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2024 Outer Banks Real Estate Q3 Results
Coldwell Banker Seaside Realty is proud to be leading the Outer Banks real estate market for the third quarter of 2024!*
Q3 2024 Ranking by volume:
Coldwell Banker Seaside Realty | $251,947,387
Q3 2024 Ranking by units sold:
Coldwell Banker Seaside Realty | 382
Coldwell Banker Seaside Realty Q3 Super Stars
| Top 5 Teams: 1. The VanderMyde Group 2. The Driscoll Team 3. The Heather Sakers Team 4. The Sandman Team 5. The Beth Garcia Team |
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| Top 5 Agents: 1. Brook Sparks 2. Cameron Griggs 3. Emily Bray 4. Melissa Morgan 5. Heather Huling |
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*Based on information provided by the Outer Banks Association of Realtors. 1/1/24-09/31/24.
**Based on information provided by the Outer Banks Association of Realtors. 1/1/14-09/31/24.
Top Ten Reasons to Work With CBSR
Top Ten Reasons to Work With The Coldwell Banker Brand
#1
118 YEARS OF GUIDING PEOPLE HOME
For 118 years, the Coldwell Banker brand has served clients with honesty, integrity and real estate expertise.
#2
LOCAL LEGACY OF SUCCESS
Coldwell Banker Seaside Realty is locally owned and operated and recently celebrated their
32-year anniversary!
#3
GLOBAL NETWORK
The Coldwell Banker network includes 100,000 agents across 40 countries and is #1 in Agent Loyalty.
#4
COLDWELL BANKER IS THE #1 REAL ESTATE BRAND ONLINE
Home buyers are online, and more of them are visiting Coldwell Banker® sites than other real estate brands, which means your property gains better exposure and more qualified buyers.
#5
PROVEN SUCCESS NATIONALLY
Affiliated agents handled 481,548 transaction sides in the U.S. in 2023. In fact, we’ve guided more home buyers and sellers than any other company in the history of America.
#6
PROVEN SUCCESS LOCALLY
Coldwell Banker Seaside Realty has sold the most real estate on the Outer Banks for 10 consecutive years*. The
#7
THE MOST TOP PRODUCING AGENTS
Coldwell Banker Seaside Realty has the most agents in the Top 100** of the Outer Banks MLS!
#8
LUXURY MARKETING
Backed by their Global Luxury Marketing Program, in 2023 Coldwell Banker agents sold more over $200 million in luxury homes daily, with each sale exceeding $1 million.
#9
GIVING BACK
Coldwell Banker Seaside Realty has donated over $165,000 in the past 5 years alone to local charitable organizations.
#10
FULL SERVICE
We are there for you in all aspects of your home buying or selling journey. Our goal is to ensure you receive 5-Star service from start to finish!
For the 10th year in a row, Coldwell Banker Seaside Realty has sold the most real estate on the
Outer Banks! With over 32 years of local knowledge and experience, our family-owned and operated company offers real estate services across the entire Outer Banks as well as all of northeastern
North Carolina.
Visit cbseaside.com and use the CB Estimate tool to learn what your home is worth.
Search all listings at cbseaside.com or call us at (888) 939-4119
Benefits of Buying On The Outer Banks This Fall
Fall Buying on the Outer Banks
While the real estate market is dynamic and can change throughout the year, there are several compelling reasons to consider buying a home in the fall of 2024.
Cooling Market Leads to Less Competition
As we move into the fall of 2024, many experts predict that the housing market will continue to cool down from its peak in recent years. This cooling trend can offer several advantages for buyers, including:
• Reduced Competition: Fewer buyers in the market often leads to less competition for properties, potentially resulting in lower prices or fewer bidding wars.
• More Negotiating Power: With less competition, buyers may have more leverage to negotiate favorable terms with sellers, such as lower prices, seller concessions, or closing cost assistance.
• More Time to Consider Options: The slower pace of the fall market can give you more time to carefully consider different properties, negotiate favorable terms, and make a well-informed decision.
Mortgage Interest Rates Have Decreased
Mortgage rates have dropped over the recent months and could drop further this fall depending on the policy set forth by the Federal Reserve. Purchasing this fall could allow you to take advantage of lower interest rates without increased competition.
You’ll See the Neighborhood in Action
Buying in the fall allows you to check out potential homes when neighborhoods are bustling with back to school activities. You can see where your child’s bus stop would be, get a good feel for how many kids are in the neighborhood and you can visit the school itself, while classes are in session.
Less Sales Means More Attention for You
Moving companies aren’t as busy, so it is easier to schedule your moving date. It’s also a great time to get a lot of attention from your REALTOR® and Mortgage Loan Officer.
Take Advantage of Those Year-End Sales
If your house is a fixer upper, jack pot! The fourth quarter can be a great time for renovations. Fall is the time to save on new floors, windows, cabinets, air conditioning, really anything that is considered off season. Companies and tradesmen want to keep their people busy and are willing to give you a price break as incentive.
Don’t fret fall house hunting! Take advantage of all that fall has to offer and get into your beautiful new home in time for the holidays.
