We began undertaking this strategy to sort of encircle the city back in 2020, Howard Hoby Hanna IV, the president and CEO of Howard Hanna, said. We were in upstate New York and we thought it was a strategic move to sort of move down the state and then throughout parts of the tri-state area with New Jersey and Connecticut. The city was always an attraction, but we knew that it is a very different market.
Our team has built a strong reputation representing clients in New York City, The Hamptons and Florida, so expanding into Westchester [County] and Connecticut felt like a natural next step, Michael Lorber, the co-founder of the team, said. Many of our buyers and sellers already have homes across these markets, and we want to offer them the same level of service and expertise wherever they live.
K2 Omni Group has demonstrated remarkable growth and innovation in just a few short years, Leo Pareja, the CEO of eXp Realty, said in a statement. Their ability to deliver high production while building a culture of collaboration and community makes them an ideal fit for eXp's platform. In 2024, when the team had just 22 agents, it closed 313 transactions for a total sales volume of $105 million, according to the release.