Naples-based Downing-Frye Realty makes industry magazine’s Top 100 list
Downing-Frye Realty Inc. has been ranked 85th in the nation among all real estate companies based on closed sales volume, according to a report published in the July 2009 issue of Realtor Magazine.
This is the fifth consecutive year in which Downing-Frye has earned recognition on the “Top 100 Companies” list. The Naples-based firm reported total sales of more than $1.03 billion during 2008 with a total of 1,968 transaction sides.
Downing-Frye Realty was among just six real estate agencies in the state of Florida to be included in the 2008 Top Real Estate Companies list by Realtor Magazine.
“Downing-Frye Realty is the only Naplesbased real estate office to have made this list every year over the last five years,” said Mike Hughes, vice president for Downing Frye. “This is a tremendous achievement for our organization and is particularly gratifying considering the tough real estate market that existed throughout much of last year.”
Mr. Hughes noted that 2009 represents another challenging year. But the firm’s continued investment in new sales associates, agent education and Internet marketing is paying off. ”Educating our agents on the short sales process has become a priority,” he said, adding, “Whenever there’s a challenge in the market, we see an opportunity.
“Until two years ago, most of our people hadn’t even heard of short sales. Last year, I’d say 60 percent of our agents were involved in at least one. We’ve brought in a corporate trainer to work with our sales associates regarding short sales and other emerging trends.”
Downing-Frye Realty has full-service real estate offices in Naples and Bonita Springs. The Downing-Frye name has been a fixture in Southwest Florida real estate since 1961.
Courtesy of Naples Daily News
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