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Since 1911
The official newsletter of HUNT Real Estate Corporation May 2008
a note from
Chairman and CEO
Peter F. Hunt
Over the last several weeks, I’ve had the
opportunity to visit all of our regions and
many of our offices. Many fine people have
joined our organization. Customers are out
in force, perhaps finally recognizing the
opportunity that exists for good or not-so-
good reasons. The offices are alive with the
prospect of maybe, just maybe, finding the
real and psychological bottom to the market.
I’ve also attended a seemingly endless series
of conferences and seminars, listening to and HUNT Real Estate ERA Florida Expansion
talking with “experts” who support the notion HUNT Real Estate Corporation has been market. We already offer mortgage services
that, while the worst may not be completely seeking new investment opportunities since to our customers in Sarasota through
past, a “sloppy” bottom is upon us. The well before we entered the Florida market. HUNT Mortgage.
balance of 2008 will probably continue to be
off from 2007, which was off from 2006, And now we are proud to announce the Through the acquisition of Capital Properties
which was off from 2005, nationwide. But acquisition of Capital Properties and Services, we can efficiently expand our operations in
the future holds promise for a stronger, much Inc. of Sarasota, Florida. This is our second Sarasota. We are serious about our commitment
more vibrant national real estate market. acquisition in the Southwest Florida market to this community and the Southwest Florida
Congress and the Executive Branch will since late December of 2007. Capital Properties market and look forward to other opportunities
finally do something; the FHA will become is a full-service real estate brokerage firm that to bring our level of service to this region.
even more of a significant element in the services the Gulf Coast area with over 50
financing picture because of new, higher loan agents who will transition to the Osprey
limits; “jumbos” will be redefined so that Office. The company was established in 2001
Fannie Mae and Freddie Mac regain a by Fred and Ceil Beles who will remain with
prominent role in the conventional market; HUNT Real Estate ERA as associate brokers.
and several not-for-profits will help to guide
policy aimed at assisting those families As part of the transaction, HUNT will also
caught in the credit crunch as a result of acquire ownership in title and general
bad business practices and even their own insurance agencies, both currently divisions
poor decisions. of Capital Properties. The addition of these
two services will go a long way to establishing
Assuming the analysis is accurate and there our vision for the ancillary business
Continued on back cover. infrastructure for HUNT in the Sarasota Osprey Office - Sarasota, FL
Market Share
In the region, Clarence is our strongest market.
HUNT ERA’s Newest
*
The latest statistics show HUNT with a domi-
Associate Brokers
HUNT ERA agents have
nating 44.5% of the market share. With over $90
always been committed to
million in sales, HUNT far surpassed its closest
providing quality service to
competitor – Realty USA, who posted under $58
their clients, and at times, this
million in sales during the same time period.
commitment has led them to the
Additionally, HUNT is leading with over 30% Jeanne Alexander
HUNT takes great pride in our agents and classroom. Jeanne Alexander,
of the market share for the following areas:
employees; it is your hard work and dedication Sharon Caron, Laurie Dietrich,
Alden & Lancaster, Amherst, North Buffalo,
that has made this company an industry leader. and Jim Scheerens – all
Depew, Hamburg, and Tonawanda. We have
Rather than telling you that we are ahead of the members of the Perinton office
also maintained a strong presence in Holland
pack, at this time, HUNT would like to share – have recently completed the
and Wales – ahead with more than $5 million in Sharon Caron
some statistics that show clearly that all of our course work and earned their
sales and holding over 25% of the market share.
efforts pay off: licenses from the New York
It gives us great pleasure to be able to announce Department of State. In the
Erie County has always been a well-performing such spectacular news when so many process, they’ve all had their
area for HUNT. In 2007, it became a strong brokerage firms are experiencing a housing statuses upgraded from
hold – sales for the region jumped past the slow-down. HUNT would like to congratulate
Laurie Dietrich
Salespersons to Associate
$800 million mark, a feat that has not been our agents and associates for these remarkable Brokers. Please join HUNT in
accomplished by any real estate firm, dating accomplishments; keep up the good work! congratulating our newest
back past 2004. We are also pleased to announce Associate Brokers on their
that HUNT held a stunning 32% of the area’s recent accomplishments!
