The Company expands to DC with $220M RE/MAX brokerage

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Led by Nurit Coombe and Alex Martinez, RE/MAX Elite Companies will quickly grow to be The Company D.C. Metro.

RE/MAX Elite Companies is leaving the RE/MAX household and affiliating with The Agency to kind the worldwide luxurious actual property brokerage’s thirty fifth workplace and first within the Washington D.C. space.

Mauricio Umansky | Picture credit score: The Company

Led by Nurit Coombe and Alex Martinez, the brokerage boasts 30 brokers who offered a complete of greater than 500 properties in 2019, price $220 million in gross sales quantity. The team-owned brokerage stated it’s on tempo to eclipse $300 million in gross sales in 2020.

“The time is correct for us to mix our modern methods with The Company’s highly effective branding and advertising and marketing prowess and to create one thing that the D.C. market has by no means seen earlier than,” Coombe stated in an announcement. “We’re trying ahead to changing into a part of The Company’s world household and constructing our workplace right here in Bethesda.”

Coombe, who was born in Israel and served within the Israeli Military, has a various background in the actual property trade, holding quite a lot of totally different management positions. She’s been in the actual property trade since 2001.

Martinez is an 18-year veteran of the actual property trade in Maryland.

Each Coombe, Martinez and their crew are regulars on the nationwide tv present American Dream, which showcases the Washington D.C. metro space’s actual property scene.

“We’re happy to accomplice with esteemed actual property veterans Nurit Coombe and Alex Martinez to carry The Company to Washington, D.C.,” The Company CEO Mauricio Umansky stated in an announcement. “We’re all the time seeking to accomplice with notable groups in new markets across the globe.”

“Nurit and Alex caught our consideration with what they’ve been in a position to obtain in Washington, D.C., and we all know that they are going to be nice stewards of The Company model and tradition.”

The enlargement provides the Company — which was based in Los Angeles however has places of work within the U.S., Canada and Caribbean — a large presence in one of many nation’s priciest metro markets. The leaders available in the market embody Long & Foster Real Estate and Compass.

The brokerage closed greater than $5 billion in gross sales in 2019, good for twenty fifth within the nation total, according to the Swanepoel Mega 1000. 

Email Patrick Kearns

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