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716 Realty Group WNY Grows Significantly in 2023

716 Realty Group WNY Grows Significantly in 2023

5/1/23

The truth is that the Buffalo Niagara Market is low on inventory and seemingly everyone is feeling the pinch. Buyers are competing for homes like never before and sellers are seeing appreciation of home values often much higher than even the experts can predict.

According to the Buffalo Niagara Association of Realtors data from January 1st of this year through May 1st, Closed transactions are down nearly 2,000 closings from 8450 last year to 6478 this year, begging the question if and when more inventory is coming online.

Against the trend of slowing sales and declining sales for much of the competition, 716 Realty Group WNY is happy to share its in the #6 seat with an increase for the same period of 99.76%, putting it into a league of its own. We believe the main factors contributing to the growth are important and there are many reasons fueling this;

  • Strong online and local brand presence of the 716 by both our agents and company marketing efforts that truly makes us about the community of the 716, not just a name.
  • Increased attraction of experienced realtors to help our family of realtors learn and grow in challenging times. Collaboration is key.
  • Positive mindset and coaching. We talk often about how to help people in our community and remain committed to focus on the numbers in a positive way. 

If you are looking for a realtor to help you this spring and summer buy, sell, invest, or build in the local WNY Real Estate market, please feel free to give us a call or drop a comment below.

Thank you WNY for your support and trust as we all continue to navigate these uncertain times. One thing remains constant, our agents and clients are the best anyone can ask for. And oh by the way, we’re never too busy for your referrals.

About the Author and Broker:

Gregory Straus started building his real estate business in 2013, trademarked 716 Realty Group in 2017. In 2018 and 2019 he was a TOP100 agent and to this day practices alongside the team. Today he is the Managing Real Estate Broker and CEO of 716 Realty Group WNY, which is the fastest growing brokerage in WNY and also the most supportive for its 75+ people that work at 716 across 10 office locations all around WNY.

Additional Resources: BNAR.ORG (Buffalo Niagara Association of Realtors)

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