Realogics Sotheby’s International Realty Delivers Benchmark Sales Performance In 2023
This month, Realogics Sotheby’s International Realty (RSIR) revealed the outcomes of their yearly sales assessments, comparing the top ten largest brands by sales volumes in 2023. RSIR maintained its leading position across several categories, boasting superior average sales values for waterfront homes on both ends of the transactions. Additionally, showcased higher production rates and greater inventory per agent, all while achieving swifter sales compared to competitors.
Dean Jones, President & CEO of Realogics, Inc., expressed pride in their global real estate advisors for consistently surpassing their peers across ten significant sales benchmarks crucial to consumers. Despite industry challenges throughout the year, Jones emphasized the impressive achievements of Realogics Sotheby’s International Realty as a boutique brokerage firm. He attributed these successes to the quality of their clientele, the caliber of their team, and their unwavering commitment to delivering outstanding results with each transaction.
Jones backed his statements with statistics sourced from Trendgraphix research, which collates data from the Northwest Multiple Listing Service (NWMLS). These statistics specifically reflect RSIR's production, without amalgamation with other brand affiliates within the NWMLS.
#1 – Top producing Sotheby’s International Realty affiliate in Washington (72% of SIRA Sales)
#1 – The highest per agent productivity ($7,078,500 or 187% of average)
#1 – The highest percentage of producing agents (85% or 125% of average)
#1 – The fewest days on market (26 days or 26% quicker than average)
#1 – The highest average listing price sold ($1,374,500 or 189% of average)
#1 – The highest average buyer price purchased ($1,285,500 or 177% of average)
#1 – The highest average listing prices active ($1,710,500 or 210% of average)
#1 – The highest average commissions earned (2.70% or 104% of average)
#1 – The highest resale inventory volume per agent ($1,136,000 or 382% of average)
#1 – The highest new construction inventory per brand ($1,000,000,000+)
According to Trendgraphix research January 1 through December 31, 2023, based on NWMLS data (adjustments required for off-market transactions) with averages compared to the top ten largest brands (excluding RSIR). E&OE.
While it’s true Realogics Sotheby’s International Realty (RSIR) manages the fewest number of licensed agents compared to their immediate peers, this collective is notably the most productive, especially in the luxury market segments. With 275 agents, RSIR ranks third in King County for resales above $2 million, second in Kitsap County above $1 million, and leads the market in new construction inventory throughout the Puget Sound Region.
Realogics Sotheby’s International Realty agents were nearly balanced with 54% of sales volumes representing sellers and 46% representing buyers. In addition to local sales, RSIR agents also made scores of significant referrals throughout North America and internationally.
“We are so fortunate to work with many of the top real estate agents in the industry and RSIR is often associated with record sales values in the region,” added Dean Jones. “It has been rewarding to see top performers who already dominate certain neighborhoods expand their horizons to make valuable referrals for their clients in other markets represented by the Sotheby’s International Realty brand around the world.”
Recognition of Top Performers in 2023 Sales Production
At Realogics Sotheby’s International Realty, they take pride in recognizing and celebrating the exceptional achievements of our top performing teams and individual agents across regional branch offices for their outstanding sales production throughout the year 2023 as seen in Seattle Agent magazine. This acknowledgment serves as a token of appreciation for their dedication and remarkable contribution to our success.
The top performing teams and individual agents by regional branch office for 2023 sales production:
Bainbridge Island Individuals:
Danny Varona
Beckey Anderson
Claudia Powers
Laurel Powell
Belinda Thornburg
Seattle (Belltown) Branch Teams:
The In Seattle Team | Eleanor Payne, Lino Guidero, and Phil Greely
George and Melanie Beasley
Ev Winningham and Kimberleigh King
Kris Lee and Alex Thomas
Seattle (Belltown) Individuals:
Jay Kipp
Moira Holley
Kara Mumma
Adam Bradley
Lori DeVore
Bellevue Teams:
The Gray Team | Becky Gray and Alex Gray
The Perrina Team | Neda Perrina and Leah Brajcich
Doris Ong and Jackie Ramirez
Bellevue Individuals:
Michele Schuler
Shueli Sun
Jay Ohm
Ambili Sukesan
Grant Gibbs
Madison Park Teams:
The Land Team | Jason Liberty, Tim Bower, Ameet Prasad, Robert Covais and Amit Jouhal
Chou & Carlton | Summer Carlton and Linda Chou
Madison Park Individuals:
Laura Halliday
Leslie Dickinson
John Madrid
Kirkland Teams:
Roberts Team | Christina Roberts and Jordan Roberts
Angela and Jeff Jaeger
Kirkland Individuals:
Brian Hopper
Rocky Poulin
Sandra Shaffer
Kelly Langston
Lauren Jones
Mercer Island Teams:
Robyn & Rachel Group | Robyn Kimura Hsu and Rachel Schindler
Sirianni Group | Charlie and Erin Sirianni
Mercer Island Individuals:
Diane B. Tien
Tammy Gwinn
Mary Lee
Rookie of the Year Award: Maggie Ecklund
New Development/New Construction Award: Daniel Sessoms
As one of the leading producers at our distinguished brokerage, the recognition of mine and my peers performance in the competitive luxury real estate market holds profound significance. It not only highlights the culmination of our relentless hard work and unwavering dedication but also underscores the trust and confidence that our valued clients have bestowed upon us.
This accolade reinforces our steadfast commitment to upholding the highest standards of excellence and professionalism in every aspect of our service. It is a testament to our team's collective effort in consistently exceeding expectations, delivering exceptional results, and creating unparalleled value for our clients.
Choosing a broker from a top-performing firm like Realogics Sotheby’s International Realty, clients can tap into a wealth of knowledge and expertise accumulated through successful sales assessments and proven track records. This can result in valuable insights, strategic guidance, and effective negotiation skills that may ultimately lead to better deals for the client. The superior average sales values, higher production rates, greater inventory per agent, and swifter sales demonstrated by Realogics Sotheby’s International Realty indicate a strong network, efficient processes, and a competitive edge in the real estate market.
Aligning with a brokerage that consistently outperforms its competitors can provide clients with access to better resources, increased visibility for their properties, and a higher probability of achieving their real estate goals successfully. Together, we have cultivated a winning formula based on a foundation of integrity, expertise, and a client-centric approach, which consistently translates into exceptional outcomes and success. This achievement inspires us to continue raising the bar, innovating our strategies, and enhancing our service standards to ensure that we always exceed our clients’ expectations and deliver results that surpass their aspirations. If you are in the process of preparing to sell your home, do not hesitate to contact us for a smooth and prosperous journey. My team is dedicated to ensuring that your selling experience is as seamless and successful as possible.