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Friday, September 19, 2014

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William Pitt Sotheby's reports growth in transactions

Updated 9:32 pm, Friday, February 21, 2014
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William Pitt Sotheby's International Realty has announced that its Southport-Fairfield brokerage, 250 Pequot Ave., had the highest 2013 Fairfield County dollar volume growth of all local firms.

The office in Southport was responsible for $141 million in dollar volume in 2013, compared to $95 million in 2012 -- an increase of 47 percent, the realty firm said in a release, citing data from the Greater Fairfield County CMLS. According to William Pitt Sotheby's announcement, the nearest competitor had dollar volume growth of 29 percent in 2013 versus 2012. In addition, the office achieved nearly double the dollar volume of the Fairfield County market as a whole, which saw a 24 percent increase in 2013 versus 2012, the announcement said.

According to William Pitt Sotheby's, in total, from 2011 to 2013, the company recorded a 143 percent increase in dollar volume.

"We have a serious yet friendly office environment that fosters teamwork, cooperation and trust, with the support of a powerful and prestigious global real estate brand. I am proud that in 2013 we were the fastest-growing real estate firm in Fairfield and Southport," said Brad Kimmelman, brokerage manager for William Pitt Sotheby's International Realty's Southport-Fairfield brokerage.

The $141 million 2013 sales figure includes sales handled by the company's current Fairfield-Southport office, as well as its previous Fairfield and Southport offices, which merged in February 2013 into one local brokerage. Founded in 1949, William Pitt Sotheby's International Realty manages a $2.6-billion-plus portfolio with more than 1,000 sales associates in 28 brokerages spanning Connecticut, Massachusetts and Westchester County, N.Y. Sotheby's International Realty's worldwide network includes more than 13,000 sales associates located in 660 offices throughout the U. S. and 49 other countries.

Visit the website williampitt.com for more information.