2011 Year End Stats
Transactions: 6,233
Volume: $2,156,226,885
Commission Paid: $59,543,483
Average Sales Price: $345,937
51.46% of transactions were listings
48.54% of transactions were sales
5% of sales were cash
Archive for February, 2012
2011 Year End Stats
Posted in Allegiance Stats, RE/MAX Allegiance News, tagged RE MAX, RE MAX Allegiance, RE/MAX, RE/MAX Allegiance on February 28, 2012 | Leave a Comment »
Great Housing News Today
Posted in Market Stats, Positive Economic News, Real Estate News, tagged RE MAX, RE MAX Allegiance, RE/MAX, RE/MAX Allegiance, Warren Buffett on February 27, 2012 | Leave a Comment »
Two bits of good news today:
1. Pending Home Sales Up
Signed contracts for U.S. home resales rose to a nearly two-year high in January, an industry group said on Monday, further evidence of a budding recovery in the housing market.
The National Association of Realtors said its Pending Home Sales Index, based on contracts signed in January, increased 2 percent to 97.0 — the highest reading since April 2010 when there was a stampede of activity due to the first time home buyer tax credit.
This news, in the middle of winter no less, should not be overlooked.
2. Buffett: Single Family Homes Better Long Term Investment Than Stocks
Warren Buffett says along with equities, single-family homes are a very attractive investment right now.
Appearing live on CNBC’s Squawk Box, Buffett tells Becky Quick he’d buy up “millions” of single family homes if it were practical to do so.
If held for a long period of time and purchased at low rates, Buffett says houses are even better than stocks. He advises buyers to take out a 30-year mortgage and refinance if rates go down.
170,000 Miracles
Posted in RE/MAX Allegiance News, Winners, tagged Children's Miracle Network, CMN, RE MAX, RE MAX Allegiance, RE/MAX, RE/MAX Allegiance on February 20, 2012 | Leave a Comment »
I am pleased to announce that we raised over $170,000 for Children’s Miracle Network in 2011! Here is the breakdown of the top giving offices:
1. Corporate/Leadership: $42,900
2. Leesburg Pike: $26,090
3. Burke: $23,385
4. Franconia $9,100
5. Ashburn: $7,096
Thanks to all of those who donated to CMN in 2011! Interested in giving? Sign up for the Miracle Home Program by contacting your front desk staff member.
January Company Top Producers
Posted in RE/MAX Allegiance News, Winners, tagged RE MAX, RE MAX Allegiance, RE/MAX, RE/MAX Allegiance on February 17, 2012 | Leave a Comment »
Congratulations to the company top producers for January. Office top producers may be found on the office facbook pages.
Highest Team Volume: James Nellis II – Burke
Highest Team Transactions: Ronald Sawyer – Chesapeake
Highest Individual Volume: George Torres – Leesburg Pike
Highest Individual Transactions: George Torres – Leesburg Pike
$117,000 Per Second
Posted in RE/MAX Allegiance News, RE/MAX News, Uncategorized, tagged Century 21, Century 21 Supoer Bowl, RE MAX, RE MAX Allegiance, RE/MAX, RE/MAX Allegiance on February 10, 2012 | Leave a Comment »
Century 21 spent an estimated $3.5 million – or $117,000 per second of air time for its Super Bowl ad on Sunday. The result? Meh.
I admit I was skeptical when I heard C-21 was going with a Super Bowl commercial. After all, the company had sworn off TV advertising fairly recently, instead claiming it was better to focus on the Internet. Perhaps they should have as a USA Today panel of consumers ranked the commercial second-to-last. The Wall Street Journal grouped it with a handful of “spots that fell flat,” based on the thoughts of advertising experts.
We all know that a Super Bowl commercial has to be killer since there are so many other awesome commercials that air during the game. So, instead of that money being spent on Super Bowl Sunday, what would it buy another time?
- On a National level you could purchase about 32 thirty second spots.
- On a local level in a top 20 market (Los Angeles, Denver, DC, Philly among others) you could buy over 3,000 thirty second TV spots in highly rated programming.
To put it into perspective, you could run a healthy local TV schedule for a good 12-15 months with a $3 million dollar budget.
I like the RE/MAX approach: spread the ad fund over multiple media channels over the course of a year. You get more impressions and your brand is not lost in the shuffle or picked on the day after the big game.
Hall of Fame Inductee
Posted in RE/MAX Allegiance News, Winners, tagged Michael Miller, RE MAX, RE MAX Allegiance, RE/MAX, RE/MAX Allegiance, REMAX Alleigance on February 2, 2012 | Leave a Comment »
Congratulations to Michael Miller of Virginia Beach office for being inducted into the RE/MAX Hall of Fame.
