MONMOUTH COUNTY SINGLE FAMILY HOME SALES IN TRANSITION | Local Broker releases 3rd Quarter Market Report

Shrewsbury, NJ, October 29, 2019. –  Monmouth County sales results were mixed for third quarter according to one local luxury broker, Resources Real Estate, who just released The Resources Report, its quarterly assessment of local market activity, showing 3rd quarter single-family sales roughly evenly split: half of surveyed towns showed the same or increased sales year to date relative to a year ago and half with fewer home sales.

“At this point in the year, we should have a clearer picture of the trends of 2019 as well as for 1st quarter 2020,” said Thomas McCormack, Resources’ Senior Partner and Broker. “But not only are we seeing a lack of clarity relative to sales, we’re also seeing a less than clear picture regarding prices with increases and decreases year to date, evenly split. It appears the market may be shifting — across all price points.”

While some area towns have experienced significant gains — such as Fair Haven with an almost 22% jump in unit sales — many others are experiencing double digit decreases in single-family sales including Monmouth Beach with an overall 34% drop. Many of the sales increases were a result of 3rd quarter activity, in some cases making up for lackluster sales for the first half of the year.

“Perhaps most interestingly, right now available inventory is up in ⅔ of the surveyed towns, as well as county-wide,” said McCormack. “This is a distinct divergence from national market trends where inventories are still reportedly down significantly, driving prices higher.”

The company has been reporting on the local market for over 10 years, consistently providing the public with an objective market perspective.

“We believe it is important to provide insight about our market and to provide accurate information to our clients,” said McCormack. “However transitional it may seem, we remain confident in this market. We are still closing significant sales at Resources. Although there have been fewer single-family units sold this year, we’ve experienced an increase in dollar volume sales — almost 47% higher compared with a year ago.”

McCormack was quick to add that while such impressive sales figures could be in part a reflection of rising prices, it’s most certainly a testament to Resources’ agents ability to close transactions across all price points including sales in the higher-end home sector which has been experiencing greater challenges than the rest of the market.

The Resources Report is available for viewing on the company’s website at resourcesrealestate.com.

The firm has been recognized for its sales growth and marketing prowess including, most recently, receiving an award for Best Video Marketing from Who’s Who in Luxury Real Estate in September 2019. Resources Real Estate has been recognized by Inc. Magazine for one of the fastest growing private companies in the U.S. for three consecutive years, as well as by NJBiz250 in the state, and was designated a Top Workplace for 2019 by NJ.com.

Resources Real Estate’s Clients Acknowledge a Job Well Done | 11/5/19

Shrewsbury, NJ, October 30, 2019 — Resources Real Estate announced a record number of client commendations were received by the company in September acknowledging the superior service of their agents and staff. The testimonials were first published at the company’s Shrewsbury sales office during a company-wide meeting on October 9th that also acknowledged recent sales achievements.

“We continually solicit feedback from our clients and are always heartened by the positive response to our service,” said Thomas McCormack, Senior Partner and Broker. “It’s wonderful for all of us to hear how the work we do changes lives for the better and to receive so many in one month was exciting.”

Allison Gregory, sales associate in the Shrewsbury office, was named Agent of the Month for the 6th time this year. This award recognizes an agent for top sales success in the previous month, including new listings, recent contracts and sold transactions.

Mary Lynn Hughes, broker associate in the Atlantic Highlands office, was named Top Listing Agent for securing the greatest number of residential listings.

Broker associate Deborah Toledano (Shrewsbury) was awarded Commercial Agent of the Month.

Joyce Diamond, sales associate (Atlantic Highlands), received the Perseverance Award, an honor presented to an agent who closes a transaction despite great challenges.

The Rainmaker Award was presented to sales associates Jeannette Sieh (Atlantic Highlands) and Silvia Ferreira (Rumson) an honor bestowed on a sales associate for efforts to build business in an innovative or otherwise significant way. Jeannette and Stacey’s focus on hyperlocal marketing using video and social media was heralded as a model for new business development.

Lastly, sales associates Ana DeSilva from the Shrewsbury office received the Team Spirit Award for her continued support of her colleagues.

 “We are pleased to close the third quarter with such a strong sales and service record,” said McCormack. “And we look forward to closing out the year on a powerful note.”

#resourcesrocks #resourcesproud #resourcesagentsrock

Atlantic Highlands home inventory is up! Buy now with Resources. | 10/21/19

Shrewsbury, NJ – Market Stats as of October 21, 2019 for Atlantic Highlands, NJ.

