PILKERTON REALTORS® JOINS PARKS REALTY AND VILLAGE REAL ESTATE
Pilkerton Realtors®, a Nashville-based full-service residential real estate brokerage, has merged with Parks Realty and Village Real Estate creating the largest residential real estate firm in the state with more than 1,400 agents and $6.5 billion in annual sales volume. The firm’s combined market share in Middle Tennessee equals 15%, nearly twice as much as the next competitor in the market.
Locally owned and operated for more than fifty years, Pilkerton is home to 180 real estate agents whose 2021 production totaled more than $900 million in sales volume. The Pilkerton brand will remain intact, and the company’s managing brokers and staff will continue serving in their current roles supporting its agents and clients throughout Middle Tennessee.
“We’re joining Village and Parks to collaborate and share resources, tools and locations,” said Jim Terrell, continuing as Pilkerton Managing Partner. “Partnering with a local group who I’ve known for many years allows our vision for Pilkerton to continue.”
Parks and Village merged in January 2021, and both companies realized their strongest production years in history, reaching $5.4 billion in sales volume and completing 11,750 transactions. The new partnership will enable the local firm to further invest in best-in-class staff, tools, training, and processes to add value for clients and help agents thrive.
“We are thrilled to partner with Pilkerton to continue growing and serving agents who are focused on the Middle Tennessee market,” said Chief Executive Officer Hunter Connelly. “Pilkerton, Parks and Village share a culture and core values that are attractive to the best real estate agents in our community. We are excited to work together with Jim and his team to continue improving our services to our agents and their clients.”
Over the past three years, the company has grown substantially, as recently positioned in the Nashville Business Journal’s Fastest Growing Private Companies, and now ranks in the top 25 brokerages nationally. Earlier this month, Lakeside REALTORS® joined Parks to bolster its Hendersonville and Sumner County presence. Parks Lakeside was formerly a Coldwell Banker franchise with over 70 real estate agents and staff.
Founded in 1969, Pilkerton Realtors® is one of Nashville’s most experienced and respected real estate brokerage firms with agents across four office locations – InTown, Nashville, Brentwood and Franklin. Pilkerton focuses on residential real estate brokerage, specializing in emerging, established, and luxury neighborhoods in Middle Tennessee. Throughout its 50-year history, Pilkerton has always remained committed to a single mission: tirelessly working to maximize the outcome of its clients’ real estate investments, in a diligent, honest and conscientious manner. Everyone in the company cares deeply about preserving and promoting its culture of integrity and dedication, as originally established by Founder J. Fred Pilkerton and his son, the late Jimmy Pilkerton. Pilkerton is truly honored to serve its clients. More information is available at pilkerton.com.
The Parks family of REALTORS® is home to more than 800 agents in 14 offices across five counties, making it the largest locally owned real estate company in Middle Tennessee. Parks Realty, LLC frequently earns the top ranking in annual market share with home sales totaling in the billions. Parks is one of Nashville Business Journal’s top-ranked residential brokerage firms, at the top of the charts for national independent firms, and highly ranked in the Top 500 firms in transaction sides according to the Real Trends Top 500 Report. With a focus on staff and agents, Parks is often recognized as a Top Workplace by The Tennessean. More information is available at parksathome.com.
VILLAGE REAL ESTATE
Village Real Estate was founded in Nashville in 1996 and has over 350 agents serving Middle Tennessee. Village has assisted in over 40,000 transactions, utilizing a team of experienced and knowledgeable agents focused on serving clients with the utmost care and commitment. The firm has built a culture and environment that attracts innovative and productive real estate professionals, whose dedication to their clients is reflected in every deal. Village has offices in Hillsboro Village, East Nashville and Franklin. More information is available at villagerealestate.com.