Dallas-based brokerage and franchisor United Real Estate announced its second merger this month on Wednesday and may not be done yet.
After announcing a merger with Benchmark Realty last week, URE says it has also merged with the largest residential brokerage in Georgia, Virtual Properties Realty. VPR, founded in 1999, has 14 offices and 3,700 agents in the Greater Atlanta area and closed more than $2.5 billion in annual sales in the 12 months through November.
Steve Wagner
In a statement, VPR broker-owner and co-founder Steve Wagner said the merger “turbocharges” the brokerage’s “mission of progressive growth.”
“VPR just gained a strong national footprint and better capacity to deliver what is needed to propel us into our future,” he said.