Business Planning, Largest Broker, Metro Detroit, Michigan, Real Estate Business, Realtor Resources, Realtor Training, Web Advertising for Real Estate
Develop Your Business
Careers at Real Estate One
Guess who was just voted one of the best companies to work with in 2011???
http://freep.topworkplaces.com/company_survey/real-estate-one-fami_detroit/freep_11
For more than 80 years, Real Estate One has been known as the leading provider of real estate services in Michigan, and is ranked as one of the largest brokerages in the United
States. "The 2010 Power Broker Report" compiles data fro the top 300 firms in
the nation and we have the honor of being on the list since its inception. The
Real Estate One Family of Companies has the highest market share in Metro
Detroit and is proud to call Michigan our home.
EXPERIENCED,
INNOVATIVE, CREATIVE
Established in 1929 by Staunton Elsea, the company has long been known as the "innovator". Many of the marketing tools commonly used throughout the country started here. Real Estate
One was the first company to have multiple offices, homes magazines, a computerized MLS service and even hosting Open Houses. Today’s generation, Dick (son of Staunton) as the Chairman and his sons Stuart and Dan, still focus on innovative and efficient ways to serve our customers and agents. Our website attracts over 1.8 million unique visitors each year and we are involved in over
17,000 home sales throughout Michigan. Operating under multiple brands- Real Estate One, Inc., Max Broock Realtors, 45th Parallel and Johnstone & Johnstone, along with the support of our affiliates- John Adams Mortgage Company, Capital Title Insurance and Insurance One we truly provide the agent
and our clients through every aspect of the real estate transaction to save money, time and stress.
SMARTER,
FASTER, MORE PERSONAL
Its network, Leading Real Estate Companies of the World®,
is the largest organization of locally branded residential real estate firms,
with 700 companies and 170,000 associates producing over $370 billion in annual
home sales. Our Company offers life-long career education and training through
classroom instruction, seminars, online programs, mentoring and personalized
coaching. We support our associates with exceptional lead generation, marketing
tools, technology support, in-house legal services, relocation and referral
assistance, mortgage, title, insurance and a long list of agent benefit
programs. Our agents are the life blood of our organization and we strive to
make each career a personal commitment for success. Guided by principles of
trust, respect and integrity, we empower people to achieve their dreams.
Our goal is to attract the highest caliber people in the
business – agents with an unprecedented reputation for success and those that
strive to achieve it. It’s through this commitment, coupled with a sense of
family, unsurpassed quality, professional integrity, a passion to exceed and
excel, stability and a clear future vision that the Real Estate One Family of
Companies have become a destination broker of choice – attracting more than 300
professionals to our family over the last 12 months.
Jobs you may be interested in...
-
Real Estate Consultant, Real Estate One - Metro-Detroit
In response to sales growth, Real Estate One is looking for additional real estate sales consultants with a background in sales or marketing. We offer offices all over Metro Detroit which are managed by dedicated real estate sales professionals, a comprehensive training program for new and experienced agents and local corporate support. College education preferred but not required. Requirement
-
Experienced Real Estate Agent, Real Estate One - Greater Detroit Area
Are you open minded about your business? Are you looking to take your real estate sales career to the next level? We are so confident that you will achieve a greater amount of success with Real Estate One, that we are willing to pay you to prove it. Our resources and training are unparalleled. We are currently hiring experienced agents that qualify for a specialized program. If you qualify, we
What Real Estate One employees are saying...
-
I'm so proud to be a part of one of the most innovative real estate companies in the nation. It's not surprising that we all voted Real Estate One a top company to work with in 2011! http://freep.topworkplaces.com/survey/freep_11
The Real Estate One's Charitable Foundation supports several local charities throughout the year
Real Estate One's Charitable Foundation supports the following local charities all year long:
Special Olympics of Michigan
Multiple Sclerosis Society
Alzheimers Association
The Leukemia & Lymphoma Society
Be the best source for Buyers & Sellers - Your Customers should be the "1st To Know"!
-
Imagine in this instant gratification society, being able to provide your home buyer or seller immediate information. Would they be more likely to work with you and remain loyal, because you could provide them access that no other broker offers. That is - 1st To Know. Customers can customize a home search to immediately be informed of properties that enter the market matching their criteria or current listing and you receive instant feedback on the ones they like - buyer lead. In the case of a seller, this often results in a call to reduce their listing price to remain competitive. Your buyers or sellers will have access to text the address of any listed property they happen upon (no matter which broker has it listed) and get real time and complete information about that home delivered via their smart phone. No listings found in the area you want to live, your buyer can simply text any address in that neighborhood and they will be sent a link to the 5 closest listed properties.
