BrokerageFloridaIPO / M&A

United Real Estate grows again with 400-agent Florida merger

In its fifth merger of the year, United Real Estate announced that a Jacksonville-based brokerage has joined United’s national network in a merger. The firm, formerly EXIT Real Estate Gallery, will operate as United Real Estate Gallery moving forward and retain all leadership.

The partnership of United, the 8th largest brokerage firm by transaction sides in the nation, per the RealTrends 500 rankings, comes on the heels of a merger with Pearson Smtih Realty, which brought 1,000 agents to the company. This expands United’s Northeast Florida network by 400 agents and eight locations.

“We wanted to grow faster and provide resources for our agents to compete in any market. After an extensive period of due diligence considering many paths forward, we determined United is the forward-thinking partner who will help us achieve our goals,” said United Real Estate Gallery Chief Executive Officer, Raymond Rivera, in a statement.

United’s global network now includes more than 21,000 agents and 630 offices.

“This leadership team will continue to drive all local decisions and influence our company at a national level. We will learn as much from them as they will from us, and that’s essential to our strategy for smart growth,” said United Real Estate President, Rick Haase, in a statement.

The alliance adds to United’s existing offices in Jacksonville, Miami, Fort Lauderdale, Fort Myers and Orlando, and follows mergers with Pearson Smith RealtyPlatinum RealtyLeading Edge Real Estate GroupTexas United RealtyVirtual Properties RealtyBenchmark Realty, and Charles Rutenberg Realty Fort Lauderdale.