*Part of this representation is based in whole or in part on the data supplied by
the Boards or Multiple Listing service to each respective market. Neither the
market share last year!
Boards nor their MLS guarantees or is in any way responsible for its accuracy.
Information confidential, Property of MLS, deemed reliable but not guaranteed. Jim Sheerens
Ellicottville Merger Metropolitan Office Moves to the Elmwood Village
Henry Ford famously said, “Coming together is new home. What they found was a property
a beginning; keeping together is progress; with great marketing potential and additional
working together is success.” Honoring the spirit parking for clients and staff.
of collaboration and poised for a big year,
HUNT has recently formed strategic alliance Peter Hunt, a long-time city resident and
with ERA Vacation Properties and its owner, strong proponent of Buffalo’s revitalization
William Soffel of Chautauqua, NY. Mr. Soffel, efforts, purchased the property and personally
who currently runs Century-21 Town & Country invested over $200,000 in rehab costs. With
in Ellicottville, will be operating HUNT Great strong ties to the community, Lamparelli
Vacations and Holimont Realty. HUNT Mort- Construction was hired to do the build-out on
gage and its affiliates will provide mortgage, in- the property and local vendors were engaged
Elmwood Village has developed a cult-like
surance, and other services for this newly-formed to finish the renovations. Bret Llewellyn,
following among the young and young at
alliance; Century 21 will be converted to ERA to Branch Leader of the Met office, kept a keen
heart of Buffalo; and for good reason –
accommodate the combined operations. As a eye on preservation and set out to safeguard
bustling with activity and teaming with shops
result, ERA will be immediately catapulted to the original charm of the building. “It was
and restaurants - the area is certainly a vibrant
the #1 position in the Ellicottville market! imperative to do everything possible to save
cultural hub. On May 22, 2008, the village is
whatever could be salvaged from the structure.
“We are enthused about this opportunity to sure to get a little livelier with the grand
Original accents such as the tin ceiling and
combine our forces in Ellicottville. This is sure to opening of our new Metropolitan office
hardwood floors were all integral to the
be a long-term mutually beneficial relationship, located on 720 Elmwood Ave.
personality of the property,” said Llewellyn.
allowing for a system of inter-company referrals.
The much-anticipated opening has been a
Capitalizing on each other’s strengths is an im- As the Met office becomes a part of the city
long time coming. Having outgrown the
portant part of this alliance,” said Peter F. Hunt. scenery, Bret and his team are looking
Brisbane building as a result of city residential
forward to another successful year. With a
With this alliance and many exciting sales tripling – culminating in over $100
growing condo market and baby boomers as
opportunities on the horizon, 2008 is sure to be a million in real estate sales in the city of
well as young executives showing keen interest
stellar year for HUNT and its affiliates! Buffalo and far surpassing all its competitors
in city living, the Met is well on its way to
– the HUNT team went on the search for a
becoming the toast of the Elmwood Village!
Jump on the United Way Bandwagon
involved with the United Way plays a unique provides lunch and in many instances you get
role in enabling the organization to do the to be outside for the day (up to 4 hours).
work of their mission.
This year’s major sponsors are: HSBC,
In an effort to promote the United Way Day National Grid, Praxair, and Wegmans. If you
of Caring and stress the importance of this would like more information about Day of
event to HUNT and our community, the Caring, please visit www.uwbec.org or
United Way of Western New York cordially contact Gloria Helenbrook via e-mail at
invites all of you to participate in the United ghelenbr@r-house.com or by phone at
Way Day of Caring to be held on Wednesday, 880-1520 to sign up.
August 20, 2008. Day of Caring is a chance
for us to get “up close and personal” with the Thank you for being a part of the largest one-
As all of you know, United Way is one of the day volunteer event in Western New York and
services and programs being provided every
most notable non-for-profit organizations for investing your time, talent and treasure in
day in our community by volunteering our
in Western New York that brings the entire what matters!
time to this special cause. It's actually a fun
community together to address our most
time with your co-workers while United Way
critical human service needs. Anyone who is
RedTag Sale was an Overwhelming Success FISHER POND
selling experience. One such tool was the Red
Tag Sale event, launched in February 2008.
