Inman

Realty One Group expands in SoCal

Fast-growing Las Vegas-based brokerage Realty One Group Inc. is expanding in Orange County, Calif., by bringing the 40 agents and two owners of eVantage Home Team on board.

Realty One Group’s broker-manager Tony Faulkner and eVantage Home Team co-founder Nick Roshdieh have known each other for more than 10 years.

They share core professional values, including early adoption of cutting-edge technology, an agent-centered approach to training and marketing, and a desire to be a resource for both buyers and sellers on the intricacies of the market and real estate purchases, the companies said.

Roshdieh founded eVantage in 2008 with Vincent Bindi, who holds a master’s degree in computer engineering from Purdue University and has more than 15 years in residential and commercial real estate experience.

"Our team has always combined our real estate expertise with the power of computer technology to better serve homebuyers and sellers," Roshdieh said in a statement. "We realize — and Realty One Group does too — that by effectively utilizing technology, we ultimately save our customers time and money, as we reduce the cost and complexity associated with homebuying and selling."

Realty One Group claims that it finished 2011 — its second year in the Orange County market — as the area’s fourth-largest real estate brokerage based on sales volume.

In 2011, the brokerage maintained its status as one of the nation’s top brokerage firms in terms of numbers of closed transactions and closed sales volume, ranking No. 11 and No. 23, respectively, on real estate publishing company Real Trends’ 2011 top 500 brokerages list.

Last year, Realty One Group’s transaction sides jumped 18.6 percent. Sales volume was up 20.4 percent to $2.6 billion.

"Our successful business model is based on attracting quality real estate professionals and empowering them by offering more resources for less money," said Realty One Group CEO Kuba Jewgieniew.

Late last year, Realty One Group added one of Arizona’s largest brokerages at the time, John Hall & Associates, to its team. The firm, which launched during the housing boom in 2005, now boasts close to 3,500 associates and is looking to expand into the Texas and Florida markets.