REECE COMMERCIAL REAL ESTATE CELEBRATES 10 YEARS IN BUSINESS


Reece Commercial Real Estate (RCRE) celebrates 10 years in business this week. The company was founded on October 18, 2009.

Initially led by industry veteran Dan Sight, RCRE began in the Kansas City market with three agents: John Sweeney and a year later, RC Jensen, both whom are still with the company, and Shari Turek. Sweeney is celebrating his 10th anniversary with the company. In 2015, John Stacy was named senior vice president and managing broker. Under Stacy’s leadership, RCRE expanded into a traditional third-party brokerage model, representing buyers and tenants as well as landlords and sellers.

Reece Commercial Real Estate has accomplished much since its founding:

  • Joplin office opened in fall of 2019.
  • Springfield office opened in summer of 2018, where there are now six agents.
  • Overland Park office has grown to 16 agents.
  • The company averages about 150 million a year in volume.
  • Three members have been inducted into the Midwest Real Estate Hall of Fame: John Sweeney, Dick Stephens and John Stacy.
  • In 2017, RCRE formed a relationship with Holladay Properties to offer leasing services in addition to property and facility management. Since the companies joined forces, they’ve grown their footprint to 150,000 square feet of property management — mostly retail.

“The Reece Commercial Real Estate team has come far in 10 short years and I can’t wait to see what the next 10 years will bring,” said Stacy. “It’s been an honor to grow this brand to what it is today. Looking forward, we want to grow our retail brokerage operation aggressively and bring on new agents.”

“It’s been rewarding to see the growth achieved in just 10 years,” said Mike Frazier, president and CEO of ReeceNichols Real Estate. “I’m excited to see what Reece Commercial will accomplish in the future.”

REECENICHOLS REAL ESTATE OPENS COMMERCIAL DIVISION IN JOPLIN


ReeceNichols Real Estate, the leading real estate company in Missouri and Kansas, has opened a commercial real estate division in Joplin, Missouri. Ron Tappan will serve as managing broker of Reece Commercial Real Estate (RCRE) in Joplin.

Reece Commercial Real Estate in Joplin has two agents: David Glenn and Luke Gibson, both who worked most recently at Keller Williams Realty. Glenn comes to RCRE with 47 years’ experience in the business as both a commercial builder and an agent, including some time at The Group, Inc. Real Estate in Fort Collins, Colorado; the home of the Ninja Selling sales system taught nationwide.

“With tremendously experienced commercial agents on board, Reece Commercial in Joplin is poised to become the top commercial real estate company in the four-state area,” said Allen Hall, managing broker of ReeceNichols Joplin. “We’re extremely proud to have the Glenn Group Commercial Division in Joplin.”

REECENICHOLS DIRECTOR OF PROFESSIONAL DEVELOPMENT ASSUMES ROLE OF PRESIDENT OF MISSOURI REALTORS®


ReeceNichols Real Estate’s Director of Professional Development, Jeff Kester, has assumed the role of president of Missouri REALTORS”. As president, Kester will advocate for the role of agents during real estate transactions and work to safeguard Missouri real property rights.

A lifelong resident of Springfield, Missouri, Kester has spent more than 25 years in the real estate industry. In 2014, he became the first president of the Southern Missouri Regional MLS when seven REALTOR associations combined their local MLS services. That same year, he served as the first chair of the Missouri REALTORS” Advocacy Action Output Group. In 2016, he simultaneously served Missouri REALTORS as chair of the Advocacy Mission Committee and the Greater Springfield Board of REALTORS as president. In September 2016, he was awarded the R. Layne Morrill Award for his career in REALTOR Advocacy.

REECENICHOLS PRESIDENT & CEO NAMED TO INGRAM’S 250 MOST POWERFUL BUSINESS LEADERS IN GREATER KANSAS CITY


ReeceNichols Real Estate’s president and CEO, Mike Frazier, has been named to Ingram’s magazine’s annual list of the 250 most powerful business leaders in greater Kansas City. According to Ingram’s, the list reflects the most successful companies that help define executive excellence in Kansas City.

Frazier joined ReeceNichols in 2007 as CFO and chief operating officer. In July 2018, he was named president and CEO of the organization. During Mike’s tenure, ReeceNichols has expanded geographically in Kansas City and southern Missouri and has grown in market share. In 2018, ReeceNichols guided over 16,000 families and individuals through the home buying and selling process.

Ingram’s published a few questions from their Q&A with Mike — here’s the full conversation.

