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Realty Austin and REILLY REALTORS® Join Forces to Become Market Leader in Austin

Feb 13, 2019 1:50:06 PM

Realty Austin and REILLY REALTORS® Join Forces to Become Market Leader in Austin

Combined company will have a seasoned leadership team, industry-leading agent tools, the top two local Austin real estate websites, and 585 agents with almost 10% market share.

Realty Austin, the top independent residential real estate firm in Austin, with 450 agents and $2.85 billion in annual sales, is pleased to announce the acquisition of REILLY, REALTORS®, the #3 independent firm in Austin with 135 agents and over $520 million in annual sales. Both firms foster innovation, empower agents to reach their full potential, give back to the Austin community, and consistently rank among the top 3 workplaces in AustinWatch our announcement video.

"REAL Trends was honored to provide valuation and merger advisory services to both firms," says Steve Murray, president of REAL Trends. "This was a true merger of some fantastic firms."

 

Realty Austin and REILLY REALTORS join forces to become real estate market leader in Austin, Texas. Combined company will a have seasoned leadership team, industry-leading agent tools, the top two local Austin real estate websites, and 585 agents with almost 10% market share. Realty Austin co-owners Jonathan and Yvette Boatwright (pictured right) acquire Reilly Realtors, owned by Michael and Shae Reilly (pictured left).

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