BOUTIQUE RESIDENTIAL REAL ESTATE BROKERAGE IN RHODE ISLAND BECOMES ERA POWERED

Firm Focused on White Glove Service Increases Its Reach with ERA Real Estate Affiliation

MADISON, N.J., (June 10, 2024)ERA Real Estate, a global franchising leader within the Anywhere Real Estate Inc. (NYSE: HOUS) portfolio of brands, announced today its latest affiliation with Empire Real Estate Group ERA Powered, a staple of residential Rhode Island real estate.

May 2024 marked 13 years since current broker/owner Jimmy Ranieri first founded the firm. Ranieri has overseen all of the company’s operations since its inception and still handles day-to-day agent onboarding, training and recruitment, on top of his duties assisting residential buyers and sellers. Ranieri and his agents provide a holistic real estate expertise, assisting clients in traditional residential transactions as well as providing expert knowledge on contracting, lending and appraising. Empire Real Estate Group ERA Powered is well-equipped to guide clients throughout Rhode Island and Southeastern Massachusetts at every step of a deal, from the very early exploratory stages, up until when a client unlocks the door of their new home.

Ranieri started his career in sales and marketing with a national agency at the age of 19. In just 8 months, he worked his way to a managerial role and became a nationally recognized leader within his company. Following his early success in client-facing roles, Ranieri decided to change lanes and pursue a more entrepreneurial career path, becoming a licensed real estate agent in 2002. Since then, he has also become a licensed residential appraiser, a registered general contractor and also spent time leading a team of 22 loan officers as a Regional Manager of a federally chartered savings bank in the FHA Home Improvement Loan Department. Ranieri’s diverse background provides him with key referral lanes throughout many real estate-adjacent industries, all of which help him to best inform and connect his clients.

Now as part of the ERA® network, Ranieri and his full-service company’s affiliated agents will be able to utilize the ERA® brand’s robust business-building tools and leverage the most up-to-date marketing programs to connect buyers and sellers. With these tools at their disposal, Ranieri plans to scale up his current operations while maintaining the “boutique-style,” hands-on approach that his company is well-known for.

While rapid growth is Ranieri’s primary goal, maintaining his company’s existing culture and name recognition is still paramount, which is what made the ERA Powered® flexible branding option the perfect solution. This option allows companies to leverage their local brand identity and also benefit from ERA Real Estate’s full suite of learning, marketing and servicing resources.

Empire Real Estate Group ERA Powered has never been an “assembly line” brokerage, where clients and transactions simply pass through. Instead, the company prides itself as being a service-oriented business, where every agent is present at every showing, every inspection, and every appointment. Ranieri and each of his affiliated agents prioritize relationship-building and ensuring customer satisfaction over simply getting deals done – a sentiment that is largely responsible for the firm’s well-known reputation throughout all of Rhode Island.

The Empire Real Estate Group ERA Powered office is located in the heart of East Providence, less than 10 minutes from the center of the state’s capital. Providence is the largest city in Rhode Island and sits along the Northeast Corridor Rail Line, connecting the city to Boston via a 45-minute train ride and New York City via a three-hour train ride. Its prime location fuels the city’s buzzing economy via strong health care, education, and tourism industries, and also makes the city a prime destination for young professionals looking for an attainable commute or for families looking to maintain a city lifestyle outside of the nation’s largest markets.

Details:

  • Ranieri intends to leverage his company’s affiliation with ERA Real Estate to connect with more clients throughout the rest of Rhode Island as well as to pursue future M&A opportunities and open new offices. He particularly wants to explore growth opportunities throughout Providence County as well as the South County areas.
  • Ranieri plans to recruit more agents with aggressive and ambitious mindsets who already embody his company’s current culture. His recruiting efforts will be enhanced by the ERA® brand’s highly engaged global referral network and its state-of-the-art technology suite, including the MoxiWorks® platform, which supports the delivery of a seamless, fast, connected client experience that can help drive business and boost productivity.
  • Team ERA University can support organic growth through increased productivity as affiliated agents access the extensive professional development resources in the ERA® brand’s learning platform.
  • Affiliated agents can also benefit from the ERA® brand’s consumer-focused marketing programs such as TextERA, an effective lead generation tool that transforms yard signs into interactive property marketing, and the automated ERA Buyer and Seller Follow-Up Programs that help agents keep in touch with clients after the transaction, which can lead to referrals and repeat business.
  • According to com®, the median home list price in East Providence, Rhode Island is $389,900.

Quotes:

“It’s always exciting to welcome a likeminded person such as Jimmy to the ERA Network. I perfectly understand what it means to make something for yourself as soon as you become an adult, and to see Jimmy’s path now paying off years later is truly inspiring. At only 19 years old, he was able to display not only an entrepreneurial spirit, but also a people-oriented mindset. The keys to succeeding in real estate come down to being a go-getter and understanding how to connect with people – two things that Jimmy is already an expert at. It’s so exciting to be able to provide Jimmy with a more robust infrastructure that allows him to have the extra bandwidth to take his company to the next level.”

Alex Vidal, president of ERA Real Estate

“I pride myself on being one of the hardest working people I know and truly committing myself to every person that walks through our door. Serving people has always been my natural calling and I have been fortunate enough to experience professional success thanks to that passion. With that being said, I still want to be better and be able to handle needs at a larger scale. I’ve already onboarded a great group of people, so now I want access to the tools that can help elevate my peers even further. I believe that ERA Real Estate can provide us with those solutions. We get to maintain who we are, but we can operate on a much larger scale.”
Jimmy Ranieri, broker/owner of Empire Real Estate Group ERA Powered

About ERA Real Estate

ERA Real Estate knows that real estate is as local as it gets. We believe that our core business values of collaboration, innovation, diversity and growth are needed more than ever. As a global leader in the residential real estate industry for nearly 50 years, the ERA® brand’s features a powerful network of like-minded entrepreneurs supported by the brand’s game-changing technology, products and powerful lead generation.

The ERA network includes more than 42,000 affiliated brokers and independent sales associates and approximately 2,400 offices throughout the United States and 39 other countries and territories.

ERA Franchise Systems LLC (www.ERA.com) is a subsidiary of Anywhere Real Estate Inc. (NYSE: HOUS), a global provider of real estate services. ERA Real Estate information is available at www.ERA.com.

© 2024 ERA Franchise Systems LLC. All rights reserved. ERA® and the ERA Logo are registered service marks owned by ERA Franchise Systems LLC. ERA Franchise Systems LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated.

Media Contacts:
Randi Rispoli
ERA Real Estate
973-407-5241
Randi.Rispoli@anywhere.re

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