John R. Wooden Properties at present introduced merger agreements with two trip rental corporations, Ft. Myers-based Resort Harbour Properties and Naples-based The Vacation Life. In April, the corporate additionally acquired a Pine Island-based trip rental firm.
“Continued growth of our presence within the high-end trip rental market is a pure strategic evolution for John R. Wooden Properties in our native space. These corporations share our core values of legendary service and a revered code of ethics. Incorporating them into the John R. Wooden Properties household will assist brokers understand a bigger collection of listings for our purchasers whereas serving to protect our number-one market share within the Lee and Collier County market, and it’s a purpose we have now pursued for a number of years,” stated Corey McCloskey, John R. Wooden Properties Vice President of Operations.
The three new entities will now be acknowledged as divisions of JRW Trip Leases LLC, A John R. Wooden Firm.
“Affiliating with a bigger actual property firm akin to John R. Wooden Properties will allow every of those rental companies to have entry to extra potential landlords and renters from the 700 John R. Wooden brokers”, stated McCloskey.
Resort Harbour Properties specializes within the condominiums at Sanibel Harbour Resort and close by Punta Rassa. Proprietor Angelo Celmo has joined John R. Wooden Properties as a dealer affiliate; Sanibel Harbour rental operations will proceed to be led by Kelly Dickens. The Resort gives quick time period leases with fabulous waterfront views. Celmo shaped the corporate in 2007.
The Vacation Life is a Naples-based trip rental enterprise owned by Casey Potter and Lisa Potter. The corporate has rapidly grown amongst Collier County’s thriving luxurious trip rental market. Led by Casey, The Vacation Life has collected roughly 100 high-end rental listings, with some Naples luxurious houses going for upwards of $100,000 per thirty days in season. The Potters shaped the corporate in 2013.
Pine Island Realty has been in enterprise since 1980, and shaped the rental operation about two years in the past. It’s now referred to as Pine Island Trip Leases and is led by Kelly Cruz. The Pine Island market is a well-liked vacation spot for fishermen who need a crack on the fabulous fishing within the Pine Island/Boca Grande space. The corporate additionally has various household renters seeking to get away from the stress of their regular way of life.
“Luxurious trip leases have seen important positive factors over the past 12 months as vacationers enthusiastically embrace these types of lodging,” stated McCloskey. “Nonetheless, shifts in shopper expectations place a premium on components like charge transparency, cancellation insurance policies and, as all the time, customer support. Significantly within the luxurious sector, vacationers count on the identical effortlessness and reliability from trip leases that they’ve historically present in different types of journey. The businesses that might be profitable are these which can be already adapting to those adjustments.”
To maximise the benefit of reserving trip leases, all 3 divisions use common web sites akin to VRBO and AirBnB. These enable prospects to seek for particular dates, costs, forms of properties, and different amenties, to allow them to discover their splendid trip property.
In 2021, John R. Wooden Properties surpassed all southwest Florida residential actual property brokerages in gross sales quantity, listings bought and complete closed transaction sides, primarily based on data from the Naples Space Board of REALTORS® MLS for closings 1/1/2021 by way of 12/31/2021. Led by President and CEO Phil Wooden, lately acknowledged amongst Florida’s most influential enterprise leaders by Florida Development journal, the agency reported a record-setting written gross sales quantity of $5.834 billion whereas additionally main the Collier and Lee County market with 3,054 listings bought and 6,109 transaction sides.
This text initially appeared on Naples Day by day Information: Two native trip rental companies merge with John R. Wooden Properties