Past Corporate Colleagues to the Present Amy and Noreen Team of Lang Realty

Noreen Payne and Amy Stark Snook are well known around town. You can find them showing properties in Delray Beach and surrounding Southern Palm Beach neighborhoods, dining and shopping along Atlantic Avenue, networking at the Chamber of Commerce, and giving back at many local charitable events.

While many may know their name, many may not know that they are a powerhouse female real estate team that supports the local community, their clients and new realtors.

“Being involved isn’t just about giving back; it’s about building a stronger, more connected Delray Beach,” said Noreen. “Through our engagement with local nonprofits and organizations, we not only make a positive impact, but also forge lasting relationships that benefit our clients and the community as a whole.”

“We service our clients and keep them informed throughout the process. Our clients are excited to refer us. The recipe of success relates to a balance of work, life and giving back,” said Amy.

With over 20 years of real estate experience at your disposal, the Amy and Noreen Team at Lang Realty pride themselves on providing clients with a stress-free real estate experience, every step of the way. They have helped their clients navigate the real estate market throughout Palm Beach County.

Noreen and Amy collaborated successfully in Corporate America 27 years ago, where they both received training under a shared corporate culture. This training instilled in them similar values, work ethic, professionalism, and sales/service etiquette, providing a strong foundation for their careers. Reuniting in the real estate industry was a natural fit for Noreen and Amy, allowing them to leverage their complementary skill sets to deliver ideal solutions for their clients

Although Noreen and Amy can perform each other’s roles interchangeably, they collaborate to strategically divide tasks and maximize efficiency in their work. Amy, with her analytical mindset, thrives on analyzing listings, pricing, and negotiating contracts to successful closings. Noreen excels in matching buyers with their ideal homes, leveraging her deep knowledge of the area and various communities. She also specializes in marketing and showcasing the team’s listings effectively to potential buyers. Together, they develop comprehensive marketing strategies to showcase their listings and provide exceptional service to clients.

Noreen is deeply committed to the local community, actively involved in leadership roles within several local non-profit organizations including The Greater Delray Beach Chamber of Commerce, The Achievement Center for Children & Families, Impact 100 PBC, and the Business Development Board of Palm Beach. She maintains strong relationships within the community, leveraging her network for the benefit of clients.

Meanwhile, Amy dedicates her time to the real estate industry, serving in various capacities within Florida Realtors and the Women’s Council of Realtors. Her involvement allows her to stay informed about industry trends and best practices, ultimately benefiting the clients we serve. Additionally, Amy co-chairs Lang’s Community Outreach committee under the Lang Cares program which focuses on supporting those at risk within the communities.

Led by Amy and Noreen with their strong corporate background, industry knowledge and community involvement, the team has grown to include Paige Mercado, the Team Support Specialist and dynamic newer agent Namrata Israni. Together they make up The Amy and Noreen Team.

Lang Realty and our Broker, Scott Agran, are committed to the success of every agent within the brokerage. The leadership team at Lang, along with the administrative support team, dedicate their efforts to providing cutting-edge tools and resources for effectively marketing and selling our listings.

Amy serves as one of the Assistant Managers at Lang and is privileged to participate in the weekly leadership meetings. This firsthand involvement allows her to witness the dedication of Lang Realty in ensuring its agents thrive and stand out in the industry. The culture at Lang Realty is characterized by strong support and camaraderie among team members. Despite being a large Palm Beach-based company, Lang fosters a more intimate and close-knit setting or culture. This unique combination allows for a supportive environment where individuals feel valued and connected.

One notable aspect of Lang’s culture is its agility. Despite its size, Lang can quickly implement new ideas, innovations, and strategies. This nimbleness enables the company to adapt swiftly to market changes and continuously improve services for agents and clients alike. The culture at Lang embraces creativity, collaboration, and responsiveness, fostering an environment where individuals can thrive and contribute to the company’s success.

Amy and Noreen treat their clients like friends and their business focuses on their relationships with their clients.

Their clients praise them for helping them with all their real estate questions.

“Above the rest and beyond the best! That was our experience with the Amy and Noreen Team. Buying and selling a home at the same time can be beyond stressful, but Amy and Noreen made the whole process an absolute breeze! Their team was on top of everything, every single step of the way. They went above and beyond in every aspect to ensure outstanding results. Their level of professionalism, knowledge and expertise cannot be overstated. They are top-notch, and we could not be happier that we chose them. We highly recommend The Amy & Noreen Team to anyone buying or selling a home!” stated a happy client.

Another client stated, “Amy Snook and Noreen Payne are very experienced in their communication skills, their marketing strategies and are anticipatory of the expectations of the potential buy-ers. Both are very professional and knowledgeable. I get updated all the time about viewings, comments and offers from buyers. I highly recommend Amy and Noreen for their excellent work in the real estate business.”

April 2024 Market Report – By Amy Snook

April 2024 Market Report – March 2024 Data

Tune in to the news, and you’ll likely catch discussions about the impact of high-interest rates on the real estate scene. However, here in Palm Beach, Florida, nearly 50% of our property transactions are cash-based, painting a different picture from what’s typically portrayed on your evening news. Sellers, take note: while half of our market involves financing, leading to appraisal considerations, pricing remains a crucial factor.

Many inquire or rather assert, that prices are on the decline in Palm Beach County. Contrary to popular belief, our prices have actually risen compared to the same period last year. Interestingly, both median and average prices have increased. It’s worth noting that the average surpasses the median due to the prevalence of higher-end homes in our county.

For those who’ve been following our market reports over recent months, you might recall my mention of a significant rise in inventory from last year, bringing us closer to healthier pre-pandemic levels. However, March 2024 numbers show a decrease in total inventory from the previous month. Why? Although closed sales are up, the rate of new listings entering the market has slowed compared to the prior month of 2024.

We’ve slipped below the $600,000 price point, transitioning back into a seller’s market. Sellers should bear in mind that we still have more inventory than this time last year, meaning competition remains stiff. Hence, pricing, staging, and every detail must be meticulously addressed.

In the $600,000 to $999,000 range, we’re once again in a balanced market, with neither sellers nor buyers holding a significant advantage. Precision in pricing and contract drafting is paramount here, making the choice of your real estate partner more crucial than ever.

In the luxury market, there’s positive news for sellers: we’ve decreased from an average of 12 months of inventory, indicative of a strong buyer’s market earlier in the year, to 8.1 months, slightly favoring buyers. However, many overpriced listings still linger, prompting a reevaluation of comparables and pricing strategies. It might even be time to reassess your listing’s marketing approach, as a scarcity of homes amidst high demand could draw more attention to your property.

We’d be delighted to sit down with you and delve deeper into the current market conditions.

Total months of inventory have decreased across all categories, despite a slowdown in listings, with list prices holding steady.

 

Amy Stark Snook