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St. Louis, MO 314.726.3174
Illinois618.222.1360

Johnson Realty of St. Louis Closes on 100th Home

St. Louis, MO -- Johnson Realty recently hit its 100th closing -- only 17 months after the sale of its first home. The company is finding success with its hybrid structure, offering full service representation without the high commissions.

Mike and Cheryl Johnson started Johnson Realty in October 2005, realizing the power of the Internet and changes in the real estate market. The company has listed nearly 300 homes and Johnson Realty has sold 100 homes valuing more than $22 million.

In 2006, Johnson Realty closed on 35 homes. In 2007, the firm is on pace to close on more than 100. This growth shows there is a demand for an alternative to traditional agents, Cheryl Johnson says.

"We've listed more than 150 homes this year, showing this concept is really catching on with customers who are looking to save money while also getting full service representation," Cheryl Johnson says. "With the ever-changing market, consumers are looking for alternatives to traditional real estate agents and commissions now more than ever."

Johnson Realty offers a $500 MLS listing plus 1/3 percent commission at closing. Traditional agents often charge 6 percent, although this is, by law, negotiable. In addition, Johnson Realty employs aggressive online and offline marketing strategies. It is one of the few St. Louis companies currently using up-and-coming technology like Zillow.com. Unlike many other companies, Johnson Realty will show clients' homes to interested buyers. Finally, Johnson Realty provides expert negotiation and representation, which Cheryl Johnson says are missing from many flat fee companies.

"We have saved over $740,000 for our customers -- averaging over 7,000 per homeowner," says Mike Johnson. "We tell our clients that their equity is real money -- and they should keep it to save or put toward their new home."

In addition to financial savings, Johnson Realty also sells faster than the average agent. The firm averages about 71 days on market, while the national average is 146 days, according to the latest news from the National Association of Realtors. The St. Louis average is about 134 days.

Johnson Realty of St. Louis was founded in 2005 to bring St. Louis an alternative to traditional and discount real estate companies. Johnson Realty is owned by Cheryl and Mike Johnson, and currently has more than $22 million in home sales. Johnson combines aggressive marketing, full-service expert representation and real financial savings to bring a better way to St. Louis sellers and buyers. For more information, visit www.johnsonstl.com or call 314-726-3174.

Contact Information:
Emily Peurrung
KolbeCo
636-379-3895 x15
emily@kolbeco.net