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The brokerage business is constantly evolving with frequent mergers, acquisitions, and milestones. Here are some of the latest developments across the US.
Clearview Realty, an independent New Jersey-based firm, has merged with KW Integrity. John Schlaffer, founder of Clearview Realty, brings his 25 agents to the KW market center. The merger signifies a strategic union, according to Christopher Stevens, regional director of KW's New York Tri-State and Manhattan Regions. Schlaffer will lead the KW Integrity market center as team leader, effective December 1.
United Real Estate has strengthened its foothold in Greater New Orleans with a merger between South Louisiana franchise United Real Estate | Partners and Real Estate Resource Group. This is United's second merger in the region this year, bringing their agent count to nearly 200. Agents will work out of United Partners' three offices in New Orleans, Metairie, and Mandeville.
The Corcoran Group has expanded its global presence with the opening of its first franchise office in Mexico, Corcoran The Baja Real Estate Co., led by Blake Harrington. This comes on the heels of an announced expansion in the Bahamas.
Century 21 Real Estate is growing its network with a new affiliation on the West Coast and three new master franchise agreements in Greece, India, and the United Arab Emirates (UAE). Pacific Realty, based in Long Beach, Washington, has joined the Century 21 brand. The firm will leverage the brand's resources to improve its capabilities and grow its reach.
Century 21 is also pursuing international growth with global franchise agreements expanding its presence in Europe, South Asia, and the Middle East. Antonios Kallas and his sons will oversee the development of the Century 21 network in Greece, while Charles Tarbey will oversee franchises in India and the UAE.
Top producers Nick Granoski and David Weil have left Compass to launch their Pacific Trust team on the Side platform. The duo achieved $37.5 million in sales in 2023 and have a combined lifetime sales volume exceeding $2 billion.
