Worth Clark Realty announced its acquisition of South Estates Realty, a brokerage based in the Dallas-Fort Worth area.
South Estates Realty recorded $54 million in sales volume and 157 transactions in 2023. The financial terms of the deal were not disclosed, and the acquisition adds 15 agents to Worth Clark Realty’s of team over 1,100 licensed agents and offices in 18 states.
Owner-operator Jackie South will take on the new role of the managing broker for Worth Clark Realty’s Dallas-Fort Worth, Tyler, and Longview markets. With this acquisition, Worth Clark Realty will now have 80 realtors in the North Texas markets.
“From our very early conversations together, it was crystal clear what Jackie wanted to accomplish: find a growing brokerage that could offer her team the level of service and support that her agents were accustomed to, if not better,” said Ryan Michaelis, chief growth officer at Chesterfield, Missouri-based Worth Clark Realty. “At Worth Clark Realty, we believe she found this and more, getting her time back and nixing large expenses. We’re grateful and excited to welcome Jackie and her team to Worth Clark and look forward to helping other broker-owners in similar circumstances.”
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