Laguna ResidentialBrady Moore has left Dave Perry-Miller (an Ebby Halliday Company) and started his own luxury real estate brand under Keller Williams in Dallas, that will eventually be in Austin as well, adding agents ultimately in both cities.

“It’s just me, for now.” says Brady, “but I have a handful of people who are going to be part of it very, very soon.”

After 14-plus years with Dave Perry-Miller, Brady branched out and created Laguna Residential, backed by KW Luxury Homes International.

“It’s an exciting business venture with new opportunities to best represent my clients and personal growth,” he said.

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Kevin Caskey Nathan Grace

Well, it’s going to be an interesting evening at MetroTex Association of Realtor’s Awards and Installation bash Wednesday night. For maybe the first time ever, two brokers from the same firm are vying for Metrotex Broker of the Year…

That would be Russell Berry and Kevin Caskey, two of three finalists, and both with Nathan Grace.

That’s right, Nathan Grace. On Monday, Kevin left Dallas City Center Realtors, where he had worked for 15 years, running the place for seven, longer than any other manager.

He has moved over to Nathan Grace as the firm’s Area Director. Kevin will manage Park Cities, Lake Highlands and Richardson, basically everything Dallas County. His business partner, Bill Clarkson moved with him.

“Nathan Grace has grown so fast in this market,” says Kevin,”already six offices plus corporate, that kind of growth is pretty impressive.”

While he loved City Center, Kevin says he sees so much more opportunity for growth with Nathan Grace.

“It was time to see what is out there,” says Kevin. “because the business is changing so quickly. We were very busy, but not really growing. Nathan Grace is also very technology forward, which is going to be an even bigger component of our business going forward. The changes are coming, and we need to be prepared.”

Brokers are always reaching out to top agents, says Kevin, and he has been getting offers to move for year, but never considered a one until now.

“Every week, Nathan Grace has a “Live from Sherry Lane” Facebook feed show for all the agents, it’s a fun, upbeat atmosphere, welcoming and comfortable, not stuffy.”

Aside from Bill, Kevin comes to NG alone as he has a non-compete with Dallas City Center.

But that, he says, is not keeping his phone very silent.

 

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With a purchase price rumored (but not substantiated) to be in the seven figures, Berkshire Hathaway HomeServices PenFed Realty Texas has purchased a Flower Mound powerhouse agent and associates, all formerly of Keller Williams’s Preston Road office in Plano.

Russell Rhodes, one of the five top producing Keller Williams agents in the world for the last ten years, his 15 associate agents and 12 administrators, are now a part of the Berkshire Hathaway HomeServices brand.

Rhodes’ Dallas-Fort Worth based team generated $196 million in sales volume last year. 

Here is an example of how hard charging the Rhodes team is: of the 526 homes they sold last year throughout the DFW Metroplex, 322 were repeat client or past client referrals to Russell and his team.

To put this in another perspective, it would take a sweet deal to leave Keller Williams when you are pumping out that kind of sales volume. Which the Rhodes team apparently got. Keller Williams is known as having one of the most generous splits — that is, sharing of the commission with the broker — in the business. Every agent starts on a 70/30 split: 70% for the agent, 30% for Keller Williams. But by the time your 30% to KW reaches a certain level (about $23K in Dallas), you are “capped” and you get to keep 100% of your commission for the remainder of your fiscal year. With $196 million in sales, the Rhodes team met their cap way back during covered wagon days. Thus Rhodes left a 100% commission structure with Keller Williams to join Berkshire Hathaway Home Services PenFed.

Please note, Berkshire Hathaway HomeServices PenFed is NOT the same group that bought out Allie Beth Allman & Associates last year. It is like a cousin. The BHHS PenFed Realty is a franchise of Berkshire Hathaway HomeServices, part of the HSF Affiliates LLC family of real estate brokerage franchise networks, and is a wholly owned subsidiary of Pentagon Federal Credit Union, the third largest credit union in the US. (USAA is a competitor.) Previously an affiliate of the Prudential Real Estate network, the company changed its affiliation to Berkshire Hathaway HomeServices in November, 2014.” 

PenFed + Berkshire Hathaway Home Services merged financial services (PenFed) and the suite of online tools, agent support services and highly regarded brand that Berkshire Hathaway had in the bag.  The company has grown its annual sales volume to $3.8 billion with 1,700 sales agent and 50+ offices, providing complete real estate services nationwide.

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“We’ve been watching the Berkshire Hathaway HomeServices brand and are impressed by its business principles and core values, which are closely aligned with our own,” Rhodes told me. “For me this is a double win, aligning with a company that is so strong in relocation. The $20 billion PenFed Credit Union based in Washington is growing, and will continue to grow through the real estate agent network. PenFed Realty’s growth has been phenomenal, and we want to be a part of it.”

Still, why leave that generous split with KW? Relocation expertise + juicy client perks = more clients than ever. (more…)

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What a way to end the summer. I have known Vicki for a long time, as long as I have been blogging about Dallas real estate. I have even gotten to know her sister — both are darling gals — and turns out, Dallas born and raised Vicki is great friends with some of my good friends from my “mommy” years.

