April 09, 2009 // Franchising.com // Baltimore, MD - Advance Realty was recognized in RIS Media's April 2009 Issue of the Annual Power Broker Report Survey.
The Annual Power Broker Survey aptly described the hardships of 2008 but also shed some much needed light by naming those who remained strong. These Top 500 real estate companies kept pace in a constantly changing market, remaining positive despite the odds. Out of 950 responses nationwide, Advance Realty ranked a solid #358 for transactions and #382 in sales. Among their competitors were RE/MAX, Coldwell Banker and Keller Williams.
Even though the total number of transactions from all brokers in this year's report had dropped from 2,322,210 to 1,925,374 and most real estate firms had 550 less transactions on average, Advance Realty's ranking went up nearly 100 slots from last years place of #451 in sales and #456 in transactions.
With an optimistic mindset, future-forward technology platform and full service model, Advance Realty has managed to increase their numbers by focusing on growth, development, and strengthening the support network. Recently two new offices were opened, one in Cape May, New Jersey and the other in Baltimore, MD, with more on the horizon.
Harry Blondell, CEO states; "Our brand has proven itself to be very stable because of our full service discount model as we have now recorded continual growth in the best and worst of markets and the current economy has driven consumers more than ever to find more value for their money. Our strategy for development in 2008 met with great success and we are entering our next phase with two new locations and four more to announce by the end of the second quarter. 2008 was a tough year in the real estate industry and we continue to apply sound business practices along with a model that gives our brokers the flexibility to adapt with a changing market."
Advance Realty, known for its low 1.75% fee and consumer-driven programs, was established in 2001 in Baltimore Maryland. Within the last three years, Advance has moved into five states with many locations based in Maryland. Through the "List more, sell more" system, agents are offered the most incentive rich, income-generating programs available in the trade and the most long-term profitability. Advance Realty, "The Full Service Discount Experts" offers complete real estate services and money-saving programs to clients in addition to numerous agent benefits including profit sharing, integrated real estate technologies and comprehensive training.