We're very grateful to the people of Chicago, the North Shore and the local brokerage community for the support we've received during our first 10 years in business
Chicago, IL (Vocus) June 2, 2010
Chicago real estate broker @properties, the #1 real estate brokerage firm in the city and one of the largest in Illinois, recently celebrated its 10th anniversary capping a decade of growth and innovation.
Co-founders Michael Golden and Thaddeus Wong started @properties in 2000 after a multi-year run as the top-producing agents among the Chicago Association of Realtors’® 15,000 members. Today, the firm has more than 900 licensed agents, 60 employees and seven Chicago-area offices.
In its 10th year in business @properties brokered more than 4,400 real estate transactions totaling approximately $1.8 billion. The company added more than 200 agents; grew its market share by 28 percent in the city and 18 percent in the region; opened its first office on Chicago’s North Shore; acquired a property management firm; and established a charitable foundation – the @properties Friends & Neighbors Community Fund – to coordinate and manage its extensive philanthropic activities.
“We’re very grateful to the people of Chicago, the North Shore and the local brokerage community for the support we’ve received during our first 10 years in business,” said Wong. “The story of @properties is one of hard work and innovation, and that will continue for a long time to come.”
“Our intention never has been to grow for growth’s sake but rather to continually address the needs of our clients and agents. Following that path has led us to where we are today,” added Golden.
Golden and Wong’s vision for a next-generation real estate company has been marked by a number of innovations in technology, marketing and agent education and training. The latest iteration of @properties’ website contains innovations in interactive search and access to hyper-local content. Back-end website functionality gives agents more power to brand and market their listings. @properties also holds frequent educational seminars and employs two full-time performance coaches to help agents set and achieve business-development goals.
The wealth of resources has resulted in market-leading sales performance. In 2009, @properties led the region’s top 10 brokerage firms with the shortest average market time and the highest average percentage of selling price to original listing price (Source: BrokerMetrics, 1/1/09-12/31/09).
Although the real estate market is decidedly different at the outset of @properties’ second decade in business, Golden and Wong believe that today’s challenging conditions give them ample opportunity to demonstrate their firm’s advantages to clients.
“We’re dealing from a position of strength, and that’s important because homebuyers and sellers need every available resource to have success in today’s market,” said Golden.
“We can’t control the market, but fortunately we are in a position to control how we deal with it, and we’re going to continue to be aggressive and do the things we’ve done to power our rapid growth,” added Wong.
Over the past ten years, @properties and its principals have received numerous awards and honors including:
- Inc. 500 and Inc. 5000
- Crain’s Chicago Business 40 Under 40
- Crain’s Chicago Business Fast 50
- Crain’s Chicago Business Largest Privately Held Companies
- University of Illinois at Chicago College of Business Administration Entrepreneurship Hall of Fame
- Lincoln Park Builders Club Impact Award
- Chicago Association of REALTORS® Golden Eagle Award
- Inman 100 Most Influential Real Estate Leaders
- Inman Innovator Award Finalist
Established in 2000, @properties is the #1 Chicago real estate broker and the third largest real estate brokerage firm in Northern Illinois. The company offers residential and commercial brokerage services; project sales for new-construction and condominium-conversion developments; relocation; property management; and institutional services for distressed and REO assets. @properties has 900 licensed agents in seven downtown and North Shore Chicago locations: Winnetka, Evanston, Bucktown, Lincoln Park, River North, Streeterville and Lakeview. For more information, visit http://www.atproperties.com.
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