Atlantic Highlands single family home sales are up 10.9% YTD. The Median sale price is down -10.3% and new listing inventory is up 22.3! There are a lot of great new homes on the market and now is the time to buy! Sales are up, Inventory is Up – let us help you find your forever home in this stunning coastal town. Contact Resources at 732-212-0440 or drop in to our Atlantic Highlands office today!
#resourcesrocks #resourcesproud #resourcesagentsrock #atlantichighlands

Resources Real Estate Recognized for Best Video Marketing | 10/16/19

Shrewsbury, NJ. October 15, 2019:  Resources Real Estate was an award winner at the 24th Annual Who’s Who in Luxury Real Estate Fall Conference for Best Video Marketing at the organization’s international gathering held on September 27th in Washington D.C.  The distinguished annual event brings together top real estate professionals, industry leaders and accomplished speakers from around the world to connect, share and discuss the latest trends in the luxury real estate industry.

“The Best Video Marketing honor is awarded to the member that best employs video to strategically market or brand their company, community and/or listings,” said Meghan Barry, President of Who’s Who in Luxury Real Estate (LRE). Resources Real Estate’s entry was cited for it’s “Live Like a Local” campaign which promotes local business and well-kept secrets of local communities.

“Video has become more and more important in real estate marketing and we have made it a major focus,” said Thomas McCormack, Senior Partner and Broker of Resources Real Estate, who received the award along with business partner, Robert Diakon. “We use video on multiple platforms with varied goals including property promotion, agent marketing, and lifestyle and local community promotion and we are greatly honored to have received this recognition.”

Resources Real Estate, nominated in 5 categories including Best Brand Integration, Best Video Marketing, Best Overall Marketing Package, Most Innovative Marketing Technique and Outstanding Social Media Savvy, is no stranger to the red carpet. In years past, the company has won for Most Innovative Marketing and Best Overall Marketing at LRE, as well as other industry awards.

Who’s Who in Luxury Real Estate is a global network of select luxury real estate brokers—more than 130,000 professionals with properties in more than 70 countries, who collectively sell in excess of $190 billion annually. This year’s winners were announced at a gala dinner at the Fairmont Washington, D.C. Georgetown and livestreamed around the world.

“We have been a member of LRE for over 10 years and the relationships we have built with brokers from around the globe have been an important component of our marketing plan for luxury properties,” said McCormack. “Having personal relationships with top agents from Europe, Australia, Canada, Central America as well as the U.S. allows us to provide top services for our clients. And being recognized among such prestigious peers is significant.”

Resources Real Estate Named to NJBiz250 for 3rd Consecutive Year | 10/15/19

Shrewsbury, NJ, October 15, 2019 – Resources Real Estate has earned a place on the list of Top 250 Privately-Owned Companies in New Jersey for 2019 by NJBiz. This is the third consecutive year that the company has been included on this list which ranks NJ-based private companies by global revenue.

“Being listed once again on NJBiz’s Top 250 Privately-Owned Companies is a true validation for us,” said Thomas McCormack, Senior Partner and Broker of Resources Real Estate. “This list includes the most successful and innovative private companies in New Jersey and to be included three years in a row demonstrates Resources Real Estate’s growth and market presence.”
Resources Real Estate is no stranger to awards. In addition to NJBiz, the company has been named for multiple years to the Inc. 5000 list of top private companies in the U.S. as well as having been recognized as a Top Workplace and winning numerous marketing awards from Who’s Who in Luxury Real Estate.

“Our success is due to our strong residential sales and expanding commercial division,” said McCormack “which I believe is a result of our superior agent training and award-winning marketing. We are proud to be among NJ’s elite private companies.”

About NJBiz:
NJBIZ, New Jersey’s leading business journal, produces a weekly print edition as well as 24/7 business news coverage through its NJBIZ.com is well-known throughout the state for its events honoring New Jersey’s top business professionals.

About Resources Real Estate:

Resources Real Estate is Monmouth County NJ’s premier independent brokerage serving both residential and commercial clients with an exceptional standard of professionalism and service, state-of-the-art technology and in-depth market knowledge. With over 90 sales associates and support staff, Resources Real Estate services Monmouth, Ocean and Middlesex counties and maintains strong referral relationships with brokers throughout the U.S. and internationally.  Resources Real Estate has offices in Rumson, Atlantic Highlands and Shrewsbury, NJ. Resources Real Estate has been recognized by Who’s Who in Luxury Real Estate, The Board of Regents of Luxury Real Estate, Inc. 5000, NJBiz 250, are members of the Forbes Real Estate Council and was named a Top Workplace for 2019 by NJ.com. www.resourcesrealestate.com

Resources Real Estate’s Thomas McCormack and Robert Diakon to attend this year’s Who’s Who in Luxury Real Estate as Exclusive Members of the Board of Regents. | 9/5/19

Resources Real Estate’s Thomas McCormack and Robert Diakon to attend this year’s Who’s Who in Luxury Real Estate as Exclusive Members of the Board of Regents.

