Company Profile: NorthStar Real Estate Associates
Overview
NorthStar Real Estate Associates is a full-service residential and commercial real estate brokerage based in Edina, Minnesota. Renowned for its technological advancement, the firm aims to enhance the real estate experience across Minnesota by delivering innovative solutions for clients involved in buying, selling, leasing, or investing in properties.
Key Services
NorthStar Real Estate Associates offers comprehensive services, focusing on both residential and commercial real estate transactions. They integrate advanced technology to streamline the property transaction process, benefiting customers and agents by ensuring a smooth and efficient experience.
Company Highlights
- Location: 7300 Metro Blvd #310, Edina, MN 55439
- Contact: (651) 451-2850
- Active Listings: 69
- Sales Record: 139 properties sold recently
Customer Feedback
The agency has garnered a strong reputation, with an average rating of 5 stars based on 41 customer reviews, highlighting their focus on excellence in service delivery. However, the company is not currently accredited by the Better Business Bureau.
Leadership and Team
NorthStar Real Estate Associates comprises 25 agents, dedicated to maintaining high service standards and continuous professional development. While specific leadership roles are not detailed, the organizational structure supports a robust leadership framework, crucial for its operations.
Technological Edge
Emphasizing a strong technological foundation, NorthStar Real Estate Associates positions itself as an efficient and effective manager of real estate transactions. Technology underpins their ability to minimize client stress and maximize transaction benefits, distinguishing them in a competitive market.
Market Position
As one of Minnesota's premier brokerages, NorthStar Real Estate Associates is client-focused, striving to deliver exceptional real estate experiences. The company aims to expand its service offerings continually, enhancing transaction ease through various buyer and seller services, including off-market opportunities and updated listings.
Competitor Profile: NorthStar Real Estate Associates
Overview
NorthStar Real Estate Associates operates with a commitment to innovation, standing out as a technologically advanced residential and commercial real estate brokerage. It adopts strategic measures to cater to diverse client needs effectively.
Key Competitors
- Gold Compass Real Estate: Headquartered in Littleton, CO, this firm is distinguished by its exceptional personal service, catering to home buyers, sellers, investors, and agents in the Metro Denver market since 2016, with a focus on luxury and mountain properties.
- VA Local Homes: Located in Haymarket, Virginia, this competitor excels in facilitating local property transactions and real estate investment strategies, maintaining a strong regional presence.
- KALEO Real Estate Company: Operating from Glendora, CA, KALEO offers comprehensive services in property management and real estate investment, lauding its organizational health and a client-centered approach. The company employs about 51 individuals, generating an estimated $6.4 million in revenue.
Performance and Strategy
NorthStar Real Estate Associates differentiates itself through advanced technology integration and a customer-centric approach. The firm's digital platform supports clients in making informed real estate decisions by showcasing active, under-contract, and sold properties. While detailed revenue and employee numbers are undisclosed, the emphasis on technology-driven services marks a competitive edge in the market.
The strategic understanding of NorthStar Real Estate Associates' operations, including its competitive landscape and market position, is essential for developing effective communication strategies and leveraging opportunities in real estate engagements.
