
Actual Brokerage has added 56 brokers by the acquisition of Legends Actual Property in Sacramento led by John Pope, a 45-year veteran of the business.
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Actual is outwardly nonetheless “on hearth.”
The brokerage resides as much as feedback made by its CEO Tamir Poleg at Inman Join Las Vegas with its newest information, a 56-agent enlargement into northern California.
The corporate introduced in an Oct. 13 press launch the onboarding of the John Pope-led group at Legends Actual Property.
Primarily based in Folsom, and energetic all through the Golden State capital of Sacramento, John Pope has been promoting properties for 45 years and can carry a singular stage of tenure to the fast-growing, tech-forward residential model.
Sharran Srivatsaa, Actual’s president, expressed how Pope’s alignment with the model displays what it stands for in at the moment’s market.
“His choice to roll his agency into Actual reinforces the draw of the ”One Actual” tradition to impartial brokerages who’re in search of a spot the place teamwork and collaboration thrive in addition to the assets of a worldwide platform,” Srivatsaa mentioned in a press release.
Pope was one the nation’s youngest franchise house owners within the late Nineteen Seventies, proudly owning a Century 21 outfit and happening to win quite a few gross sales and business awards as he grew alongside the booming inhabitants of the world during which he practiced. Pope got here from an actual property household; his father was a distinguished agent in southern California in the course of the top of its monumental development all through the Nineteen Fifties and 60s. His grandfather was an Orange County farmer-turned-developer.
There are few higher examples of being in the proper place on the proper time than the Pope household, an expertise that may little doubt translate into important development for Actual all through California’s forested northern landscapes.
“It’s essential to alter with the market,” mentioned Pope within the assertion. ”We checked out plenty of completely different enterprise fashions and have been blown away by the management and tradition at Actual. The corporate’s enterprise mannequin aligns with how I’ve finished enterprise. My brokers will profit from being a part of an even bigger group, and I sit up for doing what I really like – serving to brokers succeed.”
Regardless of a market restrained by unfavorable rates of interest and excessive, stagnant costs, Actual’s affect continues to unfold, with Srivatsaa, his CTO Pritesh Damani and Actual founder and CEO Tamir Poleg choosing up Inman’s 2023 Innovator Award in Las Vegas in August.
“Based in late 2022, Legends’ whole transaction worth exceeds $204 million,“ the discharge acknowledged.
E mail Craig Rowe