Wednesday, May 8, 2002

Bullard reflects on 2001 success

Speaking at his company's annual Awards Breakfast, Steve Bullard, owner and president of Coldwell Banker Bullard Realty, termed the year 2001 as "very surprising and challenging."

"Our excellent market conditions continued to be on cruise control

until Sept. 11, then everything changed during the fourth quarter," he noted. However, he added, the situation began to improve, and "it appears that the market conditions are finally getting back to normal."

Bullard went on to point toward the company's accomplishments during the past year as he addressed his company's representatives, gathered recently at Eagle's Landing Country Club. Highlights of his remarks included:

The Jan. 1 implementation of the company's new commission schedule.

Increase of company sales volume from $296 million in 2000 to $325 million in 2001.

The merger with Treadway Realty, which established a company office which established a company office in Griffin and Spalding County. With company boundaries increasing, Bullard's market presently includes Butts, Clayton, Coweta, DeKalb, Douglas, Fayette, Fulton, Henry, Lamar, Meriwether, Pike, Spalding and Troup counties.

The creation of a real estate and pre-licensing school knows as Advantage School of Real Estate. Bullard said the company1s goal is to conduct continuing education courses and Fast Start classes through the school.

The start of construction on the company's new McDonough/Henry County office.

The successful completion of the first full year of the company's Marketing Department. Other 2001 highlights included expansion of the Relocation Department efforts to include Spalding County and the addition of a third corporate home specialist to that department; another banner year for the REO (real estate owned) Department; record revenues for Bullard Property Management and the acquisition of the first neighborhood association account by this division; another pacesetting year by the Cendant Mortgage representatives who work with Coldwell Banker Bullard; and a number of improvements in the area of systems and technology, including completion of first full year with the DPN system in accounting and data, plus the completion of high speed DSL access for all of the company's offices.

Coldwell Banker Bullard, which was founded in 1956, is the largest Coldwell Banker franchise in Georgia and is the oldest and largest independently-owned real estate company in Metro South. It was listed at No. 18 in the Atlanta Business Chronicle's recent ranking of "Atlanta's Top 25 Residential Real Estate Companies."

The company has offices at 238 Stockbridge Rd., Jonesboro, where the headquarters is located; 103 Jonesboro Rd., McDonough; 658 West Third St., Jackson; 1968-A Hwy. 54 West, Fayetteville (just outside the eastern city limits of Peachtree City); 7543 Hwy. 85, Riverdale; 122-A South 13th St., Griffin; and on Hwy. 34 East, Newnan (just west of the Thomas Crossroads intersection).

The company, which several years ago announced a franchise agreement with Coldwell Banker after operating for more than 40 years as Bullard Realty Company, currently has approximately 260 sales associates.


What do you think of this story?
Click here to send a message to the editor.

Back to Real Estate Home Page | Back to the top of the page