Parks Expands Presence in Middle Tennessee

Posted by Parks Marketing on Friday, April 28th, 2023 at 2:13pm.

Nashville-based residential real estate brokerage, Parks Real Estate (formerly Parks Realty) is expanding its presence in the Middle Tennessee market through the rebranding of three office locations, previously operated under its partner brand, Village Real Estate. The change increases Parks’ total to more than 1,400 REALTORS® across five counties, a 30% increase, solidifying its position as the largest independent real estate company in Middle Tennessee with more than $6 billion in annual sales volume.

“Both Parks and Village have long histories of success as locally owned firms, founded in Middle Tennessee decades ago,” said Parks CEO Hunter Connelly. “Since Parks and Village merged two years ago, our overall market share has grown considerably. Now, under one flag, we will help our agents be even more competitive in our market. With national real estate firms continually entering our local business community, it’s more important than ever to have a strong brand and clarify who is the definitive market leader in Middle Tennessee.”

Parks and Village merged in January 2021, creating the largest residential real estate firm in the state. With the addition of Pilkerton Realtors in 2022, the company now claims a 17% market share by annual sales volume in Middle Tennessee, up from 15% in 2021. Parks Realty and Village Real Estate offices rebranded to Parks Real Estate in April 2023. The rebrand enables the firm to further invest in best-in-class staff, tools, training, and processes to add value for clients and help its agents thrive.

“The goal of the Parks/Village merger was to create a platform where agents can find success through the best staff, tools, and resources. Providing comprehensive support to our agents has and will continue to be our utmost priority,” said Parks Chairman and Founder Bob Parks.

Founded in 1996 by Mark Deutschmann, Village is home to 400 real estate agents with office locations in Nashville’s Hillsboro Village, East Nashville, and Franklin. Its managing brokers and staff will continue serving in their current roles supporting agents and clients throughout Middle Tennessee.

 

PARKS REAL ESTATE

Parks Real Estate is home to more than 1,400 agents in 15 offices across five counties, making it the largest locally-owned real estate company in Middle Tennessee. Parks frequently earns the top ranking in annual market share with home sales totaling in the billions. Parks is the Nashville Business Journal’s top-ranked residential brokerage firm and highly ranked as a top real estate brokerage in the U.S by the RealTrends Top 500 Report. With a focus on staff and agents, Parks has been recognized as a Top Workplace by The Tennessean for seven consecutive years.

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