8/20/2018 – After publishing monthly residential real estate housing trends and market data since 2012, ERA Brokers Consolidated released its first semi-annual report covering single family investment metrics as well as a comparative analysis of residential markets from Salt Lake to Las Vegas.
While many publish housing statistics like median home price and days on market, finding data to support investors and their financial models is much more challenging. ERA Brokers announced today the first issue of The Review. It contains statistics like single family rental lease rates and vacancy rates as well as a comparative analysis of the markets served by ERA Brokers from Salt Lake City to Las Vegas. This one of a kind publication will be extremely valuable in the real estate investment community who are looking at single family homes, townhomes, and condos as a potential investment class.
Jon Walter, COO for Brokers Holdings, which operates ERA Brokers added, “The Review, our residential real estate research publication, will become a fixture among real estate decision makers in the communities where we do business. It has information you can’t obtain anywhere else, and is presented in a format that is easy to use and valuable to decision makers. It fits as a perfect complement to our commercial market research published by NAI Excel and NAI Vegas. The combined coverage gives us the ability to report on trends from Salt Lake to Las Vegas spanning single family residential, multi-family, office, retail, industrial, and hospitality trends. The reports together are the most comprehensive coverage of real estate markets in the intermountain west.”
The technology and research initiatives at ERA Brokers are part of a broader effort to enhance the client experience. The firm has made substantial investments in Technology, Marketing, Market Research, and Agent Support over the past 12 months. Clients of ERA Brokers agents say that 95% of time they are very likely to refer their real estate agent to a friend or family member. This is a significant achievement when contrasted with the National Association of Realtor average of 74% as reported in the National Association of Realtors’ 2017 Profile of Home Buyers and Sellers. ERA Brokers is working to exceed client expectations and consistently deliver results that outperform industry standards.
About ERA Brokers Consolidated
ERA Brokers Consolidated is a brokerage infused with proprietary real estate technology. ERA Brokers Consolidated includes 9 offices on the I-15 corridor from Salt Lake City, UT to Las Vegas Nevada. It is a subsidiary of Brokers Holdings, which operates commercial and residential brokerages in Utah and Nevada. With over 300 licensed real estate professionals, Brokers Holdings closed nearly 3,500 transactions worth approximately $1 billion in value in 2017, and it manages approximately $250 million in real estate for its clients.
About ERA Real Estate
ERA Real Estate is an innovative franchising leader in the residential real estate industry with more than 40 years of experience in developing consumer-oriented products and services. The ERA network includes approximately 37,000 affiliated brokers and independent sales associates and 2,350 offices throughout the United States and 33 countries and territories. Each office is independently owned and operated. ERA Real Estate is a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), a global provider of real estate services. ERA Real Estate information is available at: ERA.com.