Bob Bennion and Bob Deville, co-owners of Windermere Real Estate Southern California, have founded one of the premiere independently owned real estate companies in Southern California. Since entering the California market in 2001, Bennion and Deville’s brokerage has become the leader in both listings and sales in the Coachella Valley and is making waves with strategic growth in the coastal markets of San Diego and Orange Counties. The blossoming brokerage is also making a name for itself nationally – and in a huge way.
For year ending 2013, Bennion and Deville’s brokerage had a total sales volume of $2.42 Billion and sold over 6,044 units, ranking 49th in sales volume and 75th in units sold, respectively, among all brokerages nationally, according to Steve Murray of REAL Trends. REAL Trends is a communications and consulting company considered to be the leading source of analysis in the real estate industry.
“We were so busy keeping our heads down, focusing on our exceptional agents and creating a superior client service experience, that we didn’t take a moment to really see how we compared outside of our Southern California markets,” says Bob Deville. “We were pleasantly surprised at how well we stacked up against all brokerages in the country, especially when taking into account the size of some of the national competition compared to our regionally-based organization. I commend everyone in our family of real estate professionals for a job well done in 2013 and in 2014, and look forward to making 2015 an even greater year.”
About Windermere Real Estate Southern California
Founded by Bob Bennion and Bob Deville in 2001, Windermere Real Estate Southern California quickly rose to prominence as the Palm Springs area market leader, consistently listing and selling more homes than any other real estate brokerage. As real estate agents themselves, “The Bobs” know what it takes for agents to successfully satisfy their clients in today’s ever-changing marketplace, providing exceptional services and support to help to make all transactions as smooth as possible. Windermere Southern California proudly serves the communities of Palm Springs, Cathedral City, Rancho Mirage, Palm Desert, Indian Wells, La Quinta, and Indio.
The Premier Properties program showcases and markets some of the Coachella Valley’s finest homes and estates, maximizing each property’s exposure and impact worldwide through exclusive international partnerships. Launched in 2014, the A+D program, or Architecture plus Design, pays tribute to the rich heritage of design, innovative vision, and iconic modern architecture born in the Coachella Valley. A+D embraces homes that have architectural or historical significance, an inherent reflection of the style or period they represent, or are originally created/designed by noted architects and designers, and thus provides a unique platform to give these one-of-a-kind homes the proper presentation they deserve.
Bennion and Deville have created an extensive network of agents, clients, and partners, the largest, top-producing network for real estate available in the Palm Springs market, leveraging the power of an invitation to the Leading Real Estate Companies of the World® and acting as the exclusive local affiliate of Luxury Portfolio International®. For the location of the Windermere Real Estate Southern California office nearest you, visit us on the web at WindermereSoCal.com or give us a call at (760) 341-4141. Follow us on Twitter and Facebook @WindermereSoCal.
Windermere Real Estate Southern California is taking part in a prestigious international real estate event February 23-25 at Wynn Las Vegas. The company will have numerous representatives and agents participating in the 2014 Luxury Portfolio SUMMIT. Luxury Portfolio SUMMIT is part of the Leading Real Estate Companies of the World® Conference Week, an event hosted by the parent company of Luxury Portfolio International®, which has drawn a record-setting attendance of 2,500 real estate professionals from nearly 20 countries.
Attendees had to qualify for attendance at Luxury Portfolio SUMMIT by proving participation in the luxury market, creating an elite audience of true luxury specialists. The event offers extensive networking opportunities where Windermere Southern California’s associates can build relationships and exchange ideas with other top associates from around the world. Educational sessions provide in-depth insights into high-end consumer preferences and luxury lifestyle and housing trends, focusing on the state of the global luxury real estate sector.
Keynote speakers include bestselling author, entrepreneur and former chief evangelist for Apple Guy Kawasaki; top-rated business author Daniel Pink; and internationally recognized graffiti artist, film maker and author Erik Wahl. Attending the conference from Windermere will be Realtors Patrick Jordan, Scott Palermo, Jim Sanak, Stewart Smith, Janine Stevens and Sven Vennan, as well as Windermere owners Bob Bennion and Bob Deville and members of the Marketing Department.
