With its agent count soaring from six to 153 in three years, the Richmond-area franchise of a national real estate brokerage is adding a second office in the suburbs after acquiring a local peer this year.
United Real Estate, a Missouri-based brand that arrived in the local market in 2015, is opening a new outpost in Hanover County, adding to its existing branch in Chesterfield.
“The market pretty much demanded it,” said John Finn Jr., managing broker. “We were doing so much business over here. Hanover County is a busy and growing market. It’s a place we needed to be in order to serve our clients.”
The Hanover office is located at 9097 Atlee Station Road near the Interstate 295 interchange. The 1,600-square-foot space houses conference rooms, a cafe and offices for when the agents need them.
Finn, a former president of the Richmond Association of Realtors, brought United here through a franchise agreement that changed over his Dominion First Realty brokerage, which he had led since 1997.
He owns the franchise with his brother Jeffrey, and they have further invested in the Richmond area. In 2017, they established Piedmont Title & Escrow LLC, which provides settlement services out of a space that adjoins the United Hanover office. This spring, they acquired local real estate brokerage Robinson-Harris & Co. for an undisclosed amount.
Finn said Robinson-Harris dates back more than a century, with some of its earliest clients including Richmond entrepreneur and educator Maggie L. Walke and entertainer Bill “Bojangles” Robinson. Finn said Robinson-Harris continues to operate separately from United and has moved its offices to Hanover as well, concentrating on property management, land development and consulting.
Finn attributed United’s growth locally in part to its commission split.
“We have an aggressive 100 percent commission plan,” he said.
United generates income through charging transaction fees for an undisclosed amount, Finn said.
“We are happy that we were in the position to acquire the company and have it continue to grow,” Finn said.
Robinson-Harris will share space in the new Hanover office until spring 2019. Then it will move to its own offices in Richmond.
Finn said his franchise is planning a Virginia Beach office that’s slated for a mid-2019 opening.
With its agent count soaring from six to 153 in three years, the Richmond-area franchise of a national real estate brokerage is adding a second office in the suburbs after acquiring a local peer this year.
United Real Estate, a Missouri-based brand that arrived in the local market in 2015, is opening a new outpost in Hanover County, adding to its existing branch in Chesterfield.
“The market pretty much demanded it,” said John Finn Jr., managing broker. “We were doing so much business over here. Hanover County is a busy and growing market. It’s a place we needed to be in order to serve our clients.”
The Hanover office is located at 9097 Atlee Station Road near the Interstate 295 interchange. The 1,600-square-foot space houses conference rooms, a cafe and offices for when the agents need them.
Finn, a former president of the Richmond Association of Realtors, brought United here through a franchise agreement that changed over his Dominion First Realty brokerage, which he had led since 1997.
He owns the franchise with his brother Jeffrey, and they have further invested in the Richmond area. In 2017, they established Piedmont Title & Escrow LLC, which provides settlement services out of a space that adjoins the United Hanover office. This spring, they acquired local real estate brokerage Robinson-Harris & Co. for an undisclosed amount.
Finn said Robinson-Harris dates back more than a century, with some of its earliest clients including Richmond entrepreneur and educator Maggie L. Walke and entertainer Bill “Bojangles” Robinson. Finn said Robinson-Harris continues to operate separately from United and has moved its offices to Hanover as well, concentrating on property management, land development and consulting.
Finn attributed United’s growth locally in part to its commission split.
“We have an aggressive 100 percent commission plan,” he said.
United generates income through charging transaction fees for an undisclosed amount, Finn said.
“We are happy that we were in the position to acquire the company and have it continue to grow,” Finn said.
Robinson-Harris will share space in the new Hanover office until spring 2019. Then it will move to its own offices in Richmond.
Finn said his franchise is planning a Virginia Beach office that’s slated for a mid-2019 opening.