Chicago Real Estate Merger To Create New Broker Powerhouse
Chicago, August 1, 2008. Two of Chicago's most successful real estate organizations announced today that they are joining forces. Christopher Feurer, the principal of the Feurer Companies, and Michael Sato, his partner in CRF Marketing, the sales and marketing arm of the company, are joining forces with the principals of the Jameson Realty Group and prominent Chicago real estate developers Steven Golovan, Charles Mudd and John Lally to create a new brokerage powerhouse known as Jameson LLC.
Feurer and Sato will become CEO and president respectively of the new Jameson, while Jameson founders Charles and Harry Huzenis will be actively involved with the ongoing operations of the firm and have been appointed members of the Jameson Board. Robert Flannery, currently Director of Project Development at Jameson Realty, is being named Chief Operating Officer and Jameson Realty’s Gay Johnson will become Managing Broker at the new company. Kelly Scully from CRF will become Director of Development Services and Elana Spector, also currently with CRF, has been named Vice President, Marketing.
"We are very excited about this partnership," Chris Feurer said today. "Each of the two firms has built a formidable presence in the Chicagoland real estate market. Combining the strengths of our two successful organizations means we can provide even more value to our clients and great growth opportunities for our agents. The company will be well positioned to capitalize on the significant opportunities in today's turbulent real estate market."
CRF Marketing has one of the most impressive track records in the Chicago housing market with average annual sales of more than $6 million per agent. CRF has been the top team of agents for Koenig & Strey Real Estate, leading that company in sales for the last four years with total sales transactions of over one billion dollars. As team leader, Chris Feurer has been top agent of the 22,000 agents in the nationwide GMAC system for the past two years. The Wall Street Journal ranked CRF amongst the top 25 real estate agent teams in the United States last year. Jameson Realty Group was established in 1982 by the Huzenis brothers, two of the city's most respected real estate professionals. The company is currently one of Chicago's top realty firms, historically averaging over $500 million in annual sales.
"Adding the strength of the operation that Chris and Mike have built to the existing strengths of Jameson will create a dynamic new brokerage company," said Charley Huzenis.
"We have the same core values and believe that together we can achieve far more than we could separately. We bring the same approach to the real estate industry - the strongest commitment to our clients and a determination to provide the most supportive environment for agents. With this in mind, we have united to form a company that can do more and achieve more than ever before."
Feurer expects the firm to quickly grow the current Jameson sales volume by at least 50% and to consider adding new agents as the market presence increases.
"We're investing now to position the new Jameson to be able to take advantage of the turnaround in the real estate industry when it comes,” he said. “We believe it’s time for a fresh approach to serving clients, an approach that is more progressive, uses new marketing techniques and technologies, and redefines what a real estate company should be. That approach means ensuring that the very best agents are at the core of the company, and that they are fully supported in their commitment to serve their clients.
"Where we will compete is in being innovative and creative in our approach to marketing on behalf of our clients. Jameson has a great heritage and CRF is on the cutting edge of innovation in the industry, so we're a good match for each other. Together, we're committed to building a fast moving, agile organization with no bureaucracy or complicated decision making structures; an organization that is focused on the success of an elite force of sales agents and our long term client base."
The company will operate from newly redesigned and state-of-the-art facilities at the existing Jameson offices at 425 W. North Avenue in Chicago’s Old Town neighborhood. The company’s website is www.jameson.com – visit to find Chicago homes for sale and information on the most exciting new Chicago condos and Chicago real estate.