Most people find it hard to believe, but Homewaters, L.L.C. has had a terrific sales year and increased our sales over a very strong 2007 by quite a bit. We've had two years now to dial in our business model and have really gone a long way toward figuring out this new world of real estate created by the internet. By constantly analyzing our website and the exposure our properties receive, we've managed to build a strong brand loyalty through the internet and it's lead to a great year in the face of most other brokerages suffering a large downturn. Thank you very much to all of you who helped make 2008 such a huge year for our company!
Because of our success, we've been receiving calls from property owners all over Northern Michigan who would like us to represent their properties. One of the keys to our success has been the fact that each agent or broker within our company services a specific geographic area. We carefully selected each agent because of their knowledge base in those areas. Thank you to all of those potential buyers who contacted us this year in search of property in areas that we do not currently service. I'm sorry we had to refer you to other firms, but hopefully in 2009 we'll be able to put you in contact with one of our own agents who can provide the level of service that we pride ourselves on.
Many segments of our market have maintained their value even in the face of the current economic conditions. In other areas, prices have come down to make it very attractive for well qualified buyers to be able to get into a waterfront property that just a few years ago was out of reach. There are some terrific opportunities to buy in Northern Michigan Real Estate and we'll do our best to ensure we can service any interested buyer. Thanks again for all the support and kind comments we've received over the past year. We look forward to a strong finish to 2008 and to expand our dominance into other waterfront markets throughout Northern Michigan in 2009.
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