New Canaan Daily Voice

Follow Like

William Pitt Sotheby’s International Realty Experiences High Growth In 2013

William Pitt Sotheby's International Realty Southport - Fairfield Brokerage
William Pitt Sotheby's International Realty Southport - Fairfield Brokerage Photo Credit: Contributed
Brad Kimmelman, Manager of the William Pitt Sotheby's International Realty Southport - Fairfield Brokerage
Brad Kimmelman, Manager of the William Pitt Sotheby's International Realty Southport - Fairfield Brokerage Photo Credit: Contributed

William Pitt Sotheby’s International Realty, the premier real estate firm in Fairfield County, recently announced that its local Southport-Fairfield brokerage, located at 250 Pequot Avenue in Southport and serving the Fairfield County market, experienced a greater increase in dollar volume than any other local firm in 2013.

According to the Greater Fairfield County CMLS, the office in Southport was responsible for $141 million in dollar volume in 2013, compared to $95 million in 2012—an increase of 47%. The nearest competitor had dollar volume growth of 29% in 2013 versus 2012. In addition, the office achieved nearly double the dollar volume of the Fairfield County market as a whole, which saw a 24% increase in 2013 versus 2012.

The William Pitt Sotheby’s International Realty Southport-Fairfield Brokerage office also experienced significant increases during the prior year. The $95 million 2012 sales figure was an increase of 64% versus the $58 million in dollar volume the company had in 2011, a year that saw only a 9% increase in the market as a whole in Fairfield County.

In total, from 2011 to 2013 the company surged to a 143% increase in dollar volume.

“As the recovery takes off in the wake of the most challenging period in real estate in recent memory, buyers and sellers have become very selective in deciding which real estate brand to work with. They recognize the importance of having the right agent to meet their needs,” said Brad Kimmelman, brokerage manager for William Pitt Sotheby’s International Realty’s Southport-Fairfield brokerage. “We have a serious yet friendly office environment that fosters teamwork, cooperation and trust, with the support of a powerful and prestigious global real estate brand. I am proud that in 2013 we were the fastest growing real estate firm in Fairfield and Southport.”

The $141 million 2013 sales figure includes sales handled by the company’s current Fairfield-Southport office, as well as its previous Fairfield and Southport offices, which merged in February of 2013 into one local brokerage. The company stated that the move to consolidate its Fairfield operations was motivated by a need to accommodate the significant growth it was experiencing on a local level, as well as to accomplish more efficiency in leadership and operations.

For more information contact Brad Kimmelmann, BKimmelman@williampitt.com or (203) 256-7700.

Brad Kimmelman is the Manager of William Pitt Sotheby’s International Realty, Southport | Fairfield Brokerage.