Top Agent in the Country

RE/MAX Tops List of Most Productive Agents

Michael Cohen of Philadelphia Ranked Among Top 1,000 in U.S.

 PHILADELPHIA,

July 1, 2013 - RE/MAX agents led the 2013 list of the top 1,000 real estate sales professionals in the U.S. as measured by the number of properties sold per agent.

Published by The Wall Street Journal and REAL Trends,

"The Thousand" ranked the top 250 agents and top 250 teams for transaction sides and sales volume. When the 500 transaction standings are combined, RE/MAX agents hold 98 places. That’s one out of five – and more than any other real estate brand in the report, which ranks participating agents based on 2012 production.

43 RE/MAX agents were ranked among the Top 250 individuals for most transaction sides and

55 RE/MAX teams were ranked among the Top 250 teams for most transaction sides. Michael Cohen of RE/MAX Access in Philadelphia ranked 159 on the Top 250 Sales Professionals by Sides list with 162 closed transactions in 2012.

"We’re proud of these RE/MAX agents for their outstanding professionalism and commitment," said RE/MAX CEO Margaret Kelly.  "Their dedication to their clients is why– year in and year out – RE/MAX sells more real estate than any other real estate franchise."

Michael Cohen has more than 14 years of experience in the greater Philadelphia real estate market and has helped hundreds of families buy and sell their homes.

H"ard work and dedication to all of my clients are important factors in my success," said Cohen. "I believe our team can find a home for everyone in Philly.  Listening to the needs of all of our clients is the key to finding the right match."

The Thousand" results are not the first time that RE/MAX agents have been shown to be more productive.  Earlier this year, RE/MAX agents were found to be the most productive in the 2013

 REAL Trends 500 survey of the nation’s largest participating real estate brokerages, based on total transaction sides. RE/MAX agents averaged twice as many transaction sides per agent as all other agents. The complete "The Thousand" lists can be found by visiting realtrends.com.

 

Michael Cohen specializes in residential real estate in metropolitan Philadelphia. For more information, please contact Michael Cohen at 610-331-7213or MSKJ@comcast.net

Short Sale Success!

Short Sale Success on Main Street- 1.1 million in debt,

The property had a 1st , 2nd a 3rd and a 4th position mortgage, IRS lien, 2 years of unpaid taxes, and a Divorce.

It closed in less than 60 Days. The lawyers and the bankers said it could not be done.  Hard work and good contacts got this to closing

Experience is what Counts with Michael P. Cohen & Company at KW Philly

Why I Sell the Lower End Market in Philadelphia

I was at the RE/MAX Home office in Denver, CO earlier this year and I met an agent that said “I won’t list a home less than $500,000.”  I told him I just signed a deal for $16,500.

 

We are both top Realtors in our markets, but I achieved my status by working with customers that buy and sell at the bottom of the market.  This market place fuels my regular sales and commercial deals as well.

 

I changed careers in 1999, and by 2005 I dominated the foreclosure market in Philadelphia and you bet, I make a great living selling distressed Real Estate in Philadelphia, Delaware County and Montgomery County.

 

As this market improved, I found myself spending more time in the higher price range where the fees are much larger and the deals are more complex, but I never stopped working with my bottom market buyers.

 

The commission in foreclosures, shells and fixer uppers are low and average about $1,500 per transaction.  I typically close about 10-15 fixer uppers a month.  I could never get 5 transactions a year from a traditional customer.

 

Here is the best part.  There is little to no drama and hardly any contingencies except good title.  I have 2 experttitle companies that handle all the hair that comes with this type of deal.  Each title company processes over 100 deals a year from just my transactions. I typically always have 30-40 deals under agreement at all times

 

I made a great move when I joined RE/MAX Access in 2010.  I was pushing so much paper that I needed an assistant.  Now I have 2 assistants and a third to help when needed. I have3 buyersagents, that are on the street showing properties all day long.  It made my job easier, my customers happier and I am able to keep up the pace and spend 94% of my day on the phone, listing properties or attending settlements. (Thanks Steve O)

 

Now that the market has changed, my investors are calling their local agent to sell condos, land, small commercial & rehabbed properties in Center City, as my name is consistently given out to traditional buyers and sellers looking for their next home.

 

In conclusion, The Michael P. Cohen Team is the 2nd highest volume in units for RE/MAX in the State of Pennsylvania...  Honest, dependable and on-time.  We answer the phone until 9pm.  We have the experience and knowledge to help all our customers whether its $10,000 or $10 million dollars.

 **This was originally published 1/16/2016

It’s Simple to Accomplish your Goals

 The President of the United States from 1970-1974 was Jimmy Carter who was a 1 term president.   He became a great humanitarian after his term in office. Jimmy set out to eradicate the Guinea worm that affected 30 million people in rural Asia and Africa.

In 2015, only 123 cases were reported Worldwide. This parasite spreads through stagnant water and it uses a persons body as a host, which allows the parasite to grow while simultaneously breaking down the persons body and causing tremendous pain. 

This is the second human disease to be eradicated from the planet, next to small pox. Jimmy was able to wipe out this disease from the earth without vaccines or instruments; the eradication of the Guinea worm was simple, people had to filter their drinking water through a cloth.

What Jimmy Carter did was incredible, but took him about 30 years to accomplish. With the speed of technology today I can help you find a property you never thought you could afford, that will double in value in 5 years. 

If you are thinking of buying or selling a property in Philadelphia, Michael P. Cohen fully understands this unique market and how to most effectively list and sell your primary residence or investment property. 

Call me 610.331.7213 or visit www.PhillyREO.com