Maxsell Grows Others Shrink
2008 was one of the worst real estate markets in the history of Metro Atlanta. The number of sales dropped, the value of real property dropped (although only slightly in Atlanta), and many builders, lenders, and realtors were forced to leave the business. However, the story was different for us at Maxsell Real Estate. As a small company, only 3 years old, many could have predicted a down year or possible failure. However our team of quality agents experienced solid growth across the board during one of the worst real estate markets ever.
Growth in a down year!
Maxsell Real Estate saw the following improvements for 2008 vs 2007:
184% increase in number of transactions
120% increase in volume of transactions
115% increase in gross commission income
138% increase in number of agents
These numbers would put us #8 in Cherokee County Market Share ahead of both Re/Max offices and Jenny Pruitt and within immediate striking range of being #6 on the list (Metro Brokers). A great job for a down market and we look forward to an even better 2009!
We did all of this while the average real estate brokerage lost 30% of their agents and a similar number in productivity. The Cherokee Association of Realtors is down from 1150 Realtors to approx. 815 (down 29%+/-).
How did we do it?
First of all, we are diversified by servicing residential, commercial and land transactions. But more importantly we only hire quality people to represent Maxsell Real Estate as agents for our clients. The public trusts our agents to be honest and tell them truth, not just what they want to hear or what it takes to get the listing. Our commitment to using the latest technologies also keeps us ahead of the competition. However, the number one reason Maxsell Real Estate experienced growth in 2008 is because of our clients. Thank you for trusting Maxsell Real Estate with your real estate goals!
Happy New Year and may 2009 be your best year ever!
- Brad Nix, Managing Broker
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