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The Texas Reporter > Blog > Real Estate > North Texas brokerage United provides third merger in a yr
Real Estate

North Texas brokerage United provides third merger in a yr

Editorial Board
Editorial Board Published July 31, 2024
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REAL Dallas Properties & Administration brings its 70-agent group to United in a transfer that each events say advantages customers and brokers.

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United Actual Property introduced on Tuesday that it might proceed its growth in Texas with the addition of the 70-agent REAL Dallas Properties & Administration.

REAL grew to become the third brokerage to affix United previously 12 months, the brokerage mentioned. It now has greater than 800 brokers throughout North Temple.

REAL Dallas Properties brokers who transition will transfer onto United’s transaction-fee mannequin, which the agency says will assist give brokers extra management over negotiating aggressive charges with their shoppers.

That’s significantly related, because the modifications outlined within the settlement settlement brokered by the Nationwide Affiliation of Realtors are set to take impact Aug. 17. The modifications are anticipated to place extra focus and transparency round agent commissions.

“We are thrilled about our merger with United because we feel the culture and commission model are the right fit,” REAL Dallas dealer/proprietor Luna Zenati mentioned. “We are blending the best of both worlds: maintaining our culture and strong group of agents while adding a national partner and its array of resources at no cost to our agents.”

Zenati mentioned REAL brokers ought to count on to earn more cash on account of the merger.

“They are getting a raise. Not to mention, they can access exciting services they never had before, such as PPO health plans, wealth management & retirement planning, LeadBoost, Marketing Hub and national training,” Zenati mentioned in a press release. “We are upgrading and becoming better versions of ourselves.”

United Actual Property was based in 2011 and has grown into one of many largest brokerages within the nation by quantity.

“With upcoming changes in our industry, we are preparing our agents with the flexibility in how they do business,” United proprietor Nieke Valadez mentioned in a press release. “Our transition from a brokerage commission-split model to a transaction-fee model means they can negotiate more competitive client fees and win more business in any type of market.” 

Electronic mail Taylor Anderson

TAGGED:AddsbrokerageMergerNorthTexasUnitedYear
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