Beverly Hills, CA, February 18, 2015 --(PR.com
)-- Nourmand & Associates Realtors had their best year to date in 2014. Starting with one office in 1976, Nourmand & Associates has become a well-known name in real estate with three offices strategically located in Beverly Hills, Brentwood and Hollywood. The company is now run by the Founder's son, Michael Nourmand, who is the second generation to take the reins. Last Year, Nourmand & Associates’ sales volume was nearly $800,000,000, up 18% from the company’s previous record in 2013. They sold 80% of their listings and set a new benchmark by closing 582 deals. The average time to get an accepted offer was just over one month and their listings sold for 99.3% of their asking price.
Where Nourmand & Associates really surpasses the competition is in high end off market sales. In 2014, Nourmand & Associates sold $164,700,000 off the market, up 40% from 2013, which equates to more than 20% of the company’s sales volume. They also represented 8 sides over $10,000,000 off the market and those deals were handled by six different agents at the company. "Our large network of agents and our extensive database allows us to provide this unique service to our clients, many of which do not want the general public to know their property is for sale," says Michael Nourmand, President of Nourmand & Associates Realtors. Libby Shapiro, Branch Manager of Nourmand & Associates - Beverly Hills since 2005, stated that "Our continual growth year over year sets a new standard in the market of high end luxury real estate. We are the family boutique firm that competes directly with the large corporations."