Memphis Area Crye-Leike, Realtors Are In The News

NASHVILLE, TN.- Crye-Leike, Realtors agents in the Memphis area are responding strongly to counter what they contend is a false perception about the local home sales market.


In the face of general media reports about a continued decline in the national real estate market, Crye-Leike agents are being pro-active in an effort to set the record straight.


According to a report published in the Memphis Commercial Appeal on Sunday August 12, 2007 – “Realtors say negative news media coverage about the national real estate market, combined with a local dip in sales after two record years, has Mid-South home buyers confused.”


Here’s how Crye-Leike Managing Broker Tommie Criswell- Jones responded in the Memphis Commercial Appeal:


“The Memphis market has been better than it’s ever been these last few years,” said Tommie Criswell-Jones, managing broker of the Crye-Leike Collierville Office. “And 2007 is shaping up to be the second-best year in history.”


Those sentiments from Criswell-Jones are bolstered by Crye-Leike Affiliate Broker Joe Spake of Memphis.  On his Web-Blog, Spake addressed a proactive step that’s been taken by the Memphis Area Association of Realtors (MAAR).





“MAAR has initiated a multi a multi-media campaign which includes advertising, press releases and information stressing the positives of the real estate market?” wrote Spake on his Blog, posted Monday August 13, 2007.  “Hopefully we will see this type of initiative in other markets.”


Crye-Leike, Realtors was established in Memphis in 1977 by Harold Crye and Dick Leike, and within three years, the company grew to be the largest in the city.  Regional operations have since been added in Middle Tenn., East Tenn., Central Ark., Central Ga., Central Miss., and Northwest Ark., allowing the company to grow into a network of 3,800 sales associates and 118 corporate and franchise offices located throughout Tenn., Ala., Ark., Fla., Ga., Ky., Miss. and N.C.


Crye-Leike is a full-service real estate company offering buyers and sellers services in the following areas of specialty: residential sales, mortgage lending, title, insurance, commercial business and investments, property management, development and construction, builder resources, REO bank-owned properties, relocation, auctions, and home services referrals.  In 2006, the Crye-Leike organization attained sales of $6.1 billion with 35,498 closed transaction sides.