Looking Ahead: Dean Agency Poised To Shine In 2012

The Dean Agency on the NC Outer Banks is off to a record start as the perfect combination of new listings, motivated sellers, and top-notch brokers come together to create the busiest sales season in five years.
By: Olivia Helmig
 
Feb. 13, 2012 - PRLog -- With Spring fast approaching, the Dean Agency real estate team is gearing up for what is expected to be the busiest sales season in its five year history.  With new Outer Banks homes for sale, hot foreclosures in areas including Corolla, Hatteras Village and Kitty Hawk, and motivated sellers, there is a tangible excitement among these Outer Banks, NC brokers.

“This year started very positively for everybody,” Anna Hunt, Senior Broker and Realtor with The Dean Agency affirms.  According to Ms. Hunt, the 2012 vacation rental season has come early, meaning more listings (including Nags Head real estate) and more closings, with several properties already under contract.

Broker Associate Shane Collins agrees.  “I feel really blessed to have two homes under contract with the possibility of two more very soon,” he explains.  Shane describes a busy schedule for the weeks to come and attributes some of the early boom to the agency's unique clientele.  “People appreciate the personal attention that comes from a smaller, tightly-knit agency.”

Broker Mark Lupean points to another explanation of this explosive 2012 season: low prices and high demand.  “I currently have a great short sale investment oceanfront property under contract that has over 15% cap rate,” he noted, adding that while a 15% cap rate is exceptional, he has seen quite a few this year at over 10% cap rate – a trend that he believes is certain to appeal to many investors looking for homes for sale in the Outer Banks of North Carolina .

This trend makes perfect sense to broker and agency owner John Dean who explains, “We have seen the best value in our market shift slightly away from foreclosures towards short sales and private sales. Our analysis of the per foot prices of Outer Banks real estate shows the trend going that way. Since our focus is on value, we expect to be selling more private sales and short sales on the Outer Banks this year. We are going to take our clients to the deals and the bank-owned homes just don't have the monopoly on value that they did in 2008-2011."

Dean also believes that the agency’s own investment in human capital is making the difference.  “Last year we added and trained three new brokers and spent most of our focus on building,” he explained.  “This year we have already seen the payback. The new brokers are on fire. The Dean Agency is in the best position to serve our clients since we started."

One such broker, Chris Buttery, also points to the human factor as being the real key to continuous wave of successful listings and closings.  He specifically attributes the close camaraderie of the brokerage staff.  Each broker within the agency is “willing to break their back to help the other,” according to Buttery.  Running errands, fielding questions, even showing properties for one another are just some of the ways that his fellow brokers regularly step in to help each other and keep the ball rolling.

Certainly, 2012 is already shaping up to be a hot year for the Outer Banks, NC real estate market.  Prized Nags Head properties, ocean-front homes, foreclosures and many other ideal properties have all of John Dean's brokers eager and ready to handle all of the excitement that 2012 has to bring.

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Outer Banks & Nags Head NC Foreclosure Homes and Bank Owned Property for Sale. Contact our REO specialists - oceanfront, golf course, luxury bank owned homes & foreclosures for sale. Our Brokers will email current OBX foreclosure list. Bank Owned- REO OBX
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Source:Olivia Helmig
Email:***@thedeanagency.com Email Verified
Zip:27949
Tags:Obx, Outer Banks Homes for sale, Nags Head, Corolla, Hatteras Village, Foreclosures For Sale
Industry:Real Estate
Location:North Carolina - United States
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