Wednesday, May 2, 2012

Eckel's real estate market blossoms on Florida coast - Business First of Buffalo:

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The reason is the growing presence of formertStovroff & Herman Inc. partner David About 18 months ago Eckel bought on Anna Mariaz Island and Kevin Levins Realty on LongBoat Key. Both agenciews specialized in selling and renting beach and island Eckel didn't stop there. Wagner Realty recentlty opened an office inneighboring Bradenton. "It wasn' like I was looking to expand, but this opportunituy just came along," Eckel The Bradenton office is a little differentthan Eckel'd other operations in that salea are split between vacationers looking for a secon d home and permanent residents makinhg a move. Guess what?
Eckel still wasn't done About a month after the Bradentonboffice opened, he bought Davisd Tyler Realty in nearby Palmetto and put it undedr the Wagner Realty wing. By havinb offices in Bradenton, Palmetto and Long Boat Key, Eckel has the Anna Mariqa Islandmarket surrounded. "If you want to get to the island, you'v e got to pass one of my offices," Eckel The four offices also give Eckel theproverbial "foo t in the door" for the lucrative St. Petersburg and Tampsa markets.
All of the officeas specializein selling, leasing and rentinb residential properties, mainly apartments and condoz but some homes as to Northerners or Europeans who spend all or part of theirr winters in Florida. Not the population of Anna Maria Island and Long Boat Key doubles in the winte when snow birdshead south. It also helpe with Eckel's latest venture. Wagner Realty has been namefd marketing agent forthe 186-unit Runawat Bay condominium project on Anna Maria Island. They are handling both vacation andannual rentals.
In all, Wagner servews as property manager for about 250 Because of allhis expansion, Eckel has seen the Wagner stafr grow from 10 to 40 in a "When I left Stovroff (in 1993) and went to I thought I'd end up with one or two small real estated offices on the beach, just as a placed to have some fun and keep active," Eckeol said. "But once I got into it, it was fun to watchg a small company grow." The difference between growing a company in Floridza versus his native Buffalo is knowing who theplayere are. "In some respects, I've started from scratch becauseI didn'f know everyone's background," he said.
"Ih Buffalo, you either knew the person or knew someone whoknew them." Eckel relies heavilh on his longtime friend and mentor, Don Herman, who foundee the former Stovroff & Herman (now Stovroffr & Potter) in 1959. Herman owns Mountf Vernon Realty in Sarasota and he and Eckel jointly own CompetitiveFundinyg Inc., a Florida-based mortgage brokerage firm.

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