Skogman Commercial exceeded $500 million in closed transaction volume across all its markets in 2022 for the first time in company history, according to a news release from the real estate firm.
The company also led the Corridor in closed volume and percent of transactions completed across all commercial property types.
“Reaching more than half a billion dollars in closed volume is a remarkable achievement,” said Todd Bergen, vice president of Skogman Commercial, in a release. “I’m also proud to say our agents participated in more than 20% of all commercial related transactions in the Corridor.”
In addition, Skogman has launched the area’s first commercial agent certification program. It provides highly structured commercial agent education over 12 months.
The inaugural program, launched in February 2023, has accepted 10 prequalified agents, five based in Cedar Rapids and five based in Coralville. Skogman plans to select and train a new class of agents annually.
“Outside of national accreditation programs, there are very few opportunities for formal commercial agent education,” Mr. Bergen said. “Commercial real estate requires not only specific technical skills, but also transaction experience gained over many years. We’re committed to serving the corridor market for many years to come and to do that we’re investing in our people today. Ultimately, this will benefit all our commercial clients.”