  1. Name one thing you know now that you wish you’d known the day you started your career.

    I’ve learned over the years that your job is really not about you at all, but rather serving others and building relationships, both within your organization and outside of your organization. Our business is based on relationships, which is why every member of the ReeceNichols team embodies the characteristics we believe foster those relationships: expertise, loyalty and motivation.

  2. Your favorite way to recharge your batteries for work.

    Whether it’s biking or running in my neighborhood, I frequently begin my day with a morning workout, which helps me relax and think about the day ahead. If I miss or skip it, I find my day is more challenging.  

  3. Tell us about your best business memory of the last year.

    After ReeceNichols acquired a real estate company in southern Missouri, we saw the agents receive an almost instant lift from our branding, tools and support.  This translated into agents growing their businesses and ReeceNichols touching even more families’ lives.  It was both humbling and exciting.  Our mission is to reward lives each and every day – the lives of our agents and the people we serve.  While as a leader I strive to make decisions that benefit both our agents and the community, it’s always immensely satisfying to see success in action. 

  4. What’s the best business decision you ever made?

    Coming to work for ReeceNichols. As a company, we help people find their home their sanctuary, where they raise their families and make memories that last a lifetime. It’s incredibly rewarding to help families who put their trust in our hands.

  5. If you could have dinner with any historical figure, who would it be, and why?

    John Wooden – I am a huge sports fan, but also a fan of people who dedicate their life to helping others.  Wooden’s record and reputation were impeccable.  His longevity and ability to continue to connect with people made him a legend.

  6. What’s your favorite holiday? 

    We celebrate Thanksgiving at our home with 50 to 60 people — our closest family and friends. Sometimes we forgo the traditional Thanksgiving feast and order from a taco truck the entire day. Regardless, it’s a full day filled with family, football and fun.

  7. Complete this sentence: What the Kansas City area really needs most is _____.
  8. A Super Bowl Championship. We’ve waited a long time and it would be incredibly exciting for Kansas City.

REECENICHOLS JOINS CEO ACTION FOR DIVERSITY & INCLUSION™


ReeceNichols Real Estate joins more than 700 CEOs in unprecedented commitment to advance diversity & inclusion in the workplace

ReeceNichols Real Estate has joined the growing coalition pledging to advance diversity and inclusion in the workplace. President & CEO, Mike Frazier, is now among more than 700 CEOs that have come together for CEO Action for Diversity & Inclusion™, committing himself and ReeceNichols to advance diversity and inclusion in the workplace.

By signing on to this commitment, ReeceNichols is pledging to take action to cultivate a workplace where diverse perspectives and experiences are welcomed and respected, and where employees feel encouraged to discuss diversity and inclusion. Organizations joining the pledge are taking a step towards effecting positive change, exchanging tangible learning opportunities, creating collaborative conversations, fostering innovation and helping companies drive greater engagement within their own programs. The coalition represents 85 industries, all 50 US States, and millions of employees globally.

“Diversity and inclusion are vital to the improvement of our work culture and the future of our business. As the market leader, it is our social responsibility to take action,” said Mike Frazier, President & CEO of ReeceNichols. “People are unique and should be celebrated for that. I am proud that ReeceNichols is committing to cultivating a work environment where employees can openly address challenges and share perspectives. By learning from each other, we can grow, evolve and make a difference in our community.”

We invite other CEOs in Kansas & Missouri to join the collective to expand its impact and support the advancement of our communities. To learn more about the pledge, visit CEOAction.com.

HOMESERVICES OF AMERICA® IS NOW THE COUNTRY’S LARGEST REAL ESTATE COMPANY


HomeServices of America, a Berkshire Hathaway affiliate, today announced that it has earned the title of the country’s largest residential real estate company based on transaction sides, according to the REAL TRENDS 500 report. In 2018, the company’s sales associates closed 346,629 residential transactions reflecting a 5.6% increase over 2017. The REAL TRENDS ranking is based on 2018 closed transaction sides for the country’s top-500 brokerages.

“2018 was a year of incredible growth and strategic expansion and we couldn’t be more proud that we have achieved this No. 1 industry ranking,” said Ron Peltier, executive chairman of HomeServices. “This milestone is a testament to the commitment and hard work of thousands of employees and tens of thousands of talented agents and sales managers across HomeServices who deliver an exceptional real estate experience to their buyers and sellers.”

