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Blog Archives: January 2017 — December 2017

Paying It Forward: A Culture of Giving at Keller Williams

December 21, 2017
Street after street of hollowed-out homes. Sidewalks piled high with debris. Ovens and shoes and electronics and books—all the private pieces of a life—were gathered on lawns waiting to be hauled to the dump.   Keller Williams agents found themselves in this scene while volunteering in the aftermath of Hurricane Harvey. Michael Minson, Partner at Keller Williams San Francisco and Owner/Senior Listing Specialist of Level Up Group SF, was one of them. “It was like a war zone,” Michael said. “It was tragic but spirits were high and the sense ...

#FogCityFlash Holiday Edition - Building Client Relationships with Eddie O'Sullivan

December 21, 2017
We're proud to present a brand new holiday episode of #FogCityFlash, a monthly video series giving you an inside look at San Francisco real estate! Each month, we'll highlight some of the city's top agents, as they offer insights and tips on everything from goal setting and lead generation to branding, social media, and community outreach.    Your host, Wendy Davis, CEO and Team Leader of Keller Williams San Francisco, brings her passion for coaching, training, and professional development to #FogCityFlash, exploring how local agents have ...

Keller Williams Realty: The #1 Happiest Company to Work For In 2018

December 05, 2017
CareerBliss just published its eighth annual list of the happiest companies to work for in America, and we're honored that Keller Williams Realty snagged the number one spot for 2018! The careers site surveyed tens of thousands of employees at companies throughout the US, asking them to rate their employers based on criteria like workplace environment, growth opportunities, company culture, management, and more. Our agents in San Francisco aren't surprised by the number one rating--they know that our culture of support for one another, ...

San Francisco Real Estate Market Report, November 2017

November 21, 2017
The Swiss bank UBS published its Global Real Estate Bubble Index recently, stating that San Francisco is the most overvalued real estate market in the US. Their analysis focused on the rise of home prices in San Francisco compared to the rise in median incomes. Their report stated that home prices have risen 65% since 2012 while the average income has risen only 10%. While they are, essentially, correct about the rise in the housing prices (taking both single family and condo prices into account), they are off on the income rise. Per the US ...

Success By The Numbers: Agent Growth at Keller Williams San Francisco

November 08, 2017
While Keller Williams Realty International continues to outpace the real estate industry as a whole, posting increases in total agent count, closed transactions, sales volume, owner profit, and profit share, Keller Williams San Francisco is following suit. Several of our agents posted HUGE increases in sales volume over the past year, so we want to congratulate them on their hard work and success. By following the Keller Williams business model, attending our trainings, regularly meeting with our coaches, and of course, putting in the hard ...

Introducing #FogCityFlash, An Inside Looks at San Francisco Real Estate

November 01, 2017
We're proud to present our brand new monthly video series, #FogCityFlash, giving you an inside look at San Francisco real estate! Each month, we'll highlight some of the city's top agents, as they offer insights and tips on everything from goal setting and lead generation to branding, social media, and community outreach.    Your host, Wendy Davis, CEO and Team Leader of Keller Williams San Francisco, brings her passion for coaching, training, and professional development to #FogCityFlash, exploring how local agents have found success and ...

Keller Williams San Francisco announces grand opening celebration of its California Street office

October 23, 2017
SAN FRANCISCO, CA (PRWEB) OCTOBER 17, 2017 Keller Williams San Francisco, one of the city’s fastest growing real estate brokerages, has announced the Nov. 3 grand opening of its state-of-the-art California Street office. After several months of renovation, the historic building, located on California Street between Polk and Van Ness, is ready for its official unveiling. To mark the grand opening of the franchise’s newest San Francisco office, the company will host a ribbon cutting ceremony on Friday, Nov. 3, followed by a celebration ...

San Francisco Real Estate Market Report, October 2017

October 18, 2017
Single Family Homes: September’s median sales price continued its predictable seasonal backing off from its Spring peak in May of $1,475,000, off by 8.5% to $1,350,000. Prices are still up 10.9% above September, 2016. Inventory is up from August’s 1.9 months to 2.1 months. The number of new listings on the market year-to-date is down 7% from 2016 while the number of sales is up 2.6%. The incredibly tight supply coupled with strong demand kept the level of overbids high as well, up to 115.6%, higher than last September’s 108%. 86.3% ...

San Francisco Real Estate Market Report, September, 2017

September 19, 2017
Single Family Homes: August’s median sales price continued its predictable seasonal backing off from its Spring peak, dropping 6.4% to $1,380,000 from May’s $1,475,000. However, in the same time frame last year prices dipped 7.4%. Prices are still up 10.4% above August, 2016. Since August, 2012, the median sold price in San Francisco is up 81%. Inventory continues to be at its lowest level, 1.6 months, since last December. This is the ongoing result of fewer homes coming on the market while sales stay fairly constant. The number of new ...