GRAND OPENING –
Hundreds of sellers took advantage of the
Special Sales Event
event and we are pleased to announce that the
outcome has been tremendous. Fifteen
properties have been sold as a part of the
Red Tag Sale with over 150 properties with
transactions still pending.
Though print promotions have ceased, HUNT
still continues to showcase Red Tag Sale
Fisher Homes in partnership with West Herr
properties online as we transition into our next
HUNT provides our agents with a number Toyota of Williamsville are proud to announce
initiative. Watch for more announcements later!
of marketing tools in order to enhance their that from April 26, 2008 until June 28, 2008
Fisher Homes will prepay a 3 year lease* on a
West Herr Toyota Corolla when you purchase
A Fond Farewell to the r-house Magazine a new home at Fisher Pond.
HUNT ERA has always However, with technological advances and Located just outside the Williamsville Village
been known for its increased traffic for Internet real estate searches and priced from $399,000, Fisher Pond is the
innovative approach - with more than 80% of our customers using perfect place to enjoy a low maintenance
to real estate. True to the web as the primary source of property lifestyle, with open space and an abundance
form, in the late search information - the relevancy of the of amenities.
1980s, the r-house r-house Magazine has steadily declined.
Magazine was cre- Because of its diminishing return on Fisher Pond is excited to announce that Patio
ated as a means investment, early this month HUNT has Homes are now available for purchase! Our
of providing print decided to discontinue production of the model is located at 326 S. Cayuga Road.
advertising for listings and opportunities for r-house Magazine. Open House hours are Saturday thru Tuesday,
agent promotion. At the time of its launch, 1:00PM - 5:00PM. Contact Beth Klipfel at
r-house Magazine known as the Showcase of As we say a fond farewell to the r-house 716-390-0533 for more information. Visit
Homes, was the first vehicle of its kind in the Magazine, we remain committed to pioneering www.fisherpond.com to view all of our
marketplace and highly regarded in the industry. new innovations, such as r-house.com, that available models.
For many years, the magazine fulfilled its will help to ensure our place as an industry
mission, providing our clients and employees leader. Stay tuned, as the best is yet to come!
*Upon the closing of your new Fisher Ponds Home, HUNT ERA will prepay a 2008 Toyota Corolla LE, MSRP $18,154, 36
Month Lease up to $5,784.48, 12,000 miles per year. Mileage over 36,000 at lease turn-in will be charged to the lessee
with reliable listing and agent information.
at $.20 per mile. Lease rate and/or residual are subject to change on April 30, 2008. Should the Toyota Lease Program
change after April 30, 2008 HUNT ERA will still pay up to $5,784.48 towards new lease amount. Lease is subject to Toy-
ota Credit Approval 2008. Customer is required to pay all taxes up front, plus registration and title fee. Customer must
have a valid driver's license and provide required insurance coverage prior to taking delivery of vehicle. This offer is valid
from April 26, 2008 through June 28, 2008 and is not applicable to home sales sold or closed prior to this promotion.
This offer is good only for customers named on the deed of the new home.
through HUNT ERA in Syracuse purchased a
Continued from front cover. home. This was by far the best performance in
a note from Peter F. Hunt
the entire Network. Congratulations also to
a note from
is real reason to believe that the worst may be
President- HUNT Mortgage for winning the highest
Louis A. Izzo Jr.
behind us, we must keep in mind that all real
Residential Brokerage mortgage capture in the Network for a record
estate, like politics, is local. The conditions in
8th year in a row.
the market as a whole in this country really only
provide a framework for the thinking of our April 30th marked the half-way point of our As we move into the third quarter of 2008, we
customers in our individual cities and towns 2008 Fiscal Year. The good news is that we are focusing on increasing the value that we
we serve, while each has their own character continue to buck the national trend in real estate provide to our clients with the development of
and unique set of circumstances that will sales, although we certainly have several areas our Certified Platinum Homes System. It will be
define their own “recovery”. Frankly, we can of our business on which to focus. Our Platinum launched at about the same time as the new
do little about any of this. Branch Program is off to a strong start and has r-house.com website and we firmly believe that
provided just this type of focus for all of us. The these two initiatives will continue to demonstrate
What we can do something about is our own
Platinum Program has identified the key areas of to our customers the ability of HUNT ERAto not
behavior. What I see is enormous opportunity.
