$9 Billion Since the Turn of the Century...And Still Going Strong

Posted by Cassie Julich — January 21, 2009

John Daugherty, Realtors, Houston’s No. 1 luxury residential real estate firm in the luxury home market, celebrates sales of $9 billion since the turn of the century (2000), an incredible average of $1 billion per year.

“Our impressive sales is an important milestone made possible by our satisfied clients, our remarkably capable sales associates, our very experienced management team, and our highly efficient support staff,” said John A. Daugherty, Jr., president of John Daugherty, Realtors. “Our exceptional market penetration in our target market areas have off-set the effects of both Hurricane Ike and the downturn of the economy experienced in the 4th quarter of 2008.”

Since the Houston Business Journal started keeping records, John Daugherty, Realtors has been the number one real estate firm in the luxury market, participating in over 50% of sales of the most expensive homes in the Houston area. In keeping with our tradition of selling the most expensive homes, John Daugherty, Realtors was involved in the sale of the most expensive home in the Museum District – which was also the most expensive home sold in Houston in 2008 - with an original asking price of $11.3 million. We also were involved in the sale of the most expensive home in River Oaks with an original asking price of $8.35 million, the most expensive home in Memorial with an original asking price of $7.975 million, and the most expensive home in Bellaire with an original asking price of $2.599 million.

It comes as no surprise that John Daugherty, Realtors is so successful year after year after year “With our market penetration here and our exclusive national and international affiliations with Luxury Real Estate, Leading Estates of the World, and the Board of Regents and our membership in the prestigious Luxury Portfolio Fine Property Collection, along with our website – the most innovative real estate website in Houston - we are able to market your home to a world-wide audience,” said Daugherty.

Knowing that an educated sales associate is the key to home sales in the current market, John Daugherty, Realtors’ sales associates benefit from the company’s extensive continuing educational programs, weekly informational seminars and year round discussions of the Houston residential market led by industry leaders. “Our well-informed and trained sales associates can then educate their clients about the market.” Daugherty said.

Established in 1967 and one of the most respected names in Houston real estate, John Daugherty, Realtors is the largest seller of upscale residential real estate in Houston. “I could not be more proud of the members of our family,” said Daugherty. “I am filled with optimism for the coming year and know good things will continue to come to our team and to the clients we serve.”

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