Closing Considerations

We’ve been hearing for a few weeks that Lindsey & Associates had one of its worst months on record in September.
In fact, we were told by more than one person that the Fayetteville-based real estate company usually averages about 120 closings per month, but only had 20 in September.
“That’s not true,” said principal broker John David Lindsey.
According to Lindsey, the company did take a slight hit in September, but not as dramatic as some suggested. During a usual September, Lindsey said the company averages about 160 closings.
This past month, it closed on 123 properties.
“We were down a bit, but it’s not crazy,” Lindsey said. “We are real optimistic and think Northwest Arkansas is the best place for this business, so we’re excited about moving ahead in a positive way.”
Last year, Lindsey was the No. 1 real estate firm in the market with $704 million in total revenue.