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Showing posts with label PressReleases. Show all posts
Showing posts with label PressReleases. Show all posts

Wednesday, June 13, 2018

HUNT Property Solutions Selected to Provide Property Management Services for Aero Business Park

HUNT Property Solutions (HPS) was recently selected to provide property management services for The Aero Business Park in Buffalo, NY.
The complex includes two large office and warehouse buildings totaling 162,000 square feet. HPS services will include full property management and building maintenance services. The assignment will begin July 1, 2018.

For more information about HUNT Property Solutions, please contact bill.hibbard@huntpropsolutions.com


Wednesday, March 7, 2018

HUNT Agents Bring Home Top Honors from ERA IBC 2018

We are thrilled to report that two HUNT sales professionals and one HUNT Real Estate team were recognized for their sales achievements in 2017 at this year’s ERA’s International Business Conference (IBC), held February 19-21, 2018 at the Aria Resort & Casino in Las Vegas.
The Magguilli Team
For the third consecutive year, Larry Magguilli from our Brighton/Pittsford branch was awarded ERA’s #1 Sales Associate for Total Units Sold. Larry earned this honor by selling 465 units in 2017, besting his 2016 total of 428 units. To be named the top agent in the entire ERA Real Estate network once is an incredible accomplishment, but to earn this achievement three straight years is truly remarkable!
Jason Sokody

In addition to this recognition, two other HUNT agents were recognized at IBC.

In the Teams category, the Jason Sokody Sales Team from our Grand Island branch ranked as the #6 team within ERA for Units Sold last year.

Syed and Jason are three of the hardest working professionals in the business and we couldn’t be prouder to have them on our team,” said Peter Hunt, Chairman & CEO of HUNT Real Estate Corp.


Please join us in congratulating Larry, Syed and the Sokody Team for their outstanding achievements in 2017!

Tuesday, February 20, 2018

HUNT Real Estate Partners with Adwerx to Power Online and Social Media Advertising Strategy

Adwerx technology enables HUNT to advertise every new listing across Facebook, mobile and web, geo-targeted to a radius of potential homebuyers around the property’s street address.
HUNT Real Estate ERA, a historic real estate brokerage with 40+ offices in both New York and Arizona, today announces that it has joined the Adwerx Enterprise automated listing advertising program. The new program will power listing ads for all of HUNT’s agents throughout both states. Adwerx has helped over 100,000 real estate agents and other professionals grow their businesses through the power of digital advertising.

“We carefully vet each new technology we bring to our agents,” said Charlie Hunt, Executive Vice President and Chief Operating Officer of HUNT Real Estate ERA. “For us, Adwerx checks all the boxes, it’s easy to implement and it empowers our agents with a comprehensive digital advertising strategy that deploys automatically whenever a property is listed for sale.”

With their Adwerx partnership, every HUNT sales professional receives a dynamic digital advertising campaign spanning Facebook, mobile and the web for every property that they list. The property’s marketing campaign is geographically targeted around the home’s address and behaviorally targeted to specifically deliver to an audience of potential real estate buyers.

“HUNT Real Estate ERA has a peerless reputation in the industry and we are honored to have been selected to power their digital advertising,” said Jed Carlson, CEO of Adwerx. “Automated listings ads deliver instant reach and range to every listing that launches with HUNT.”

Adwerx has seen a rapid adoption of its automated real estate listing ads since the launch in 2017. A recent case study showed that nearly 82 percent of agents expected an increase in referrals due to the high level of seller satisfaction received when sellers saw their homes advertised on popular websites.

Wednesday, February 7, 2018

HUNT Real Estate Expands to Massachusetts

ERA Key Real Estate Services merges with HUNT Real Estate to create the only real estate brokerage to have a strong foothold along the 495 corridor and Upstate New York.

From left to right: Charlie Hunt of HUNT Real Estate Corporation, Cheryl Taylor & Bruce Taylor of Key Realty Services

HUNT Real Estate ERA, the second largest brokerage firm in the ERA® network, today announced it has joined forces with ERA Key Realty Services, which also ranks in ERA’s top ten. This merger significantly expands the reach of the combined companies, increasing options for homebuyers and sellers, especially in the Northeast.

