BRENTWOOD, TN., - Crye-Leike, REALTORS remains the nation's 4th largest real estate firm based on the 2008 Real Trends 500 survey results. The ranking comes from a survey of the top 500 Real Estate brokers in the U.S. based on the total number of closed transactions in 2007.
This the second consecutive year Crye-Leike, REALTORS has landed in the Real Trends rankings at the 4th place position. Co-Founders Harold Crye, CEO and Dick Leike, President hand much of the credit to the loyal customers and sales associates.
"We are honored by the support of our clients who count on us when the market gets tricky, so based on that loyalty we're thrilled to maintain our 4th place position on the Real Trends list," said company Co-Founder and CEO Harold Crye. "Considering the uncertainty in the U.S. housing market, we're pleased with our success and consider it a great accomplishment thanks to our loyal clients, new clients and our fantastic sales associates, managers and office support staff."
Harold Crye and Co-Founder and President Dick Leike hand much of the credit to the company's sales team throughout the eight state southern region served by Crye-Leike. Leike says associates did a great job of reminding buyers and sellers that the national news media's reports and statistics were not an accurate reflection of what was happening in their local markets.
"We certainly believe the psychological impact of the national news reports had an impact on our sales in 2007, but in the majority of our markets homes values were either flat or slightly up which was contrary to what the media was reporting," said Leike. "Our 4th place ranking is a reflection of how our experienced and dedicated sales force can make things happen regardless of what's happening nationally."
"We'd like to think that our clients and their friends consider us first because we're a company that's been there," said Crye. "When the market gets tricky we have the tools like a huge web presence to showcase property and relocation services to pull more buyers into our seven-day-a-week appointment center to sell more homes than our competitors."
In 2007, Crye-Leike, REALTORS dominated its closest competitors in the majority of the markets it serves. Many of its sales associates in turn remained among the top-producing Realtors across the southern U.S. region served by the company.
"One of our biggest challenges as we head into the 2nd quarter of 2008 is to assure the public that property values in our markets have not fallen off," said Crye. "When you consider the large selection of listed property and the many financing options available, especially the revamped FHA where three percent down can get you into a home, this housing market remains a perfect time to buy."
Crye-Leike, REALTORS now offers its clients One Source. Mortgage, insurance, home warranty and title closings in addition to its real estate services, providing clients with the most convenient, efficient and reliable One Source value available. For your real estate needs, personal referrals and to locate a Crye-Leike, REALTORS Associate near you go to www.crye-leike.com.
"We know service is the #1 quality people look for in a Realtor and we feel this is what's kept us in first place with buyers and sellers in the markets we serve," said Leike. "Our associates are the best trained and most qualified real estate professionals out there and they are uniquely capable of managing the home buying or selling experience so their clients can focus on achieving their dreams.
Real Trends is a publishing and communications company based in Denver. It's regarded as a leading source of analysis and information on the residential brokerage industry, providing real estate professionals with new and innovative resources on the latest industry trends and strategies into the future.
Harold Crye and Dick Leike established Crye-Leike, REALTORS in 1977. Today, Crye-Leike?, the nations 4th largest real estate company, has a network of more than 4,100 sales associates and 132 corporate and franchise offices located in 65 counties through-out the eight-state southern region of Tennessee, Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi and North Carolina.
Crye-Leike is a full-service real estate company offering buyers and sellers services in the following areas of specialty: residential sales, mortgage lending, title, insurance, commercial business and investments, property management, development and construction, builder resources, REO bank-owned properties, relocation, auctions, and home services referrals. In 2007, the Crye-Leike organization attained sales of $5.7 billion with 32,500 closed transaction sides.
CRYE-LEIKE, REALTORS HOLDS ITS RANKING IN 2008 AS THE NATIONS 4TH LARGEST REAL ESTATE FIRM
April 14, 2008