CINCINNATI and FORT
MYERS, Fla., May 15, 2019
/PRNewswire/ -- ERA Real Estate, a global franchising leader, today
announced that one of its franchisees, ERA Real Solutions Realty in
Cincinnati, Ohio, has acquired the
Fort Myers brokerage, Right Choice
Realty. Through this acquisition, ERA Real Solutions will nearly
double its independent sales agent count and expand into three
offices in Fort Myers, one of the
fastest growing cities in the country, according to the Census
Bureau.
The expanded company will now operate with more than 415 agents,
9 offices, and $650 million in annual
sales. Founded by Jeremy Raby in
2007, ERA Real Solutions Realty has grown to be a leader in the
central and southern Ohio metro
areas – offering customers property management and relocation in
addition to standard real estate services. The acquisition of Right
Choice Realty, which will rebrand as Right Choice Realty ERA
Powered, includes its in-house title company, which Raby plans to
bring to his Ohio offices.
"ERA Real Solutions Realty is the perfect example of growth
through acquisition and success through ancillary businesses," said
Simon Chen, president and CEO of ERA
Real Estate. "With strongholds in these two markets, ERA Real
Solutions now has the ability to create a powerful and
complementary referral system between its agents and offer
consumers more value-add services."
Fort Myers is a hotspot for
Ohioans who are looking to purchase their second homes, a big
factor in Raby's decision to expand into the area. "Our goal is to
create a pipeline of business from Ohio to Florida," says Raby, a Cartus Platinum broker
who plans on bringing his company's relocation services and
property management to the Florida
offices. "By introducing the ERA tools, products, and services, the
productivity per agent in Florida
should sky rocket as they have in Ohio. I am excited to
connect with like-minded agents and company owners who might be
interested in a new opportunity with ERA."
About ERA Real Estate
At
ERA® Real Estate, we don't adapt to
change, we create it. We believe that our core business values of
collaboration, innovation, diversity and growth are needed now more
than ever. As a global leader in the residential real estate
industry for more than 40 years, ERA was the first real estate
franchise to expand internationally, the first to post listings
online, and is the only national company that offers the Sellers
Security® Plan program. The ERA Real Estate network includes
40,000 affiliated brokers and independent sales associates and
approximately 2,300 offices throughout the United States and 31 other countries and
territories. ERA Franchise Systems LLC (www.ERA.com) which
operates the ERA Real Estate system, is a subsidiary
of Realogy Holdings Corp. (NYSE: RLGY), a global provider of real
estate services. ERA Real Estate information is available
at www.ExploreERA.com.
Media Contact:
Katharine Dunn
502-419-8507
kdunn@hudsoncutler.com
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SOURCE ERA Real Estate