Check out the latest real estate industry news below!
Compass Expands Into Santa Cruz County
Riding high on a strong second quarter, Compass has announced its first office in Santa Cruz County. The brokerage has partnered with Monterey Bay Properties and its team of nearly 40 agents—bringing its total number of real estate pros in the Lake Tahoe, Wine Country, East Bay, San Francisco, Silicon Valley and the Monterey Peninsula areas to more than 5,000.
“We are delighted to announce an exciting new chapter for Monterey Bay Properties,” John Hickey, a broker-associate at Monterey Bay Properties, said in a statement. “Our team at Monterey Bay Properties including our Thunderbird Real Estate division, has distinguished themselves in our market for over 40 years. They have accomplished this with a combination of vast collective local real estate knowledge and the willingness to share it within a highly collaborative company culture. This allows our agents to consistently deliver the best outcomes for their clients. By empowering ourselves with the unrivaled toolkit that Compass provides, we are determined to keep that level of the highest service to our clients for the next 40 years and beyond.”
The Agency Announces Louisville-Based Office
Mauricio Umansky and team can’t be contained to California. The Agency has announced it’s latest expansion with news of a Louisville office opening in Kentucky.
The Agency Louisville office is led by Jason Farabee who also serves as managing partner.
“As Kentucky’s largest city, Louisville is a prime market for us to enter next as we expand our presence in the Midwest,” Jim Ramsay, executive vice president of Franchise Sales at The Agency, said in a statement. “This flourishing city and all that it offers aligns perfectly with our brand as we continue to feed the demand across the country for a global brokerage like The Agency.”
So far this year, The Agency opened 15 new offices, including in New York, Virginia Beach and Charlotte. They join the brokerage’s growing global presence in Canada, Spain, Mexico and the Caribbean.