It’s no accident that Top Agent and Broker Michael Palermo named his real estate agency Palermo Real Estate Professionals. This boutique agency based in South Tampa caters to the luxury homebuyer—business owners, doctors, lawyers, and executives. His clients are professionals like Michael himself, who is not only a Realtor®, but also a licensed Florida attorney. He knows that his busy, detail-oriented, and savvy clientele expect personalized service and professional business acumen.
And that’s exactly what Palermo Real Estate Professionals delivers. “We’re a smaller, more personal company. We pay attention to detail and provide our clientele with customized service,” Michael says. That personal service has pushed Michael to the top 1% of Realtors in the Tampa Bay area and has established a loyal following…over 90% of Michael’s clients are referrals or repeat customers.
Becoming a REALTOR® was a natural transition for Michael, who started his career as a lawyer working in the transactional real estate department of a large law firm. “I wanted to run my own business and chose to focus on title insurance and closings on the legal side.” he says. “There was, and is, a natural fit with title insurance and real estate sales.” He established Palermo Real Estate Professionals in 2002.
Today, Palermo Real Estate Professionals has a roster of over 30 agents and ranks as the fourth largest independent real estate company in South Tampa for sales volume. They are the tenth largest company for sales volume among all real estate companies in South Tampa, including the big name franchises.
On the legal side, Michael offers title insurance and closing services through his law office, Michael J. Palermo, P.A. – a service utilized by a majority of the brokerage’s clients. Utilizing in-house title services is extremely advantageous to Michael’s clients. “We have direct knowledge of what’s going on at every stage of the transaction and can communicate that information to our clients at any time. If an issue arises, we’re the first to know and can address the issue before it becomes a real problem,” Michael says.
Top real estate agent in Florida Michael Palermo cites his legal background, negotiation skills, intimate knowledge of the Tampa Bay area, and a stellar reputation with other agents as four things that give him a competitive advantage in the marketplace. “I was born and raised in South Tampa, so I know the area very well and can properly advise clients during their decision-‐making process,” he says. Quite often, buyers and sellers in the luxury market not only want to buy or sell quickly, but also discreetly. Relationships established over 16 years in the Tampa Bay luxury market help Michael successfully market properties not listed in the MLS. It’s that extra level of expertise, Michael’s clients say, that makes all of the difference.
Clients who have worked with Michael often remark upon his honesty, knowledge and experience. “I communicate with clients in a very straightforward and honest manner,” he says. “I never want them to feel like they were sold a ‘bill of goods.’” In fact, Michael runs his entire business based on one tenet: “Always do the right thing,” he says. “It’s very simple and straightforward.”
As both a broker and a business owner, there are multiple aspects of the real estate business that Michael finds rewarding. “From the client standpoint, I’m always pleased when I can help others achieve their real estate goals, especially when those goals may at first seem unreachable,” he says. “It is also very rewarding to train the agents in my office, help them develop and succeed professionally and, at the same time, watch the company grow and prosper.”
Michael believes in giving back to the community he serves and supports several local and national causes, including the, Boys and Girls Club, SPCA, JDRF of Tampa Bay, HCSO Charities and Jacob’s Touch Foundation, a charitable organization for autistic children founded by a Palermo Real Estate Professionals agent in honor of her son.
To learn more about Michael J. Palermo of Palermo Real Estate Professionals, call 813-629-3181, or email [email protected]