Tag: RI Real Estate
Residential Properties Ltd. recently announced the highest priced sale on the East Side of Providence this year, closing 430 Cole Avenue for $2.075 million. RPL was proud to represent both sides of the transaction, with Sales Associate Jim DeRentis representing the seller, as well as Kira Greene and Michael J Sweeney of Greene | Sweeney representing the buyer. To date, Residential Properties Ltd. has now listed all 13 single family homes to sell for over $1 million on The East Side this year, while also representing 25 of the 26 total transaction sides.
This modern contemporary home was designed by Urbanscape Architects, an emerging Toronto-based firm which focuses mainly on design for private residences, multi-unit residential, and commercial buildings. Led by Founder and Principal Architect Ali Malek, the award-winning firm has recently been featured in Green Building + Architecture magazine, while also having several of its projects showcased in reputable architectural publications such as Archello, Dwell and Archdaily.
The listing agent, Jim DeRentis, and the buyer’s agents, Kira Greene and Michael J Sweeney of Greene | Sweeney, were both recently named to Real Trends’ prestigious 2019 list of America’s Best Real Estate Professionals. To learn more about DeRentis, please visit his website at ThePVDRealEstateGuy.com. For more information on the Greene |Sweeney team, please visit GreeneSweeney.com.
Residential Properties Ltd would like to announce the sale of 51 Manning Street for $1,695,000, making it the highest sale on the East Side this year. RPL has now listed all seven homes to sell for over $1 million on the East Side this year, while also representing 13 of the 14 transaction sides. The listing agent for this property, Jim DeRentis, is a member of RPL’s Providence office and has now listed four of the seven East Side homes to sell for over $1 million this year.
This historic home has been incredibly converted into an immaculate 5 Bed, 6.1 bath home that boasts over 5,600 square feet of living space. The inside is filled with natural light and elegant details that meld beautifully with all of the modern amenities. Entertain in the magnificent living room or fix meals in the stunning kitchen. Garden parties are a must in the private walled yard filled with mature plantings.
Sales Associate Jim DeRentis, has been a recipient of the Circle of Sales Excellence Platinum Plus Award since 2011 when he was named Rookie of the Year. Jim has also been included on Real Trends’ list of “America’s Top Real Estate Agents”. To learn more about DeRentis and view his current listings, please visit ThePVDRealEstateGuy.com.
RISMedia, recognized as one of the real estate industry’s definitive sources for news and information, recently released the results of its 31st Annual Power Broker Report Top 500, ranking Residential Properties Ltd. among the top producing real estate companies in the entire country. RPL is the only real estate company based solely in Rhode Island to appear on the Top 500 list, coming it at #332 in the nation with $858,982,295 in total sales volume during 2018.
For the fourth consecutive year, Residential Properties Ltd. led all firms in overall Rhode Island sales transactions during 2018, as well as total sales volume – finishing over $300,000,000 ahead of the next closest competitor.[¹]
The results of the report reveal that the Top 1,000 Power Brokers earned $1,424,776,652,825 in sales volume and garnered a total of 3,881,412 transactions during 2018. However, this success did not come without its challenges. Among the top issues reported were a lack of inventory (49 percent of Power Brokers), brewing economic uncertainty (25 percent), industry disruptors (13 percent), and increasing interest rates (8 percent). Despite these challenges, companies mostly reported feeling “cautiously optimistic” about 2019, a perception held by 59 percent of Power Brokers this year, compared to 52 percent during 2018.
The RISMedia Power Broker Report is packed with interactive research charts, year-over-year data, and detailed Power Broker Profiles. Visitors can also utilize the innovative, dynamic directory to search the Top 1,000 Power Brokers by sales volume, company name, brand, and transaction rank. Each Power Broker Profile includes their 2018 sales volume and transactions, as well as comparisons to past years, their ranked status, their agent count and number of offices, and other important information.
To learn more about the RISMedia Power Broker Report and view the complete rankings, please CLICK HERE.
[¹] This statement is based in whole or in part on data supplied by the State-Wide Multiple Listing Service. The MLS does not guarantee and is not in any way responsible for its accuracy. Data maintained by the MLS may not reflect all real estate activity in the market. Based on information from Statewide Multiple Listing Service, Inc. as of May 2019.