A wide variety of real estate companies list Paradise Valley as part of their service area on their website. The reality of the situation, however, is that relatively few of them actually have sold a property in the past year, if ever. The Paradise Valley real estate market is a higher end market with most sales exceeding $1 million. Some sales exceed $5 million and there is an occasional sale of over $10 million. The potential to generate an enormous commission obviously attracts virtually every agent with a real estate license to salivate over the prospect of listing a real estate in P.V. It is not unlike an agent in an outlying area of Los Angeles dreaming of the day they sell a mega-mansion in Beverly Hills or Malibu.
Because no real estate offices are physically located in primarily residentially-zoned P.V., you have to look to Scottsdale or Phoenix for the location of most real estate companies serving Paradise Valley. Some offices on Scottsdale Road are literally a softball’s throw away from town limits and even in some cases share the same 85253 zip code. At the same time, real estate companies located around 32nd and Camelback or 44th and Camelback are an extremely short drive of under 5 minutes to cross over the Town of PV town border. Because many agents work from home offices or spend relatively little time at their company office, it is quite possible that a realty company even slightly further away might have a wide variety of agents that live in and work the PV market.
The best way to determine the companies that serve the Paradise Valley market is to look at who actually sold properties in the past year. Looking at 2012, there were 450 single family residences sold in PV. Many of these homes were sold by mega-brokerages that have tons of agents all over the Valley. These include companies like Coldwell Banker Residential Brokerage, HomeSmart International, Realty Executives, Realty ONE Group, RE/MAX Fine Properties, RE/MAX Excalibur Realty, Keller Williams Sonoran Living, Russ Lyon Sotheby’s International Realty, and West USA Realty. Smaller brokerages that exclusive concentrate on the high end areas of Phoenix such as Walt Danley Realty and Sandra Wilken Luxury Properties also make the list. Other large brokerages with some business in PV include companies like DPR Realty and Those Calloways. Beyond that, there are a wide variety of real estate companies that have some business in PV including everyone from Arizona Best Real Estate to Congress Realty to REO-specialist R.O.I. Properties to various other Keller Williams franchises.