MORRIS PLAINS, N.J. – The Weichert® Family of Companies recorded another banner year in 2005, as year-end results hit a new all-time high.
James M. Weichert, president and founder, announced that total company dollar volume grew to an unprecedented $74 billion, easily topping the record $61.5 billion posted the previous year. Weichert is the nation’s largest privately owned provider of real estate and home ownership services.
Weichert said that the robust performance was “across the board,” encompassing every company business, including residential and commercial real estate, relocation management, and financial services. He said, “Another year of historic growth for the Weichert companies reaffirms the strength of our time-tested business model – providing personalized attention and full-service one-stop shopping for customers.”
Other key accomplishments included:
§ Welcoming more than 1.2 million prospective buyers to Weichert open houses, a new company record
§ Hosting more visitors than ever before on the weichert.com website—more than 1 million visits per month—and, through Weichert’s award-winning contact center, helping visitors become homeowners at a rate five times the industry average
§ Being honored by Leading Real Estate Companies of the World® for outstanding achievement in relocation referrals
§ Opening 16 new company-owned offices and continuing to expand nationally through franchising, as Weichert Real Estate Affiliates, Inc. signed its 200th franchise office, held its first national convention in Orlando, Florida, and was recognized by Entrepreneur magazine as one of the “Top 10” new franchises for 2005
§ Seeing Weichert Financial Services continue as one of the top lenders in the U.S. and among the first to offer 40-year mortgages through Fannie Mae
§ Contributing more than $1.3 million to the American Red Cross for Hurricane Katrina relief, holding the 27th Annual Weichert Toy Drive, and applauding a Weichert sales associate on receiving the prestigious national “Good Neighbor Award” from REALTOR® Magazine
Weichert has more than 17,400 sales associates in nearly 400 company-owned and franchised sales offices in key markets throughout the U.S. A family of full-service real estate and financial services companies, Weichert helps customers buy and sell both residential and commercial real estate, and streamlines the delivery of mortgages and home and title insurance. For more information, call Weichert's customer service center at 1-800-USA-SOLD or visit Weichert's Web site, www.weichert.com. Each Weichert franchised office is independently owned and operated.