BrokerPulse

RealTrends Q32021 BrokerPulse sees brokers still optimistic about the market, wary of competition and wondering when inventory will rise.

2021 RealTrends Brokerage Compensation Report

For the study, RealTrends surveyed all the firms on the 2021 RealTrends 500 and Nation’s Best rankings, asking for annual compensation data for the 2020 calendar year.

Knock.com’s Sean Black on the transaction revolution

Real estate is on its third revolution, from the digital revolution of the early 2000s to the information revolution kicked off by Trulia and Zillow to today's transaction revolution.

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ERA Real Estate Expands Florida Presence Through Affiliate’s Growth

ERA Real Estate Expands Florida Presence Through Affiliate’s Growth

ERA Real Estate, a global franchising leader, announced that its franchisee, ERA Real Solutions Realty in Cincinnati, has acquired the Fort Myers-based Right Choice Realty. Through this acquisition, ERA Real Solutions will nearly double its independent sales agent count and expand into three offices in Fort Myers, one of the fastest growing cities in the country, according to the Census Bureau.

The expanded company will now operate with more than 415 agents, 9 offices, and $650 million in annual sales. Founded by Jeremy Raby in 2007, ERA Real Solutions Realty has grown to be a leader in the central and southern Ohio metro areas – offering customers property management and relocation in addition to standard real estate services. The acquisition of Right Choice Realty, which will rebrand as Right Choice Realty ERA Powered, includes its in-house title company, which Raby plans to bring to his Ohio offices.

“ERA Real Solutions Realty is the perfect example of growth through acquisition and success through ancillary businesses,” said Simon Chen, president and CEO of ERA Real Estate. “With strongholds in these two markets, ERA Real Solutions now has the ability to create a powerful and complementary referral system between its agents and offer consumers more value-add services.”

Fort Myers is a hotspot for Ohioans who are looking to purchase their second homes, a big factor in Raby’s decision to expand into the area.

“Our goal is to create a pipeline of business from Ohio to Florida,” says Raby, a Cartus Platinum broker who plans on bringing his company’s relocation services and property management to the Florida offices. “By introducing the ERA tools, products, and services, the productivity per agent in Florida should sky rocket as they have in Ohio.  I am excited to connect with like-minded agents and company owners who might be interested in a new opportunity with ERA.”

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