HUNT Real Estate ERA brings to the merger its expertise and deep connections in four fast growth real estate markets in Upstate New York – Buffalo, Syracuse, Rochester and Albany, as well as Phoenix, Arizona. ERA Key Realty Services brings markets in Massachusetts - north and west of Boston, as well as Connecticut, New Hampshire and Rhode Island. The combined company will have more than 50 offices and nearly 1600 experienced affiliated agents. The offices will continue to do business under their existing trade names and local management will remain in place.

To support the continued growth and achieve the full potential of this merger, this combined organization will continue to leverage the suite of digital tools and best-in-class infrastructure provided by the ERA brand. It will also continue to build on both families’ long history and track record of serving the needs of families looking for homes at pivotal moments of their lives.

“This is an exciting day for the ERA brand network. Two of our oldest and largest brokerages coming together speaks to the strength and longevity of the ERA culture,” said Sue Yannaccone, President and Chief Executive Officer, ERA Real Estate. “We are especially pleased to see the Hunt and Taylor families join forces.”

“We have brought together two powerful real estate companies, with shared values, but with distinct regional footprints. Our family-owned companies share a focus on providing a great culture for agents, and a compelling attention to quality and trust for our customers,” said
Peter F. Hunt, CEO, HUNT Real Estate ERA.

“Joining forces with ERA Key Realty Services creates an opportunity to provide homebuyers and sellers access to a wider range of options. With this stellar combination, HUNT and ERA Key are setting the benchmark for how to grow while maintaining the highest standards of service,” said Charles F. Hunt, Executive Vice President and Chief Operating Officer, HUNT Real Estate ERA.

“HUNT’s outstanding reputation and success in the ERA Real Estate network makes them a perfect match for our clients and helps fulfill our desire to expand our impact,” said Cheryl Eidinger-Taylor, President, ERA Key Realty Services.

“Family is important to us and it’s important to our customers. We are thrilled to be partnering with another major family-owned brokerage, and we are proud to share a long partnership as part of the ERA family,” said Bruce Taylor, founder of ERA Key Realty Services.

Tuesday, February 6, 2018

Engineered Facility Solutions and HUNT Real Estate Corp. announce merger to form HUNT Property Solutions, LLC

Engineered Facility Solutions (EFS) has merged with HUNT Real Estate Corp. to form HUNT Property Solutions, LLC (HPS).

EFS, a leader in commercial, industrial, retail, and healthcare property management services was formed by William (Bill) Hibbard in 2005. The company grew substantially to provide property management and building maintenance services to clients across the United States and Canada, including: Quebecor Printing, Quad Graphics, Bristol-Myers Squibb, Stryker Medical, Hero Beech-Nut, and Silgan Plastics. EFS clients in Buffalo, New York include Calspan Business Park, Dent Tower, PostMedia, Grand Island Plaza, and the Darwin Martin House, among others. EFS is ranked #14 on the Buffalo Business First list of Largest Property Management Companies, and was named the M&T Bank Small Business of the Year in 2014. Following the merger, the combined square footage locally under HPS management will be approximately 1.8 million square feet and growing.

The new company will focus on acquiring new properties where HPS can bring added value to the building ownership, as well as the tenants. The combination of the individual strengths of EFS and HUNT will allow HPS to reduce building expenses, increase tenancy rates, and manage the overall valuation of the property.

“The benefits to both companies are immediate, with potential for growth in Western New York and across New York State,” explained Bill Hibbard, who will remain as President of the new entity.

HUNT brings a significant portfolio of properties owned by the Hunt family, as well as a salesforce of over 1,200 licensed salespeople, who can drive properties to the company and work to increase tenancy rates in any building under management.

The unique approach developed by EFS to property management is what enticed HUNT to join forces. Through a proprietary building condition assessment and planning system, EFS has been successful at reducing the cost to operate a property, while increasing profits to the owner. With the addition of HUNT, building owners will now benefit from in-house leasing representation and property management services.

