realestate

Real Estate Industry Update: Insights from Top Brokerages

Real Estate Firms Make Strategic Acquisitions and Partnerships Nationwide.

T
he US brokerage landscape is constantly evolving with frequent mergers, acquisitions, and expansions. Here are some of the latest developments across the country.

    Real Brokerage Inc. has welcomed ROVI Homes to its network, adding 150 agents and pushing its total count beyond 23,000. Founded by Steve Rovithis in 2015 as a three-agent startup, ROVI Homes is known for high-end property marketing and specialized agent services. The company's decision to join Real was driven by the firm's culture, technology, and commitment to agent success.

    ERA Real Estate has affiliated with ERA Experts, a multi-office brokerage serving clients across central and southeastern Texas. Led by brokers Matt Menard and Greg Young, ERA Experts aims to double its production within a year through strategic acquisitions and recruiting new agents.

    Century 21 Custom Home Realty has acquired Monarch Realty Group in southeastern Massachusetts, significantly strengthening Century 21's presence in the region. The combined operations now include four offices and 60 independent agents.

    EXIT Realty has expanded into seven US markets across the South, Northeast, and Midwest, opening offices in Florida, Tennessee, Kentucky, Virginia, Illinois, Minnesota, and New York. Despite challenging real estate sales, EXIT Realty aims to "shatter records" with explosive growth in 2025.

    Corcoran Group has announced expansions of franchises in Toronto, Canada, and Italy's Cortina region. Corcoran Horizon Realty has opened a new office in downtown Toronto, while Corcoran Magri Properties has launched an outpost in Cortina d'Ampezzo to target upscale clientele.

    Christie's International Real Estate has re-entered Thailand by partnering with luxury sales expert Chinnatatt Sirichai to launch Christie's International Real Estate Thailand. The firm will cater to high-end property markets in Bangkok and Phuket, leveraging Christie's global luxury network.

Real estate brokers discussing industry insights in office meeting.