August 29, 2019. Shrewsbury:  Senior Partner and Broker Thomas McCormack and Partner Robert Diakon of Resources Real Estate will be attending the annual Who’s Who in Luxury Real Estate in Washington DC this Fall as Exclusive Members of the Board of Regents.

The Board of Regents is an exclusive global network of the worlds’ most elite luxury real estate professionals. It is the evolution of the Board of Governors, the leadership body that determines the direction of Who’s Who in Luxury Real Estate since 1986. Each Regent represents a defined territory, serving as a leading authority in their designated region. McCormack and Diakon represent the Central New Jersey region and have been Members of the Board of Regents for over 3 years.

Both McCormack and Diakon, along with other Regents members meet prior to each annual event to share insight into the luxury market as well as marketing and technology solutions.

“The true advantage of membership in the Board of Regents is its exclusive membership,” said McCormack. “This allows brokers to share proprietary information openly without concern about direct competitors. We learn best practices from the absolute top luxury brokers from around the world. We have used such information to our competitive advantage as we have frequently been the first to implement new technology and marketing to our marketplace.”

Resources Real Estate has been a member of the Who’s Who network for 15 years and their role has evolved over time. Upon opening their Shrewsbury office, the Resources sales team was thrilled to be welcomed with personalized videos from luxury agents from across the globe — Milan, Costa Rica, Barcelona, Carribean, NYC  — agents with whom McCormack and Diakon share a personal relationship — all of whom are members of the Who’s Who network.

Among other events at the fall conference is the presentation of the organization’s annual awards given for achievement in sales and marketing of luxury properties. Resources Real Estate has been a multiple recipient of these awards from past conferences including Most Innovative Marketing Technique, Best Overall Marketing Package, and Company Spirit Award. The company is nominated in five categories for the 2019 awards.

This year’s conference will feature keynote speaker, Molly Bloom, author of Molly’s Game which was adapted into a hugely successful film demonstrating how perseverance can turn setbacks into opportunities.

Mathew Ferrara will also be a keynote speaker. A distinguished philosopher, photographer, speaker and writer, Ferrara will be examining the challenges which the luxury real estate industry faces in the next generation of consumers, markets and technologies.

The Fall Conference will be taking place September 24th – September 27th, 2019 at The Fairmont, Washington, D.C.

#resourcesrocks #resourcesproud #resoucesagentsrock #LREDC

Plans for The Carolynn Ozar Diakon Foundation Announced To Promote Causes of late Local Philanthropist & Resources Real Estate Founder | 4/24/19

Shrewsbury, N.J. April 11th 2019 — Resources Real Estate and the family of the late Carolynn Ozar Diakon have announced the creation of The Carolynn Ozar Diakon Foundation, an organization to support the philanthropic interests of the company’s founder who passed in January.

The foundation, which is currently in development, will focus its support on empowering women facing life challenges of all kinds as well as promoting the legacy of the local philanthropist. It will be directed by her husband Robert Diakon, their 3 grown children Gabriel Diakon, Christopher Ozar and Brett Diakon, as well as Thomas McCormack, Broker of Resources Real Estate.

“Carolynn was a driving force in our community and an inspiration to many,” said her husband Bob Diakon. “Through the work of the foundation we wish to keep alive the values that were important to her and serve as an ongoing tribute to her memory.”

Some of the activities in the planning stages include a student scholarship provided by NJ Real Estate Prep, a real estate school co-founded by Ozar Diakon, ongoing social media outreach to promote her teaching, and fundraising events to provide financial support to some of her favorite causes.

“Carolynn served on the boards and committees of many local non-profits and supported many people in need,” said McCormack. “She was known for her creativity, her tremendous drive and a sometimes irreverent perspective that focused on results. The foundation will continue efforts on her behalf as well as help us to remember the strong and positive woman whom we loved and will miss.”

More to come…Sign up for the buzz at www.housebuzz.com.

#carolynndiakon #resourcesrocks #resourcesproud #resourcesagentsrock

Thomas McCormack and Resources Real Estate Return to Forbes Real Estate Council | 2/27/19

Thomas McCormack and Resources Real Estate Return to Forbes Real Estate Council

Invitation-Only Community for Executives in Real Estate

Shrewsbury, NJ, February 26th ,2019  — Thomas McCormack, Senior Partner of Resources Real Estate, an independent residential and commercial real estate brokerage in Monmouth County, NJ, has been once again accepted into Forbes Real Estate Council, an invitation-only community for executives in the real estate industry.

