Many Real Estate companies are closing up shop!

By
Real Estate Agent with Charles Rutenberg Rlty- More than 5,000 agents(813) 777-1196 SL3130026

 Here are some Tampa Bay Area Real Estate agencies that are getting out of the kitchen... the heat in sunny florida must be too much!  :o)

Tampa Bay area home sales are sluggish, but one type of property is turning over faster than it has in years: realty offices.

With half as many homes selling this year as during the boom in 2005, Realtors are closing, selling or consolidating their physical property.

FAST FACTS

The casualties


Many Tampa Bay area realty companies are closing, selling or consolidating offices. Here's a sampling:

1. Century 21 Mills First: Closed or sold six of seven offices, in St. Petersburg, St. Pete Beach, Tarpon Springs, Seminole, Clearwater and Bellair.

2. RE/MAX Advantage: The Port Richey company shut down in February, laying off 25 agents.

3. Sand Key Realty Sales and Rental: The Clearwater Beach company closed its Indian Rocks Beach office, but two others remain.

4. Prudential Tropical Realty: The Pasco County company closed its Palm Harbor and Polk County offices.

5. Century 21 West Bay Properties: The Tampa company sold last year to cross-bay rival Century 21 Sunshine. Seventeen offices operate post merger.

information Source  5/15/2007 St Pete Times James Thorner

We aren't going anywhere!! Unsure about he realtor that you worked with last summer... what was her name???

I'm Katrina Madewell, striving to be  your home consultant for life!

Charles Rutenberg Realty

 

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Rainmaker
585,915
Cyndee Haydon
Charles Rutenberg Realty - Clearwater, FL
727-710-8035 Clearwater, Beach Short Sales Luxury Condos &Homes
Yep! Lots of big offices are casualties in this market - like you, Jack and I are here for Pinellas County for the long haul. Just goes to show you - bigger isn't always better. We've talked often about how important personal service is to us - I guess that's why we find people are comfortable referring their friends and family to us. Keep bringing us good info.       
May 15, 2007 06:32 PM #1
Rainer
236,423
Susie Roscoe
Signature Realty Associates - Brandon, FL
Real Estate Specialist | Brandon, FL

Scary, isn't it???  Ugghhh!!! 

***What the heck are you doing at night?  EATING AR FOR DINNER?  Your points have SKY-ROCKETED lately!!  Who's giving you the secrets mam?  :-)  Would it be Cyndee Lou Who??? 

May 15, 2007 11:11 PM #2
Anonymous
katrina madewell
You are so funny!  NO I am just up until 5 am doing this and everything else.  I have no secrets, haven't even really talked to Cyndee that much lately, I'm sure they are as busy as the rest of us.  We should have an AR'er meeting to stay on the up and up....
May 16, 2007 01:54 AM #3
Anonymous
Kendra
I saw that in the paper! Just an FYI...C21 Mills was mismanaged after the primary owner passed away & basically ran out of money & agents, as I used to work there. Currently at C21 Sunshine, I know that their acquisition of the Westbay offices was due to retirement of those owners. So, those were not instances of the market really, but unique circumstances.  But, this market is eliminating many agents! I have been doing this 13 years, and the 2nd time for the weeding out.  Funny when I call to show a property & have to wait for a call back later in the day because the agent had to leave the business & is at work at the mall, etc. doing this part time.
May 17, 2007 08:19 AM #4
Rainmaker
251,783
Katrina Madewell
Charles Rutenberg Rlty- More than 5,000 agents(813) 777-1196 - Tampa, FL
Tampa FL Homes for sale | Tampa Bay - (813) 777-1196
I know what you mean, I'm a veteran too, with over 15 years in the industry...  EASY come easy go!  or mayve easy in easy out is a better way to put it.
May 17, 2007 12:10 PM #5
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Rainmaker
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Katrina Madewell

Tampa FL Homes for sale | Tampa Bay - (813) 777-1196
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