Real News Briefs for 02.25.23 | Special-advertising

Eleven William Means Real Estate Agents Receive Prestigious Awards

William Means Real Estate announced that 11 of its agents have received recognition from the Charleston Trident Association of REALTORS® for outstanding sales production for the year 2022. The REALTORS® of Distinction award recognizes the top 10 percent of producing Charleston REALTORS® who met stringent requirements including sales production, education requirements and adhering to the REALTOR® Code of Ethics.







Downtown William Means Office

The Downtown William Means office is located at 25 Broad Street.




“William Means agents have incredible knowledge and understanding that you won’t find at any other brokerage in Charleston,” said Lyles Geer, President and Broker-in-Charge for William Means Real Estate. “For 90 years, our firm has offered the highest level of service and expertise to generations of Lowcountry residents and will continue to do so for years to come.”

Two William Means Real Estate Agents qualified for the Platinum category, which represents the top two percent of REALTORS® in the Charleston area. This category requires agents to have sold more than $26,600,000 in volume and/or more than 50.5 sides. Lyles Geer and Kalyn Smythe received this honor, each achieving $50M and $43M in sales, respectively.

The Gold category

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New Statistics Show High Rental Demand for 2023

The number of people currently inquiring about homes to rent has increased by roughly 23% since last year, while a recent Zoopla report highlights that rental inquiries per estate agency branch are 46% above the 5-year average.

On the other hand, the current stock of homes for rent is 38% below the average of the past five years and 4% below what it was in November 2021, highlighting the supply gap that the UK currently faces.

In many cases, this has resulted in lets being agreed upon before viewings have even taken place and instances in which potential tenants are forced to outbid each other in order to secure a place to live. Inevitably, these trends have caused a sustained increase in rental growth across the UK which peaked at 12.3% in July of last year.

The continued demand and supply imbalance, as well as an increase in rental value growth, is fueled partly by a reluctance of first-time buyers to enter the market, which stems from a number of factors including the ongoing cost of living crisis and fluctuating mortgage rates.

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go once. Go twice. Sold, by Phillip Hopper!

Phillip Hopper, 33, executive vice president of real estate, Powell Auction and Realty

40 Under 40 Class of 2022 member Phillip Hopper, executive vice president at Real Estate Powell Auction &  Realty.

40 Under 40 Class of 2022 member Phillip Hopper, executive vice president at Real Estate Powell Auction & Realty.

Phillip Hopper can create bidding wars with his auctioneering and his philanthropy, helping Powell Auction and Realty grow beyond its original asking price.

Since joining Powell after college, Hopper has made a name for himself over the past 10 years. He’s increased revenue, manages the company’s real estate work and has grown the company since becoming executive vice president of real estate.

He also has his hands in community work including a spot on the founding board of Safe Families for Children and as a member of the golf committee for the Emerald Youth Foundation.

When you reflect on your career so far, which achievement stands out the most?

When I first came to the Powell Auction, I was getting ready to graduate college with a degree in business administration and I was really interested in the auction industry. I cold called them out of the blue, and they didn’t know me from Adam. Thankfully, they gave me a shot, and what started out as basically a part-time,

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