Briggs Freeman Sotheby’s International Realty will soon be sending out a press release that says Vicki has joined as a Senior Vice President, a “top producing real estate agent who brings 20 years of home renovation experience and an esteemed residential sales career to Dallas’ luxury brokerage.”

A passion for real estate and dedication to service combined with years of experience and high levels of expertise make Vicki a tremendous asset for clients throughout East Dallas, University Park, Highland Park, Preston Hollow, Uptown, North Dallas, and the surrounding areas of Plano, Frisco and Allen.

Her long list of clients is attributed to her ability to help buyers and sellers envision the potential of every property – from first-time homes to multi-million dollar estates. This added value results in successful sales at the maximum price and in the fewest possible days.

Since her first year of business as a multi-million dollar producer, Vicki has continued to stay at the top of her profession as an expert in luxury real estate. She has been consistently recognized as one of Dallas’ Best Realtors by D Magazine since 2012 and has received the Five Star Award from Texas Monthly Magazine since 2013. Vicki was also named one of Lakewood Advocate’s Top 25 Agents in production in both 2015 and 2016 as well as the Lake Highlands Advocate in 2015.

As you know, we don’t put much weight to many of those magazine “top agent” deals. But everything in this release is the gospel truth and more. She’s a great agent because she works hard, she cares, and she knows how to market a house.

I met VickiVicki White & Candy (more…)

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As I said Tuesday, the first of the year is when a lot of agents announce major changes and new beginnings.

One of those comes for former Ebby Halliday mega-producer Kenneth Walters, who made an official move January 1, 2016 from Ebby’s Little White House down the street (really, just across the hall) to Dave Perry-Miller and Associates.

It’s a merger, he says, that just makes sense.

“Dave Perry-Miller Real Estate specializes in the marketing of homes of quality and character, and maintains a client-first approach throughout the buying/selling process,” says Kenneth. “I live by the same credo but want to focus on all of that with a millennial approach.”

“Kenneth exemplifies the Dave Perry-Miller brand,” says the firm’s founding director, Dave Perry-Miller. “He is knowledgeable, discreet and excels in customer service.”

Kenneth racked up more than $25 million dollars over the last few years at Ebby, establishing himself as a top young producer. In 2013 he was named “Rookie of the Year”. He was the Little White House’s #3 top producer in 2015 and company-wide top producer in the 2nd and 3rd quarters of 2015.

Oh, and get this: Kenneth will be 27 years old in February! (more…)

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After 11 years at Ebby Halliday Realtors, Jeff Davids was offered the opportunity to move to Berkshire Hathaway HomeServices, a growing national brokerage in North Texas. Joining Davids as a sales associate is Mergim Neziraj, said Berkshire Hathaway Home Services PenFed Realty Texas president Rick Wylie.

“This will be great for me, but even better for my clients,” Davids said. “Berkshire Hathaway brings a certain element to the D/FW real estate market that we can all appreciate.  I look forward to continue giving my clients the level of service that they have always wanted and deserved,” said Jeff Davids.

The brand, which falls under the Berkshire Hathaway Inc. umbrella as part of the Oracle of Omaha, Warren Buffet’s empire, is growing in Texas, making big gains and attracting plenty of talented Realtors. Last November, Prudential Realty of Texas moved over to the new Berkshire Hathaway HomeServices brand, expanding the brand across the state. The new brand has since taken off.

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It’s a homecoming of sorts says Britt Lopez, who has been with Keller Williams since 2004 — back when Dallas City Center was a franchise of the brand. When Dallas City Center split from the brokerage and became independent, Lopez decided to go to Keller Williams Urban, where she has been since 2012. Now, she’s back with Kevin Caskey and his team of top-performing agents.

“For me, it’s a fresh start. It’s a new year, and it’s important for me to do that, to start over,” Lopez said. “I need to be around people who are like me, who work as hard as me, to keep me up there. I believe that an agent is only as good as the agents around them, and Dallas City Center is just a good working environment.”

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The Haven GroupWhoa Nellie, they are going to have to knock out a few walls, add some extra desks over there at Dave Perry-Miller Highland Park on Preston Road. Like 15 more desks. Maybe an addition is even in order. The 15 agent strong  Haven Group headed up by Christian Pyle has left Allie Beth Allman and joined up with the Highland Park office of Dave Perry-Miller.

“Now I really know how my clients feel when they move out of a home they have been in for years, a home they love,” says Chris Pyle. “We have many, many great friends at Allie Beth and we have loved the home, the experience, and Allie Beth and Pierce. But change is what jolts us, awakens us. I tell my clients this all the time, now I feel it. We have moved into a beautiful new home at Dave Perry-Miller.”

The new additions include Erin Ballard, Ashley Beane, Thomas Bellinger, Shirley Cohn, John Eller, Forrest Gregg, Greg Iker, Ryan Naggar, Chari Oglesby, Sharon Palmer, Alexis Pearl, Chris Pyle, Sylvia Scott, Susie Thompson, Kate Walters.

The Haven group sold in excess of 90 million in real estate sales last year, and plans to bump those numbers up this year, selling real estate in Park Cities, Preston Hollow, East Dallas, Lakewood and Uptown.