estate offices, totaling 10 locations (four in Arizona and six in Nevada).
Last year's sales, during Realty ONE Group's second full year in business and a market crunch, reached a very impressive $875 million. And the company's President and Corporate Broker, Kuba Jewgieniew, reports that the Nevada real estate company is "on target to top $1 billion in sales this year with many more exciting milestones to be met."
Defying all odds, Realty ONE rose to its number one position during a nation-wide soft market that rained the hardest on the sunny states of California, Florida, Nevada and Arizona -- the last two being Realty ONE's playing field. These markets, as well as others in the nation, felt the adverse effects of tightening mortgage guidelines, slumping home values and skittish buyers.
So as analysts grimly pointed out that the soft market was a reminder of the cyclical nature of real estate, and other real estate companies struggled to keep from folding, Realty ONE Group has hit home runs with one major milestone after another.
"Realty ONE's phenomenal growth during such challenging times is attributed to attracting and attaining the finest real estate agents in the industry. We provide our Professionals with our very own, state-of-the-art technology, an abundance of tools and resources, marketing programs and a very supportive environment," notes Jewgieniew.
To learn more about Realty ONE Group, Inc., visit www.RealtyOneLV.com.
About Realty ONE Group, Inc.: Realty ONE Group, Inc. is the largest real estate brokerage in Nevada with over 1,600 professionals and 10 prestigious locations in Nevada and Arizona. Realty ONE Group, Inc. ensures that every real estate transaction it undertakes is backed by unparalleled experience and knowledge.
Contact:
Katherine Peck
Realty ONE Group, Inc.
(702) 898-7575
http://www.RealtyOneLV.com
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