Senate Realty Boasts More Residential Sales East of the Anacostia River Than any Other DC Real Estate Firm

Less than Two Years Old, the Firm Has Sold Over 300 Condominiums and

Homes East of the River Totaling $50 million

    WASHINGTON, Aug. 16 /PRNewswire/ -- Less than two years old, Senate
 Realty boasts more condominium sales in the Anacostia neighborhood of
 Washington, DC than any other residential real estate firm. Since July
 2006, Senate has sold over 300 condominiums and single family homes in
 Anacostia, totaling roughly $50 million in gross sales. The company's
 innovative focus on customer service and hiring highly experienced agents
 has been the catalyst for is meteoric success in a slumping housing market.
 
     "Agents must proactively sell in today's soft real estate market and
 that's exactly what we do at Senate Realty. Our approach to selling
 emphasizes outstanding service delivered from highly educated agents, which
 is why Senate has been able break sales records in Southeast DC," said Lisa
 Williams, principal broker, Senate Realty Corporation. "Since our
 inception, the company's goal has been to build a team of well trained
 agents, who are energetic and focused on meeting the customer's needs every
 time," added Williams.
 
     To date Senate Realty has managed sales for 17 condominium conversion
 projects in DC, Maryland and Virginia. The company's condominium projects
 and home sales, which contributed to its record breaking sales in
 Anacostia, are: Brandywine Crossing, Highland View, Christopher
 Condominiums, the Hartford Square, Pelegrino and miscellaneous sales,
 including single family homes. The average price of these properties
 combined was $195,000.
 
     According to new data from the Metropolitan Regional Information
 Systems, condominium sales in DC are rising. The new report, which analyzed
 housing trends in the DC and Baltimore area, found the number of condos for
 sale dropped 20% regionally since June 2006. In DC there were 6% fewer
 condos available than a year ago.
 
     In 2005 brother and sister, James Williams and Lisa Williams, founded
 Senate Realty because they felt many real estate firms in the area lacked
 customer service. Cher Castillo, a seasoned investor in the DC real estate
 market, also joined Senate as a principle. Having worked at other firms,
 the three set out to change the image of real estate companies, by creating
 a team of handpicked agents with a wide range of professional and
 educational experience dedicated to quality service.
 
     Senate Realty is very selective in its hiring process and primarily
 recruits full time college educated agents. In fact, 90% of its agents have
 undergraduate degrees while 30% of its agents hold Master degrees. The
 company's team oriented approach, which includes a mandatory training
 program, group outings and happy hours, has led to a high employee
 retention rate. Compared to other more established firms, Senate also
 offers agents a higher commission structure with incentives based on
 production.
 
     The company's team approach to selling explains why Senate has a mere
 10% attrition rate compared to industry wide attrition rates that often
 exceed 40%. Having grown from 0-50 plus agents in less than two years,
 Senate is confident that its methodology for hiring and selling will
 continue to break sales records in DC, Maryland and Virginia.
 
     About Senate Realty Corporation- www.senaterealty.com
     Senate Realty was established with the goal of becoming DC Metropolitan
 area's most innovative and customer service oriented real estate
 company--the area's premier Real Estate Company. Our hand-picked team of
 the best real estate professionals is dedicated to quality service and,
 most importantly, integrity.
 
     Senate's Management is committed and passionate about incorporating the
 lessons learned from our wide array of professional and educational
 experiences to assist you in maximizing your real estate experience. At
 Senate, we understand what it means to work long hours while continuously
 providing incredible customer service to you. Senate has become an
 innovative trailblazer by sticking with the motto: "Not Your Traditional
 Real Estate Company."
 
     Contact:    Crystal Wright
                 Baker Wright Group
                 202/829-0848
 
 
 
 
 
 

SOURCE Senate Realty Corporation