October 2011 Real Estate Market Update
Employee Benefits at Real Estate One
- Health insurance
- Dental insurance
- Vision insurance
- Life insurance
- Flexible spending account
- 401K
- Disability coverage
- On-site cafe
More about Real Estate One Careers
We are now hiring! Paid training programs available for qualified candidates.
Friday, July 30, 2010
Tuesday, July 27, 2010
Wednesday, July 14, 2010
June 2010 Real Estate Market Report
June 2010
Dear All,
The June market followed what we had expected, slowing from the peak activity levels prior to the tax credit expiration. The good news is that our slowdown has been less than most of the other markets across the nation. Available home (listing) inventories continue to fall, which will help to stabilize value declines. The months supply of inventory for the metro area remains at a two year low of under six months (compared to the high in Nov. of 08' of over 14 months), still a Buyer's market, but moving in the right direction.
The number of showing appointments in May and June fell compared to last year, which would indicate there may be fewer buyers in the market. However there are also fewer houses to look at as well so by creating a Showings/Listings comparison we can get a better "apples to apples" look at buyer activity. The Index shows buyer activity is up over last year and certainly it did fall after April, but only to the same levels as last year. This gives a positive indication that there is still pent up post tax credit demand with current buyer interest actually about equal to last year.
Showings to Listing Index - 10' vs. 09'
If the banks continue their current strategy of a slow release of foreclosure inventories and focusing on short sales then we can expect our market to look very much like is does now for the next two years, a Buyer's Market, but hovering close to a neutral market. That means that values will not fall as fast, or even at all, but there will be little, if any, appreciation either.
The best priced and condition homes will go within weeks, not months and many with multiple bids, so the market will feel like "the same old homes" are sitting on the market, which in fact they are in terms of those homes that are not priced right or in the right condition to attract attention.
Every crisis results in the "correction" pendulum swinging too far the other way. In this case the Lenders fear of loss has resulted in appraisal standards becoming too stringent, causing their valuations to lag behind the values the market is placing on homes. The result is that many sales today require up to three distinct negotiations; a) the Buyer and Seller, b) the Seller and Bank, c) the renegotiation after the appraisal. This will only get worse as the economy picks up, since lenders will be behind in reacting to the market improvement.
For Buyers that means that you need to have patience and, even more important, remember that cash is king. There will be many instances of "hot" homes that get multiple offers, even above the asking price, however the appraisal will come in below the sale price. It will be the Buyer who has the extra cash to make up the difference who will get that "hot" home. This is really not a very risky strategy for a Buyer, since the market has shown by the demand that the value is there, however the appraisals will lag the true market value, since their data is based on historical sales, not current activity.
Some bragging rights for all of you, the most recent Crain's Metro Area Broker list is out. We are in our usual #1 place, handling more transactions in 09' than the next six competitors combined! Across the entire state, we are larger than the next three competitors combined!
Thank you for your all your hard work and for helping so many people both find great opportunities and through tough times.
Here are our numbers and the MLS stats for June of 2010, a down tick from April and May, but still ahead of what we expected.
Dan
June Market Summary – 2010
The reduction in Pending Sales is mainly due to the expiration of the tax credits. A significant portion of the reduction in listing inventories is a result of lenders holding their properties from the market. That reduction in bank owned properties also accounts for the large increase in the median home values for Wayne County.
All Price Ranges Number of Homes Pending Available Homes for Sale
Area June 09 June 10 % Change June 09 June 10 % Change
Oakland County 2,041 2,008 -1.6% 14,802 10,762 -27.3%
Macomb County 1,206 1,140 -5.5% 6,190 4,833 -21.9%
Livingston County 317 276 -12.9% 2,263 1,696 -25.1%
Washtenaw County 319 285 -10.7% 2,236 1,803 -19.4%
Wayne County 3,102 2,642 -14.8% 14,044 11,198 -20.3%
Northwest Michigan* 229 185 -19.2% 4,445 4,925 10.8%
Total 7,214 6,536 -9.4% 43,980 35,217 -19.9%
Median Sale Price Ave Chance of Selling (in 30 days)
Area June 09 June 10 % Change June 09 June 10 % Change
Oakland County $97,750 $125,000 27.9% 14% 19% 35.3%
Macomb County $72,000 $75,250 4.5% 19% 24% 21.1%
Livingston County $140,000 $140,000 0.0% 14% 16% 16.2%
Washtenaw County $169,450 $165,000 -2.6% 14% 16% 10.8%
Wayne County $20,500 $45,000 119.5% 22% 24% 6.8%
Nwest Michigan* $137,600 $156,500 13.7% 5% 4% -27.1%
Total $66,520 $87,254 31.2% 16% 19% 13.1%
Residential and Condominiums
Data Source: MiRealsource, Realcomp, TAAR, Ann Arbor MLS, Broker Metrics
Ave Chance reflects the % chance the average home will sell in the next 30 days under the current rate of sales.