“We are thrilled to have assembled such an esteemed group of professionals, not only from our premier luxury real estate companies but also from other luxury brands who have come together to explore trends in the high-end market and ways we as luxury specialists can best meet the needs of our affluent clientele,” said Stephanie Pfeffer-Anton, executive vice president of Luxury Portfolio.
Affiliates of Luxury Portfolio (www.LuxuryPortfolio.com) provide targeted exposure for 25,000 high-end homes annually to over three million high-net-worth visitors to award-winning website www.LuxuryPortfolio.com. The site features a total inventory of available properties totaling over $44 billion, with an extensive array of offline advertising and marketing and custom analytics to connect affluent buyers and sellers.
The Palm Springs area real estate market leader, Windermere Real Estate Southern California consistently lists and sells more than any other local real estate brokerage. Founded by owners Bob Bennion and Bob Deville in 2001, Windermere Real Estate Southern California provides superior, professional real estate services to their clients in Palm Springs, Cathedral City, Rancho Mirage, Palm Desert, Indian Wells, La Quinta and Indio. Windermere’s Premier Properties program showcases and markets some of the valley’s finest homes and estates for maximum impact and worldwide exposure.
An invited member of the Leading Real Estate Companies of the World® and exclusive local affiliate of Luxury Portfolio International®, Windermere’s extensive network of agents, clients and partners is truly the largest, top-producing network for real estate available in the Palm Springs market. For the location of the Windermere Southern California Real Estate office nearest you, visit us on the web at www.WindermereSoCal.com.
Over 350 Windermere Real Estate agents from throughout Southern California gathered last week at the beautiful Rancho Las Palmas Resort in Rancho Mirage to learn more about the company history, to receive their annual legal update, and to celebrate their companies’ amazing growth and success.
As one of the most productive real estate teams in Seattle, Bob Bennion and Bob Deville knew that their agent-centric brokerage model could make a big impact in the Coachella Valley real estate market. By allowing agents greater control over their branding and marketing decisions and supplying them with remarkable office, staffing and technological tools and support, Bennion and Deville knew that agents would be able to be more flexible in dealing with market trends and while still providing their clients superior service. In 2001, Bennion & Deville Fine Homes, Inc. opened their first California real estate business as Windermere Real Estate Coachella Valley at 850 N. Palm Canyon Drive in Palm Springs. The office was originally the office and showroom for Arthur Elrod, the iconic Palm Springs interior designer. The office still maintains its distinct mid-century style with its impressive 15’ doors and the lobby’s floor-to-ceiling mineral oil waterfall.
Within 5 years, Windermere’s presence in the Coachella Valley had grown to 10 offices and 401 agents, and they launched the first of their three exclusive publications, Windermere Homes & Lifestyles. Bennion & Deville’s real estate empire continued to grow even during the years of the market’s downturn. In 2008, Windermere emerged as the local market share leader in the Coachella Valley with 545 agents working in 17 offices, including 4 on-site offices at distinguished country clubs in Rancho Mirage and Palm Desert.
Outside of the Coachella Valley, Bennion & Deville’s meteoric success attracted much attention from brokers and agents throughout Southern California. Windermere Real Estate’s agent-centric approach, reputation for ethical, professional services, and their expanding media presence were in demand from agents tired of the lack of support and local decision-making that were hampering the ability to growing their business. Bob Bennion and Bob Deville were repeatedly approached about growing their business into the coastal communities of Orange and San Diego County.
In 2011, Bennion & Deville Fine Homes SoCal established Windermere Real Estate SoCal to encompass their new coastal offices, opening 8 offices in Orange and San Diego Counties. Their focus was on South Orange County, including offices in Dana Point, Laguna Beach and Laguna Niguel while their San Diego County efforts focused on the North County communities of Carlsbad, Carmel Valley and Solana Beach and East County offices in Alpine, La Mesa and La Mesa Village. Bennion & Deville Fine Homes also rebranded their Coachella Valley offices as Windermere Real Estate Southern California, which had grown to 25 offices and 811 agents.
Windermere agents attending last week’s all agent meeting were lauded and praised for their essential role in the companies’ stunning mid-year figures. For 2013, Windermere Real Estate Southern California/SoCal agents’ sales volume totals just under $2 billion, excluding rentals and leases, with 35 offices and over 1,000 agents, including 129 referral-only agents.
