Two colleagues in the real estate arena, William Wong and Chris Darville, have now merged their real estate businesses into one company to form Darville-Wong Realty.
The details were finalised on February 1.
Both Wong and Darville, said they seriously have been discussing the merger for the last four years and decided now to make the marriage official which sees a staff compliment of 12 agents and two brokers.
“I think my reason (for the merger) is economics and the way I travel today,” Mr. Darville said.
He added that he finds his new partner to be fairly aggressive and both companies have a great team of agents and said the merger made sense.
“In this business most agencies have basically the same listings, and we just find ourselves with the combined businesses, we bring synergies together and economically it made more sense,” Mr. Wong added.
Mr. Wong said it made good business sense to share and pool the resources and explained that it is something that could be mutually beneficial for all involved.
“We’re quite optimistic that with the combined synergies and the staff and our advertising, I think we could enjoy a good share of the market,” he said.
“I’d like to see us target more of the commercial properties in New Providence and also expand our wings more in the Family islands. There seems to be an increasing demand for properties in the Family Islands and also we’re going to have one of the best registers for rentals in New Providence.”
The plans, Wong said, are that when people think of rentals they will think of Darville-Wong Realty.
Additionally, the new firms will offer property management in its services, along with appraisals and sales.
“We will become a one stop shop,” the team said.
“In addition to that, we have a mortgage broker on staff that can pre-qualify and secure financing for potential clients. So you don’t have to go anyplace else.”
Both Darville and Wong have a number of years in the real estate industry and committed to making the presence of Darville-Wong Realty felt in the market.