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2016 4th Quarter Review

By
Real Estate Broker/Owner with New Paradigm Partners LLC EB #1326335

It has been an interesting and productive year so far. Our markets are still facing significant inventory shortages, but have cooled a bit from last year's levels. Since regional economic and job growth have continued at a strong pace, there's no real reason to suspect that potential demand has diminished. We're guessing that Reviewrapidly rising prices in the lower and mid ranges have priced some buyers either out of the market or into its fringes, while others may have become discouraged by the multiple offer frenzy so common last year.

 

In spite of that cooling, we have had a good 2016 so far, with our business split about 60-40 between repeats and referrals from our existing client base, and new business from internet marketing, generated by regular market reporting linked to our IDX search website. We're on track to have a year that looks to be close to what we did in 2015, which was our best year since 2006. And most importantly, we're still having fun doing it.

 

Mary and I will finish out 2016 with our usual holiday and end of year housekeeping - Christmas cards, Sunset magazine subscriptions for our client base, and planning for the coming year. We'll take a hard look at our marketing efforts and make some decisions about new efforts, but there isn't much broken with what we're doing now, so changes will likely be minor. And hopefully, we'll finally get our databases synchronized - a long on-going task that has been complicated by our unique quirks and preferences and the fact that Mary gets to use a Mac, while I'm stuck in the PC world.

 

And as usual, we'll keep our eyes and ears open for impending changes to the industry and business environment. We always want to be out front of what's coming rather than playing catch up after the damage has been done.

Posted by
Mary & Dick

Mary & Dick Greenberg
New Paradigm Partners LLC
2601 S. Lemay Ave. #41
Fort Collins, CO 80525
970-689-4663
www.maryanddick.com

 

Data Source: IRES MLS

Comments(11)

Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Dick Greenberg - Sunset Mag subscriptions! I saw that and said WOW! What a great idea.

Oct 22, 2016 12:57 AM
Debb Janes
Nature As Neighbors - Camas, WA
Put My Love of Nature At Work for You

Sounds like you have had a good year, and more importantly, sounds like you have a good plan to ensure another good year.  Can't believe it's nearly the holiday season again. Wowzers. 

( FYI, had dinner with Gayle (Fishhawk Lake) and Larry, told them both they'd love you and Mary. One of these days...) 

Oct 22, 2016 01:00 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Dick --- soon, many of us will be saying where did 2016 go?   It's been an interesting year and it's good to hear that through the many changes, it's still fun.  That's an important part of a successful life.  

Oct 22, 2016 01:15 AM
Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

Sounds like you guys had a solid plan which works well for you.  No reason to change what is working.  

Oct 22, 2016 01:44 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Dick,,

Congratulations for your accomplishments in 2016.  We wish you continued success.  We recently went through a major syncing, it took.a lot of work.  A

Oct 22, 2016 02:01 AM
Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

Dick you and Mary are the best!  Good to hear that 2016 was another great year for you - congratulations!  And good luck on the data base. I know how challenging it can be to update and keep updated. Cheers to all the changes coming in 2017! Wow.....first time I think I wrote 2017 - that happend fast!!

Oct 22, 2016 03:28 AM
Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA

You and Mary are consistent with your production, which is great.  And as long as you are still having fun doing the job, that's all anyone could ask for.

Oct 22, 2016 05:17 AM
Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Sounds like you and Mary are right on track Dick Greenberg  I am also a PC and to be honest I intend to stay one .. It is hard to believe  it is almost November

Oct 22, 2016 05:36 AM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Good for you Dick Greenberg . I know you put heart and soul into your work and it really shows.

Oct 22, 2016 09:17 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Dick looks like you and Mary have put another excellent year together and hope the year closes strong for the both of you.

Oct 22, 2016 09:41 AM