United Real Estate expands reach in Florida with new merger

United Real Estate expands reach with new Jacksonville acquisition

The deal brings 400 new brokers into the community and can see the Jacksonville, Florida, brokerage function underneath the brand new identify United Actual Property Gallery and retain all present management.

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United Real Estate introduced on Monday a merger with Jacksonville-based brokerage EXIT Actual Property Gallery because the agency grows its nationwide community.

The deal brings 400 new brokers into the United Actual Property community and can see the Jacksonville, Florida, brokerage function underneath the brand new identify United Actual Property Gallery and retain all present management, in line with a news release.

“After an in depth interval of due diligence contemplating many paths ahead, we decided United is the forward-thinking associate who will assist us obtain our targets,” United Actual Property Gallery CEO Raymond Rivera stated in an announcement. “They acknowledge our staff’s expertise, have the assets required to make the investments in our enterprise to drive agent outcomes and are keen to assist.”

The merger comes on the heels of United’s acquisition of Pearson Smith Realty, which introduced 1,000 brokers to the corporate. United now contains over 21,000 brokers and greater than 630 workplaces, and it’s ranked No. 8 within the nation for transaction sides, according to RealTrends. The corporate produced over $21.5 billion in gross sales quantity in 2021.

The merger provides to United’s current workplaces in Miami, Fort Lauderdale, Fort Myers and Orlando following mergers with Pearson Smith Realty, Platinum Realty, Main Edge Actual Property Group, Texas United Realty, Digital Properties Realty, Benchmark Realty and Charles Rutenberg Realty Fort Lauderdale.

The acquisitions are key to United’s ambitious expansion plans which the corporate says are usually not completed.

“Your entire United staff has labored diligently for over a decade to construct a program that now attracts prime operators like Ray, Sonny, Nanci and their staff {of professional} brokers as they appear to construct on their previous successes and seize future alternatives,” United Actual Property Group CEO Dan Duffy stated in an announcement. “Being chosen as their ‘go ahead’ associate is humbling, particularly after we found what number of choices they thought-about when evaluating potential companions and paths.”

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