Mark Spain Real Estate Having Record Year and Will Cross $1B Annual Sales Mark
Friday, December 6th, 2019
Mark Spain Real Estate, an independent real estate brokerage named to the Inc. 5000 list of fastest-growing private companies in America for four years straight, is having a record year in all four real estate markets in which it has a presence. This has put the firm on track to cross the $1 billion annual sales mark for the first time in its history.
In metro Atlanta, where Mark Spain Real Estate has its headquarters, the company’s closed home sales are up 48 percent in the first 10 months of 2019 (in comparison with all of 2018). Additionally, Mark Spain Real Estate has realized a 20 percent revenue growth and has grown the size of its Georgia-based real estate agent team by 34 percent.
“We are very pleased about the growth and the fact we are helping more people buy and sell homes than ever before,” stated Chairman and CEO Mark Spain. “However, no matter what size we become, we never want to lose sight of putting the needs of our clients first. Part of how we accomplish this is by investing in our people by providing the best training, the latest technology tools and systems to serve our clients effectively and efficiently.”
Mark Spain Real Estate’s 2018 sales numbers included 2,748 closed transaction sides and over $702 million in gross annual sales. On average, the Mark Spain team sold more than 10.5 homes per business day in 2018.
“Exceeding $1 billion in annual residential real estate sales is a milestone only a small percentage of independent real estate firms ever accomplish,” explained Mark Spain Real Estate President John Makarewicz. “We could not have achieved this level of growth without the support of every team member and partner we are fortunate to do business with.”
The firm invests heavily in marketing, technology, education and analytics in order to competitively position itself in its regional markets of Atlanta, Athens, Charlotte, Raleigh and Nashville. Mark Spain Real Estate has plans to expand in additional Southeastern markets in 2020 and beyond.