Last Updated on January 16, 2018
$5.672 billion in closed sales volume second only to 2006
Allen Tate Realtors® ended the year with $5.672 billion in closed sales volume, only second to the company’s best year in 2006, with $5.71 billion, and up from $5.45 billion in closed sales in 2016.
The Carolinas’ leading real estate company reported 22,273 closed transactions, up from 21,994 transactions in 2016, and among the company’s best years, said Allen Tate Companies President and CEO Pat Riley.
In addition, the Allen Tate Family of Companies reported significant results:
• Allen Tate Mortgage closed 1,523 loans totaling $298 million.
• Allen Tate Insurance added 2,724 new customers and wrote 7,690 new policies, for a total of nearly 35,000 policies in force.
• Allen Tate Relocation generated 6,421 referrals through its Relocation connections around the world.
• Master Title Agency wrote 5,900 title commitments, totaling $3 million, the best year in the 15-year history of the company.
Riley, along with other Allen Tate leaders, will celebrate these achievements at regional awards events beginning later this month.
More than 700 Allen Tate Realtors achieved top performance levels during 2017, based on closed sales volume of $2 million to more than $100 million.
Realtors are recognized each year by Allen Tate for their achievements in categories including company-wide closed sales volume, closed units, listing volume, listing units, and referrals, and for legendary service provided. Realtors are also recognized for their achievements within their region and at the branch level, including top individual agent, top team and rookie of the year.
In 2017, Allen Tate opened new offices at Winston-Salem Hanes Mall Boulevard and Apex and renovated several existing offices. The company has 43 offices across its four-region footprint in North and South Carolina.
“Despite ongoing inventory challenges, our agents performed exceptionally well across our markets. I am incredibly proud of our accomplishments and extremely optimistic as we move into 2018,” said Riley.
“Our clients deserve the very best, and I have every confidence that our agents are consistently delivering that level of service.”
