The dynamic partnership brings together Pearson Smith Realty, the youngest company ranked among the nation’s top 100 real estate companies, and United Real Estate, the nation’s 7th largest and fastest growing independent real estate operation. Pearson Smith Realty is a top ten market share leader and a Inc 5000 fastest growing company, growing from 17 agents in 2014 to over 1,000 agents today. The merger brings United’s network to more than 21,000 agents in 630 offices worldwide.
“Pearson Smith Realty and United Real Estate share the same agent-centric model where support and culture are at the heart of our operations. By combining our programs, resources and talents, we are creating exciting opportunities for our agents to serve their customers with excellence. Our agents are our stars, and we will continue to work to make them shine in our market,” said Eric PearsonCEO and co-founder of Pearson Smith Realty.
“We are thrilled to welcome Pearson Smith Realty and their incredible team of agents, brokers and staff to the United Real Estate organization. From our first meetings with Eric and Chuck nearly a year ago, to witness and see firsthand the energy and excitement of Pearson-Smith Patrick’s Day Agent Awards and Recognition celebration, it was evident that our organizations are culturally aligned and well positioned for the future with our Agents as our North Star,” said Dan Dufy, Managing Director of United Real Estate Group. “For every ten brokerages we plan to invest in, we are moving forward with less than one. agents and brokers. It is gratifying to see the enthusiasm of Eric and his team as they discover the benefits of being part of United and determine how to make the most of our resources and technology to strengthen their offer in the markets they currently serve.”
“Eric and his team are a powerful force. They have developed processes and systems that we actively integrate with those of United to benefit our national network. When two dominant, fast-growing companies combine their tools, resources, leadership and their agent talents, it becomes a catalyst for growth for both. While other companies shrink or slow down their expansion, United continues to make the necessary investments for smart growth in the future. Our alliance significantly strengthens our existing operations along the East Coast,” said Rick HasePresident of United Real Estate.
Together, Pearson Smith Realty and United’s DC metro area office will now serve customers in the multi-state area. Pearson Smith Realty will retain its company name and management team going forward, but now with the national reach, referral network, technology and breadth of resources of United’s national network. In turn, United benefits from the wealth of talent and powerful programs at Pearson Smith Realty that have fueled its growth.
“United Real Estate’s vision is continuous growth focused on adding value for agents and their clients. Welcoming Pearson Smith Realty into our national network strengthens us regionally and nationally with proven systems and a footprint service. I can’t wait to see what the future holds for our agents and our customers,” said Zhanneta Nekrichregional vice president of United DC Metro Region.
“Our model has always been to hire great agents and support them with the best resources and tools. We firmly believe that our partnership with United Real Estate will take us to the next level in providing this support. We look forward to working with the United Team to help our agents win in this very competitive market,” added chuck smithCFO and co-founder of Pearson Smith Realty.
The merger with Pearson Smith Realty follows previous mergers with Platinum Realty, Leading Edge Real Estate Group, Texas United Realty, Virtual Properties Realty, Benchmark Realty, Charles Rutenberg Realty Fort Lauderdale and others yet to be announced.
To learn more about United Real Estate, brokerage succession planning, brokerage valuation, and sales or franchise opportunities, visit GrowWithUnited.com or call 888-960-0606. Agents interested in learning more about career opportunities with United Real Estate can visit JoinUnitedRealEstate.com or call 888-960-0606.
About United Real Estate
United Real Estate (United) – a division of United Real Estate Group – was founded to provide solutions for real estate brokers and agents in the rapidly changing real estate brokerage industry. United provides the latest training, marketing and technology tools to agents and brokers under a flat-rate, transaction-based agent commission model. Leveraging the company’s proprietary cloud-based Bullseye™ Agent & Broker Productivity Platform, United provides a more profitable outcome for agents and brokers. United Real Estate operates in 32 states with 139 offices and over 17,500 agents. The company produced more than $21.5 billion of sales volume in 2021.
About Pearson Smith Realty
Pearson Smith Realty is a full-service brokerage serving Virginia, MarylandDC and West Virginia. Since its creation in 2014, it has grown from 17 agents to nearly 1,000 agents today. Eric Pearson and chuck smith founded the company on a set of core values: customer focus and a commitment to delivering value through respect, honesty and personal responsibility. Pearson Smith Realty provides professional representation for residential real estate, new homes, land and property management.
About United Real Estate Group
United Real Estate Group (UREG) operates United Real Estate and United Country Real Estate, serving the unique needs of the suburban market, large metropolitan urban and rural markets. Using the cloud-based Bullseye™ A platform for agent and broker productivity, UREG offers the latest training, marketing and technology tools producing a significant competitive advantage. The platform realizes a decade-long investment in virtual agent and brokerage technology services and is powered by a data warehouse of 2.1 million listings generating over 3 million monthly visitors and 30,000 leads per year. year. Together, United Real Estate Group supports more than 630 offices and more than 21,000 real estate and auction professionals on four continents. United Real Estate Group has produced over $27.1 billion in 2021. Through its in-house advertising agency, UREG offers differentiated marketing support and guarantees for websites specializing in lifestyle real estate, as well as access to a database of more than 650,000 opt-in buyers. For more information about United Real Estate or United Country Real Estate, please visit UnitedRealEstate.com or UnitedCountry.com.
For more information:
April GonzalezMedia & Investor Relations
SOURCE United Real Estate