Real estate news: Brokerage expansion in South Florida, Switzerland, Portugal & more. Agent moves & mergers impacting Coldwell Banker, RE/MAX, Compass & others.
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Real estate news: Brokerage expansion in South Florida, Switzerland, Portugal & more. Agent moves & mergers impacting Coldwell Banker, RE/MAX, Compass & others.
Brokerage Expansions and Mergers
Miami-based RE/MAX Development Real Estate, South Florida’s largest RE/MAX affiliate, has announced a strategic merger with Dream Life Real Estate. The addition of the 181-agent Dream Life group brings Development Real Estate’s agent total to 335.
Advance Realty owner Melanie De Armas said in a press release, “While we have been pleased with the results of our aggressive expansion in recent years, this latest strategic move in the critical Coral Gables market is a true game-changer, strengthening our position among the top tier of South Florida’s leading real estate offices.” This is the firm’s eighth M&A considering that 2020.
Coldwell Banker is bringing its global brand name to the Swiss Alps. The brokerage firm has opened Coldwell Banker Just Realty– No Financial Institution Swiss Riviera in Montreux, a community on Lake Geneva.
In Illinois, the previously unaffiliated REDCO Real Estate in Elmhurst has joined the RE/MAX brand name. Led by Jack Pysz, the 24-agent team will certainly remain to operate in the Chicago metropolitan area as RE/MAX Future.
Corcoran expands to Portugal: The Corcoran brand name is gradually making inroads into Europe with the launch of its most recent affiliate, Corcoran Atlantic, based in Portugal’s resources city. The Lisbon workplace is the item of a partnership in between Vanguard Trademark, a growth and monitoring group, and ABNSouza, a franchisor in Portugal and Spain. Corcoran initially got in the European market in 2023 with the launch of Corcoran Magri Properties in Italy.
Agent Movements and New Leadership
Florida high-end agent joins CB from Elliman: Mark J. Baron, a high-end professional with occupation sales covering $1 billion, has joined Coldwell Lender’s Lakewood office near Sarasota, Florida. Baron has more than 20 years of experience collaborating with high-net worth clients in the Hamptons and Southeast Florida. He concentrates on new building and deluxe waterside sales.
Jordan most recently worked for Douglas Elliman, where she set several area price records– including a $4.8 million penthouse sale in Long Island City and a $2.6 million penthouse sale in Red Hook– and accumulated a life time sales quantity of $1 billion.
Corcoran Team President and CEO Pam Liebman said in a news release that she was “delighted” to bring Jordan and her team right into the fold. “She’s extensively recognized as a standout in the industry, many thanks to her deep market expertise and unwavering dedication to her customers,” Liebman stated.
Compass introduces 2 moves in Connecticut: The Nancy Dauk Group, which placed second across the country while at Brown Harris Stevens, has actually moved to Compass. Nancy Dauk is a market expert and former brokerage owner, and her 4-person team– with a mixed 100 years of experience– closed $53 million in sales in 2024. The group is based in Darien, Connecticut.
Darien is likewise home to Joel Dommel, Compass’ latest sales coach, that will offer the Darien and New Canaan workplaces leading representative advancement and retention. Formerly at Corcoran, he brings greater than 13 years of high-end property sales and management experience.
“We are recognized to invite Christina to Christie’s International Realty Sereno,” claimed Chris Trapani, Sereno’s co-founder and CEO. “She is a standout in every feeling– sharp, thoughtful, and very committed to her customers. Christina represents the type of representative we are happy to align with: established, forward-thinking, and rooted in worths that mirror our society.”
New Brokerage and Market Strategies
CB Raised opens up in NE Colorado: Former RE/MAX agent Amber Lemon has opened a new brokerage offering Grand County, Colorado. Lemon, that now leads Coldwell Banker Raised Realty, is a native of the region and has actually worked in Grand Region throughout her virtually two-decade realty job.
Led by Creator Austin Frangoules, the previous independent brokerage firm has actually accomplished $94.5 million in sales because the beginning of 2023. In addition to developing his real estate company, Frangoules has actually created “a totally incorporated network of solutions for homeowners and investors” with the launch of East Shore Home Loan, East Coastline Insurance Policy, Guard Title and Frangoules Enterprises, KW kept in a news release.
Before affiliating with KW, the broker agent accepted social media sites and networking for company development. “The even more individuals see our name, the much more we will certainly grow,” Frangoules stated. With the extra sources supplied by KW, Frangoules predicted he and his representatives “will certainly be unstoppable.”
“Reputation is everything,” Middleton said in a press release, “and Century 21 Realty is unmatched in that respect, which will enable us to preserve the trust and credibility we have actually functioned so difficult to develop, while also providing us a means of access with brand-new clients in new markets.”
Those workplaces will be split right into five areas– the Bay Area, Central Coastline, Ventura County/Los Angeles, Inland Empire and San Diego– to make sure “local competence and improved agent support,” according to a press release.
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