“This is a turning point in our history and we congratulate our incredible employees and agents who work tirelessly to help their clients achieve the American dream of home ownership,” added Gino Blefari, CEO of HomeServices. “This achievement is a culmination of years of hard work and while we are celebrating this moment, we are not resting on our laurels. HomeServices is dedicated to continued growth both organically and through strategic acquisitions and we are committed to modernizing the home-transaction experience for buyers and sellers and the process by which our agents serve them.”

Headquartered in Minneapolis, HomeServices has nearly 44,000 real estate professionals operating in nearly 900 offices across 30 states and the District of Columbia. In 2018, the company’s sales associates facilitated nearly 36 billion in residential real estate sales, nearly 347,000 home-sale transactions, and nearly 323,000 mortgage, insurance, title, and escrow transactions.

Connect with aReeceNichols agent to learn more.

REECENICHOLS REAL ESTATE EXPANDS INTO SOUTH CENTRAL KANSAS; OPENS ALLIANCE OFFICE IN WICHITA


ReeceNichols Real Estate, the leading real estate company in Kansas and Missouri, is expanding into south central Kansas, with the opening of an alliance office in Wichita. Richelle Knotts, former Vice President and General Manager of the residential division with J.P. Weigand & Sons, Inc. will be managing broker of the office.

The new office will be the first for ReeceNichols in the Wichita area.

“Expanding the ReeceNichols brand into south central Kansas is a very exciting time for us and we are thrilled to have a presence in Wichita,” said President & CEO Mike Frazier. “As the largest real estate firm in the state of Kansas we are looking forward to continuing our growth initiative to expand regionally. This is one more step toward being a part of another great community that can benefit from the tools and resources ReeceNichols can provide.”

As managing broker, Knotts brings more than 25 years of management experience, focusing on successful team building and business development. 

“Richelle is a dynamic leader with a proven ability to grow successful businesses and teams,” said Kathryn Clark, Vice President of Franchise Sales & Support. “With her knowledge and expertise in the market, combined with ReeceNichols’ innovative tools, I’m excited to see this office flourish under her leadership.”

Knotts says her focus for the Wichita office will be to provide a platform that agents can rely on to create a better consumer experience for their clients, while utilizing ReeceNichols’ state-of-the-art tools and resources.

ReeceNichols has continued to expand over the last year. A merger with southern Missouri brokerage Carol Jones REALTORS” in June 2018 created a company with more than 3,000 real estate agents in 31 branch offices and 26+ franchise offices throughout Kansas and Missouri.

ReeceNichols will host a grand opening celebration in the coming months to celebrate the Wichita office’s opening.

REECENICHOLS REAL ESTATE ACQUIRES TOP PERFORMING RE/MAX OFFICE IN BRANSON


ReeceNichols Real Estate, the leading real estate company in Missouri, is expanding its footprint in the Branson, Missouri area with the acquisition of a top performing RE/MAX office.

The new office, ReeceNichols Branson West Lakeview, located in the Welcome Center at Stonebridge Village near Route 265, becomes the 12th office in ReeceNichols’ southern region. It is ReeceNichols’ third office in the Branson area.

“We’ve watched as the real estate market in Branson has continued to grow,” said President & CEO Mike Frazier. “It is a premier vacation destination and an in-demand area for second homes. Acquiring this new office is a big win for us.”

David Gubin, managing broker for the Branson and Branson West offices, and Rick Billington, who managed the RE/MAX office, will be co-managing brokers for ReeceNichols’ three offices in the Branson area: Branson, Branson West and Branson West Lakeview. Billington operated the RE/MAX franchise for 10 years. In 2018, the office closed just over 0 million in sales volume.

“This is a very strong group in the Branson market and we are thrilled to bring Rick and his agents on board,” said Shaun Duggins, president of ReeceNichols’ southern region. “Taking their knowledge and combining it with the cutting-edge tools, training and support ReeceNichols can provide, we’ll be able to service the Branson area even better.”

More acquisition talks are in the works. Duggins said he plans to grow ReeceNichols’ southern region by nearly 200 agents in 2019 and complete three or four acquisitions.

ReeceNichols has continued to expand in southern Missouri, following a merger with Carol Jones REALTORS” in June 2018, creating a company with more than 3,000 real estate agents in 31 branch offices and 26+ franchise offices throughout Kansas and Missouri.

ReeceNichols will host a grand opening celebration in the coming months to celebrate the Branson West Lakeview office’s opening.

