{"id":36260,"date":"2021-06-17T10:25:08","date_gmt":"2021-06-17T14:25:08","guid":{"rendered":"https:\/\/www.saratoga.com\/saratogabusinessjournal\/?p=36260"},"modified":"2021-06-17T10:25:08","modified_gmt":"2021-06-17T14:25:08","slug":"hunt-real-estate-adds-20-agents-with-the-acquisition-of-all-american-properties","status":"publish","type":"post","link":"https:\/\/www.saratoga.com\/saratogabusinessjournal\/2021\/06\/hunt-real-estate-adds-20-agents-with-the-acquisition-of-all-american-properties\/","title":{"rendered":"Hunt Real Estate Adds 20 Agents With The Acquisition Of All American Properties"},"content":{"rendered":"<figure id=\"attachment_36261\" aria-describedby=\"caption-attachment-36261\" style=\"width: 1000px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-36261\" src=\"https:\/\/www.saratoga.com\/saratogabusinessjournal\/wp-content\/uploads\/sites\/48\/2021\/06\/hunt-real-estate-hc.jpg\" alt=\"\" width=\"1000\" height=\"733\" srcset=\"https:\/\/www.saratoga.com\/saratogabusinessjournal\/wp-content\/uploads\/sites\/48\/2021\/06\/hunt-real-estate-hc.jpg 1000w, https:\/\/www.saratoga.com\/saratogabusinessjournal\/wp-content\/uploads\/sites\/48\/2021\/06\/hunt-real-estate-hc-300x220.jpg 300w, https:\/\/www.saratoga.com\/saratogabusinessjournal\/wp-content\/uploads\/sites\/48\/2021\/06\/hunt-real-estate-hc-768x563.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><figcaption id=\"caption-attachment-36261\" class=\"wp-caption-text\">From left, Dave Evans, Ted Wilson, Charlotte Potvin and Dave Chambers, pose in the Hunt Real Estate office in Glens Falls. The company recently expanded by acquiring All American Properties.<\/figcaption><\/figure>\n<p class=\"p1\">By Christine Graf<\/p>\n<p class=\"p2\"><span class=\"s1\">Hunt Real Estate, a company with more than 1,300 sales professionals and 40-plus offices throughout western and upstate New York, recently expanded its Glens Falls office by acquiring All American Properties. <\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">Hunt Real Estate also has offices in Massachusetts and Arizona.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">All American Properties was the largest locally-owned real estate company in Glens Falls. Owner Ted Wilson operated the company for 20 years. He and his 20 affiliated agents have transferred to the Hunt Real Estate office at 333 Glen St. Hunt will also take over All American\u2019s Chestertown office and those agents will remain in the current location on Main Street.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">The acquisition of All American Properties occurred just one year after Hunt\u2019s acquisition of Century 21 Potvin Realty, a Glens Falls real estate company owned by Charlotte Potvin. In May, she and her 19 agents joined Hunt Real Estate in the Glens Falls office.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">According to Dave Chambers, the branch director of Hunt Real Estate\u2019s Glens Falls and Bolton Landing offices, \u201cWe\u2019ve done two acquisitions in the past year, and we went from 22 agents to 70 agents. We brought them all into our Glens Falls office in the Travelers building. We\u2019re now remodeling and expanding the office and taking over some more space.\u201d<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">The larger office is needed as agents transition back to working in the office after being forced to work from home at the height of the COVID-19 pandemic.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\"><!--more-->\u201cSome people are still working from home, but the traffic in the office has definitely picked up in the last month or so,\u201d said Chambers. \u201cWe think it\u2019s a huge positive to have a big, nice office for everyone to come into.\u201d<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">Hunt Real Estate had more than $3 billion in sales in 2020, but Chambers said they are still relatively new to the area. In order to grow their local presence, the company is interested in making additional acquisitions in the region. They recently opened an office in Saratoga.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">\u201cWe\u2019ve tried to aggressively grow over the last year\u2014or couple of years\u2014and are still looking to do so. It\u2019s about finding the right deal at the right time. Both Charlotte\u2019s and Ted\u2019s deals worked out to be that way, and it\u2019s worked out well for everybody. They wanted to make sure their people were taken care of,\u201d he said. \u201cWe\u2019re definitely<span class=\"Apple-converted-space\">\u00a0 <\/span>looking for more deals\u2014more acquisitions.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">According to Chambers, the real estate boom of the past year has showed no signs of slowing. <\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">\u201cThere\u2019s still such an inventory shortage, and it\u2019s just as crazy as it\u2019s been over the last few months. We\u2019ve seen a number of our office\u2019s listings going well over asking even in the past week or so. It hasn\u2019t slowed down at all due to the dramatic inventory shortage.\u201d<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">For more information, visit www.huntrealestate.com<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Christine Graf Hunt Real Estate, a company with more than 1,300 sales professionals and 40-plus offices throughout western and upstate New York, recently expanded its Glens Falls office by acquiring All American Properties. Hunt Real Estate also has offices in Massachusetts and Arizona. All American Properties was the largest locally-owned real estate company in [&hellip;]<\/p>\n","protected":false},"author":89,"featured_media":36261,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-36260","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\r\n<title>Hunt Real Estate Adds 20 Agents With The Acquisition Of All American Properties - Saratoga Business Journal<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.saratoga.com\/saratogabusinessjournal\/2021\/06\/hunt-real-estate-adds-20-agents-with-the-acquisition-of-all-american-properties\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Hunt Real Estate Adds 20 Agents With The Acquisition Of All American Properties - Saratoga Business Journal\" \/>\r\n<meta property=\"og:description\" content=\"By Christine Graf Hunt Real Estate, a company with more than 1,300 sales professionals and 40-plus offices throughout western and upstate New York, recently expanded its Glens Falls office by acquiring All American Properties. 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