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Illustration by Lanette Behiry/Real Estate News

Brokerage Beat: News from Real, Compass, The Agency, C21 

Real passes 15,000 agents, adds Virginia firm; SF team returns to Compass; The Agency launches in Oklahoma City; Century 21 raises $3M for Easterseals.

February 17, 2024
5 minutes

Editor's note: The brokerage business is a busy one, with frequent moves, mergers and milestones. Here we highlight some of the latest activity among brokerages across the U.S. and globally.

Real reaches growth milestone — and keeps going 

The Real Brokerage reported record-breaking growth in agent count last month, and the firm now tops 15,000 agents.

"We launched Real with a vision to partner with agents to simplify one of life's most complicated transactions," said Real Chairman and CEO Tamir Poleg. "The programs we've developed and the platform we built provide significant value to this community, and what we offer is resonating with agents throughout the U.S. and Canada. Our rapid growth is a testament to our vision of doing what's right for both agents and the clients they serve."

In January, Real added more than 1,000 real estate agents to its roster.

"At Real, we are focused on creating infrastructure that allows for unique business models and, by combining it with a true 'work hard, be kind' culture, we've laid the groundwork for collaboration across networks and geographies like this industry has never seen," said company President Sharran Srivatsaa.  

Several teams from both traditional and cloud-based brokerages joined Real last month, helping push the company past the 15,000 mark.

Mission Realty signs on

Clayton Gits, Mission Realty, Real.
Clayton Gits, Mission Realty, Real.

The growth continued this month with the addition of 30-person Mission Realty, formerly affiliated with Keller Williams and eXp.

Led by Clayton Gits, the Richmond, Virginia-based team has racked up more than $1.5 billion in sales, including over $136 million last year.

"Although many companies talk about collaboration, at Real it starts at the top," Gits said.

"The idea that we're all on the same team is incredibly attractive and so unique in this industry. That, combined with Real's commitment to building a visionary solution that streamlines home buying and selling for both agents and consumers, made our decision to join Real an easy one."

San Francisco team returns to Compass

Founding members of Compass San Francisco Mollie Poe and Declan Hickey have brought their four-person team back to the fold.

Mollie Poe and Declan Hickey, Compass San Francisco.
Mollie Poe and Declan Hickey, Compass San Francisco.

"We are excited to welcome back this highly-accomplished and respected team," said Kevin Patsel, Compass regional vice president of Northern California. "They are well-liked and their presence adds to our collaborative culture."

Poe and Hickey helped found the Compass San Francisco office in 2015 before leaving to build their Indigo Real Estate Team brand, backed by Side, in 2020.

"All roads lead to home," said Poe. "After three years of supporting our Indigo brand, Compass leadership has brought us back. Working with Robert to build a company out of a WeWork space back in 2015 makes returning to the camaraderie of the Compass family incredibly heartfelt!"

Hickey said he was happy to get back to Compass, not just because of the technology offerings but for the sense of community.

"In a world defined by virtual meetings, and as we continue to adapt to the changing dynamics of real estate, we are returning to Compass, where our community and technology seamlessly intersect under the same roof," he said.

Joining Poe and Hickey at Compass are team members Julie Reber, Shane Nugent, Tasmin Eboo and Tasneem Karimbai.

The Agency launches in OKC

The Agency opened its first office in the Sooner State this week.

Managing partners Wyatt Poindexter and Wayne Kirby lead The Agency Oklahoma City. 

Wyatt Poindexter and Wayne Kirby, The Agency Oklahoma City.
Wyatt Poindexter and Wayne Kirby, The Agency Oklahoma City.

Mauricio Umansky, CEO and founder of The Agency, praised the duo's experience and reputation. "We are excited to collaborate with them in building a formidable presence for The Agency in Oklahoma City as we continue our mission of redefining the real estate experience in cities across the U.S. and beyond."

The Oklahoma City market "is thriving," said Poindexter. "And we are honored to represent The Agency brand within our community as we look to take our business to the next level."

Kirby said the brand, which is known for brokering deals with high-profile clients and being featured on Netflix's "Buying Beverly Hills," is a great fit for Oklahoma city.

"The region's high quality of life, dynamic economy, and strong local culture all align perfectly with The Agency's ethos, and we cannot wait to highlight our market to the brand's global network," he said.

Century 21 raises $3M for Easterseals

Century 21 Real Estate announced that it raised more than $3 million last year for Easterseals, a nonprofit that provides services and support for disabled children, adults, veterans and their caregivers.

More than $60,000 of that total was raised during its first International Week of Giving in July. Century 21 began its partnership with Easterseals in 1979 and has brought in $138.5 million for the charity since then.

Greg Sexton, COO of Century 21, was appointed to the Easterseals National Board of Directors last year. "I am so proud of the relentless efforts of Century 21 affiliated brokers and agents across the country as they not only raise money but drive awareness for the important work of this remarkable organization," he said.

"We are fortunate to benefit from their integrity and commitment," Easterseals President and CEO Kendra Davenport said of the partnership. "Century 21 affiliated brokers and agents across North America are helping Easterseals lead the way to full equity, inclusion, and access through life-changing disability and community services."

For the tenth year in a row, the top two Century 21 offices raising money for Easterseals were Century 21 Town & Country in Utica, Michigan, and Century 21 Judge Fite Company in Dallas, Texas. Town & Country has held the top spot for 27 consecutive years.

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