Experts Say We’re Not in A Bubble
The housing bubble that burst in 2008, causing crippling economic repercussions and lead to the Great Recession, was primarily driven by lenders extending credit to those who were not qualified. There is one huge difference between now and 2008 – lenders have raised their requirements for securing a mortgage. As a result, average credit scores are higher, more documentation is needed, and loans are more proportionate to the borrower’s income. If you’re waiting for a bubble to pop, it might be time to reconsider.
Looking into buying an Outer Banks home this fall?
The information contained herein (including but not limited to any description of TowneBank Mortgage, its affiliates and its lending programs and products, eligibility criteria, interest rates, fees and all other loan terms) is subject to change without notice. This is not a commitment to lend.
Pamela Smith Promoted to President
𝐂𝐨𝐧𝐠𝐫𝐚𝐭𝐮𝐥𝐚𝐭𝐢𝐨𝐧𝐬 𝐭𝐨 𝐏𝐚𝐦𝐞𝐥𝐚 𝐒𝐦𝐢𝐭𝐡 𝐨𝐧 𝐛𝐞𝐢𝐧𝐠 𝐧𝐚𝐦𝐞𝐝 𝐂𝐁 𝐒𝐞𝐚𝐬𝐢𝐝𝐞’𝐬 𝐧𝐞𝐰 𝐏𝐫𝐞𝐬𝐢𝐝𝐞𝐧𝐭 𝐚𝐧𝐝 𝐩𝐚𝐫𝐭 𝐨𝐰𝐧𝐞𝐫.
Coldwell Banker Seaside Realty congratulates Pamela Smith, formerly the Vice-President, on her recent promotion to President and part owner of the Outer Banks firm.
“I am honored to work with the best family, the best company, the best brand, and the most exceptional agents and management team. I am looking forward to continuing to lead Coldwell Banker Seaside Realty as President! What’s not to love about my job?”-Pamela Smith.
Upcoming August Events on the OBX
Summer may be winding down, but there are still great events happening during the month of August!
August Events on the OBX
Soundside Summer Markets
Explore the vibrant spirit of our community at Soundside Market in Nags Head. Dive into a world of unique handmade treasures, lovingly crafted by local artisans. By shopping here, you not only acquire one-of-a-kind pieces but also lend a helping hand to small businesses at the heart of our community. Join us in celebrating local creativity and craftsmanship at the Soundside Market.
https://www.facebook.com/
The Lost Colony
Discover America’s Oldest Mystery on the OBX! The 87th season of The Lost Colony runs from May 30-August 24th, 2024.
Buy Tickets: www.thelostcolony.org
Vusic OBX Music Festivals Summer Series-All concerts are held at the Roanoke Island Festival Park.
View upcoming concerts here.
WRV Outer Banks Pro- August 28 to September 1 at Jennette’s Pier in Nags Head. The WRV Outer Banks Pro, is a premier surfing event sanctioned by the World Surf League (WSL).
View more information.
Elizabethan Gardens Butterfly Release-Tuesdays and Thursdays, discover butterflies up-close as they take their first flight!
View more information.
For more events happening all year long on the Outer Banks, visit www.outerbanks.org.
Summer Concerts on The OBX
Summer concerts on the OBX, what could be better?
Add an incredible venue like the Roanoke Island Festival Park for the perfect summer night! That’s exactly what promoters VusicOBX Festivals are doing. The VusicOBX festivals have a family-friendly vibe, with children welcome in a safe and fun environment. In addition to incredible musicians taking the stage, local artists and food vendors are set up in the Vusic Village at the festival as well. Make plans to attend one of these great upcoming concerts on the OBX!
Who’s Playing VusicOBX in 2024?
Sunday, June 30
Michael Franti & Spearhead with Niko Moon & Bombargo
Saturday, July 13
ZOSO The Ultimate Led Zepplin Experience with Funkamungus
Saturday, July 20
OBX Is For Lovers Festival: Motion City Soundtrack, Hawthorne Heights, Less Than Jake, Thursday, Armor for Sleep, This Wild Life
Saturday, July 27
Iriation & Pepper
Friday, August 9
311 with Awolnation & Neon Trees
Thursday, August 29
Sublime with Rome, The Farewell Tour
Saturday, September 7
Jamey Johnson with Whitey Morgan & The 78s
Summer Concerts on the Outer Banks-Buy Tickets
Tickets are available online at vusicobx.com.
All show details and FAQs area available on the website.
Mother’s Day 2024
It’s their special day-let’s celebrate! If you are looking for the perfect place for Sunday Mother’s Day brunch, we have compiled a list of local restaurants who offer a delicious Sunday brunch.
Outer Banks Restaurants offering Sunday Brunch on Mother’s Day
(some may require reservations)
Duck:
The Blue Point
Red Sky Cafe
Kitty Hawk-Kill Devil Hills:
Pony and the Boat
Salt Box Cafe
Sandtrap Tavern
Nags Head:
Basnight’s Lone Cedar Cafe
Nags Head Cafe
Owens
Mulligans
Happy Mother’s Day from Coldwell Banker Seaside Realty!
