ONEONTA, N.Y. — RealtyUSA has acquired Oneonta–based Exit Team Advantage Realty and will merge it with RealtyUSA’s Oneonta office, located at 75 Market St. Exit Team Advantage Realty is located at 5366 Main St. in Oneonta. RealtyUSA announced the deal in a news release distributed on March 16. The company didn’t release any […]
ONEONTA, N.Y. — RealtyUSA has acquired Oneonta–based Exit Team Advantage Realty and will merge it with RealtyUSA’s Oneonta office, located at 75 Market St.
Exit Team Advantage Realty is located at 5366 Main St. in Oneonta.
RealtyUSA announced the deal in a news release distributed on March 16. The company didn’t release any terms of the acquisition.
RealtyUSA acquired all of Exit Team Advantage’s assets in the deal, says Thad DeMulder, a RealtyUSA vice president and general manager working in its Southern Tier and Western New York regions.
The assets include Exit Team’s 11 agents and its one administrative employee, the agents’ real-estate listings, and its client base, says DeMulder.
Exit Team’s former owner, Tom Tillapaugh, will stay on as a member of the sales team, DeMulder adds.
DeMulder told CNYBJ that he spoke with Tillapaugh on March 18 during a welcome party for the newest RealtyUSA employees, noting that Tillapaugh was “excited” about the deal.
Exit Team Advantage Realty expressed “with deep gratitude” its appreciation to the customer that made the business a “success” over the last 10 years, Tillapaugh said in the RealtyUSA news release.
“Our partnership with RealtyUSA makes it possible to offer even more valuable products and services to them in the future. We are pleased to become part of such a successful and professional organization,” Tillapaugh said.
Realty USA hopes its new agents will choose to stay, said Paul DeStefano, RealtyUSA’s vice president of public relations and communications.
Independent agents usually follow the lead of the owner, DeStefano noted. And after spending several months in their new surroundings, he added, 99 percent of them decide to stay.
DeMulder says the new agents are not required to move into the RealtyUSA Oneonta office. The company has four offices in the area with enough space for the agents to choose which office is most convenient for them, DeMulder said.
Tom Spychalski, the current sales manager in RealtyUSA Oneonta office, will retain his position, the company said.
RealtyUSA has more than 60 offices and about 2,600 agents and employees in upstate New York, making it the largest independent real estate company in the region, according the news release.
Contact The Business Journal News Network at news@cnybj.com
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