Total existing-home sales—completed transactions that include single-family homes, townhomes, condominiums and co-ops—rose 3.1% from December to a seasonally adjusted annual rate of 4.00 million in January.
J. Philip Real Estate Joins Howard Hanna | Rand Realty
NANUET—Howard Hanna | Rand Realty announced on May 17 that J. Philip Faranda and the agents of J. Philip Real Estate located at offices in Briarcliff Manor and Carmel have joined the brokerage firm.
The deal significantly expands the footprint of Howard Hanna | Rand Realty with two new offices in New York State, located in Briarcliff Manor at 522 North State Road and in Carmel at 529 Route 52.
J. Philip Real Estate is widely recognized as a premier independent brokerage serving Westchester and Putnam County, outselling all Westchester and Putnam-based boutiques by unit every year since 2017, Howard Hanna | Rand officials stated. No financial terms of the transaction were disclosed.
Matthew Rand, CEO of Howard Hanna | Rand Realty, said, “We are thrilled to welcome J. Philip Real Estate and team to the Howard Hanna | Rand Realty family, as his expertise in technology and marketing within the real estate industry will undoubtedly enhance our position as the most innovative and creative brokerage in the industry.”
Renee Zurlo, New York General Manager, added, “This is a significant milestone for both Howard Hanna | Rand Realty and J. Philip Real Estate. We will amplify our collective strengths, expand our reach, and offer unparalleled resources to our clients. This will undoubtedly enhance our ability to provide the best real estate experiences throughout New York and Connecticut.”
Philip Faranda, Founder and Principal of J. Philip Real Estate, said of the deal, “I have known the Rands for almost 15 years and always had the greatest respect for Joe, Matt, and of course Marsha in our many collaborations in transactions, association, and MLS matters, and industry events. It was important for me to align myself with a family-owned brand that was committed to professionalism and forward thinking. I see this as a significant opportunity to help our agents be the best in the business and give the clients an experience that will be the standard by which all our competitors will seek to measure themselves. I look forward to growing our market share and turning heads, thanks to now having the backing of the biggest private company in America.”
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. Howard Hanna | Rand Realty serves Westchester County, Rockland County, Orange County, Sullivan County, Dutchess County, Ulster County, Putnam County, 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. For more information, visit randrealty.com.
The Hanna Family of Companies proudly provides real estate, title, insurance, and mortgage services to clients across 13 states. The full-service real estate company has more than 500 offices and 15,000 sales associates and staff, including many of the industry’s top-producing real estate, title, mortgage and insurance agents.