“With the creation of HUNT Property Solutions, we have added a new layer of service that we can offer our customers and clients that we have not had before,” said Charles Hunt, Executive Vice President and Chief Operating Office for HUNT Real Estate Corp and Chief Operating Officer for HUNT Property Solutions. “Bill brings a wealth of knowledge through his many years of experience in property management, energy management and building maintenance services. That skill set will be the foundation HPS is built on,” said Hunt.

Wednesday, January 31, 2018

Rochester Home Prices Reach New Peak in 2017

Inventories Critically Low

Home prices in the Rochester market reached a new annual peak price in 2017, rising to an average of $102,482, up 8.5 percent from 2016 and higher than peak prices attained during the housing boom ten years ago. Though prices slumped during the holiday season, falling to $101,468 in the fourth quarter, a strong spring and summer sales season set the pace for the new peak annual price.
Rising prices were helped by critically low inventories of homes for sale in the Rochester market. Supplies of active listings fell from 874 in December 2017 to just 442 listings in the fourth quarter. Inventories trailed 2016 by 45 percent and was about a third of the size of active listings in December 2015, according to the HUNT Real Estate ERA Market Report.
Demand was modest throughout 2017, and sales ended the year less than 1 percent higher than in 2016. Homes sold much more slowly in the fourth quarter as temperatures dropped. As demand slowed, the time it took to sell a home in the Rochester market increased to an average of 56 days.
Sales improved in the fourth quarter as sellers became more willing to negotiate on price.  Sellers’ ratio of list to sale price fell from over 100 percent in September to 93.5 percent in December. The stronger sales that resulted pushed fourth quarter sales 7 percent higher in 2017 than they were in 2016. 
“Rochester’s prices are reaching new peaks as demand grows. Though supplies are low, buyers can find bargains in today’s market. In 2018, sellers will find conditions to be ideal as prices are expected to continue to rise during the the year,” said Peter F. Hunt, Chairman and CEO of HUNT Real Estate Corporation.


Rochester home prices reached a new peak in 2017.


Source: NYSMLS Matrix

The HUNT Market Report is a quarterly analysis of real estate trends in Western New York designed to help real estate consumers keep up with local market trends. Reports are based on HUNT Real Estate’s analysis of multiple listing service data.

Syracuse Home Prices Reach Ten-Year Peak


Home Sales Rose 8.5 Percent in 2017

Annual home prices in the Syracuse market reached a peak of $81,400 and a median price of $81,128 in 2017, an increase of 8.5 percent over 2016 and the highest annual prices for the market since the housing boom a decade ago. Sales in the market rose 12.6 percent over 2016 in the fourth quarter as motivated buyers and sellers closed more homes than any other time of the year and 12 percent more than the second quarter, traditionally the hottest time of the year for home sales.

Healthy demand coupled with fewer homes for sale helped prices rise faster than usual. Sales in the fourth quarter were 20.6 percent greater than the fourth quarter of 2016. As cold weather and the holiday season slowed slowed the pace of home sales in November and December, the median time it took to sell a home in Syracuse increased from 15 days in September to 25 days in December. Homes still sold faster than a year ago at the same time, when the median time to sell a home was 45 days.
A drought of homes for sale throughout the year reflected the national decline in real estate inventories. By the end of the fourth quarter, active listings fell 47 percent below supplies compared to 2016 as fewer owners listed their properties in the final months of the year. The 409 active listings for sale at the end of the year resulted in the the smallest monthly inventory in the Syracuse market since September 2010.
In Monroe County, sales fell less than 1 percent while prices fell only 2.2 percent over the course of 2017, ending the year at a median price of $132,500.  Inventories in the county fell 42 percent compared to 2016. Demand was not strong enough to push prices over last year’s median. 
“Syracuse and Monroe County as a whole have become one of the best markets for housing bargains in the nation. Even though inventories are down, sales and prices are in good shape. Stable prices should motivate owners to list their homes next spring. For buyers, Syracuse is a very affordable market,” said Peter F. Hunt, Chairman and CEO of HUNT Real Estate Corporation.
Syracuse Inventories of Homes for Sale, 2017 
Source: NYSMLS Matrix 
The HUNT Market Report is a quarterly analysis of real estate trends in Central New York designed to help real estate consumers keep up with local market trends. Reports are based on HUNT Real Estate’s analysis of multiple listing service data. 

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