Keller Williams Realty International Performance Report, Q2 2017

August 17, 2017
Keller Williams Realty International continues to outpace the real estate industry as a whole, posting increases in total agent count, closed transactions, sales volume, owner profit, and profit share. Check out the slideshow below to see how Keller Williams stacks up against the competition! Keller Williams Realty International Performance Report, Q2 2017 from Jonathan Banasky

San Francisco Real Estate Market Report, August, 2017

August 16, 2017
July’s median sales price for single family in San Francisco followed its seasonal backing off of its May peak, dropping to $1,431,000 from May’s $1,500,838. Single family home inventory continues to be at its lowest level, 1.6 months, since last December, and its lowest July level in a decade. This continues to be caused by fewer homes coming on the market, while sales stay fairly constant. The number of new listings on the market in 2017 is down 10% from 2016 while the number of sales is up 1.4%. The incredibly tight supply coupled with ...

Keller Williams San Francisco Announces Partnership with Real Estate Team, InvestSF

August 10, 2017
SAN FRANCISCO, CA (PRWEB) AUGUST 09, 2017 Keller Williams San Francisco has announced that it has entered into a partnership with the InvestSF real estate team to continue growth in the real estate development market. This partnership will help build the success of Keller Williams San Francisco and position the company to serve more clients and increase its market share. InvestSF, led by Suzanne Gregg, is offering a full suite of services to help clients with every real estate need. The InvestSF Team serves their clients with an ...

San Francisco Real Estate Market Report, July, 2017

July 18, 2017
June’s median sales price for single family in San Francisco backed off a bit from its all-time high in May, dropping from $1,502,675 to $1,465,989. At the same time, single family home inventory was at the lowest level, 1.6 months, for June in 10 years. This is largely due to the fact that the number of new listings on the market in 2017 is down 8.8% from 2016 while the number of sales is up 1.3%. The incredibly tight supply coupled with strong demand pushed overbids up as well, to 115%, the highest since October, 2015. Condo listings ...

San Francisco Real Estate Market Report, June, 2017

June 09, 2017
The median sales price hit an all-time high for both single family houses and condo/loft/TIC’s in May. The incredibly tight supply coupled with strong demand pushed the prices up and the overbids as well. Single family homes sold at a median overbid of 114.7%, the highest since October, 2015. Condos sold at a median of 103% of list price, the highest overbid percentage since May 2016.   The number of new single family home listings coming on the market was down sharply in April, 25.5%, and we saw that repeated again in May with a 12% ...

San Francisco Real Estate Market Report, May, 2017

May 17, 2017
San Francisco’s continued hot housing market reflects the incredibly strong full- employment economy that the Bay Area and the U.S. is experiencing. Not only is unemployment in San Francisco historically low (3.3%), but also the number of employees who are involuntarily part-time is falling and older workers are remaining in the work force longer. The impact of all of this very healthy jobs data is twofold: continued strong demand for our high-priced San Francisco housing; and fewer older workers retiring and moving out of the city. In ...

Keller Williams San Francisco Participates in Annual Volunteer Day

April 27, 2017
  San Francisco, CA—April 27, 2017— On May 11, associates at Keller Williams San Francisco will participate in RED Day, Keller Williams Realty International’s annual day of service, dedicated to renewing, energizing and donating (RED) to local communities.   As part of the RED Day effort, Keller Williams San Francisco will spend the day with Gr8er Good Games in San Francisco’s Mission District. Gr8er Good Games will lead Keller Williams San Francisco associates through their “Random Acts of Kindness” game, where teams will solve clues ...

San Francisco Real Estate Market Report, April, 2017

April 12, 2017
Looking at San Francisco’s March sales data, we continue to see median sales prices and percent of list price received that are slightly lower than 2016’s. Inventory remains exceptionally low and it continues to be a sellers market. The San Francisco economy remains very robust, but more mixed, as evidenced by a cooling in the commercial real estate leasing market, where rents dipped in 2016 and the sub-leasing market was very strong with a number of companies reducing their footprint. Also, in the tech sector, industry job reductions ...

Keller Williams San Francisco Opens New Nob Hill Office

April 04, 2017
SAN FRANCISCO, CA (PRWEB) APRIL 03, 2017 Keller Williams San Francisco announced today that it has outgrown its office in the Mission District and is relocating to a new office in Nob Hill at 1624 California Street. As the San Francisco branch of Keller Williams Realty International continues to grow following last year’s merger with Brown & Co., gaining over 110 agents within 16 months, the new office is one of three locations in San Francisco that their agents now call home. With the addition of seasoned agents who have joined Keller ...

San Francisco Real Estate Market Report, March, 2017

March 08, 2017
The San Francisco real estate market continues to experience strong buyer demand and an exceptionally low number of homes and condos for sale. The strong demand is supported by a clean sweep of positive economic indicators just posted by The Conference Board, which reported that consumer confidence is at a 15 year high, and the Leading Economic Index, CEO Confidence, Help-Wanted Online, and the Employment Trends Index all rose in February. Following the incredibly strong Snap IPO, Mulesoft, a San Francisco unicorn, filed for its IPO in ...

Meet Our New CEO / Team Leader

February 27, 2017
Our Market Center has seen some incredible growth over the past year through high-profile mergers, droves of talented agents joining our brokerage, new offices opening, and tons of innovative training events. With all this growth and excitement, the time has come for us to bring in a seasoned KW Team Leader to take the reins and guide us toward new heights in the months and years to come. Enter our brand new CEO/Team Leader, Wendy Davis! Currently the #1 recruiter in the Inland Empire area of Southern California, Wendy brings 14 years of ...

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