Real Estate's September Update

Posted by Gerri Franchini on Thursday, August 30th, 2018 at 3:05pm.

Gerri Franchini ~ Broker-In-Charge

843.768.2560 ~ gfranchini@seabrookislandrealestate.com

Even though we're getting closer to Fall, it still feels like Summer in the low country. So much has happened in the last couple of months at Seabrook Island Real Estate that I want to share with all of you.

First, as we previously discussed at the end of May, we continue to have a very good year in both Listings taken and Closings. The last two issues of the Island Connection tell the real story. We are the #1 Real Estate Office on the Island. We have worked very hard to introduce new marketing initiatives and customer service practices and we will continue to make changes that help our clients & Club members.

One such change is our new Lot Listing Program that goes into effect this month. Every new and active lot listing will now be at 6% commission instead of 8%.We are also thrilled that our new SIRE website will be live very soon. I am proud of this new dynamic website and encourage you to check it out. I believe that it will bring buyers to our website, encourage them to explore our listings and save their favorites, which is exactly what we want them to do.

Recently I was at an open member meeting and shared a few powerpoint slides about our YTD numbers. I'd like to share them with you also: as of June 30th, 2018 our Gross Revenue was $2,001,265. Last year YTD as of June 30th, 2017 the Gross Revenue was $2,014,406; that's a difference of about $13,000. However, our profit YTD was $456,901 compared to last years profit YTD of $419,561, a difference of $37,340. All this means is that we are very close to last year's numbers and we know that last year was a very good year for SIRE, the best since 2005. Just a reminder that 100% of our profit hoes back into the Club to help keep you dues low and add to the reserve fund.

We need to continue bringing in these numbers, so keep us in mind when you consider buying or selling on Seabrook Island as well as off island. If you have any questions or concerns contact me and let's meet and discuss. I guarantee you that I will work with you and your agent through the entire process.

Finally, SIRE, along with the club, was excited to be a premier sponsor of the SC Women's Open golf tournament that took place on Seabrook a couple of weeks ago. I believe that helping these talented women and bringing this inaugural event to Seabrook will bring additional recognition to our beautiful island and the Club.

As always, thank you for your support!

 

Professional golfer, Anne Marie Palli, with            Professional golfer, Loretta Young, with SIRE                                                                    SIRE agent, John Halter                                               agent Mary Anne Lloyd

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