Company sales in 2005, 2006, and 2007 rose consistently as the rest of the greater Baltimore area’s home sales rapidly declined making 2007 the company's overall best year for sales. Advance spent much of 2008 in research and development across the board. The primary focus was building a strong support system and strengthening its core services to handle the rapid growth which had seen an increase from office to fourteen within three short years.
Technology was a driving force and Advance invested ample time and resources refining their new innovative technology platform launched in the fourth quarter of 2007 and recently unveiled the second phase of their website design at www.advancerealtyusa.com. The new design is a proactive response to shifts in the marketplace and consumer demand.
"We promote to use of transitional work space in an effort to provide traditional real estate services in a professional office while reducing overhead. This improves our owner's profit margins, allows us to offer better than average commissions and provide a discount for our consumers. When times are tough, we can adjust our business model and our owners are not impoverished with fixed costs they can’t avoid." Harry W Blondell, Esq.
Advance Realty has been working closely with developers to expand into the New Jersey and New York regions with four new locations on the horizon as brokers are attracted to Advance's money-saving saleable model that easily changes to accommodate changing economic conditions. In addition to increasing market share and web presence, Advance has maintained a high retention rate of agents at 80% due in part to the inviting and professional company culture.
Advance Realty, known for its low 1.75% fee and consumer-driven programs, was established in 2001 in Baltimore Maryland. Robert Munson and Michael Nace decided to develop a new real estate franchise that would end the pattern of climbing fees so commonly associated with real estate. With a growth rate of nearly 500% within the last two years, Advance has moved into four states with many locations based in Maryland. Through the “List more, sell more” system, agents are offered the most incentive rich, income-generating programs available in the trade and the most long-term profitability. Advance Realty, “The Full Service Discount Experts” offers complete real estate services and money-saving programs to clients in addition to numerous agent benefits including profit sharing, integrated real estate technologies and comprehensive training.
