The Actual Brokerage is a already a high 10 firm by way of transaction quantity and sides — and it continued its progress this week in two of the nation’s most populous states.
Miami-based Actual on Tuesday introduced the addition of Harvest Realty, an impartial brokerage in Southern California with 550 brokers. Led by the husband-and-wife group of John Zhang and Christine Li, Harvest focuses on serving the Chinese language group in SoCal.
Zhang and Li based the corporate in 2014 and have targeted on progress in Los Angeles and Orange counties. Since its founding, Harvest has closed 5,210 transactions for $6.8 billion — together with 1,627 sides for $2.4 billion in 2024 alone.
“Christine and John’s journey is the form of story that evokes anybody chasing their model of the American Dream. After rock-solid careers of their very own, they determined to mix their abilities and their shared ardour to assist Chinese language residence patrons, sellers and buyers navigate Southern California’s aggressive actual property market,” Actual President Sharran Srivatsaa stated in a press release.
“They’ve set the gold customary for service to the Chinese language group. Their story isn’t nearly success — it’s about making a distinction, and we couldn’t be extra thrilled to welcome this unbelievable duo and their complete group to the Actual household.”
Harvest is affiliating with Actual beneath the brokerage’s private-label program, permitting it to maintain its personal branding whereas making the most of Actual’s sources and compensation applications. Actual can even supply its digital group platform to Harvest brokers. The platform contains translations in additional than 90 languages to optimize communications.
“Actual offers the expertise and applications that can assist our brokers enhance their manufacturing and develop into extra environment friendly, whereas additionally offering income share and inventory choices that tie their success to that of the corporate,” Li stated in a press release. “Nonetheless, what was most vital was Actual’s management. They’re nice leaders, and we’re assured that the Actual platform will enable us to proceed to develop and serve our brokers and shoppers.”
On Wednesday, Actual additionally introduced the addition of The Burgman Group, a three-agent group that serves Florida‘s House Coast area. The group is led by Shane Burgman, who has averaged 50 residence gross sales per 12 months throughout his 10-year profession, racking up greater than $200 million in gross sales within the course of.
Burgman started his actual property profession in 2015 after 10 years with the U.S. Navy as a nuclear submarine missile technician. He credit his time within the Navy for enabling a profitable transition to actual property. He’ll be part of Actual’s army division to concentrate on serving to veterans, active-duty service members and their households.
“Shane’s unwavering honesty and relentless work ethic have earned him a repute as one of the trusted names in actual property and a frontrunner amongst his friends,” Srivatsaa stated. “I’m thrilled to welcome Shane and his group to Actual and look ahead to seeing how our platform helps them elevate their impression on shoppers whereas inspiring their friends.”
“I’ve been following Actual for some time. I’m stoked about this new alternative and thrilled to boost my shoppers’ general expertise,“ Burgman stated. “Actual’s fee construction and income share present upside potential that enables us to construct long-term wealth, whereas the corporate’s expertise platform is designed for groups like ours which might be all the time seeking to higher serve shoppers. We couldn’t be extra excited to make the transfer to Actual.”
The additions of Harvest Realty and The Burgman Group convey Actual’s whole agent depend to greater than 24,000. In accordance with 2023 information from RealTrends Verified, Actual ranked because the sixth-largest brokerage within the nation with 48,905 transaction sides and was the tenth largest by transaction quantity at greater than $21.2 billion.