REECENICHOLS EXPANDS LEADERSHIP STRUCTURE; PROMOTES 4 EMPLOYEES TO SENIOR VICE PRESIDENT ROLES


ReeceNichols Real Estate, Kansas City’s top residential real estate brokerage, has expanded their leadership structure. Krista Wilson, Rick Witeka, Chad Dumas and Don Burns have been promoted to Senior Vice President of Brokerage.

“Krista, Rick, Chad and Don will assist and support the brokers as well as our core services in delivering a remarkable experience to our clients and agents,” President and CEO Mike Frazier said. “Every one of them has demonstrated tremendous leadership over the years and we are thrilled to have them in a position where they can mentor and assist a wider range of brokers and agents.”

Chad Dumas, most recently the Managing Broker at ReeceNichols’ Lee’s Summit office, and Don Burns, most recently the Managing Broker at the Leawood office, will perform their expanded roles in their respective offices.

Krista Wilson, most recently the Managing Broker at The Village office, will transition to the company’s Home Office for the expanded role. Rick Witeka, most recently the General Manager of ReeceNichols’ southern region and Managing Broker at ReeceNichols’ Springfield office, will perform the expanded role in the Springfield office.

“This new structure positions ReeceNichols for growth and expansion,” Frazier said. “Our goal is to create a large, regional, real estate company that will serve agents with world class tools and clients with exceptional service, as they make one of the most financially important decisions in their lives.”

REECENICHOLS LAUNCHES INITIATIVE TO SERVE GROWING HISPANIC COMMUNITY IN KANSAS AND MISSOURI


ReeceNichols Real Estate, the top-ranking real estate company in the Kansas City metropolitan area, is launching an initiative to serve the growing Hispanic community in Kansas and Missouri. This initiative stems from ReeceNichols’ ongoing commitment to serve, reflect, and grow with Kansas City.

President and CEO Mike Frazier stated, “Homeownership is a fundamentally important and rewarding experience. At ReeceNichols, we are committed to serving all members of the communities in which we operate, not only through assisting them with the home buying and selling process, but also through education on how to become a homeowner and how to grow and protect their home and its value. We recognize the complexity of this industry and understand the importance for Hispanics to connect and be accurately informed in their language of preference. Let’s find home together!”

Leading ReeceNichols’ initiative is Community Affairs Director, Fabián Gayosso-González. Born and raised in Mexico City, Fabián earned a Bachelor of Art in International Relations and has worked, among other companies, for the Consulates of Mexico in Kansas City and El Paso, Texas and at a marketing firm that focuses on the Latin market. He specializes in strengthening community partnerships and building strategic alliances to develop, implement, and promote programs and strategies aimed to improve the living standards of the communities.

“With a team of bilingual agents that speak our language (Spanish) and breathe our culture, ReeceNichols is ready to guide Latinos to a rewarding experience, help them reach their goals and get them to the place we all want to be: Home. As an immigrant myself, I understand the various challenges that people, regardless of their cultural, religious or socio-economic backgrounds, face outside their homeland. I am thrilled to lead this initiative at ReeceNichols to strengthen the communities we serve,” Gayosso said.

Although the focus will initially be on the local Hispanic community, this foundation will allow ReeceNichols to better reflect our current and evolving community within our agent population, leadership and client base. We realize our business is based on relationships and that every individual interaction makes a difference. We are committed to being a trusted resource for both our agents and the community and to ensuring exceptional service and a transparent process.

Update

Since the forming of the Community Affairs Department, here’s what has been accomplished:

  • Developed HILT (Hispanic Initiative Latino Team).
  • Increased our presence in the community through sponsorships and partnerships, including:
    • Soccer Nation
    • Hispanic Chamber of Commerce
    • Greater Kansas City Chamber of Commerce
    • Community Housing of Wyandotte County
    • Catholic Charities of Northeast Kansas

  • President & CEO, Mike Frazier, commits to advance diversity & inclusion in the workplace by signing the CEO Action for Diversity & Inclusion.
  • Leaders and employees took part in Cultural Responsiveness & Reciprocity training.
  • Participated in the Hispanic Development Fund’s Cambio para Cambio campaign, helping award scholarships to 4 KC students.
  • Signed letter of intent with the Mexican Consulate to educate its nationals on homeownership.
  • Partnered with Univision Kansas City to help Hispanic families understand the home buying process.
  • Launched the Gold Key Project, a pilot program to benefit Ronald McDonald House Charities of Kansas City.
  • Formed African American committee to expand efforts and involvement with the Black community.