Realty One Group

Realty ONE Group (stylized: Realty ONE Group) is an American real-estate brokerage with corporate offices in Irvine, California.[1]

Company overview

Realty ONE Group was founded in 2005[2] by owner and CEO Kuba Jewgieniew,[3] a former stockbroker. Jewgieniew became a real-estate agent in the early 2000s and turned over $30 million in sales in his first year, before deciding to start his own brokerage. The brokerage had 300 agents by the end of its first year and $102 million in sales.[4]

The company expanded from Nevada to Arizona in 2007,[2] and had 2,200 agents in the company by 2010.[4] In August 2011 the brokerage acquired John Hall & Associates, a Phoenix, Arizona-based real estate brokerage.[2][5] The brokerage had also expanded into the State of California in January 2010,[4] with offices in Orange County and Riverside County by the end of 2011.[6] In 2012 Realty ONE Group opened Realty ONE Group Affiliates, their Franchise Department.[7]

In 2014, Realty ONE Group was named one of the fastest growing companies in the US by Inc. 500 between 2009 and 2014.[3] Realty ONE Group also ranked top 5 in the nation for fastest growing companies by Real Trend's 500 List, growing 410% between 2007 and 2010 to sales of $2.1 billion. The company charges a flat fee to agents instead of taking a percentage, allowing the real-estate agent to keep their commissions anned only pay a monthly flat fee.[4][6]

Realty ONE Group agents have been interviewed by the media regarding home purchasing and home financing trends.[8][9]

References

  1. ↑ Victoria Slind-Flor (March 28, 2012). "Kimberly-Clark, RDA Micro, Facebook: Intellectual Property". Businessweek. Retrieved April 12, 2013.
  2. 1 2 3 Jan Buchholz (August 9, 2011). "John Hall & Associates acquired by Realty One Group". Phoenix Business Journal. Retrieved April 12, 2013.
  3. 1 2 "Realty ONE Group Takes 7th Spot in Real Trend's 500 List". Realty Today. April 2, 2013. Retrieved April 12, 2013.
  4. 1 2 3 4 Buck Wargo (April 16, 2010). "Q&A: Kuba Jewgieniew, CEO of Realty ONE Group". Las Vegas Sun. Retrieved April 12, 2013.
  5. ↑ "Realty One Group acquires John Hall & Associates". Inman News. August 10, 2011. Retrieved April 12, 2013.
  6. 1 2 Buck Wargo (September 11, 2011). "Realty One Group out to compete nationally". Las Vegas Sun. Retrieved April 12, 2013.
  7. ↑ Paul Hagey (August 15, 2012). "Realty One Group expands into franchising". Inman News. Retrieved April 12, 2013.
  8. ↑ Janna Herron and Michelle Conlin (November 30, 2010). "Home prices falling faster in most metro areas". U-T San Diego. Retrieved April 12, 2013.
  9. ↑ Carrie Watters (February 21, 2009). "Ballplayers rent out homes across Valley". The Arizona Republic. Retrieved April 12, 2013.

External links

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