Howard Hanna Real Estate Services’ sister company, Allen Tate Realtors made its second acquisition since partnering with Howard Hanna. Allen Tate acquired Realty One, an independent residential brokerage firm based in Winston Salem, North Carolina, serving the greater Triad region.
“This is the second acquisition for Allen Tate in the past month as we continue to grow the company, solidifying our market position in the Carolinas and the Southeast,” Howard Hanna Real Estate President Howard W. "Hoby" Hanna III said, in a statement.
Established in 2010, Realty One is an independent, family-owned residential real estate company with more than 65 experienced real estate agents serving clients throughout Forsyth, Guilford, Davidson, Davie, Stokes, Surry and Yadkin counties. In 2018, Realty One closed $93 million in sales volume.
Eric Munger, owner and broker-in-charge of Realty One, will join the Allen Tate-Winston Salem leadership team, along with branch leaders Angela Kalamaras and Holly Lindsey.
In September 2018, Allen Tate Realtors joined forces with Howard Hanna, which created a real estate company of more than 11,000 agents and employees in more than 300 offices in 10 states. The partnership with Howard Hanna gave Allen Tate Realtors substantial traction and scale in the competitive real estate industry and the opportunity to grow through acquisitions.
Allen Tate Cos. operates in the Charlotte, Triad, Triangle, High Country and Upstate South Carolina regions.