A LOCAL BROKERAGE HAS BEEN ACQUIRED BY AN ARKANSAS ERA AFFILIATE

ERA Doty

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ERA Doty Real Estate in Arkansas has partnered with Gilbert Realty Group. ERA Doty Real Estate now serves 80% of Arkansas’ counties as a result of this acquisition. According to ERA Doty, this will strengthen the firm’s position in the state’s northern regions.

Since 1969, the Gilbert Realty Group has served the Ozarks and Twin Lakes area, which is known for its second home and retirement home markets. Gilbert Realty Group’s 20+ agents will now serve clients as part of ERA Doty Real Estate; Joan Gilbert, the company’s owner, has assumed the role of executive broker. The TextERA lead generation tool and the MoxiWorks platform will be available to these Gilbert-turned-ERA agents.

Bringing Joan and her team into our company is the fulfillment of a childhood dream for me, Doty explained. “I grew up fishing on Bull Shoals Lake and Lake Norfolk, and I always wanted to own one of the beautiful lakefront homes. As an adult, I was fortunate enough to purchase one and have come to value the time I spend in this beautiful location.

It is extremely rewarding to be able to assist people from Arkansas and the Midwest in realizing their dreams of retiring here or owning a second home in the region. We’re also in an excellent position to expand the company’s presence in Branson and Springfield, Missouri.

This is Doty’s fourth acquisition since he founded the brokerage in the early 2000s with one office and 11 agents. His first purchase was a company in Flippin, Arkansas, near where he grew up. His second acquisition in 2016 was his main competitor in Jonesboro, Fred Dacus Associates, and his most recent deal in 2020 involved collaborating with another ERA Real Estate broker in Texas to co-acquire ERA TEAM Real Estate in Conway, Arkansas.

As I looked for a way to fuel our firm’s future growth, I was struck by Steve’s unique collaborative culture, which was very high touch,” Joan Gilbert explained. “This was augmented by a comprehensive technology platform that could best be described as high-tech.

This combination, along with a commitment to inclusiveness and community service, really spoke to me and will bring incredible value to the team that we didn’t have as an independent firm. I am confident that under Steve’s proven leadership, we are in good hands and that he will ensure the continued success of our team here in God’s Country. We are overjoyed to be a part of the ERA Doty Real Estate team.

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