Real Estate News

Franchise Office Opens in Decatur, Tennessee

Release Date:     January 22, 2002
Category: Franchises


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Nashville, Tenn. - Crye-Leike, Realtors, the largest real estate company in Tennessee and the Mid-South, announces the opening of a franchise office in Decatur, Tenn., Meigs County, making it one of eight Crye-Leike franchises company wide and the fifth Crye-Leike franchise in Tennessee. Meigs County is ranked as one of the fourth fastest growing counties in the state.

The Decatur Crye-Leike franchise, sold to owner and managing broker Roscoe Kasior, is named Crye*Leike Roslin Realty. Its office is located at 17869 Highway 58 North and accommodates up to 12 sales associates. Specializing in residential and commercial real estate sales, Crye*Leike Roslin Realty will serve buyers and sellers in Meigs, Rhea, McMinn, Monroe, Bradley, Polk and Roane counties in Tennessee. Three sales associates have currently joined the new real estate firm: Susan Davis, Missy Millard and Dottye Riggins, all of Meigs County.

Decatur, the county seat, is located in the southeastern part of Tennessee, 45 miles northeast of Chattanooga and on the west side of Interstate 75. "Retirees are starting to discover Meigs County, " said Kasior. The attraction is credited to the county having the fourth lowest property tax rate in the state, $1.83 per $100 of assessed value.

According to the latest statistics from the U.S. Census Bureau, the population of Meigs County as of 2000 is 11,086. Meigs County experienced a 38 percent increase in population growth between 1990 and 2000.

The Tennessee River is the dominant landscape feature of Meigs County, an historic county rich in Cherokee Indian heritage and a vacation haven that boasts two rivers, two lakes, a dam and a wildlife refuge that is one of the most important stops for migrating Sandhill cranes in eastern North America. Crye-Leike has five franchise offices in Tennessee located in Grundy, Hamblen, Hardin, Meigs and Roane counties. Its remaining three franchise offices are located in Blytheville, Ark.; New Albany, Miss. and Bowling Green, Ky.

ABOUT CRYE-LEIKE FRANCHISES INC. Crye-Leike began franchising operations in 1999 as Crye*Leike Franchises Inc. (franchises.crye-leike.com), a real estate franchisor subsidiary of Crye-Leike, Realtors. The division focuses its marketing efforts on establishing franchises in smaller populated areas within Tennessee and those states surrounding Tennessee. A total of eight franchises have joined the Crye-Leike network.

"Crye*Leike Franchises offers the parent company an alternative marketing plan, creating awareness of the Crye-Leike brand in markets where it would not normally open a company office because of market size and location", said Randall Hall, national franchise sales manager of Crye*Leike Franchises Inc. He noted that franchises are currently located in Arkansas, Kentucky, Mississippi and Tennessee with future plans to expand into contiguous states.

Crye-Leike distinguishes its franchises from its branch offices by the use of a star versus a hyphen between the Crye-Leike company name.

ABOUT CRYE-LEIKE. Crye-Leike (www.crye-leike.com), a full service real estate company for 25 years, is the nation's 13th largest real estate company and the largest serving Tennessee and the Mid-South. It has a network of over 2,200 sales associates and 55 branch and franchise offices located in 25 counties throughout a five-state Mid-South region in Tennessee, Arkansas, Kentucky, Mississippi and Georgia. Crye-Leike attained sales of $2.95 billion and 20,768 closed transaction sides corporate wide in 2001.

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For More Information

Crye-Leike Public Relations
5111 Maryland Way, Suite 300 - Brentwood, TN 37027
615-373-2044 x611 | PublicRelations@crye-leike.com

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