Positivity Rises, But Concerns Are Real
Something to be proud of!
Despite COVID-19, Berkshire Hathaway was Nationally Ranked #1 in Total Transactions and #2 in Total Sales Volume in the Real Estate industry in 2019!
When brokers completed RISMedia’s 2020 Power Broker Survey earlier this year, the outlook was largely positive. Most described their markets as “growing”—some even said they’re “booming.”
But at press time, with the coronavirus escalating, those opinions stand to quickly change as we collectively begin to navigate uncharted territory ahead.
Nonetheless, in 2019 and early 2020, brokers benefitted from a healthy economy and were bullish on business, according to the results of RISMedia’s 32nd Annual Power Broker Survey. The Top 1,000 Power Brokers reported $1,491,869,249,084 in collective sales volume in 2019, $67 billion-plus more than 2018, and a total of 3,985,613 transactions, over 100,000 more transactions than 2018. Berkshire Hathaway was Nationally Ranked #1 in Total Transactions and #2 in Total Sales Volume in the Real Estate industry in 2019!
But despite the overall good news nationally in 2019, there are some very real concerns among Power Brokers for the year at hand, such as the short- and long-term economic effects of the coronavirus and mounting concerns about inventory—68 percent of the Top 1,000 Power Brokers reported the inventory shortage as their greatest challenge to business, up from 49 percent last year.
With this credit to fame, if your interested in Selling, Buying or Relocating to Southwest Florida, leave it to the professionals to guide you to your dream home. Brent Jeansonne MS, GRI, ABR and Cindy Oneto-Jeansonne GRI with Berkshire Hathaway – Team Platinum of Naples are the professionals that are able to help you “Discover Your Dream”.
Call today: Brent (504) 458-1205 or Cindy (239) 784-9229