McCormack was vetted and selected by a review committee based on the depth and diversity of his experience. Criteria for acceptance include a track record of successfully impacting business growth metrics, as well as personal and professional achievements and honors.

“We are honored to once again welcome Thomas McCormack into the community,” said Scott Gerber, founder of Forbes Councils, the collective that includes Forbes Real Estate Business Council. “Our mission with Forbes Councils is to bring together proven leaders from every industry, creating a curated, social capital-driven network that helps every member grow professionally and make an even greater impact on the business world.”

As an accepted member of the Council, McCormack and his team at Resources Real Estate have access to a variety of exclusive opportunities designed to help them reach peak professional influence, connecting and collaborating with other respected leaders in a private forum. McCormack will also be invited to work with a professional editorial team to share his expert insights in original business articles on Forbes.com, and to contribute to published Q&A panels alongside other experts.

Finally, McCormack will benefit from exclusive access to vetted business service partners, membership-branded marketing collateral, and the high-touch support of the Forbes Councils member concierge team.

“Once again we are thrilled to have been invited to return to membership in Forbes Real Estate Council,” said McCormack. “The prestige of Forbes combined with the powerful community of top Realtors from across the U.S. is important to Resources continued growth and development of our referral network.”

Sign up for the buzz at http://www.housebuzz.com.

RESOURCES REAL ESTATE MOURNS THE LOSS OF COMPANY FOUNDER, CAROLYNN DIAKON | 1/30/19

RESOURCES REAL ESTATE MOURNS THE LOSS OF COMPANY FOUNDER, CAROLYNN DIAKON

SHREWSBURY, NJ  January 29, 2019:  With great sadness, Resources Real Estate announced the passing of founder and Senior Partner, Carolynn Diakon, at home among family on January 27, 2019.

Diakon created Resources Real Estate to fill a need for an independent, non-corporate, agency with a highly trained sales and support staff and top-of-the-line marketing. She opened her first location in 2000. Her focus was always on providing exceptional service to clients and hiring agents who subscribed to the highest level of professionalism, ethics and training.

Diakon’s bold, sometimes brash, out-of-of-the-box thinking yielded great results which resulted in the company’s numerous accolades including being listed on Inc. Magazine’s list of the fastest growing private companies in the U.S. — the Inc. 5000 — for three years running, as well as NJBiz250 which similarly recognizes the top private companies in New Jersey.  The company has also received multiple awards for its marketing.

Active in her local community, Diakon was a philanthropist and advocate for many causes. She worked and supported numerous local charities including Monmouth Historical Association, Mental Health Association of Monmouth County, Lunch Break and 180 Turning Lives Around and was awarded the Clara Barton Corporate Humanitarian Award by the NJ Red Cross in 2013. Diakon was a contributor to the Huffington Post and Forbes.com, a frequent recipient of the NJ Realtor Circle of Excellence award, a member of Who’s Who in Luxury Real Estate, the Board of Regents of Luxury Real Estate and the Forbes Real Estate Council.

Both of Diakon’s adult children, Christopher Ozar and Gabrielle Diakon, are currently agents with the company and have expanded the company’s business into Hudson County, NJ. Her husband, Bob Diakon, has been an active participant in the company’s activities.

Along with partner Thomas McCormack, Diakon grew the company to over 90 agents and staff with four sales locations including its new Shrewsbury office which opened last week. Diakon was always active in expanding the company and new business development. This past year the company opened a real estate school, NJ Real Estate Prep, a corporate management and marketing center and a title company, Resources Title.

“Carolynn’s passing is a tremendous loss, not just for Resources Real Estate, but for the entire real estate community,” said McCormack. “We have heard from agents across the country and around the globe expressing their grief. She had a commanding and dynamic presence that filled the room. Her passion for living life to the fullest, persevering despite obstacles and always striving for something greater has inspired many both within and outside our company to excel. And that legacy will be felt for years to come.”

 

Spring Real Estate Market is around the corner. Get your home listed with Resources today. | 1/22/19

Monmouth County single-family home monthly closings in 2018 were lowest in February, a likely indicator of slower contract sales in December and January.  The remainder of the year showed higher sales with a constant increase thru June. As such, this brief period at the beginning of the year may be the calm before the storm.

NOW is the time to get your house listed & sold. Contact our Office at 732-212-0440 / info@resourcesrealestate.com for a market analysis of your home today. Check out homes here at www.resourcesrealestate.com.

Check out the latest Resources Market Report for more details on your town: http://bit.ly/resourcesmarketreport. Sign up for the Buzz at www.housebuzz.com. #resourcesagentsrock #resourcesproud #resourcesrocks