LOS GATOS, Calif.--(BUSINESS WIRE)--The Silicon Valley Association of Realtors says that sales of existing homes are showing signs of significant improvement. The drop in market prices is likely nearing an end, indicating that supply may be stabilizing and demand is rising. In many areas outside the overbuilt markets, home prices may stabilize and begin to recover before the end of this year.
In 2007, real estate agents experienced record low transaction volume. The Santa Clara County market bottomed out in January 2008 with just 341 closed single-family home transactions. Since then, closed transaction volume has increased every month with 424 in February, 585 in March, 657 in April, 874 in May and 931 in June.
However, Asante Real Estate Group in Los Gatos tripled its transaction volume and gross revenue in 2007 and is continuing its rapid growth in 2008. Audrey Shilling of Asante Real Estate Group in Los Gatos experienced her best real estate year with 50 closed transaction sides in 2007.
Jen and Stacy Marley joined Asante in 2007. After just one year at Asante, Jen and Stacey went from struggling in the real estate business to thriving as Real Estate Agents - now they are the new owners of the Asante Franchise office in Los Altos California.
Asante Real Estate Group has opened nine (9) Bay Area franchise offices with over 100 exceptional real estate agents. Asante Real Estate Group is now building a network of franchise offices throughout the greater San Francisco Bay Area.
Asante's rapid growth and high transaction volume is driven by Asante's superior value propositions that enable buyers and sellers to keep more of their money. Asante rebates up to 66% of the buyer's agent's commission to buyers who find their home. This means that the buyer can get a rebate of up to $20,000 for the purchase of a $1 million home.
Asante also lists homes for only 1% of the total purchase price in addition to the buyer's agent's commission. For a $1 million home, the seller saves from $20,000 to $40,000 in real estate commissions and Asante earns $10,000 to $20,000. Asante Real Estate Group is a Full-Service Real Estate Company that works with homeowners to massively reduce the high cost of buying and selling homes.
We are proud of the positive financial impact we have on the financial lives of our clients. In fact, Asante's Los Gatos office saved clients over $4.2 million in commissions and fees in 2007, and Asante Real Estate Agents make more money because our superior business models drive massively higher deal flow.