DALLAS, TX— Dallas-based residential real estate brokerage Ebby Halliday Real Estate, Inc. announced today it has purchased Fort Worth-based luxury real estate boutique Williams Trew Real Estate. Financial terms of the transaction were not disclosed.
Williams Trew, which was founded in 2000 by Martha Williams, Joan Trew and Marshall Boyd, will continue to be branded and conduct business under the name Williams Trew, an Ebby Halliday Real Estate Company and will continue to operate out of its current locations in Fort Worth. Ms. Williams and Ms. Trew will continue leadership roles with the company. Mr. Boyd will guide the transition and then pursue other existing business opportunities outside the company.
“Timing is everything, and the timing of this move meets current market needs and positions our company to better serve current and future residents of Fort Worth,” says President & CEO of the Ebby Halliday Companies Mary Frances Burleson. “This acquisition brings together two like-minded companies with many years of residential real estate experience.”
Executive Vice President & Director of Sales Offices Betty Misko, Williams Trew Co-Founder Joan Trew, Chief Financial Officer Ron Burgert, Williams Trew Co-Founder Martha Williams, and President & CEO Mary Frances Burleson.
Ron Burgert, chief financial officer of the Ebby Halliday Companies, adds, “We have built our company on several strategic moves in our almost 70 years in business and we believe this acquisition will help ensure our market position for many years to come. From a business standpoint, we are able to combine budgets, marketing and advertising in a more strategic and cost-effective manner.”
“We are pleased to join Ebby Halliday and believe this move significantly strengthens our leading position in the Fort Worth marketplace,” says Martha Williams of Williams Trew Real Estate. “As part of Ebby Halliday, our agents and sellers will have more resources without losing our company culture. Both our companies are privately held and customer-focused.”
Adds Joan Trew, “Their team has a proven record of integrity, service and client satisfaction. They also have a record of integrating acquisitions smoothly and without employee or market interruption. We like and respect their approach to the business of people.”
The acquisition is effective immediately. “We are already working on the transition,” says Williams Trew co-founder Marshall Boyd. “It will be seamless to our clients and our agents and sellers will not be impacted. We will increase our marketing and advertising strength and realize targeted cost efficiencies.”
With this transaction, Williams Trew becomes an Ebby Halliday Company and will no longer be affiliated with Sotheby’s International Realty.
As an Ebby Halliday Company, Williams Trew and its Associates will benefit from the firm’s longtime affiliation with Leading Real Estate Companies of the World, a global network of more than 500 premier real estate brokers, and its luxury division, Luxury Portfolio International.
“Membership in Leading Real Estate Companies of the World is by invitation only and is limited to the very best residential real estate companies worldwide,” says Greene, “We take pride in offering our clients knowledgeable Associates who provide exceptional service. Simply put, Williams Trew and its Associates are a perfect fit for the Ebby Halliday Companies.”
The Ebby Halliday Companies includes Dave Perry-Miller Real Estate, affiliated mortgage, insurance and title companies, and approximately 1,600 associates covering over 12,000 square miles of North Texas. It participated in more than 19,500 real estate transactions in 2013 with a sales volume of more than $6.4 billion. The Ebby Halliday Companies’ 13.5 percent share of the North Texas real estate market led all competitors, the nearest of which garnered 4.03 percent.
Independently owned and operated Ebby Halliday, REALTORS® will celebrate its 70th anniversary in 2015. Having grown from a one-woman office to the largest independent real estate company in Texas, the company has consistently maintained a focus on service to the community. In addition to its support of many North Texas charitable organizations, the Ebby Halliday Companies belong to 27 local chambers of commerce.
“At Ebby Halliday, we’re proud of our undisputed role as the dominant real estate firm in North Texas,” Burleson says. “While 2014 has certainly been an exceptional year for our company, what remains most important to us is service to our clients, service to our industry and service to our community. We welcome – and appreciate – the opportunity to partner with Fort Worth’s most respected real estate brokerage.”
Williams Trew Real Estate is Fort Worth’s leading residential real estate brokerage firm. With over 80 experienced agents the company provides home buyers and sellers with unparalleled experience in residential, farm & ranch, lake or urban properties in the greater Fort Worth area.
For more information, visit williamstrew.com.
For more information on Ebby Halliday Realtors, visit the website voted one of the industry’s best by the Web Marketing Association, ebby.com.