More than 2,800 real estate agents from across Crye-Leike's nine-state southern region recently gathered at the company's annual kick-off meetings to celebrate the best sales Crye-Leike has seen in five years.
With the real estate market improving each month throughout the year, Crye-Leike finished 2012 strong with $4.5 billion in sales volume with agents companywide working hard to sell 28,065 properties.
"For the past few years prior to 2012, Crye-Leike had been holding steady along the 3 billion in sales mark and we couldn't meet our goal to break through and achieve 4 billion in sales," said Crye-Leike Cofounder and CEO Harold Crye. "In 2012, we were pleased to far surpass the goals we set for the year with companywide sales up nearly $700 million ahead of 2011 figures."
Crye adds, "We were happy to celebrate with our agents the best year in sales for the company since 2007 when we saw $5.7 billion in sales and since 2008 when we saw $4.2 billion in sales."
Leading Crye-Leike's annual kickoff meetings held in each region the company serves were Crye-Leike co-founders Harold Crye and Dick Leike. They offered their words of wisdom about current market conditions, congratulated agents on their sales successes of 2012 and offered their predictions for the housing industry in 2013.
"So many of our Realtors have been telling me how good their business is and all of our offices are seeing an increase in calls and sales," said Dick Leike. "In 2012, the real estate market really began to gleam with excitement again and it seems that the market has truly come out of the pits now. The market and our Realtors have a strong momentum going again and there's really no doubt in my mind that 2013 will be an even better year."
In the crystal ball segment of the program, Harold Crye offered his predictions for the 2013 housing market. He predicts the low inventory of homes for sale will continue causing price appreciation and multiple offers on homes. Crye also expects new home construction and consumer confidence will continue to rise and REO bank-owned sales will continue to decline.
Crye-Leike is also expecting sales to increase again in 2013 and the company has set a goal to achieve $5 billion in sales this year with high hopes for selling 30,000 properties. Crye believes these goals can be reached if the agents continue to possess the positive attitude and strong work ethic they used to be successful in 2012.
"We are pleased to see the smiles on our Realtor's faces as we've heard from them about market improvements and business picking up in 2012. We are also happy to see home sales and prices moving in the right direction and expect many great things to happen in the real estate industry during 2013 as the market continues to bounce back," said Crye.
According to recent reports released by the National Association of Realtors, the organization confirms that the real estate market is recovering and greatly improving. They reported that the total sales of existing homes in 2012 reached the highest level in five years, while the annual gain in prices was the biggest in eight years.
"We thank our agents for hanging tough in a tough real estate market the past few years and we wish for them to have a wonderful 2013 filled with lots of sales success," said Crye. "We also thank all of our agents for the terrific job they do of caring for our customers and helping Crye-Leike remain the #1 leading real estate company in the Mid-South."
Crye adds, "Crye-Leike encourages everyone to continue believing in their dream of homeownership and the power of homeownership. The market is improving and prices are on the rise. We expect the momentum that the real estate market saw in 2012 to continue rolling throughout 2013."
More About Crye-Leike, REALTORS - Harold Crye and Dick Leike established Crye-Leike, REALTORS in 1977. Today, Crye-Leike, the nation's 5th largest real estate company, has a network of more than 2,800 licensed sales associates based out of 103 corporate and franchise offices located through-out the nine-state southern region of Tennessee, Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, Louisiana and Oklahoma. Crye-Leike is a full-service real estate company offering buyers and sellers services in: residential and commercial sales, mortgage, title, insurance, business brokerage and investments, property management, development and construction, builder resources, REO bank-owned properties, relocation, auctions, and home services. In 2012, Crye-Leike attained a sales volume of $4.5 billion with 28,065 properties sold. More information is available at http://www.crye-leike.com
Crye-Leike Celebrates Best Year in Sales Since 2007
January 24, 2013