Prominent Sarasota real estate agent Roger Pettingell and Coldwell Banker Realty have seen $206 million transactions on closed sales for 2021
SARASOTA, FL / ACCESSWIRE / JANUARY 27, 2022 / Real estate continues to be a seller's market, says Roger Pettingell of Coldwell Banker Realty. He has spent nearly four decades in real estate and now specializes in luxury and waterfront properties. His high volume of sales started early on, he says, when he realized the need to center his approach around the buyer. He became a top Realtor for Coldwell Banker Realty early on and continues to draw in big numbers every year as Sarasota's leading real estate agent.
The disruption caused by the pandemic led to many unknowns in the real estate industry. Despite the potential for a downturned market, real estate values skyrocketed in many parts of the country. Roger Pettingell was able to take advantage of the highly desirable properties in the Sarasota and Manatee County areas, finding ideal fits for buyers.
The recent announcement of over $206 million in sales for 2021 means an increase in his already high sales for 2020. Roger Pettingell landed a Sarasota County real estate record for single-year sales with over $175 million in a private property.
Working with a five-person team, Roger Pettingell says some of his success can be attributed to his incorporation of technology. His interest in tech and background in sales has led to innovative solutions, like drone footage of luxury properties and FaceTime for remote clients. This cutting-edge approach has helped him capitalize on the digital migration trends of businesses moving to social media and establishing their online presence. He also notes that the pandemic had less of an impact on his business because of the tech tools already in place.
According to Florida Realtors, sales for single-family homes were up by 4.3% in November 2021 when compared to 2020. The same report found the median sale price also rose by 19.6%, from $305,000 in 2020 to $364,900 in 2021.
"Inventory is still going off-market with a sale just about as fast as we can get it on-market with a listing," says Roger Pettingell. "I don't see the Southwest Florida real estate market slowing down any time soon. These are prime real estate locations and excellent investment properties. People move here because they want the beautiful weather and relaxed lifestyle. Some are flocking here from areas with tighter COVID restrictions, weary from big city life."
Zillow has predicted a nationwide forecast of 13.6% in home value growth by Q3 for 2022. The high level of sales for Roger Pettingell and Coldwell Banker Realty is exciting news for the entire team. Continued focus on a boutique experience and personalized sales can be expected from the team throughout 2022, Pettingell says. He believes the different approach has given them the edge for such a high volume of closed sales.
"We know what works, and we will keep offering those high-quality services," he says. "Buyers and sellers alike need someone in their corner who is ready to look out for their best interests."
Roger Pettingell | Sarasota & Longboat Key Real Estate Agent
SOURCE: Roger Pettingell | Sarasota & Longboat Key Real Estate Agent