Mark Johnson was recently named President of JPAR – Real Estate. In this new role, Mark will be responsible for the JPAR® – Real Estate enterprise, including its brokerage and franchise operations, which serve consumers across 65 offices in 25 states and more than 3,600 real estate professionals.
In May 2020, Cairn Real Estate Holdings acquired JPAR. JPAR is a RealTrends 500 brokerage, ranked No. 22 by transaction sides and No. 38 by sales volume. Cairn was founded by Rick Davidson, a former Realogy executive.
Johnson said, “I am incredibly excited to expand my role with JPAR – Real Estate and look forward to delivering on our unique value proposition to create strong exponential growth in the years ahead. We are well-positioned as a premium provider of real estate services to our professionals and their customers and are further supported to deliver on our customer commitment as a member of the Cairn Real Estate Holdings network of companies.”
Since the acquisition, JPAR has steadily expanded its operations and leadership team, appointing former Realogy executive Laura O’Connor as chief operating officer and Justin Tracy, founder of tech startup Kunversion as the chief technology officer.
“Mark Johnson and Laura O’Connor are industry-leading executives poised to drive JPAR® – Real Estate to new levels of success, said Davidson, Chairman, and CEO of parent company Cairn Real Estate Holdings, LLC.” We could not be more excited for Mark and the entire #JPARNation as he steps into this expanded role. Having the right leadership is critical as we continue to build the Cairn network ” added Davidson.
Cairn’s strategy to become a national sales platform will include the future acquisition of ancillary service providers, independent brokerages, franchise-branded brokerages and franchise platforms operating across the spectrum of agent compensation models from traditional split to transaction fee models. “We are brand and model agnostic. We’re not looking to build a singular brand. Companies commit to many different lanes – traditional, flat-fee – we’re not committed to any specific model as we see value in all of those models,” says Davidson. “Our commitment is to serve the agent and the consumer through local market companies who are focused on service, reputation and market position.”
