RISMEDIA, Nov. 4, 2008-Howard Hanna Real Estate Services has announced its acquisition of Realty One, Ohio’s second- and the country’s 23rd largest real estate company, the company reports.
“This is a clear demonstration of our company’s commitment to this region and the core markets we serve, to their economic vitality and quality of life people enjoy, ” said Howard W. “Hoddy” Hanna, chairman of Howard Hanna Real Estate Services.
The acquisition, which ranks Howard Hanna as the fourth largest real estate company in the nation, provides many benefits for consumers in the company’s Ohio, Pennsylvania, New York and West Virginia markets:
– A larger company-wide network of 152 office locations with 4,400 sales associates and 820 employees in mortgage services, closing and title insurance, land development, appraisal services and corporate relocation .
– Availability of new mortgage money – $125 million per month – from Howard Hanna Mortgage Services
– Access to the company’s 100% Money Back Guarantee, providing greater property visibility, and buyer confidence
– Peace-of-mind with the Buy Before You Sell program from Howard Hanna Mortgage Services, providing an exclusive advanced equity loan making it possible for buyers to purchase a new home before selling their present home
“Buyers and sellers will benefit from our expanded presence. Our cultures are similar and our agents work closely together,” said Barbara Reynolds, president of Realty One.
According to the company, Howard Hanna entered northeast Ohio in 2003 with the merger of Smythe Cramer Co. The company now has 79 office locations in northeast Ohio with 2,800 sales associates and 400 employees. During the past five years, Hanna has also expanded in the region and in its other core markets.
“Today, we’ve started a new chapter in total service to real estate consumers,” said Helen Hanna, president of Howard Hanna. “We are combining leadership, knowledge and outstanding sales associates.”
Hoddy Hanna added, “We’re excited about the future and growth of our company. Our greatest sense of accomplishment has come from being an integral part of the communities we serve.”
Visit www.howardhanna.com for more information.
