Rhode Island

GoLocalProv | Business | Residential Properties Finished 2022 with More than $1 Billion in Sales — Third Consecutive Year

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Sunday, January 15, 2023

 

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Residential Properties completed 2022 as the one firm in Rhode Island to succeed in $1 billion in gross sales.

In line with the corporate, it achieved the feat for a 3rd consecutive yr throughout 2022, ending with $1,181,312,871 in gross sales – 53.9% greater than the subsequent closest competitor. 

The corporate has now led the state in total gross sales quantity yearly since Statewide MLS started recording correct information again in 2004. Residential Properties additionally had three places of work rank among the many prime 25 within the state for total gross sales quantity, together with RPL’s Windfall workplace, which ranked #1 in Rhode Island. Along with its native accolades, RPL has additionally earned nationwide recognition, yearly being ranked on each REAL Developments’ and RIS Media’s lists of the highest 500 most profitable actual property firms in the complete nation. 

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Main the state in gross sales 

“2022 was RPL’s forty first yr of proudly serving Rhode Island and our surrounding communities,” RPL President and CEO Sally Lapides famous. “We congratulate our groups of actual property professionals who proceed to encourage and amaze yr after yr. RPL additionally efficiently enhanced its operations as an organization this previous yr by broadening our education schemes for brokers, growing our company purchasers via the tireless efforts of our Relocation division, discovering new and higher areas for our Newport and South County places of work, and hiring a Chief Technique Officer to be part of our Government Workforce.” 

 

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Tops in transactions 

Residential Properties led the state in whole houses offered for a second consecutive yr, now ending #1 in Rhode Island for whole houses offered in seven of the previous eight years. 

The corporate additionally led all firms in luxurious residence gross sales, recording a complete of 221 gross sales over $1 million throughout 2022. Gross sales Affiliate Jim DeRentis was acknowledged because the #1 Particular person Agent within the state for each houses offered and whole gross sales quantity. 

Residential Properties’ highlights embrace:  

Highest Windfall Sale Ever: 66 Energy Road – Windfall, RI ($5,500,000)  
Itemizing Agent: Jim DeRentis  
 
Highest Cranston Sale Ever: 52 Fort Avenue – Cranston, RI ($2,950,000) 
RPL represented each the client and vendor. 
Itemizing Agent: Michael J Sweeney of Greene | Sweeney 
 
Highest No. Kingstown Multi-Household Sale Ever: 126 134 Willett Rd – No. Kingstown, RI ($2,565,000) 
Itemizing Agent: Dana Zangari 
 
Highest Scituate Sale Ever: 512 Seven Mile Highway – Scituate, RI ($1,800,000) 
Purchaser’s Agent: Beth DeSista 
 
Highest Barrington Multi-Household Sale Ever: 404 County Rd – Barrington, RI ($1,100,000) 
 
Highest RI Business Sale of the Yr: 101 Hillside Ave – Windfall, RI ($5,000,000) 
Itemizing Agent & Purchaser’s Agent: Scott Veloso of the Bessette Veloso Group 
 
Highest East Bay Sale of the Yr: 35 Fessenden Rd – Barrington, RI ($4,750,000)  
RPL represented each the client and vendor.  
  
Highest Warren Sale of the Yr: 10 Stonegate Highway – Warren, RI. ($1,895,000)  
Itemizing Agent: Alicia Reynolds  
 
Highest Windfall Multi-Household Sale of the Yr: 103 Prospect St – Windfall, RI ($2,100,000)   
Itemizing Agent: Michael J Sweeney of Greene | Sweeney 
 
Highest Windfall Condominium Sale of the Yr: 200 Change St, #PH11 – Windfall, RI ($1,700,000)  
Purchaser’s Agent: Rachael Dotson  
 
2022 HGTV Final Home Hunt Finalist: 111 Harrison Avenue, #MH8 –  Newport, RI 
Itemizing Agent & Purchaser’s Agent: Pawler Garrahan

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  • Historic Greek Revival Supplied for $2.35M By Residential Properties
  • Residential Properties Lists Brick Tudor Revival on Freeman Parkway for $1.475 Million
  • 2nd Highest Residence Sale in Windfall’s Historical past Closes – Residential Properties
  • 4-Bed room With Pool on Almost 10-Acres Supplied by Residential Properties for $950,000
  • Three Acre Barrington Property Supplied for $2.499M By Residential Properties
  • Residential Properties Continues Growth—Opens Westport, MA Workplace
  • Residential Properties Expands – Opens New Workplace in Westport
  • New Report – Residential Properties Tops $1.3 Billion in Gross sales in 2021
  • School Hill Residence Supplied by Residential Properties for $889,000
  • $2.225 Million Rumstick Level Residence Listed by Residential Properties
  • Residential Properties Lists Turnkey Enterprise in Northern RI for $1.3M
  • Residential Properties Gives 22-Acre South Coast Farm For $4.5 Million
  • Individuals on the Transfer: Sweeney Strikes Up at Individuals’s Credit score Union, Residential Properties Provides Wilson
  • Historic George Champlin Mason Home Hits Marketplace for $4.395M With Residential Properties
  • Individuals on the Transfer: Brown Names New VP and Residential Properties Provides to Workforce
  • Residential Properties Opens New Workplace Proper Down the Avenue From the Astors and Vanderbilts
  • Historic School Hill Property Bought for $2.5M, Publicizes Residential Properties
  • Oyster Level Rental Supplied by Residential Properties for $1,029,000
  • Individuals on the Transfer: Infrastructure Financial institution, DiPrete Engineering, Silk Title, and Residential Properties
  • Individuals on the Transfer: Compass Lands Two, RI Hospitality and Residential Properties Announce Additions
  • Residential Properties Closes Sale of Historic East Facet Colonial for $1.8M
  • The Finest Porches, Water Views – Priced at $799,900 by Residential Properties
  • Individuals of the Transfer: Dept. of Income, Navigant and Residential Properties Make Bulletins
  • Individuals on the Transfer: BankRI, NAIL and Residential Properties All Make Additions
  • Residential Properties Names Brunelle Chief Technique Officer

 

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