Surterre Properties Named Number One in Orange County Coastal Real Estate Market
Posted by Michelle Williams — February 15, 2012
NEWPORT BEACH, Calif. (February 8, 2012) – Surterre Properties® - a leading, full-service real estate firm in Southern California - announced today the company recorded the most office-over-office real estate transactions and listing/sales dollar volumes in 2011 from Costa Mesa to Laguna Beach, giving the company #1 share of Orange County’s coastal real estate market.
According to an independent report by Rick Schreiber, Surterre’s Newport Beach office recorded more than $596 million vs. nearly $328 million recorded by the nearest competitive real estate office for the areas of Costa Mesa, Newport Beach, Corona del Mar and Newport Coast. For Laguna Beach, Surterre recorded more than $146 million vs. more than $133 million recorded by the nearest competitive real estate office.
“Because of our unique approach to real estate representation, our firm continues to grow despite the challenging market. The Schreiber report shows our dominant share of Orange County’s coastal market and validates the success of our business model,” said Gary Legrand, president and CEO of Surterre Properties. “Since opening in 2006, we’ve developed and fostered a unique teamwork orientation, outstanding personalized client service, an award-winning in-house design and advertising studio and the latest advances in industry technology. Our 2011 numbers of over $1.1 billion for the entire company clearly show what we’re doing is resonating with buyers, sellers and agents, alike.”
According to Legrand, 2012 is looking even more promising than 2011. Surterre Properties recorded $120 million in January 2012 escrow openings compared to $67 million in January 2011, a 79 percent year-over-year increase.
Surterre Properties is a leading, full-service real estate firm with offices in Newport Beach, Corona del Mar, Laguna Beach, Covenant Hills, Monarch Beach and San Clemente. A unique company-wide focus on perfecting the art of outstanding personalized service, an award-winning in-house design and advertising studio, the latest advances in industry technology and a commitment to conducting business in an eco-friendly, community-conscious fashion are only a handful of characteristics that place Surterre in a class above its competitors.