North Texas brokerage United adds third merger in a year

REAL Dallas Properties & Management brings its 70-agent team to United in a move that both parties say benefits consumers and agents.

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United Real Estate announced on Tuesday that it would continue its expansion in Texas with the addition of the 70-agent REAL Dallas Properties & Management.

REAL became the third brokerage to join United in the past 12 months, the brokerage said. It now has more than 800 agents across North Temple.

REAL Dallas Properties agents who transition will move onto United’s transaction-fee model, which the firm says will help give agents more control over negotiating competitive fees with their clients.

That’s particularly relevant, as the changes outlined in the settlement agreement brokered by the National Association of Realtors are set to take effect Aug. 17. The changes are expected to put more focus and transparency around agent commissions.

“We are thrilled about our merger with United because we feel the culture and commission model are the right fit,” REAL Dallas broker/owner Luna Zenati said. “We are blending the best of both worlds: maintaining our culture and strong group of agents while adding a national partner and its array of resources at no cost to our agents.”

Zenati said REAL agents should expect to earn more money as a result of the merger.

“They are getting a raise. Not to mention, they can access exciting services they never had before, such as PPO health plans, wealth management & retirement planning, LeadBoost, Marketing Hub and national training,” Zenati said in a statement. “We are upgrading and becoming better versions of ourselves.”

United Real Estate was founded in 2011 and has grown into one of the largest brokerages in the country by volume.

“With upcoming changes in our industry, we are preparing our agents with the flexibility in how they do business,” United owner Nieke Valadez said in a statement. “Our transition from a brokerage commission-split model to a transaction-fee model means they can negotiate more competitive client fees and win more business in any type of market.” 

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Broker Spotlight: Vanessa Griffin, The Agency Tyler

Learn more about this Tyler, Texas, broker, who leads by example to foster a culture of excellence and growth for her agents.

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Name: Vanessa Griffin

Title: Managing partner, broker

Experience: 20 years in the industry, 10 years as a broker-owner

Location: Tyler, Texas

Brokerage name: The Agency Tyler

Team size: 6

Transaction sides: 122 sides (2023)

Sales volume: $55 million (2023)

What are 3 reasons you should be in the Broker Spotlight?

  1. As a broker, I take immense pride in nurturing and guiding my agents to success. I am deeply passionate about supporting their growth, leading by example and fostering a culture of excellence within our team. I find great joy in watching my agents flourish and achieve their professional goals. I make it a priority to be accessible to them at all times, offering guidance, encouragement and strategic insights to help them navigate their careers in real estate with confidence and proficiency.
  2. I am driven by a profound passion for real estate. This enthusiasm fuels my continuous pursuit of industry knowledge and innovation. I leverage my expertise to guide clients through complex transactions, offering strategic insights and delivering exceptional outcomes. My hands-on involvement ensures that every client receives the highest level of expertise and care.
  3. Throughout my career, I have consistently delivered outstanding results for my clients. Whether negotiating deals or providing comprehensive support throughout the buying or selling process, my focus remains on achieving optimal outcomes.

What’s your top tip for freshly licensed brokers?

Prioritize implementing robust systems from the outset. Investing in reliable systems and processes early on sets a solid foundation for your brokerage’s success. Whether it’s CRM tools for client management, marketing automation or transaction management software, having these systems in place streamlines operations, enhances efficiency and supports sustainable growth.

Embrace technology that aligns with your business goals and adapt as needed to stay competitive in the dynamic real estate market.

What makes a good leader?

 A good leader in real estate excels at fostering a culture of collaboration and staying ahead with industry trends, including technology. I believe in creating a collaborative environment where team members feel valued and empowered to contribute.

Staying current with technology and industry advancements is crucial; as a lifelong learner, I ensure we’re well-informed and equipped to deliver exceptional service.  I also strive to always lead by example, inspiring my agents to uphold high standards and innovate for our clients’ benefit.

What’s one thing you wish every agent knew?

One thing I wish every agent knew is the critical importance of their database. Your database is your lifeline in real estate. From the moment you start, prioritize setting up a CRM. It doesn’t need to be the most expensive or elaborate; there are plenty of affordable options that effectively organize your contacts and interactions.

The key is consistency: regularly update and engage with your database to nurture relationships and stay top-of-mind. Set achievable goals for adding new contacts each day or week to ensure steady growth and sustained client connections.

Email Christy Murdock