T
he brokerage industry is constantly evolving, with frequent mergers and acquisitions shaping the landscape. Here are some of the latest developments across the US:
BHGRE has welcomed a new affiliate in California's Golden State. Better Homes and Gardens Real Estate Platinum Realty Group, led by Christy Rabe, specializes in residential and commercial transactions in Kern County. Rabe, a 20-year industry veteran, founded the firm in 2018 and values its boutique vibe. BHGRE President Ginger Wilcox praised Rabe's team for embodying the brand's commitment to community, personalized service, and client satisfaction.
RE/MAX has expanded its presence in Southern California with the addition of 3 Leaf Realty, now operating as RE/MAX AEGIS. Founder Jerry Carew cited the brand's systems and prominence as key factors in his decision to partner with RE/MAX. The firm will continue to focus on Los Angeles County's South Bay region.
In Wisconsin, RE/MAX Results has acquired RE/MAX Affiliates in Chippewa Valley, adding 28 agents to its roster. Co-owners Kristy Tauger, Bob Ritsch, and Krag Blomberg will serve as sales executives at RE/MAX Results, while Marty Tauger joins as managing broker.
Century 21 is experiencing a growth spurt with two mergers and acquisitions, expanding its presence in Central Florida, South Carolina, and California. Century 21 Integra has acquired Century 21 Diamond in South Carolina, adding offices in Hilton Head and Bluffton. The firm's CEO, Jim D'Amico, expressed excitement about the expansion.
In Northern California, Century 21 has snapped up Kobetz Realty, Inc., its new affiliate in Mendocino County. Broker/Owner Benjamin Kobetz will continue to lead the firm under the Century 21 banner.
Century 21 Myers Realty has merged with PAL Realty in Central Florida, gaining expertise in communities catering to residents 55 and older. The merger adds a seventh office to the firm's roster.
Industry veteran Brad Loe has joined Corcoran as senior managing director at its Chelsea Flatiron office in Manhattan. Loe brings over two decades of real estate experience and will focus on growth and recruitment.
Ben Lee, a top LA producer, has joined The Agency after closing over $67 million in sales last year while at Coldwell Banker. He brings deep knowledge of LA's Westside market and a background as a real estate attorney.
The Agency is expanding its presence in the Northeast with the launch of The Agency Boston, its second office in Massachusetts. Managing Partners Bobby Murphy, Jeremy Stivaletta, and Peter Sztankovits will lead the new office.
Onward Real Estate has appointed Wesley Harvey as managing broker of its Green Hills location in Tennessee. Harvey joins a brokerage that has grown to over 400 agents across four offices since splitting with Parks Real Estate.
