Press Release from ERA Real Estate
ERA Doty Real Estate, a leading Jonesboro-based real estate brokerage, today announced that it has acquired Fred Dacus Associates, dramatically expanding its market presence in the fast-growing, Northeast Arkansas real estate market.
Under the leadership of Fred and Brenda Dacus, the firm’s 43 independent sales associates were responsible for $71,000,000.00 in sales volume in 2015. The firm’s office, located at the intersection of Caraway Road and Race Street, will now operate under the banner of ERA Doty Real Estate.
“We are excited to welcome Fred Dacus Associates to the ERA® team,” stated Steve Doty, President and Founder of ERA Doty Real Estate. “Combining operations with one of the state’s largest and most-respected real estate companies not only solidifies our position as a dominant force in Northeast Arkansas real estate, but leverages the in-depth, local expertise of this longstanding, family focused company.”
Founded in 1974 by Fred and Brenda Dacus, Fred Dacus Associates is an industry icon, representing more than four decades of strength and stability in Arkansas real estate.
“Our agency has enjoyed many years of success as we have helped thousands of families to find homes, raise their children and enjoy life in Northeast Arkansas,” said Fred Dacus. “This next step in the company’s evolution positions our accomplished sales associates for future success by providing the team with access to ERA’s proprietary technology platforms, industry-leading learning programs and comprehensive marketing distribution channels.”
“We have always been a family-based business,” added Brenda Dacus. “From the beginning, we have been committed to making a positive impact and a difference in the lives of the people we served, a core value we share with ERA Doty Real Estate.”
Fred and Brenda Dacus will remain with the firm, focused on serving clients as well as lending their leadership expertise to ensure a seamless transition for both sales associates and customers.
“What many people may not realize is that our company connections go back nearly 40 years,” said Doty. “Fred began his real estate career working with my parents, Elmer and Mary John Doty in the early 1970’s, and it was my parents who helped show me the ropes back in 2002 when I was just getting started. We are all excited to leverage our shared foundation of family support to bring the company to the next level.”
ERA Doty Real Estate’s headquarters will remain at its current location on Grant Avenue in Jonesboro. Doty will acquire and rebrand the Fred Dacus Associates building located at the heavily traveled intersection of Caraway Road and Race Street in Jonesboro.
ERA Doty Real Estate will now have 58 real estate agents as well as an experienced administrative, marketing and support staff working from offices in both Jonesboro and Flippin, Arkansas.
About ERA Real Estate ERA Real Estate is an innovative franchising leader in the residential real estate industry with nearly 45 years of experience in developing consumer-oriented products and services. The ERA network includes approximately 37,000 affiliated brokers and independent sales associates and 2,350 offices throughout the United States and 33 countries and territories. Each office is independently owned and operated. ERA Real Estate is a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), a global provider of real estate services. ERA Real Estate information is available at: ERA.com.