2009
“We are Denver Real Estate™”
Annual Review of Denver Real Estate
Our History Denver Market Data Web Trends Relocation Services Charity and Community
Kentwood Real Estate - A Rich History Founded in 1981, Kentwood Real Estate will celebrate its 30th Anniversary next year as one of the most trusted names in Denver real estate. Kentwood is comprised of 157 top-producing real estate professionals operating from three strategically-located offices in the metro Denver area. Our company’s brokers and management team are dedicated to superior customer service and unmatched expertise in all segments of the market. Kentwood also offers comprehensive relocation services through our affiliation with the Leading Real Estate Companies of the World. Kentwood’s marketing programs, family environment, and long-term relationships with clients are also hallmarks of our company. We enjoyed another excellent year in 2009 and look forward to surpassing previous goals in 2010. A company is only as good as its people. Striving for excellence has become a tradition with Kentwood Real Estate. It shows in the performance of every Kentwood broker associate and each member of the staff. Locally owned, with a strong and experienced support staff, Kentwood assists with every facet of a sale or purchase. The Kentwood professionals know the real estate business inside and out, and are unmatched in knowledge of the residential market in the Denver metro area. Again, a company is, after all, only as good as its people. The largest locally owned independent brokerage provides dedication, integrity and personalized service. Reputation is what a successful real estate company is all about. Kentwood carefully selects its agents, who have achieved some of the nation’s highest real estate volumes and have established a reputation as individuals of dedication, integrity, and personalized service. Every Kentwood broker associate is full-time and, as mentioned previously, averages 20 years of experience selling residential real estate. Kentwood professionals have also held numerous leadership positions in the industry, communities and neighborhoods, and are active in their local Boards of Realtors.
Our Pledge to You Kentwood Real Estate is dedicated to the legacy of being “Colorado’s Premier Real Estate Company” through the highest producing, most knowledgeable, caring and experienced sales team in the country, offering the highest quality customer service experience. We are innovators seeking unparalleled marketing and superior Internet technology for our clients.
Our History
Clock Tower Downtown - Denver, Colorado
2009 Market Share - Denver Metro Single Family Residential - $500 and above 250
250
200
200 150
Total Sales
Total Sales Total Sales
200 250
150
100
14.3% 14.3% 220 12.3% 220 12.3% 14.3% 188 188 220
10.7% 10.7% 164 164
12.3%
150
10.7%
188
164 100
100
50
50
50
1.9% 1.9% 1.9%
1.4% 1.4% 2222
29 29
1.4% 1.4% 2222
1.4% 1.4% 0 Companies Fuller Sotheby’s Keller Williams Herman Herman Group 29 PerryPerry KentwoodKentwood Companies ColdwellColdwell BankerBanker Fuller Sotheby’s and and 22 Keller Williams Group 22 (3 Offices) (13 Offices) (13 Offices) (4 Offices) (4 Offices) Company (3 Offices) Company
0 0
Kentwood Companies Coldwell Banker
Fuller Sotheby’s
SOURCE: Denver MLS 2009 Sold Reports Exclude: Boulder, Evergreen, Jeffco SOURCE: Denver 2009 Sold Reports Exclude: Boulder, Evergreen, Jeffco(4 Offices) (3 MLS Offices) (13 Offices)
Perry and Company
Keller Williams
Herman Group
SOURCE: Denver MLS 2009 Sold Reports Exclude: Boulder, Evergreen, Jeffco
2009 Market Share - Denver Metro Single Family Residential - $1Million and above 80
80
80
70
70
70
60
Total Sales
Total Sales Total Sales
60 60
50
24.8% 24.8% 22.5% 65 22.5% 22.5% 65 65 59 5959
24.8%
50 50
14.1%
40
12.6% 37 12.6%12.6% 37 37 33 33 33
30 20
20
20
4.2%
10
10
10
11
0
0
0
48
14.1% 14.1%
40 40 30 30
18.3%
Kentwood Companies
Fuller Sotheby's
Re/Max
