Dallas,
TX – United Real
Estate (United) announced its second expansion in Huntsville, Alabama today,
solidifying its position in the top three residential brokerages in the local
market. United’s Leading Edge Real Estate Group, which joined United’s national network in 2022, and Huntsville-based
Revolved Realty have merged operations.
The combined
companies and their 300 agents will operate as Leading Edge Real Estate Group. Revolved
Realty co-founder, Tim Knox joins the team as President to advance the long-term
success of the combined operations and will remain the managing broker of two
former Revolved Realty offices in Huntsville. No role changes are planned for
Leading Edge Real Estate Group’s founders, Danny and Charlene Sullivan. Agents will gain additional new tools, training and
resources deployed through United’s Bullseye™ Cloud proprietary
productivity platform.
"The merger of these two great local brokerages, combined with the backing of our national partner United Real Estate, offers limitless opportunities for buyers and sellers across northern Alabama and southern Tennessee. And for the thousands of REALTORS® who call this area home, our commitment to helping agents build long-term, legacy businesses has never been greater," stated Tim Knox and Chelsea McKinney, founders of Revolved Realty. "That's the banner we will carry as we go forth and expand our market share here and eventually statewide."
In today’s
market, brokerages have a tremendous opportunity to join forces for long-term
competitive advantage and survival.
“Tim
and his team bring new energy into the company. Together, we have great synergy
and focus and can leverage each person’s expertise to accomplish goals that previously
seemed insurmountable. The services and tools we’ll bring to our service
footprint will be huge for our market and for the agents. Together, we are now
the third-largest in unit sales in our marketplace, and our combined strengths
are a catalyst for continued growth,” commented Danny & Charlene Sullivan,
founders of Leading Edge Real Estate Group.
Over the last decade, the real estate industry has shifted from commission-split brokerage models to transaction-fee models. New-generation models that entered the market have shown growth, while legacy models have reported declines in agent count, sales volume and unit sales. COVID-19 magnified those trends. According to a data-backed study examining brokerage profitability by real estate tech strategist Mike DelPrete, United was one of two national brokerages to be profitable in Q1 2023.
As brokerages move further into the new real estate market, change and innovation will become imperative for survival. In hindsight, we will look back and realize 2023 was the turning point for both legacy and new-generation models.
“Danny,
Tim, Charlene, Chelsea and their respective employees and agents are creating
forward momentum. What’s very exciting is that we have a carefully crafted
strategic plan to navigate their agents successfully into the future. Today’s
real estate landscape is vastly different than just five years ago, and these
entrepreneurs are leveraging their unique talents and United Real Estate’s national
resources to great advantage for their company and agents,” stated Rick Haase,
President of United Real Estate.
To learn more about United Real Estate, brokerage succession planning, brokerage valuation and sale or franchising opportunities, visit GrowWithUnited.com or call 888-960-0606. Agents interested in learning 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 with the purpose of offering solutions to 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-fee, transaction-based agent commission model. By leveraging the company’s proprietary cloud-based Bullseye™ Agent & Broker Productivity Platform, United delivers a more profitable outcome for agents and brokers. United Real Estate operates in 33 states with 148 offices and 18,500 agents. The company produced over 77,900 transactions and $27.9 billion in sales volume in 2022.
About Leading Edge Real Estate Group
Founded in
2013 by Danny and Charlene Sullivan, Leading
Edge Real Estate Group’s
mission is “Leading the way, using cutting-edge technology to sell your home
quickly and effectively while having fun in the process.” The company is committed
to professionalism and quality and serves the real estate needs of clients
throughout North Alabama.
About
Revolved Realty
Founded in
2018 by Tim Knox and Chelsea McKinney, Revolved
Realty was built
on the premise that buying or selling a home is more than just a transaction:
it’s a life-changing experience. Their team of highly-seasoned real estate
professionals is dedicated to providing exceptional, personalized service for
all clients throughout North Alabama. A champion of relationships, Revolved
Realty agents work relentlessly on the client’s behalf to achieve their real
estate goals.