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Tuesday, October 5, 2004

Florida real estate market survives hurricanes

Existing-home sales, prices rise despite storms



Florida home sales weathered the impact and threat of hurricanes in August, and single-family existing-home sales gained 3 percent while median sales prices rose 15 percent from July to August, the Florida Association of Realtors reported today.



The strike of Hurricane Charley and menace of Hurricane Frances led to delayed closings because home buyers were unable to obtain homeowners' insurance policies.



Statewide, a total of 20,294 homes changed hands in August 2004, compared to 19,748 homes in August 2003. The statewide median sales price rose 15 percent to $189,500 a year ago it was $164,100. In 1999, the statewide median sales price for single-family existing homes was $106,200 which represents a 78.4 percent increase over a five-year period, the association also reported



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Monday, October 4, 2004

Real estate discounter expands again

Help-U-Sell franchises now in nearly all 50 states



Help-U-Sell Real Estate announced Thursday that it has broken the 600-franchise mark, expanding its reach to more than 46 states nationwide.



Opening a new office, on average, every 48 hours, Help-U-Sell has boasted a 30 percent growth rate over the past five years, according to a company statement.



Help-U-Sell Real Estate's fee-for-service model allows sellers to select and pay for only the services they want, making it the middle ground between the "For Sale By Owner Model" where sellers do all of the work and pay nothing and traditional brokers that do everything and charge upwards of 6 percent of the sale of the home.



"Sellers want flexibility and affordability when it comes to the real estate process and they're gravitating toward alternative real estate models to get these things," said Help-U-Sell President Rick O'Neil. "Our success stems from our ability to give consumers choices something they've never had before. And our numbers are clearly reflecting this."



The company also attributes its growth to the recent appointment of several new regional directors that were hired to bring individual support and training to offices in their territories. The organization currently has more pending and expects to add at least a dozen more by the end of the year.

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