The one-stop shopping concept at Wal-Mart will soon include real estate.
In the coming weeks, Rim country residents will be able to buy groceries, clothes and a home all under one roof at the Wal-Mart Supercenter.
RE/MAX, one of the world's largest real estate franchises, has joined forces with 1st National Bank of Arizona to allow the 30,000 consumers who pass through Wal-Mart every week to look for a home, list their home, or check mortgage rates.
"Now Payson residents can make progress toward buying or selling a home while getting their shopping done at the same time," said Perry Overstreet, owner of Payson's RE/MAX franchise, Paradise Pines Realty. "It's a one-stop shop deal."
As one of the founding members of Chaparral Pines and the Rim Golf Communities, Overstreet moved to Payson in 1995 to begin selling lots in the exclusive divisions.
"I was on the team at Desert Mountain that started that project in Scottsdale in 1984 and then another fellow and I started Chaparral Pines and the Rim in 1990, and moved to Payson in 1995 to start the sales effort out at Chaparral Pines and the Rim," Overstreet said.
"That lead to us eventually opening a real estate company here in town called Netlink, and in March of 2002, we became a RE/MAX franchise," Overstreet said.
Although RE/MAX still lists and sells 40 percent of the resale properties in Chaparral Pines and the Rim, Overstreet said that the company wants to further their focus on the general community, and a new location in Wal-Mart will help them do that.
"We have nine people on our staff who are somehow associated with Chaparral Pines so it was natural for us to sell resale properties out there," Overstreet said. "But since we have become a RE/MAX franchise, we're concentrating more on the local community than the golf course communities and that's one of the reasons we are very excited about the new Wal-Mart location. We think Wal-Mart is a wonderful venue to expose all types of real estate in Payson and all over Rim country.
"We realize that probably only one or two percent of the people going to Wal-Mart will be potential buyers at Chaparral Pines, but with 30,000 people a week shopping at Wal-Mart, we now have the opportunity to expose properties in Payson, Pine and Strawberry."
Although the RE/MAX agents working at Wal-Mart will occasionally use the office space at 1st National Bank of Arizona, they will primarily be stationed in front of the bank so they can mingle with the shoppers.
"Our association with 1st National Bank of Arizona is wonderful because we can pre-qualify people right on the spot," Overstreet said.
"And we can offer all the services you would get if you went into a real estate company and even more because we have the banker right there with us."
Overstreet sees the new RE/MAX location as a tremendous opportunity for home buyers as well as sellers who can get their property exposed to roughly 4,000 people per day.
"Putting the world's largest retailer together with RE/MAX, the world's No. 1 selling real estate company," Overstreet said, "is a match made in heaven."
To learn more about RE/MAX, contact Overstreet at (928) 468-8613.