Vero Beach real estate firm enters Brevard market
INDIALANTIC – Dale Sorensen Jr. said for the past several months it has been hard to not to see or hear mentions in the media about Brevard County’s growing economy.
The Vero Beach-based owner of Dale Sorensen Real Estate is glad to hear it all. It means he made the right decision on opening the firm’s office in Brevard County.
“There are a variety of reasons this is a good market for us,” Sorensen said Thursday at the firm’s open house and ribbon cutting at 436 Fifth Ave., Indialantic, the former home of Danish Interiors.
“While our business in Vero Beach has been very, very successful — we’ve had a lot of growth in our market share — we came to the determination that in order to continue to grow we needed to look at other markets,” he said.
More than 100 people turned out for the Sorensen event to mingle and hear about the firm’s plan to grow on the Space Coast. Dale Sorensen Real Estate started in 1978, has grown to become the dominate player in the Vero Beach and Indian River County areas.
The agency has more than 70 sales associates company wide.
Its entry into Brevard follows the news almost one year ago when Coldwell Banker Residential Real Estate LLC’s acquired Pruitt Real Estate and ERA Showcase Properties & Investments creating what’s believed to be the largest residential real estate company on the Space Coast.
“These are major companies realizing that the market in Brevard County is prime for growth and expansion,” said Mitch Ribak, broker/owner of Tropical Realty Suntree and president of the Space Coast Association of Realtors.
“The housing market continues to grow steady with buyers coming from throughout the United States and beyond,” Ribak said. “Over the past year we have seen an increase in foreign investors coming to the area realizing there is great opportunity with prices almost half of those in Miami. I believe we will have a strong 2014 as our market continues to rise.”