Longtime Fortune International Realty agent joins Berkshire EWM

Arellano has closed between $25M and $40M in sales per year

Jan.January 10, 2020 10:30 AM
Ron Shuffield and Oscar Arellano

Ron Shuffield and Oscar Arellano

A top Fortune International Realty agent joined Berkshire Hathaway HomeServices EWM Realty, The Real Deal has learned.

Oscar Arellano, who was with Fortune for 17 years, joined EWM on Wednesday. He leads a group of five additional agents and an administrative person, all of whom are joining him at EWM.

Arellano said he’s closed more than $150 million in sales over the past five years. He said he was looking for a change, and spoke highly of his former employer. Arellano got into real estate in 2003 when he joined Fortune and said that the brokerage “has been the best to me.” Edgardo Defortuna leads Fortune International Group; Walter Defortuna heads Fortune International Realty.

Walter Defortuna wished Arellano all the best in his future endeavors. “Oscar has been a longtime member of the Fortune family and it has been a pleasure to watch his career develop and evolve,” he said in a statement.

Arellano said he typically closes between $25 million and $40 million in sales per year, focusing on single-family homes in Coral Gables starting in the $500,000s and into the millions of dollars.

The group will be based at EWM’s Coral Gables/South Miami office at 550 South Dixie Highway.

EWM joined the Berkshire Hathaway HomeServices network last year, though it was purchased in 2003 by HomeServices of America Inc., the parent company of Berkshire Hathaway HomeServices.

Arellano interviewed with other brokerages, but said EWM was a better fit for him. “I’ve always highly respected [EWM President] Ron Shuffield. I’ve never heard anyone say anything bad about him,” Arellano said. “Their agents are very, very professional.”

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