Xena Vallone Realty Opens Pinellas County, Florida, Office

Declining Real Estate Inventories Drive Sarasota Firm to Expand Northward into Pinellas County

2012-03-05

SARASOTA, FL, March 05, 2012 (Press-News.org) Xena Vallone Realty, a Sarasota, Florida-based residential and commercial real estate firm, has opened a Pinellas County office at 13575 58th Street N., Suite 200, Clearwater, FL 33760.

The brokerage that opened three years ago with the belief that boutique firms offering personalized service would be the ones to emerge from the ruins of the housing collapse, is ahead of the curve once again with a solution to the declining inventory of affordable waterfront properties in the Sarasota area.

"Buyers who cannot find what they are looking for in Sarasota and Bradenton will often expand their search to areas north or south of us," said Broker-Owner Xena Vallone. "We felt there was a need to expand our company to fill that void."

"In the last few years we have noticed that quite a lot of our Canadian and European buyers have not been able to find enough moderately priced homes near the water in Sarasota, and have been purchasing homes or condos in St. Petersburg and Clearwater," said Vice President David Vallone. "We felt that rather than turn away potential buyers, we would offer our services up there."

Pinellas and Hillsborough counties offer a larger stretch of beach and waterfront than the Sarasota area and therefore have more inventory to choose from at an affordable price range, he said.

Xena Vallone was among the first to recognize the need for real estate agents to become short sales and foreclosure specialists, even before she opened her firm in 2009. A year after the company opened, with climbing market share, she moved the firm to an expanded office on Osprey Avenue, near Siesta Drive, a strong location to focus on waterfront and island properties while maintaining a strong presence in all of Sarasota and Manatee counties.

The Pinellas County office is located on 58th Street N. off Ulmerton Road, less than two miles from U.S. 19. Vallone said she plans to keep the office small, in accordance with the boutique approach. "We can expand to accommodate as many agents as possible, but we are not trying to turn it into a large brokerage," she said. "We want to maintain the same flavor as the one here in Sarasota." Telephone: (727) 538-4116.

Referrals are welcomed.

Xena Vallone Realty is a Sarasota, Florida-based real estate firm offering residential and commercial real estate services, property management and vacation rentals.

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