User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


23° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Share your Photos, Videos, and Stories on uShare! Click here to get started.

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Keller Williams Buys Out HJN Realty

July 29, 2014, 10:08 PM by Sammi Bjelland

Keller Williams Buys Out HJN Realty
SIOUX FALLS, SD -

We first reported Monday night that Keller Williams Realty Sioux Falls is buying out HJN Realty. Tuesday, the two businesses came together to let employees know what this means for the future of the business.

"Keller Williams is the largest real estate company in the world. Sioux Falls Realty, I believe, is probably the largest real estate company in the state," said Tony Ratchford, owner of Keller Williams Realty Sioux Falls.

And according to the Sioux Empire Realtors Association, that's correct. With about 180 agents, after acquiring HJN Realty, Keller Willams Realty Sioux Falls is now the largest agency in state history.

The company is worth about half a billion dollars in home sales.

"I'll just let you know this, we have 24 market centers in the upper midwest that we work with. And this is the fastest launch we've ever had out of 25 market centers, so 24. Fastest launch ever," said Keller Williams Regional Director, Todd Butzer. 

Former HJN Realty owner, Jeff Nelson, says he may have underestimated the Keller Williams team when they first came to town.

"You know, I look around here and I see a lot of people I taught in Real Estate School, and I see a lot of people I interviewed to come to work with me that did. And then left to come here," said Nelson. 

Talks between Nelson and Ratchford just started about 6 weeks ago. Because it happened so fast, some employees were surprised.

Teresa Schurz works for Keller Williams and serves as Treasurer for the Realtor Association of the Sioux Empire. She says this is exciting, and shouldn't take a huge toll on other companies in town.

"Probably the average agents here in Sioux Falls probably won't feel that much of a difference. I think that it's very exciting for the agents of Keller Williams and HJN of course. And there's a lot of other really talented and professional people in the other companies as well. So it's fun for Keller Williams to be the largest company, but I don't think for the average agent they're going to see that big of a difference," said Schurz.

There are about 680 active realtors working in Sioux Falls. Some of the other big agencies in town include; Hegg Realty as the second largest, AmeriStar comes in third, and ReMax rounds out the top four.

Previous Story

Next Story


Comments







 
Find Local Businesses on KELO Pages!

View business

You may also like

Sioux Falls Nail Salon Shut Down By SD Cosmetology Commission

10/30/2014 11:00 AM

The South Dakota Cosmetology Commission has shut down #1 Nails Salon in Sioux Falls.  The commission revoked the license of owner Ngoc Lan T...

Full Story
Nail Salon's License Revoked

10/30/2014 6:07 PM

Bribery attempts and safety and sanitary violations have put a Sioux Falls nail salon owner out of business.

Full Story | Watch
SD Unclaimed Property Fund Up To $65 Million

10/30/2014 1:45 PM

South Dakota's unclaimed property fund is now up to $65 million.

Full Story
Sioux Falls To Get Second Five Guys Location

10/29/2014 11:45 AM

Five Guys Burgers and Fries will open up a second location in Sioux Falls in the former Extreme Automotive building at 49th Street and Louise Avenue.

Full Story
Three Sushi Restaurants Back Open

10/27/2014 11:10 AM

The three sushi restaurants that closed last week in Sioux Falls were back open for business over the weekend.

Full Story


Events