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.
NANUET—Howard Hanna | Rand Realty reported on Oct. 11 it had acquired Murphy Realty Group, located at 304 Wall St. in Kingston in Ulster County.
The firm’s entrance into Ulster County, NY, adds more than 40 hand-selected local agents, well-known for their experience and knowledge in the area, in an office recognized for more than seven years as the #1 independently owned office in the Hudson Valley Catskill Region.
The Murphy Realty Group sets itself apart from its competitors with its service, knowledge, and community relationships, which perfectly aligns with the mission and vision of Howard Hanna | Rand Realty, company officials stated.
“I am incredibly excited about what this represents for the growth and expansion of our brand in New York. Opening an office in a new region is always a tremendous accomplishment for our company, and the Murphy Realty Group brings an exceptional team of agents to the table,” said Matt Rand, Chief Executive Officer at Howard Hanna | Rand Realty.
Murphy Realty Group will continue to operate its office in Kingston as Howard Hanna | Rand Realty under the leadership of John Murphy, who has been a leader in Ulster County real estate for more than 30 years, at the top in both residential and commercial sales. He has also been the Kingston High School Football coach for the last 25 years.
“Howard Hanna | Rand Realty’s impressive marketing strategies, combined with their dedication to their agents, was one of the many reasons we decided to be part of this renowned brand. I am happy to continue to grow and serve our community under the Howard Hanna | Rand Realty brand,” said Murphy.
Renee Zurlo, General Manager of Howard Hanna | Rand Realty New York, concluded, “An office in Kingston will bring tremendous opportunities to our agents and customers. As we expand across New York, a strong presence in the Catskill region is an important element to our success.”
About Howard Hanna | Rand Realty: 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 Westchester County, Rockland County, Orange County, Sullivan County, Dutchess County, Ulster County, Putnam and the Bronx in New York, Bergen County, Passaic County, Hudson County, Morris County, Essex County, and Union County in New Jersey, 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.
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