Corcoran Brings On Third Houston Franchise, Corcoran Genesis

The brand new franchise, led by house owners Nicole and Doug Freer, will service purchasers in Houston’s suburbs. The couple’s crew was No. 1 in Texas based mostly on 2022 gross sales quantity and transaction sides.

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The Corcoran Group has welcomed its latest franchise, the Houston-based Corcoran Genesis, the agency has knowledgeable Inman.

Led by house owners Nicole Freer and Doug Freer, the agency will serve purchasers in Houston’s suburbs, increasing Corcoran’s present presence within the space, which incorporates Corcoran Ferester Realty in North Houston and The Woodlands, and Corcoran Prestige Realty within the larger Houston metro space.

Pamela Liebman | Corcoran Group

“It’s thrilling to see our Houston market presence proceed to develop with the addition of Corcoran Genesis,” Pamela Liebman, president and CEO of The Corcoran Group, stated in an announcement. “With a formidable observe report, not solely compared to their native suburban market but additionally all through the larger Houston and nationwide market, I’m assured they may obtain even larger success with the assets and energy of the Corcoran Model behind them.”

Nicole Freer began her actual property profession in 2013, and after discovering success throughout her first couple of years as an agent, launched the Nicole Freer Group in 2015 alongside her husband, Doug, who introduced a background in finance, administration and actual property funding to the crew. Nicole Freer not too long ago surpassed the $1 billion closed gross sales mark as a single agent, changing into one of many top-producing feminine crew leaders in Houston.

Nicole Freer | Nicole Freer Group

The 14-agent crew, which can now function underneath the bigger Corcoran Genesis banner, transacted about 890 properties throughout $358 million in actual property in 2023. The Nicole Freer Group was ranked the No. 1 medium crew within the nation based mostly on transaction sides and the No. 22 medium crew within the nation based mostly on gross sales quantity in 2022, in accordance with RealTrends. That very same 12 months, the crew was the No. 1 in Texas, based mostly on each transaction sides and gross sales quantity.

“By changing into affiliated with Corcoran and getting access to the premium branding, progressive expertise platform, artistic advertising alternatives, and key recruiting navigation, we can be poised to develop each swiftly and thoughtfully,” Nicole Freer stated in an announcement. “Alongside this thrilling partnership and progress potential, I sit up for persevering with our dedication to offering distinctive shopper service and to offering invaluable growth alternatives for our brokers.”

President of Corcoran Associates Stephanie Anton stated the ability of Corcoran Group, paired with Corcoran Genesis’ service to their purchasers and their brokers, would map a path for achievement for the brand new franchise.

Stephanie Anton

Stephanie Anton | Corcoran Affiliate Community

“Corcoran’s dedication to constructing a particular model, coupled with our curated native advertising and distinctive present associates, has solidified our sturdy presence within the Houston market,” Anton stated in an announcement. “Corcoran Genesis’ key pillars of excellence in shopper service, dedication to their brokers, and efficiency historical past make them a super companion for us, and I’m desirous to see this new endeavor profit our total affiliate community.”

Houston’s suburbs embrace amenity-rich neighborhoods like Katy, Cypress, Fulshear, League Metropolis, Sugar Land, Kingwood and others, that are family-friendly with top-rated faculties and ample parks. Housing choices could embrace all the things from single-family houses to townhomes and condos, and neighborhoods typically function high-end eating, retail facilities, sports activities and leisure venues, in addition to easy accessibility to downtown Houston and its choices.

The median gross sales value of a single-family house in larger Houston was $320,500 in January 2024, up 2.1 p.c 12 months over 12 months, in accordance with the Houston Association of Realtors. Houses within the $500,000 to $1 million value vary noticed the best gross sales beneficial properties 12 months over 12 months, leaping 16.7 p.c from January 2023 to January 2024, adopted intently behind by houses priced $1 million and up, gross sales of which elevated 15.4 p.c 12 months over 12 months.

In 2023, Corcoran Group launched new associates in Northern California; New Jersey; Texas; Verona, Italy; and Ontario, Canada.

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