Although 2008 has been a challenging year for real estate professionals and companies, it is important to remember that real estate is a local business and therefore I would like to share with you a few of Keller Williams Realty of Newport’s 2008 accomplishments:


While most companies are in danger of closing and losing money every month; we are financially solid in this market, we have ZERO debt as a market center but most importantly as a International company.

 

With the market being down 17.3% in Newport County and 17% in East Bay YTD over last year in terms of units we as our company we have had our struggles however we managed to be 48.6% over YTD last year for Agent Profit Share and have profit shared $25,000 to our agents.   

 

While board renewals were down last year and expecting a larger % this year with people getting out of the business our company has grown 28% YTD in 2008 and has finalized the opening of our satellite office in Bristol which will open its doors early 2009.

We have grown to # 14 with 1.38% market share in the state; # 2 on Aquidneck Island with over 10% market share and # 5 in the East Bay with almost 4% market share as well as a signifigently less days on market than our compitition. 

While our agents are dealing with a challenging market and reduced income, We as an office have raised over $25,000 in charitable giving contributions to our local community and beyond.


As you prepare for 2009 please consider aligning yourself with a company that is built to be recession proof and continues to be successful and grow their agents in a challenging market.  If you would like to discuss this further or explore what Keller Williams Realty can do for your business in 2009 please do not hesitate to contact me.