AUSTINBURG TOWNSHIP — A Jefferson Area High School graduate is one of 50 finalists for Realtor Magazine’s “30 below 30” award, which features rising stars in the real estate industry.
Shawni (DeyErmand) Marich, 27, opened Novella Realty, 2744 Route 307, Austinburg, in August 2017, and changed into lately venerated with the distinction.
“I become venerated to make it into the pinnacle 50,” she said. “I become usually interested in the actual estate marketplace and desired to get an insider’s appearance with the plan of in the end turning into an investor. When I got into the schooling, I found out there was a lot more to the commercial enterprise and a very good ability to get into sales. I ended up sticking with sales and cherished it.”
Novella employs 5 human beings, 4 of whom are real estate retailers, plus Marich.
In 2018, Novella had $10 million in sales extent and 100 transactions — generally in residential income, Marich stated.
Currently there is five.Sixty nine months worth of inventory in the marketplace — that means if the variety of homes for sale and the rate of houses genuinely being bought remains the equal, it’d take 5.Sixty nine months to sell the entirety that’s indexed, Marich stated.
“A rule of thumb is that among 5 and six months of stock is a balanced marketplace (neither supplier’s marketplace nor buyer’s marketplace),” she stated. “We are presently in a balanced marketplace overall, however there are some ‘sweet’ spots inside the marketplace for dealers, relying on location in the county and the charge variety.”
Home income for the first zone of 2019 appear like down barely over the equal quarter final 12 months, however the average income price for the county has expanded to about $a hundred and ten,000, she stated.
Despite its americaand downs, Marich stated she enjoys the demanding situations and speedy tempo of real property income.
“I love that I can continuously learn and grow in this industry in such a lot of exceptional ways, from commercial enterprise development, to customer service abilties implementation, to negotiation approaches and greater,” she stated. “I revel in every aspect of this commercial enterprise and love walking my brokerage.”
Marich described her office as “a decent-knit institution of sellers who really enjoy working collectively.”
They help each different and bounce ideas off of each other, she stated.
Sarah Glassky, a real estate agent at Novella, said Marich is one of the maximum driven people she knows.
“If something needs achieved, she can get it performed,” she said. “She’s continually busy and doing something. She doesn’t consider in down time.”
Glassky stated she and the other marketers are impressed with all Marich has finished at this type of younger age.
“The agents in my brokerage are what makes us splendid,” Marich stated. “We all emphasize awesome customer support and the improvement of our county as our principal dreams. We strain the positives of Ashtabula County.”
All of her sellers are Ashtabula County natives.
In addition to her actual estate training, Marich has a bachelor’s degree in business administration from John Carroll University.
Novella’s office hours are nine a.M. To five p.M. Monday thru Friday, and nine a.M. To three p.M. Saturday. For extra facts call 440-275-5215.