July 16, 2013

Cover Story

CEO of the Year

Utah’s business landscape is rich with professionals who have le...Read More

Featured Articles

Did you go Skiing this winter?

Around Utah

Sections

Spotlight
Martin Plaehn

Spotlight
Karen Sendelback

Legal Briefs
Social Media and Employers: Friends or Enemies?

Money Talk
The Case for HSAs

Economic Insight
Time to Show Up

Lessons Learned
Make a Move

TechKnowledge
In the Lab

EntrepreneurEdge
Rent to Own

Business Trends
Back from the Dead

Executive Living
Artful Inspiration

Features
A Breath of Fresh Air

Features
Worst-Case Scenario

Regional Report
Northern Utah

Focus
Measure Up

Industry Outlook
Travel & Tourism

Players
Players

Article

CENTURY 21 Everest Realty Merges with Elite Realty

Press Release

July 16, 2013

Midvale — CENTURY 21 Everest Realty Group has merged with independent Elite Realty Group.

CENTURY 21 Everest Realty opened in June 2009 as an independent real estate company. It joined the CENTURY 21 system in 2011 with 100 agents and grew to nearly 200 real estate professionals. Now, through this merger with Elite Realty Group, the company will employ more than 250 agents.

Elite Realty Group executives, including Jeremy Leger, Dave Parker and Linda Parker, will join CENTURY 21 Everest Realty Group in new roles, along with the company’s 65 agents. As a result of the merger, CENTURY 21 Everest Realty Group will have more than ten percent of the existing home sales market share with only four percent of the agents. The company now expects to close about one out of 10 existing homes sales in the Salt Lake City market.

The merger comes at a time when the real estate market is heating up in Utah. Sales have increased 15 to 20 percent over the last year and there has been a substantial increase in new construction activity. In addition, the average days on market for local homes has dropped nearly in half to 36 days while the number of short sales in the marketplace has dropped dramatically over the last two years.

Utah Business Social
UB Events View All
Health Care HeroesUtah Business Event
Oct 21, 2014
Please join us, along with our sponsors, MountainStar Healthcare, and Roseman University in honor...
Content Marketing BootcampUtah Business Event
Oct 28, 2014
Please join Utah Business Magazine and Adobe, along with our other sponsors: Boostability, Right ...
Sustainable Business Awards 2014Utah Business Event
Nov 13, 2014
Utah Business magazine along with presenting sponsor Big D Construction, is pleased to announce t...
Community Events View All
Leadership Excellence Course
Oct 1, 2014
Leadership Excellence Course coming to Salt Lake City. Course graduates qualify for continuing ed...
BOMA Fall Education Summit
Oct 2, 2014
We are excited to host our first annual Education Summit. This year, we have twelve (12) session...

info@utahbusiness.com  |  90 South 400 West, Ste 650 Salt Lake City, Utah 84101   |  (801) 568-0114

Advertise with Utah Business

Submit an Event

* indicates required information
* Event Name:
Price (general):
Website (if applicable):
Coordinator's Name:
Coordinator's Email:
Coordinator's Phone:
Venue Name:
Venue Address:
Venue City:
Venue Zip:
Event Capacity:
Date(s):
to
* Event Description:
  Cancel