@properties Builds on Leading Market Share in Chicago Real Estate Sales

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Chicago real estate firm posts strong first half results, tops national franchises and local independents

@properties, Chicago's #1 real estate firm by market share

As always, we are growing organically and doing so from a position of strength. We continue to elevate the talent level of our agents and the services we offer our clients

Chicago real estate firm @properties bolstered its position as the #1 real estate company in the city of Chicago, increasing its market share in a number of sales categories through the first six months of 2010.

Data from BrokerMetrics®, which tracks sales from Northern Illinois’ largest multiple listing service, Midwest Real Estate Data, LLC, shows @properties with 12.8 percent market share in the city of Chicago through June 30, topping all Chicago real estate firms. @properties also ranked #1 in the city in total transaction sides (2,222), seller representation (12.8 percent), buyer representation (12.9 percent), new-construction sales (14 percent) and shortest average market time (140 days).

In Chicago’s North Shore suburbs, @properties grew at a faster rate than any other real estate brokerage firm, increasing its market share by 250.8 percent from the year-earlier period. The company now ranks among the top five North Shore Chicago real estate firms less than a year after establishing an office there. A second @properties North Shore office will open later this summer in Winnetka.

@properties co-founders Michael Golden and Thaddeus Wong said the company’s continued growth is predicated on the scope and strength of its marketing and recruiting, as well as the training and support programs it makes available to agents.

“As a profitable, independent company, @properties has been able to take advantage of the dislocation created by the housing and economic crises. The farther along we get in the recovery, the more we think we’re in a great position to continue our growth trajectory,” said Golden.

“As always, we are growing organically and doing so from a position of strength. We continue to elevate the talent level of our agents and the services we offer our clients,” added Wong.

About @properties
Established in 2000, @properties is the #1 Chicago real estate brokerage firm. 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 city and North Shore offices: Winnetka, Evanston, Bucktown, Lincoln Park, River North, Streeterville and Lakeview. For more information, visit http://www.atproperties.com.

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Peter Olesker
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