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Expanding into New Markets as Real Estate Recovers

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By John Voket

 How do you see your market evolving throughout the next year?
In San Diego, we’re down to a month’s worth of inventory in every price point. While the buyer demand has been stable over the past three years, the low inventory is creating something of a frenzy as we’re getting 5-15 offers on every property. In the coming year, I see some equity sellers coming out from under who’ll want to sell.

 What is one thing your company is doing that you’re really proud of?
One? There are many things in the works! Our group is expanding into San Diego, so we’re in the process of negotiating three new offices, and I’m adding a great new management team and the top agents in the county. The model itself is very exciting, from the way we treat and pay the agents to providing first-class offices, stellar coaching, robust business tools and equipment. We’re bringing the best of the large and boutique styles together with modern infrastructure that includes boutique-style private offices and built-in, first-come, first-served workstations.

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