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Real Estate Innovator Acquires Realty ONE Group San Diego Region

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03/20/2018

SAN DIEGO, CA Mar. 20, 2018 — Realty ONE Group’s own Chief Strategy Officer, Burke Smith, a nationally recognized real estate entrepreneur and successful California real estate broker, has entered into an agreement to acquire the three Realty ONE Group offices in San Diego, as well as the franchise and regional development rights for the market.  The three offices currently consisting of a total of 265 agents will maintain the Realty ONE Group brand and business model, but will now operate as franchise units owned 100% by Mr. Smith’s holding company TCQ Holdings Inc.

“After many years of experiencing the historic growth of Realty ONE Group inside and outside the company, I felt it was time to focus my full attention on the growth of the San Diego market and luckily Kuba and his brilliant executive team agreed my proposal for acquiring the market.” Smith said.  “I have had the privilege of working with real estate professionals from big brokerages to small boutique shops and every business model in the industry old and new across the country in just about all 50 states.  That knowledge is what has given me the confidence to know that this is the best brand operating in the best business model in the industry and now. It won’t be long before we have over 1000 agents in San Diego County alone.”

“Burke has been part of the Realty ONE Group family for over 7 years in one way or the other, whether it be coaching and training thousands of our agents or more recently as one of the company’s top executives,” said Kuba Jewgieniew , CEO and Founder of Realty ONE Group. “Our goal in San Diego is to support the development of our real estate professionals and to expand our presence across the entire county of San Diego.  Burke was the driving force behind launching our company’s ONE University and has a proven track record of successfully growing a real estate brand in San Diego that our San Diego based real estate professionals will all benefit from tremendously.”

The three offices involved in the acquisition are located in Carlsbad, Rancho Bernardo and Mission Valley. Realty ONE Group San Diego will continue to operate out of those offices.

About Burke Smith:  Burke is a licensed California real estate broker who is personally responsible for closing over 1500 transactions and over $1billion in residential real estate sales.  He speaks to thousands of real estate professionals every year about practical ways to WIN more listings and CONVERT more buyers using innovative offline and online marketing strategies that he has proven to work.  As a consultant and a trainer to some of the most successful agents in the country, his clients have closed over $25 billion in residential real estate.   Previously, Burke served as Chief Strategy Officer at Realty One Group, Inc. where he managed all strategic partnerships as well as marketing, communications, coaching, training and business development.  Prior to joining Realty ONE, Burke served as EVP of Business Alliances at American Home Shield, a division of Servicemaster, Inc. where he successfully managed partnerships with hundreds of real estate companies and thousands of real estate agents. At HSA Home Warranty, a division of American Home Shield, Burke held the positions of President and Chief Communications Officer. Mr. Smith previously served as a member of the Executive Team and Director of Strategic Development for BHHS California Realty.  Prior to joining BHHS, using a unique Internet-driven business model, he built one of the largest single office real estate companies in the country. Mr. Smith has been featured on CNN, in RISMedia, the New York Times, the San Diego Union Tribune, The Real Deal, and was nominated two years in a row for the Inman Innovator of the year.

About Realty ONE Group: One-hundred percent family-owned and debt-free, Realty ONE Group was founded in 2005 and is proudly known as the industry’s premier UNbrokerage. Realty ONE Group has rapidly evolved with over 10,000 real estate professionals in 110 offices across 26 states. Ranked in the top one percent in the nation by REAL Trends, recognized by Entrepreneur Magazine as a Top 5 Real Estate Franchise, and landing a coveted spot on the Inc. 500 Fastest-Growing Companies list for seven consecutive years, Realty ONE Group has been surging ahead, opening doors, not only for its clients but also for its real estate professionals and franchise owners. To learn more, visit http://www.RealtyONEGroup.com.

Digital Content Specialist - Realty ONE Group

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