BrokerageNews Brief

After shaky Q2, NRT creates exec-level growth positions

The announcement comes shortly after the company acquired Climb Real Estate
  • NRT announced appointments of chief strategy and operation officer and chief recruiting officer.

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

After disappointing Q2 earnings results, NRT has been making some big moves in the third quarter of 2016. The latest? It's created two new executive positions focused on growth. Ryan Gorman, who was the senior vice president of strategic operations for NRT, will now serve as the company's chief strategy and operating officer. In this new role, Gorman will be in charge of ensuring "all aspects of NRT are primed for growth in a strategic manner with a focus on enhancing efficiencies in the operational support of NRT's business," according to a press release sent this morning. Peter Sorbeck, who was the COO for Citi Habitats, an NRT subsidiary in New York City, will now be the company's chief recruiting officer. As CRO, Sorbeck will be charged with quickly recruiting top-producing independent sales associates as well as strengthen NRT's employee retention program. "These appointments, both filled from within our organization, speak to the strength of our leadership bench at N...