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October 31, 2008

Howard Hanna Buys Realty One Real Living
Trick or Treat? The rumors have been flying for about a week or so now, and it's finally official. Howard Hanna has purchased Realty One Real Living. The deal was finalized today, (Halloween) and the transition is now taking place. Howard Hanna has already purchased an additional 5,000 yard signs and they will soon be replacing Realty One Real Living's. This will be a combination unlike any other in Northeast Ohio. Howard Hanna will dominate the real estate market owning almost 40% of the market share on the listing and selling side.

To work with a Howard Hanna agent, simply start by searching the OHIO MLS or Selling A Home Form to start the process today and work with the best agents in the Cleveland area.

Howard Hanna and Realty One Real Living are the two largest real estate companies in Northeast Ohio and they have been the top two competitors for real estate in the Cleveland, Ohio area for years. Each broker has thousands of agents and local offices around the greater Cleveland area including downtown. Both real estate companies are very similar with the way they work with buyers and sellers and have the same buyer and seller agency practices along with the same fees and commission charges.

This is very exciting and big news for Ohio and the real estate industry. Realty One Real Living was the leading broker for years and Howard Hanna formerly Smythe Cramer, always came in a close second in most markets and cities in Northeast Ohio. Here's where they stand currently year to date for the west side of Cleveland and western suburbs:
  • Realty One Real Living with total sales of 3,085. Realty One has 18% of the market share. 22% of the market dollars in real estate sales. Realty One is also number one on the listing side carrying 19% of the market's listings with the highest listing dollar amount average being $220,200.
  • Howard Hanna Real Estate with total sales of 2,615 and holding 15% of the sales market. Howard Hanna also has 16% of the listing market.

This means that with the merger, the top benefits of both companies; in-house real estate services, a dominant online presence, outstanding marketing and worldwide relocation tools will combine to make a real estate powerhouse. Expect top of the line services and award winning tools and products to help you buy or sell a home. More details are yet to come as this news has just been announced, but so far, Ohio offices will remain the same with the same management for now. Two listing and selling forces in Cleveland dedicated to keep our real estate market up to date and the most resourceful. Now when you connect with one, you're getting both on your side.


Contact the Howard Hanna team today to buy or sell a home in Ohio

440-781-8737 - Call or Text 24 hours
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