Outer Banks Real Estate Q1 Results
Coldwell Banker Seaside Realty is proud to be leading the Outer Banks real estate market for the first quarter of 2024!*
Q1 2024 Ranking by volume:
Coldwell Banker Seaside Realty | $66,713,402
Q1 2024 Ranking by units sold:
Coldwell Banker Seaside Realty | 106
Coldwell Banker Seaside Realty also continues the tenth year as the #1 Outer Banks Real Estate Firm by total units!**
Coldwell Banker Seaside Realty Q1 Super Stars
| Top 5 Teams: 1.VanderMyde Group 2. The Sakers Team 3. The Garcia Team 4. The Mausteller Team 5. The Driscoll Team |
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| Top 5 Agents: 1. Sunny Berle 2. Brook Sparks 3. Emily Bray 4. May Oo-Muuse 5. Yuliya Hristov |
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*Based on information provided by the Outer Banks Association of Realtors. 1/1/24-03/31/24.
**Based on information provided by the Outer Banks Association of Realtors. 1/1/14-03/31/24.
Top Listing Agent For 2023-Brook Sparks
Coldwell Banker Seaside Realty is proud to announce Brook Sparks as their Top Listing Agent for the Firm, earning her the title of Listing Agent of the Year for the 3rd consecutive year.
Brook has also been awarded the Top Producing Agent of the Year for the Elizabeth City office. This accolade is determined by closed sales volume in 2023. Previously, Sparks achieved the title of Agent of the Year for the firm in both 2021 and 2022.
Brook is ranked in the Top 3% of all selling agents* on the Outer Banks. Her impressive sales volume has earned her the prestigious 2023 Coldwell Banker International President Elite Award, an honor bestowed upon the top 2% of all Coldwell Banker agents worldwide.
“Being recognized for this achievement means everything to me. I have been beyond blessed to have the greatest clients and friends that support me in everything that I do. Showing property with your friends is the very best and makes the work day pass pretty quickly! I am fortunate that I get the opportunity to spend my days with clients that are true friends and partners. I am excited about 2024 and I look forward to helping my friends, neighbors and investors reach their homeowner goals in our area. No matter if clients are looking for a high returning investment or a forever home, I always want to be the person they trust” says Sparks.
“Brook is truly exceptional. She not only excels in sales, managing both the Outer Banks and Currituck mainland markets, but also successfully operates a boutique property management firm. What sets her apart even further is her dedication to local charitable organizations, such as the Wounded Warrior in Action program which brings purple heart recipients to the Outer Banks for a week of duck hunting, comradery, and relaxation” says Pamela Smith, Vice President of Coldwell Banker Seaside Realty.
*As reported by the Outer Banks Association of REALTORS MLS 1.1.23 – 12.31.23
**As reported by the Outer Banks Association of REALTORS MLS 1.1.14 – 12.31.23
2023 Team of the Year-The Vandermyde Group
Coldwell Banker Seaside Realty is excited to announce the VanderMyde Group as winner of the firm’s Team of the Year award for 2023.
For the seventh consecutive year, the VanderMyde Group led the firm in listings, units and sales volume.
In addition to being the Top Producing Team, the VanderMyde Group led the firm in the most units sold with a total of 87 closings equaling close to $70 Million in sales volume. The VanderMyde Group was also the #1 Listing Team of the Year and earned the
2023 Coldwell Banker International President’s Circle Team award—a prestigious recognition given only to the top 10% of all sales associate/representative teams worldwide.
The Vandermyde Real Estate Group is founded on the pillars of trust, reputation, hard work, and dedication. Each member of the team is passionately committed to going above and beyond for their clients, delivering exceptional service and exceeding expectations time and time again.
Led by Heather VanderMyde, who Ranked #2 out of 609 producing agents in the Outer Banks Association of Realtors MLS, the VanderMyde Group includes agents Kiirsten Farr, Will Greg, Kasey Rabar, and Trish Berruet. Saska Zivkovic is the team’s assistant and John VanderMyde provides professional HDR photography and drone video for their listings.
“I am thrilled the Vandermyde Real Estate Group has been honored with a prestigious top agent award, a testament to our team’s unwavering commitment to excellence, professionalism, and delivering exceptional results to our clients. Receiving this award fills me with a deep sense of gratitude and pride. I extend sincerest appreciation to our valued clients and are thankful for the opportunity to be their trusted advisors throughout their real estate journey” says Team Leader VanderMyde.
“The VanderMyde Group maintains its position as the consistent leader in listings and sales within our firm, achieving the top honor for the seventh consecutive year. Their consistent dedication to clients, expert marketing strategies, and proactive approach to their business growth, regardless of market fluctuations, sets an exemplary standard” says Pamela Smith Vice President of Coldwell Banker Seaside Realty.
*As reported by the Outer Banks Association of REALTORS MLS 1.1.23 – 12.31.23
**As reported by the Outer Banks Association of REALTORS MLS 1.1.14 – 12.31.23
