Giving voice to your brand

 
 

SVN | Chicago Commercial Named Top Earning Office for Sperry Van Ness International Corporation

March 26, 2015

SVN | Chicago Commercial was recently named the top revenue-grossing office in Sperry Van Ness for 2014 at the full-service brokerage firm’s national conference in Orlando, Fla.

Ranked No. 2 last year, the firm grabbed the top spot out of 190 franchisees with a 44 percent year-over-year growth in revenue. On the heels of a 46 percent year-over-year growth from 2012-2013, SVN | Chicago Commercial has demonstrated an impressive expansion in market share, said Michael Thanasouras, managing director at SVN | Chicago Commercial.

Led by partners Thanasouras, Alfred Stepan and Scott Maesel, managing directors, SVN | Chicago Commercial delivers full-service capabilities to the Chicago market, in the sale and leasing of land, retail, industrial, office, multifamily and specialty properties. In recent years, the firm has also added an auction group, SVN | AuctionWorks; a property management partnership, SVN | Crossroads property management ; and a new restaurant business/real estate brokerage group.

“We have been expanding aggressively and strategically in Chicago and we are still looking to acquire more talent and like-minded service groups,” said Stepan. “With the environment and culture we have established at SVN | Chicago Commercial, professionals have found that our platform allows them to thrive, helping them to grow both their personal brand and SVN’s market share simultaneously.”
Sperry Van Ness International Corporation has also increased its profile recently on a global level, achieving the number six ranking in the Lipsey Company’s 2015 Top 25 Commercial Real Estate Brand Survey. The annual Lipsey Company survey is one of the most trusted surveys in the commercial real estate industry, compiling more than 100,000 votes from industry professionals.
According to Thanasouras, the firm’s culture subscribes to an entrepreneurial philosophy that does not act to stymie a broker’s ambition, but rather encourages them to be creative and service clients wherever needs exist, whether it be across multiple asset classes or in different geographies.

“We put our clients’ needs first and they dictate where our business goes,” said Thanasouras. “Brokers in our office don’t have to worry about strict guidelines surrounding what locations and asset classes they can work in. They can service clients in 500 markets with boots on the ground to cover local knowledge and licensing requirements. They go where their clients need them. We encourage our brokers to consult with colleagues and experts when it would be wise, but for the most part, our brokers can act as entrepreneurs and develop solutions and services that will deliver for clients in any situation.”

SVN also supports a cooperative brokerage system that encourages outside firms to work with SVN brokers. Unlike many national commercial real estate firms, SVN shares commissions 50/50 with cooperating brokers 100 percent of the time, allowing for clients and brokers to get the maximum amount of exposure for their listings as well as the highest price.

“All of these are reasons our office has thrived in recent years,” said Stepan. “We know that our brokers are our clients as well and they are our biggest asset. Letting them do their job to the height of their abilities is what has helped fuel our growth. Our firm is entrepreneurial because our brokers are entrepreneurs.”

About Sperry Van Ness International Corporation
Sperry Van Ness International Corporation (SVNIC), a commercial real estate brokerage franchisor headquartered in Boston, MA, is one of the industry’s most recognized brands based on the annual Lipsey Company Top 25 Commerical Real Estate Brand Survey. With more than 190 locations in 225 markets, Sperry Van Ness® Commercial Real Estate Advisors provide sales, leasing, and property management services to more than 5,550 clients worldwide. SVN® Advisors also represent clients in auction services, charter schools, corporate real estate, distressed properties, golf & resort, hospitality, industrial, investment services, land, medical, multifamily, office, retail, and single tenant investments. All Sperry Van Ness® offices are independently owned and operated. For more information, visit http://www.svn.com.

 

SVN | Chicago Commercial was recently named the top revenue-grossing in Sperry Van Ness for 2014 at the full-service brokerage firm’s national conference in Orlando, Fla.

SVN | Chicago Commercial was recently named the top revenue-grossing in Sperry Van Ness for 2014 at the full-service brokerage firm’s national conference in Orlando, Fla.