Partnership Gives RLE New Footprint in Coveted Cambridge and Belmont Markets
Cambridge, Massachusetts, September 15, 2016 – RE/MAX Leading Edge is excited to announce they have joined forces with Hammond Real Estate in Cambridge and Belmont. The offices combined market share will make them the fourth largest real estate company in Massachusetts whose agents outsell our next closest competitor nearly 2:1! This doesn’t happen by accident. RE/MAX Leading Edge is practicing real estate in a fundamentally different way, with strategies and tactics that insure their agents win at the listing table and in the bidding process. RE/MAX Leading Edge, which is currently the leading real estate brokerage in Melrose, Reading, Stoneham, Wakefield and Winchester had not previously operated in Cambridge and Belmont. This partnership expands RE/MAX Leading Edge’s footprint expanding their already dominant position in the Greater Boston real estate market.
Hammond Real Estate Cambridge and Hammond Real Estate Belmont are locally owned and operated by longtime Cambridge resident Tod Beaty. Beaty started the company in 1981 as Ingram, Rettig and Beaty and partnered with Hammond Residential in 1993. Since 2010, the Cambridge office has been the number one or number two office in all of Cambridge, and Beaty’s 25 agents – across both the Cambridge and Belmont offices – have been involved in the sale of more nearly 100 properties valued at $2million or more.
Operating under the leadership of Broker/Owners Paul Mydelski, Linda O’Koniewski, Steve Chuha and Eileen Hamblin, RE/MAX Leading Edge has offices in eleven locations and 180 agents throughout Greater Boston. In 2016, the Boston Business Journal recognized them one the fastest growing private companies in Massachusetts and in 2015, the Boston Globe named RE/MAX Leading Edge one of Boston’s Top Places to Work for the fifth consecutive year.
“We are thrilled about this venture,” said Paul Mydelski, Founder and Chairman of RE/MAX Leading Edge. “This partnership brings together two companies with complementary strengths. Hammond is a legacy luxury brand and Tod Beaty paved the way for the Hammond brand in Cambridge and Belmont. RE/MAX Leading Edge has the power of a global brand behind it and we have a proven track record in providing the career development agents need to provide best in class service and expertise to their clients.
“Joining forces with RE/MAX Leading Edge will ensure that that my experienced and highly skilled agents have a bright future for many years to come,” said Tod Beaty, President of the new RE/MAX Leading Edge offices in Cambridge and Belmont. “The leaders of RE/MAX Leading Edge are innovators and visionaries. I am excited for this next chapter in our company’s growth.”
“This merger will have incredible impact on the market,” said Linda O’Koniewski, CEO. “There simply isn’t another firm out there with our ideas, energy and commitment to doing real estate differently and more effectively for our clients. That is why we are attracting top agents in our marketplace. Partnering with Tod expands our expertise significantly. More importantly, his commitment to the community and his dedication to doing business with integrity is aligned with our own business practices. RE/MAX Leading Edge has been so successful because we all strive – every day – to do the best we can do by our clients.”
The new RE/MAX Leading Edge offices in Cambridge and Belmont will remain full-service real estate companies offering residential and commercial real estate sales and rentals. They will also continue to specialize in high-end real estate sales in their market as well as provide their customers with the most knowledgeable agents and the best marketing program available in the real estate industry.
About RE/MAX Leading Edge
RE/MAX Leading Edge is one of Greater Boston’s leading full-service real estate companies offering residential real estate services to buyers and sellers. Founded in 2001, RE/MAX Leading Edge has grown to more than 200 sales professionals and serves the communities of Arlington, Back Bay, Belmont, Cambridge, Lexington, Lynnfield, Melrose, Newton, Reading, Somerville, Wakefield, Watertown and Winchester. The Company is the highest-producing RE/MAX office in New England and fourth largest real estate firm in Massachusetts.
RE/MAX Leading Edge is affiliated with RE/MAX INTEGRA, New England and RE/MAX, LLC with a global network of 100,000 agents in 99 countries worldwide.