Virtual real estate brokerage Radius launches in Texas

Radius has launched in the Lone Star State, marking the fifth marketplace for virtual real estate brokerage. The company has recruited two seasoned brokers to oversee operations in Houston.

California real estate startup Radius has launched in the Lone Star State, according to an announcement posted Tuesday.

Veteran realtors Sharon Seline Wright and Kelly McQuerry Henderson will operate out of Houston and be responsible for Radius’ growing presence in Texas.

Barb Hindle

“We are thrilled to have Kelly and Sharon on our side here in Houston as we launch our operations in Texas,” Barb Hindle, chief brokerage officer at Radius, said in a statement. “Kelly and Sharon’s extensive experience in real estate, coupled with their entrepreneurial spirit, make them perfect partners for us as we seek to grow here in Houston and across the state. I look forward to seeing their continued growth and success with Radius.

Wright and Henderson have four decades of combined sales experience in the Houston metroplex, which includes surrounding real estate hotspots The Woodlands and Sugar Land.

Wright launched her real estate career at Better Homes and Gardens Gary Greene in 2005 and consistently ranked among the office’s top production agents until her departure in 2009. From there Wright transferred to BHGRE Anderson Properties until she changed franchise and joined Keller. Williams Metropolitan in 2012.

Meanwhile, Henderson had a 17-year tenure at Keller Williams Memorial until leaving this year for Radius.

Sharon Seline Wright

“The past two and a half years have changed the world and our lives dramatically. It has not only changed the real estate market, but also the way we all do business,” Wright said of his new position. “Today more than ever, I must continue to invest and develop my business to best meet the needs of my customers. It means finding solutions that will not only solve the current climate today, but sustain us for the future. Radius is that solution.

Henderson added, “I’m thrilled to partner with such a forward-thinking and innovative brokerage firm. I’m very excited to bring Radius to Houston and the State of Texas.

Formerly known as Agentdesks, Radius underwent a seismic shift from social media and lead generation in 2016 to full-fledged real estate sales in 2018. The company has since launched in California, Colorado, Texas and in Georgia, with its agents generating $25 billion in orders since 2019.

Kelly McQuerry Henderson

Dubbed Radius Agent Realty, the virtual brokerage operates on a 100% commission model with two flat-rate options of $100 per month for basic support and $250 per month for access to the entire professional suite of Radius. Agents also pay coordination fees for buy-side ($900), sell-side ($1,050) and double ($1.35) trades as well as $600 for errors and omissions insurance.

Radius agents receive marketing, technology and training, legal compliance, lead generation, deal coordination and brand support, plus access to a team of success managers , marketers, designers, management brokers, mentors and coaches.

Alongside Radius Agent Realty, Radius also offers a Side-esque option for Team Leads that allows them to maintain their brand image while Radius handles their backend operations, including finding and verifying new team members. ‘crew. Team leaders pay $350 per month and also follow the transaction and insurance fee structure for individual agents. However, they can charge a waiver to their team members.

Finally, Radius offers its flagship principal concierge service, Radius Assist, and has entered the world of buying power with its own pre-sale and pre-sale home preparation financing options.

“Whether it’s lead nurturing, financial products like buy-before-sell, or concierge teams, they need a lot of support to be successful,” founder Biju Akoshan told Inman shortly after the launch. the company’s $13 million seed round in May. “What we’re trying to sell here is a real estate company that empowers entrepreneurial agents because the agents are all founders and entrepreneurs. They don’t have to do it alone.

The company said it will expand to other markets in 2022, including Florida and Washington.

Email Marian McPherson