Vance Realty Tops $100M Sales Mark

ORLANDO-Colleagues advised Barbara Vance she was taking too big a risk in leaving a fairly secure real estate sales job at an established local brokerage to open her own firm eight years ago. Today, Vance Realty Group, grown from two brokers to 50 associates, is one of Central Florida’s fastest-growing independent real estate companies.

The company posted $120.2 million on 356 sales for an average $338,000 per transaction in 2003–a 41% increase over $85 million on 282 closings for an average $301,418 per deal. Her 2001 volume was $61.4 million. Vance is shooting for production of about $140 million in 2004.

“Our projections for 2004 are based on optimum conditions,” she says. “Anything significant on either the world or domestic fronts that would negatively impact the economy would cause those projections to change. But for right now, we are positioning ourselves to have a very big year.”