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

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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After earning her bachelor’s degree in journalism at the University of Central Florida, Tracey set out in the real world at Florida Realtors in 1994 as a communication assistant, working her way up to editor in chief of Florida Realtor magazine. In 2004, she left the association to start her freelance writing and editing business. One of her first clients was REAL Trends, and she started working for the organization in 2005. In 2014, Tracey was promoted to editor in chief of publications for REAL Trends. She handles the writing and editing of all REAL Trends publications and marketing materials, including LORE Magazine, the REAL Trends newsletter and the blog. She is also the primary podcast interviewer where she conducts interviews with top real estate industry leaders and affiliated industry leaders. Tracey is married with two children.

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