ERA Franchise Acquires Independent Michigan-Based Company

Based in Michigan ERA Prime Real Estate Group has Southgate, Michigan-based Compass Realty Prothe company announced on Monday.

Financial terms of the deal were not disclosed. According to the announcement, this acquisition will expand ERA Prime Real Estate Group’s market share in southeast Michigan. ERA Prime, founded in 2017 by Willie Ray III, currently has offices in Farmington and Grand Blanc, Michigan. In addition to real estate brokerage services, the company also offers mortgage and title transfer services.

Compass Realty Pro was founded in 2014 by Mark Higgins, who will join the ERA Prime Real Estate Group as a senior broker.

“Over the past 15 years, we have built strong relationships with the communities we serve,” Higgins said in a statement. “We are excited to partner with Willie and work together to support our customers with exceptional service.”

This is Ray’s second acquisition in less than a year. In the fall of 2023, his firm acquired the Farmington-based operations of another ERA broker/owner.

“Joining forces with Mark will create tremendous synergies for our combined company,” Ray said in a statement. “Mark has assembled and developed a highly respected group of real estate professionals who share the same values ​​of collaboration and community. We are both excited about the opportunity to leverage the growth that exists in the region to grow and expand our company.”

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