Nashville, Tenn. - Sales of the nation's 10th largest real estate company, bolstered by favorable mortgage interest rates and solid house-price gains, are expected to top the $3.5 billion mark by year-end, according to Chief Executive Officer Harold E. Crye of Crye-Leike, Realtors who will be addressing his 2,800 sales force at the company's upcoming annual regional meetings to be held next month.
"If all indicators prove correct, Crye-Leike will have its best showing ever in 2003 during the company's 26 years in business," says Crye.
"Housing is now leading the economy because there has been a national shift in perspective about real estate as a sound investment," he says. "According to Fannie Mae's annual survey of homeownership attitudes, 70 percent of Americans see buying a home as a safe and smart investment. With this increased confidence in real estate, we have seen a stronger demand not only for inventory but also for services."
Crye-Leike officials will formally announce its fourth quarter sales figures to its 2,800 sales associates at the company's 26th annual meetings held in its Arkansas, Chattanooga, Memphis and Nashville regions during the month of January 2004. The meetings provide an opportunity for its leaders to reflect on the company's sales performance, growth and achievements over the past year, kick off new programs and initiatives for the new year as well as present company awards of recognition.
Crye-Leike's annual meeting for offices in its West Tennessee Region will be held in Memphis, Tenn. on Tuesday, January 6, 2004 at the Memphis Marriott East, 2625 Thousand Oaks Blvd. from 8:30 a.m. to 10:30 a.m. (CST).
Crye-Leike's annual meeting for offices in its Middle Tennessee Region will be held in Nashville, Tenn. on Tuesday, January 13, 2004 at the Sheraton Music City Hotel, 777 McGavock Pike, from 8:30 a.m. to 10:30 a.m. (CST). Crye-Leike's annual meeting for offices in its Southeast Tennessee Region will be held in Chattanooga, Tenn. on Tuesday, January 20, 2004 at the Chattanooga Golf & Country Club on Riverview Road from 8:30 a.m. to 10:30 a.m. (EST).
Crye-Leike's annual meeting for offices in its Arkansas Region will be held in Little Rock, Ark. on Tuesday, January 27, 2004 at the Embassy Suites, 11301 Financial Centre Parkway from 8:30 a.m. to 10:30 a.m. (CST).
Crye-Leike (www.crye-leike.com), a full service real estate company for 26 years, is the nation's 10th largest real estate company and the largest serving the Southern Region of the United States. It has a network of over 2,800 sales associates and 68 branch and franchise offices located in 36 counties throughout a six-state southern region in Tennessee, Arkansas, Mississippi, Georgia, Kentucky and Florida. Crye-Leike attained sales of $3.17 billion and 22,198 closed transaction sides corporate wide in 2002.
Crye-Leike To Hold Annual Meeting: Projects $3.5 Billion in Sales by Year-End
December 15, 2003