- April 29, 2013
-- On a recent Saturday, the employees of Bay Area Equity Group gathered to celebrate what has been a record setting quarter for the company. A fantastic time was had by all in attendance, and CEO Antranik Kabajouzian has high hopes of hosting a similar event at the close of quarter two. Antranik believes that hosting this type of event following a successful quarter will help facilitate staff teamwork and communication throughout the office during this time of unprecedented growth for the company and the return investors to the real estate market in general. While business has been sluggish in recent years after the crash of the real estate market in 2008, investor confidence seems to be at an all-time high, and new clients are flooding Bay Area Equity Group’s doors.
“The real estate investment market has been up. We have been having a fantastic time of trying to keep up with demand.” The Bay Area Equity Group website confirms this with just two properties being listed as available. Within the past month a notice has gone up apologizing for the lack of inventory, and many investors have been playing a waiting game to get their hands on an investment property.
“We do apologize for the inconvenience of not having our properties listed online as we normally would, but the demand has just been that great” says Antranik. Despite the lack of inventory on their website, Bay Area Equity Group is still firmly committed to delivering a fifteen percent return on its investment properties, and the notice on their once full property listings page encourages investors to contact an Investment Specialist to acquire properties not yet listed. Antranik Kabajouzian further re-iterated Bay Area Equity Group’s commitment to investors by making the following statement “We will not allow the quality or the returns of the properties we offer to our investors suffer.”
Recent gains within the stock market and the recovery of the housing market have been contributing to the type of fast paced growth companies like Bay Area Equity Group have recently experienced. Increased confidence among many investors regarding the economic outlook has led many areas to experience shortages in available investment properties. Despite these shortages, Bay Area Equity Group is confident they will be able to continue meeting the needs of their clients, and is looking toward the next quarter with high expectations. “We had a lot of fun Saturday night. By providing excellent service and returns on investment to all of our clients, the staff and I are looking forward to the opportunity to celebrate once again.”