What Red Oak Realty’s Marvin Gardens Acquisition Means for You

What Red Oak Realty’s Marvin Gardens Acquisition Means for You

What Red Oak Realty’s Marvin Gardens Acquisition Means for You

What Red Oak Realty’s Marvin Gardens Acquisition Means for You

 

More Resources to Better Serve Our East Bay Homebuyers and Sellers

We acquired fellow East Bay independent brokerage Marvin Gardens in August. The addition of its 60 agents makes Red Oak Realty the largest independent real estate brokerage in the East Bay and one of the area’s largest brokerages period.
 
Of course, size does not always mean better service. In fact, growing a large brokerage has never been Red Oak Realty’s goal.
 
Born in and exclusively focused on the East Bay, we have always concentrated on serving our diverse home with deep local knowledge and a passion for putting our clients’ needs first.
 
This year, we had the opportunity to bring Marvin Gardens Real Estate into our fold, which makes us, and our vision, stronger.
 
With more agents having access to Red Oak Realty's high level of support -- such as refined branding and marketing, membership in an international broker network that facilitates referrals for our buyers and sellers, a PR firm dedicated to supporting our agents and their clients, and ample support staff -- our clients get even better and more effective service.
 
 

What This Means for Red Oak

We are local, not corporate. This acquisition emphasizes that value. Our ownership and staff lives in the East Bay, just like many of our clients.
 
In an age of rapid consolidation in the residential real estate brokerage industry, we know that remaining local and independent gives our clients and neighbors the best service possible. That is one reason we invest in a high level support staff who help our agents shine for their clients; we average approximately one staff person for every eight agents, an above-average staff-to-agent ratio for a brokerage.
 
Bringing on Marvin Gardens just means we have more resources and a bigger team to invest in our local vision. By investing deeply into the local boutique vision our company -- by maintaining a local culture and independent philosophy -- we help our buyer and seller clients better meet their needs.
 
You’ll see more of our agents in the field and experience even better service.
 

What This Means for Marvin Gardens Clients

The beauty of this merger for Marvin Gardens agents and their clients is that Red Oak Realty shares their core DNA -- a deep love for the East Bay, where both firms were founded. The colors and brand may change, but this local core remains.
 
You will not see a cultural shift -- the friendly, supportive culture you’ve come to know with Marvin Gardens lives deeply within Red Oak Realty, too.
 
Now that we’re together, we have an even more powerful scope, connection and experience as the East Bay’s largest independent brokerage, and the largest brokerage overall in the following five East Bay cities: Berkeley, Albany, El Cerrito, Richmond and Kensington.
 
More specifically, Marvin Gardens agents and their clients gain access to an international network of buyers and expertise through Red Oak Realty’s membership in broker network Leverage Global Partners. The Leverage network of over 130 like-minded boutique brokerages gives international exposure to Red Oak sellers' high-end homes and facilitates out-of-market referrals for all our clients.
 
In addition, Red Oak Realty enhances the exposure of company listings and its agents with real estate public relations firm Lion & Orb, which helps the listings we market sell for more in less time with fewer cancellations.
 
They also have access to Red Oak Realty’s refined brand presence, to its elevated marketing programs and to its proprietary, neighborhood-specific real estate stats.
 
These investments lead to clear results.
 
Among the East Bay's 10 largest brokerages in the 12 months through the second quarter 2019, Red Oak Realty had the lowest cancellation rate (5.3 percent) on transactions it worked on, and sold its clients homes for higher over list price (average 22 percent above list price) and in the shortest time (an average of 16 days on market). It is No. 1 in those three important categories.
 
Find out what Marvin Gardens + Red Oak Realty is really about -- chat with one of our agents today.

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