Carrington Real Estate Services LLC says the brokerage is growing by more than 180 agents in South Florida as The Real Estate Club combines its local operations with Carrington’s.
The Real Estate Club’s agents “will move over to Carrington,” the company said, and continue to work out of The Real Estate Club’s existing Sunny Isles Beach, Fla., office.
Based in Santa Ana, Calif., Carrington Real Estate Services is a national real estate brokerage that owns and operates 35 offices in 25 states that employ more than 1,300 sales agents. The company operated as Atlantic & Pacific Real Estate before rebranding in May.
In Florida, Carrington Real Estate Services employs about 77 agents working out of brokerage offices in Aventura, Fort Lauderdale, Oldsmar and Palm Coast.
In announcing its expansion into Michigan and Colorado in June, Carrington said it also planned to open brokerage offices in 2013 in Kansas, Kentucky, Minnesota, Missouri, Ohio, West Virginia and Wisconsin.
The brokerage’s parent company, Carrington Holding Co., also operates Carrington Capital Management LLC, an investor in mortgage-backed securities, and Carrington Mortgage Services LLC, an originator and servicer of home loans.
Carrington Real Estate Services says its ties to other companies under the Carrington umbrella allow it to provide consumers with mortgages and settlement services like title insurance. The brokerage’s ties to its parent company have also provided it with a steady supply of real estate owned (REO) listings.
“By joining forces with the Carrington brand, our sales professionals can access agent tools and internal resources that empower them to reach their full potential,” said Ian Ludmir, owner of The Real Estate Club, in a statement. “And because of Carrington Real Estate Services’ affiliation with the Carrington family of companies addressing all aspects of the residential real estate cycle, our agents can now offer real estate consumers a level of service far beyond that of their competition.”