The Good Deal Realty Team is just that, a “Team”.
Ken Parker our Broker/Owner came from the Hospitality Industry where it is all about customer and client relationships! This approach has served The Good Deal Realty Team well. Our customers and clients say they can feel the difference when they first enter our doors...! At Good Deal Realty it is all about “You”, our clients, and that is our focus and commitment to bring you World Class Service.
Back in 2005, Ken Parker, after receiving the extremely good news that the company he worked for was being SOLD, was once again looking for the next challenge. Ken had been Chief Operations Officer (COO) and Vice President of our Valley’s largest Property Management Company for 5 years. Having already worked for Investors, Owners, and Vendors in the Real Estate Industry – The idea of Opening up a Full-Service Real Estate Brokerage Company where we can provide and serve for our Buyers and Sellers was a natural fit. So the Journey Began…!
Good Deal Realty - The Early Years – Starting with two Business Partners Ken and Omar and one administrative team member Christene – The Good Deal Realty Team concept was born. Tons of hard work and a challenging market of 2006-2008 (downward cycle) was upon us with home prices falling like a rock we dove in and became very good at representing buyers and sold a lot of REO and Short Sale properties. So much so that The Good Deal Realty Team got a reputation as the company with the Buyers (See – ).
The bank market crash of 2008 brought many bank failures, which found The Good Deal Realty Team involved heavily in Short Sales helping families through an extremely tough time 2008-2012... Still representing a lot of buyers but mixing in working with Banks to dispose of their bulging REO Bank Owned inventory and helping our Inland Empire families with their selling their homes short (they owed more than the homes could be sold for), both were lots of hard work. Demanding Asset Managers in the REO market and Banks just being out right unreasonable with the demands of selling homes through the short sale process made for long days at the office. Any one that has ever been involved with a short sale realizes they should be called “Long Sales” – Either way, The Good Deal Realty Team again got the reputation of being able to navigate the difficulty selling landscape and became a consistent Top 10 Real Estate Company in sales volume and transactions and the #1 Sales Team in our market.
The Recovery – 2012 - 2016 – In 2011, most of our Inland Empire/ High Desert Cities experienced their market lows and values have been on the rebound ever since! Finally, sellers were getting some breathing room from being “Under Water” in equity in their homes – To having equity - And values normalized to 3-4% appreciation annual 2016-2018.
The Slow Down – 2019-2020 – A flattening start – Starting in 2019 we saw a zero gain in the majority of home values. Those homes on the low square footage side continued to increase at a nominal rate of 1-2% annually. Those on the high-end homes that were $400k and greater, lost value at 1-2% rate annually, and came with 2-3 % of seller concessions to buyers in the form of contributions to closing costs.
2020 & COVID-19 – No need to try to explain or reconcile… However, the ramifications of 3 trillion dollars of economic recovery pumped into our economy resulted in the major effects on the Residential Housing Market. Current lower numbers of homes to be sold – Primarily from the economic shut down and family isolation.
Three Trillion new dollars in our economy and new interest rate standard of 2.5-3.5% which are 1-2% lower than pre-COVID numbers for the average buyer, giving the average buyer 15-25% more purchasing power. (Demand/Increase)
Today - The Good Deal Realty Team – Today enjoys the Top Spot as the #1 Sales Team in our Market and Top 10 sales volume and transactions for over a decade. We currently have 11 Business Partners: Janet, Myke, Kelsey, Mark, Christie, Eric, Bella, Cheryl, Annie, Jazmin, and Thomas – Along with our 10 Administrative Team Members: Rocio, Ruth, Shea, Jared, Courtney, Genesis, Skye, Brianne, Caylen, and Melissa. Making The Good Deal Realty Team the #1 Team in the Inland Empire for number of Administrative Team Member’s to Business Partners – No wonder our slogan is The Good Deal Realty Team – “The Best Part of Your Transaction”.
We look forward to helping you with your Real Estate needs and invite you to experience what over 2,000+ families already have “World Class Customer Service.” Come join The Good Deal Realty Team and feel the difference – Good Deal Realty “The Best Part of Your Transaction” – Make us your choice today…!