Report: Luxury Home Sales in Markets North of NYC Increased by Double Digits in the Third Quarter
The growing number of closed sales is concentrated in the lower end of the luxury market.
JERSEY CITY, NJ—Howard Hanna | Rand Realty announced on Aug. 17 the acquisition of Allure Realty located at 930 Newark Ave. #326, Jersey City NJ, which continues its expansion in the Garden State.
“The acquisition of Allure Realty and having a new office in Journal Square is a terrific opportunity for our company. As we continue our expansion across New Jersey, New York, and Connecticut, we continue to provide the highest quality service for our customers. We have a great relationship with Jason Garcia and his team and we are thrilled to be working together,” said Matt Rand, Chief Executive Officer of Howard Hanna | Rand Realty.
The Jersey City office adds 20 experienced agents, which will now operate under the Howard Hanna | Rand Realty brand under the leadership of Jason Garcia.
Garcia is the founder of Allure Realty and has more than 15 years of experience in the real estate business.
“I knew quickly that Howard Hanna | Rand Realty was the company that is a perfect fit for our mission: to provide world-class real estate service with a ‘Mom and Pop Shop’ client experience. Our agents will now be provided with top notch technology, a larger network, and more training opportunities. I’m excited about working with the Rand and Hanna families to learn what it takes to build such a strong and deeply rooted company,” said Jason Garcia.
Harveer Singh, current branch manager of the existing Howard Hanna | Rand Realty Jersey City office, will also be providing support to the new location.
“I am thrilled to welcome Jason and his team to Howard Hanna | Rand Realty. I know that Jason will be a successful manager who will create a powerhouse office. I am looking forward to working with Jason and providing assistance and support whenever needed. Howard Hanna | Rand Realty continues to develop its presence in Jersey City and I can’t wait to see all the great things this office will accomplish,” said Harveer.
Howard Hanna Rand Realty has more than 1,100 residential real estate sales associates serving New York, New Jersey, and Connecticut suburbs of New York City. Its 34 offices serve Bergen County, Passaic County, Hudson County, Morris County, Essex County, and Union County in New Jersey, Westchester County, Rockland County, Orange County, Sullivan County, Dutchess County, Ulster County, and the Bronx in New York, and Fairfield County in Connecticut. Rand also owns and operates Rand Commercial, a commercial real estate brokerage, and Hudson United Home Services, which provides residential mortgage lending, title services, and personal and commercial insurance.
Howard Hanna Real Estate Services is the largest privately held real estate broker in the United States. The full-service real estate company has nearly 500 real estate, mortgage, insurance, title, and escrow service offices across 13 states, including Allen Tate Realtors in the Carolinas and F.C. Tucker Company in Indiana, with more than 14,000 sales associates and staff, including many of the industry’s top-producing real estate agents.
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