* Includes Grand Traverse, Kalkaska, Antrim, Leelanau and Benzie counties.
Dear All,
The June market followed what we had expected, slowing from the peak activity levels prior to the tax credit expiration. The good news is that our slowdown has been less than most of the other markets across the nation. Available home (listing) inventories continue to fall, which will help to stabilize value declines. The months supply of inventory for the metro area remains at a two year low of under six months (compared to the high in Nov. of 08' of over 14 months), still a Buyer's market, but moving in the right direction.
The number of showing appointments in May and June fell compared to last year, which would indicate there may be fewer buyers in the market. However there are also fewer houses to look at as well so by creating a Showings/Listings comparison we can get a better "apples to apples" look at buyer activity. The Index shows buyer activity is up over last year and certainly it did fall after April, but only to the same levels as last year. This gives a positive indication that there is still pent up post tax credit demand with current buyer interest actually about equal to last year.
Showings to Listing Index - 10' vs. 09'
If the banks continue their current strategy of a slow release of foreclosure inventories and focusing on short sales then we can expect our market to look very much like is does now for the next two years, a Buyer's Market, but hovering close to a neutral market. That means that values will not fall as fast, or even at all, but there will be little, if any, appreciation either.
The best priced and condition homes will go within weeks, not months and many with multiple bids, so the market will feel like "the same old homes" are sitting on the market, which in fact they are in terms of those homes that are not priced right or in the right condition to attract attention.
Every crisis results in the "correction" pendulum swinging too far the other way. In this case the Lenders fear of loss has resulted in appraisal standards becoming too stringent, causing their valuations to lag behind the values the market is placing on homes. The result is that many sales today require up to three distinct negotiations; a) the Buyer and Seller, b) the Seller and Bank, c) the renegotiation after the appraisal. This will only get worse as the economy picks up, since lenders will be behind in reacting to the market improvement.
For Buyers that means that you need to have patience and, even more important, remember that cash is king. There will be many instances of "hot" homes that get multiple offers, even above the asking price, however the appraisal will come in below the sale price. It will be the Buyer who has the extra cash to make up the difference who will get that "hot" home. This is really not a very risky strategy for a Buyer, since the market has shown by the demand that the value is there, however the appraisals will lag the true market value, since their data is based on historical sales, not current activity.
Some bragging rights for all of you, the most recent Crain's Metro Area Broker list is out. We are in our usual #1 place, handling more transactions in 09' than the next six competitors combined! Across the entire state, we are larger than the next three competitors combined!
Thank you for your all your hard work and for helping so many people both find great opportunities and through tough times.
Here are our numbers and the MLS stats for June of 2010, a down tick from April and May, but still ahead of what we expected.
Dan
June Market Summary – 2010
The reduction in Pending Sales is mainly due to the expiration of the tax credits. A significant portion of the reduction in listing inventories is a result of lenders holding their properties from the market. That reduction in bank owned properties also accounts for the large increase in the median home values for Wayne County.
All Price Ranges Number of Homes Pending Available Homes for Sale
Area June 09 June 10 % Change June 09 June 10 % Change
Oakland County 2,041 2,008 -1.6% 14,802 10,762 -27.3%
Macomb County 1,206 1,140 -5.5% 6,190 4,833 -21.9%
Livingston County 317 276 -12.9% 2,263 1,696 -25.1%
Washtenaw County 319 285 -10.7% 2,236 1,803 -19.4%
Wayne County 3,102 2,642 -14.8% 14,044 11,198 -20.3%
Northwest Michigan* 229 185 -19.2% 4,445 4,925 10.8%
Total 7,214 6,536 -9.4% 43,980 35,217 -19.9%
Median Sale Price Ave Chance of Selling (in 30 days)
Area June 09 June 10 % Change June 09 June 10 % Change
Oakland County $97,750 $125,000 27.9% 14% 19% 35.3%
Macomb County $72,000 $75,250 4.5% 19% 24% 21.1%
Livingston County $140,000 $140,000 0.0% 14% 16% 16.2%
Washtenaw County $169,450 $165,000 -2.6% 14% 16% 10.8%
Wayne County $20,500 $45,000 119.5% 22% 24% 6.8%
Nwest Michigan* $137,600 $156,500 13.7% 5% 4% -27.1%
Total $66,520 $87,254 31.2% 16% 19% 13.1%
Residential and Condominiums
Data Source: MiRealsource, Realcomp, TAAR, Ann Arbor MLS, Broker Metrics
Ave Chance reflects the % chance the average home will sell in the next 30 days under the current rate of sales.
* Includes Grand Traverse, Kalkaska, Antrim, Leelanau and Benzie counties.
Friday, July 9, 2010
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