For the second time in six months, Halsey Thrasher Harpole Real Estate Group is merging with another real estate company to expand their representation of clients in Northeast Arkansas.
Principals of HTHREG and RE/MAX Real Estate Centre announced the merger Thursday (Feb. 27). Financial terms of the deal were not released.
“We are so excited to have the ownership and agents of RE/MAX Real Estate Centre in Jonesboro become part of our organization,” said Jerry Halsey, Jr. “They have a rich history of superior production and customer service in this market, and we have been working with their ownership for the past several weeks to make sure that we had a smooth and exciting transition. We are thrilled at the expertise and skills they bring to our team.”
The company will not retain the RE/MAX franchise and agents will become part of the Halsey Thrasher Harpole Real Estate Group. Julie Webbe, a principal in the RE/MAX Real Estate Centre organization, echoed Halsey’s sentiments.
“Our team is very excited about joining the HTH organization,” Webbe said. “We all feel that we can learn from one another by drawing on both company’s experiences. In the end, the real winners will be the buyers and sellers of real estate in this market, because we are convinced the level of service we can all bring together is stronger than it was when we were separate.”
The merger is effective immediately. Halsey Thrasher Harpole is a multi-disciplined real estate company with divisions for brokerage, development and property management, with specialists in many disciplines. They have almost 300 acres in development and are ranked in the top ten largest property management firms in the state of Arkansas.
After merging with Upstage Real Estate in October of 2019, the RE/MAX merger will bring the total number of licensed agents to about 50 including commercial leasing agents and property managers.
“We think we have a bright future ahead,” Halsey stated. “The combined sales production of our organizations last year was right at $150 million, and that did not include commercial leases. We are anxious for everyone to get settled in and to offering the best service possible to our customers and tenants.”