David: Hi, this is David Moya with VideoSellsRealEstate.com. Today I’m here with Mark Marquez, he’s the managing partner at Pacific Sotheby’s International Realty and a Poway Luxury Homes Specialist. I wanted him to give us a big picture for what happened in 2014 and what’s the outlook for 2015. Thanks for being here Mark.

Mark: Thank you David, it’s a pleasure to be here. We’re excited, 2014 as a company we just finished over $2.2 billion in sales in countywide, that’s in San Diego only. We’re very excited because at least in the Inland Corridor which is my territory, we just brought on a bunch of new folks, our roster is about 45 people. For the Inland Corridor office we’re seeking to do about 300 million next year in sales just in our territory. We have 23 offices as a company now and in the Inland Corridor we’re hoping to do about 300 to 400 million. So we’re very excited. Interest rates are low, we’re seeing a lot of activity in the high end, we’re seeing multimillion dollar property sell at a much brisker rate now than we saw in the past. So we’re seeing the overall market doing very well.

David: Thanks. What’s the outlook for 2015?

Mark: Well 2015 we’re anticipating more of the sales with some more growth. As a company we’re hoping to do about $3 billion plus. We’re going to keep our rosters as a company from 600 probably grow to about 700 plus, and also retain all the folks that we’ve had and been able to recruit. So we’re very excited with the outlook, it’s very positive. We shouldn’t probably see an increase in interest rates as we get past summer but we’re also going to see a decrease in FHA mortgage insurance premium shortly, so we’re very excited. It’s all forming up with the cost of oil, $50 a barrel last, it’s all forming up for positive things for the real estate market.

David: Right, what is the market up going on in 2015?

Mark: Well I’m very excited because my personal real estate team, we do a lot of referral based business. I have a team of like three. We go into the new year with a tremendous amount of new listings that we haven’t seen in sometime, at least pre-crash. So since 2007 our business levels are the highest we’ve ever been going into the new year. So I think we just inventoried about 12 to $15 million worth of new listings that we’re putting active and bringing the marketers, so we’re very excited this year. On a personal level my own personal production is setting up to be a record breaking year for myself.

David: Fantastic. We hope to be involved with that for sure.

Mark: Absolutely, I really appreciate your videos and the marketing tools and I might add that the marketing, I am especially excited with one of your advanced tools like video which will become a mainstay in the marketing platform is imperative. I think as you showcase any listing now, the more advanced marketing tools that you can provide it sets us apart from our competition.