View full photo album, HERE!
The Boutique Firm Recorded $1.5 Billion in Sales Predict a Bullish Real Estate Market for Tampa Bay in 2020
Tampa Bay’s largest independently-owned real estate brokerage firm, Smith & Associates Real Estate, celebrates another record-breaking sales year with $1.5 billion in sales volume, an increase of 22% from the previous year. The company has been serving Tampa Bay’s real estate market for over fifty years and recognized associate accomplishments with a party at the Armature Works in Downtown Tampa. With their Developer Services team representing ten projects in Tampa Bay that have completion dates set between 2020 and 2023, Smith feels confident that the Tampa Bay real estate market will be on fire in 2020.
Established in 1969, Smith & Associates Real Estate has grown to be one of the most influential companies in the Bay, with revenues exceeding $1.5 billion in 2019. The firm represents high-profile residential and commercial developments. It is the exclusive listing agent for almost all of Tampa Bay’s high-profile towers, including The Edition, Riverwalk Place, Hyde Park House, Elevé 61, The Sanctuary, Saltaire, and Altura. Smith & Associates Real Estate is the number one luxury brokerage firm of $1M + residences in both Hillsborough and Pinellas Counties.
President and CEO, Bob Glaser, says his company’s focus on investing in employees, giving back to the community, and fostering strategic partnerships will continue to inform the company’s growth strategy. “As Tampa Bay has grown, so have we. We’ve had tremendous success and are bringing over 2 billion dollars of inventory to the local market in the upcoming years, representing developments in downtown Tampa and St. Pete. Yet, we anticipate that marketplace demand will outpace available inventory.”
According to the real estate website Zillow, Tampa home values went up 3.9% in 2019 and Zillow forecasts they will rise an additional 4% in 2020. Tampa also ranks 4th among the nation’s The most popular investment markets, according to Realtor.com® .
While the Smith team celebrated their record-breaking year and the associates with exceptional sales, the organization also presented their most coveted honor, The Mary Smith Conover Citizen Award, which honors the spry 93-year-old founder of Smith & Associates Real Estate. The award is a nod towards the company’s founder and keeps the philanthropic intention at the forefront for every associate. This year’s winner was Becky Slocum clocked nearly 1,800 volunteer hours with The American Red Cross and is a member of the Disaster Action Team, working on-call shifts throughout the night from 6 PM – 6 AM.
Becky Slocum (Award Recipient), Bob Glaser (President and CEO), and Mary Smith Conover (Founder) at Kickoff Celebration at Armature Works
We at Smith are dedicated to our local community and contribute to organizations throughout the year that support equality, the arts, and education. Smith & Associates Real Estate participates in over 50 organizations throughout Tampa Bay and emphasizes a corporate culture of giving back. Each month, you’ll see the Smith orange and our associates supporting causes that we find meaningful. Please join us this month!
Feb 1st – DACCO Gala and Auction – 7pm
DACCO treats substance use disorders, including Opioid Addiction Treatments and any co-occurring mental health symptoms in men, women (including pregnant women) and youth. Nationally awarded for their comprehensive coordinated care, DACCO is a Behavioral Health organization with outpatient, residential and wrap-around services to treat the whole person. Smith has been a long-time supporter of the organization. Their programs help decrease the use and/or abuse of prescription, alcohol, tobacco, illicit and other harmful drugs among pregnant and postpartum women.
We are a sponsor at their fundraising event. Please join us in supporting this valuable organization. Tickets available at nightofathousandthieves.com.
Feb 8th – Tampa Theatre Wine Tasting – 7pm
When the Tampa Theatre began their restoration campaign in 2017, Smith & Associates Real Estate made a sizable donation to the Tampa Theatre. This gift allowed the Tampa Theatre to create a permanent concession stand, an important part of the 90-year-old theatre’s extensive multi-phase renovations to address critical infrastructure, enhance the patron experience, and restore its historic beauty.
Bob Glaser, President and CEO of Smith & Associates Real Estate, calls the Tampa Theatre “a local treasure that calls for community support” and has served as a Board Member for many years.
“Upon entry, you feel as though you have stepped back to another era of time and are in awe of the palace-like feel within the theatre. There are so few of these movie palaces in the nation, and to have this jewel in Tampa Bay, calls for community support,” says Glaser.
Their biggest fundraising event of the year is coming up, Winefest 2020: Cabbyshack, and we are a sponsor. Please join us and support this iconic theatre in Downtown Tampa. Tickets available at tampatheatre.org/annual-event/winefest-2020
Learn more about Smith & Associates Real Estate’s local heart and community involvement here.
The Smith farm party has become an annual ritual at the Glaser ranch, Wise Owl Farms. Our CEO, Bob Glaser, throws the ultimate country hoedown with fun for the kids, catered food, and dancing under the stars. It is a chance to come together after a busy season and enjoy time together. Smith employees are encouraged to bring spouses, kids, even friends in an effort to bring our team closer together. When you work with a team of agents that are like a family, you get a network of professionals that strive to make sure your move is seamless. Smith is Home!
Check out some photos from the extraordinary event!
Please click HERE to view the full Facebook photo album.
Please click HERE to view the video on Youtube.