We take a more thoughtful approach that focuses on long-term success versus short-term gains.
SARATOGA, CA (PRWEB) January 25, 2018
Marking its best year to-date, Alain Pinel Realtors® (APR) today announces it closed transactions of $12.2 billion in 2017, topping the company’s previous year of $11.2 billion in closed sales volume.
“For nearly 30 years, Alain Pinel Realtors has led the Northern California market because we invest in our agents, our communities and in nurturing industry leading expertise,” said APR President Mike Hulme. “Rather than growing through acquisition, which looks great on paper to stockholders but isn’t sustainable over time, we recognize our obligation to the clients we serve as well as our agents. So we take a more thoughtful approach that focuses on long-term success versus short-term gains. I think our track record supports our philosophical approach to the business.”
Each of the company’s 33 offices closed hundreds of millions of dollars in transactions. However, five offices earned the distinction of joining APR’s class of billion dollar offices, having transacted $1 billion or more in sales volume. Those APR offices include Burlingame, Los Altos, Los Gatos, Menlo Park and Palo Alto.
The average APR agent closed more than $10 million in transactions, and the average sale price of APR’s closed transactions grew by 9 percent or $1.6 million compared to 2016 figures.
About Alain Pinel Realtors®
Alain Pinel Realtors (APR) is the largest privately owned residential real estate company in Northern California and is consistently ranked among the top 10 largest residential real estate firms in the United States based on closed-sales volume. The firm has 1,400 agents in more than 30 offices throughout Northern California. APR was founded in 1990 by Chairman and CEO Paul L. Hulme, and is based in Saratoga, Calif. Visit us at apr.com, china.apr.com, facebook.com/AlainPinelRealtors, and @AlainPinel.