Business booming, records breaking at Metro Brokers

Real Estate
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Business booming, records breaking at Metro Brokers

Real Estate
Share this Post

The company's

record month touched every division of the company. A synopsis of each

division:

Relocation:

The top relocation department in the country among GMAC franchisesis up

16 percent in dollar volume year-to-date. The division has converted $34

million in Internet-generated business alone."Our principal goal

this year is to convert e-leads into new business for the company,"

explained Dana Eskridge, Vice President of Relocation and Corporate Services."Our

internet referrals ­ from brokers, corporate clients and individual

homebuyers ­ has really taken off.We've hired two new managers to

handle the increase."

Financial:

The lending arm of the company, Metro Brokers Financial, closed 152 loans

in May (a 47 percent increase over May 2002) on volume of more than $22.3

million (a 53 percent increase). The 18 th largest retail lender

in metro Atlanta has closed nearly 700 loans to date with a dollar volume

of more than $96 million. MBF Vice President of Operations Judy Jones

expects to close more than 1,400 loans in 2003, moving MBF into the category

of top 15 retail mortgage lenders in metro Atlanta.

Real estate

school: In May, the Metro Brokers/GMAC Real Estate Academy recorded

its largest pre-license class ever with 97 enrollees.In the two years

since its inception, the academy has become the top broker-owned school

in Georgia and the fourth largest real estate school in the state. According

to Associate Director Alison Trevor, the academy is on track to enroll

some 1,200 students in 2003, which has almost tripled in just two years.

The program has expanded from a single location to four Metro Brokers

office locations:Sandy Springs, North Fulton, Woodstock and Stockbridge.

Day and evening pre-license classes are offered as well as Independent

Study.

Insurance:

Metro Brokers' insurance division sold more than $70,000 in new business

premiums in May, up 22 percent from last year. The insurance division

is an independent agency representing numerous insurance companies and

products.

The success

of every division can be traced to one department within the company:

Career Development. Metro Brokers' team of career counselors hired 75

new sales associates in May, bringing the year-to-date total to 399, a

33 percent increase over 2002. Metro Brokers is now home to more than

1,500 sales associates, making the company the second largest license

holder in Georgia.

For more information

on Metro Brokers, contact Dac Carver, Director of Marketing and New Home

Services at 404.843.2500.

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