John Rebchook is a former Rocky Mountain News reporter with more than 30 years of experience in writing and communications... 
Peter Niederman, CEO of Kentwood Real Estate.
Kentwood Real Estate has surpassed $1 billion in total sales volume for 2011, the company announced today.
The landmark milestone, recorded in mid-November, marked the 11th time the firm has topped $1 billion in sales in a year.
Kentwood’s total production through mid-November was $1,000,250,185 representing a total of 2,311 real estate transactions. Kentwood Real Estate surpassed the $1 billion mark in 10 of the past 11 years, including 2011, with only 157 real estate agents. As the challenging market continued last year, Kentwood’s top-producing real estate professionals once again surpassed the $1 billion milestone.
“This is a very major achievement in such a challenging real estate market,” said Peter Niederman, Chief Executive Officer of Kentwood Real Estate, “and one that could only be accomplished by the most experienced, dedicated real estate professionals in the business. By focusing on the most advanced marketing programs in the industry, including one of the country’s top-performing Internet sites, we have recorded another outstanding year. Our broker associates are among the most accomplished at finding excellent opportunities for buyers and maximizing exposure of properties for sellers. It’s also a true testament to our agent’s old-fashioned hard work and perseverance.”
In a ranking of the top 100 real estate firms in the nation for 2009 by the National Association of Realtors, Kentwood Real Estate topped the charts with an average sales volume of nearly $5.8 million per each of the company’s agents. Last year, Kentwood was ranked No. 3 in total sales volume per agent by the NAR and Real Trends, Inc., and was also ranked number one by the Denver Business Journal among the top 25 real estate brokerages in metro Denver.
Broker Associate Bob Kelly of Kentwood’s Denver Tech Center office pushed the company over the $1 billion mark with the sale of a $335,000 listing owned by Joan Brown. While firmly established as a leader in the marketing of luxury homes, Kentwood Real Estate serves the diverse real estate needs of clients in every price range, including condominium, lofts, townhomes and single-family homes.
Kentwood Real Estate is comprised of The Kentwood Co. in the Denver Tech Center, Kentwood Co.at Cherry Creek, and Kentwood City Properties in downtown Denver. For more information, visit Kentwood Real Estate online at this link.
Contact John Rebchook at JRCHOOK@gmail.com