Coldwell Banker
4.2% 4.2% 11 3.4% 9 11 Metro Brokers
18.3% 18.3% 48 48
3.4% 3.4% 9 9
Perry and Company Other Firms Other Firms (31 Companies) (31 Companies) Perry and Company Other Firms (31 Companies)
Kentwood Companies Fuller Sotheby's Re/Max Coldwell Banker Metro Brokers Perry and Company (3 Offices) (3 Offices) (4 Offices) (4 Offices) (48 Offices) (48 Offices) (13 Offices) (13 Offices) (27 Offices) (27 Offices)
Kentwood Companies Fuller Sotheby's Re/Max MLS 2009 SoldBoulder, Reports Exclude: Jeffco Boulder, Evergreen, Jeffco (48 Offices) (3 SOURCE: Offices) (4 Offices) SOURCE: Denver MLS 2009Denver Sold Reports Exclude: Evergreen,
Coldwell Banker (13 Offices)
Metro Brokers (27 Offices)
SOURCE: Denver MLS 2009 Sold Reports Exclude: Boulder, Evergreen, Jeffco
2009 Market Share - DSE, DTD, SSE, SSC Condos - $500 and above 100
100
100 80
87
80 28.4%
87
87
80
60
28.4% 28.4%
16.3%
60
50
60
40
16.3%14.7%
16.3% 50
40
14.7%
11.8%
45
11.8%9.5% 14.7%45 36 36 11.8% 29 45
50 4020 20
20 0
36
6.5% 7.8% 2420 7.8%
29 24 9.5%
29 Kentwood Companies 0 (3 Offices)
Re/Max (48 Offices)
Other Firms ( 31 Companies)
Kentwood Companies Re/Max (48 Offices) SOURCE: Denver MLS 2009(3 SoldOffices) Reports Exclude: Boulder, Evergreen, Jeffco
0
9.5%7.8%
Other Firms ( 31 Companies)
SOURCE: Denver MLS 2009 Sold Reports Exclude: Boulder, Evergreen, Jeffco
Kentwood Companies (3 Offices)
Re/Max (48 Offices)
Denver Market Data
Coldwell Banker (13 Offices)
Other Firms ( 31 Companies)
SOURCE: Denver MLS 2009 Sold Reports Exclude: Boulder, Evergreen, Jeffco
Fuller Sotheby's (4 Offices)
Metro Brokers (27 Offices)
Coldwell Banker Fuller Sotheby's (13 Offices) (4 Offices)
Coldwell Banker (13 Offices)
Fuller Sotheby's (4 Offices)
6.5%
3.6%
24Keller Williams (1300 Agents)
Metro Brokers (27 Offices)
Metro Brokers (27 Offices)
1.3% 3.6%
20 6.5% 11
20
Herman Group (1200 Agents)
Keller Williams (1300 Agents)
Keller Williams (1300 Agents)
11
1.3%
4
Perry and Company 3.6%
Herman Group 11Agents) (1200
Herman Group (1200 Agents)
4
1.3% Perry and Company 4
Perry and Company
Washington Park - Denver, Colorado
Our Agents are the Best in Class Sales Growth - Kentwood Real Estate Consolidated Sales Volume $1,500,000,000
$1,000,000,000 900000000 $1,500,000,000
600000000
$1,000,000,000 900000000
300000000 600000000
0
300000000
0
2000
2000
2002
2002
2003
2003
2004
2004
2005
2005
2006
2006
2007
2007
2008
2008
2009
2009
Sales 2008/2009 - Volume Per Agent $10,000,000
$10,000,000
$8,923,474 $8,923,474
$8,000,000
$7,691,352
$8,000,000
$7,691,352
$5,740,114
$6,000,000
$5,740,114
$6,000,000
$3,919,846
$4,000,000
$4,000,000
$4,411,590 $3,668,816
$4,411,590 $3,919,846
$2,000,000
$2,602,109
$3,668,816 $1,206,339
$1,126,213
$2,602,109
$2,000,000
0 Kentwood Companies
Fuller Sotheby's
Re/Max Masters
Re/Max Alliance
Re/Max Professional/Prestige
Re/Max Southeast
Coldwell Banker
Keller Williams
Your Castle Real Estate
$807,169
Home $1,206,339
Real Estate
$1,126,213
SOURCE: 2008/09 Denver Business Journal - Book of Lists
0 Kentwood Companies
Fuller Sotheby's
Re/Max Masters
Re/Max Alliance
Re/Max Professional/Prestige
Re/Max Southeast
Coldwell Banker
Keller Williams
Your Castle Real Estate
Denver Market Data
City Park - Denver, Colorado
DenverRealEstate.com All of Kentwood’s listings can be viewed 24/7 on our award-winning website. Kentwood has deployed the most cutting edge technology in order to give our listings maximum exposure to qualified prospects on the web. All Kentwood properties are professionally photographed for both interior and exterior views and all receive a stunning Video Tour. SEO (Search Engine Optimization) A system of methods used to enhance a website’s ranking in search engines’ natural search results. This includes optimizing the on-page factors such as using relevant keywords, making sites W3C compliant, and a whole range of other techniques. SEO strategies are constantly evolving as the search engines update their algorithms.