performance that will most impact the success only meet, but exceed their homeownership
Agents are leaving the industry in droves (most
of our company, our branches and our sales needs. We believe these two initiatives will bring
of whom should never have been in the business
associates. The first Platinum reports will come us one step closer to living our Vision, which is
in the first place); surviving companies are
in any day now. Please look to future editions of “Always There For You”.
making smarter business decisions about how
Since 1911 for an update on your branch.
and where they invest their capital and even IF This month’s Above and Beyond Award goes to
they will stay in business or seek some new This month I would also like to congratulate the our HUNT Metropolitan Branch Leader, Bret
structure; and those that have survived will be HUNT Relocation Team on winning several Llewellyn. Bret has led the charge on develop-
stronger. I see many of our own agents awards at the recent Cartus Broker Network ing our new City of Buffalo Metropolitan Office
recommitting to the fundamental activities that International Conference in Dallas, Texas. which is located in the Elmwood District.
make us valuable in the eyes of our customers. HUNT ERAand HUNT Mortgage won a total of Converting an old and well-worn building into
I see branch leaders rallying their agents five awards, which was second in overall the finest real estate office in the City of Buffalo
around the concept of being certified as a performance out of the over 1100 brokers in with a dramatic and highly professional presence
Platinum Branch – a true reflection of our this industry leading Network. Specific has been no small task. We are proud of the fine
Vision and the value that we represent to our congratulations to the Syracuse region for their work done on Bret’s part.
customers. I see continued evolution of the outstanding performance in working with
finest infrastructure in the industry right here at Until next month, my best regards.
buyers in 2007. Over 92% of the buyers referred
HUNT Real Estate Corporation through our
new web site and its remarkable underlying
infrastructure. I see an evolving marketing Super Sunday at Save the Date
system that will position our organization
and our agents on the leading edge of our
the KenTon Branch
The KenTon Branch held its second annual
Rochester Staging Training
industrial evolution.
@ Raymour & Flanigan
Super Sunday on April 26-27th. Agents held
May 1 6:00pm - 8:00pm
I urge you to participate in this evolution. We open over 30 homes in Kenmore and
Business Leaders Meeting
are at a turning point. A friend reminded me Tonawanda, as well as their own listings and
Buff/Nia - Hilton Garden Inn
that there is no difficulty that hard work and listings from other branches in KenTon. The
May 13 8:30am
focus will not overcome. Join me in a renewed streets were virtually a sea of HUNT ERA
Roch - Penfield Country Club
May 13 1:00pm
commitment to the work and focus required to Open House signs. The after-party and
Syr - Genesee Grande Hotel
participate in the promise of a new and better networking session featured a cookout for
May 14 10:00am
industrial future. the HUNT ERA agents and any agent from
Buffalo Boot Camp
a competing brokerage firms who also held
@ HUNT University
Finally, I would like to congratulate all of you Open Houses in the KenTon area.
May 19 - June 3
on being a part of an organization that has
Rochester Boot Camp
ranked 34th among Power Brokers nationwide The day was a great success according to
@ Brighton Pittsford Training Center
in terms of the number of transactions closed in Larry Beanan, an agent at the KenTon
May 21 - 30
2007, according to RISMedia (which identifies Branch who coordinated the entire event
EXP/FSBO training
and ranks America’s largest residential real es- again this year. Branch Leader, Bob Scholz,
May 29 10:00am - 12:00pm
tate brokerage companies by transaction sides stated that "Everyone participated, even the
Buffalo Staging Training
and sales volume). Collectively, we should all 7 new agents who hosted their first Open
@ Raymour & Flanigan
take pride in this remarkable achievement. House on Super Sunday!”
May 29 6:00pm - 8:00pm
