Downtown NC

Officers

Michael Otelsberg - Director 2 Years

I have been in the Real Estate business since 1998 and have lived in Wilmington since 2000. I just love it here. I enjoy all the area has to offer from walking the Downtown River Walk to boating up & down the Intracoastal. From spending a day at one of the Coastal Beaches to visiting the Historical Sites around the region. It really is easy to sell something you believe in.

I started my career in Northern NJ, just outside New York City at the age of 18. I began working as a rental agent and worked my way up and managed a successful Century 21 franchise in that area. After visiting family in Wilmington, I made the decision to move. Since then, I am amazed at how many trailing family members & friends have followed. It really confirms that Wilmington and the surrounding area is really a great place to live and do business.

I have served on various committees for the Wilmington Association of Realtors including government affairs, grievance committee (chairman), long term planning and the candidate selection committee. I have also taken a strong roll in Affordable Housing. I have served as co-chair for 2 Affordable Housing Summit & Expos.

Additionally, I have personally invested in residential and commercial real estate over the last 30 years. I have experience both in buying and holding real estate as a landlord and rehabbing properties. I currently own and manage several rental properties locally and I am a subdivision developer. I also am a founding member of the local REIA (CCREIA, Coastal Carolina Real Estate Investors Association) and have served as President of this non-profit trade association.

I believe in “Quality over Quantity” and it really shows with my work ethic and style. I am not part of any team, I answer the phone when you call and I am usually the 1st person at the office in the morning and the last one to leave at night. I am a consultant first, making sure the customer is making the right decisions and an agent next and I hope a friend last. A lot of my customers come from referrals and past sellers & buyers.

My wife, Tracey and I have 2 sons. As a family we enjoy spending as much time together as possible. My family and I love Wilmington. It’s Like Living On Vacation!

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