The cornerstone of DenverRealEstate.com is our Advanced Interactive Mapping. • Display of all property listing data on the map according to the search characteristics selected by the buyer • The ability to draw custom search boundaries using the interactive ‘polygon’ search tool • Point-of-Interest Plotting, enabling the buyer to search for area shops, services and amenities such as restaurants and schools • Satellite photos of entire search areas as well as close-up “Street View” photographs of any neighborhood
Web Trends
Red Rocks Amphitheater - Morrison, Colorado
Award Winning Relocation Service Every day, Kentwood’s Relocation Department looks after the complete real estate needs of people moving to and from Denver. Its long-standing relationships have been cultivated through national relocation powerhouse Leading Real Estate Companies of the World, a 700 firm network of companies with a 170,000-broker association serving over 38 countries around the world.
From the vast expertise and helpful hands of our partners in the Leading Real Estate Companies of the World, we make certain that our clients’ moves are smooth and successful. We take pride in being a part of a nation-wide team offering service that is clearly a step above the rest. Each member of the Kentwood Relocation Service team is carefully trained in all aspects of individuals and corporate moves. We concentrate on the individual needs of each family and do all that we can to ensure that each family finds the right location and is happily settled into their new home. Kentwood’s corporate movers range in size from a handful of employees to major moves of several hundred families. Utilizing the full resources of the Kentwood Relocation Department, Kentwood Real Estate provides the expert service and support to assist Denver’s corporations and their people as they change, grow and prosper.
The Number of Top 88 U.S. Markets in which Network Affiliates were #1 in Transactions and/or Sales Volume in 2008 40
37
35 30 25
22
20 15
10
10
6
5
5 2
1
1
1
ERA
GMAC
1
0 Leading Real Estate Companies of the World
Coldwell Banker
Prudential
RE/Max
Keller Williams
Realty Executives
Century 21
Sotheby's
Giving Back to the Community Kentwood has always taken pride in being a good neighbor. Today, Kentwood Companies continues to support numerous civic and community endeavors. Every year, Kentwood and its agents demonstrate their commitment to the community by volunteering and supporting local charities. Below are a few of the many such charitable organizations.
