Michael J. Chious
CEO, Broker of Record
Mr. Chious brings an extensive background in Real Estate. For the past 19-years , as a licensed Realtor Mr. Chious has been based in downtown San Diego. He was one of the first Prudential California Real Estate agents that worked out of the Koll center and Harbor Club Tower Satellite offices. He then joined the Prudential New Homes Group in 1999, Mr. Chious joined Intergulf Development Corporation as a lead salesperson for their inaugural U.S. project, Treo, a high-rise condominium located in downtown San Diego just blocks away from his current Real Estate office. He was personally responsible for the sale of 115 of the 328 homes. The project yielded revenue over $126,000,000.
While personally managing every aspect of the sales process. Mr. Chious became extremely knowledgeable in the new home sales process. While working on the second Intergulf project called La Vita he personally sold 150 of the 304 homes in this Little Italy community that delivered over $111,500,000 in revenue. He was able to assist his buyers and close out his 150 sales only three months after a certificate of occupancy was granted. Mr. Chious experienced similar success with Intergulf’s Alicante project, a 96-unit condominium in San Diego’s Bankers Hill. As the Sales Manager for this project the community was sold in record time and produced $57,000,000 in revenue.
In 2006 Mr. Chious became the General Sales and Marketing Manager-Broker of Record for Intergulf’s USA operations. He was responsible for the Breeza and Astoria projects his responsibilities included the oversight of the sales staff, establishing mortgage relationships, property management coordination as well as extensive marketing during the downturn in the Real Estate market. Mr. Chious also managed the entire Department of Real Estate process, which entailed public reports, disclosures, CC&R’s, and project phasing.
During his career with Intergulf Development, Mr. Chious has been responsible for the oversight of five large high-rise projects totaling over 1132 units with a combined sales volume of $385,500,000.
In 2011, during the final phase of the sales at the Breeza community. Mr. Chious purchased one of the four commercial spaces at 868 W. Ash St. 92101 within the Breeza building. He created and Brokered JMR Real Estate Group which focused primarily on traditional Real Estate sales. Within a year of operating Michael Chious placed 8th among 100 Realtor’s in total sales activity within the (downtown) 92101 zip code. He has ranked in the top 10 every year since.
In 2013 Mr. Chious decided to brand his Little Italy office location with Pacific Sotheby’s International in order to take advantage of “top shelf “International marketing.
In 2017 he learned that the marketplace was changing rapidly and International buyer’s in San Diego dropped to the lowest levels in 9-years or 3%. He also wanted the authority to make his own decisions in a very competitive market place.