New Broker Of Record Leads Real Estate Firm Through Unique 2018 Market & Beyond

New Broker

Dianne Montana Named Managing Broker of Realty Network Group

Ann E. Cappellini, former President and managing Broker of Realty Network Group, officially turned her leadership responsibilities over to Dianne Montana, formerly an Associate Broker with the same firm. “I’m looking forward to working closely with Dianne to help grow the company. Dianne has the experience and creativity to move Realty Network Group forward through a very challenging market,” Cappellini said. “She has been an invaluable company resource and brings a fresh perspective to our firm.”

“This is a unique time to enter the real estate market, whether you’re a homebuyer, seller or real estate professional,” revealed Mark DeStefano, CEO and an owner of Realty Network Group. “We’re lucky we have the experience and dynamic leadership we do, here at Realty Network Group. Though Ann Cappellini is stepping down as the managing Broker of our agency, her ongoing presence through our network is invaluable. She’s a top-notch executive with thirty-seven years experience in our business. Dianne Montana likewise brings experience to our firm with a tremendous understanding of today’s players in the marketplace – homeowners, homebuyers and REALTORS®. She also has a skill for connecting with her colleagues as well as other professionals in the field. We’re excited about her leading our agency into the future.”

Dianne Montana has been with the company from the beginning and was previously acting as both an Associate Broker and the Director of Finance and Accounting Services for the firm. With a Bachelor’s degree in Accounting and several real estate designations, she’s always looking to further her education. “Working with Ann over the past five years has been a constant learning experience,” reflected Montana. “Every transaction in this business is different and having a mentor like Ann has made this a natural transition for me. I love being part of this company and I’m excited about what’s to come.”

Northeastern Pennsylvania shares a challenge not too different from other areas of the country, in that housing inventory levels are some of the lowest observed in sixty years (according to the Federal Reserve Bank of Kansas City). There’s an inventory shortage as active listings in the Greater Scranton area are down 10.7% year-over-year, calculated through June 2018. Locally, new listings coming on the market over the past year have been down by over 6% year-over-year.*

* market statistics from the Greater Scranton Board of REALTORS®

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