Memphis, Tenn:Crye-Leike Real Estate Services announces that it has experienced its best year in company history, generating $7.5 billion in sales volume and closing 31,578 transactions in 2020. This resulted in a 13 percent and $1 billion increase from 2019.
Despite the obstacles that the year presented, record low mortgage rates, new household formation and heavy buyer interest in moving to less crowded spaces kept the real estate market very competitive. With proper protocols, Crye-Leike leveraged virtual platforms to conduct business in spite of a global pandemic. This unique shift allowed buyers, sellers and agents alike to continue working and reaching their real estate goals.
"This past year has presented us with many challenges, to say the least," said Crye-Leike Owner and Chief Executive Officer Harold Crye. "As a company, we needed to quickly adapt and attempt to overcome these challenges with the safety of our clients, agents and employees as our top priority. We never stopped listening, learning or working towards our goals, and I am extremely proud of the efforts we saw from our associates this year. Our agents' training, responsiveness and professionalism makes all the difference to our clients and continues to push us forward."
Established in 1977 in Memphis, TN by Co-Founders Harold Crye and Dick Leike, Crye-Leike expanded into Nashville in the early 90's and has continued its expansion into nine states (Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, Missouri, Oklahoma and Tennessee) and Puerto Rico to become the third largest, privately owned, independent real estate firm in the nation.
Crye-Leike is unique in that it offers a one-stop shopping experience for consumers. The company provides financial services with mortgage lending, title closing, insurance coverage, home services, property management and national relocation services, which have allowed sales associates to meet each client's needs.
For more information regarding real estate throughout the Mid-South, please visit www.clhomes.com.
ABOUT CRYE-LEIKE: Crye-Leike Real Estate Services (www.clhomes.com), a full service real estate company for over 40 years, is ranked as the third largest independently-owned real estate firm in the nation and the largest serving Tennessee, Arkansas, Mississippi and the Mid-South. Crye-Leike has more than 3,200 sales associates, over 800 employees and 140+ company-owned and franchise offices spread across nine states. It generated $7.5 billion in sales and had 31,578 closed transaction sides corporate wide in 2020, making it the company's most successful year to date.
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