united real estate On Thursday, it announced a partnership between its North Jersey branch and a New York-based residential and commercial brokerage Hudson Valley EdgeThe two brokerage firms’ service footprints include northern and central New Jersey and the Hudson River Valley with over 400 agents.
The brokerage firm provides services from Dutchess, Ulster, Orange, Westchester, Putnam and Rockland counties in New York to the Connecticut state line.
Rick Haas, president of United Real Estate, said, “One of the objectives of the organization is to facilitate the growth of brokers and their offices by supporting business development, and the group’s regional influence will grow and become more important. It is very rewarding to see you serve so many customers.
This alliance 7th expansion this year.
United believes the COVID-19 pandemic and associated migration from the New York City metropolitan area to the Hudson River Valley will provide room for agents to grow their business as the region’s population expands.
The Hudson Valley Edge Office was formerly JP Realty Advantage It was the result of a partnership between lead broker Justin Phillips and United’s North Jersey branch owners Jeff, Todd Bailey and Anthony Laurita.
Philips is now United Real Estate | Hudson Valley Edge.
United’s flat-rate agent compensation model, along with additional training and marketing resources, inspired Phillips to use it to improve adoption and retention. He also felt that the model was “hard to compete with”.
“During the pandemic, I made the decision to rebuild my independent brokerage firm. To get to where I wanted to be in terms of growth, I needed a strong national partner with deeper resources. I quickly realized that,” Phillips added in a statement.
The owner and COO of United Real Estate said: North Jersey, Jeff Bailey.
The partnership also strengthens United’s foothold across the East Coast following its recent acquisition of DC-based Pearson Smith Realty. in July This expands United’s network to Metro Washington DC, Maryland, Virginia and West Virginia.
In August, United will be based in New York United Real Estate | Luck, Expanding to the state and NYC area for the first time.
Earlier this month, United Realty announced merger with EXIT real estate gallery, The Jacksonville-based brokerage firm brought 400 new agents to United’s network.
In January, United merged with Houston-based Texas. United Realty Added 750 realtors to the company, Two of the largest independent brokerage firms in Houston.
United currently has more than 17,500 agents in 32 states. According to a statement, sales last year he exceeded $21.5 billion.
According to RealTrends 500 rankings, United 8th largest brokerage firm by US trading side