North Texas’ actual property market stays sturdy. Now one of many area’s largest impartial brokerages is trying to develop even bigger to proceed to seize extra of the motion.
Dallas-based Rogers Healy and Associates Actual Property has been rising quickly over the previous yr. Right this moment the actual property agency introduced plans so as to add 1,000 new realtors to its ranks, and it’s planning to pay for them to get licensed.
“It’s so necessary for anybody fascinated by an actual property profession to know that there’s a assist system behind them to maintain them excited and motivated,” mentioned Rogers Healy, proprietor and CEO of The Rogers Healy Corporations, in a press release.
Creating new brokers
Rogers Healy created its License Launch program at the start of final yr, as a means to assist individuals break into the business or transition careers. By means of this system, the brokerage covers the price of actual property faculty tuition, along with offering assets to assist with a candidate’s schooling, with the aim of the candidate starting their actual property profession with Rogers Healy.
The brand new announcement is a big enlargement of this system. Based on the corporate’s announcement of the renewal of this system in December, 43 new brokers had been introduced into the agency because the program’s launch. On the time, the corporate mentioned it aimed to award not less than 20 licenses every month throughout 2022 by means of this system. Presently, Rogers Healy says it has practically 430 actual property brokers.
“Not solely can we get the chance to spend money on their success, however we get to look at them develop and thrive as an actual property agent after,” mentioned Natalie Magness, expertise coordinator at Rodgers Healy, in a press release.
Rural ‘Land and Lakes’ enlargement
Rogers Healy and Associates was based in 2006 and is a part of quite a few companies underneath the Rogers Healy Corporations, together with others that concentrate on property administration, relocation companies, and business actual property.
The corporate has been rising quickly all through the pandemic. Between 2020 and final yr, it mentioned it elevated its agent measurement by greater than 50%. And in 2021, the agency averaged greater than $100 million in gross sales per thirty days, in response to D Journal.
Final month the corporate entered the agricultural actual property house with the launch of RHA Land and Lake, which it says is projected to have greater than $50 million underneath contract by spring. Healy instructed the Dallas Enterprise Journal that it hopes to have 100 devoted brokers within the division by the summer time.
“I do know we are going to see an enormous growth in curiosity (in RHA Land and Lake) quickly,” Healy mentioned final month.
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