Chicago-based brokerage @properties is getting a new affiliate in the nation’s capital. RLAH Real Estate of Washington, D.C. will become @properties latest franchise affiliate, according to an announcement on Tuesday.
The rebranded RLAH @properties will be @properties’ first East Coast affiliate. The brokerage currently has franchise locations in Michigan, Wisconsin, Indiana and Texas, and it is the largest brokerage firm in Chicago.
RLAH was founded in 2012 by Jason Sherman and Justin Levitch, and it serves homebuyers and sellers in Washington, D.C., Maryland and Virginia. Since its founding, the brokerage has grown to include six offices and 370 real estate agents. RLAH claims to have closed $1.98 billion of sales volume in 2021.
For the past five years, RLAH has been ranked in the top 50 fastest growing brokerages in the country for sales volume percentage and transaction sides percentage in the RealTrends 500 rankings. In the 2022 rankings, RLAH ranked 48th in the Top 5 Year Movers based on sales volume percent and 28th in transaction sides percent. The brokerage also ranked 45th in the Top Movers by transaction side percentage.
“With a successful brokerage and a rapidly growing presence in the D.C./Maryland/Virginia market, we’re confident that Jason, Justin and the agents at RLAH are the right partners to help grow the @properties brand in size and reputation,” Thad Wong, the co-CEO and co-founder of @properties, said in a statement.