Realty One Group Explained

Realty ONE Group
Type:Privately Held Company
Industry:Real Estate
Founder:Kuba Jewgieniew
Hq Location City:Laguna Niguel, California
Hq Location Country:United States
Locations:400+ in the United States, Canada, Costa Rica, Singapore, Spain, Italy, Portugal, Ecuador, Bolivia,
Key People:Kuba Jewgieniew Founder and CEO
Vinnie Tracey (President)
Products:Realty ONE franchises, ONE LUXE
Num Employees:18,000+

Realty ONE Group is a Laguna Niguel, California-based real-estate brokerage and franchising company.[1] As of 2022, it employed over 19,500 real estate professionals in over 400 offices across the United States and Canada.[2]

History

The group was founded in Las Vegas in 2005 by Kuba Jewgieniew, who was a former stockbroker. In 2007, the company expanded into Arizona. By August 2010, it had also expanded into California, and had 2,200 agents.[3]

In August 2011 the brokerage acquired John Hall & Associates, a Phoenix, Arizona-based real estate brokerage.[4]

In May 2012, the company acquired Southern California-based brokerage eVantage Home Realty.[5] In August, it opened an affiliate program in order to franchise locations.[5]

In June 2020, the company introduced a luxury brand to promote high end properties worth over $1 million.[6]

External links

Notes and References

  1. Web site: Realty ONE Group Opens New Headquarters in Laguna Niguel . RIS Media . 2019-08-20 . 2020-08-03.
  2. Web site: Realty One celebrates 15th anniversary by volunteering . Inman . 2020-05-07 . 2020-08-03.
  3. News: Buck Wargo. Q&A: Kuba Jewgieniew, CEO of Realty ONE Group. April 16, 2010. Las Vegas Sun. April 12, 2013.
  4. News: John Hall & Associates acquired by Realty One Group . August 9, 2011 . April 12, 2013 . . Jan Buchholz.
  5. Web site: Realty One Group expands into franchising . Inman . 2012-08-15 . 2020-08-03.
  6. Web site: Realty One Group branches out with new luxury brand . Inman . 2020-06-02 . 2020-08-03.