Coldwell Banker broker Debora McKay jumped to @properties, bringing her a 13-member team that dominated the far west suburbs with more than $100 million in combined home sales last year.
With the addition of McKay’s team, @properties will open a St. Charles office in February, adding to the 28 locations it already owns in the Chicago region, according to a spokesperson.
The new office will oversee home sales in the Fox Valley area, which includes riverfront towns like Elgin, Batavia and Geneva. It will be managed by Wayne Kouf, @properties’ vice president of brokerage services, the company announced
Earlier this year, @Properties quietly sold an undisclosed stake in its company to Quad-C, a private equity firm based in Charlottesville, Virginia. The brokerage’s founders, Thaddeus Wong and Michael Golden, said the move would help the company expand.
Its agents sold more than $9 billion in combined properties last year, making it the largest locally-owned brokerage by volume. It ranked second overall behind New Jersey-based Coldwell Banker, which handled $9.7 billion in sales during the same period.
Real Trends ranked McKay’s team 39th in the nation for transactions last year and 125th for total dollar volume. They were the top-performing group by volume in Kane County in 2017.
@properties opened six new offices this year, including three in Chicago.