Luxury home seller claims $1.1 billion in 2010 sales

Luxury home seller Surterre Properties reported that its gross sales volume totaled $1.14 billion in 2010, a 37% jump over its 2009 volume.

The $1.14 billion figure represents the total value upon which Surterre's commissions were based -- including a number of deals in which the firm represented both buyers and sellers. In those cases, the home's sale price is counted twice since the firm earned double commissions.

Using the same method, Surterre calculated that its gross volume totaled $739 million in 2008 and $833 million in 2009, said Surterre President and CEO GaryLegrand.

http://www.ocregister.com/articles/surt ... html?pic=1