NRT leads U.S. brokers with 348,134 transactionsNRT Inc...

Industry Watch

May 23, 1999

NRT leads U.S. brokers with 348,134 transactions

NRT Inc., which owns O'Conor, Piper and Flynn ERA, finished as the top real estate broker in the nation with 348,134 transactions in 1998, according to Real Trends, a newsletter that tracks trends in the real estate industry.

Weichart Realtors (Morris Plains, N.J.) finished second with 63,500 transactions and Long & Foster Real Estate Inc. of Fairfax, Va., was third with 59,122 transactions. Towson-based Coldwell Banker Grempler Realty Inc. was 82nd on the list.

Other area brokers listed were: Champion Realty Inc. in Severna Park (198), Century 21 H. T. Brown Real Estate Inc. in Laurel (229), Re/Max Columbia (297), Re/Max Advantage Realty in Columbia (303), Re/Max Experts in Severna Park (459) and Re/Max American Dream in Baltimore (484).

News in Brief

Long & Foster Real Estate Inc. reported a record $1.37 billion in sales on 7,422 properties in April, a 21 percent increase from last year.

The Baltimore region reported $229,361,274 in sales in April, up 14 percent from a year ago. The top five offices in the Baltimore region were: Annapolis ($21,056,856), Columbia ($18,824,185) Timonium ($18,571,728), Ellicott City ($15,038,645) and Greenspring ($13,164,159).

The Metropolitan Regional Information System, the residential database used by Realtors, reported that sales in its coverage area were up 11 percent in April compared with April 1998, with more than 9,800 homes sold. MRIS covers most of Maryland and Washington and multiple jurisdictions in Pennsylvania, Virginia and West Virginia.

O'Conor, Piper & Flynn ERA said Tracey Oates, a Realtor at its Hampstead office, was named 1998 Rookie of the Year by the Carroll County Association of Realtors.

Long & Foster Real Estate Inc. announced that it awarded 14 $1,000 scholarships to high school seniors in the region based on leadership, academic success, extracurricular activities, community involvement and financial need.

Those honored include: Sherri Barber, Pikesville High School; Gregory Bayne, Archbishop Curley High School; Carrie Black, North Carroll High School; Kenneth Allen Byrd, Woodlawn High School; Courtney Cohn, Owings Mills High School; Zeb Eckert, Gettysburg Area (Pa.) High School; Sarah Janowitz, C. Milton Wright High School; Jodi Klarman, Parkville High School; Lisa Philipose, Fallston High School; Kushal Shah, Dallastown Area High School (York, Pa.); Phillip Sherfey, Hanover (Pa.) Senior High; and Katrina Scott, Baltimore City College.

On the Move

Coldwell Banker Grempler Realty Inc. said Ronald Johnson has joined the Timonium office as a sales associate.

Coldwell Banker Grempler Realty Inc. said sales associate Ron Trzcinski joined the Perry Hall office and sales associate Maureen Manning-Kimball joined the Dundalk office.

O'Conor, Piper & Flynn ERA said Judy Curren was named sales office manager of its Frederick office; Sharon Callahan was named sales office manager of its Hampstead office; and Steve Meszaros was named sales office manager of its Mount Airy office.

Charter One Mortgage has named James H. Sterling vice president and manager of its Baltimore office.

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