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Derek Gates

Responds Quickly
Ottumwa Realty
76 Closed Sales
$9.1M Total Value
$53K - $410K Price Range
$120.1K Average Price
Prior five years

About Derek

#1 Reason to call me if you are buying or selling, I'm great to work with and I return phone calls!

With 18 years of banking experience, I transitioned successfully to a prominent role in real estate. Formerly a branch manager at US Bank and C1st Credit Union, and most recently the Vice President of Residential Mortgage at First State Bank, I offer extensive financial expertise to clients.

My professional journey showcases a strategic mindset, keen opportunities' sense, and success in navigating both financial and real estate markets. Starting as an real estate investor, I developed skills in market analysis and sound financial decision-making, earning recognition as a shrewd investor.

Recognizing synergy between banking and investment, I transitioned to become a real estate broker. Leveraging market insights and investment strategies, I emerged as a trusted advisor for clients seeking homes and strategic real estate investments.

As a real estate broker, I seamlessly integrate financial acumen with a deep understanding of the property market. Committed to providing personalized guidance, my approach is characterized by transparency, integrity, and dedication to achieving optimal results.

I look forwarding to working for you!
Home Types: House, Manufactured, MultiFamily, Commercial
Years of Experience: 6

Transaction History

Seller Deals

Total Deals
18
Total Value
$1,965,026
Average Sale Price
$109,168
Price Range
$28K - $233K

Buyer Deals

Total Deals
15
Total Value
$1,793,550
Average Sale Price
$119,570
Price Range
$23K - $245K

Production Over Time

1 Year View by Quarter

Seller Deals

Total Deals
35
Total Value
$4,162,076
Average Sale Price
$118,916
Price Range
$26K - $273K

Buyer Deals

Total Deals
30
Total Value
$3,769,050
Average Sale Price
$125,635
Price Range
$23K - $410K

Production Over Time

2 Year View by Quarter

Seller Deals

Total Deals
44
Total Value
$5,116,076
Average Sale Price
$116,274
Price Range
$26K - $273K

Buyer Deals

Total Deals
32
Total Value
$4,008,050
Average Sale Price
$125,252
Price Range
$23K - $410K

Production Over Time

5 Year View

Derek's Listings and Deals

Other Experience

Distressed Properties, First Time Home Buyers, Foreclosures, Investments
Agent License: Iowa ***
Agent Photo

Derek Gates

Responds Quickly