RESIDENTIAL HOUSING INDUSTRY NEWS
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Surterre sees $1.14 billion in luxury sales in 2010
The number represents a 26 percent uptick over 2009.
By Kristen SchottPublished: February 01, 2011 09:19 AM
Surterre Properties experienced $1.14 billion in luxury residential real estate sales in 2010, up 26 percent from the prior year – all in the face of a difficult selling climate.
Founded in 2006, Surterre Properties is a boutique real estate firm with offices in Newport Beach, Corona del Mar and Laguna Beach. The company's 2010 transactions stretched from Los Angeles to San Diego, and included a "nearly equal" number of buyers and sellers, according to Surterre.
In fact, over the last 13 months, the company represented all five of the sales of $12 million or more in Newport Coast – including the $14.5 million property at 20 Fairway Point, said Surterre Properties President and CEO Gary Legrand.
"Up to that point over the last 20 years, there had only been seven sales over $12 million, according to the MLS for Newport Coast," he said.
The company attributes its success to its teamwork, personalized service, its in-house design and advertising studio, and its use of new technologies in the industry.
"This and our 2010 numbers indicate we are capturing a greater share of Southern California’s luxury real estate transactions than many other brokerage companies," said Legrand.
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Founded in 2006, Surterre Properties is a boutique real estate firm with offices in Newport Beach, Corona del Mar and Laguna Beach. The company's 2010 transactions stretched from Los Angeles to San Diego, and included a "nearly equal" number of buyers and sellers, according to Surterre. In fact, over the last 13 months, the company represented all five of the sales of $12 million or more in Newport Coast – including the $14.5 million property at 20 Fairway Point, said Surterre Properties President and CEO Gary Legrand. "Up to that point over the last 20 years, there had only been seven sales over $12 million, according to the MLS for Newport Coast," he said. The company attributes its success to its teamwork, personalized service, its in-house design and advertising studio, and its use of new technologies in the industry. "This and our 2010 numbers indicate we are capturing a greater share of Southern California’s luxury real estate transactions than many other brokerage companies," said Legrand. Related headlines MIG Real Estate purchases Las Vegas retail center General Cannabis moves to bigger headquarters Wakunaga of America opens expanded production plant |
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