Carriene Porter is a branch broker for Presidio Real Estate – South Valley, a full-service brokerage specializing in the buying and selling of commercial and residential real estate, and property management. Based in Utah, the genuine care for their agents is at the very core of Presidio. The education and benefits the company provides to foster their success sets them apart from the sea of large brokerages and attracts agents far and wide. It is also the model that has led Presidio to become Utah’s largest privately and locally owned brokerage, with nine locations across the state. As a successful real estate professional who has brokered six offices and was co-owner of four brokerages in the Salt Lake Valley, Carriene leads Presidio’s newest—and only—office in Salt Lake County. She does so with the same passion for the industry and for helping her agents thrive that has driven both her stunning career and the remarkable success of her agents for 20 years.
“My greatest pleasure is seeing others reach their goals,” Carriene says. “We take care of everything for our agents and give them all the tools they need to be successful, from education and training to teach them how to build their own successful businesses to free business cards for life, and even free key boxes and yard signs.”
With the Utah real estate market exploding from the huge influx of people moving into the state for multiple reasons, including the tech boom in the region, Carriene is celebrating the financial windfall for her growing team of nearly two dozen agents as a result of Presidio’s unique flat-fee model designed to put more money in her agents’ pockets. As many areas across the U.S. are experiencing a slowdown in the real estate market due to the pandemic, Utah stands as a shining outlier with closings moving at a historical lightning-fast pace. Carriene’s home buyers and sellers are happy, and her agents are reaping the rewards from not only a thriving market, but from Presidio’s commitment to its mission to give back more—much more—to their agents.
“We are in a seller’s market right now. Anything under $300,000 is selling in under 10 hours, with multiple offers, and anything above $350,000 is gone in about 48 hours,” Carriene says. “My team is handling multiple, simultaneous listings, and while agents at larger brokerages get about $9,600 for selling a $400,000 home, my agents get $11,251—and we absorb most of the expenses.”
In addition to a fee model that strikes awe in its agents—and larger brokerages—Presidio offers a cache of benefits unheard of in the industry, all born from its founder, Jennifer Yeo, who nine years ago was determined to build a brokerage different from the rest, one in which all people thrive—not just the brokerage. It was Jennifer’s passion and Presidio’s philosophy that coaxed Carriene from her comfortable life after a long, successful career to join the firm in 2019.
After nearly 20 years in the industry, heading up and owning brokerages, Carriene had just finished her last big career venture as co-owner of a brokerage with 250 agents and settled into her new independent, solo brokerage with four or five agents. Then she met Jennifer surreptitiously through a real estate transaction, and their meeting changed everything. “I was enjoying a very simple life in real estate at that time, and I wasn’t looking to lead another big brokerage firm, but I was so impressed with the company and what they offer, I just had to join,” Carriene explains.
As the passionate leader of a newly minted Presidio office, Carriene is living her dream as she guides her blossoming team. So, too, are her agents, whose careers—and lives—are thriving with astounding success.
Branch Broker, ABR, AHWD, PSA, RENE
Presidio Real Estate – South Valley
10610 S. Jordan Gateway, Suite 100
South Jordan, UT 84095