Local Realtors Hit the One Billion Dollar Mark

October 29, 2010

Who says the local real estate market is suffering? On the contrary, at Carmel Realty Company business is expanding rather than contracting.

FOR IMMEDIATE RELEASE

News Release

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Shelly Lynch

Owner, Carmel Realty Company

(831) 277-8044

Local REALTOR®s Hit the One Billion Dollar Mark

CARMEL-BY-THE-SEA, Calif. - On Wednesday, Sept. 22, Who's Who in Luxury Real Estate, a global network of luxury real estate brokers, presented its Billionaires Club Award to local real estate agents Bill and Vicki Mitchell of Carmel Realty. This award is given to individuals who have sold at least $1 billion in real estate throughout their career.

Bill and Vicki Mitchell, a husband and wife real estate team, have been working in luxury real estate on the Monterey Peninsula for over 20 years. Before that, Bill Mitchell worked in commercial real estate for 15 years and Vicki Mitchell was involved in the high-end markets of Atherton and Woodside. Between them they have over 77 years of real estate experience.

"It's a challenging market right now, but we're doing well," says Vicki Mitchell. "We've worked hard over the years and developed life-long relationships with many of our clients."

Asked how they managed to reach the $1 billion mark Bill Mitchell says, "The people we have the opportunity to work with really keep it interesting to me. Some things have changed over the years. For example, the Internet has transformed our business. Today 80% of buyers do initial research on the web. But, while business has morphed technologically, it's still all about people and relationships. And that drills down to market knowledge, trust and integrity."

Bill Mitchell graduated from the United States Air Force Academy, and received an MBA from Stanford University. Vicki Mitchell received her BA from San Jose State University.

About Carmel Realty:

Established in 1913, Carmel Realty Company is the oldest real estate firm on the Monterey Peninsula. Carmel Realty has attracted a number of the market's most successful realtors who bring global reach and experience to this unique destination community. The company focuses exclusively on high-end real estate, representing buyers and sellers typically transacting in the $2 to $20M dollar range. In addition to brokerage service, Carmel Realty is the market leader in luxury vacation rentals in Carmel-by-the Sea and Pebble Beach, managing an extraordinary portfolio of short and long-term rental homes and offering full-service luxury real estate capabilities no other firm can match. This independent, family-run business has flourished for nearly 100 years with a proven commitment to quality of service, integrity and local knowledge.  The company leverages the personal insight and skill of its agents with industry-leading technology and a world-class marketing team. The company's 20+ agents operate out of a showroom gallery on Ocean Ave in Carmel, with two more offices located in the heart of Carmel and a fourth in Carmel Valley. Get to know the Carmel Realty team at our team blog or visit our website.


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