A new Real Estate Company in town?  No, just a new name on an old favorite. 

On January 1, 2008, Powell Realty became Avalar Minnesota.  “Avalar is the fastest growing national franchise in the real estate market today,” says Reg Powell, broker/owner.  “We are still a family owned business, but being affiliated with Avalar offers some key benefits to our agents.  In this market, we need exceptional agents working for us.  These are the agents whom buyers and sellers are selecting to represent them in their transactions.  By taking care of our agents, our clients are assured they receive the best professional advice and service this industry has to offer.”  Avalar offers their agents a patented retirement program based on revenue sharing; something agents have never had.  Additionally, affiliation with Avalar allows us to take advantage of top-notch training programs and technology as well as the ability to network with the other 100+ franchises across the nation.

Another change for Avalar Minnesota is our new office location.  We, with our sister company Powell Homes/Remodeling, have moved into our new office space at 616 Railroad Drive – just down the road from the old Post Office.  We’re now in the heart of old Elk River!”

While much of the recent news about the economy and housing market remains negative, Reg Powell remains realistic and upbeat.  “Now is a fantastic time to purchase a house.  There are many remarkable properties for sale and interest rates are at all-time lows.”  Investment, residential, commercial, farm land, vacation home, lake and riverfront properties are all available.  

Our goal is to make sure home sellers get their best offer, and as quickly as possible.  We utilize home staging to present each home in its best light.   We educate our sellers in what it takes to sell a property in today’s market and we educate our buyers in what to expect and how to proceed.  We want our buyers completely delighted with their new home, and part of that is knowing the value of their new purchase.