Winds of Change, New Name and Affiliation... As of July 1, 2012 my company will no longer be Prudential Professionals Realty but Prudential PenFed Realty.
The current ownership of the company felt like it was in their best interests and the interests of the agents to join the Pentagon Federal network. We were told this today at a called breakfast meeting and introduced to the Executive Vice President of PenFed Group. Mr. Vohra from PenFed spoke about the growth plan for the PenFed's real estate branch and it's plan to have 5000 agents within 36 months. Currently there are 1100 agents under the PenFed name.
Additionally, the benefit of belonging to such a strong financial institution like Pentagon Federal was shared. It has great financial assets and over a billion dollars in available capital. So with this Winds of Change, New Name and Affiliation, big things are in the works for this company. The PenFed group plan to be in strategic markets near military posts and bases to aid in building the strength of their referral network. So other markets are surely to be affected as well. If you work for a real estate company, will your company be next?
As for the agents, how will they be affected? Supposedly, everything is for the better. There are better referral opportunities, better marketing materials available to agents, access to the affinity partners of Pentagon Federal and of course financial resources to help grow our local real estate company.
Business will be as usual or maybe even better as soon as all the changeover takes place. The first part of July will be hectic with sign replacements, business card replacements, licensing changes and website and advertising alterations.
Winds of Change, New Name and Affiliation. It happens if you have been around any length of time in the real estate world. You need to go along and let the wind carry you where it will and see where you land before you make any snap judgements.
If you would like information on homes in Clarksville TN contact Debbie Reynolds Clarksville TN Real Estate Agent at 931-320-6730.
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