Charles Rutenberg Realty Inc. Experiences Exponential Growth During Turbulent Times in the Real Estate Market
Firm’s Roster Quickly Approaching 1,000 Agents Offers New Programs and Opens New Satellite Offices
October 29, 2014
PLAINVIEW, NY — This year’s local Real Estate market has been in a state of flux. While home prices and sales have steadily risen throughout most of the year, they have been affected by recent interest rate increases. The combined rate increases and prices are still making it difficult for many to afford a new home — especially first-time homebuyers, considering tight lending practices.
Many Licensed Real Estate Professionals have faced these unexpected obstacles in an attempt to survive in a challenging Real Estate climate, but Charles Rutenberg Realty, Inc. is helping its expanding roster of Agents navigate through these formidable conditions.
Since 2006, Charles Rutenberg Realty has grown to almost 1,000 Agents in Nassau, Suffolk, Queens, Brooklyn, and Westchester. What attracts these Agents to the company is a 100% commission plan, affordable monthly dues and a nominal transaction fee on each Real Estate transaction. In addition, Charles Rutenberg Realty offers ongoing training, expert guidance, innovative tools and a high-tech training center for its Agents.
Technology has changed the Real Estate industry. Charles Rutenberg Realty promotes leading edge technical solutions for the company’s Agents, allowing them to conduct business with their prospective buyers, sellers and other industry partners from every location. Charles Rutenberg Realty understands that most Real Estate transactions are driven by the Internet, social media and mobile technology. The traditional way Real Estate Agents used to sell homes is diminishing. The most successful Agents have embraced the changing industry and find themselves out in the field rather than in the office.
“What brings new Agents in to learn about our firm is the promise of 100% Commissions,” says Joe Moshé, Broker/Owner, of Charles Rutenberg Realty. “What persuades them to sign up, keeps them at the Agency and allows them to succeed is the unparalleled support they receive. Our environment is one in which Agents can flourish and achieve their goals.”
To accommodate its growth, last year, Charles Rutenberg Realty moved into a larger headquarters one floor above its previous location in Plainview. This new, modern, state-of-the-art facility has twice the space of its original headquarters.
Among the 1,900 independent Real Estate offices represented by LIBOR and MLS, Charles Rutenberg Realty has the highest market share for available inventory, listings taken for the first nine months of the year and listings under contract — a position the Agency has held for many years. In addition to its branch offices in Huntington, Oceanside, Queens, Bronx, Sayville and White Plains, Charles Rutenberg Realty has opened a new branch in Hauppauge.
Recently, Charles Rutenberg Realty developed its Premier Portfolio Program for those Agents who want intense back-office support for their listings. Those who use Premier Portfolio are armed with the technology, marketing, administrative assistance and transaction support. They can work with clients and customers in the field knowing that someone is always watching over their clients.
Also in 2012, the Agency launched its Commercial Real Estate Division. Recently, this successful program has been expanded to provide greater income opportunities for those closing Commercial transactions. Agents who are experienced in the commercial environment benefit from Internet tools, guidance and marketing review. Agents who have no background are mentored while learning how a commercial Real Estate transaction works. They attend various training sessions which include instruction on how to market a commercial property, perform comparative marketing, as well as the analysis and preparation of cash flow spreadsheets.
“In today’s challenging Real Estate market, Agents need not only the best programs, tools and training to succeed, but they also need to know they will be well-compensated for their sales,” adds Mr. Moshé. “Our 100% Commissions provide our Agents with the flexibility and competitive edge they need in negotiating Real Estate Commissions. It is also an amazing motivational tool!”
Charles Rutenberg Realty is one of the nation’s fastest-growing Agencies with nearly 1,000 Agents on Long Island, Queens, Westchester, and the Bronx. For more information, visit www.crrli.com.