“The stunning growth of our real estate enterprise is due to the combination of having the best agents in the business who receive the support they need to succeed from our incredible management, office and marketing staff,” said Bob Deville, Co-Owner and Principal. “Windermere will continue to strive and succeed based on the united team efforts of our agents and staff.”
See more pictures from the 2013 All Agent Meeting here.
Windermere Real Estate Southern California is on track for another banner year of sales. With the mid-year’s numbers in, Windermere continues to maintain its position as the local real estate market leader in both luxury homes sales and total sales volume. “Not only are we are excited about the successful sales volume for the first six months of 2013, we are already seeing signs that momentum is continuing into the second half of the year,” said Bob Deville, co-owner of Windermere Real Estate Southern California.
Windermere Real Estate Southern California posted $1,018,755,118* in total sales volume in the Coachella Valley for the first six months of 2013, well over the next two competing brokerages’ sales combined. In the luxury market alone, Windermere posted $205,935,946* in sales for the first half of the year, again exceeding the next two closest competing brokerages’ sales combined. In total sales volume alone, Windermere is outpacing their own previous record sales year of 2012 by almost $200 million in sales compared to the same time last year.
“All price ranges are, and have been, active in the Coachella Valley, and we are seeing that activity continue into the summer months,” said Bob Deville. “We are proud of our agents’ continued hard work. Truly, a real estate company is only as good as its agents, and we have the BEST.”
“Our agents now see their business as year-round and are staying, listing, and selling locally during the summer months,” said Don Rossignol, Managing Broker for Windermere Real Estate’s Rancho Mirage office. “Well-priced homes continue to receive multiple offers. Buyers understand price points are increasing so there is less hesitancy to delay buying. Our international buyers, mostly our Canadian buyers, are still looking for great deals, but they are stepping up with their offers when the right homes come along.”
“There are a number of factors that continue to push the recovery in the local real estate market,” explained Chris Anderson, Branch Manager for Windermere Real Estate’s Palm Springs South office. “The number of distressed properties and foreclosures is down between 60-70% locally which encourages the rise in home values and prices. The increase in home values and sales is encouraging greater market participation for both buyers and sellers. Our sellers, seeing their home values rise to previous levels, are emboldened to place their properties on the market, while our buyers are still able to find great values. In addition, the growing confidence of homebuilders is fueling the reboot of development work that had been put on hold.”
*Information is based on data supplied by the Desert Area MLS. The Desert Area MLS neither guarantees nor is in any way responsible for its accuracy. Data maintained by the Desert Area MLS may not reflect all real estate activity in the market.
Windermere Real Estate Southern California congratulates their outstanding agents from its 16 Coachella Valley offices for keeping Windermere the local real estate market leader through the first quarter of 2013.
“We continue to be extremely proud and thankful that our fantastic family of Windermere real estate professionals propels us to the top of the market,” said Bob Deville, co-owner of Windermere Real Estate Southern California. “At Windermere, we understand the cycles of the real estate market and plan accordingly. Thanks to the hard work of our agents and staff we’ve had a great first quarter and a strong start to 2013.”
Windermere’s closed residential sales volume for the first quarter of 2013 came in at $422,801,057 – more than its next two closest competing brokerages combined. From Palm Springs to Indio, Windermere continues to list and sell more properties and homes in every city throughout the Coachella Valley.
First quarter luxury homes sales numbers show Windermere Real Estate Southern California with a total sales volume of $80,072,000, just shy of its nearest three competing brokerages’ combined sales volumes.
“A combination of factors, including the decrease in distressed property sales, historically low mortgage rates and lower inventory, have helped boost sales prices and home values in all price points,” said Bob Deville. “The result of this equates to encouraging news for both buyers and sellers who are looking to garner the maximum value for their properties.”
“Demand continues to be high with the renewed strength of the housing market and the growing interest in the quality of lifestyle to be found in our beautiful desert cities,” said Charlie White, Managing Broker for Windermere’s Indian Wells Luxury Homes and Estates office. “As a result, our fully licensed and educated agents are assisting their sellers in negotiating multiple offers and enabling their buyers to write competitive offers.”