Charitable Organizations Include: Allied Jewish Federation of Colorado Alzheimer’s Association Alzheimer’s Society American Cancer Society American Diabetes Association American Heart Foundation American Legion Anchor Center for Blind Children Anti-Defammation League (ADL) Arapahoe/Douglas Mental Health Network Archbishop Annual Campaign Art for Edison ArtReach Autism Society of Colorado Avon Walk for Breast Cancer Bear Creek High School Football Team Blue Sky Foundation Bonfils Blood Center Boy Scouts of America Boys and Girls Clubs of Colorado Bronco Wife’s Food Drive Cancer League of Colorado Cancer League of Denver Cancer Research Canterbury H.O.A. Carson Elementary Catholic Charities Central City Opera CHARG Resource Center Chatfield High School Baseball Team Children’s Hospital Coats for Colorado Cocktails for a Cause Colorado Agency for Jewish Education (CAJE) Colorado Ballet Colorado Children’s Chorale Colorado Coalition for the Homeless Colorado Veterniary Medical Foundation (via The Goethe Fund) Colorado Youth at Risk Columbine Knolls South II H.O.A. Concerts For Kids Contemporary Art Museum County Sheriffs of Co Court-Appointed Special Advocates CU Denver School of Business D.E.A. Survivors Benefit Fund Denver Art Museum Denver Botanic Gardens Denver Campus for Jewish Education Denver Center for Performing Arts Denver Dumb Friends League Denver Health
Denver Kids, Inc Denver Museum of Nature and Science Denver Rescue Mission Denver Southeast Rotary Denver Symphony Denver Zoo Diabetes Association Downtown Denver Partnership Civic Ventures Board DPS Summer Scholars East High Angel Foundation Edison Elementary PTA FCBI Annual Charity Golf Tournament Food Bank of the Rockies Fr. Woody’s Haven of Hope Friends of Edison Girl Scouts of Colorado Global Education Fund Goodwill Gameday Memories Greenwood Village Parks & Trails Commission Habitat for Humanity Heart Association Heart Fund HERZL Day School HomeSteaders of Family HomeStead Individual grant for college education Institute for International Education (IIE) Janet’s Camp Jewish Famliy Services Jewish War Veterans Junior Leage of Denver Juvenile Diabetes Research Foundation Kempe Foundation Kent Denver Kidney Association K-Life Leukemia and Lymphoma Society Lower Downtown Design Review Board Make-a-Wish Foundation Maple Star Colorado Foster Parent March of Dimes Max Fund Metro Denver Partner’s Tutoring Program Mile High Calvary Mile High Montessori MS Museum of Contemporary Art Museum of Nature & Science Namaste Hospice National Jewish Hospital National Kidney Foundation National Public Radio Planned Parenthood
Porter Hospital Project Angelheart Project Pave RMRSD Rwanda Foundation Salvation Army Save Our Youth Sense of Security Serve on Downtown Denver Housing Council Sheriffs of Colorado Special Olympics St Thomas More Catholic Church St. Mary’s Academy Susan G. Komen-Breast Cancer Susan Komen Race for the Cure Teammates For Kids-Garth Brooks Foundation The Allied Jewish Federation The Butterfly Foundation The Children’s Hospital The Delores Project The Democratic National Party The Denver Film Society The Gordian Fund The Kempe Foundation The Leukemia and Lymphoma Society The MACC (Mizel Arts and Culture Center) The Pink Ribbon Foundation The Sanctuary Center The Women’s Foundation of Colorado Theodore Roosevelt Medora Foundation Therapy Dogs International UNICEF University of Co Hospital Foundation University of Colorado Foundation University of Notre Dame Alumnae Association Urban Peak Ute Meadows Elementary School PTA Veterans of Foreign Wars Volunteers of America Volunteers of America- MAX Fashion Show Warren Village Western Fantasy Whiz kids Tutoring Wings over the Rockies Women for Women International Women’s Foundation of Colorado Women’s Global Empowerment Fund Woodbourne Wave Swim Team Y2 Ski Club Yellowstone Foundation Young Life
Kentwood Offices are Centrally Located The offices of Kentwood Real Estate are strategically located in the Denver Tech Center, the Cherry Creek area and in lower downtown Denver (the latter known to locals as LoDo). Kentwood Real Estate provides broad-based services to communities throughout the Denver Metropolitan area. Responding to corporate moves is one of our strong suits. Kentwood Real Estate is a leader in assisting relocating corporate employees. A premier member of the relocation powerhouse, Leading Real Estate Companies of the World, Kentwood has helped thousands of families move to and from Denver.
The Kentwood Company 5690 DTC Boulevard #600W Greenwood Village, Colorado 80111 303-773-3399 | 800-723-7653
Kentwood at Cherry Creek 44 Cook Street 9th Floor Denver, Colorado 80206 303-331-1400 | 877-279-1535
Kentwood City Properties 17th & Wynkoop Denver, Colorado 80202 303-820-CITY (2489) | 1-800-291-2489
“We are Denver Real Estate™” Visit us online…
www.DenverRealEstate.com
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