LONGBOAT KEY — Longboat Key Realtor Roger Pettingell closed $100 million in sales volume Monday and is projected to finish the year with $104.6 million overall, more than any other individual or brokerage team in Sarasota County.
This is the first time an individual or team has topped $100 million in sales volume in the area, according to a YourObserver.com article. The Longboat Observer is a sister paper of the Business Observer.
Pettingell, with Coldwell Banker Residential Real Estate's Longboat Key office, sold 60 properties in 2017, many of them multimillion dollar estates in Sarasota. In 2016, Pettingell set a personal record with $77.53 million, up from $72 million in 2015.
Pettingell is the top-ranked individual agent in Sarasota County for the sixth consecutive year.
“It's crazy those numbers got up there, because I recognize what that means in volume. But it's not an outlier anymore," Pettingell tells the Longboat Observer. "That's what we do and we're going to keep doing it and it's going to keep getting better.”
Pettingell says in a statement multimillion dollar listings helped set the record sales figures. This year, Pettingell sold eight properties over $3 million and in several cases represented the buyer and the seller. He also cited a large increase from both local and out-of-state referrals for the uptick in sales, which he attributed to outreach through the internet.
"Year after year, Roger continues to push the bounds of success and this year was by far his most impressive," says Coldwell Banker Residential Real Estate Florida President Clark Toole in a statement. "Exceeding $100 million in sales in just one year as an individual agent is an incredible achievement and we're so proud of his success.”